Review of Quarterly Reporting Natural Step, Japan Lawmaker Says
- LDP’s Katayama says legal requirement won’t change this year
- More data, such as gender pay disparities, should be reported
Satsuki Katayama
Photographer: Toshifumi Kitamura/AFP/Getty Images
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A review of Japan’s legal requirement for firms to provide quarterly financial reports is a matter of course, given Prime Minister Fumio Kishida’s New Capitalism policy framework, according to the head of a ruling party finance panel.
“It’s meaningful to do this as we aim for a capitalism that will enable Japan to grow,” said Satsuki Katayama, a former Finance Ministry bureaucrat and head of a ruling Liberal Democratic Party committee on finance and securities. “But there is absolutely no intention to reduce the amount of information companies disclose,” she said in an interview Friday with Bloomberg.