Discussion Forum - Page 75 of 116 - The Board Director Training Institute of Japan (BDTI)

Institute of Japanese CPAs- Corporate Disclosure in Japan

(A bit old but useful) – This booklet is the sixth edition of Corporate Disclosure in Japan – Overview published by the International Relations Committee of the JICPA in order to provide both historical and current
information, including the above-mentioned content regarding the outline of the corporate disclosure system in Japan. I am certain that this booklet will help you to better understand an overview of the current status of corporate disclosure in Japan.

Ongoing Net Decline in Parent Subsidiary (Mr. Nishiyama at Nomura)

Fewer than 300 listed subsidiaries with listed parents for first time since end-FY98 — Based on Toyo Keizai major shareholder data, we estimate that 298 companies were listed subsidiaries with listed parents as of end-FY12 H1 (end-September 2012). This represents a net decrease of eight from 304 as of end-FY11 (end-March 2012) (Figure 1). The number has fallen below 300 for the first time in the 13 and a half years since end-FY98, when there were 281.

Main reason for decline is delisting on conversion to wholly owned subsidiary.

Login

Not a member? Register here and immediately make your entry. It takes less than a minute.