In today’s briefing:
- The Problem Is that Companies that Don’t Want to Do Discloser in English Are Listed on Prime Market
The Problem Is that Companies that Don’t Want to Do Discloser in English Are Listed on Prime Market
- Companies disclosing in English increased to 97.2% in 2023 prime market. However, only 15% of overseas investors responded “satisfied,” indicating a continuing mismatch between disclosure content and investor needs.
- TSE will prioritize the documents according to whether disclosure requires immediacy, and divide companies into mandatory companies and effort companies according to the size and foreign ownership of a company.
- However, disclosure in English of lower priority documents would be more difficult. Separating companies would allow the prime market to include companies that don’t need to interact with global investors.