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IFRS

December 2020: AFA-ACCA Joint Webinar on IFRS Standards in CLMV
The ASEAN Federation of Accountants (AFA) and the Association of Chartered Certified Accountants (ACCA) jointly hosted a webinar on the implementation of IFRS Standards in Cambodia, Laos, Myanmar and Vietnam (CLMV). The webinar gave the four jurisdictions a platform to discuss and learn about key issues and opportunities in the implementation of IFRS Standards. Board Member Rika Suzuki participated in the webinar and outlined how the Board and the IFRS Foundation support the implementation journey.
December 2020: JICPA Seminar on IFRS Standards
The Japanese Institute of Certified Public Accountants and Japan Foundation of Accounting Education and Learning hosted their annual IFRS Seminar. Due to covid-19 the seminar was held virtually. Chair of the Board Hans Hoogervorst delivered the keynote speech, Board Member Rika Suzuki delivered an update on the Board’s technical projects and Board Member Tom S ....

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Japan telecoms plan spring rate war for mobile services

Japan telecoms plan spring rate war for mobile services
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Japan's big three carriers drop prices but plans roughly the same : The Asahi Shimbun

An au mobile shop in Tokyo in March 2020 (Asahi Shimbun file photo)
All three of Japan’s major mobile carriers are launching new, lower-cost plans at the behest of the Suga administration, which has been seeking consumer-friendly price reductions through more competition.
But the cheaper price plans on tap are all turning out to be about the same cost in the end.
KDDI Corp., operator of the au mobile brand, announced on Jan. 13 that it will launch a monthly 20-gigabyte smartphone plan called “povo” at 2,480 yen ($23.83), excluding tax, in March.
KDDI set the new price 500 yen cheaper than competing plans unveiled by rivals NTT Docomo Inc. and Softbank Corp. last December. But the povo plan does not include the option for unlimited calls lasting under five minutes. ....

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KDDI unveils cheapest 20GB mobile plan among Japan's main carriers

Although the carrier had initially resisted price cuts, the situation changed after NTT Docomo surprised the public last month with its own new low-cost plan. ....

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Softbank follows NTT DoCoMo with price cut

News Analysis
Robert Clark
12/24/2020
Be careful what you wish for.
After repeated jabs from Prime Minister Yoshihide Suga over their high data charges, Japan s operators have over-corrected and could be heading for a price war.
This week Softbank Corp. announced that it would follow NTT DoCoMo in slashing its data prices, with a basic monthly price of ¥2,980 (US$28.77) for 20GB to be introduced in March.
But it will be offered only online and through its Softbank on Line brand, Reuters reports.
It is a significant shift for the operator, which until now had offered discount plans only through its budget brand Ymobile. ....

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