Japanese corporate disclosure, read in the original and written in English. https://japanstockfiles.com/ 2026-10-23T00:00:00Z Japan Stock Files Published by ZUZU Inc. Free to read. https://japanstockfiles.com/fragments/three-segments-six-lines-four-names 2026-10-23T00:00:00Z 2026-10-23T00:00:00Z

Note ６．セグメント情報 on pages 137 to 140 of Seiko Epson Corporation's annual securities report for the 84th term, filed June 24, 2026, prints three reporting segments: プリンティングソリューションズ事業 with external revenue of 1,029,483百万円 (US$6,285.0 million) and segment profit of 120,572百万円 (US$736.1 million), ビジュアルコミュニケーション事業 with 181,388百万円 (US$1,107.4 million) and 12,253百万円 (US$74.8 million), and マニュファクチャリング関連・ウエアラブル事業 with 196,868百万円 (US$1,201.9 million) and 10,797百万円 (US$65.9 million), against a segment loss of △3,221百万円 (US$19.7 million) a year earlier, reconciled to group revenue of 1,413,251百万円 (US$8,627.9 million) and 税引前利益 of 50,023百万円 (US$305.4 million). Note 26 on page 165 cuts the revenue, and revenue alone, into six business lines beneath two of the segments, from 695,221百万円 (US$4,244.3 million) for office and home printing to 23,527百万円 (US$143.6 million) for manufacturing solutions. Pages 17 to 19 name four different segments for the plan that begins with fiscal 2026, プレシジョンイノベーションセグメント, インダストリアル＆ロボティクスセグメント, オフィス・ホームプリンティングセグメント and ビジュアル＆ライフスタイルセグメント, and the capital-expenditure plan on page 68 is printed under プレシジョンイノベーション, インダストリアル＆ロボティクス, オフィス・ホームプリンティング and ビジュアル＆ライフソリューションズ. This piece reads the note layer by layer and sets its first part beside the 83rd-term report, where the only textual difference is one product, ページプリンター.

https://japanstockfiles.com/fragments/three-numbers-and-one-target-year 2026-10-22T00:00:00Z 2026-10-22T00:00:00Z

④ 中長期的な成長を見据えた取り組み on page 7 of Tokyo Electron Limited's annual securities report for the 63rd term, filed June 22, 2026, carries three numbers and one year: 売上高3兆円以上 (US$18.3 billion), 営業利益率35%以上 and ROE 30%以上, with 2027年3月期 as the target year, the same three numbers and the same year as the 62nd-term report in a reworded sentence. Page 24 names the same three measures as the indicators of the plan's financial model and, with page 25, prints the year's figures: net sales of 2,443,533百万円 (US$14,917.8 million, up 0.5 percent), an operating margin of 25.6 percent (down 3.1 points) and ROE of 29.6 percent, against 2,431,568百万円 (US$14,844.7 million), 28.7 percent and 30.3 percent a year earlier. Page 71 names 連結営業利益率25.6%等 among the measures behind the year's short-term pay, at an expected average payout rate of 64 percent, and page 72 prints 25.6 and 29.6 percent for the 2023 mid-term incentive plan. Beneath ④ sits a five-year investment plan from 2025年3月期, 研究開発投資 1.5兆円以上 (US$9.2 billion), 設備投資 7,000億円以上 (US$4,274 million) and about 10,000 hires, and the report separately prints the year's 研究開発費 of 277,866百万円 (US$1,696.4 million), 設備投資額 of 2,160億円 (US$1,319 million) and a 従業員数 of 20,236, a headcount rather than a hiring total.

https://japanstockfiles.com/fragments/116-five-columns-and-one-secondment 2026-10-21T00:00:00Z 2026-10-21T00:00:00Z

The figures in （２）【従業員の状況】 of FUJITSU LIMITED's annual securities report for the year to March 2026 — 32,224 employees, average age 42.7, average tenure 17.6 years, average annual salary ¥10,122,665 (US$61,799), and a new fifth column printing 9.0 for the change on the prior year — describe the filing company, 富士通株式会社. A note says the salary is pre-tax, includes overtime and bonuses, and is averaged after removing incoming secondees; another says the headcount fell by 2,626 mainly because the network-products business was split off into 1FINITY株式会社, whose staff page 63 says were seconded rather than having their employment contracts transferred. The group counted 99,203 at March 31, 2026, with an annual average of 8,405 temporary employees reported separately in a note.

https://japanstockfiles.com/fragments/two-indicators-and-one-bonus-table 2026-10-20T00:00:00Z 2026-10-20T00:00:00Z

Part (2) 目標とする経営指標 on page 18 of NEXON Co., Ltd.'s annual securities report for 2025, filed March 24, 2026, names two measures, 売上収益 and 営業利益, and one direction, continuous growth, in two sentences unchanged from the year before. The figures are elsewhere: pages 35 and 38 print revenue of 475,102百万円 (US$2,900.5 million, up 6.5 percent) and operating profit of 124,012百万円 (US$757.1 million, down 0.1 percent), and the annual-bonus table on page 94 prints the targets the report sets for the same two measures, 484,503百万円 (US$2,957.9 million) and 121,700百万円 (US$743.0 million), against 実績 of 475,102百万円 (US$2,900.5 million) and 116,643百万円 (US$712.1 million) and 評価係数 of 98.1％ and 95.8％. New this year under part (4) is a heading on the MapleStory: Idle RPG probability defect, whose trace is a 50 percent cut in the president's performance-linked bonus on page 90 and a refund liability of 12,930百万円 (US$78.9 million) on page 153.

https://japanstockfiles.com/fragments/114-one-resolution-and-twenty-five-dated-rows 2026-10-19T00:00:00Z 2026-10-19T00:00:00Z

The section headed 自己株式の取得等の状況 in the annual securities report of NEC Corporation for the year to March 2026 prints one board resolution, dated February 9, 2026, for up to 6,800,000 shares and 30,000,000,000 yen (US$183.2 million), against which 6,800,000 shares were bought for 27,292,828,300 yen (US$166.6 million), a disposal of 762,600 shares to a share delivery trust with 3,168,603,000 yen (US$19.3 million) in the 処分価額の総額 column, and 35,750,949 shares held at the year-end. The two monthly reports behind the purchase print nine dated rows for February and sixteen for March; two February rows and fifteen March rows print 126,200 shares each. The dividend-policy sentence on the next page changed from 安定的増配の実施に努めてまいります to 安定的増配と自己株買いの機動的判断を行います.

https://japanstockfiles.com/fragments/113-twenty-two-headings-and-one-company-becomes-a-group 2026-10-18T00:00:00Z 2026-10-18T00:00:00Z

The section headed 事業等のリスク in SUMCO CORPORATION's annual securities report for the year to December 2025, filed March 26, 2026, has the same twenty-two numbered items in the same order, on the same pages 22 to 27, as the report filed a year earlier. Beneath the headings, 35 of the 103 sentences are new or rewritten, and 17 of them differ only by two stock substitutions: 当社, the company, has become 当社グループ, the group, in 24 of the 27 places where it stood alone, and 経営成績、財政状態等 has become 経営成績等. The other 18 carry changes beyond those substitutions: a sentence on the limit to market share is gone from (3), a clause on capacity added since 2022 from (9) and an expectation of new plants from (10); data centres head the product list, 特許 gives way to 知的財産, and カーボンニュートラル to ネットゼロ.

https://japanstockfiles.com/fragments/112-one-ratio-becomes-two 2026-10-17T00:00:00Z 2026-10-17T00:00:00Z

The item 役員の報酬等 in CASIO COMPUTER CO.,LTD.'s annual securities report for the year to March 2026 prints 173 million yen (US$1.1 million) for six directors who are neither audit and supervisory committee members nor outside directors, listing fixed remuneration 83 million yen (US$0.51 million), performance-linked 89 million yen (US$0.54 million) and, under 左記のうち、非金銭報酬等, 35 million yen (US$0.21 million); one committee member at 15 million yen (US$0.09 million); and seven outside officers at 50 million yen (US$0.31 million). A year earlier the first row was 217 million yen (US$1.3 million) for five persons. The policy sentence on composition, 固定報酬を60％・業績連動報酬を40％ in the 69th report, now prints two ratios: fixed 40 percent and performance-linked 60 percent for the 代表取締役社長, 50 and 50 for other 取締役. The bonus indicators printed for the year are net sales of 2,762億円 (276.2 billion yen, US$1,686 million) against a target of 2,740億円 (274.0 billion yen, US$1,673 million), operating profit of 230億円 (23.0 billion yen, US$140 million) against 220億円 (22.0 billion yen, US$134 million), and ROE of 8.0 percent against 7.5 percent.

https://japanstockfiles.com/fragments/111-three-resolutions-and-one-march-cancellation 2026-10-16T00:00:00Z 2026-10-16T00:00:00Z

The section headed 自己株式の取得等の状況 in the annual securities report of Hitachi, Ltd. for the year to March 2026 prints 68,675,100 shares bought for 299,999,409,241 yen (US$1,831.5 million) under a board resolution of April 28, 2025, 10,803,800 shares for 52,055,401,296 yen (US$317.8 million) under a resolution of January 29, 2026, a cancellation of 46,000,000 shares dated March 31, 2026, and 35,798,823 shares held at the year-end. A third resolution, dated April 27, 2026, for up to 160,000,000 shares and 500,000,000,000 yen (US$3,052.5 million), had reached 40,223,400 shares and 202,763,432,200 yen (US$1,237.9 million) in the monthly report for August 2026, with 69,997,561 shares held at August 31.

https://japanstockfiles.com/fragments/110-two-lines-in-kadoma-and-one-in-kansas 2026-10-15T00:00:00Z 2026-10-15T00:00:00Z

The section headed 設備の状況 in Panasonic Holdings Corporation's annual securities report for the year to March 2026 is four pages: capital investment of 6,291億円 (US$3,841 million) by segment, against 7,689億円 (US$4,694 million) a year before, three tables of principal facilities in which the largest line is パナソニック エナジー北米㈱ in Kansas, 二次電池の生産設備, at a book value of 971,247 million yen (US$5,929.5 million) with 5,588 employees, where the table dated March 2025 printed 570,451 million yen (US$3,482.6 million) and 625 employees under Delaware and note 33 states that the automotive-battery business was transferred into the company from パナソニック ノースアメリカ㈱, and a plan for fiscal 2026 of 4,800億円 (US$2,930 million). The two parent lines in Kadoma agree with the parent balance sheet and with the filing company's 1,431 employees.

https://japanstockfiles.com/fragments/109-two-ceilings-and-twenty-august-rows 2026-10-14T00:00:00Z 2026-10-14T00:00:00Z

The section headed 自己株式の取得等の状況 in the annual securities report of Murata Manufacturing Co., Ltd. for the year to March 2026 prints 42,158,500 shares bought for 99,999,906,141 yen (US$610.5 million) under a board resolution of April 30, 2025, with the unexercised ratio at 45.2 percent for shares and 0.0 for value, and 142,709,692 shares held at March 31, 2026. A second resolution, dated April 30, 2026, for up to 75,000,000 shares and 150,000,000,000 yen (US$915.8 million), printed dashes in the monthly reports for May, June and July and twenty dated rows in the report for August, reaching 10,401,300 shares and 76,098,800,700 yen (US$464.6 million) by September 30, 2026.

https://japanstockfiles.com/fragments/108-eleven-names-and-two-purposes 2026-10-13T00:00:00Z 2026-10-13T00:00:00Z

The item on shareholdings in FANUC CORPORATION's annual securities report for the year to March 2026, filed June 22, 2026, prints 11 listed issuers held for purposes other than pure investment at a carrying amount of 51,839 million yen (US$316.5 million) and 7 unlisted issuers at 675 million yen (US$4.1 million), with dashes in every cell of the tables for shares bought and sold; a year earlier the same rows read 11 and 31,877 million yen (US$194.6 million), 7 and 1,084 million yen (US$6.6 million), with one listed issuer sold for 99 million yen (US$0.60 million). The named table has eleven rows, the same share count in both years in every one, a purpose cell that reads one of two sentences, and a last column that reads 有 for four.

https://japanstockfiles.com/fragments/107-one-cancellation-and-two-resolutions 2026-10-12T00:00:00Z 2026-10-12T00:00:00Z

The section headed 自己株式の取得等の状況 in SMC CORPORATION's annual securities report for the year to March 2026 prints a cancellation of 3,500,000 shares at 211,317 million yen (US$1,290.1 million) dated May 30, 2025, purchases of 594,400 shares for 29,996 million yen (US$183.1 million) under a board resolution of May 14, 2025, and 719,100 shares held at March 31, 2026. A second resolution, dated May 14, 2026, for up to 800,000 shares and 50,000 million yen (US$305.3 million), stood at 681,100 shares and 47,314,538,000 yen (US$288.9 million) on the monthly report for August 2026.

https://japanstockfiles.com/fragments/106-two-lines-in-one-ward 2026-10-11T00:00:00Z 2026-10-11T00:00:00Z

The section headed 設備の状況 in Lasertec corporation's annual securities report for the year to June 2026 is one page: capital investment of 2,361 million yen (US$14.4 million), against 5,037 million yen (US$30.8 million) a year before, a two-line table of principal facilities, both in Kohoku-ku, Yokohama, with book values of 9,283 million yen (US$56.7 million) and 19,174 million yen (US$117.1 million) and 303 and 231 employees, and one sentence that there is no significant plan for new facilities or disposals. The two lines' totals and headcounts agree with the parent balance sheet and the employee table, and the two land figures are the same in the June 2024, June 2025 and June 2026 tables.

https://japanstockfiles.com/fragments/104-four-lines-where-there-were-five 2026-10-10T00:00:00Z 2026-10-10T00:00:00Z

The section headed 設備の状況 in SONY GROUP CORPORATION's annual securities report for the year to March 2026 prints capital expenditure of 804,946 million yen (US$4,914.2 million) in four segment lines where the June 2025 report printed five, a segment table of book value and headcount whose 合計 line reads land 83,313 million yen (US$508.6 million) on 3,368 thousand square metres, buildings and structures 546,059 million yen (US$3,333.7 million), machinery and other assets 4,042,626 million yen (US$24,680.3 million), right-of-use assets 524,345 million yen (US$3,201.1 million) and 94,900 employees, and a plan of 760,000 million yen (US$4,639.8 million) for the year to March 2027. The line the June 2025 report carried for 金融, the financial segment, is not in the June 2026 tables; the notes state that after the partial spin-off of October 1, 2025 there is no balance for the financial business at March 31, 2026.

https://japanstockfiles.com/fragments/three-paragraphs-and-no-table 2026-10-09T00:00:00Z 2026-10-09T00:00:00Z

The item ３【配当政策】 on page 68 of Kioxia Holdings Corporation's annual securities report for the year to March 2026, filed June 24, 2026, is three paragraphs and no table. It says that the articles let the board resolve dividends, that the two classes of preferred shares which ranked ahead of the common shares were all acquired and cancelled on July 25, 2025, and that the company has begun to consider a progressive dividend policy for part of its shareholder returns. Beside it the reports print the record: a dash in the common-share dividend row for every year from 第３期 to 第８期, preferred dividends of 9,286 million yen (US$56.7 million) and 14,475 million yen (US$88.4 million) resolved on May 15, 2025, and the acquisition of every preferred share for 330,387 million yen (US$2,017.0 million).

https://japanstockfiles.com/fragments/102-sixteen-headings-and-one-new-name 2026-10-08T00:00:00Z 2026-10-08T00:00:00Z

The section headed 事業等のリスク in Tokyo Electron Limited's annual securities report for the year to March 2026, filed June 22, 2026, has the same sixteen numbered items in the same order as the report filed a year earlier, and one of them, (8), is now called リーガル where it was 法令・規制. Beneath the headings, 26 of the 78 sentences under the sixteen items are new or rewritten: market fluctuation gains semiconductor prices as a trigger, supply gains geopolitical risk and supply-chain visibility, the legal item gains trade-secret protection and economic security, and information security grows from 4 sentences to 7 with ransomware, product security and two incident-response teams.

https://japanstockfiles.com/fragments/101-two-segments-and-three-dashes 2026-10-07T00:00:00Z 2026-10-07T00:00:00Z

The section headed 研究開発活動 in NEXON Co., Ltd.'s annual securities report for 2025, filed March 24, 2026, prints 26,429 million yen (US$161.3 million) of research and development expense and a five-row segment table in which 韓国 carries 24,176 million yen (US$147.6 million), その他 2,333 million yen (US$14.2 million), and 日本, 中国 and 北米 a dash. It also says what the group counts as research: the cost of an in-house game between plan approval and commercialisation, with no independent research organisation. This piece reads the table against the pages that say which companies sit in each segment.

https://japanstockfiles.com/fragments/100-the-five-thousand-and-sixty-five 2026-10-06T00:00:00Z 2026-10-06T00:00:00Z

The four figures in 【従業員の状況】 of SUMCO CORPORATION's annual securities report for 2025 — 5,065 employees, average age 42.7, average tenure 14.0 years, average annual salary ¥6,411,907 (US$39,145) — describe the filing company, 株式会社ＳＵＭＣＯ, and a note says the salary includes bonuses and 基準外賃金. The group it heads counted 9,714 at December 31, 2025, plus 769 temporary staff outside that figure, in a single segment; the plants in 伊万里, 大村 and 雲林 appear with their own headcounts in the facilities table.

https://japanstockfiles.com/fragments/99-two-headings-and-one-word 2026-10-05T00:00:00Z 2026-10-05T00:00:00Z

３ 事業等のリスク in NEXON Co., Ltd.'s annual securities report for 2025, filed March 24, 2026, prints the same 16 items in the same order as the report for 2024. Under (3) 法的規制に関わるリスク, six sub-headings become eight with 米国 and EU added; the China item gains two paragraphs on the January 1, 2024 minors regulation and the 版号 system; the personal-data item gains the DSA, the UK Online Safety Act, China's PIPL and Data Security Law, and 約26州 in place of 約20州. Share acquisition rights move from 1.9 percent to 1.4 percent of issued shares, NXC Corporation's 248,462,800 shares from a 30.1 percent voting ratio to 31.3, and 下請法違反 in the litigation item becomes 取適法違反.

https://japanstockfiles.com/fragments/98-three-columns-and-one-target 2026-10-04T00:00:00Z 2026-10-04T00:00:00Z

The item 役員の報酬等 in NIPPON FILCON CO.,LTD.'s annual securities report for the year to November 2025 prints 213,857 thousand yen (US$1.3 million) for five directors who are neither audit and supervisory committee members nor outside directors, in three columns: basic remuneration 173,040 thousand yen (US$1.1 million), performance-linked 15,930 thousand yen (US$0.10 million) and non-monetary 24,887 thousand yen (US$0.15 million); one committee member at 21,180 thousand yen (US$0.13 million); and four outside officers at 28,800 thousand yen (US$0.18 million). The bonus indicator is 事業計画の連結営業利益（役員賞与計上前）, with a target of 542 million yen (US$3.3 million) and an actual of 683 million yen (US$4.2 million); a year earlier the target was 596 million yen (US$3.6 million) and the actual 984 million yen (US$6.0 million), and the table had four rows, one of them for a corporate auditor.

https://japanstockfiles.com/fragments/97-thirty-six-years-and-one-matter 2026-10-03T00:00:00Z 2026-10-03T00:00:00Z

The item 監査の状況 in ALINCO INCORPORATED's annual securities report for the year to March 2026 names 有限責任 あずさ監査法人, in the KPMG group by the report's own heading, prints a continuous audit period of 36年間 with a sentence saying the true period may be longer, counts 26 certified public accountants and 54 other assistants where the June 2025 report counted 6 and 14, and prints a fee of 44 million yen (US$0.27 million) for audit certification work in each of two years, with a dash in every non-audit cell. The auditor's report carries one key audit matter, the period attribution of the parent company's sales within consolidated sales of 62,632 million yen (US$382.4 million); a year earlier the matter was the change in depreciation of rental assets that raised three levels of profit by 1,333,495 thousand yen (US$8.1 million).

https://japanstockfiles.com/fragments/96-a-second-plot-in-seto 2026-10-02T00:00:00Z 2026-10-02T00:00:00Z

The section headed 設備の状況 in RINNAI CORPORATION's annual securities report for the year to March 2026 prints capital expenditure of 17,628 million yen (US$107.6 million), twenty-eight facility lines with book value and headcount, and a seven-line plan table whose fourth line is 7,000 million yen (US$42.7 million) of land at the Seto plant, June 2026 to March 2031, where the June 2025 table had six lines and none for land. The largest facility line by book value is Rinnai Aoyama in Minato-ku, Tokyo, labelled ブランド体験施設, brand experience facility, at 25,585 million yen (US$156.2 million), of which land is 23,090 million yen (US$141.0 million) on 1,844 square metres.

https://japanstockfiles.com/fragments/forty-names-and-one-column 2026-10-01T00:00:00Z 2026-10-01T00:00:00Z

The item on shareholdings in LIXIL Corporation's annual securities report for the year to March 2026, filed June 17, 2026, prints 40 listed issuers held for purposes other than pure investment at a carrying amount of 25,454 million yen (US$155.4 million) and 76 unlisted issuers at 1,320 million yen (US$8.1 million), against 44 and 79 a year earlier; seven listed issuers were reduced or sold during the year for a total sale price of 14,697 million yen (US$89.7 million), four of them, 大東建託, カネカ, トヨタ自動車 and 三井住友建設, to zero. The named table has forty rows for the issuers still held, every one ending in the same clause, and a column that reads 有 for fifteen of them.

https://japanstockfiles.com/fragments/six-rows-and-a-range 2026-09-30T00:00:00Z 2026-09-30T00:00:00Z

Part (5) 中期計画目標 on page 30 of Rigaku Holdings Corporation's annual securities report for 2025, filed March 24, 2026, is a table the PDF carries as an image: for 2027年12月期 it prints revenue of 1,150〜1,200億円 (¥115〜120 billion, US$702 million to US$733 million) at CAGR約10%, adjusted EBITDA of 315〜325億円 (¥31.5〜32.5 billion, US$192 million to US$198 million) at about 27 percent, adjusted operating profit of 265〜275億円 (¥26.5〜27.5 billion, US$162 million to US$168 million) at about 23 percent, a research ratio of about 9 percent, a CAPEX ratio of about 5 percent and 2,500〜2,600人 of staff, beside 2025 actuals of 941億円 (¥94.1 billion, US$574 million), 23.0 percent, 19.8 percent, 7.8 percent, 7.1 percent and 2,226人. Part (7) names six indicators; the sixth, Net Debt/調整後EBITDA, is printed on page 53 at 1.7倍. The targets are the same figures the report filed a year earlier printed on page 29.

https://japanstockfiles.com/fragments/one-sentence-and-fifty-percent 2026-09-29T00:00:00Z 2026-09-29T00:00:00Z

The item ３【配当政策】 on page 70 of ASICS Corporation's annual securities report for 2025, filed March 4, 2026, promises two things in one sentence: a consolidated total-return ratio of 50 percent within the period of 中期経営計画2026, and the continuation of a progressive dividend as the premise. Beside it the reports print the record: ¥28 (US$0.17) a share for 2025, up from ¥6 (US$0.04) at the start of the five-year table, on the basis the report restates for the 2024 split, a 配当性向 of 25.9 percent in the filing company's table, and two board-resolved buybacks in the year of 19,999,927,400円 (US$122.1 million) and 29,999,803,800円 (US$183.1 million), within acquisitions of own shares that the equity statement prints as 50,003 million yen (US$305.3 million).

https://japanstockfiles.com/fragments/92-a-new-line-in-kashiwa 2026-09-28T00:00:00Z 2026-09-28T00:00:00Z

The section headed 設備の状況 in SMC CORPORATION's annual securities report for the year to March 2026 prints capital expenditure of 150,254 million yen (US$917.3 million), up 39.4 percent as the report states, twenty facility lines with book value and headcount, and, on the parent's line of the plan table, 41,300 million yen (US$252.1 million) for the year ahead. The largest line, Japan Technical Center in Kashiwa at 111,175 million yen (US$678.7 million) with 1,425 employees, stands where the June 2025 table's research line was 筑波技術センター at 4,603 million yen (US$28.1 million).

https://japanstockfiles.com/fragments/one-total-and-five-lines 2026-09-28T00:00:00Z 2026-09-27T00:00:00Z

The section headed 研究開発活動 in NITTO DENKO CORPORATION's annual securities report for the year to March 2026 prints one total, 48,025 million yen (US$293.2 million) of research and development expense, then takes out 11,184 million yen (US$68.3 million) for a corporate technology division and closes each of four segment passages with its own figure: Industrial Tape 8,331 million yen (US$50.9 million), Optronics 16,602 million yen (US$101.4 million), Human Life 6,503 million yen (US$39.7 million) and Other 5,403 million yen (US$33.0 million). Around the figures is the report's own account of what each segment is developing, from process tapes for advanced semiconductors to a membrane for sorghum molasses, and what changed in the wording since the year before.

https://japanstockfiles.com/fragments/five-machines-and-one-number 2026-09-26T00:00:00Z 2026-09-26T00:00:00Z

The section headed 研究開発活動 in Lasertec corporation's annual securities report for the year to June 2025 ends with 11,677 million yen (US$71.3 million) of research and development expense, against 12,165 million yen (US$74.3 million) the year before, and says that the description by segment is omitted because the group is one segment. Above the number it names five products released in the year, two for the EUV mask and three beyond it, and the notes, the plan, the risks and the plant tables fill in who does the work and where.

https://japanstockfiles.com/fragments/one-segment-of-research 2026-09-25T00:00:00Z 2026-09-25T00:00:00Z

The section headed 研究開発活動 in Tokyo Electron Limited's annual securities report for the year to March 2026 ends with 277,866 million yen (US$1,696.4 million) of research and development expense, up 11.1 percent, at 11.4 percent of consolidated net sales, and opens by saying the group is one segment, 半導体製造装置, so the segment breakdown is omitted. What sits between is the report's own account of the work: six equipment families, a new DX concept named Epsira, and a paragraph on basic research that looks ten years ahead.

https://japanstockfiles.com/fragments/three-names-then-one 2026-09-24T00:00:00Z 2026-09-24T00:00:00Z

Under (4) 主要な顧客に関する情報 in the segment note of Kioxia Holdings Corporation's annual securities report for the year to March 2026, one customer is printed: Appleグループ, 476,014 million yen (US$2,906.1 million), which the sales table on page 36 puts at 20.4 percent of sales. A year earlier the same note had three rows — Apple, Sandisk and Dell — at 17.6, 11.6 and 10.0 percent; the two names that left the note have no row in it, and the sales table prints them as dashes with a note that their share fell under 10 percent.