Japan Stock FilesJapanese corporate disclosure, read in the original and written in English.https://japanstockfiles.com/2026-07-31T00:00:00ZJapan Stock FilesPublished by ZUZU Inc. Free to read.One Segment, Eight Digitshttps://japanstockfiles.com/fragments/one-segment-one-number2026-07-31T00:00:00Z2026-07-31T00:00:00ZKeyence's 57th annual report carries one reportable segment, no customer at ten per cent, four buildings and no plant — and an average salary given to the last yen.A Line That Moves Without a Levelhttps://japanstockfiles.com/fragments/the-order-that-has-not-become-a-sale2026-07-31T00:00:00Z2026-07-31T00:00:00ZFANUC'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 opened here — so the identity every backlog obeys can be run only halfway.Two Hundred Nine Million Units, One Nounhttps://japanstockfiles.com/fragments/two-units-one-word2026-07-31T00:00:00Z2026-07-31T00:00:00ZNintendo counts consoles in 台 and games in 本. The English presentation calls both "units," which makes the addition valid and the sum unusable. The definitional questions underneath it are the larger ones.One Line in the Non-Operating Sectionhttps://japanstockfiles.com/fragments/the-half-you-do-not-consolidate2026-07-31T00:00:00Z2026-07-31T00:00:00ZK Line's operating income fell 18.2 per cent and its ordinary income fell 64.6 per cent. The company that explains the difference is 2.45 times its size, is not consolidated, and is summarised differently by each of its three owners.One Row for 880,000 Itemshttps://japanstockfiles.com/fragments/the-catalogue-and-the-filing2026-07-31T00:00:00Z2026-07-31T00:00:00ZSMC 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 one of four documents the company lists as Japanese only.Eliminated on the Other Sidehttps://japanstockfiles.com/fragments/the-parent-that-does-not-file2026-07-31T00:00:00Z2026-07-31T00:00:00ZChugai'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 ¥183,032 million (US$1,117.4 million) of dividends. Roche's own report gives none of those amounts, because consolidation eliminates them.The Percentage Columnhttps://japanstockfiles.com/fragments/the-machines-that-make-the-machines2026-07-30T00:00:00Z2026-07-30T00:00:00ZTokyo Electron's Japanese-only percentage column turns out to be one division the English filing leaves the reader to perform, inside a sub-section that otherwise holds two statements of non-disclosure and a cross-reference.The Guarantee With No Numberhttps://japanstockfiles.com/fragments/two-thirds-of-the-owners2026-07-30T00:00:00Z2026-07-30T00:00:00ZSixty-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 partial translation that does not include the shareholder register. The mirror half of the guarantee its risk factors describe — the partner's own 50 percent — is quantified in Sandisk's 10-K, under a different regime and as of a date nine months earlier. Kioxia's half is printed by neither company.The Ratio Is in the Other Documenthttps://japanstockfiles.com/fragments/the-holding-company-that-holds2026-07-30T00:00:00Z2026-07-30T00:00:00ZSoftBank Group's English shelf is unusually heavy for a Japanese issuer — a 93-page earnings report, a 112-page integrated report, a 149-page statements-and-notes booklet, a 55-slide finance deck. The one filing Tokyo does not require it to translate holds a different set of numbers than you would guess, and the metric it defines but does not quantify is reported somewhere else.Three Banks, One Word, Three Formulashttps://japanstockfiles.com/fragments/three-banks-one-number2026-07-30T00:00:00Z2026-07-30T00:00:00ZJapan's megabanks disclose net business profits, an expense ratio and a foreign ownership ratio. Reading the definition footnotes turns out to be the entire job.Every Listed Japanese Bank, Measuredhttps://japanstockfiles.com/fragments/the-bank-with-no-foreign-shareholders2026-07-30T00:00:00Z2026-07-30T00:00:00ZForeign ownership across the 83 listed banks, as we compute it from their own filings, runs from 50.46 percent down to 0.00 percent. The English-disclosure rule that shapes what those owners can read stops at the edge of one exchange.What the Rule Translateshttps://japanstockfiles.com/fragments/the-part-that-is-not-required2026-07-29T00:00:00Z2026-07-29T00:00:00ZTokyo's English-disclosure obligation covers earnings and timely disclosure. We measured foreign ownership across 3,167 filers and then checked 24 of them document by document.Three Sentences and a Currency Effecthttps://japanstockfiles.com/fragments/the-film-between-you-and-the-screen2026-07-28T00:00:00Z2026-07-28T00:00:00ZNitto Denko's optical film segment lost 13.4% of its profit, and the annual report explains it in three sentences and one number. What the arithmetic reaches, and where it stops.The Four Liquidshttps://japanstockfiles.com/fragments/the-liquid-that-draws-the-line2026-07-28T00:00:00Z2026-07-28T00:00:00ZTokyo Ohka Kogyo publishes a table of wavelengths, a 24.7% share and a customer worth a third of sales. It does not publish a single unit of volume, so the growth cannot be taken apart — and the one audited profit figure for an overseas arm that this reporting could locate sits in a Korean-language filing with a Korean regulator.The Company That Counts Everything Except Its Own Partshttps://japanstockfiles.com/fragments/the-count-in-your-pocket2026-07-28T00:00:00Z2026-07-28T00:00:00ZMurata says a phone holds about a thousand ceramic capacitors and that it makes more than a trillion pieces a year. Its production and order tables state amounts at selling price, so volume and price arrive fused — except in one bridge, every line of which the company labels an estimate.Lasertec Discloses the Wavelength, Not the Unitshttps://japanstockfiles.com/fragments/the-instrument-that-checks-the-mask2026-07-28T00:00:00Z2026-07-28T00:00:00ZOne segment, no unit counts, and no quarterly order book since 2024. What the company still prints decomposes anyway — into services, output and a raised forecast with no series behind it.The Third Buckethttps://japanstockfiles.com/fragments/the-disc-before-the-chip2026-07-28T00:00:00Z2026-07-28T00:00:00ZOperating profit fell 96.4 percent in 2025, and Sumco publishes a four-part bridge to explain it. Depreciation gets a line of its own. Volume and price share one.Filed Under Healthcare and Othershttps://japanstockfiles.com/fragments/the-seasoning-in-the-package2026-07-28T00:00:00Z2026-07-28T00:00:00ZA twenty-micrometre insulating film supplied about two-thirds of the group's profit increase. It has no segment, no printed margin, and, since March, a shareholder asking for the first of those.The Stove Gets a Linehttps://japanstockfiles.com/fragments/the-cartridge-at-the-end2026-07-27T00:00:00Z2026-07-27T00:00:00ZFor 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 volume, no revenue and no level attached to it.Nifco, Per Carhttps://japanstockfiles.com/fragments/the-name-on-the-buckle2026-07-27T00:00:00Z2026-07-27T00:00:00ZThe English page describes the company in five words. The mechanism is a number per car, and the disclosures carry two different versions of it.What Gets Its Own Linehttps://japanstockfiles.com/fragments/the-toll-on-every-elbow2026-07-27T00:00:00Z2026-07-27T00:00:00ZKubota 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 explains. On which numbers the company separates, and which it does not.Pilot's Largest Customer Is Pilothttps://japanstockfiles.com/fragments/the-pen-that-was-lacquer2026-07-27T00:00:00Z2026-07-27T00:00:00ZA lacquer house from 1918 now ships gel pens to 190 markets and keeps the factories at home. Its Japanese margin depends on which of the company's own denominators you use; in the first quarter of 2026 every region sold more and the group earned less.Fewer Machines, More Moneyhttps://japanstockfiles.com/fragments/the-machine-that-sews2026-07-27T00:00:00Z2026-07-27T00:00:00ZA 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 disclosure will not tell you whether either was price or mix.The Year Star Micronics Shipped More Machines and Booked Lesshttps://japanstockfiles.com/fragments/the-lathe-and-the-receipt2026-07-27T00:00:00Z2026-07-27T00:00:00ZMachine 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, and a hundred-year filing record ends with an earnings release.The Jar That Does Not Openhttps://japanstockfiles.com/fragments/the-jar2026-07-26T00:00:00Z2026-07-26T00:00:00ZEveryone quotes the figure that 41 percent of the world's century-old companies are Japanese. The firm that published it revised the number to 50.1 percent in its next edition, and about three of the nine points came from the world total shrinking. Two numbers here are not ratios: 67,210 and 125.The Improvement Periodhttps://japanstockfiles.com/fragments/the-quiet-exit2026-07-26T00:00:00Z2026-07-26T00:00:00ZTokyo'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.The Table Where Japan Keeps Its Hostageshttps://japanstockfiles.com/fragments/the-hostage-exchange2026-07-26T00:00:00Z2026-07-26T00:00:00ZSixteen years of amendments have turned the cross-shareholding schedule into the most legible page in a Japanese annual report. The one field designed to produce a number produces a sentence explaining why the number is difficult.The Shallow End of the Filinghttps://japanstockfiles.com/fragments/the-polite-activist2026-07-26T00:00:00Z2026-07-26T00:00:00ZActivist-side shareholder proposals reached a record 52 Japanese companies this June, on one research house's count. Two proposals carried across the entire season, on another's. A field guide to what the filings are actually for.The Companies That Do Not Exist in Englishhttps://japanstockfiles.com/fragments/nothing-in-english2026-07-26T00:00:00Z2026-07-26T00:00:00ZTokyo made English disclosure compulsory for roughly 1,600 Prime-listed domestic companies, and self-reported implementation reached 99.6 percent. The interesting numbers are on the other side of the boundary.The Great Unbunkeringhttps://japanstockfiles.com/fragments/the-great-unbunkering2026-07-25T00:00:00Z2026-07-25T00:00:00ZJapanese 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 preliminary figure. The story is usually anchored in three weeks of November 1997. Most of the money arrived after 2010.