Tokyo Stock Exchange Inc. on Monday disclosed the names of companies listed on the exchange that have published plans to increase their corporate value in response to a bourse request last March.
As of the end of 2023, 660 firms in the top-tier Prime Market had outlined measures to improve their business performance, while the number of such firms in the Standard Market stood at 191, constituting about 12 percent, according to the TSE.
Among those yet to publish such plans, 155 in the Prime Market and 109 in the Standard Market are considering doing so, it said.
About 47 percent of the firms in the Prime Market that published their plans also disclosed the information in English, compared to about 7 percent in the Standard Market, according to TSE.
The TSE will continue asking firms to devise plans to increase their appeal to investors. The bourse will start reporting progress every month.
Electronics makers, major pharmaceutical companies and large banks were among the companies that disclosed their plans in both Japanese and English.
