2022 Volume 2022 Issue BI-020 Pages 04-
Nowadays, many companies publish an integrated reports (annual reports) that include not only legally required financial information such as sales and assets, but also non-financial information such as corporate governance, social responsibility (CSR), and intellectual property. In addition to companies, the number of universities issuing integrated reports is also on the rise. The integrated report describes how the organization is trying to create its value to various stakeholders, and expresses the focus items and issues of each organization. In this paper, focusing on the integrated reports of one company and several universities, the transition and characteristics of the integrated reports are analyzed based on information such as words and their occurrence frequency, and how the organizational values and issues have changed due to changes in social circumstances and how the characteristics are expressed.