Our study aims to determine the impact of infectious disease risk on the stock market and corporate disclosure information. Our research targets the companies that make up the Nikkei 225 Stock Index. Disclosure information was collected from annual securities reports. Two analyses of the impact of infectious disease risk on companies were conducted. The analysis was based on a comparison of the disclosure information in the annual reports for 2019 and 2020.The first analysis focuses on the relationship between stock market trends and disclosure information. We classified the stocks in the index by industry and analyzed the impact of infectious disease risk on market capitalization. The second analysis is on the relationship between descriptive information and financial information. We grouped companies that disclosed their response to infectious disease risk in their descriptive information and analyzed the impact on their financial information. Based on the results of the two analyses, we found that there was an interrelationship between descriptive information and financial information and its impact on financial information. The results of our study will contribute to new analytical perspectives for information users.

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The purpose of this study is to clarify the actual situation of emergency management SME. In this research, we defined corporate risk as the impact of uncertainties and corporate crises as a crisis is basically an event that manifests risk. The research question is that “companies that have established risk management can overcome crises”. In the overview of sample Company-A, it was clarified that risk management was properly prepared. Various cases of crisis management of Company-A were examined, and it is characteristic that Company-A regarded the US-China confrontation since 2017 as “crisis management” rather than risk management. The crisis management indicators for Company-A are inventory turnover period, which is related to improving cash flow, and labor productivity. As a result of dealing with the conflict between the United States and China as crisis management, Company-A has been overcoming the subsequent Covid-19 and managed to avoid a corporate crisis in the current aggression war with Russia. Based on the situation of these crisis management measures, the research question of this study was determined to be positive.

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This paper shows the concept of the conductor function of technology-based trading companies. Previous researches of an industrial cluster have focused on specialized processing companies with advanced skills. However, there are technology-based trading companies that bring together specialized processing companies. In this paper, I examine the functions of these technology-based trading companies in an industrial cluster. technology-based trading companies perform four functions: Interpretation of product design drawings, Thinking about the basic concept of the entire production process, Project Management, and Verification of Information Transfer Process. By performing these four functions, technology-based trading companies have become informational hubs that connect information of product design drawings and the process design that builds them.

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This paper discusses how corporate disclosure impacts the value of Japanese companies from the viewpoint of institutional investors. Japan’s Corporate Governance Code was first introduced in 2015, and has since been revised twice. The number of companies publishing corporate integrated reports increased from 10 in 2007 to 718 in 2021. The role of an integrated report is to reduce the cost of capital and increase corporate value through improved information disclosure. Corporate integrated reports are based on the question: What information do institutional investors require to best value the company? However, there is no research on what kind of integrated reports institutional investors find useful, due to the short history of integrated reports. This paper analyzes the integrated reports selected by GPIF by using quantitative text mining analysis. It finds that there is demand for clear messages by top management, and clear corporate KPIs using financial and non- financial information.

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The purpose of this paper is to create a target management manual for agriculture-welfare collaboration facilities. In this paper, a manual was created based on interviews with managers at a facility in Azumino City, Nagano Prefecture. The feature of the manual created in this study is that it was created based on the concept of management accounting, making it easy for people with disabilities to understand.

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Corporate tax may be imposed when a corporation provides disaster assistance. In this discussion, we have classified the corporate counterparties and examined whether or not they are subject to donation taxation. This paper concludes that when the recipient of the disaster assistance is a business partner, it is not appropriate to treat it as a donation, considering it as an expense to avoid incurring losses by the corporation. If the recipient of the disaster relief is an officer or employee, the income shall, in principle, be considered as salaried income. However, if the disaster relief is provided to all officers or employees as part of their welfare expenses, it is treated as welfare expenses under certain criteria.

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