• X
  • facebook
  • youtube

Council of Experts Concerning the Revision of the Quarterly Disclosure System

A council of experts has been established to ensure that operations are in line with the aims for integration of quarterly disclosures that were specified in The Working Group on Corporate Disclosure of the Financial System Council report in June and December 2022. It will hold discussions while taking into full consideration the opinions of investors, listed companies, academics, and other market users.

Establishment of the Council of Experts Concerning the Revision of the Quarterly Disclosure System icon-pdf
Members icon-pdf

For the report by the Working Group on Corporate Disclosure of the Financial System Council, please see the following page
(JFSA website, Japanese only).

Practical Policy Concerning the Revision of the Quarterly Disclosure System

Based on the considerations of the council, Tokyo Stock Exchange, Inc. compiled and published the “Practical Policy Concerning the Revision of the Quarterly Disclosure System” on November 22, 2023.

Practical Policy Concerning the Revision of the Quarterly Disclosure System icon-pdf

TSE carried out a public consultation from December 18, 2023 to January 17, 2024 concerning revisions to the listing rules in accordance with the revision of the quarterly disclosure system.
For more details, please refer to the following page.

Disclosure Status of Quarterly Earnings Reports Following the Revision of the Quarterly Disclosure System

Disclosure Status of Quarterly Earnings Reports Following the Revision of the Quarterly Disclosure System (published on September 5, 2024) icon-pdf
Review Status of Quarterly Earnings Reports for Q1 or Q3 Ending December 31, 2024 (published on March 12, 2025) (Note) icon-pdf
(Note)
  • ・Some errors were found in the announcement made on March 6, 2025 and corrected on March 12, 2025.

Minutes and Materials

The First Council on June 29, 2023

Document 1 Agenda icon-pdf
Document 2 List of members icon-pdf
Document 3 Secretariat's explanatory material icon-pdf
Minutes icon-pdf

The Second Council on August 31, 2023

Document 1 Agenda icon-pdf
Document 2 Secretariat's explanatory material icon-pdf
Minutes icon-pdf

The Third Council on October 27, 2023

Document 1 Agenda icon-pdf
Document 2 Secretariat's explanatory material icon-pdf
Document 3 Practical Policy Concerning the Revision of the Quarterly Disclosure System (Draft) icon-pdf
Minutes icon-pdf
S