日本金融厅公布可持续信息鉴证草案：大型上市公司拟引入第三方鉴证，创业融资门槛提至5亿日元
日本金融厅11月13日公布规则草案，拟扩大企业可持续信息披露的第三方鉴证使用，并放宽部分创业企业证券发行的登记门槛。草案属于日本2026年《金融商品交易法》修订的一部分，如规则制定程序完成，计划于2027年4月1日生效。
在可持续披露方面，草案将要求主要市场（Prime Market）大型发行人对其可持续信息引入鉴证，以提高非财务企业信息的可信度。
在创业融资方面，草案拟把部分证券发行登记豁免的门槛提高到5亿日元，使年轻企业更容易通过相关发行筹集资金。
上述提案现正公开征求意见，提交截止日期为2026年12月13日。
Japan's FSA drafts sustainability assurance rules: third-party assurance proposed for large listed firms, startup offering threshold raised to 500 million yen
Japan's Financial Services Agency has published draft rules that would expand the use of third-party assurance for corporate sustainability disclosures while making it easier for startups to raise capital through certain securities offerings. The proposals form part of Japan's 2026 amendments to its Financial Instruments and Exchange Act and are scheduled to take effect on April 1, 2027, subject to completion of the rulemaking process.
On sustainability, the draft would require assurance for major Prime Market issuers, addressing the reliability of non-financial corporate information.
On startup finance, the proposals would raise the securities-registration exemption threshold for certain startup offerings to 500 million yen.
The proposals are open to public comment, with submissions due by December 13, 2026.
来源：日本金融厅
发布：GSM·美国（发布链接）
图片来源：图中是东京证券交易所主楼入口，日本主要市场上市公司在此上市交易。Suicasmo, CC0, via Wikimedia Commons
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