How we supported 710 submitting in one day Tadashi Shiozaki Case Studies in XBRL Solutions Thursday, June 25 15:00 - 1

1. 19th XBRL International Conference“Reducing regulatory burden with XBRL: a catalyst for better reporting”June 22-25, 2009Paris, France How we supported 710 submitting in one day Tadashi Shiozaki Case Studies in XBRL Solutions Thursday, June 25 15:00 - 15:30

2. Telephone call to Takara helpdesk

3. About Takara Printing Financial printer (Production and sales of printed matter related to the Securities Exchange Act, the Commercial Code of Japan and investor relations (IR), as well as the production and handling of legal and IR-related advertisements.) Owns about 50% of financial reporting market in Japan.

4. About X-Editor X-Editor is Takara’s disclosure tool, released October, 2004. You can see X-Editor’s XBRL concept at 15th XBRL International conference’s presentation. “Preparing XBRL financial statements without error and without knowledge of XBRL “

5. Two regulators forexternal filings in Japan

6. Quarterly report submitting 0 30 45 (days) Quarterly period end Quarterly earning digest (XBRL) Quarterly report (XBRL) TDnet EDINET Preparers have to submit two XBRL documents to two regulators. Those two (TDnet and EDINET) format, rule, etc are very similar.

7. Takara’s solution 0 30 45 (days) Hybrid XBRL Data for TDnet / for EDINET make each data available for TDnet for EDINET TDnet EDINET Preparers don’t have to make two XBRL data. One source (Hybrid XBRL Data) multi use ( for TDnet, for EDINET ) concept.

8. Annual report submitting 0 30 90 (days) Earnings digests TDnet Copy available Annual report EDINET Preparersmake two documents. (Earnings digests, and Annual report) In this case, hybrid XBRL document is notsogood for preparers. (60 days is enough to modify Earning digest’s numeric before submitting Annual report.)

9. Preparers anxiety • I don’t know about XBRL, can I submit XBRL report within deadline ? • Japanese shareholder’s equity statement is very complicated, can I submit XBRL report within deadline ? • We have to submit a few hundred annual reports each year, can I submit XBRL report within deadline ? (mutual fund asset manager operator) • Annual report is not completely XBRLized, can you also help me about HTML documents and submitting phase ? • When I asked a question from CPA which I can’t answer, can you answer to CPA instead of me ? • Can I easily takeover this job to another person ? Takara’s solution To the following page...

10. Case study of mutual fund 1 About customers (company N) • One of the leading mutual fund asset managers in Japan • Submitting more than 200 reports to EDINET every year ( All of these Annual report and Securities Registration Statement must submit by XBRL ) About Japanese mutual fund’s Annual report and Securities Registration Statement • Both Annual report and Securities Registration Statement must submit at same time • Annual report and Securities Registration Statement’s XBRL data must completely same • At peak time, more than 10 reports are submitted in same day

11. Case study of mutual fund 2 Company N’s requirement ( N compare 5 XBRL service providers, including Takara ) Reducemaking XBRL data time as shorter as possible. Don’t want to change their workflow of making annual report. Use N’s accounting system’s output Excelformat. Don’t want to learn about XBRL technical word nor concept. Reducetrainingtime about XBRL tool operation as shorter as possible. Takara’s solution We ( N’s operator, N’s system engineer, Takara’s consultant, Takara’s system engineer ) discuss several times and finally, we reached the idea of “ExceltoXBRLautotaggingsystem” B), C) Customize N’s Excelformat to Takara’s X-Editor format D), E) Takara’s X-Editor doesn’tusetechnicalword, so N’s operator could easily handle X-Editor.

12. Case study of mutual fund 3 Company N chose Takara Why Takara ? • ”Excel to XBRL autotaggingsystem” will be able to reduce a lot of time to making XBRL data. • Takara’s X-Editor is easy to handle, so if N employ a new operator, he will handle his new job withinaweek. Result • Only 3days( 6hours) training, N’s 5 operators couldhandle Takara’s X-Editor. • 99.9% of autotagging system cover ratio. • Throughput of Annual report making increasedalittle, however N’s operator don’tfeel so much stress. c.f. Increased time to making annual report by XBRL format Takara’s X-Editor : 20 minute another XBRL tool :120 minute

13. Case study of mutual fund 4 What should we do about non-EDINET taxonomy • EDINET taxonomy’s “Commercial papers” is prepared as a Liabilities. • Asset managers use “Commercial papers” as an Assets. • EDINET prepare “Other securities” instead of preparing “Commercial papers, mutual fund” • CPA (Certified Public Accountant) recommend to disclose as “Commercial papers, mutual fund” from concept of continuously disclose. Easy taxonomy extension function is required (EDINET allow taxonomy extension)

14. Case study of mutual fund 5 Requirement about taxonomy extension Operator (not system administrator nor CPA) canextension. Easyextension and easy inspection. Don’tbea bottle neck of CPA’s audit schedule. Multiuseable of one time taxonomy extension. Takara’s solution A), B), C) ・X-Editor has a concept of “Administrator is customer, not Takara.” so operator can extension taxonomy. ・No need for special knowledge of XBRL nor EDINET, onlyfewexperienceof accounting section. ・Interactiveinterface lead operator to valid XBRL data. D) ・Extension taxonomy is stored in common area of each asset management company.

15. Case study of mutual fund 6 One of mutual funds asset manager’s existing XBRL system’s concept of taxonomy extension All taxonomies which have the possibility of extension are preset to system MERIT Operator don’t have to extension. DEMERIT Operator can’t extension. (Are you OK in emergency ?) Takara’s solution ・Usually please use your own (existing) system. We don’t deny it. ・In emergency, please use Takara’s X-Editor. It’s easy to handle. (Easy to handle = Difficult to forget the operation)

16. Preparers friendly concept (for non expert of XBRL ) Preparers ≠ XBRL expert Preparers ＝ Accounting or General affairs Takara’s solution Takara’s X-Editor never use difficult words such as ... ・Schema, Instance ・Linkbase, role, arc role ・order, weight ・preferred Label, nilable, abstract ・context, namespace, unit

17. voices from preparers 1 Sharp Corporationhttp://sharp-world.com/index.html One of Japanese big electric product company ・At the 1st quarter (first time of XBRL submitting)  I felt some confusion. But at the 2nd quarter I could handle X-Editor easily. ・Thanks to “reusable previous quarter’s information system” I could reduce XBRL data creation time. ・I could make both Quarterly earning digest (for TDnet) and Quarterly report (for EDINET) with less effort than I had imagined. ・Most questions were answered immediately by Takara support team. ・We could  concentrate on making our policy what to disclose on the quarterly report because we did not have to worry about XBRL settings . ・X-Editor could display and print EDINET’s HTML image, so I could easily check my XBRL data.

18. voices from preparers 2 SOFTBANK CORP. http://www.softbank.co.jp/en/index.html One of the major comprehensive telecommunication companies in Japan ・For our first XBRL submitting, we were anxious about the procedure to convert our financial statements into XBRL data. ・However, Takara’s X-Editor was so helpful to reduce XBRL makingtime, and then, we could concentrate about “How to appropriately disclose our financial report”. ・We feel that the checks and advices for our XBRL data by Takara’s supporting team were also very helpful to make appropriate data. ・Not only about XBRL, Takara’s support in the whole procedurefor preparing materials for disclosure also enable us to make more appropriate financial reports for disclosure.

19. voices from preparers 3 ・Taxonomy extension is very easy ! ・One source (Hybrid XBRL Document) multi use ( for TDnet, for EDINET ) concept is good ! ・X-Editor is very easy to handle, so I’ll be able to takeover this jobwithout detail document. ・Takara knows well about making business report, X-Editor prepare a lot of useful function. ・I could make XBRL data as if I was playing TV game. (I didn’t feel bothersome) ・I could make quarterly report easily, I’m looking forward to make annual report !

20. cooperation with upstream process cooperation accounting software vender Takara TDnet XBRL EDINET Takara is cooperating with some accounting software venders, so prepares don’t have to re-type numeric information.

21. in the future SEC taxonomy annualreport .ｘｌｓ Auto tagging IFRS taxonomy annual report xls → XBRL (by Auto tagging system) This flow can disregard the difference of taxonomy, language.

22. Conclusion Takara’s suggestion ・Listen carefully preparers voices (Who are the preparers ?) ・Preparers friendly system ・Easy takeover able system (easy handling system) ・Total consulting of submitting ・No gray zone in preparers guideline (Gray zone confuse preparers)

23. Thank you for listening more information: T_shiozaki@takara-print.co.jp Tadashi Shiozaki TAKARA PRINTING CO.,LTD.