Daily BriefsESG

Daily Brief ESG: The Standard that All 1 and more

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

By Aki Matsumoto

  • 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.

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