Takatori Corporation
Cite as: Japan IR Index, Takatori Corporation (6338), methodology GNT-BDS v1.1.1, reviewed 2026-10-12.
Findings and sources as of the review date shown. The company’s English disclosure may have changed since.
Where to start
Chosen from this company's lowest answers, easiest first. A quick fix uses material the company already has; a translation fix is usually met by translating a Japanese document (our note says whether this company has one). Questions that need a budget or a board decision are left out. Suggestions drawn from the research, separate from the scores.
F6 Multi-year financial data file (Excel or CSV) downloadable in English 0/5 Quick fix
Post the financial figures the company already publishes as an Excel or CSV file with English labels.
G3 Board skills matrix published in English 0/5 Quick fix
Publish the skills matrix from the Japanese AGM notice in English.
G6 Shareholder vote results disclosed in English 0/5 Quick fix
Publish the vote counts from the Japanese extraordinary report in English.
O6 English archive genuinely populated, not an unverifiable shell 2/5 Quick fix
Fill the English archive with the past English documents the company already has.
English disclosure assessment
Compared with peers
| Peer group | Median | This company |
|---|---|---|
| Same sector (Machinery) | 76.4 | 37 of 39 |
| Same size band (Under ¥100bn) | 51.4 | 22 of 25 |
Compared with the companies covered here, not the whole market. Sector is the TSE 33-sector classification; market cap is from kabutan.jp, 19 Oct 2026; it only sets the size band, plays no part in the score, and is refreshed once a quarter. Ties share the higher rank.
Out of 100.
Of the 34 questions reviewed, 8 scored 3 or more and 21 found no qualifying English materials within the stated review scope. Read each score with its source and scope below.
Findings by question
F1Quarterly and full-year results summaries (tanshin) published in English0/5
No English tanshin. The English Financial Information section (Financial Highlights, Electronic Public Notice) and the English News & Release page carry no results summaries; the Japanese 決算短信・有価証券報告書 page (latest: Q3 FY Sept 2026, 7 August 2026) lists Japanese PDFs only.
F2English results summary is a full translation, not an excerpt0/5
No English tanshin. The English Financial Information top, Financial Highlights, Electronic Public Notice and News & Release pages carry no results summary; the Japanese 決算短信・有価証券報告書 page lists every tanshin from FY2020 to Q3 FY Sept 2026 (7 Aug 2026, 10 pp, with segment note) in Japanese only.
F3Financial statements including notes available in English0/5
No English financial statements with notes from any source: no English tanshin, securities report, annual or integrated report. The only English financial content is the Financial Highlights page of five bar-chart images (sales, ordinary profit, net income, EPS, total/net assets, R&D, 65th-69th fiscal years), which is headline figures without statements.
F4Annual securities report available in English in any form0/5
No securities report in English under any name. The 有価証券報告書 (FY Sept 2025, 18 December 2025) and 半期報告書 are on the Japanese tanshin page only; the English site has no library.
F5Segment revenue and profit disclosed in English, consistent definitions0/5
No segment figures in English. The Japanese Q3 FY2026 tanshin gives sales and segment profit by reportable segment (narrative p4 and segment note p9), and the 株主通信 has セグメントの業績, but neither has an English version; the English Financial Highlights charts are company totals only. The English product pages name the business lines (wire saws/advanced materials, semiconductor, display, textile, medical) without any numbers.
F6Multi-year financial data file (Excel or CSV) downloadable in English0/5
No downloadable data file. The English IR pages (Financial Information top, Financial Highlights, Electronic Public Notice, News & Release 2025/2026) link no .xlsx/.xls/.csv; the Financial Highlights page is five years of bar-chart images only, which do not count.
F7Guidance disclosed in English with the basis explained0/5
No English guidance. The FY Sept 2026 forecast (re-issued on a non-consolidated basis on 14 May 2026, 特別利益の計上…通期業績予想の公表に関するお知らせ) and the forecast sections of the tanshin are in Japanese only; nothing on the English IR pages or News & Release states a forecast or explains its absence.
F8English financial disclosure current to the latest Japanese filing period2/5
The only English financial content is the Financial Highlights page: five bar charts (sales, ordinary profit, net income, EPS, total/net assets, R&D) for the 65th-69th fiscal years, ending with the 69th (year to September 2025: sales 7,330 million yen, matching the Japanese FY2025 tanshin), updated 22 December 2025. The Japanese side has since filed Q1, H1 and Q3 FY Sept 2026 (latest 7 August 2026). Three reporting periods behind, headline charts only: beyond the two-periods band, so the floor below it. Source document →
S1Medium-term management plan in English with numerical targets0/5
No medium-term plan in either language. The English site (Company Information, President's message for the 71st fiscal year, Financial Information) has no plan or numerical targets; the Japanese IR pages (tanshin, 株主通信, その他開示情報) carry no 中期経営計画 either (no match in the Q3 FY2026 tanshin or the 70th interim newsletter).
S2IR presentations published in English0/5
No English presentation. The English site has no presentation materials; the Japanese side holds no results briefing and prepares no supplementary materials (stated in every tanshin), so there is nothing to translate.
S3English equity-story or investment-highlights page2/5
No investor-facing equity story. What exists in English is a generic corporate introduction: Our Profile/Access (company data, banks, 200 employees as of Oct 2022), the President's message for the 71st fiscal year ('Challenge to Become a Future-Creating Company', aspirational, no figures), and a 'Takatori's Core Technologies' slogan page linking to product pages. None frames strengths for an investor or quantifies them. Generic corporate introduction. Source document →
S4Growth drivers identified and quantified in English2/5
Growth drivers are only vague in English. The President's message speaks of anticipating market shifts, creating 'new markets and businesses' and value 'even before a market has clearly taken shape', with no named market or number; the product pages and exhibition releases (SEMICON Taiwan and India 2026) show SiC wire saws and panel-level packaging laminators but attach no market size, share, capacity or contribution. Vague. Source document →
S5Results-briefing transcripts or Q&A published in English0/5
No transcript or Q&A in English, and the Japanese side has none either: every tanshin states 決算説明会開催の有無：無 (no results briefing held), and the Japanese IR menu has no briefing page.
S6Integrated or annual report available in English0/5
No integrated, annual or business report in English. The Japanese side publishes only the 株主通信 shareholder newsletter (latest: 70th interim, 3 June 2026), in Japanese only; the English site has none.
S7Progress against the previous plan, including misses, explained in English0/5
No previous medium-term plan in either language to reconcile against (see S1); neither the English pages nor the Japanese tanshin and newsletters set plan targets against actuals.
G1Corporate governance report available in English0/5
No Corporate Governance Report and no governance content in English: the English site's menus (Company Information, Introduction to Products, Financial information) and sitemap have no governance page. The Japanese IR pages do not link a CG report either.
G2Director biographies in English with tenure, expertise and independence0/5
No director biographies in English. The English site has no board or officer page (Our Profile lists only the President), no AGM notice and no governance page. The only English mentions of directors are position changes in the 29 Sep 2026 Announcement of Organizational and Personnel Changes, which is not a board listing. Biographies are in the Japanese 第69期定時株主総会招集通知 only.
G3Board skills matrix published in English0/5
No skills matrix in English: no AGM notice, governance page, CG report or integrated report on the English site or News & Release list.
G4Executive remuneration structure and its performance linkage explained in English0/5
No remuneration disclosure in English: no securities report, AGM notice or CG report in English; remuneration is in the Japanese 有価証券報告書 (FY Sept 2025, 18 Dec 2025) and convocation notice only.
G5AGM notice in English with sufficient lead time to vote0/5
No English AGM notice. The 69th AGM notice and electronic-provision matters (December 2025) are on the Japanese 株主総会情報 page only; nothing on the English Financial Information or News & Release pages.
G6Shareholder vote results disclosed in English0/5
The Japanese 株主総会情報 page has 議決権行使結果 notices for every meeting (69th: vote_69.pdf); the English site has no meeting page and no voting results.
G7Cross-shareholdings in English with reduction schedule and rationale0/5
No cross-shareholding disclosure in English: no securities report, CG report or integrated report in English. The holdings table is in the Japanese 有価証券報告書 only.
O1English IR section reachable within two clicks of the English homepage5/5
The English homepage header has a plain 'Financial information' link (no hover menu) straight to the English IR top https://www.takatori-g.co.jp/english/ir/index.html. One click; the homepage also lists IR news linking to the News & Release page. Source document →
O2English document links resolve to English documents5/5
There are only three English IR documents, so the sample of ten takes every English document link on the site: Announcement of Executive Personnel Change (1 Oct 2026), Announcement of Organizational and Personnel Changes (29 Sep 2026), Notice of Organizational Changes and Personnel Changes (5 Oct 2020, 7 pp), the Financial Highlights and Electronic Public Notice pages, and five topics releases (SEMICON India exhibited 19 Sep 2026, SEMICON India 15 Sep 2026 (image PDF titled 英語), SEMICON Taiwan 2 Sep 2026, invention-award ceremony 17 Jun 2026, National Commendation for Invention 26 May 2026). All English (cjk=0 in every text PDF). All English, though the sample is thin because the library is. Source document →
O3English IR archive free of dead links5/5
The same ten links (see O2) all opened in the rendered browser: the eight PDFs rendered with text or image content and the two pages rendered. None dead. Source document →
O4English IR pages render without blank JavaScript failures4/5
The English IR top, Financial Highlights (six bar charts render), Electronic Public Notice ('no electronic notification...') and News & Release 2025/2026 pages all render their content. But the 'Stock Price News' side box on every English IR page is blank: its iframe loads http://www.stock-life.net/... into an https page and is blocked as mixed content (the Japanese IR pages load the https version and render the price and chart). The English IR top's own news list is stale (latest 25 Dec 2020) rather than empty. A widget fails; the content is there. Source document →
O5Single page listing all English IR documents by date and type3/5
No single library. English IR items sit on two dated, untyped lists: the IR top's list (Financial Highlights update 25 Dec 2020, Notice of Organizational Changes 5 Oct 2020) and the separate News & Release page with 2026/2025 year tabs (two 2026 timely disclosures, the 22 Dec 2025 Highlights update), which is linked from the homepage but not from the IR top and does not carry the 2020 notice. Split across pages, each dated. Source document →
O6English archive genuinely populated, not an unverifiable shell2/5
A shell with a few items: three English IR documents in all (one from October 2020, two from Sep/Oct 2026) plus the Financial Highlights page; News & Release archives go back only to 2025 and hold three entries. No results, AGM or report archive in English. Source document →
O7Named English IR contact published3/5
The English 'Contact' link (header of every page, including Financial Information) leads, after a privacy-policy agreement step, to a shared inquiry form whose required 'Type of inquiry' list is the product lines plus 'IR/Other (not mentioned above)'. A shared form with an IR category, not a dedicated IR route. The English timely disclosures and the Japanese tanshin name Kenichi Shigetomi, Executive Managing Director, Executive Manager of Administrative Dept., +81-744-24-8580. Source document →
R1Earnings materials published in English simultaneously with Japanese0/5
No English earnings materials: no English tanshin or deck for any period (latest Japanese: Q3 FY Sept 2026 tanshin, 7 Aug 2026; Q2 14 May 2026). The Japanese side has no deck either. The English Financial Highlights update for FY Sept 2025 came on 22 Dec 2025, 40 days after the 12 Nov 2025 Japanese tanshin, and is charts only.
R2Median lag in days between Japanese and English statutory publication0/5
None of the five statutory documents is in English: Q3 FY2026 tanshin (JA 7 Aug 2026), Q2 tanshin (JA 14 May 2026), 69th AGM notice (JA Dec 2025), securities report (JA 18 Dec 2025) all have no English version, and no Corporate Governance Report is linked on either side. All count as >90 days; with none in English the band is 0.
R3Timely disclosures published in English2/5
The Japanese その他開示情報 and tanshin pages list 13 non-results timely disclosures from 16 Oct 2025 to 15 Oct 2026: buyback status/completion (4 Nov, 1 Dec, 12 Dec 2025), board-effectiveness summary (12 Nov), dividend of surplus, auditor resignation/officer changes and takeover-defence renewal (27 Nov), officer change (19 Dec), FASF membership (22 Dec), forecast/extraordinary-gain notice (14 May 2026), semiconductor equipment order (19 Jun), organizational/personnel changes (29 Sep) and personnel change (1 Oct). The English News & Release has only the last two, listed on the Japanese dates (29 Sep, 1 Oct 2026) but with PDFs created 9 Oct 2026, so probably posted 8-10 days late. 2 of 13. A few. Source document →
R4English disclosure free of machine-translation accuracy disclaimers5/5
No machine-translation notice anywhere rendered: the English homepage, IR top, Financial Highlights, News & Release, company pages and the two English disclosures show no translation banner or pop-up (the only language links are to the Japanese site and, on the President's message, 日本語/中文 versions). The English Terms of Service has only a general 'cannot warrant the information' clause with no mention of machine translation. Nothing presented as machine-translated. Source document →
R5English version stated as authoritative, not subordinate to Japanese3/5
The only English IR documents - Announcement of Organizational and Personnel Changes (29 September 2026, 3 pages) and Announcement of Executive Personnel Change (1 October 2026, 1 page) - carry no prevailing-language statement either way, and neither does the Financial Highlights page. No tanshin, deck or AGM notice exists in English to check. Silent. Source document →
Open a question for the reasoning and the document its score was read from. A zero means no qualifying English materials were located within the stated review scope as of 2026-10-12. Compare this question across companies →
Capital-policy review
Not scored. 1 action has been reviewed; a score out of 100 is published once 3 or more are. The ratings:
Each action is read against the company’s own filings on four checks: was the promise specific, can the steps be traced, were the economics explained, and did it report back against the target. This records the status of selected actions, not an assessment of the company as a whole. How this is scored →
Semiconductor-equipment R&D and lower-profit outlook
Strategy or target reset · In progress · Plan or update announced 12 November 2025
Takatori forecast lower FY2026 earnings while citing stronger R&D in priority fields, then reaffirmed the outlook after first-half variances.
Timeline and sources (1 step)
- 12 November 2025Plan or update announced Takatori forecast lower FY2026 earnings while citing stronger R&D in priority fields, then reaffirmed the outlook after first-half variances. FY2025 Financial Results
What management said it would do
Management forecasts ¥7bn sales and ¥430m operating profit while strengthening R&D in priority fields.
From the company’s own disclosure · FY2025 Financial Results
What it actually did, and when
The first-half variance was explained and the full-year outlook was retained; final results are pending.
Partly disclosed — a gap remains · FY2025 Financial Results · FY2026 First-Half Forecast and Reporting Update
What it disclosed about the economics
The company links lower near-term profit to R&D, but does not quantify spend, milestones or returns.
Partly disclosed — a gap remains · FY2025 Financial Results · FY2026 First-Half Forecast and Reporting Update
What has happened since
The FY2026 result is not yet reported.
Partly disclosed — a gap remains · FY2025 Financial Results · FY2026 First-Half Forecast and Reporting Update
The question this leaves open
Investor question: How much R&D is incremental and what commercial milestones justify it? IR preparation: disclose spend, programs, customer qualifications, orders and return thresholds.
Our analysis, not a company statement
Balance sheet and capital-policy indicators
A source-backed first-pass capital-efficiency, balance-sheet and governance reading, separate from the accountability score.
Cash use and returns
Takatori expects lower FY2026 profit as it strengthens R&D in priority areas, including semiconductor manufacturing equipment, but does not quantify R&D spending or expected returns.
Capital structure
The company retains a high equity ratio and a stable ¥40 dividend forecast, while target cash, leverage and payout parameters are not stated.
Governance of capital decisions
Management explains the broad reason for lower profit and later reports first-half variance, but no medium-term ROIC, capital allocation or milestone framework is provided.
Preliminary and not scored: a selected-source reading, reviewed 30 September 2026. Surplus cash, leases, maturities, project ROIC, cost of capital, committed spend and peer comparability are not fully assessed; none enters the accountability score. Figures are the company’s own reported numbers; a large cash balance is not called excess without a defensible operating reserve and investment plan. Every company with a balance-sheet reading →
Changes to this record
No score on this page has changed since the change log started on 20 October 2026.
Every change is labelled as a research error, new evidence supplied, improved disclosure or a rule change, with its date and the previous score. Change log →
Scores assess how English information is published, not the quality of the business or its investment value. To report an error or a document we missed, see how to contact us.