Fujitsu Announces World's First XBRL Software to Support Latest Table
LinkbaseFujitsu Announces World's First XBRL Software to Support Latest Table
FUJITSU Software Interstage XWand V13 made globally available
Tokyo, Apr 17, 2013 - (JCN Newswire) - Fujitsu today announced the immediate
global availability of the latest version of its market-leading XBRL software,
Interstage XWand V13. This is the world's first XBRL software to support
the latest Table Linkbase(1) specification.
The new XBRL software makes it possible to convert XBRL data into table format
and to automatically generate input forms, all without any additional
programing. This substantially reduces development costs for applications that
display and edit XBRL data. In addition, in reading and validating growing
volumes of XBRL data, the software consumes up to 60% less memory and processes
at speeds up to 300 times(2) that of previous Interstage XWand versions.
Furthermore, by providing the ability to automatically validate compliance with
the Global Filing Manual(3), a common set of global rules for XBRL filings, the
software helps users produce high-quality XBRL data.
Boasting advanced technological capabilities along with high performance and
standards compliance, the Fujitsu Interstage XWand has to date been employed by
over 100 institutions and companies in 34 countries worldwide, including the
Bank of Spain, the U.S. Securities and Exchange Commission (SEC), the EDINET
system(4) at Japan's Financial Services Agency, and the Tokyo Stock
Exchange's TDnet system(5); to name just a few. Interstage XWand is
currently the leader in XBRL product market share globally(6).
Fujitsu has been part of the XBRL Consortium from its inception and has
actively led several initiatives within the consortium across the globe,
contributing significantly in the development and adoption of XBRL
specifications. Leveraging these experiences and know-how, Fujitsu Interstage
XWand continues to provide the best conformance to the most up-to-date XBRL
Fujitsu will be exhibiting Interstage XWand V13 at the 26th International XBRL
Conference, to be held from April 16-18 in Dublin, Ireland.
Financial oversight institutions in a host of different countries currently
employ XBRL, including the Tokyo Stock Exchange and Financial Services Agency
in Japan and the SEC in the U.S. From next year, regulatory agencies across
Europe are also slated to mandate XBRL adoption. To further improve the
convenience of XBRL, revisions are being made to current specifications, and
new specifications are being developed, with Europe on track to adopt the new
Table Linkbase. Moreover, in recent years there has been an increasing need to
collect and oversee data on an itemized level, and demand exists for technology
that can rapidly process and validate growing volumes of XBRL data.
In providing products that conform to the most up-to-date specifications while
enabling high-speed processing and low memory consumption—essential elements
for large-scale data collection—Fujitsu strives to offer enhanced convenience
for XBRL filers, government agencies, and other users.
1. Support for latest Table Linkbase specification allows XBRL data display
and edits without additional programming
Until now, it has been necessary to develop specialized programs in order to
display and edit XBRL data in the same table format used in actual reports. In
recent years, however, more organizations have been employing multidimensional
data in XBRL format, which has led to the need for increasingly complex
Interstage XWand V13 is the world's first commercial implementation to
support the latest Table Linkbase specification. By defining table structures
according to theTable Linkbase specification, users can convert XBRL data into
table format without any additional programming, thereby simplifying the
application development process. In addition, to create XBRL input forms in
Microsoft Excel format, it was previously necessary to define mapping using a
tool. The new software streamlines this process and enables input forms to be
2. Enables high-speed and low-memory validation of growing XBRL data sets
Although users to date have primarily been focused on collecting aggregate
XBRL data, the scope of data collection is now expanding to include
itemized-level data. Because this has resulted in a dramatic increase in the
volume of data handled, it is beginning to have an operational impact in terms
of the substantial memory consumption and processing time requirements.
Through further optimization of the engine, this version of Interstage XWand
delivers a 60% reduction in memory consumption when reading large-scale XBRL
data and validating using Formula specification(7). Additionally, the use of a
proprietary acceleration algorithm and the support of parallel processing
enables the software to perform validation processing at speeds up to 300x that
of previous Fujitsu products. As a result, it is possible to rapidly validate
large-scale XBRL data and collect high-quality itemized data.
3. Provides support for validation according to the Global Filing Manual
Japan's Financial Services Agency is already set to adopt Global Filing
Manual (GFM) rules, a common set of global rules for XBRL filings, in the next
generation of its EDINET system. Furthermore, GFM is expected to become
mandated on a global level.
Over 200 rules are outlined in the GFM, and Interstage XWand V13 provides
automatic validation functionality for about 120 of these rules. With an API,
the software also makes it easy to validate XBRL data at the time of collection
and to perform validation using applications. The Interstage XWand Toolkit
package of XBRL tools also supports validation by allowing users to check, both
on screen and in report form, for errors in data items where automatic
validation is possible.
(1) World's first to support the latest Table Linkbase: According to
Fujitsu research, this is the world's first software to support XBRL, a
specification defining table structures for displaying and editing XBRL data.
(2) Up to 300 times performance improvement: Roughly 300 times improvement in
performance measured when performing Formula validation on a single-thread 1GB
(3) Global Filing Manual: A shared global compilation of rules based on rules
for filing XBRL data that were previously independently defined by separate
(4) EDINET:Electronic Disclosure for Investors' NETwork. An electronic
disclosure system for documents disclosed in accordance with Japan's
Financial Instruments and Exchange Act. The system also enables securities
filings and other disclosure documents to be accessible on the Internet.
(5) TDnet:Timely Disclosure network. A service that gathers timely disclosure
information from publicly listed companies throughout Japan and provides it in
real-time to investors and other users.
(6) XBRL product market share: According to Fujitsu's own research.
(7) Formula specification: An XBRL specification defining rules for validating
and computing XBRL data content.
About Fujitsu Limited
Fujitsu is the leading Japanese information and communication technology (ICT)
company offering a full range of technology products, solutions and services.
Over 170,000 Fujitsu people support customers in more than 100 countries. We
use our experience and the power of ICT to shape the future of society with our
customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.5
trillion yen (US$54 billion) for the fiscal year ended March 31, 2012. For more
information, please see www.fujitsu.com.
Public and Investor Relations
Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net
Provider ID: 00026614
Press spacebar to pause and continue. Press esc to stop.