In today’s briefing:
- The Standard that All 1,600 Prime Market Companies Could Do Would Be Loose
The Standard that All 1,600 Prime Market Companies Could Do Would Be Loose
- TSE wants to make disclosure of financial statements in English mandatory, which many prime market companies do, and to require disclosure in both Japanese and English on the same day.
- The focus will be on expanding to English-language disclosure of documents such as annual securities reports and corporate governance reports, which are in high demand by overseas investors.
- Inadequate English-language disclosure has directly affected listed companies by preventing IR meetings from deepening dialogue and negatively impacting investment decisions.