Business Contents / Business Environment
Business Contents
Takara Printing’s business includes IPO-related services such as the preparation of listing application documents, Financial Instruments and Exchange Act and Investment Trust Act-related services, and Companies Act-related services such as the preparation of convocation notices for shareholders’ meetings, as well as voluntary disclosure-related services such as investor relations (IR) and shareholder relations (SR), including the preparation of business reports.
Takara Printing currently provides various support services for each stage of the IPO process, including “2-3 years pre-IPO” (pre-IPO services), “IPO” (IPO services) and “post-IPO” (post-IPO services).
Business Environment
From “System Disclosure” to “Voluntary Disclosure”
Disclosure in Japan is divided into “System Disclosure” – the disclosure of financial information required by Japanese law, and “Voluntary Disclosure” – the disclosure of information typified by IR. The scope of these disclosures has been expanding in recent years, and our business opportunities have been expanding as a result.
The Arrival of the “e-Disclosure Era”
“EDINET,” an electronic disclosure system for securities reports and other documents (mandated in June 2004) was converted to XBRL in 2008, and has played a leading role in Japan’s electronic disclosure era. In addition, in the field of IR as well, the digitization of content has been proceeding at a rapid pace.
Globalization of Disclosure
With the globalization of fund procurement and an increase in the number of foreign shareholders, corporate disclosure is becoming ever more global, with an increasing number of companies creating English IR tools for overseas institutional investors and foreign shareholders.