１. Accounting (Source : “Keieizaimu Magazine”)
A research conducted by Teikoku Data Bank revealed that of the 566 companies aiming to go public in the future, approximately half (257 companies, 45.4%) are “undecided” about the timing of the initial public offerings and only 9 companies (1.6%) are planning to hit the IPO market in 2011. While activity levels in the IPO market have remained low after the Lehman shock, the Great East Japan Earthquake which has led to sluggish stock prices is also one of the factors behind the stagnation. While TSE Mothers and OSE JASDAQ attract the interest of 411 companies (72.6%) regarding preferred markets, 27 companies (4.8%) responded that they are interested in Hong Kong, Korea and other Asian markets, including Taiwan, on which semiconductor manufacturer Elpida Memory, Inc. listed their stocks in February this year. This indicates that the entry of Japanese companies into the Asian markets is steadily in progress.
２. Taxation (Source: “Zeimu Tsushin Magazine”)
The Special Tax Law for the Great East Japan Earthquake came into force on April 27. By virtue of this new law, companies that were affected by the earthquake immediately prior to their March fiscal year-end are allowed to carry back earthquake related losses against income of the past 2 years and claim refund in their final tax return for the fiscal year ending March 2011.
３．This Week’s Words of Wisdom (Source: “The Maxims of J.W.Goethe”)
“But you’ll never speak from heart to heart,
Unless it rises up from your heart’s space.”
(J.W.Goethe “Faust”)
You will understand the meaning of this quote when reading or hearing interviews of distinguished managers. People are attracted by their comments right away, presumably because their words are based on experience.