70 likes | 174 Views
9 th XBRL International Conference. TSE ’ s Next Step for TD-net Our experience with XBRL. Masaru TOKITA Director of Listing & Corporate Liaison, TOKYO STOCK EXCHANGE, Inc. “One of the Leading Stock Exchanges in the World”, Tokyo Stock Exchange.
E N D
9th XBRL International Conference TSE’s Next Step for TD-net Our experience with XBRL Masaru TOKITA Director of Listing & Corporate Liaison, TOKYO STOCK EXCHANGE, Inc.
“One of the Leading Stock Exchanges in the World”,Tokyo Stock Exchange
Present situation of electronic disclosure of company information EDINET (legal) EDINT (administrative service) Listed companies Reading rooms at Local Finance Bureaus, etc. Immediate Legal disclosure (FSA) FSA’s Web site One-day delay Ordinary investors Media institutions, etc. Newspaper, TV, Information terminals, etc. Immediate TDnet Timely disclosure (TSE) TSE’s Web site Immediate Free, Eight days TDnet DBS Will be Immediate Fee-charging, Past information
What is the TDnet (Timely Disclosure network)? TDnet (which is a timely disclosure network system) 【Operations began in April 1998】 (1) Submit and register disclosure data to the TSE online (2) Give explanations of disclosure data to the TSE over the phone (3) Output disclosure data on TDnet terminals set at media institutions (4) Obtain certificates (at any time after disclosure) (5) Enable the public to view disclosure data (TSE’s web site, TDnet database service) * The public can view the data on the TSE’s Web site (http://www.tse.or.jp/) or by using the database service from the following morning. Listed companies Issue certificates Register TDnet TSE’s Web site Database service Media institutions Investors Contractors
Usage of XBRL in TD-net • XBRL is used for inputting numerical data such as Earning Digests, Corrections, etc. • If data are input into special disclosure software provided by TSE, both XBRL format and PDF format (disclosure material) data will be produced at the same time. • Numerical data are accumulated as XBRL format in database Reference format of Earning Digest
TSE’s Future Challenges TSE is regarded as a pioneer in the introduction of XBRL in Japan. • Explore further possibilities from any angle ! • Pay attention to other XBRL efforts worldwide ! • Keep in contact with those who are active in the front lines throughout the world !