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Tokyo Stock Exchange to require Japanese, English disclosures for major firms

Starting April 2025, the Tokyo Stock Exchange (TSE) mandates all Prime market-listed companies to release financial statements in both Japanese and English. This initiative aims to draw more international investors and enhance corporate communication, thus improving company value. Approximately 1,600 companies on the Prime tier will be affected. This decision builds on the TSE’s earlier commitment to require simultaneous English translations of financial statements and other crucial disclosures, addressing the current gap where only 42.3% of companies provide bilingual earnings reports, and a mere 28.5% do so for other key documents.


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