In today’s briefing:
- Another Reason Companies Are Reluctant to Disclose in English, and Not Just Because of the Cost
Another Reason Companies Are Reluctant to Disclose in English, and Not Just Because of the Cost
- Even in 93.8% of prime companies that disclose financial results in English, many disclose only summaries and financial statements in English, while few provide qualitative information and notes in English.
- The belief that the company doesn’t provide sufficient information to shareholders to control AGM is common to reluctance to disclose documents in English, which are highly demand by overseas investors.
- The idea of “not wanting to provide overseas investors with sufficient information,” which has ingrained in many companies, is opposed to movement to “improve the quality of dialogue with investors.”
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