The development of segment reporting in Japan

Achieving international harmonization through a process of national consensus

Chikako Ozu, Sidney J. Gray

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (Scopus)

Abstract

The objective of this paper is to explore the process by which Japanese accounting has moved towards international harmonization in respect of its segment reporting requirements. The segment reporting issue offers an interesting case because, despite the strong opposition of companies in Japan, the new legislation came into existence relatively quickly and was sequentially developed by the regulators through a consensus building process. The most important influence in this process was the Ministry of Finance (MOF) which directed the sequence of events leading to the introduction of the segment disclosure standards, with the Business Accounting Deliberation Council (BADC) serving as a channel of communication with various non-governmental parties involved. It is also noteworthy that segment reporting appears to have been seen as an essential element in the completion of the group accounting legislation in Japan - which has been the subject of growing international pressure.

Original languageEnglish
Title of host publicationAdvances in International Accounting
PublisherJAI Press
Pages1-13
Number of pages13
Volume14
ISBN (Print)0762307994, 9780762307999
Publication statusPublished - Jan 1 2001
Externally publishedYes

Publication series

NameAdvances in International Accounting
Volume14
ISSN (Print)0897-3660

Fingerprint

Japan
Segment reporting
Harmonization
Legislation
Communication
Disclosure
Finance
Consensus building
Deliberation

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance (miscellaneous)

Cite this

Ozu, C., & Gray, S. J. (2001). The development of segment reporting in Japan: Achieving international harmonization through a process of national consensus. In Advances in International Accounting (Vol. 14, pp. 1-13). (Advances in International Accounting; Vol. 14). JAI Press.

The development of segment reporting in Japan : Achieving international harmonization through a process of national consensus. / Ozu, Chikako; Gray, Sidney J.

Advances in International Accounting. Vol. 14 JAI Press, 2001. p. 1-13 (Advances in International Accounting; Vol. 14).

Research output: Chapter in Book/Report/Conference proceedingChapter

Ozu, C & Gray, SJ 2001, The development of segment reporting in Japan: Achieving international harmonization through a process of national consensus. in Advances in International Accounting. vol. 14, Advances in International Accounting, vol. 14, JAI Press, pp. 1-13.
Ozu C, Gray SJ. The development of segment reporting in Japan: Achieving international harmonization through a process of national consensus. In Advances in International Accounting. Vol. 14. JAI Press. 2001. p. 1-13. (Advances in International Accounting).
Ozu, Chikako ; Gray, Sidney J. / The development of segment reporting in Japan : Achieving international harmonization through a process of national consensus. Advances in International Accounting. Vol. 14 JAI Press, 2001. pp. 1-13 (Advances in International Accounting).
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