Moreover, it should be noted that, given the ASBJ's central role,
the purpose of financial reporting, as stated in Chapter 1 of this Discussion Paper,
was prepared with the disclosure system of the securities market primarily in mind.
Thus, this Conceptual Framework was developed for the information disclosure of the securities market,
which applies mainly to public companies.
Nevertheless, the ASBJ believes that the accounting standards developed based on this Conceptual Framework,
which was developed for the information disclosure of the securities market,
would be useful for the various users of financial statements.