New data on voluntary IFRS adoption in Japan

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29 Jul 2016

The Tokyo Stock Exchange (TSE) has released data showing that 141 companies listed on the TSE, accounting for almost 30 per cent of the market capitalisation, have adopted or plan to adopt International Financial Reporting Standards (IFRS). In addition, over 200 further companies are actively considering adoption.

The TSE report shows the following development:

June 2014 December 2014 March 2015 August 2015 March 2016 June 2016
Companies that have adopted IFRS 27 38 38 68 74 85
Companies that have decided to adopt IFRS 15 14 35 23 32 30
Companies planning to adopt IFRS and have publicly stated the fact 21 22 26
Total 42 52 73 112 128 141

Please click to access the full analysis on the TSE website.

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