Japan's accounting standards board is embracing a broader use of eXtensible Business Reporting Language, according to Makoto Shibata, principal analyst in Bank of Tokyo-Mitsubishi UFJ's e-business and IT initiatives division. Japan adopted XBRL in 2008, but its use has so far been limited. Now, XBRL is gaining traction for accounting, pricing data and corporate sustainability reports, he said. Learn more about XBRL and its uses and benefits on .