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TOKYO STOCK EXCHANGE’sXBRL project

XBRL Trial & Demonstration Program in Financial Disclosure

– Anybody can freely try out “XBRL” –

Kiyoyuki TsuchimotoDirector of Listing Department

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Overview of 　　　　　　　　　　　　　　　　　　　　　　　　 the disclosure system in Japan

Timely disclosure(based on the rules of the stock exchange)

Statutory disclosure(based on the Securities

and Exchange Law)

Disclosure System

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Statutory Disclosure Timely Disclosure・ Securities report (within three months subsequent to balance sheet date)

・ Semi-annual report 　　　　　　　　　　　　　　　　　 (within three months subsequent to semi-annual balance sheet date)

・ Quarterly report 　　　　　　　　　　　　　　　　 (under consideration to make the report statutorily mandatory)

・ Extraordinary report 　　　　　　　　　　　　　 (without delay)

・ Preliminary report of Earnings Digest (average time required: about 43.5 days) 　 r 　　　

・ Semi-annual Preliminary report of Earnings Digest (average time required: about 43.4 days)

・ Quarterly report 　　　　　　　　　　　　　　　　　　　　 (average time required: 　 about 33.9 days)

・ Decisions and occurrence (promptly)

Comparison 　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 between statutory disclosure and timely disclosure

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TDnet (which is a timely disclosure network system)

【 Operations began in April 1998 】

(1) Submit and register disclosure data to the TSE online

(2) Give explanations of disclosure data to the TSE over the phone

(3) Output disclosure data on TDnet terminals set at media institutions

(4) Obtain certificates (at any time after disclosure)

(5) Enable the public to view disclosure data (TSE’s web site, TDnet database service)

* The public can view the data on the TSE’s Web site (http://www.tse.or.jp/) or by using the database service.

All　Listed　companies　in　JapanMore　than　4,000　companies

InvestorsContractors

Mediainstitutions,etc.

DatabaseService

Issuecertificates

Register

Web　Real-timeservice

TDnet

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Reference　format　of　Earning　Digest

TSE-ED-Taxonomy XBR

L

CSV

HTML

PDF

Automatically　Conversion

XBRL

Usage of XBRL in TD-net

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Statutory disclosure Timely disclosure

Accuracy ◎ ○

Promptness △ ◎

Flexibility × ○

Comparability ◎ ◎

Means to ensure accuracy

e.g., Criminal penalty,

Fine,

Civil liability,

Audit system

under the premise of accuracy of statutory disclosure

requirements for improvement report

delisting where the third improvement report is required within three years

Keyword of 　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 statutory disclosure and timely disclosure

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TSE’s Basic Policy with Regards to Expanded Application of XBRL into Timely Disclosure

Applicable range of XBRL XBRL will be utilized at the time of reception and provision of financial information under the timely disclosures system.

XBRL will be utilized for basic financial statements as well as the first page of Earnings Digest when XBRL will be utilized in financial information of the timely disclosure system. (a balance sheet, a profit and loss statement and a cash flow statement and the like. )

XBRL will be introduced into TDnet (Timely Disclosure network).

Time of introduction TSE will fully introduce XBRL in 2008 business year by taking into consideration the developments of EDINET.

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Test Publication of XBRL Data – Anybody can freely try out “XBRL” –XBRL data for consolidated earnings digests is published on the following site. URL ： http://www.tse.or.jp/listing/xbrl/index.html

＜ Top screen ＞

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Test Publication of XBRL Data – Anybody can freely try out “XBRL” –

On the tentative publication site, anybody can try out the following uses of XBRL data for consolidated earnings digests.

Display XBRL-format data for consolidated earnings digests as an image of the first page of the consolidated earnings digests form. Compare financial indicators of several different companies and track financial indicators of one company over a period of time. Display this data in HTML format and process it using spreadsheet software

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You can Display XBRL-format data

You can also browse PDF data

By clicking here, you can browse XBRL data based on the format (group earnings for 3 business years)

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You can Compare financial indicators

You can compare 　financial indicators of several　 different companies and track financial indicators of one company over a period of time

Highlight the relevant XBRL definition (taxonomy) and XBRL data (instance)- Please consult the users guide for details

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You can convert file-format

HTML format

Spreadsheet

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TSE- Earnings Digest Taxonomy (trial version)

Primary TermsPresentation　Linkbase

Presentation　Linkbase

Role　Type　Schema　　　　　　　　　　Other　Elements　Schema

tse-ed-ci-us-2006-03-31.xsd

C&I US-GAAP

tse-ed-us-bk-2006-03-31.xsd

Banking US-GAAP

tse-ed-se-us-2006-03-31.xsd

Securities US-GAAP

tse-ed-us-bk-2006-03-31.xsd

Insurance US-GAAP

tse-ed-ci-2006-03-31.xsd

C&I JP-GAAP

tse-ed-bk-2006-03-31.xsd

Banking JP-GAAP

tse-ed-se-2006-03-31.xsd

Securities JP-GAAP

tse-ed-bk-2006-03-31.xsd

Insurance JP-GAAP

Presentation　Linkbase

Presentation　Linkbase

Presentation　Linkbase

Presentation　Linkbase

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Social advantages TSE gains by taking the initiative in introducing XBRL

From a viewpoint of standards, TSE has incomparable power in that we can require listed companies to perform disclosure using a uniform format.

TSE is a self-regulatory organization, and therefore TSE can rapidly and flexibly react to necessities and take measures other than reform of laws.

It is TSE’s role to establish a function that connects listed companies producing their financial information to users such as mass media companies and the like, and TSE is in a position that we can accommodate demands from both parties.

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Future image centering on the TSE　 XBRL technologies will be consecutively utilized to receive and deliver timely disclosure information.　 XBRL technologies will be consecutively utilized to provide timely disclosure information.　 In particular, the taxonomy for statutory disclosure operated by the Financial Services Agency (FSA) and the taxonomy for timely disclosure will be made consistent.

Input by Input by XBRLXBRL

Listed

companies Tokyo　Stock　

Exchange

Web　Service

Media　institutions,　

etc.

Output Output by XBRLby XBRL

Investors

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Muchas Muchas gracias !gracias !Additional information available at:

www.tse.or.jp/www.tse.or.jp/english/