Regarding quarterly disclosures in which listed companies announce their business results every three months, the Financial Services Agency has decided to abolish the report stipulated by law and unify it into a "Financial Statement" based on the rules of the stock exchange. rice field.
At the same time, we have decided to oblige listed companies to disclose information such as the percentage of female managers.
At the working group of the Financial Council held on the 23rd, the Financial Services Agency decided to review the quarterly disclosure of listed companies' earnings announcements every three months.
Specifically, we will abolish the "quarterly report" stipulated by law and unify it into a "financial statement" based on the rules of the stock exchange.
The aim is to reduce the burden on companies by unifying reports and brief reports with duplicate contents.
Furthermore, in order to promote the active participation of women, we have decided to require listed companies to describe the wage gap between men and women and the ratio of female managers in the securities report.
The Financial Services Agency is aiming to submit a bill to amend the law at the Diet next year at the earliest for unification into a brief report, and is also aiming to realize information disclosure such as the ratio of female managers as soon as possible.