JPX Market Innovation & Research, Inc.（JPXI）hereby announces the status of Proof of Concept testing for HTML disclosure of earnings reports*1 (hereinafter referred to as "the PoC testing") promoted by JPXI as of the end of February 2024.
As we have recently announced*2, that submission of HTML files of earnings reports and quarterly earnings reports for accounting periods from April 1, 2024 will be "mandatory" for listed companies*3. Accordingly, the PoC testing will end with the transition to the new system in July 2024.
JPXI appreciate your consideration of using HTML files of earnings reports, and would like to ask for your continued support. In addition, we would like to ask listed companies that have not submitted HTML files of their earnings reports at this time for preparing for creating and submitting HTML files under the new system.
- See "Details of Proof of Concept Testing for HTML Disclosure of Earnings Reports (Kessan Tanshin)" dated December 17, 2021, "Webinar on "Digital disclosure and promotion of dialogue with investors" video available" dated January 23, 2023 (available only in Japanese) and "Enriching the 'Quick Earnings Reports' Delivered to Investors: What is the 'HTML Disclosure of Earnings Reports (Kessan Tanshin)' Conducted by JPX Market Innovation & Research, Inc.?" dated June 1, 2023 (available only in Japanese).
- See "Future Policies and Status of Proof-of-Concept Testing for HTML Disclosure of Earnings Reports (Kessan Tanshin)" dated January 24,2024.
- For listed REITs, HTML submission is not "mandatory" but desirable.
"Webinar on "Digital disclosure and promotion of dialogue with investors" video available" (available only in Japanese)
"Enriching the 'Quick Earnings Reports' Delivered to Investors: What is the 'HTML Disclosure of Earnings Reports (Kessan Tanshin)' Conducted by JPX Market Innovation & Research, Inc.?" (available only in Japanese)
"Future Policies and Status of Proof-of-Concept Testing for HTML Disclosure of Earnings Reports (Kessan Tanshin)"
Latest status of the PoC testing
The number of listed companies disclosing their earnings reports in HTML format on a quarterly basis has increased since the start of PoC testing in December 2021. As of the end of May 2024, a cumulative total of over 3,200 listed companies (over 80% of the number of listed companies*) have voluntarily disclosed their earnings reports in HTML format.
- Percentage of the number of companies and REITs listed on Tokyo Stock Exchange, Nagoya Stock Exchange, Fukuoka Stock Exchange, and Sapporo Securities Exchange as of the end of May 2024.
(Companies Disclosing Earnings Reports in HTML files by Number and Percentage (Cumulative))
