1. 1 （ Reducing the Burden of Reporting in the Regulatory Environment ） Use and Future Development of XBRL in the Context of TDnet Koji Yoshida June 24, 2009

2. 2 TDnet (Timely Disclosure network): since 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 organizations (4) Obtain certificates (at any time after disclosure) (5) Enable the public to view disclosure data (TSE web site, TDnet database service) * The public can view the data on the TSE website (http://www.tse.or.jp/) or by using the database service. All Listed companies in Japan about 4,000 companies Investors Contractors Media organizations Database Service Issue certificates Register Web Real-time service TDnet

3. 3 Application of XBRL to TDnet 1998: First generation TDnet  Digital disclosure evolves from hardcopy disclosure  Financial data provided in PDF and CSV format 2003: Second generation TDnet  XBRL introduced for the first time in the world  Receipt of financial data in XBRL format commences 2008: Third generation TDnet  XBRL introduced substantially  Provision of financial data in XBRL format commences

4. 4 TSE started to apply XBRL to TDnet in 2008 Listed companies Web Service Media organizations Input in XBRL Output in XBRL  TDnet provides the original financial statements from listed companies to users in XBRL  Mandatory requirement for listed companies to submit financial data in XBRL format to TDnet Tokyo Stock Exchange Investors

5. 5 Listing Management Operations of the Tokyo Stock Exchange １． Review of timely disclosure material Review of the content of timely disclosure material submitted by listed companies ２． Analysis of the financial situation of a listed company Analysis and monitoring of the financial situation of listed companies based on the earnings digest and securities report ３． Assessment as to whether the delisting criteria are met Assessment as to whether a listed company falls under the delisting criteria, based on the financial information included in the securities report ４． Gathering information on listed companies Gathering and management of information on listed companies reported in news articles and disseminated over the Internet

6. 6 Listing Management Operations of the Tokyo Stock Exchange ５. Retention and management of basic information on listed companies Includes information provided by persons in charge of disclosure, location of headquarters, stock prices, numbers of listed shares, market capitalization, etc. ６． Retention and management of records on hearings with listed companies Persons in charge individually retain and manage records on hearings with listed companies ７． Retention and management of materials acquired from listed companies Persons in charge individually retain and manage material submitted by listed companies

7. 7 ８． Scheduling control for meetings with listed companies Persons in charge individually control the schedule for meetings with listed companies

8. 8 8 Listed company Tokyo Stock Exchange EDINET Information vendors, mass media, etc.EDINET XBRL DB ■ Statutory disclosure data ■ Company related information ■ Media information ■ Timely disclosure Earnings digest Performance forecast Review, monitoring and analysis Overview of Listed Company Information Management system

9. 9 9 Listed company Tokyo Stock Exchange EDINET Information vendors, mass media, etc.EDINET XBRL DB ■ Statutory disclosure data ・ Securities report, etc. ・ Amended report, etc. ■ Media information ■ Reviewed disclosure material Examination, monitoring and verification Overview of Listed Company Information Management system

10. 10 Effect of implementation of Listed Company Information Management system No. Item Total (hours/ year) Total ($/year ） 1 Review of timely disclosure material6,39036,514 2 Analysis of the financial conditions of a listed company 3 Assessment as to whether the delisting criteria are met1,79310,246 4 Gathering of information on listed companies1,6639,503 5 Retention and management of basic information on listed companies8544,880 6 Retention and management of records on hearings with listed companies4322,469 7 Retention and management of materials obtained from listed companies4,18323,903 8 Scheduling control for meetings with listed companies5162,949 Automation and improved efficiency through the use of XBRL5,37430,709 Sharing and centralized control of information10,43959,651 Total 15,81390,360

11. 11 Future efforts in the application of XBRL to TDnet ①  TDnet seminars ・ Seminars: 4 times since November 2007 ・ More than 30 companies (including information vendors, analysts, system development companies) participated  Promote XBRL use ・ Website for learning about XBRL, provision of XBRL application software ・ XBRL forum ・ In cooperation with XBRL Japan ・ Held in March, 2009

12. 12 Future efforts in the application of XBRL to TDnet ② ・ Consider applying XBRL to non-financial information ・ Consider applying XBRL to disclosure data (non-financial information including notes to financial statement, corporate action, etc.) ・ Consider addressing issues related to the adoption of IFRS in TDnet, assuming that IFRS is to be applied in Japan ・ Closer collaboration with Financial Services Agency (FSA)

13. 13 Thank you for your attention.