Tokyo Stock Exchange: Analysis Of Disclosure In “Basic Policy Regarding Selection Of Accounting Standards” [Companies Whose Fys Ended By Mar. 31, 2016]

Tokyo Stock Exchange, Inc. has released its analysis of disclosure in "Basic Policy Regarding Selection of Accounting Standards" for companies whose fiscal years ended by Mar. 31, 2016.

Summary

• The combined number of “Companies that have adopted IFRS”, ”Companies that have decided to adopt IFRS”, and “Companies planning to adopt IFRS” is 141 companies (+13 companies since previous announcement). The breakdown of that is as follows. “Companies that have adopted IFRS” is 85 companies (+11 companies since previous announcement), ”Companies that have decided to adopt IFRS” is 30 companies (－2 companies since previous announcement), and “Companies planning to adopt IFRS” is 26 companies (+4 companies since previous announcement)
• The combined market capitalization of “Companies that have adopted IFRS” and ”Companies that have decided to adopt IFRS” and “Companies planning to adopt IFRS” is JPY 139 trillion, 29% (+2% since previous announcement) of the entire listed market capitalization as of Jun. 30, 2016 (JPY 481 trillion).
• “Companies considering IFRS adoption” is 233 companies (+20 companies since previous announcement)

Note: “Since previous announcement” is comparison with the published material on Apr. 13, 2016 (Companies whose FYs ended by Dec. 31, 2015)