Japan to streamline quarterly disclosures for listed companies

Kishida hopes to curb focus on short-term gains but gives up on abolishing reports

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Japan's Financial Services Agency is expected to work out details on audits and other concerns related to the update by the end of the year. © Reuters

SHOGO NAKATANI, NATSUMI IWATA and SATOSHI TEZUKA, Nikkei staff writers

TOKYO -- Japan's Financial Services Agency intends to consolidate quarterly reporting requirements for companies, looking to ease the burden on businesses while maintaining transparency for shareholders.

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