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Japan Mulling IP Disclosure Guidelines

by Mary Swire, for LawAndTax-News.com, Hong Kong

11 January 2005

The Japanese Ministry of Economy, Trade and Industry (METI) is planning to create a set of rules governing disclosure by listed firms of their intellectual property assets, where such holdings are likely to affect future earnings.

According to a Nihon Keizai Shimbun report, a research committee comprised of representatives from the Tokyo Stock Exchange, the academic field, the brokerage sector, and various other industries, will initially be tasked with deciding on the basic categories of information that should be made available to investors.

Observers have suggested that disclosures of intellectual property relating to key components of consumer electronics, and pharmaceutical patents, are likely to be included in the earnings reports released by Japanese firms within the next three years.

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