IASB comments on IFRS conversion

There was a seminar at the Security Analysts Association of Japan (SAAJ), having Mr Yamada of IASB as a speaker.
He kindly went through many of the discussions held at International Accounting Standards Board (IASB), regarding the Japanese accounting converging IFRS. One of the impressive part was the push back from Japan in terms of cross-shareholding that not everything will be included as losses/gains in the comprehensive income.
It is hard to comment about this from my stand point, having some foreign investors as clients, and some Japanese companies on the other hand. But from my personal view as a Japanese, I think these are sometimes necessary evil to save the high-end technology in the Japanese companies from short-termed large capital.

Alba to merge NER, CA based company

Here is the news from NER. The partners of Nihon Equity Research (NER), Chako Ando and Bob Schneider, are pleased to announce the merger of our company with Alba Partners, a Tokyo-based equity research firm providing a wide range of analytical and information services on Japanese stocks to overseas investors. The merger is effective June 1, 2009. As Advisors to Alba, we will be actively involved in the firm's research effort. We thank you for your past support and look forward to serving you at our new company. Please click below for Alba's web site to see more details of research work it offers. click here Alba Partners is a Tokyo-based firm that has done over 300 local visits and teleconferences and attended more than 150 analyst meetings for overseas clients. Its menu of services has been much broader than the traditional report-based research product of NER. It includes consultations with the large network of experts they have built up over many years, news monitoring, market research, and "detective" field work. So now, with a strong, on-the-ground research operation in Tokyo, -- especially if the tougher investment environment has you looking at ways to maintain the same level of quality research at reduced cost. If any of this sounds interesting let us know, and we would be happy to discuss specific assignments. Thanks much for your support, Sincerely, --The Team at Nihon Equity Research Bob Schneider and Chako Ando If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe 1363 Hansen Ave. Alameda, CA 94501 Read the VerticalResponse marketing policy. e partners of Nihon Equity Research (NER), Chako Ando and Bob Schneider, are pleased to announce the merger of our company with Alba Partners, a Tokyo-based equity research firm providing a wide range of analytical and information services on Japanese stocks to overseas investors. The merger is effective June 1, 2009. As Advisors to Alba, we will be actively involved in the firm's research effort. We thank you for your past support and look forward to serving you at our new company. Please click below for Alba's web site to see more details of research work it offers. click here Alba Partners is a Tokyo-based firm that has done over 300 local visits and teleconferences and attended more than 150 analyst meetings for overseas clients. Its menu of services has been much broader than the traditional report-based research product of NER. It includes consultations with the large network of experts they have built up over many years, news monitoring, market research, and "detective" field work. So now, with a strong, on-the-ground research operation in Tokyo, -- especially if the tougher investment environment has you looking at ways to maintain the same level of quality research at reduced cost. If any of this sounds interesting let us know, and we would be happy to discuss specific assignments. Thanks much for your support, Sincerely, --The Team at Nihon Equity Research Bob Schneider and Chako Ando

If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe

1363 Hansen Ave.
Alameda, CA 94501

Hassle of establishing the Consumer Affairs Agency

It is just a month away till the new agency, Consumer Affairs Agency is going to be launched. It was part of the cabinet's pledge to ensure the safety of food, consumer finance, and other products.
The new agency will gather people, operation and regulation from 9 ministries/agencies and 1 committee, adding 29 laws under the control.
The preparation is said to be focusing on areas such as Specified Business Transaction Law and Money Lending Business Law which will be operated jointly with other ministries. It might affect consumer finance industry, credit loans, english and cram schools, again?