Definition
  • Periodic disclosure refers to periodically disclosing to investors business details as well as business results and financial conditions within fixed periods.
Types and Submission Deadline
  • Annual Report: Business results, etc. from the preceding business year must be submitted and disclosed within 90 days after the end of that business year.
  • Semi-annual Report: Business results, etc. from the first six months of the business year must be submitted and disclosed within 45 days after the end of the semi-annual period.
  • Quarterly Report: Business results, etc. from the first three months and nine months must be submitted and disclosed within 45 days after the end of each quarterly term.
Main Contents
  • Matters related to the company‚Äôs purpose, trade name, business details, officer compensation, finances, and other matters determined by executive orders (Refer to Article 168 of the Enforcement Decree of the FSCMA and Article 159 of the FSCMA).
Exemptions to Submissions
  • When the number of shareholders of the registered corporation falls below 300.
  • When the submission of business reports is impossible or ineffective due to circumstances such as bankruptcy, etc.