making japanese business information available in xbrl-cras november 15-18, 2004 eiichi watanabe...
TRANSCRIPT
![Page 1: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/1.jpg)
Making Japanese Business Information Available in XBRL-CRAS
November 15-18, 2004
Eiichi Watanabe
Tokyo Shoko Research
10th XBRL International Conference, Brussels
![Page 2: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/2.jpg)
Topics Introduction CRAS Sub WG Translation of Taxonomy Issues Uncovered Next Steps
Digitized Wood PrintCourtesy by Toshio Komota
Businesses in Japan flourished in Samurai Era.
![Page 3: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/3.jpg)
Introduction
Traditional Japanese Business“Oke-Ya” (Wooden Bucket Store)
Digitized Wood PrintCourtesy by Toshio Komota
A Japanese proverb: “When wind blows, Oke-Ya sales grow.”
![Page 4: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/4.jpg)
TSR and Business Information Business
TSR has been in business information business in Japan since 1892 for 112 years.
![Page 5: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/5.jpg)
TSR offerings TSR Business Information on Japanese
Businesses
TSR offers business information on Japanese businesses of 1.6 million companies. TSR teams with D&B and provides Japanese
business information to the rest of the world through D&B .
TSR Business Failure News is provided on the Web in English for free of charge.
http://www.tsr-net.co.jp/english/index.html
![Page 6: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/6.jpg)
TSR and XBRL Consortium
TSR is a founding member of XBRL Japan. XBRL Japan was founded in April 2001.
TSR is a member of XBRL-JP Steering Committee.
TSR is an active participant in the XBRL-CRAS WG. A member of XBRL-CRAS WG Steering
Committee. A leader of XBRL-JP-CRAS Sub WG.
![Page 7: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/7.jpg)
TSR and XBRL Implementation TSR XBRL Initiatives
XBRL project TSR launched the XBRL project back in 2001
Teamed with Tokyo Institute of Technology Led to “XBRL-based Business Information Set”
(TSR XBISTM) in 2003.
The goalTSR strives for the ability to provide Japanese
business information on Japanese businesses in XBRL on the global markets.
![Page 8: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/8.jpg)
Editing TSR Report Taxonomy
(Screenshot using Fujitsu Interstage XWand)
A sample screen shot of editing TSR Report Taxonomy.
![Page 9: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/9.jpg)
Creating Instance Document for TSR Report
(Screenshot using Fujitsu Interstage XWand)
A sample screen shot for creating TSR Report Instance Document.
![Page 10: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/10.jpg)
Viewing TSR Report generated from Instance Document
(Screenshot using Fujitsu Interstage Xwand)
A sample screen shot for viewing TSR Report (HTML).
![Page 11: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/11.jpg)
CRAS Sub WG
Traditional Japanese Business“Tsukurizaka-Ya” (Sake Brewer)
Digitized Wood PrintCourtesy by Toshio Komota
The FLIPA Taxonomy is in the “brewing” process in Japan.
![Page 12: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/12.jpg)
Objectives
The CRAS Sub WG was created under XBRL Japan’s Development Committee
To translate Labels and Code List of FLIPA Taxonomy
To make the translation for FLIPA Taxonomy consistent with other taxonomies in Japan.
1st meeting was held on August 20, 2004
![Page 13: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/13.jpg)
Active Participants
Accounting profession
Ernst & Young Shin-Nihon, University Professors
Technology
Fujitsu, Hitachi group
Information Providers
Teikoku Data Bank, Tokyo Shoko Research
![Page 14: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/14.jpg)
Translation of Taxonomy
Translation is an iterative, step-by-step process.
Digitized Wood PrintCourtesy by Toshio Komota
![Page 15: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/15.jpg)
Translation of FLIPA Taxonomy Progress to date
Japanese translation has been done 90%, not complete yet. Labels Code Lists
![Page 16: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/16.jpg)
Issues Uncovered
Digitized Wood PrintCourtesy by Toshio Komota
Red? Yellow? Or Green to Go?
![Page 17: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/17.jpg)
Issues Semantics of accounting terms.
Understanding the precise meaning of accounting terms used is FLIPA taxonomy has been a challenge task, even for accountants and professors in Japan.
Opinions are that the mapping of financial data reflecting Japanese accounting practices is challenging.
![Page 18: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/18.jpg)
Issues Coded data.
FLIPA Taxonomy employs extensive code lists, ranging from ISO and UN to Industry-defined codes.
Coding data in the manner of FLIPA is beyond the scope of translation.
![Page 19: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/19.jpg)
Next Steps
Traditional Japanese Business“Geta-Ya” (Wooden Shoe Store)
Digitized Wood PrintCourtesy by Toshio Komota
A few more steps to complete the “brewing” process.
![Page 20: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/20.jpg)
FLIPA Taxonomy Japanese Translation
To complete the translation based on the answers to the questions, raised by XBRL-JP-CRAS, and to be answered by XBRL-CRAS Business Working Group.
Code lists To add code lists unique to Japan
e.g. entity identification code, address format code
![Page 21: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/21.jpg)
Related Matters GCD (Global Common Document)
GCD is to establish common definition with respect to Entity Information and Document information, which is related to XBRL-CRAS also.
XBRL Japan CRAS Sub WG is to gather and define requirements for GCD.
![Page 22: Making Japanese Business Information Available in XBRL-CRAS November 15-18, 2004 Eiichi Watanabe Tokyo Shoko Research 10th XBRL International Conference,](https://reader030.vdocuments.site/reader030/viewer/2022032709/56649ebc5503460f94bc4587/html5/thumbnails/22.jpg)
Thank You!
Traditional Japanese Business“Saka-Ya” (Sake Store)
Cheers!
Digitized Wood PrintCourtesy by Toshio Komota