This podcast explores the recent discussions in Japan regarding mandatory sustainability disclosures, particularly focusing on the deliberations of the "Working Group on Sustainability Information Disclosure and Assurance". As Japan strives to enhance corporate transparency and attract global investors, sustainability reporting has taken center stage.The podcast highlights key topics discussed in the working group, including:●Phased Implementation: The plan proposes a phased approach, starting with mandatory disclosures from large-cap companies listed on the Prime Market of the Tokyo Stock Exchange. The applicability will then extend to smaller companies based on market capitalization.●Disclosure Timing: While initially allowing disclosures separate from financial reports, the working group aims to transition towards simultaneous disclosures in the future, aligning with international best practices and ensuring timely information for investors.●Assurance Framework: The podcast touches upon the debate surrounding the assurance framework, particularly the potential inclusion of non-certified public accountants as assurance providers. The deliberations highlight the need for robust quality control mechanisms to maintain the credibility of sustainability disclosures.Join us as we break down the key takeaways from these pivotal discussions and analyze their potential impact on corporate behavior and investor decision-making in Japan.