Japan Stock Files Free · unsigned · primary sources

Fragments

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.

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CompanyCodeSubjectFiled
Nexon3659 3659

Nexon's Average Salary Is 233 People's

Employees 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

Toyota7203NTT9432Mitsui & Co.8031Shin-Etsu Chemical4063SMC6273 7203
9432
8031
4063
6273

What the Dividend Sentence Promises

Dividend 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

Toyota7203Sony Group6758Mitsubishi Corporation8058Oriental Land4661Nintendo7974 7203
6758
8058
4661
7974

The Names in the Shareholder Table

Major 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

Toyota7203Sony Group6758Hitachi6501Keyence6861Nintendo7974 7203
6758
6501
6861
7974

Who Signs the Audit

Audit

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

Toyota7203Sony Group6758Daiichi Sankyo4568Takeda4502Denso6902 7203
6758
4568
4502
6902

R&D by the Numbers

R&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

Keyence6861Murata Manufacturing6981Kyocera6971Advantest6857Tokyo Electron8035 6861
6981
6971
6857
8035

Who the Customer Is

Major 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

Toyota7203Mitsubishi Corporation8058MUFG8306Kyocera6971Nippon Steel5401 7203
8058
8306
6971
5401

Who Still Holds Whom

Cross-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

Toyota7203Sony Group6758Keyence6861Recruit Holdings6098 7203
6758
6861
6098

Two Averages and One Line

Gender 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

How to Read EDINET's Index

EDINET 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

Toyota7203Sony Group6758Nintendo7974Mitsubishi Heavy Industries7011Nippon Steel5401FUJIFILM Holdings4901 7203
6758
7974
7011
5401
4901

What Changed in the Risk Pages

Business 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

Nintendo7974Keyence6861Honda7267Toyota7203 7974
6861
7267
7203

The Same Heading, Thirty-Five Answers

Indicators 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

What Japan's Biggest Companies Pay

Average 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

M32413Tokuyama4043Dentsu Soken4812 2413
4043
4812

M3, Tokuyama, Dentsu Soken

Ownership

Oasis Management filed thirteen large-shareholding documents between 4 and 19 August 2026.

3 min · 15 sources

Three Filings Carry an English File

EDINET 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

The Column Names the Reporter

EDINET 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

The Correction to the Correction

Corrections 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

Thirteen Times Undecided

IPO 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

The Same Field, Twice

Registration 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

One Share, Five Months

Corrections 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

Listed Twice, Described Differently

Semi-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

The Annual Report That Covers Half a Year

Annual 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

Seven Hundred and Thirty Days

Shelf 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

The Correction That Takes It Back

Corrections 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

The Report a Calendar Files

Extraordinary 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

Two Ways to Change a Page

Corrections 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

One Character, One Day

Corrections 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

The Ceiling on the Cover

Investment-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

The Form That Prints What It Withdraws

Corrections 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

The Occasions That Rang

Extraordinary 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

One Week, One Extra Column

Change 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

Four Spellings of Nothing

Confirmation 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

The Thirty-First of July, Printed 166 Times on One Route

Large-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

The Cap That Runs Out First

Buyback 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

Hikari Tsushin9435 9435

The One-Point Band

Disclosure 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

Lifenet Insurance7157 7157

The Page Is Still Called ev.html

Lifenet 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

Nexon3659 3659

One Customer, Three Tables

Nexon'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

Sony Group6758 6758

The Same Twelve Months, Twice

On 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

Nippon Paint Holdings4612 4612

The Goodwill Exceeds the Check

Nippon 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

Rigaku Holdings268A 268A

The Form Asks for Five Years

Rigaku 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

Nissan Motor7201 7201

Five Lines Below Operating Profit

Nissan'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

Sharp6753 6753

The Heading That Stops at Registration

A table in Sharp's annual report puts 74.51% of the holdings under a single heading.

21 min · 15 sources

MISUMI Group9962 9962

Production, Stated at Selling Prices

MISUMI Group Inc. sells standard parts for machines and dies, and other makers' goods over the web.

15 min · 11 sources

ASICS7936 7936

Which Japan Grew

Regions

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

Daito Trust1878 1878

A Contract Longer Than the Year That Reports It

Long 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

Daiichi Sankyo4568 4568

The Field That Does Not Widen

Alliances

Daiichi Sankyo's biggest products are developed and commercialised with someone else.

13 min · 11 sources

Ebara6361 6361

The Sixth Column

Segments

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

Trend Micro4704 4704

Trend Micro Keeps Two Calendars

Software

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

Daikin6367 6367

Eight Regions, Six Regions, and Six Other Regions

Air conditioning

Daikin's consolidated note counts the United States. Its results presentation counts the Americas, for one segment.

13 min · 13 sources

Shiseido4911 4911

One of the Places Is Not a Place

Cosmetics

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

H.U. Group4544 4544

Same Year, Same Three Segments, Two Totals

Clinical 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

MonotaRO3064 3064

Eighty-Two Percent Foreign, Fifty Percent One Name

B2B 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

Keyence6861 6861

One Segment, Eight Digits

Sensors

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

FANUC6954 6954

A Line That Moves Without a Level

Factory 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

Nintendo7974 7974

Two Hundred Nine Million Units, One Noun

Entertainment

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

K Line9107 9107

One Line in the Non-Operating Section

Shipping

K Line's operating income fell 18.2 per cent and its ordinary income fell 64.6 per cent.

11 min · 13 sources

SMC6273 6273

One Row for 880,000 Items

Pneumatics

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

Chugai4519 4519

Eliminated on the Other Side

Pharmaceuticals

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

Tokyo Electron8035 8035

The Percentage Column

Semiconductor 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

Kioxia285A 285A

The Guarantee With No Number

Memory

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

SoftBank Group9984 9984

The Ratio Is in the Other Document

Holding 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

MUFG8306SMFG8316Mizuho8411 8306
8316
8411

Three Banks, One Word, Three Formulas

Banking

Japan's megabanks disclose net business profits, an expense ratio and a foreign ownership ratio.

13 min · 18 sources

Every Listed Japanese Bank, Measured

Foreign 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

What the Rule Translates

English 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

Nitto Denko6988 6988

Three Sentences and a Currency Effect

Films

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

Tokyo Ohka4186 4186

The Four Liquids

Chemicals

Tokyo Ohka Kogyo publishes a table of wavelengths, a 24.7% share and a customer worth a third of sales.

12 min · 25 sources

Murata6981 6981

The Company That Counts Everything Except Its Own Parts

Components

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

Lasertec6920 6920

Lasertec Discloses the Wavelength, Not the Units

Inspection

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

SUMCO3436 3436

The Third Bucket

Wafers

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

Ajinomoto2802 2802

Filed Under Healthcare and Others

Materials

A twenty-micrometre insulating film supplied about two-thirds of the group's profit increase.

14 min · 25 sources

Iwatani8088 8088

The Stove Gets a Line

Energy

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

Nifco7988 7988

Nifco, Per Car

Auto 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

Kubota6326 6326

What Gets Its Own Line

Manufacturing

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

Pilot7846 7846

Pilot's Largest Customer Is Pilot

Consumer brands

A lacquer house from 1918 now ships gel pens to 190 markets and keeps the factories at home.

14 min · 25 sources

Janome6445 6445

Fewer Machines, More Money

Robotics

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

Star Micronics7718 7718

The Year Star Micronics Shipped More Machines and Booked Less

Machine 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

The Jar That Does Not Open

Family 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

The Improvement Period

Delistings 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

The Table Where Japan Keeps Its Hostages

Cross-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

The Shallow End of the Filing

Shareholder proposals · Activism

Activist-side shareholder proposals reached a record 52 Japanese companies this June, on one research house's count.

14 min · 18 sources

The Companies That Do Not Exist in English

Tokyo 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

The Great Unbunkering

Japanese 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