Administrative information disclosure for stakeholders of companies
(Nov.4w,2005)

Japanese TV news said Japanese Financial Services Agency is planning to make the Free Access to Administrative Information Law.
In the news the example of Company R which has forced to make documents to be free access to its administrative information by the request of U.S.A customers.
The company made seventy hundreds large flow charts of detailed administrative activities and it cost eight hundreds million yen! Maintenance cost was not included.

A member of the Japanese Financial Services Agency committee for investigation for the Free Access to Administrative Information Law said in his interview that such a heavy load on a company would result bad influence of its performance and finally would lead to unbeneficial to its stakeholders.

Heavy documentation does not mean the status of being free access to its administrative information. Who does read seventy hundreds large flow charts? Does a stockholder understand seventy hundreds large flow charts? Do seventy hundreds large flow charts really reflect true status of its administration? Who can discern their correctness? Who can find wastes in the flows?

ISO9001 registration systems have experienced failures due to wasteful heavy documentation. They have lead to make fake documents and low morale.
Japanese Financial Services Agency may have not learned the lessons.