Long pieces on Japanese corporate disclosure, read in the original and written in English. Every figure traces to the source it came from, and every source is linked.
| Company | Code | Subject | Filed |
|---|---|---|---|
| Nexon3659 | 3659 | Nexon's Average Salary Is 233 People'sEmployees in Japanese securities reports · Employees The four figures in 【従業員の状況】 of Nexon's annual securities report for 2025 — 233 employees, average age 40.1, average tenure 8.1 years, average annual … 7 min · 10 sources |
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| Toyota7203NTT9432Mitsui & Co.8031Shin-Etsu Chemical4063SMC6273 | 7203 9432 8031 4063 6273 |
What the Dividend Sentence PromisesDividend policy in Japanese securities reports · Dividend policy The item 【配当政策】 in the June 2026 annual securities reports of thirty-five of Japan's largest filers names a target for the dividend going forward — a … 13 min · 36 sources |
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| Toyota7203Sony Group6758Mitsubishi Corporation8058Oriental Land4661Nintendo7974 | 7203 6758 8058 4661 7974 |
The Names in the Shareholder TableMajor shareholders The ten largest registered shareholders in the June 2026 annual securities reports of thirty-five of Japan's largest filers begin, in thirty cases … 16 min · 36 sources |
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| Toyota7203Sony Group6758Hitachi6501Keyence6861Nintendo7974 | 7203 6758 6501 6861 7974 |
Who Signs the AuditAudit Four audit firms sign the June 2026 annual securities reports of thirty-five of Japan's largest filers, and each report prints how long the … 15 min · 71 sources |
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| Toyota7203Sony Group6758Daiichi Sankyo4568Takeda4502Denso6902 | 7203 6758 4568 4502 6902 |
R&D by the NumbersR&D Twenty-eight of thirty-five large filers print a research and development figure in the June 2026 section headed 研究開発活動; seven print a line saying … 15 min · 71 sources |
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| Keyence6861Murata Manufacturing6981Kyocera6971Advantest6857Tokyo Electron8035 | 6861 6981 6971 6857 8035 |
Who the Customer IsMajor customers in the segment note · Customers The segment note of a Japanese annual securities report ends with a line on major customers: any single customer at 10% or more of consolidated … 11 min · 22 sources |
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| Toyota7203Mitsubishi Corporation8058MUFG8306Kyocera6971Nippon Steel5401 | 7203 8058 8306 6971 5401 |
Who Still Holds WhomCross-shareholdings in securities reports · Cross-shareholdings Every listed company's annual securities report carries a section on shares held for purposes other than pure investment — the cross-shareholdings … 11 min · 30 sources |
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| Toyota7203Sony Group6758Keyence6861Recruit Holdings6098 | 7203 6758 6861 6098 |
Two Averages and One LineGender pay gap in Japanese securities reports · Employment For fiscal years ending on or after 31 March 2023, the Japanese annual securities report has carried women's average pay as a percentage of men's — … 11 min · 28 sources |
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| — | — | How to Read EDINET's IndexEDINET API documents.json fields · Disclosure rules documents.json is the EDINET API's document list: one JSON file per calendar date, and each row in its results array carries twenty-nine fields … 11 min · 20 sources |
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| Toyota7203Sony Group6758Nintendo7974Mitsubishi Heavy Industries7011Nippon Steel5401FUJIFILM Holdings4901 | 7203 6758 7974 7011 5401 4901 |
What Changed in the Risk PagesBusiness and other risks in securities reports · Risks Every Japanese annual securities report carries a section headed 事業等のリスク, business and other risks, and since an ordinance amendment of 2019, applied … 18 min · 27 sources |
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| Nintendo7974Keyence6861Honda7267Toyota7203 | 7974 6861 7267 7203 |
The Same Heading, Thirty-Five AnswersIndicators and targets in Japanese securities reports · Targets Indicators and targets (指標及び目標) is the fourth element of the sustainability section in Japan's annual securities report (有価証券報告書), applied to fiscal … 12 min · 17 sources |
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| — | — | What Japan's Biggest Companies PayAverage annual salary in Japanese securities reports · Employment 平均年間給与, the average annual salary, is a line the annual securities report (有価証券報告書) form asks of the filing company, printed under 【従業員の状況】 beside … 5 min · 39 sources |
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| M32413Tokuyama4043Dentsu Soken4812 | 2413 4043 4812 |
M3, Tokuyama, Dentsu SokenOwnership Oasis Management filed thirteen large-shareholding documents between 4 and 19 August 2026. 3 min · 15 sources |
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| — | — | Three Filings Carry an English FileEDINET englishDocFlag · Disclosure rules englishDocFlag is a field on EDINET's document list. The API specification defines it in one sentence: 1 where the filing has an English file, 0 … 4 min · 10 sources |
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| — | — | The Column Names the ReporterEDINET securities-code column · Disclosure rules A hundred and twenty-four large-shareholding documents in one week. The index's securities-code column is filled eleven times, and every time it … 4 min · 13 sources |
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| — | — | The Correction to the CorrectionCorrections to internal control reports · Disclosure rules Ten corrections to internal control reports across five days, and five of them correct a correction. 3 min · 11 sources |
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| — | — | Thirteen Times UndecidedIPO registration statements · Disclosure rules Six companies filed to go public in one week, and the word for undecided appears thirteen or fourteen times in each. 3 min · 11 sources |
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| — | — | The Same Field, TwiceRegistration ceilings for investment trusts · Disclosure rules Three hundred and ninety-three investment-trust registrations across two weeks, and the commonest ceiling is the same number in both. 4 min · 10 sources |
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| — | — | One Share, Five MonthsCorrections to buyback status reports · Disclosure rules Six corrections to buyback reports in one week. Five move the same figure by one; the sixth fills a section that reported nothing. 3 min · 13 sources |
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| — | — | Listed Twice, Described DifferentlySemi-annual reports on the EDINET index · Disclosure rules Four semi-annual reports appear on one week's index under two different terms. The specification says which listing is the corrected one — and that … 5 min · 16 sources |
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| — | — | The Annual Report That Covers Half a YearAnnual securities reports of investment trusts · Disclosure rules One hundred and eighty-two annual securities reports from investment trusts in one week, and the median period is 182 days. 4 min · 13 sources |
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| — | — | Seven Hundred and Thirty DaysShelf registrations and supplements · Disclosure rules Ten shelf registrations opened in one week, every one for exactly that span, and eight draws against shelves already standing. 4 min · 10 sources |
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| — | — | The Correction That Takes It BackCorrections to extraordinary reports · Disclosure rules Thirteen corrections to extraordinary reports in one week, and two of them withdraw the report instead of amending it. 5 min · 13 sources |
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| — | — | The Report a Calendar FilesExtraordinary reports from investment trusts · Disclosure rules Seventy-five extraordinary reports from investment trusts in seven days, and in 72 of them the occasion is that a period closed. 4 min · 11 sources |
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| — | — | Two Ways to Change a PageCorrections to investment-trust registrations · Disclosure rules Thirty-five investment-trust registrations corrected on five days in one week, and a block that prints the new text without the old. 6 min · 11 sources |
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| — | — | One Character, One DayCorrections to shelf registrations · Disclosure rules Thirty-nine corrections to shelf registrations on five days in August, each printing the period for which the registration stands suspended. 8 min · 13 sources |
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| — | — | The Ceiling on the CoverInvestment-trust registration statements · Disclosure rules Two hundred and seventeen investment-trust registrations in nine days, each printing the largest amount it may offer. 9 min · 13 sources |
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| — | — | The Form That Prints What It WithdrawsCorrections to large-shareholding reports · Disclosure rules Thirty-one correction reports on one nine-day list, and a block printed for the version being withdrawn. 10 min · 18 sources |
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| — | — | The Occasions That RangExtraordinary reports and when they are filed · Disclosure rules Japan's extraordinary report is filed only when one of forty-four enumerated occasions occurs. 12 min · 20 sources |
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| — | — | One Week, One Extra ColumnChange reports in large-shareholding filings · Disclosure rules A search of the twenty-three change reports EDINET listed for one week returns the heading 譲渡の相手方 — the name on the other side of the transfer — from … 12 min · 20 sources |
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| — | — | Four Spellings of NothingConfirmation letters in EDINET filings · Disclosure rules EDINET's list for five business days in August carried 198 confirmation letters, each with a second section headed 特記事項 — matters to be specially … 8 min · 14 sources |
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| — | — | The Thirty-First of July, Printed 166 Times on One RouteLarge-shareholding reports and their forms · Disclosure rules Japan's large-shareholding reports print in more than one form. In one week of EDINET filings, 166 of the 170 that name Article 27-26's special … 11 min · 16 sources |
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| — | — | The Cap That Runs Out FirstBuyback status reports · Disclosure rules Japan's buyback status report gives progress a line and two value columns, so each line has room for two percentages. 10 min · 20 sources |
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| Hikari Tsushin9435 | 9435 | The One-Point BandDisclosure rules Fourteen large-shareholding documents, fourteen different issuers, eleven days. Twelve of them print a before-and-after ratio, and ten of the eleven … 12 min · 17 sources |
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| Lifenet Insurance7157 | 7157 | The Page Is Still Called ev.htmlLifenet Insurance files audited numbers under two accounting regimes, then keeps the figures it manages by — a company-defined capital measure, two … 16 min · 13 sources |
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| Nexon3659 | 3659 | One Customer, Three TablesNexon's fiscal 2025 filings cut ¥475.1 billion (US$2.9 billion) of revenue three ways — by product, by place, by segment. 12 min · 13 sources |
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| Sony Group6758 | 6758 | The Same Twelve Months, TwiceOn 18 June 2026 Sony described its year to March twice — once on Japan's securities-report form, once on the SEC's Form 20-F. 16 min · 11 sources |
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| Nippon Paint Holdings4612 | 4612 | The Goodwill Exceeds the CheckNippon Paint Holdings paid ¥332,017 million (US$2,027 million) for AOC and booked ¥458,314 million (US$2,798 million) of goodwill against it. 15 min · 14 sources |
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| Rigaku Holdings268A | 268A | The Form Asks for Five YearsRigaku Holdings files a five-column annual report on a five-year corporate life. The dashes mark where the form and the filer do not yet overlap. 14 min · 15 sources |
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| Nissan Motor7201 | 7201 | Five Lines Below Operating ProfitNissan's income statement for the year ended March 2026 prints ¥576.8 billion (US$3.52 billion) of special losses in five line items; the plan's … 12 min · 13 sources |
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| Sharp6753 | 6753 | The Heading That Stops at RegistrationA table in Sharp's annual report puts 74.51% of the holdings under a single heading. 21 min · 15 sources |
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| MISUMI Group9962 | 9962 | Production, Stated at Selling PricesMISUMI Group Inc. sells standard parts for machines and dies, and other makers' goods over the web. 15 min · 11 sources |
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| ASICS7936 | 7936 | Which Japan GrewRegions ASICS prints two growth rates for one country over one year, and a third table yields a third. All three are correct. 17 min · 13 sources |
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| Daito Trust1878 | 1878 | A Contract Longer Than the Year That Reports ItLong contracts Daito Trust Construction is listed on two exchanges, files once, and publishes a reference trial of what a 2028 lease standard would do to its … 24 min · 15 sources |
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| Daiichi Sankyo4568 | 4568 | The Field That Does Not WidenAlliances Daiichi Sankyo's biggest products are developed and commercialised with someone else. 13 min · 11 sources |
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| Ebara6361 | 6361 | The Sixth ColumnSegments Ebara's segment note itemises six things by segment; the Japanese business sections of the same filing add backlog, order intake, production and … 23 min · 11 sources |
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| Trend Micro4704 | 4704 | Trend Micro Keeps Two CalendarsSoftware Deferred revenue in current liabilities of ¥236,085m (US$1,441.3m) at 31 December 2025 sits against ¥275,984m (US$1,684.9m) of revenue recognised in … 17 min · 15 sources |
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| Daikin6367 | 6367 | Eight Regions, Six Regions, and Six Other RegionsAir conditioning Daikin's consolidated note counts the United States. Its results presentation counts the Americas, for one segment. 13 min · 13 sources |
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| Shiseido4911 | 4911 | One of the Places Is Not a PlaceCosmetics Shiseido put a country and a sales channel into one reportable line, restated the prior year onto the new axis, and changed what a segment profit … 10 min · 13 sources |
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| H.U. Group4544 | 4544 | Same Year, Same Three Segments, Two TotalsClinical testing H.U. Group's segment names have not changed since 2021, and the prior year's segment figures are the same in both filings that print them. 12 min · 13 sources |
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| MonotaRO3064 | 3064 | Eighty-Two Percent Foreign, Fifty Percent One NameB2B commerce The seven categories of MonotaRO's register add to their printed total, and the year's 0.97 point of operating margin splits cleanly in two. 14 min · 13 sources |
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| Keyence6861 | 6861 | One Segment, Eight DigitsSensors Keyence's 57th annual report carries one reportable segment, no customer at ten per cent, four listed facilities — and an average salary given to the … 13 min · 16 sources |
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| FANUC6954 | 6954 | A Line That Moves Without a LevelFactory automation FANUC's year of order intake occupies one line of one document, and the balance those orders accumulate into is not printed in any of the filings … 11 min · 19 sources |
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| Nintendo7974 | 7974 | Two Hundred Nine Million Units, One NounEntertainment Nintendo counts consoles in 台 and games in 本. The English presentation calls both "units," which makes the addition valid and the sum unusable. 11 min · 13 sources |
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| K Line9107 | 9107 | One Line in the Non-Operating SectionShipping K Line's operating income fell 18.2 per cent and its ordinary income fell 64.6 per cent. 11 min · 13 sources |
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| SMC6273 | 6273 | One Row for 880,000 ItemsPneumatics SMC reports a whole year of sales on a single line of its annual securities report. The finer cuts live in a voluntary deck, and the report itself is … 11 min · 13 sources |
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| Chugai4519 | 4519 | Eliminated on the Other SidePharmaceuticals Chugai's Japanese results give ¥724,053 million (US$4,420.3 million) of sales to Roche, ¥258,731 million (US$1,579.6 million) of purchases and … 11 min · 13 sources |
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| Tokyo Electron8035 | 8035 | The Percentage ColumnSemiconductor equipment Tokyo Electron's Japanese-only percentage column turns out to be one division the English filing leaves the reader to perform, inside a sub-section … 13 min · 14 sources |
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| Kioxia285A | 285A | The Guarantee With No NumberMemory Sixty-eight percent of the units in Kioxia's own ownership table sit in its foreign categories, and the English version of the annual report is a … 16 min · 19 sources |
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| SoftBank Group9984 | 9984 | The Ratio Is in the Other DocumentHolding companies SoftBank Group's English shelf is unusually heavy for a Japanese issuer — a 93-page earnings report, a 112-page integrated report, a 149-page … 15 min · 16 sources |
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| MUFG8306SMFG8316Mizuho8411 | 8306 8316 8411 |
Three Banks, One Word, Three FormulasBanking Japan's megabanks disclose net business profits, an expense ratio and a foreign ownership ratio. 13 min · 18 sources |
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| — | — | Every Listed Japanese Bank, MeasuredForeign ownership of Japan's 83 listed banks · Banking Foreign ownership across the 83 listed banks, as we compute it from their own filings, runs from 50.46 percent down to 0.00 percent. 12 min · 22 sources |
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| — | — | What the Rule TranslatesEnglish disclosure and foreign ownership · Disclosure Tokyo's English-disclosure obligation covers earnings and timely disclosure. We measured foreign ownership across 3,167 filers and then checked 24 of … 11 min · 19 sources |
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| Nitto Denko6988 | 6988 | Three Sentences and a Currency EffectFilms Nitto Denko's optical film segment lost 13.4% of its profit, and the annual report explains it in three sentences and one number. 12 min · 18 sources |
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| Tokyo Ohka4186 | 4186 | The Four LiquidsChemicals Tokyo Ohka Kogyo publishes a table of wavelengths, a 24.7% share and a customer worth a third of sales. 12 min · 25 sources |
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| Murata6981 | 6981 | The Company That Counts Everything Except Its Own PartsComponents Murata says a phone holds about a thousand ceramic capacitors and that it makes more than a trillion pieces a year. 11 min · 20 sources |
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| Lasertec6920 | 6920 | Lasertec Discloses the Wavelength, Not the UnitsInspection One segment, no unit counts, and no quarterly order book since 2024. What the company still prints decomposes anyway — into services, output and a … 17 min · 24 sources |
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| SUMCO3436 | 3436 | The Third BucketWafers Operating profit fell 96.4 percent in 2025, and Sumco publishes a four-part bridge to explain it. Depreciation gets a line of its own. 13 min · 19 sources |
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| Ajinomoto2802 | 2802 | Filed Under Healthcare and OthersMaterials A twenty-micrometre insulating film supplied about two-thirds of the group's profit increase. 14 min · 25 sources |
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| Iwatani8088 | 8088 | The Stove Gets a LineEnergy For one year, in one slide, Iwatani's portable butane stove carries a number of its own — ¥940 million ($5.74 million) off segment profit, with no … 14 min · 22 sources |
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| Nifco7988 | 7988 | Nifco, Per CarAuto parts The English page describes the company in five words. The mechanism is a number per car, and the disclosures carry two different versions of it. 14 min · 21 sources |
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| Kubota6326 | 6326 | What Gets Its Own LineManufacturing Kubota casts water pipe in Amagasaki and crankcases in Osaka, and reports a 2025 profit bridge in which the tariff line is larger than the fall it … 18 min · 23 sources |
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| Pilot7846 | 7846 | Pilot's Largest Customer Is PilotConsumer brands A lacquer house from 1918 now ships gel pens to 190 markets and keeps the factories at home. 14 min · 25 sources |
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| Janome6445 | 6445 | Fewer Machines, More MoneyRobotics A sewing machine company sold 9 percent fewer machines and took 3.5 percent more revenue for them, its robot shipments more than doubled, and its own … 20 min · 25 sources |
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| Star Micronics7718 | 7718 | The Year Star Micronics Shipped More Machines and Booked LessMachine tools Machine tool units rose 1.9 percent in 2024 while segment revenue fell 17.2. The company's own tables print two different average prices for Japan … 14 min · 23 sources |
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| — | — | The Jar That Does Not OpenFamily and founder holdings in Japan · Succession Everyone quotes the figure that 41 percent of the world's century-old companies are Japanese. 13 min · 17 sources |
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| — | — | The Improvement PeriodDelistings and going private in Japan · Going private Tokyo's listed-company count is falling. Part of it is a rulebook with a clock in it, and part of it is a bid at a premium. 11 min · 18 sources |
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| — | — | The Table Where Japan Keeps Its HostagesCross-holdings · Cross-holdings Sixteen years of amendments have turned the cross-shareholding schedule into the most legible page in a Japanese annual report. 14 min · 17 sources |
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| — | — | The Shallow End of the FilingShareholder proposals · Activism Activist-side shareholder proposals reached a record 52 Japanese companies this June, on one research house's count. 14 min · 18 sources |
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| — | — | The Companies That Do Not Exist in EnglishTokyo Stock Exchange English disclosure rule · Disclosure Tokyo made English disclosure compulsory for roughly 1,600 Prime-listed domestic companies, and self-reported implementation reached 99.6 percent. 11 min · 17 sources |
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| — | — | The Great UnbunkeringJapanese corporate cash and deposits · Corporate cash Japanese companies held 366.7 trillion yen ($2.24 trillion) of currency and deposits at the end of March 2026, an all-time high and still a … 11 min · 16 sources |