There have been moves to urge companies to correct the negative effects of pursuing short-term profits alone for the sake of shareholders. As important as such moves are, the necessity of information disclosure also must not be forgotten.
It is vital to explore concrete measures to achieve both future growth and appropriate information disclosure.
An expert panel of the Financial Services Agency has begun discussions as part of a review of rules under which listed companies on the Tokyo Stock Exchange are required to disclose their corporate performances quarterly. The expert panel intends to compile a report on the issue this spring.
