Regarding the fact that the Kishida administration has indicated a policy to review the "quarterly disclosure" in which companies announce their business results every three months, the Minister of State for Financial Services Suzuki has organized the issues and reports by the spring of this year. I showed the idea to put together.
"Quarterly disclosure", in which companies announce their business results every three months, was obligatory for listed companies in 2008, but the Kishida administration is aiming for "new capitalism", and companies are long-term. It shows a policy of reviewing in order to manage from a viewpoint.
Regarding this, Suzuki's finance minister said at a press conference after the cabinet meeting on the 28th, "In the new capitalism, companies emphasize long-term growth rather than short-term profits, not only shareholders but also employees and so on. We believe it is important to run a business that benefits our stakeholders. "
On top of that, Minister Suzuki said, "While there is an opinion that quarterly disclosure should be reviewed in order to encourage investors and companies to pursue short-term profits, progress in business performance is seen in terms of medium-term corporate value. There is also an opinion that it is necessary to confirm), so I would like to discuss it carefully. "