Guide to English Materials Distribution Service
Overview of TSE English Materials Distribution Service
To encourage corporate information to be reported in English and to facilitate communication between listed companies and overseas investors, Tokyo Stock Exchange, Inc. (TSE) offers a "TSE English Materials Distribution Service" that widely disseminates corporate information in English by filing on TDnet. This service has been used by many listed companies as a platform to easily provide English corporate information to overseas investors.
Japan's Corporate Governance Code stipulates in its Supplementary Principle 3.1.2 that "Bearing in mind the number of foreign shareholders, companies should, to the extent reasonable, take steps for providing English language disclosures. In particular, companies listed on the Prime Market should disclose and provide necessary information in their disclosure documents in English".
TSE highly recommends that all listed companies use this service to strengthen their information distribution practices for overseas investors.
How to access the list of English materials on the TSE website
Benefits of Using the Service
- By simply registering the English versions of your company's information disclosure materials with TDnet, they will automatically be disseminated in a timely manner to the terminals of information vendors and the like used by overseas investors.
- A list is also published on the JPX English website.
- The process for registering English documents to TDnet is the same as that for timely disclosure in Japanese.
- Since the rules on timely disclosure set by TSE do not apply, the information targets, contents, timings, formats, and the like are flexible.
- There are no extra procedures required for use of this service. There are also no extra costs.
Companies Subscribing to English Materials Distribution Service
- Bloomberg L.P.
- FactSet Research Systems Inc.
- Jiji Press, Ltd.
- Kyodo News
- QUICK Corp.
- REFINITIV
- The Wall Street Journal
(note)
- ･The above companies are contractors using the TDnet Server-Based Service for English disclosure documents who have given permission for their names to be listed on this page. For details of the TDnet Server-Based Service, please see the link below.
Information Provided
The English versions of the following corporate information documents disclosed in Japanese are eligible. Excerpts of the corporate information published in Japanese may also be posted.
- Timely disclosure information: Corporate information disclosed in accordance with the TSE rules
- Filed information: Documents submitted in accordance with the TSE rules
- PR information: Corporate information whose usefulness to investment decisions is not necessarily clear
- Reports on ESG information: ESG reports, etc. that contain information on environment, social, and governance (ESG) factors
- Securities reports, etc.: Corporate information disclosed in accordance with the Financial Instruments and Exchange Act
Timing of Disclosure
Even if you are unable to post English versions of the timely disclosure documents at the same time as the Japanese versions, you can post them later as soon as they become ready for disclosure.
Please note that it is not possible to post English materials prior to disclosure in Japanese for corporate information that is required to be disclosed in a timely manner.
Rules on Titles of Disclosed Documents
If English materials to be posted fall under "Update of English materials", "Excerpts or summary of Japanese materials", or "Publication after the Japanese disclosure day", please add the following identifiers at the beginning of the title on TDnet (not the title of the materials).
| Type |
Identifier displayed before the title |
| Update of English materials |
[Updated] |
| Excerpt or summary of the Japanese materials |
[Summary] |
| Publication after the Japanese disclosure day |
[Delayed] |
Disclosure Forms
TSE provides English Sample Disclosure Forms on the following page, in order to standardize and improve the quality of English disclosure documents as well as reduce the burden for listed companies in creating them. TSE recommends use of these examples.
How to Register Documents with TDnet
"English materials submission guidance" is posted for reference on the "TDnet Usage Manuals" page of the "Listed Companies-oriented Navigation System" site.
FAQ (in Japanese)
The "FAQ on the TSE English Materials Distribution Service" is posted on the "Listed Company-oriented Navigation System" page for reference, based on many questions TSE has received and its answers.
Contact
Tokyo Stock Exchange, Inc. Listing Department
TEL:+81-3-3666-0141 (Operator)
Close
