The Nagoya Stock Exchange said Tuesday that it is considering requiring that all listed companies disclose their financial results on a quarterly basis.
The move is designed to attract individual investors to the market by improving the transparency of listed firms' financial information, the NSE said.
The bourse will work out details of the planned requirement and hopes to put it into effect in fiscal 2004, which begins in April 2004.
Currently, firms disclose half- and full-year results.
The introduction of a quarterly earnings report is included in an economic revitalization blueprint adopted by the Cabinet at the end of June.
The Tokyo Stock Exchange and the Osaka Securities Exchange have already said they will require listed firms to disclose results on a quarterly basis starting in fiscal 2004.