tokyo stock exchange’s xbrl...
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1818thth International XBRL ConferenceInternational XBRL Conference1818thth International XBRL ConferenceInternational XBRL Conference
Tokyo Stock Exchange’s XBRL project
Koji YoshidaTokyo Stock Exchange, Inc.
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o yo S oc c a ge, cVer.1.2
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TDnet (Timely Disclosure network):since April 1998TDnet (Timely Disclosure network):since April 1998
(1) Submit and register disclosure data All Listed companies in Japanto the TSE online
(2) Give explanations of disclosure data to the TSE over the phone
(3) Output disclosure data on TDnet
All Listed companies in JapanMore than 4,000 companies
IssuecertificatesRegister(3) Output disclosure data on TDnet
terminals set at media institutions(4) Enable the public to view disclosure
data (TSE’s web site, TDnet d t b i )
certificates
TDnetdatabase service)
(5) Obtain certificates (at any time after disclosure)
Media
DatabaseService
Web Real-timeservice
* The public can view the data on theTSE’s Web site (http://www.tse.or.jp/)or by using the database service. Contractors
Mediainstitutions,etc.
2Investors
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History of TDnetHistory of TDnet
1998: First generation TDnetgDigital disclosure evolves from hardcopy disclosureFinancial data provided on a PDF or CSV basis
2003: Second generation TDnetXBRL introduced for the first time in the worldR i t f fi i l d t i XBRL f tReceipt of financial data in XBRL format commences
2008: Third generation TDnetgXBRL introduced substantiallyProvisions of financial data in XBRL format commences
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TSE started to apply XBRL to TDnet in 2003pp y
Listed companies provide financial data to TDnet in XBRL formatXBRL formatTDnet provides financial data to users by converting XBRL financial data provided by listed companies to
Web Service
SCV format.
Listed
companies Tokyo Stock Exchange
Web Service
Input by Input by Output Output by CSVby CSVg
Media institutions, etc.
p yp yXBRLXBRL
by CSVby CSV
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TSE has applied XBRL to TDnet officially in 2008
Listed companies provide financial data to TDnet in XBRL formatXBRL formatTDnet provides financial statements from listed companies on an XBRL basis to users in the original
Web Service
form.
Listed
companies Tokyo Stock Exchange
Web Service
Input by Input by Output Output
by XBRLby XBRLg
Media institutions, etc.
p yp yXBRLXBRL
by XBRLby XBRL
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Scope of application of XBRL in TDnetScope of application of XBRL in TDnet
Earnings digest and Quarterly earnings digestg g Q y g gSummary information, financial statements
Revised forecast performance and dividendRevised forecast performance and dividendFinancial information
C t tCorporate governance reportNon-financial information
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Time table of implementing XBRL to Earning DigestTime table of implementing XBRL to Earning Digest
Management Conditions
Cover page(summary) Notes
Financial Statement
1st Step PDFXBRL1st Step(current)
PDFXBRL
XBRLPDF PDF
2nd step
(Jan. 2009)
XBRL(unification to
securities report)
XBRLFinal step
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Structure of XBRL for the Earning Digest in TDnet
Draft October 30, 2006
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Policy on the preparation of XBRL based data in TDnet
Summary informationP id ft li ti t bl (li t d
in TDnet
Provide software application to enables preparers (listed companies) unfamiliar with XBRL to prepare XBRL data
Financial StatementsFinancial StatementsReduce works by listed companies
Realize 100% provisionRealize 100% provision(Almost 100% of companies (2,668 of 2,683) submitted summary information on XBRL basis for the closing accounts for the first quarter on March 31, 2008)
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Future efforts on the application of XBRL to TDnet ①TDnet ①
Promote the application of XBRL in earnings digestConsider the application of XBRL to data other thanConsider the application of XBRL to data other than summary information and financial statements
Consider applying XBRL to non financial informationConsider applying XBRL to non-financial informationConsider applying XBRL to disclosure data (non-financial information) other than corporate governance data
Stronger collaboration with EDINETEliminate undue works of preparers (listed companies)p p ( p )Promote unified financial data in Japan (XBRL data)
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Future efforts on the application of XBRL to TDnet ②
Promote XBRL useWebsite for learning about XBRL provision of XBRL
TDnet ②
Website for learning about XBRL, provision of XBRL application software(http://www.tse.or.jp/rules/td/xbrl/index.html)
TDnet seminarsWorkshops for 4 times from November 2007pMore than 30 companies (including information vendors, analysts, system development companies) participated in the workshops
XBRL forumExpected to be held in spring 2009
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Expected to be held in spring 2009
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fThank you for your attention.
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