005

English-language disclosure by JPX-Nikkei 400 constituents, 2017
January 8, 2018
International Disclosure Services Corporation
Note: This report has been created based on objective research, and does not constitute a recommendation of any
particular method of disclosure or presentation. This report has been created and compiled based on careful research,but its accuracy is not guaranteed. Copyright pertaining to this report belongs to International Disclosure Services
Corporation, and it may not be redistributed or reproduced without the permission of International Disclosure
Services Corporation.

Contents
1．Scope of research ..................................................................................................................................................... 2
2．Proxy statements ...................................................................................................................................................... 2
Rate of English translation .................................................................................................................................... 2
Scope of English translation ................................................................................................................................. 3
Maps and instructions regarding the exercise of voting rights .............................................................................. 4
3．Notices of resolutions............................................................................................................................................... 5
Rate of English translation .................................................................................................................................... 5
4．Results of the exercise of voting rights (extraordinary reports)................................................................................ 6
Rate of English translation .................................................................................................................................... 6
5．Financial results (kessan tanshin)............................................................................................................................. 8
Rate of English translation .................................................................................................................................... 8
Frequency of translation ..................................................................................................................................... 10
Scope of English translation ............................................................................................................................... 10
6．Presentation materials for earnings briefings ......................................................................................................... 12
Rate of English translation .................................................................................................................................. 12
Frequency of translation ..................................................................................................................................... 13
7．Duplication of information between documents and scope of disclosure............................................................... 14
8．English translation of each type of document ........................................................................................................ 14
Research results overview .............................................................................................................................. Appendix 1

English-language disclosure by listed companies in Japan has been rapidly increasing since the applicationin June 2015 of Japan’s Corporate Governance Code, which contains a number of items related to Englishlanguage disclosure. In particular, JPX-Nikkei Index 400 constituent companies appear to be focusing on
English-language disclosure owing to selection criteria for the index specifying that “English documents
regarding the most recent earnings information are disclosed via TDnet (Company Announcements
Distribution Service in English).”In this report, we consider the extent and scope of JPX-Nikkei 400 constituents’ translations of key disclosure
documents, and identify recent trends by comparing the results with our findings in 2015.

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

1．Scope of research
We researched the English-translation of five types of document: proxy statements for annual general
meetings, notices of resolutions, results of the exercise of voting rights (extraordinary reports), financial
results (kessan tanshin), and presentation materials for earnings briefings.
Companies are also increasingly translating press releases, but we have excluded them from the scope of
this research because many companies only translate certain press releases, and it is difficult to makecomparisons between companies as the standards and frequency of translation vary between companies.
An overview of the results of our research into the JPX-Nikkei 400 constituents is provided at the end of
this report. Comparisons are based on the results of our research in 2015, which can be found here: Englishlanguage disclosure by JPX-Nikkei 400 constituents, 2015.

2．Proxy statements
Rate of English translation
In 2017, 352 companies out of 400 JPX-Nikkei 400 constituents translated their proxy statements, or 88.0%.
This represents a significant increase from 2015, when 272 companies (68.2%) translated their proxystatements (table 1, figure 1).
Breaking this down by the proportion of foreign shareholders, 1) 82.6% of companies with up to 10%
foreign shareholders translated their proxy statements, compared with 2) 80.0% of companies with 10-20%
foreign shareholders, 3) 85.0% of companies with 20-30% foreign shareholders, and 4) 94.3% of companies
with more than 30% foreign shareholders. In 2015, few companies with 20% or less foreign shareholders
translated their proxy notices, but the proportion doing so increased significantly in 2017, such that similar
proportions of companies with up to 10% foreign shareholders, 10-20% foreign shareholders, and 20-30%
foreign shareholders translated their proxy statements. It seems that in 2015, the proportion of foreign
shareholders was a key factor in most companies’ decision whether or not to translate their proxy statements,
whereas in 2017, this information played less of a role in companies’ decision-making, amid an increasing
focus on corporate governance in recent years (table 2, figure 2).
In terms of industries, 1) 92.7% of manufacturing companies, 2) 81.1% of service companies, and 3) 93.2%
of financial companies translate their proxy statements. Compared with 2015, the proportion of companies
translating their proxy statements has increased across all industries, although the proportion of service
companies remains relatively low compared with other industries (table 3, figure 3).
Table 1 Number of companies creating English translations of their proxy statements
2015
2017
With translation
272(68.2%)
352(88.0%)
No translation
127(31.8%)
48(12.0%)

100%
75%

No translation

50%

With translation

25%
0%
2015

2017

Figure 1 Rate of English translation of proxy statements

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 2 Rate of English translation of proxy statements by proportion of foreign shareholders
Proportion of foreign
2015
2017
shareholders
1) Up to 10%

4/10(40.0%)

19/23(82.6%)

2) 10-20%

42/94(44.7%)

60/75(80.0%)

3) 20-30%

78/124(62.9%)

108/127 (85.0%)

4) More than 30%

148/171 (86.6%)

165/175 (94.3%)

Total

272/399 (68.2%)

352/400 (88.0%)

100%
75%

2015

50%

2017

25%
0%
1) Up to 10%2) 10-20%

3) 20-30%

4) More than30%

Figure 2 Rate of English translation of proxy statements by proportion of foreign shareholders
Table 3English translation of proxy statements by industry
Industry

2015

2017

1) Manufacturing146/193 (75.7%)

178/192 (92.7%)

2) Service

96/163(58.9%)

133/164 (81.1%)

3) Financial

30/43(69.8%)

41/44

Total

272/399 (68.2%)

100%
75%
50%
25%
0%

(93.2%)

352/400 (88.0%)

2015
2017

Figure 3 Rate of English translation of proxy statements by industry
Scope of English translation
We compiled data on the scope of English translation based on five categories: 1) full translation, 2) fulltranslation except the auditor’s report, 3) particulars and reference documents, 4) particulars only, and 5)
other (table 4, figure 4). In 2015, more companies (44.1%) chose to create a full translation than any othercategory, but the proportion of companies creating a full translation fell to 37.0% in 2017. Still, the actual
number of companies creating a full translation increased from 120 to 130 companies. In 2015, the secondmost popular category after “full translation” was “particulars and reference documents” with 34.9% of
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English-language disclosure by JPX-Nikkei 400 constituents, 2017

companies choosing to translate these documents, but in 2017, the proportion of companies translating these
documents increased to 47.0%, meaning “particulars and reference documents” overtook “full translation”
to become the most popular category. Although there was a decline in the proportion of companies creating
a full translation, it appears that many of the 80 companies opting to translate their proxy statements for the
first time in 2017 decided to translate the particulars and reference documents. We will be looking closely
at whether these companies move to a full translation in future.
Table 4 Number of companies by scope of English translation
2015
2017
(% of 272 companies translating (% of 352 companies translating
their proxy statements)
their proxy statements)
1) Full translation120(44.1%)
130(37.0%)
2) Full translation except
13(4.8%)
11(3.1%)
the auditor’s report
3) Particulars and95(34.9%)
165(47.0%)
reference documents
4) Particulars only4
(1.5%)
2(0.6%)
5) Other40(14.7%)
43(12.3%)
100%5) Other75%4) Particulars only

50%

3) Particulars and reference documents

25%2) Full translation except the auditor's report
1) Full translation

0%
2015

2017

Figure 4 Rate of English translation of proxy statements by scope of translation
Maps and instructions regarding the exercise of voting rights
Japanese versions of proxy statements usually have a map at the end that shows the vicinity of the meetingvenue, but only 5.1% of companies with English translations have maps in English versions of proxystatements, down from 8.3% in 2015. Furthermore, five of these companies have written descriptions ofroutes from the closest station instead of maps in English versions, but we have included them under “withtranslation” (table 5, figure 5).
An increasing number of companies include a page with an explanation of how to exercise voting rights inwriting and online in Japanese versions of their proxy statements. Of companies with English translations,
50.1% translated these pages, slightly up from 47.8% in 2015. Furthermore, we have only included
companies that include these instructions as a separate page, and have not included those where theexplanation is a few lines in the particulars (table 5, figure 5).
Table 5 Translation of maps and instructions regarding the exercise of voting rights
2015
2017
(% of 272 companies translating (% of 352 companies translating
their proxy statements)
their proxy statements)
With translation of map
16(8.3%)
18(5.1%)
With translation of pagefor instructions regarding
130(47.8%)
176(50.1%)
the exercise of voting
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English-language disclosure by JPX-Nikkei 400 constituents, 2017

100%
75%

2015

50%

2017

25%
0%
With translation of map

Figure 5

With translation of pagefor instructions regarding
the exercise of voting
rightsTranslation of maps and instructions regarding the exercise of voting rights

3．Notices of resolutions
Rate of English translation
Out of 400 JPX-Nikkei 400 constituents, 192 companies translate their notices of resolutions, or 48.0%.
This marks a small increase from 46.6% in 2015, but the proportion remains lower than the proportion ofcompanies that translate their proxy statements. Furthermore, instead of translating this information as a
notice of resolutions, ten companies posted this information online as reports of general meetings on thegeneral meeting of shareholders section of their investor relations websites, but as the content is virtually
the same as a notice of resolutions except for the method of payment of dividends, etc., we have counted
such companies as translating their notices of resolutions (table 6, figure 6).
The proportion of companies translating notices of resolutions is higher for companies with a higher
proportion of foreign shareholders, with 1) 30.4% of companies with up to 10% foreign shareholders, 2)
21.3% of companies with 10-20% foreign shareholders, 3) 42.5% of companies with 20-30% foreign
shareholders, and 4) 65.7% of companies with more than 30% foreign shareholders translating notices ofresolutions (table 7, figure 7).
In terms of industries, 1) 56.3% of manufacturing companies, 2) 37.2% of service companies, and 3) 52.3%
of financial companies translate their notices of resolutions (table 8, figure 8).
Table 6 Number of companies creating English translations of their notices of resolutions
2015
2017
With translation
186(46.6%)
192(48.0%)
No translation
213(53.4%)
208(52.0%)

100%
75%

No translation

50%

With translation

25%
0%
2015

2017

Figure 6 Rate of English translation of notices of resolutions

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 7 Rate of English translation of notices of resolutions by proportion of foreign
shareholders
Proportion of foreign
2015
2017
shareholders
1) Up to 10%

3/10(30.0%)

7/23(30.4%)

2) 10-20%

23/94(24.5%)

16/75(21.3%)

3) 20-30%

46/124(37.1%)

54/127(42.5%)

4) More than 30%

114/171 (66.7%)

115/175 (65.7%)

Total

186/399 (46.6%)

192/400 (48.0%)

100%
2015
2017

75%
50%
25%
0%
1) Up to 10% 2) 10-20%

3) 20-30% 4) More than30%

Figure 7 Rate of English translation of notices of resolutions by proportion of foreign
shareholders
Table 8English translation of notices of resolutions by industry
Industry

2015

2017

1) Manufacturing100/193 (51.8%)

108/192 (56.3%)

2) Service

64/163(39.3%)

61/164(37.2%)

3) Financial

22/43(51.2%)

23/44(52.3%)

Total

186/399 (46.6%)

100%
75%
50%
25%
0%

Figure 8

192/400 (48.0%)

2015
2017

English translation of notices of resolutions by industry

4．Results of the exercise of voting rights (extraordinary reports)
Rate of English translation
Out of 400 JPX-Nikkei 400 constituents, 97 companies translate extraordinary reports regarding the resultsof the exercise of voting rights, or 24.3%, a significant increase from 2015 when 12.5% of companies
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English-language disclosure by JPX-Nikkei 400 constituents, 2017translated these documents (table 9, figure 9).
Instead of translating this information as an extraordinary report, some companies presented thisinformation as a table on the general meeting of shareholders section of their investor relations website
showing the approval rate and results of resolutions for each proposal (MinebeaMitsumi Inc. and SoftBank
Group Corp.). We have counted these companies as translating the results of the exercise of voting rights(extraordinary report).
Looking at the proportion of companies translating extraordinary reports regarding the results of theexercise of voting rights by the proportion of foreign shareholders, 1) 8.7% of companies with up to 10%
foreign shareholders translated these documents, 2) 10.7% of companies with 10-20% foreign shareholders,
3) 22.8% of companies with 20-30% foreign shareholders, and 4) 33.1% of companies with more than 30%
foreign shareholders. There has thus been a significant increase in the proportion of companies with morethan 30% foreign shareholders translating these documents, with one in three companies translating these
documents in 2017 (table 10, figure 10).
In terms of industries, 1) 28.6% of manufacturing companies, 2) 14.6% of service companies, and 3) 40.9%
of financial companies translate the results of the exercise of voting rights. As in 2015, the proportion ofcompanies in the financial industry providing translations is higher than that of other industries (table 11,
figure 11).
Table 9 Number of companies creating English translations of the results of the exercise of
voting rights (extraordinary reports)
2015
2017
With translation50(12.5%)
97(24.3%)
No translation
349(87.5%)
303(75.7%)

100%
75%

No translation

50%

With translation

25%
0%
2015

2017

Figure 9 Rate of English translation of results of exercise of voting rights (extraordinary
reports)
Table 10 Rate of English translation of results of exercise of voting rights (extraordinary
reports) by proportion of foreign shareholders
Proportion of foreign
2015
2017
shareholders
1) Up to 10%0/10(0.0%)

2/23(8.7%)

2) 10-20%

5/94(5.3%)

8/75(10.7%)

3) 20-30%

18/124(14.5%)

29/127(22.8%)

4) More than 30%

27/171(15.8%)

58/175(33.1%)

Total

50/399(12.5%)

97/400(24.3%)

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

100%
75%

2015
2017

50%
25%
0%
1) Up to10%2) 10-20%

3) 20-30% 4) More than30%

Figure 10 Rate of English translation of results of exercise of voting rights (extraordinary
reports) by proportion of foreign shareholders
Table 11 English translation of results of exercise of voting rights (extraordinary reports) byindustry
Industry

2015

2017

1) Manufacturing

23/193(11.9%)

55/192(28.6%)

2) Service

18/163(11.0%)

24/164(14.6%)

3) Financial

9/43(20.9%)

18/44(40.9%)

Total

50/399(12.5%)

97/400(24.3%)

100%
75%
50%
25%
0%

Figure 11
industry

2015
2017

English translation of results of exercise of voting rights (extraordinary reports) by

5．Financial results (kessan tanshin)
Rate of English translation
Out of 400 JPX-Nikkei 400 constituents, 329 companies translate their financial results (kessan tanshin),or 82.3%, a small increase from 81.0% in 2015. In 2015, more companies translated their financial results
than any other type of disclosure document, but in 2017, more companies translated their proxy statement(88.0%) (table 12, figure 12 and table 1, figure 1).
The Tokyo Stock Exchange has been providing a “Company Announcements Distribution Service inEnglish” since 2011, but we have not counted use of this service as having a translation of financial results
because English-language versions created with this service are presented as a list of numbers, etc. fromthe summary information, and are more difficult to read than the original summary information.
As in 2015, the proportion of companies translating financial results is higher for companies with a higher
proportion of foreign shareholders, with 1) 60.9% of companies with up to 10% foreign shareholders, 2)
72.0% of companies with 10-20% foreign shareholders, 3) 82.7% of companies with 20-30% foreign
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English-language disclosure by JPX-Nikkei 400 constituents, 2017

shareholders, and 4) 89.1% of companies with more than 30% foreign shareholders translating financial
results (table 13, figure 13).
In terms of industries, 1) 87.0% of manufacturing companies, 2) 75.6% of service companies, and 3) 86.4%
of financial companies translate their financial results. The proportion of companies translating theirfinancial results in the financial industry increased significantly in 2017, approaching a level similar to thatof the manufacturing industry (table 14, figure 14).
Table 12 Number of companies creating English translations of financial results
2015
2017
With translation
323(81.0%)
329(82.3%)
No translation76(19.0%)
71(17.7%)
100%
75%

No translation

50%

With translation

25%
0%
2015

2017

Figure 12 Rate of English translation of financial results
Table 13 Rate of English translation of financial results by proportion of foreign shareholders
Proportion of foreign
2015
2017
shareholders
1) Up to 10%

6/10(60.0%)

14/23(60.9%)

2) 10-20%

63/94(67.0%)

54/75(72.0%)

3) 20-30%

100/124 (80.7%)

105/127 (82.7%)

4) More than 30%

154/171 (90.1%)

156/175 (89.1%)

Total

323/399 (81.0%)

329/400 (82.3%)

100%
75%

2015
2017

50%
25%
0%
1) Up to10%2) 10-20% 3) 20-30%

4) Morethan 30%

Figure 13 Rate of English translation of financial results by proportion of foreign shareholders

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 14 English translations of financial results by industry
Industry

2015

2017

1) Manufacturing

165/193 (85.5%)

167/192 (87.0%)

2) Service

124/163 (76.1%)

124/164 (75.6%)

3) Financial

34/43

38/44

Total

323/399 (81.0%)

100%
75%
50%
25%
0%

Figure 14(79.1%)(86.4%)

329/400 (82.3%)

2015
2017

English translations of financial results by industry

Frequency of translation
We researched the frequency of translation of financial results based on four categories: 1) quarterly, 2)
year-end and first half, 3) year-end only, and 4) from the first quarter to the third quarter only (table 15,
figure 15). Of 329 companies providing English translations of their financial results, almost all (322companies or 97.6%) do so on a quarterly basis, as in 2015.
Table 15 Frequency of translation of financial results
2015(% of 323 companies withEnglish translations)
1) Quarterly
318(98.5%)
2) Year-end and first half
3
(0.9%)
3) Year-end only2
(0.6%)
4) First quarter through third0(0%)
quarter only

2017(% of 329 companies withEnglish translations)322(97.6%)
4(1.2%)
2(0.9%)
1(0.3%)

100%
4) First quarter through third quarter only
75%3) Year-end only

50%

2) Year-end and first half25%1) Quarterly

0%
2015

Figure 15

2017Frequency of translation of financial results

Scope of English translation
We researched the scope of English translation of year-end financial results based on five categories: 1) full
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English-language disclosure by JPX-Nikkei 400 constituents, 2017translation, 2) summary information and financial statements, 3) financial statements only, 4) summary
information only, and 5) other (table 16, graph 16). One company created translations for each quarter
except year-end (Stanley Electric Co., Ltd.), leaving us with 328 companies to analyze. Of these 328
companies, about half (160; 48.8%) provide a full translation. There are a certain number of companies thatprovide translations of summary information and financial statements, financial statements only, or
summary information only, although the proportion of companies was less than 10% for each of thesecategories. Many companies (129; 39.3%) are classed as “other,” but classification is difficult owing tocompanies’ flexible approach to translation, such as companies that only omit qualitative information, andcompanies that omit the notes to financial statements but not segment information.
There are also many companies that provide a different scope of translation for year-end and quarterly
financial results, such as companies that provide a full translation at year-end, but only a partial translation
for quarterly releases. As a result, we also looked at the scope of English translation for quarterly financial
results based on the same five categories: 1) full translation, 2) summary information and financial
statements, 3) financial statements only, 4) summary information only, and 5) other (table 17, figure 17).
Of the 327 companies providing English translations of quarterly financial results, 183 companies (56.0%)
provided full translations, significantly higher than the proportion for year-end financial results (48.8%).
This may be partly due to the fact that companies are increasingly reducing the amount of Japanese text inquarterly financial results, meaning less work is required to create English translations.
Table 16 Scope of English translation of year-end financial results
2015
2017
(% of 323 companies with(% of 328 companies withEnglish translations)
English translations)
1) Full translation
153(47.4%)
160(48.8%)
2) Summary information and22(6.8%)
24(7.3%)
financial statements
3) Financial statements only4
(1.2%)
5(1.5%)
4) Summary information only
13
(4.0%)
10(3.1%)
5) Other131(40.6%)
129(39.3%)
100%5) Other75%4) Summary information only

50%3) Financial statements only

25%2) Summary information and financial statements
1) Full translation

0%
2015

Figure 16

2017

Scope of English translation of year-end financial results

Table 17 Scope of English translation of quarterly financial results
2017(% of 327 companies withEnglish translations)
1) Full translation
183(56.0%)
2) Summary information and26(8.0%)
financial statements
3) Financial statements only
3
(0.9%)
4) Summary information only
10
(3.0%)
5) Other105(32.1%)

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

1) Full translation
2) Summary information and financial statements
3) Financial statements only4) Summary information only5) Other

Figure 17

Scope of English translation of quarterly financial results

6．Presentation materials for earnings briefings
Rate of English translation
Out of all 400 JPX-Nikkei 400 constituents, 329 companies translate presentation materials for earnings
briefings, or 82.3%. Like proxy statements (88.0%) and financial results (82.3%), a high proportion ofcompanies translate this type of document (table 18, figure 18).
The proportion of companies translating presentation materials is higher for companies with a higher
proportion of foreign shareholders, with 1) 65.2% of companies with up to 10% foreign shareholders, 2)
81.3% of companies with 10-20% foreign shareholders, 3) 78.7% of companies with 20-30% foreign
shareholders, and 4) 87.4% of companies with more than 30% foreign shareholders translating presentationmaterials (table 19, figure 19).
In terms of industries, 1) 82.8% of manufacturing companies, 2) 79.4% of service companies, and 3) 93.2%
of financial companies translate presentation materials. The proportion of financial companies translatingthese materials was already high in 2015, but has still increased significantly in 2017 (table 20, figure 20).
Table 18 Number of companies creating English translations of earnings briefing presentationmaterials
2015
2017
With translation
312(78.2%)
329(82.3%)
No translation
87(21.8%)
71(17.7%)

100%
75%

No translation

50%

With translation

25%
0%
2015

2017

Figure 18 Rate of English translation of earnings briefing presentation materials

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 19 Rate of English translation of earnings briefing presentation materials by proportionof foreign shareholders
Proportion of foreign
2015
2017
shareholders
1) Up to 10%

7/10(70.0%)

15/23(65.2%)

2) 10-20%

70/94(74.5%)

61/75(81.3%)

3) 20-30%

92/124(74.2%)

100/127 (78.7%)

4) More than 30%

143/171 (83.6%)

153/175 (87.4%)

Total

312/399 (78.2%)

329/400 (82.3%)

100%
2015
2017

75%
50%
25%
0%
1) Up to10%2) 10-20%

3) 20-30% 4) More than30%

Figure 19 Rate of English translation of earnings briefing presentation materials by proportionof foreign shareholders
Table 20 English translations of earnings briefing presentation materials by industry
Industry

2015

2017

1) Manufacturing

154/193 (79.8%)

159/192 (82.8%)

2) Service

122/163 (74.9%)

129/164 (79.4%)

3) Financial

36/43

41/44

Total

312/399 (78.2%)(83.7%)(93.2%)

329/400 (82.3%)

100%
75%

2015

50%

2017

25%
0%

Figure 20

English translations of earnings briefing presentation materials by industry

Frequency of translation
We researched the frequency of translation of presentation materials for earnings briefings based on three
categories, 1) quarterly, 2) year-end and first half, and 3) year-end only. Of 329 companies providing
English translations, 246 (74.8%) do so on a quarterly basis (table 21, figure 21). Additionally, 75

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

companies provide Japanese-language presentation materials twice yearly, at year-end and the end of thefirst half, and of these 72 companies (96%) provide English translations twice yearly, while only threecompanies (4%) provide translations only at year-end.
Table 21 Frequency of translation of earnings briefing presentation materials
2017
2015
(% of 329 companies with(% of 312 companies withEnglish translations)
English translations)
1) Quarterly
213(68.3%)
246(74.8%)
2) Year-end and first half
92
(29.5%)
76(23.1%)
3) Year-end only
7
(2.2%)
7(2.1%)
100%
3) Year-end only

75%

2) Year-end and first half50%1) Quarterly

25%
0%
2015

Figure 21

2017Frequency of translation of earnings briefing presentation materials

7．Duplication of information between documents and scope of disclosure
There is some duplication of content between the business report and financial statements in proxystatements for annual general meetings and financial results (kessan tanshin), so some companies translate
the financial results, which are disclosed sooner and are focused on more by investors, and omit the business
report and financial statements in proxy statements. In fact, SEC regulations require foreign companies
listed in the US to translate information provided to shareholders into English and file it with EDGAR, butsome Japanese companies listed in the US omit the translation of the business report, perhaps because theinformation is the same as that in financial results. Of the 165 companies that only translate the particulars
and reference documents for proxy statements, 124 (75.2%) translate their financial results, and some ofthese may consider the translation of financial results as a replacement for the translation of the business
report and financial statements.
Still, translating financial results does not cover all the important information in the business report andfinancial statements because the business report contains important information that is not usually includedin financial results, such as information on officers, shareholders, subsidiaries, borrowing, and shares, andthe notes to financial statements in financial results often have less information than notes to financial
statements covered by the Companies Act. In recent years, companies have also been reducing theinformation in financial results in order to meet the demand for early disclosure, creating a more significant
difference in the information contained in the financial results and the business report and financial
statements. As a result, companies must check that there are no omissions in the scope of information
covered by translations of proxy statements and financial results.

8．English translation of each type of document
If we arrange the five types of disclosure document in order of the proportion of companies translating theminto English, the order would be as follows: 1) proxy statements 88.0%, 2) and 3) financial results (kessan
tanshin) and earnings briefing and presentation materials, 82.3% each, 4) notices of resolutions, 48.0%, and5) results of the exercise of voting rights (extraordinary reports), 24.3% (table 22, figure 22). Comparedwith 2015, it appears companies’ focus has shifted from financial results and presentation materials, whichwww.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

formerly played a central role in companies’ investor relations activities, to more corporate governancerelated documents, with significant increases of 19.8% and 11.8% in the proportion of companies
translating their proxy statements and results of the exercise of voting rights, respectively.
Table 22 English translation by type of disclosure document
20151) Proxy statement272(68.2%)
2) Notice of resolutions
186(46.6%)
3) Results of the exercise of
voting rights (extraordinary50(12.5%)
report)4) Financial results
323(81.0%)
5) Presentation materials for
312(78.2%)
earnings briefings

352
192

2017
(88.0%)(48.0%)

97(24.3%)

329(82.3%)

329(82.3%)

1) Convocation notice2) Notice of resolutions

20173) Results of the exercise of voting rights (extraordinary report)

20154) Financial results
5) Presentation materials for earnings briefings

0%

25%

50%

75%

100%

Figure 22 Rate of English translation by type of disclosure document[%]

If we compare the English translation of different types of disclosure document by the proportion of foreign
shareholders, we see that the proportion of companies creating translations is higher for companies withmore foreign shareholders, for all types of disclosure document. We find a difference of 11.7pp in the
proportion of companies translating their proxy statements between companies with a high proportion offoreign shareholders and companies with a low proportion of foreign shareholders. This is the smallest
difference between companies with high and low proportions of foreign shareholders for any of the different
types of disclosure document, and is notable for the fact that it has narrowed significantly from 2015, when
the difference was 46.6pp. It appears this change has been partly driven by companies’ recognition of thenecessity of providing information on proposals directly to investors overseas, in addition to market
participants’ increasing focus on corporate governance in recent years and shareholder voting
recommendations from voting service providers.
Financial results and presentation materials complement each other as highly time-sensitive disclosure
documents, and the same proportion of the 400 companies we looked at translated each of these types of
document (82.3%). Comparing these two types of document by the proportion of foreign shareholders,
however, we find that many companies with less than 20% foreign shareholders translate their presentationmaterials, whereas more companies with more than 20% foreign shareholders translate their financial
results. It appears companies with a relatively low proportion of foreign shareholders are focusing more on
their presentation materials, perhaps because they want to use their translations to explain their businessmodels, growth strategies, etc. to overseas investors, as this information is difficult to include in financial
results releases.

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 23 English translation by proportion of foreign shareholders
Results of theexercise of
Proportion of foreign
Proxy
Notice ofvoting rights
shareholders
statement
resolutions(extraordinary
report)1) Up to 10% (2319 (82.6%)
7 (30.4%)
2 (8.7%)companies)2) 10-20% (75
60 (80.0%)
16 (21.3%)
8 (10.7%)
companies)
3) 20-30% (127108 (85.0%)
54 (42.5%)
29 (22.8%)
companies)
4) More than 30% (175165 (94.3%)
115 (65.7%)
58 (33.1%)
companies)
Total

352 (88.0%)

192 (48.0%)

97 (24.3%)

Financialresults

Earnings
briefing
presentationmaterials

14 (60.9%)

15 (65.2%)

53 (72.0%)

61 (81.3%)

105 (82.7%)

100 (78.7%)

156 (89.1%)

153 (87.4%)

329 (82.3%)

329 (82.3%)

Proxy statement

1) Up to 10% (23 companies)
Notice of resolutions2) 10-20% (75 companies)

Results of the exercise of
voting rights (extraordinary
report)3) 20-30% (127 companies)
4) More than 30% (175 companies)

Financial results
Earnings briefing
presentation materials

0%

Figure 23

25%

50%

75%

100%

English translation by proportion of foreign shareholders

If we compare the English of different types of disclosure document by the three types of industry
classification (manufacturing, service, and financial), we see that the average proportion of companies
providing translations across these five types of document is highest in the financial industry (73.2%),
followed by the manufacturing industry (69.5%), then the service industry (57.6%). Companies in thefinancial industry may be actively focusing on translations of disclosure documents because they
themselves are often investors, and it is particularly notable that the proportion of companies translating
extraordinary reports on the results of the exercise of voting rights is high, whereas it is low in otherindustries. The proportion of companies in the manufacturing industry providing translations is relatively
high compared with the service industry. This may be because many Japanese manufacturing companies
operate businesses overseas and there is little resistance to English-language disclosure, whereas many
companies in the service industry only operate domestic businesses, and there is no department or manager
responsible for English language disclosure, meaning there tend to be greater barriers to English-language
disclosure (table 24, figure 24).

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

Table 24 English translation by industry
Industry1) Manufacturing (192companies)
2) Service (164companies)
3) Financial (44companies)
Total

Proxy
statement

Notice ofresolutions

Results of theexercise of
voting rights(extraordinary
report)178 (92.7%)

108 (56.3%)

55 (28.6%)

167 (87.0%)

159 (82.8%)

133 (81.1%)

61 (37.2%)

24 (14.6%)

124 (75.6%)

129 (79.4%)

41 (93.2%)

23 (52.3%)

18 (40.9%)

38 (86.4%)

41 (93.2%)

352 (88.0%)

192 (48.0%)

97 (24.3%)

329 (82.3%)

329 (82.3%)

Financialresults

Earnings
briefing
presentationmaterials

Proxy statement

1) Manufacturing (192 companies)

Notice of resolutions

2) Service (164 companies)

Results of the exercise of voting
rights (extraordinary report)

3) Financial (44 companies)

Financial results
Earnings briefing presentationmaterials

0%

Figure 24

25%

50%

75%

100%

English translation by industry

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English-language disclosure by JPX-Nikkei 400 constituents, 2017

International Disclosure Services Corporation
International Disclosure Services Corporation specializes in supporting the disclosure of information for investors
overseas, providing disclosure document translation services, research, and consulting services related to Englishlanguage disclosure. Inquiries related to this report and our services may be submitted through our website.
International Disclosure Services Corporation
FORECAST SHINJUKU AVENUE 6F
2-5-12 Shinjuku, Shinjuku-ku, Tokyo 160-0022, Japan
Tel: +81-3-5363-5223
https://www.ids-corp.co.jp/
Updated February 7, 2019www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

18/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

Nippon Suisan Kaisha, Ltd.

1332

Resolutions

Fishery, Agriculture &Forestry

32

Scope

M ap

×

×

Y/N

Frequency

Scope (Year-end)

Scope (Quarterly)×○ Quarterly

Other

Full translation○×○ Quarterly

Full translation

Full translation

×

×

×

INPEX CORPORATION

1605 Mining

42.9○ Full translation

HAZAMA ANDO CORPORATION

1719 Construction

38.3

×
×

－

×

×

×

Particulars and reference
documents

×

×

×

×

○ Quarterly

Other

Other

TOKYU CONSTRUCTION CO., LTD.

1720 Construction

13.9

Particulars and reference○
documents

COMSYS Holdings Corporation

1721 Construction

16.7

○

TAISEI CORPORATION

1801 Construction

32.1○ Full translation

OBAYASHI CORPORATION

1802 Construction

37.8

○

SHIMIZU CORPORATIONHASEKO Corporation

1803 Construction
1808 Construction

22.9
45.5

KAJIMA CORPORATION

1812 Construction

28.5

Sumitomo Mitsui Construction Co., Ltd.

1821 Construction

15.8

Particulars and reference
documents

MAEDA CORPORATION

1824 Construction

26.8○ Full translation○ Other
Particulars and reference○
documents
Particulars and reference○
documents
×

TODA CORPORATION

1860 Construction

27.3

×

Kumagai Gumi Co.,Ltd.
DAITO TRUST CONSTRUCTION CO.,LTD.

1861 Construction
1878 Construction

28.8
56.2

NIPPO CORPORATION

1881 Construction

24.9

MAEDA ROAD CONSTRUCTION Co., Ltd.

1883 Construction

33.7

PENTA-OCEAN CONSTRUCTION CO., LTD.

1893 Construction

27.7

Sumitomo Forestry Co.,Ltd.

1911 Construction

22.7

DAIWA HOUSE INDUSTRY CO.,LTD.

1925 Construction

34.9

Sekisui House,Ltd.

1928 Construction

29.5○ Other○ Other
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents○ Other
Particulars and reference○
documents○ Full translation

KYOWA EXEO CORPORATION

1951 Construction

24.3

○

Kyudenko Corporation

1959 Construction

20.5

○

mixi, Inc.

2121 Services

Nihon M&A Center Inc.

2127 Services

PERSOL HOLDINGS CO., LTD.

○

42.9

35.1

×

○

○

×

○ Quarterly

Other

Other

○

○

×

○ Quarterly

Other

Other

×
×

×
○

×
○

×
×

○ Quarterly
×

Other

Other

×

○

○

×

○ Quarterly

Other

Other

×

○

×

×

×

×

×

×

×

×

○ Quarterly

Other

Other

Other
Other

Other
Other

×
×

○
×

×
○

×
×

○ Quarterly○ Quarterly

×

－

○

×

×

Quarterly

Quarterly×Year-end○ and firsthalf×○ Quarterly

Year-end
and first
half
Quarterly×××○ Quarterly

Full translation

Full translation

×

○

×

○ Quarterly

Other

Other

○

×

○

○

○

○ Quarterly

Full translation

Full translation

Year-endonly○ Quarterly

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

×

○

○

×

○ Quarterly

Full translation○ Quarterly

Quarterly

Particulars and reference
documents

×

×

×

×

○

Full translation
Summary
information andfinancialstatements

Year-end○ and firsthalfYear-end
and first
half

Particulars and reference
documents

×

×

×

×

×

×

×

○ Quarterly

Other

Other

Particulars and reference○
documents

×

×

×

×

×

○

Particulars and reference
documents

Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents

Year-end
only

×

×

×

×

○ Quarterly

Other

Other

×

×

×

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

×

×

×

×

×

×

○

○

×

○ Quarterly

Full translation

Full translation

×

×

Other
Summary
information andfinancialstatements

Other
Summary
information andfinancialstatements
Summary
information andfinancialstatements
Summary
information andfinancialstatements
Full translation
Summary
information only
Other

25.1

○

NH Foods Ltd.

2282 Foods

32.1○ Full translation○×○ Quarterly

NS Solutions Corporation

2327

14.3

×

×

×

○ Quarterly

SOHGO SECURITY SERVICES CO., LTD.

2331 Services

18.6

×

×

×

○ Quarterly

Full translation

2337 Real Estate

71.4○ Full translation

×

○

×

×

○ Quarterly

Other

Kakaku.com,Inc.

2371 Services

39.1

×

○

×

×

○ Quarterly

Full translation

DIP Corporation

2379 Services

22.9

×

×

×

×

○ Quarterly

Full translation

M3,Inc.

2413 Services

××○ Quarterly

Other

DeNA Co.,Ltd.

2432 Services○

×○ Quarterly

2502 Foods
2503 Foods
2587 Foods

26.6
32.7
25.2

Lawson,Inc.

2651 Retail Trade

20.2○ Full translation

×

Full translation

Full translation

Full translation

Financialstatements only
Other
Full translation
Full translation

Financialstatements only
Other
Full translation
Full translation

×

○

×

×

○ Quarterly

×
×
×

○
×
×

×
○
○

○
○
×

○ Quarterly○ Quarterly○ Quarterly

×

×

×

×

○ Quarterly

Full translation

Full translation
Summary
information andfinancialstatements

ABC-MART,INC.

2670 Retail Trade

22.9

○

Particulars and reference
documents

×

－

×

×

○ Quarterly

Summary
information andfinancialstatements

Adastria Co., Ltd.

2685 Retail Trade

22.7

○

Particulars and reference
documents

×

×

×

×

○ Quarterly

Full translation

Full translation

Sojitz Corporation
Seria Co., Ltd.

2768 Wholesale Trade2782 Retail Trade

45.7
30.5

○ Full translation
×

○

○

○
×

○
×

○ Quarterly
×

Other

Other

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Full translation

KIKKOMAN CORPORATION

2801 Foods

14.6○ Other

Ajinomoto Co.,Inc.

2802 Foods

27.3

Kewpie Corporation

2809 Foods

9.1

×

○

×

×

○ Full translation

×○ Other×

Particulars and reference
documents
Particulars and reference
documents

NICHIREI CORPORATION

2871 Foods

19.1

○

TOYO SUISAN KAISHA,LTD.

2875 Foods

43.9

○

NISSIN FOODS HOLDINGS CO.,LTD.

2897 Foods

16.4○ Full translationwww.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

××○ Quarterly

Quarterly

×

Ichigo Inc.

Asahi Group Holdings,Ltd.
Kirin Holdings Company,Limited
Suntory Beverage & Food Limited

Quarterly○ Quarterly

2269 Foods

15.7○ Quarterly×

Meiji Holdings Co.,Ltd.

2433 Services

Quarterly○

29.5

HAKUHODO DY HOLDINGS INCORPORATED

Quarterly

××

Quarterly○ Quarterly

×

2267 Foods○ Full translation
Particulars and reference○
documents
×Particulars and reference○
documents
Particulars and reference○
documents○ Full translation○ Full translation○ Full translation

Quarterly○ Quarterly

Summary
information andfinancialstatements

YAKULT HONSHA CO.,LTD.

Particulars and reference
documents

Quarterly

×

18.1

28.9

○ Quarterly

○

45.7

2784 Wholesale Trade

Year-end
and first
half
Quarterly
Year-end
and first
half×2206 Foods

Alfresa Holdings Corporation

Year-end○ and firsthalf○ Quarterly
Year-end○ and firsthalf×○ Quarterly×2229 Foods

29

Year-end
and first
halfYear-end
and first
half×

CALBEE,Inc.

‐

Year-end○ and firsthalfYear-end○ and firsthalf×Frequency(Japanese)×

Ezaki Glico Co., Ltd.

Information &Communication

Frequency(English)

Y/N

×

×

×

‐

2181 Services

×

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rights

Other

Other

Year-end○ and firsthalf○ Quarterly

Year-end
and first
half
Quarterly○ Quarterly

Quarterly

Year-end○ and firsthalfYear-end
and first
half○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly○ Quarterly○ Quarterly
Year-end○ and first
half

Quarterly
Quarterly
Quarterly
Year-end
and first
half×Year-end○ and firsthalf○ Quarterly
×

Quarterly
Quarterly○ Quarterly

Quarterly

Year-end○ and firsthalfYear-end○ and firsthalfYear-end○ and firsthalfYear-end
and first
halfYear-end
and first
halfYear-end
and first
half
Quarterly××○ Quarterly

○

×

×

○ Quarterly

Full translation

Full translation

○

○

×

○ Quarterly

Other

Other

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

×

×

×

×

○ Quarterly

Other

Full translation

×

×

○

○

×

○ Quarterly

Other

Other

Year-end○ and firsthalfYear-end
and first
half

19/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

JT

2914 Foods

30.9

Hulic Co.,Ltd.

3003 Real Estate

16.6

Scope

Kobebussan Co., Ltd.

3038 Wholesale Trade

2.9

×3048 Retail Trade

7.1○

MonotaRO Co.,Ltd.

3064 Retail Trade

77.5

×

Particulars and reference
documents

J.FRONT RETAILING Co.,Ltd.

3086 Retail Trade

19.7○ Full translation

Matsumotokiyoshi Holdings Co.,Ltd.

3088 Retail Trade

35.8

○

START TODAY CO.,LTD.

41.6
11.2

WELCIA HOLDINGS CO.,LTD.

3092 Retail Trade
Transportation
3116
Equipment
3141 Retail Trade

15.8

M ap

○ Full translation
Particulars and reference○
documents

BICCAMERA INC.

TOYOTA BOSHOKU CORPORATION

Resolutions

Particulars and reference
documents○ Other
Particulars and reference○
documents
×

CREATE SD HOLDINGS.CO., LTD

3148 Retail Trade

20.3

×

Nomura Real Estate Holdings,Inc.

3231 Real Estate

33.1

Pressance Corporation Co., Ltd.

3254 Real Estate

29.6

OPENHOUSE CO., LTD.

3288 Real Estate

27.4

Tokyu Fudosan Holdings Corporation

3289 Real Estate

26.6○ Full translation
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents

Iida Group Holdings Co.,Ltd.

3291 Real Estate

21.1

3349 Retail Trade

28.1

×

SHIP HEALTHCARE HOLDINGS,INC.

3360 Wholesale Trade

42.2

○

Seven & I Holdings Co.,Ltd.

3382 Retail Trade

34.7

TSURUHA HOLDINGS INC.

3391 Retail Trade

44.6

TEIJIN LIMITEDTORAY INDUSTRIES,INC.

3401 Textiles and Apparels
3402 Textiles and Apparels

35.9
28.9

Particulars and reference
documents
Full translation except○
auditor's report
Particulars and reference○
documents○ Other○ Full translation

Y/N

Frequency

Scope (Year-end)

Scope (Quarterly)

Y/NFrequency(English)Frequency(Japanese)

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

Year-end
× and firsthalfYear-end○ and firsthalfYear-end
and first
half

×

○

×

×

×

×

×

○ Quarterly

Other

Other

×

×

○ Quarterly

Other

Summary
information andfinancialstatements○ Quarterly

Quarterly

Full translation

Year-end○ and firsthalfYear-end
and first
half

×

○

×

×

○ Quarterly

×

×

×

×

×

×

×

－

○

×

×

○ Quarterly

×

×

×

×

○ Quarterly

×

×

×

Other

Other

Quarterly

Other○ Quarterly

Quarterly
Quarterly
Year-end
and first
half
Quarterly

×

×

×

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly
Year-end○ and firsthalf○ Quarterly

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

×

○

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

×

×

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly××○ Quarterly

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Quarterly

Quarterly

×

COSMOS Pharmaceutical Corporation

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rights

×

×

×

×

×

×

×

○ Quarterly

Other

Full translation

×
×

×

○

×

×

○ Quarterly

Other

Other

○ Quarterly

×

×

×

×

○ Quarterly

Other

Full translation

×

×
×

×
○

○
○

○
○

○ Quarterly○ Quarterly

Other
Other

Other
Other

○ Quarterly○ Quarterly
Year-end○ and firsthalf○ Quarterly
×

Quarterly
Quarterly
Year-end
and first
half
Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly
Quarterly

Quarterly

KURARAY CO.,LTD.

3405 Chemicals

34.5○ Other

×

×

○

×

○ Quarterly

Full translation

Full translation

ASAHI KASEI CORPORATION
KUSURI NO AOKI HOLDINGS CO., LTD.

3407 Chemicals
3549 Retail Trade
Information &3659
Communication
Information &3668
Communication
Information &3738
Communication
Information &3765
Communication

36.5
14.3

○ Other
×

×

○

○
×

×
×

○ Quarterly
×

Other

Other

90.8

○ Full translation

○

○

○

×

○ Quarterly

Full translation

Full translation

11.9○ Full translation

×

○

○

×

×

11.1

○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

9.5○ Full translation

×

－

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

Oji Holdings Corporation

3861 Pulp and Paper

23.2○ Full translation

×

○

×

×

○ Quarterly

Other

Other

Year-end○ and firsthalfYear-end
and first
half

Daio Paper Corporation

3880 Pulp and Paper

5.6

○

×

×

×

×

○ Quarterly

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Quarterly

Quarterly

Sumitomo Chemical Co., Ltd.

4005 Chemicals

33

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

Nissan Chemical Industries,Ltd.

4021 Chemicals

24.1

×

×

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

TOSOH CORPORATION

4042 Chemicals

32.3

×

○

○

×

×

×

Quarterly

Summary
information only

NEXON Co., Ltd.
COLOPL, Inc.
T-Gaia Corporation
GungHo Online Entertainment,Inc.

Particulars and reference
documents

Full translation except○
auditor's report
Particulars and reference○
documents
Particulars and reference○
documents

Year-end
and first
halfYear-end
and first
half
Quarterly

Denka Company Limited

4061 Chemicals

29.5○ Full translation

×

○

×

×

○ Quarterly

Summary
information only

Shin-Etsu Chemical Co.,Ltd.

4063 Chemicals

39.3○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation

AIR WATER INC.

4088 Chemicals

26.1

×

×

×

×

TAIYO NIPPON SANSO CORPORATION

4091 Chemicals

8.3

○

×

○

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

NIHON PARKERIZING CO.,LTD.

4095 Chemicals

23.3

×

×

×

○ Quarterly

Summary
information only

Summary
information only○

Year-end
only

Year-end
only

Kyowa Hakko Kirin Co.,Ltd.

4151 Pharmaceutical

12.5

○

×

×

×

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

MITSUBISHI GAS CHEMICAL COMPANY,
INC.

4182 Chemicals

33.6○ Full translation

×

×

○

×

○ Quarterly

Other

Other

Mitsui Chemicals, Inc.
JSR CORPORATION
Mitsubishi Chemical Holdings Corporation

4183 Chemicals
4185 Chemicals
4188 Chemicals

34.9
42.5
32.5

×
×
×

○
○
○

○
○
○

○
○
○

○ Quarterly○ Quarterly○ Quarterly

Other
Full translation
Other

Other
Full translation
Other

Year-end
and first
half
Quarterly
Quarterly
Quarterly

Daicel Corporation

4202 Chemicals

32.9

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

Sekisui Chemical Co.,Ltd.

4204 Chemicals

37.9

×

×

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

ZEON CORPORATION

4205 Chemicals

20.3○ Other○ Full translation○ Full translation
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents

Year-end○ and firsthalf○ Quarterly○ Quarterly○ Quarterly

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

Summary
information andfinancialstatements

Aica Kogyo Company,Limited

4206 Chemicals

26.1

×

Ube Industries,Ltd.

4208 Chemicals

31.7

○

Hitachi Chemical Company,Ltd.

4217 Chemicals

27.2

DaikyoNishikawa Corporation

4246 Chemicals

24.1

NIPPON KAYAKU CO.,LTD.

4272 Chemicals

15.9

Nomura Research Institute,Ltd.

4307

NOF CORPORATION

4403 Chemicals

Information &Communication

25.7
22.9

Particulars and reference
documents

Particulars and reference
documents

Particulars and reference
documents
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents○

Particulars and reference
documents

www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

×Year-end○ and first
half
×

×

×

○ Quarterly

Summary
information andfinancialstatements

×Year-end
and first
half

×

○

○

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

○

○

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

－

×

×

○ Quarterly

Summary
information only

Summary
information only×Year-end
only

×

○

○

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

×

×

×

×

Year-end
and first
half

20/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Resolutions

Foreign shareholders
(%)

Y/N

Scope

Kao Corporation
Takeda Pharmaceutical Company Limited
Astellas Pharma Inc.
Sumitomo Dainippon Pharma Co., Ltd.
Shionogi & Co.,Ltd.
Mitsubishi Tanabe Pharma Corporation
CHUGAI PHARMACEUTICAL CO.,LTD.

4452 Chemicals
4502 Pharmaceutical4503 Pharmaceutical4506 Pharmaceutical
4507 Pharmaceutical4508 Pharmaceutical
4519 Pharmaceutical

43.9
29.3
49.2
12.8
39.3
18.7
76.5

○ Other○ Full translation○ Full translation○ Full translation○ Full translation○ Other○ Full translation

KAKEN PHARMACEUTICAL CO.,LTD.

4521 Pharmaceutical

26.5

○

Eisai Co.,Ltd.

4523 Pharmaceutical

27.4

ONO PHARMACEUTICAL CO.,LTD.

4528 Pharmaceutical

21.5○ Full translation
Particulars and reference○
documents
Particulars and reference○
documents○ Other

HISAMITSU PHARMACEUTICAL CO.,INC.

4530 Pharmaceutical

11.8

SANTEN PHARMACEUTICAL CO.,LTD.

4536 Pharmaceutical

43.2
36.8

M ap

Particulars and reference
documents

Particulars and reference○
documents

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rightsY/N

Frequency

×
×
×
×
×
×
×

×
○
○
○
○
×
×

○
○
○
×
○
○
○

○
○
○
×
○
○
○

○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly

×

－

×

×

○ Quarterly

Scope (Year-end)

Scope (Quarterly)

×

○

○

○

○ Quarterly

Full translation
Full translation
Other
Full translation
Full translation
Full translation
Full translation
Summary
information andfinancialstatements
Full translation

×

×

○

×

○ Quarterly

Other

Other

×

－

×

×

×

×

×

○

○

○ Quarterly

Other

Other

×

×

○

×

○ Quarterly

Other

Other

×

×

○

○ Quarterly

Other

Other

×

○

×

×

×

×
×

○
○

○
×

○
×

○ Quarterly○ Quarterly

Full translation
Full translation

×

○

○

×

○ Quarterly

Full translation

×

×

×

×

×

Y/N

Frequency(English)Frequency(Japanese)

Full translation
Full translation
Other
Other
Full translation
Full translation
Full translation
Summary
information andfinancialstatements
Full translation○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly

Quarterly
Quarterly
Quarterly
Quarterly
Quarterly
Quarterly
Quarterly×Year-end
and first
half○ Quarterly

Quarterly×○ Quarterly

Quarterly○ Quarterly
Year-end○ and first
half

Quarterly
Year-end
and first
half○ Quarterly

Quarterly○ Quarterly

Quarterly

Full translation
Full translation○ Quarterly○ Quarterly

Quarterly
Quarterly

Full translation○ Quarterly

Quarterly
Year-end
and first
half
Quarterly
Year-end
and first
halfYear-end
and first
half
Quarterly

TSUMURA & CO.

4540 Pharmaceutical

TERUMO CORPORATION

4543 Precision Instruments

SAWAI PHARMACEUTICAL CO.,LTD.

4555 Pharmaceutical

32.6

DAIICHI SANKYO COMPANY,LIMITED
Otsuka Holdings Co.,Ltd.

4568 Pharmaceutical
4578 Pharmaceutical

27.7
25.8

NIPPON PAINT HOLDINGS CO.,LTD.

4612 Chemicals

56.8

KANSAI PAINT CO.,LTD.

4613 Chemicals

30.1

○

DIC Corporation

4631 Chemicals

27.5○ Full translation

×

○

×

×

○ Quarterly

Other

Other

ORIENTAL LAND CO.,LTD.

4661 Services

9.7○

Particulars and reference
documents

×

×

○

×

○ Quarterly

Other

Full translation

×

×

○

×

○ Quarterly

Full translation

Full translation

××○ Quarterly

Other

Other

Year-end○ and firsthalf○ Quarterly
Year-end○ and firsthalfYear-end○ and firsthalf○ Quarterly

27

Full translation except
auditor's report
Particulars and reference○
documents○ Full translation○ Full translation
Particulars and reference○
documents○

Particulars and reference
documents

PARK24 Co.,Ltd.

4666 Real Estate

35.8

Particulars and reference○
documents

RESORTTRUST,INC.

4681 Services
Information &4684
Communication
Information &4689
Communication
Information &4704
Communication
Information &4716
Communication

19.6

×

OBIC Co.,Ltd.
Yahoo Japan Corporation
Trend Micro Incorporated
ORACLE CORPORATION JAPANUSS Co.,Ltd.

ITOCHU Techno-Solutions Corporation

4732 Services

4739

Information &Communication

35.1
47

Particulars and reference○
documents
Particulars and reference○
documents

×

×

×

×

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

×
Quarterly

Full translation

Full translation○ Quarterly

Quarterly

49.9○ Full translation

×

○

×

×

○ Quarterly

88.3○ Full translation

×

○

×

×

○ Quarterly

Full translation

Full translation○

Year-end
only

Year-endonly○ Quarterly

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Quarterly

Quarterly

Quarterly

36.2

15.7

○

○

Full translation except
auditor's report
Particulars and reference
documents

CyberAgent,Inc.

4751 Services

52.3

Rakuten,Inc.

4755 Services

36.1

Particulars and reference○
documents○ OtherOTSUKA CORPORATION

4768

Information &Communication

27.3

×

KONICA MINOLTA,INC.
Shiseido Company,Limited

4902 Electric Appliances
4911 Chemicals

37.3
37.3

Lion Corporation

4912 Chemicals

25.6○ Full translation○ Full translation
Particulars and reference○
documents

KOSÉ Corporation

4922 Chemicals

36○

Ci:z Holdings Co., Ltd.

4924 Chemicals

32.7

×

KOBAYASHI PHARMACEUTICAL CO.,LTD.

4967 Chemicals

21.7○ Other

Particulars and reference
documents

The Yokohama Rubber Company,Limited

5101 Rubber Products

18

Toyo Tire & Rubber Co.,Ltd.

5105 Rubber Products

38.2

BRIDGESTONE CORPORATION

5108 Rubber Products

29.6

Sumitomo Rubber Industries,Ltd.

5110 Rubber Products
Glass and Ceramics
5201
Products

32.5

Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents○ Full translation

27.5○ Full translation

Asahi Glass Company,Limited

×Particulars and reference
documents

△

○

×

×

×

○

×

×

○ Quarterly

Full translation

Full translation

Year-end○ and first
half

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

○

○

○ Quarterly○ Quarterly

Quarterly××○ Quarterly

Full translation
Summary
information andfinancialstatements
Full translation
Full translation○ Quarterly

Quarterly○ Quarterly○ Quarterly

Quarterly
Quarterly

×
×

○
×

○
○

○
○

○ Quarterly○ Quarterly

Other
Summary
information andfinancialstatements
Full translation
Full translation

×

○

○

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Full translation

Full translation

Year-end○ and firsthalfYear-end
and first
half

×

×

○ Quarterly

Summary
information andfinancialstatements

Full translation○ Quarterly

Quarterly○ Quarterly

Other

Full translation

Year-end○ and firsthalfYear-end
and first
half

×

×

×

×

×

×

×

×

×

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

×

×

×

×

○

Other

×

×

×

○

×

○ Quarterly

Other

Year-end○ and firsthalf○ Quarterly

Quarterly

Year-end○ and firsthalfYear-end○ and firsthalfYear-end
and first
halfYear-end
and first
half×

Sumitomo Osaka Cement Co., Ltd.

5232

Glass and Ceramics
Products

34.2○

Year-end
Other
and first half

TAIHEIYO CEMENT CORPORATION

5233

Glass and Ceramics
Products

39.2○ Full translation

TOTO LTD.

5332

Glass and Ceramics
Products

23.6○

Particulars and reference
documents

×

○

○

○

○ Quarterly

Full translation

Full translation

NGK INSULATORS, LTD.

Glass and Ceramics
5333
Products

26.1○

Particulars and reference
documents

×

×

×

×

○ Quarterly

Full translation

Other

NGK SPARK PLUG CO., LTD.

5334

Glass and Ceramics
Products

32.4○

Particulars and reference
documents

Other

Quarterly
Year-end
and first
halfYear-end
and first
half

×

×

○

×

○ Quarterly

Other

Other

NIPPON STEEL & SUMITOMO METALCORPORATION
JFE Holdings,Inc.
TOKYO STEEL CO., LTD.
Hitachi Metals,Ltd.

5401 Iron and Steel

24.4○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

5411 Iron and Steel
5423 Iron and Steel
5486 Iron and Steel

28
31.3
23.9

○ Full translation
×○ Full translation×○○ Quarterly
×○ Quarterly

Full translation

Full translation

Nippon Light Metal Holdings Company, Ltd.

5703 Nonferrous Metals

27.6

○

×

×

○

○

○ Quarterly

Summary
information only

Year-end○ and firsthalfYear-end
and first
half

Mitsubishi Materials Corporation

5711 Nonferrous Metals

26.9○ Other

×

×

○

×

○ Quarterly

Other

Other
Summary
information andfinancialstatements
Full translation○ Quarterly
×○ Quarterly

Quarterly

○

○
×
×

Full translation

×

○
×
×

Sumitomo Metal Mining Co.,Ltd.

5713 Nonferrous Metals

31.1

○

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly
Year-end○ and first
half

Quarterly
Year-end
and first
half

Particulars and reference
documents

Particulars and reference
documents

www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

Quarterly

21/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

DOWA HOLDINGS CO.,LTD.

5714 Nonferrous Metals

Sumitomo Electric Industries,Ltd.

5802 Nonferrous Metals

Sanwa Holdings Corporation

5929 Metal Products

34.1

RINNAI CORPORATION

5947 Metal Products

26.7

26.7

40

Scope

○

Particulars and reference
documents○ Full translation

28.9

○

AMADA HOLDINGS CO., LTD.

6113 Machinery

41.9

OSG Corporation

6136 Machinery

23.1

DMG MORI CO., LTD.

6141 Machinery

30.6

33.7

Transportation
Equipment

19.5

Particulars and reference
documents○

5991 Metal Products

6146 Machinery

M ap○ OtherNHK SPRING CO.,LTD.

DISCO CORPORATION

Resolutions

Particulars and reference
documents

×Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rightsY/N

Frequency○○×○ Quarterly

×

×

×

○

×

×

○

○

×

×

△

○

○

×

○ Quarterly

Scope (Year-end)

Scope (Quarterly)

Frequency(English)

Y/N

Year-end○ and firsthalfYear-end○ and firsthalfFrequency(Japanese)Year-end
and first
halfYear-end
and first
half

Other

Other

Full translation
Summary
information andfinancialstatements

Full translation
Summary
information andfinancialstatements○ Quarterly

Quarterly×Year-end
and first
half○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

○

×

○

○

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

○

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

－

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

Other

Summary
information andfinancialstatements○ Quarterly

Quarterly

Full translation

Full translation

Year-end○ and firsthalfYear-end
and first
halfYear-end
and first
half
Quarterly
Year-end
and first
half
Quarterly
Year-end
and first
half

Full translation except
auditor's report
Particulars and reference
documents
Particulars and reference○
documents○ Other

TOYOTA INDUSTRIES CORPORATION

6201

NuFlare Technology, Inc.

6256 Machinery

17○ Full translation○

Nabtesco Corporation

6268 Machinery

54

SMC CORPORATION

6273 Machinery

Komatsu Ltd.

6301 Machinery

SUMITOMO HEAVY INDUSTRIES,LTD.

6302 Machinery

41.6

○

Hitachi Construction Machinery Co.,Ltd.

6305 Machinery

16.2

△

－

×

×

○ Quarterly

×

○

○

×

○ Quarterly

×

－

○

×

×

○ Other

×

×

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

56.4○ Full translation

×

×

○

×

○ Quarterly

Full translation

Full translation○

46○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation

Full translation except
auditor's report

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly
Year-end○ and firsthalfParticulars and reference○
documents

×

○

×

×

○ Quarterly

Full translation

Full translation

Other

Particulars and reference
documents

×Year-endonly○ Quarterly

Quarterly
Year-end
and first
halfYear-end
and first
half
Quarterly

Harmonic Drive Systems Inc.

6324 Machinery

13.6

×

×

×

Year-end○
only

KUBOTA CORPORATION

6326 Machinery

39.5○ Full translation

×

×

○

○

○ Quarterly

Full translation

Full translation

EBARA CORPORATION

6361 Machinery39○ Full translation
Full translation except○
auditor's report
×
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents
×Particulars and reference○
documents
××
Particulars and reference○
documents

×

×

○

○

Full translation

×

×

○

○

Full translation○ Quarterly

Quarterly

×

×

Other
○ Quarterly
Year-end
Full translation○and first half
Other
○ Quarterly

Year-end○ and firsthalfYear-end○ and firsthalf○ Quarterly

Other○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly××○ Quarterly

Full translation

Full translation

×

○

○

○ Quarterly

Other

Other

○ Quarterly

×
×

×
×

×
×

DAIKIN INDUSTRIES,LTD.

6367 Machinery

36.2

TSUBAKIMOTO CHAIN CO.

6371 Machinery

18.5

Daifuku Co., Ltd.

6383 Machinery

33

TADANO LTD.

6395 Machinery

24

Heiwa Corporation

6412 Machinery

15.5

TAKEUCHI MFG. CO., LTD.

6432 Machinery

28.1

BROTHER INDUSTRIES,LTD.

6448 Electric Appliances

34.7

TPR CO.,LTD.
HOSHIZAKI CORPORATION

6463 Machinery
6465 Machinery

22.4
28.5

NSK Ltd.

6471 Machinery

25.2

JTEKT Corporation

6473 Machinery

20.3

○

Particulars and reference
documents

×

○

×

×

○

×

○ Quarterly

×

○

○

×

×

Quarterly

×
×
Other

Full translation○ Quarterly

Quarterly

Year-end○ and firsthalf○ Quarterly
Year-end○ and firsthalfYear-end
and first
half
Quarterly
Year-end
and first
halfYear-end○ and firsthalfYear-end
and first
half○ Quarterly
×○ Quarterly

Quarterly

MinebeaMitsumi Inc.

6479 Electric Appliances

37.3○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation

THK CO.,LTD.

6481 Machinery

48.1○ Full translation

×

○

○

×

○ Quarterly

Other

Full translation

EAGLE INDUSTRY CO., LTD.

6486 Machinery

23.4

○

×

－

×

×

○ Quarterly

Hitachi,Ltd.
Mitsubishi Electric Corporation
FUJI ELECTRIC CO.,LTD.

6501 Electric Appliances6503 Electric Appliances
6504 Electric Appliances

42.2
36.9
30

×
×
△

×
○
○

○
○
○

○
○
×

○ Quarterly○ Quarterly○ Quarterly

Summary
information andfinancialstatements
Other
Other
Other

YASKAWA Electric Corporation

6506 Electric Appliances

31.6○ Full translation○ Full translation○ Other
Particulars and reference○
documents

Summary
information andfinancialstatements
Other
Other
Other

×

×

×

×

○ Quarterly

Other

Other

Makita Corporation

6586 Machinery

40.6○ Full translation

×

×

○

×

○ Quarterly

Full translation

Full translation

NIDEC CORPORATIONOMRON Corporation
NEC Corporation
FUJITSU LIMITED
Renesas Electronics Corporation
SEIKO EPSON CORPORATION

6594 Electric Appliances
6645 Electric Appliances
6701 Electric Appliances
6702 Electric Appliances
6723 Electric Appliances
6724 Electric Appliances

34.7
47.4
48.9
1.1
30.2

○ Full translation○ Full translation○ Full translation○ Other○ Full translation○ Full translation

×
×
×
×
×
×

○
×
×
×
×
×

○
○
○
○
×
○

×
○
○
×
×
×

○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly○ Quarterly

ULVAC, Inc.

6728 Electric Appliances

40.4○ Other

×

×

×

×

○ Quarterly

Full translation
Full translation
Other
Full translation
Other
Full translation
Summary
information only

Full translation
Full translation
Other
Full translation
Full translation
Full translation
Summary
information only

ELECOM CO., LTD.

3750

Information &Communication
6752 Electric Appliances

×

×

×

×

×

Panasonic Corporation

32.6

×

×

○

×

○ Quarterly

Other

Other

FUJITSU GENERAL LIMITED6755 Electric Appliances

25.3

×

○

×

×

×

Hitachi Kokusai Electric Inc.

6756 Electric Appliances

20.8

×

○

×

×

○ Quarterly

Other

Other

×

×

×

×

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

×

×

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

○

○

×

×

○

×

×

×

×

×

×

×

×

×

○ Quarterly

Quarterly

×

○

×
○

×
○

×
○ Quarterly

Full translation

Full translation○ Quarterly○ Quarterly

Quarterly
Quarterly

×

×

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

×

×

○ Quarterly

Other

Other

×

×

○

○
×

×

○ Quarterly
×

Full translation

Full translation○ Quarterly
×

‐

1.3

Sony Corporation

6758 Electric Appliances

58

TDK Corporation

6762 Electric Appliances

36.4

ALPS ELECTRIC CO., LTD.

6770 Electric Appliances

41.8

Clarion Co., Ltd.

6796 Electric Appliances

14.4

HIROSE ELECTRIC CO.,LTD.

6806 Electric Appliances

43

Japan Aviation Electronics Industry, Limited
YOKOGAWA ELECTRIC CORPORATION

6807 Electric Appliances
6841 Electric Appliances

20.5
32.4

NIHON KOHDEN CORPORATION

6849 Electric Appliances

40.2

HORIBA,Ltd.

6856 Electric Appliances

33

ADVANTEST CORPORATIONKEYENCE CORPORATION

6857 Electric Appliances
6861 Electric Appliances

21.3
48.8

Particulars and reference
documents

Particulars and reference
documents○ Full translation
Particulars and reference○
documents○ Other
Particulars and reference○
documents○ Other
Particulars and reference○
documents
Particulars and reference○
documents
Particulars and reference○
documents
×○ Other
Particulars and reference○
documents
Particulars and reference○
documents○ Full translation×○

www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

Quarterly○ Quarterly

Quarterly

Year-end○ and firsthalf○ Quarterly○ Quarterly○ Quarterly○ Quarterly
×○ Quarterly

Year-end
and first
half
Quarterly
Quarterly
Quarterly
Quarterly
Quarterly×○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly×

Quarterly

22/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

Scope

SYSMEX CORPORATION

6869 Electric Appliances

40.1

○

Obara Group Inc.

6877 Electric Appliances

19.8

○

DENSO CORPORATION

6902

Transportation
Equipment

23.8○ Full translation

6923 Electric Appliances

37.5

○

CASIO COMPUTER CO.,LTD.

6952 Electric Appliances

16.8

FANUC CORPORATION
HAMAMATSU PHOTONICS K.K.
KYOCERA CORPORATION

6954 Electric Appliances
6965 Electric Appliances
6971 Electric Appliances

53.9
34.9
34

Murata Manufacturing Co.,Ltd.

6981 Electric Appliances

43.6

NITTO DENKO CORPORATION

6988 Chemicals

30.3

7011 MachineryTransportation
Equipment

29.3

Particulars and reference
documents

Particulars and reference
documents○ Other○ Other○ Full translation
Full translation except○
auditor's report
Full translation except○
auditor's report○ Full translation○

Kawasaki Heavy Industries,Ltd.

7012

Financial Products Group Co., Ltd.

Securities and7148
Commodities Futures

19.2

×

ZENKOKU HOSHO Co., Ltd.

7164

Other Financing
Business

35.3○ Other

Mebuki Financial Group, Inc.

7167 Banks

23.1

○

Tokyo Kiraboshi Financial Group, Inc.

7173 Banks

17.1

Kyushu Financial Group, Inc.

7180 Banks

14.5

Concordia Financial Group, Ltd.

NISSAN MOTOR CO.,LTD.
ISUZU MOTORS LIMITEDTOYOTA MOTOR CORPORATIONHINO MOTORS,LTD.
NISSIN KOGYO CO., LTD.
NOK CORPORATIONAISIN SEIKI CO.,LTD.
Mazda Motor Corporation
HONDA MOTOR CO.,LTD.
SUZUKI MOTOR CORPORATIONSUBARU CORPORATION
Yamaha Motor Co.,Ltd.

7186 Banks
Transportation
7201
Equipment
Transportation
7202
Equipment
Transportation
7203
Equipment
Transportation
7205
Equipment
Transportation
7230
Equipment
7240

Transportation
Equipment

23

M ap

Particulars and reference
documents
Particulars and reference
documents

Stanley Electric Co.,Ltd.

Mitsubishi Heavy Industries,Ltd.

Resolutions○ Full translation

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rightsY/N

Frequency

Scope (Year-end)

Scope (Quarterly)

Y/NFrequency(English)Frequency(Japanese)

Quarterly

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

×

×

×

×

○ Quarterly

Summary
information only

Summary
information only

×

○

×

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

○

×

○ Q1-Q3のみ

Other

Year-end○ and firsthalfYear-end
and first
half

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×
×
×

－
○
×

○
×
○

×
×
○

○ Quarterly○ Quarterly○ Quarterly

Full translation
Other
Full translation

Full translation
Other
Full translation○ Quarterly
×○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

×

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

Summary
information andfinancialstatements○ Quarterly

Quarterly

Full translation○ Quarterly

Quarterly××○ Quarterly

Summary
information andfinancialstatements

×

×

○

×

○ Quarterly

Full translation

Particulars and reference
documents

×

○

○

○

×

○

Particulars and reference
documents

×

×

×

×

○

○

Particulars and reference
documents

×

×

×

×

×

○ Quarterly

Quarterly

Year-end○ and first
half

Quarterly

Year-end
Full translationand first half

Full translation

Year-end
only

Year-end
and first
half

Summary
information andfinancialstatements○ Quarterly

Quarterly○

32.7○ Other

×

○

○

○

○ Quarterly

Summary
information andfinancialstatements

68.2○ Full translation

×

－

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

42.3○ Full translation

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

23.8○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

17.9

○

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

×

×

×

×

×

－

×

×

○ Quarterly

Full translation

Full translation

Year-end○ and firsthalfYear-end
and first
half
Quarterly

21.2

Particulars and reference
documents
Particulars and reference○
documents

×42.8○ Full translation

7259

22.2

○

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

7261

40.7

○ Full translation

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

40.1○ Full translation

×

×

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

33.3○ Full translation

33.9

○

Transportation
Equipment
Transportation
Equipment
Transportation
7267
Equipment
Transportation
7269
Equipment
Transportation
7270
Equipment
Transportation
7272
Equipment

Particulars and reference
documents

Particulars and reference
documents

×

○

○

×

○ Quarterly

Full translation

Other○ Quarterly

Quarterly

×

×

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

31○ Full translation

×

○

○

×

○ Quarterly

Full translation

Other○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Full translation

Full translation

Year-end○ and first
half

×

×

×

Year-end
and first
halfYear-end
and first
half

KOITO MANUFACTURING CO.,LTD.

7276 Electric Appliances

31.1○ Full translation

MITSUBA Corporation

7280 Electric Appliances

14.3

×

20.5

Particulars and reference○
documents

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

44.1○ Full translation

×

○

×

×

○ Quarterly

Full translation

Full translation

×

24.1

○

Particulars and reference
documents

×

×

×

×

○ Quarterly

Full translation

Full translation

××○ Quarterly

Full translation

Full translation

Particulars and reference
documents

×

○

×

×

×

TOYODA GOSEI CO.,LTD.
SHIMANO INC.

Quarterly

Transportation
7282
Equipment
Transportation
7309
Equipment

TS TECH CO.,LTD.

7313

Transportation
Equipment○

Year-end
only

Year-end○ and firsthalf×Year-end○ and first
half

Quarterly

Year-end
and first
half

Nojima Corporation

7419 Retail Trade

12.2

×

RYOHIN KEIKAKU CO.,LTD.

7453 Retail Trade

50.7

○

DAIICHIKOSHO CO.,LTD.

7458 Wholesale Trade

27

○

×

×

×

×

○ Quarterly

Other

Other

×

MEDIPAL HOLDINGS CORPORATION

7459 Wholesale Trade

28

○

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

Don Quijote Holdings Co.,Ltd.

7532 Retail Trade

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Quarterly

Quarterly

72.1

Particulars and reference
documents
Particulars and reference
documents
Particulars and reference○
documents

UNITED ARROWS LTD.

7606 Retail Trade

28○

SUGI HOLDINGS Co.,LTD.

7649 Retail Trade

35.2

×

SHIMADZU CORPORATION

7701 Precision Instruments

29.7

Olympus Corporation

7733 Precision Instruments

43.4

SCREEN Holdings Co., Ltd.

7735 Electric Appliances

24.8

HOYA CORPORATION

7741 Precision Instruments

61.6

ASAHI INTECC CO., LTD.

7747 Precision Instruments

32.1

CANON INC.
RICOH COMPANY,LTD.

7751 Electric Appliances
7752 Electric Appliances

BANDAI NAMCO Holdings Inc.

7832 Other Products

Particulars and reference
documents

24.5
35.7

Particulars and reference
documents○ Full translation
Particulars and reference○
documents○ Full translation
Particulars and reference○
documents○ Full translation○ Full translation

45.4○ Full translation○

Particulars and reference
documents
Particulars and reference
documents
Particulars and reference○
documents

×

×

×

×

○ Quarterly

×

×

×

Year-end
and first
half

×

×

○

○

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

○

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

○

×

×

○ Quarterly

Quarterly

○
×

○
×

○
○

×
○

○ Quarterly○ Quarterly

Full translation
Other

Full translation
Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly○ Quarterly
Year-end○ and first
half

Quarterly
Quarterly
Year-end
and first
half

PILOT CORPORATION

7846 Other Products

27

○

×

×

×

×

×

ASICS Corporation

7936 Other Products

39.7

○

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

Yamaha Corporation

7951 Other Products

24.3

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

×

23/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

PIGEON CORPORATION

7956 Other Products

Resolutions

49.4

Scope

M ap

Particulars and reference
documents

×Particulars and reference○
documents○ Full translation○ Full translation
Particulars and reference○
documents

×

○

×
○

○
○

×

×

Particulars and reference
documents

××○

NIFCO INC.

7988 Chemicals

44.8

ITOCHU Corporation
Marubeni Corporation

8001 Wholesale Trade
8002 Wholesale Trade

35.1
28.7

TOYOTA TSUSHO CORPORATION

8015 Wholesale Trade

20.9

KANEMATSU CORPORATION

8020 Wholesale Trade

26.5

○

○

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rightsY/N

Frequency

Scope (Year-end)

Scope (Quarterly)

Frequency(English)

Y/N

Year-end○ and firsthalfFrequency(Japanese)Year-end
and first
half○○ Quarterly

Full translation

Full translation

××○ Quarterly

Other

Other

×

○
○

×
○

○ Quarterly○ Quarterly

Full translation
Full translation

Full translation
Full translation○ Quarterly○ Quarterly○○○ Quarterly

Other

Other

○ Quarterly

Quarterly○○○ Quarterly

Full translation

Full translation

Full translation
Other
Summary
information only
Other

Year-end○ and firsthalfYear-end○ and firsthalf○ Quarterly○ Quarterly

Year-end
and first
halfYear-end
and first
half
Quarterly
Quarterly○ Quarterly

Quarterly○ Quarterly

Quarterly○

Quarterly
Quarterly

FamilyMart UNY Holdings Co., Ltd.

8028 Retail Trade

15.4○ Full translation

×

－

×

×

×

MITSUI & CO.,LTD.
Tokyo Electron Ltd.

8031 Wholesale Trade8035 Electric Appliances

28.5
39.1

○ Full translation○ Other

×
×

○
×

○
○

○
○

○ Quarterly○ Quarterly

Hitachi High-Technologies Corporation

8036 Wholesale Trade29○ Full translation

×

○

○

×

○ Quarterly

SEIKO HOLDINGS CORPORATIONSUMITOMO CORPORATION (SUMITOMOSHOJI KAISHA,LTD.)
Mitsubishi Corporation

8050 Precision Instruments

15.8○ Full translation

×

○

×

×

○ Quarterly

Full translation
Full translation
Summary
information only
Other

8053 Wholesale Trade

35.7○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

8058 Wholesale Trade

32.4○ Full translation

×

○

○

○

○ Quarterly

Full translation

Full translation

HANWA Co.,Ltd.

8078 Wholesale Trade

28.2

○

Particulars and reference
documents

×

○

○

×

○ Quarterly

Other

Other

IWATANI CORPORATION

8088 Wholesale Trade

8.6○

Particulars and reference
documents

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly
Year-end○ and firsthalfYear-end○ and first
half

Quarterly
Year-end
and first
halfYear-end
and first
half

UNICHARM CORPORATION

8113 Chemicals

33.3

Particulars and reference○
documents

×

×

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly
Year-end
and first
half
Quarterly

TOHO HOLDINGS CO.,LTD.

8129 Wholesale Trade

17.9

Sanrio Company,Ltd.

8136 Wholesale Trade

7.6

NIPPON GAS CO., LTD.

8174 Retail Trade

22.5

SHIMAMURA Co.,Ltd.

8227 Retail Trade

27.6○ Full translation
Particulars and reference
documents
Particulars and reference○
documents
×○Particulars and reference
documents

×

○

×

×

○ Quarterly

Full translation

Full translation

Year-end○ and first
half

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

×

×

×

×

×

×

×

○ Quarterly

Other

Other

×

×

×

×

○ Quarterly

×

×

×

○ Quarterly

Other
Summary
information andfinancialstatements

Full translation
Summary
information andfinancialstatements

9.7

×

×

×

×

8282 Retail Trade

22.8

○

8303 Banks
8304 Banks
8306 Banks

53
33.5
36

Takashimaya Company,Limited

8233 Retail Trade

20.4

○

AEON CO.,LTD.

8267 Retail Trade

10.6○ Other

IZUMI CO.,LTD.

8273 Retail Trade

12.9

YAOKO CO., LTD.

8279 Retail TradeK'S HOLDINGS CORPORATION
Shinsei Bank,LimitedAozora Bank,Ltd.
Mitsubishi UFJ Financial Group,Inc.
Resona Holdings, Inc.

8308 Banks

42.5

Sumitomo Mitsui Trust Holdings,Inc.
Sumitomo Mitsui Financial Group,Inc.

8309 Banks
8316 Banks

40
44.2

The Chiba Bank,Ltd.

8331 Banks

22.5

Particulars and reference
documents○ Full translation○ Full translation○ Full translation
Full translation except○
auditor's report○ Other○ Full translation
Particulars and reference○
documents

Quarterly×Year-end○ and firsthalf○ Quarterly

Year-end
and first
half
Quarterly○ Quarterly

Quarterly

×

×

○

×

×

×

○ Quarterly

Quarterly

×
○
×

○
○
○

○
○
○

○
○
○

○ Quarterly○ Quarterly○ Quarterly

Other
Full translation
Full translation

Other
Full translation
Full translation○ Quarterly○ Quarterly○ Quarterly

Quarterly
Quarterly
Quarterly

×

○

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×
×

×
○

○
○

○
×

○ Quarterly○ Quarterly

Full translation
Full translation

Full translation
Full translation○ Quarterly○ Quarterly

Quarterly
Quarterly××○○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

Financialstatements only

Year-end○ and firsthalfYear-end
and first
half○ Quarterly

Quarterly

Year-end○ and firsthalfYear-end○ and firsthalfYear-end○ and firsthalfYear-end○ and firsthalfYear-end
and first
halfYear-end
and first
halfYear-end
and first
halfYear-end
and first
half○ Quarterly

Quarterly○

The Gunma Bank,Ltd.

8334 Banks

16.2

Particulars and reference○
documents

×

×

○

○

○ Quarterly

Financialstatements only

THE SHIZUOKA BANK,LTD.

8355 Banks

16.1

○

Particulars and reference
documents

×

○

×

○

○ Quarterly

Financialstatements only

Financialstatements only

Suruga Bank Ltd.

8358 Banks

32.2○ Other

×

○

×

×

○ Quarterly

Full translation

Full translation

Hokuhoku Financial Group, Inc.

8377 Banks

17.2

○

Particulars and reference
documents

×

○

○

○

○ Quarterly

The Hiroshima Bank,Ltd.

8379 Banks

16○

Particulars and reference
documents

×

×

×

×

○

Other

Other

Year-end
Other
and first half

Other

×

×

×

×

×

×

○

○

○

○ Quarterly

×

×

○

○

○ Quarterly

×

○

×

×

×

×
Year-end
and first
half

The Chugoku Bank,Limited

8382 Banks

18.9

Particulars and reference○
documents

Seven Bank,Ltd.

8410 Banks

17.4○ Full translation

Mizuho Financial Group,Inc.

8411 Banks

24.4

Yamaguchi Financial Group,Inc.

8418 Banks

15○ Full translation
Particulars and reference○
documents

Fuyo General Lease Co.,Ltd.
IBJ Leasing Company,Limited
Tokyo Century Corporation
SBI Holdings, Inc.
AEON Financial Service Co.,Ltd.
Orient Corporation
Hitachi Capital Corporation
ORIX CORPORATION
Mitsubishi UFJ Lease & Finance Company
Limited
JAFCO Co., Ltd.
Daiwa Securities Group Inc.
Nomura Holdings, Inc.
Tokai Tokyo Financial Holdings,Inc.
MATSUI SECURITIES CO.,LTD.
Sompo Holdings, Inc.

8424

Other Financing
Business

Other Financing
Business
Other Financing
8439
Business
Securities and8473
Commodities Futures
Other Financing
8570
Business
Other Financing
8585
Business
Other Financing
8586
Business
Other Financing
8591
Business
Other Financing
8593
Business
Securities and8595
Commodities Futures
Securities and8601
Commodities Futures
Securities and
8604
Commodities Futures
Securities and8616
Commodities Futures
Securities and8628
Commodities Futures
8630 Insurance
8425

Summary
information andfinancialstatements
Full translation

Summary
information andfinancialstatements
Full translation○ Quarterly

Quarterly××○ Quarterly

Full translation

Full translation

Year-end○ and first
half

×

×

×

×

○ Quarterly

Summary
information only

Summary
information only

○ Quarterly

Quarterly○ Particulars only

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

43.7○ Full translation

○

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

27.5

○

×

×

×

×

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

×

×

×

×

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

○

×

×

×

○ Quarterly

Quarterly

16.1

×

14.8

○

12.6

2.2
20.8

Particulars and reference
documents

Particulars and reference
documents
Particulars and reference○
documents
Particulars and reference○
documents

×57.8○ Full translation

18.8

○

34.3

○ Full translation

×

○

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

37.4○ Full translation

×

×

×

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

37○ Full translation

×

×

○

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

×

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

×

×

×

○

○ Quarterly

Other

Other

○ Quarterly

Quarterly

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

18.9
6.3
40.5

Particulars and reference
documents

Particulars and reference
documents
Particulars and reference○
documents○ Full translation○www.ids-corp.co.jp© 2018 | IDS | International Disclosure Services Corporation

24/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

Japan Exchange Group,Inc.

8697

Other Financing
Business

41.6

MS&AD Insurance Group Holdings, Inc.

Securities and8703
Commodities Futures
8725 InsuranceSony Financial Holdings Inc.

8729 Insurance

18.7

Dai-ichi Life Holdings,Inc.
Tokio Marine Holdings,Inc.
T&D Holdings, Inc.

8750 Insurance
8766 Insurance
8795 Insurance

Mitsui Fudosan Co.,Ltd.
Mitsubishi Estate Company,Limited

kabu.com Securities Co., Ltd.

Resolutions

Scope

M ap

○ Full translation

×

×

○

×

○

×

○

×
×
×

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rightsY/N

Frequency

Scope (Year-end)

Scope (Quarterly)

Frequency(English)

Y/N

Year-end○ and firsthalf○ Quarterly

Full translation

Full translation

××○ Quarterly

Other

Other

×

○

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly○○○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

○
○
○

○
○
○

×
○
×

○ Quarterly○ Quarterly○ Quarterly

Full translation
Full translation
Full translation
Summary
information only
Summary
information only
Full translation○ Quarterly○ Quarterly○ Quarterly

Quarterly
Quarterly
Quarterly○ Quarterly

Quarterly

Other

×

35.7

43.7
42.8
37.7

○ Full translation
Particulars and reference○
documents○ Full translation○ Full translation○ Full translation

8801 Real Estate

50.8○ Other

×

×

○

×

○ Quarterly

8802 Real Estate

45.4○ Full translation

×

○

×

○

○ Quarterly

Tokyo Tatemono Co., Ltd.

8804 Real Estate

43.4○ Other

×

○

○

×

○ Quarterly

Full translation
Full translation
Full translation
Summary
information only
Summary
information only
Full translation

Sumitomo Realty & Development Co.,Ltd.

8830 Real Estate

30.3

○

Particulars and reference
documents

×

－

×

×

○ Quarterly

Other

LEOPALACE21 CORPORATION

8848 Real Estate

49.7

○

Full translation except
auditor's report

×

×

×

×

○ Quarterly

Other

Full translation

Starts Corporation Inc.

8850 Real Estate

15.3

×

×

×

×
Summary
information andfinancialstatements

Year-end○ and firsthalf8876 Services

31.2

○

AEON Mall Co.,Ltd.
NTT URBAN DEVELOPMENT CORPORATION

8905 Real Estate

24○8933 Real Estate

20.5

Particulars and reference
documents

Particulars and reference
documents○ Full translation

TOBU RAILWAY CO.,LTD.

9001 Land Transportation

18

Particulars and reference○
documents

Sotetsu Holdings,Inc.

9003 Land Transportation

6.9○

TOKYU CORPORATION

9005 Land Transportation

18.1

Odakyu Electric Railway Co.,Ltd.

9007 Land Transportation

11.4

○

Keio Corporation

9008 Land Transportation

13.6

○

Keisei Electric Railway Co.,Ltd.

9009 Land Transportation

21.4○ Other×○ Quarterly
Year-end○ and first
half

Quarterly
Year-end
and first
half○ Quarterly

Quarterly×××○ Quarterly

Summary
information andfinancialstatements

○

×

○

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly○○○○ Quarterly

Full translation

Full translation○ Quarterly
Year-end○ and first
half

Quarterly
Year-end
and first
half○ Quarterly

Quarterly

Full translation

Full translation

○

×

×
×
×

×

×

×

×

×

○

×

×

×

×

×

×

×

○ Quarterly

Particulars and reference
documents

×

×

×

×

×

Particulars and reference
documents

×

×

×

×

×

×

○

×

×

×

Particulars and reference
documents
Particulars and reference○
documents

Quarterly

Year-end○ and firsthalfYear-end○ and firsthalfYear-end○ and firsthalfYear-end○ and firsthalf○ Quarterly
Year-end○ and firsthalfYear-end○ and firsthalf×Year-end
and first
halfYear-end
and first
halfYear-end
and first
halfYear-end
and first
half
Quarterly
Year-end
and first
halfYear-end
and first
half

9020 Land Transportation

35.8○ Full translation

×

×

○

×

○ Quarterly

Full translation

Full translation

West Japan Railway Company

9021 Land Transportation

30.6○ Full translation

×

○

○

×

○ Quarterly

Other

Other

Central Japan Railway Company

9022 Land Transportation

22.3

○

×

×

○

×

○ Quarterly

Other

Other

SEIBU HOLDINGS INC.

9024 Land Transportation

25.5○ Full translation

×

○

×

×

○ Quarterly

Full translation

Full translation

Nishi-Nippon Railroad Co.,Ltd.

9031 Land Transportation

7.9

×

×

×

×

Kintetsu Group Holdings Co., Ltd.

9041 Land Transportation

14.3

○

×

○

×

×

×

×

Hankyu Hanshin Holdings,Inc.

9042 Land Transportation

20

○

×

○

○

×

×

×

Particulars and reference
documents
Particulars and reference
documents
Particulars and reference○
documents

Nankai Electric Railway Co., Ltd.

9044 Land Transportation

8.9

Keihan Holdings Co., Ltd.

9045 Land Transportation

12.8

Nagoya Railroad Co., Ltd.

9048 Land Transportation

15.3

×

NIPPON EXPRESS CO.,LTD.

9062 Land Transportation

21.9

○

YAMATO HOLDINGS CO.,LTD.
SANKYU INC.

9064 Land Transportation
9065 Land Transportation

28.8
25.6

Hitachi Transport System,Ltd.

9086 Land Transportation

17.7

Japan Airlines Co., Ltd.
ANA HOLDINGS INC.

9201 Air Transportation
9202 Air Transportation

25.8
10.3

Particulars and reference
documents○ Full translation
×Particulars and reference○
documents○ Full translation○ Full translation

Nippon Television Holdings,Inc.

Information &9404
Communication

19.4

NIPPON TELEGRAPH AND TELEPHONECORPORATION
KDDI CORPORATIONHIKARI TSUSHIN,INC.
NTT DOCOMO,INC.
GMO internet Inc.
CHUBU Electric Power Co., Inc.
The Kansai Electric Power Company,
Incorporated

Information &9432
Communication
Information &9433
Communication
Information &9435
Communication
Information &9437
Communication
Information &9449
Communication
9502 Electric Power and Gas
9503 Electric Power and Gas

×

×

×

×

×

×

○

×

×

○ Quarterly

Other

Other

×

×

○ Quarterly

Other

×

×

○

×

○ Quarterly

Full translation

△

○

○
×

×
×

○ Quarterly
×

Full translation

×

×

×

×

○ Quarterly

×
×

○
〇

○
○

×
×

○ Quarterly○ Quarterly○ Other

○

○

○

×

○ Quarterly

28.7○ Full translation

○

○

○

○

36.2

○ Full translation

×

○

○

○

×

×

×

×

×

○

○

×

×

×

○

Particulars and reference
documents

24.2

×

13.8

○ Full translation

29○

Particulars and reference
documents

Full translation○ Quarterly

Quarterly

Full translation
Full translation
Summary
information andfinancialstatements

Full translation
Full translation
Summary
information andfinancialstatements○ Quarterly○ Quarterly

Quarterly
Quarterly○ Quarterly

Quarterly○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly○ Quarterly

Quarterly○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly×○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly×○ Quarterly

Other

Other

○ Quarterly

Quarterly

Summary
information andfinancialstatements
Full translation
Full translation
Full translation○ Quarterly

Quarterly○ Quarterly○ Quarterly○ Quarterly

Quarterly
Quarterly
Quarterly

Other

×

TOHO GAS Co., Ltd.

9533 Electric Power and Gas

SECOM CO.,LTD.
MEITEC CORPORATION

Quarterly

Full translation

×○ Other○ Full translation○ Full translation
Particulars and reference○
documents
Particulars and reference○
documents

SCSK Corporation

Quarterly○ Quarterly
×

×

29.5
32.5
27.2

SQUARE ENIX HOLDINGS CO., LTD.

○ Quarterly

Full translation

×

22.3

AIN HOLDINGS INC.
Kanamoto Co., Ltd.

Full translation

×9513 Electric Power and Gas
9531 Electric Power and Gas
9532 Electric Power and Gas

NTT DATA CORPORATION

Other

×

9506 Electric Power and Gas

Information &Communication
Information &9613
Communication
9627 Retail Trade
9678 Services
Information &9684
Communication
Information &9719
Communication
9735 Services
9744 Services

Year-end
and first
half

22.5

Electric Power Development Co., Ltd.
TOKYO GAS CO., LTD.
OSAKA GAS CO., LTD.

9602

×Year-end○ and first
half
×

26.1

Tohoku Electric Power Co., Inc.

TOHO CO.,LTD

Year-end
and first
half○ Quarterly

East Japan Railway Company

Particulars and reference
documents

Year-end
and first
half

×

10.1

Relo Group, Inc.

Frequency(Japanese)

16.8
14.8

×

×

○ Quarterly

×
×
×

×
○
○

○
○
○

○
×
○

○ Quarterly○ Quarterly○ Quarterly

Summary
information andfinancialstatements
Full translation
Full translation
Full translation

×

○

×

×

○ Quarterly

Other

×

×

×

×

×

○ Quarterly

Quarterly

Year-end
only

Quarterly○

17○ Full translation

×

○

○

×

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

37.6
22.7

○ Particulars only
○ Full translation

×
○

×
○

×
×

×
×

○ Quarterly○ Quarterly

Other
Full translation

Full translation
Full translation○ Quarterly
×

Quarterly

44.9○ Other

×

×

○

○

○ Quarterly

Other

Full translation○ Quarterly

Quarterly

19.7○ Other

×

○

×

×

○ Quarterly

Full translation

Full translation○ Quarterly

Quarterly

43.4
40.4

○ Full translation○ Other

×
×

×
×

○
○

×
○

○ Quarterly○ Quarterly

Other
Other

Full translation
Full translation×○ Quarterly

Quarterly

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25/26

English-language disclosure by JPX-Nikkei 400 constituents, 2017
Proxy statement

Company

TickerIndustry

Foreign shareholders
(%)

Y/N

KONAMI HOLDINGS CORPORATIONAEON DELIGHT CO.,LTD.

NIPPON STEEL & SUMIKIN BUSSAN
CORPORATION

9766

Information &Communication

9787 Services

9810 Wholesale Trade

Resolutions

33.6

21

10

Scope

M ap

○ Full translation
Particulars and reference○
documents○

Particulars and reference
documents
Particulars and reference
documents

×

×

×

×

Quarterly○ Quarterly○ Quarterly

Quarterly

Quarterly

Quarterly○ Quarterly

Full translation

Full translation

Year-end○ and first
half

Summary
information andfinancialstatements

Summary
information andfinancialstatements○ Quarterly○ Quarterly

Other

Full translation

×
○

×
○

○
○

×
○

○ Quarterly○ Quarterly

Full translation
Full translation

Full translation
Full translation

×

×

×

×

×

9962 Wholesale Trade

3.9○ Other×○ Full translation○ Full translation
Particulars and reference○
documents

3.9
3.9○ Quarterly

×

MISUMI Group Inc.

3.9

Full translation
Summary
information andfinancialstatements○

×Frequency(Japanese)

Full translation

×3.9

Frequency(English)Summary
information andfinancialstatements

×9956 Wholesale Trade

Y/N○ Quarterly○ Quarterly

Valor Holdings Co., Ltd.

9983 Wholesale Trade9984 Wholesale Trade×

Scope (Quarterly)

×

○

×

○

○

Scope (Year-end)

×

33.7

9989 Wholesale Trade

×

×

×

Frequency

×9843 Retail Trade

SUNDRUG CO.,LTD.

×

○

Y/N

×

Nitori Holdings Co.,Ltd.

FAST RETAILING CO.,LTD.
SoftBank Group Corp.

○

Earnings briefing presentationmaterials

Financial results

Instructions
Extraordinary
on theNotice of report (results ofexercise ofresolutions exercise of voting
votingrights)rights×
Year-end○ and firsthalf○ Quarterly○ Quarterly

Year-end
and first
half
Quarterly
Quarterly×"Foreign shareholders (%)" as of spring 2017. Most recent quarterly data used when data as of spring 2017 not available.
"△" under "Map" (Convocation notice) indicates that although there is no map, there is a written description of the route from the nearest station, etc. "－" indicates that there is no map in either the Japanese or English version.
"〇" under "Instructions on the exercise of voting rights" indicates that instructions on the exercise of voting rights are translated as a separate page. "－" indicates that there is no such separate page in the Japanese version. "×" indicates that it is not translated, or istranslated only as a note to the particulars.
"〇" under "Notice of resolutions" includes companies that post this information on their website as a report on the general meeting of shareholders instead of as a notice of resolutions.
"Full translation" under "Scope" (Financial results) includes companies that omit the contents page.

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