Comprehensive research on the business reporting of the Japanese companies

本研究的目的是明确日本公司经营报告的特点和机制。我们的贡献如下。第一个贡献是澄清了日本公司的信息披露或投资者关系的特点。日本企业在自愿披露方面倾向于采取保守的政策。然而，为了降低资金成本，创造企业价值，我们认为日本企业必须采取积极的政策。第二个贡献是阐明日本会计改革的经济影响。特别是，我们试图澄清在20世纪90年代后期会计形成前后，日本公司的会计活动是如何变化的。第三项贡献是在研究会议上展示研究成果等。例如，我们的研究报告如下。(1)国雄，“21世纪的投资者关系”，东京投资者关系研讨会，2003.12(2)国雄，“无形资产会计的问题与展望”，(3)国雄，I., Yusuke， N., Makoto， N., Tetsuyuki， K.，“无形资产会计与报告的问题与展望”，日本会计协会特别委员会，2004.49。第四贡献是建立了证券分析师对日本公司定性评价的数据库。

The objective of this research is to make the characteristics and mechanism of the business reporting on the Japanese companies clear. Our contributions are followings.The first contribution is to clarify the characteristics of the disclosures or investor relations on the Japanese companies. The Japanese companies tend to adopt the conservative policies on the voluntary disclosures. However, to reduce the capital costs and create corporate value, we think that the Japanese companies have to adopt the active policies on it.The second contribution is to clarify the economic effects of the accounting reformation in Japan. In particular, we tried to clarify how the accounting activities of the Japanese companies change before and after the accounting formation during the latter 1990s.The third contribution is to present the research results on the research conference and so on. For Example, our research presentations are as follows.(1)Kunio, I., "Investor Relations in the twenty first century" Tokyo Investor Relations Conference 2003.12(2)Kunio, I., "The problems and foresights of the intangible assets accounting," The Kanto session of the Japan Accounting Association, 2003.12(3)Kunio, I., Yusuke, N., Makoto, N. and Tetsuyuki, K., "The problems and foresights of the intangible assets accounting and reporting" The Special Committee of the Japan Accounting Association, 2004.9The fourth contribution is to make the database on the qualitative evaluation of the Japanese companies by the security analysts.