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We read Japanese statutory filings in the original and write down, in English, what they say. Every figure traces to a source; every source is linked; when we are wrong we say so at the top of the piece. Five places to begin:

• What the Rule Translates The thesis, measured. What the Tokyo Stock Exchange’s English-disclosure rule covers, what it leaves out, and what companies actually translate.
• Every Listed Japanese Bank, Measured Every listed Japanese bank — all 83, no sampling — from 50.46% foreign-held down to exactly zero.
• The Guarantee With No Number Kioxia: 68.48% of the register is foreign, and the annual report exists in Japanese.
• One Row for 880,000 Items SMC: 880,000 catalogue items, 700,000 customer accounts, 80 countries — and one row in the statutory table.
• The Ratio Is in the Other Document SoftBank Group: the statutory filing defines the ratio; the voluntary deck is where the number lives.

Behind all of it sits one measurement: foreign ownership read from the XBRL of 3,167 annual securities reports, reconciliation-checked, and free to download. The full archive is at Fragments, newest first.