Adtec Plasma Technology Co., Ltd.
Cite as: Japan IR Index, Adtec Plasma Technology Co., Ltd. (6668), 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.
O1 English IR section reachable within two clicks of the English homepage 0/5 Quick fix
Put a visible Investor Relations link on the English homepage that goes straight to the English IR top.
O2 English document links resolve to English documents 0/5 Quick fix
Check every link on the English IR pages; label any that open a Japanese document, or link the English version.
O3 English IR archive free of dead links 0/5 Quick fix
Run a link check over the English IR archive and fix or remove the dead links.
O4 English IR pages render without blank JavaScript failures 0/5 Quick fix
Fix or replace the English page elements that load empty (lists, widgets, embedded frames).
English disclosure assessment
All 34 questions reviewed by the editor against the public documents; this is not an independent audit. 2 changed under rule changes on 21 Oct 2026. These are changes to our record, not to the company’s disclosure. Changes to this record →
Compared with peers
| Peer group | Median | This company |
|---|---|---|
| Same sector (Electric Appliances) | 80.8 | 33 of 33 |
| Same size band (Under ¥100bn) | 51.4 | 23 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, 1 scored 3 or more and 32 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
The English site (adtec-rf.co.jp/en/) has no IR section (/en/ir/ is 404). The Japanese 決算情報 page lists only Japanese tanshin: FY Aug-2026 (9 Oct 2026, 21 pages) and every quarter back to FY2020. No English results summary anywhere on the site.
F2English results summary is a full translation, not an excerpt0/5
The Japanese 決算情報 page lists only Japanese tanshin (latest: 2026年8月期決算短信, 9 Oct 2026, and Q1-Q3 FY Aug-2026). No English results summary exists to compare. not_found.
F3Financial statements including notes available in English0/5
No English financial statements in any form: no English tanshin, annual report or securities report (the Japanese IR top points to EDINET E02092 for the yuho, Japanese only). not_found.
F4Annual securities report available in English in any form0/5
No English IR section. The Japanese IR top only points to EDINET for the 有価証券報告書 (code E02092). No English securities report under any name.
F5Segment revenue and profit disclosed in English, consistent definitions0/5
No English segment disclosure anywhere: no English tanshin, deck or report. Segment information exists only in the Japanese tanshin. not_found.
F6Multi-year financial data file (Excel or CSV) downloadable in English0/5
No English financial data page or downloadable file; the only data page is the Japanese 財務ハイライト (/ir/highlight/), with no .xls/.csv link found. not_found.
F7Guidance disclosed in English with the basis explained0/5
The FY Aug-2027 forecast and the 10 Jul 2026 業績予想及び配当予想の修正 notice are Japanese only; no English forecast or outlook. not_found.
F8English financial disclosure current to the latest Japanese filing period0/5
No English disclosure of any period. The latest Japanese filing is the FY Aug-2026 tanshin of 9 October 2026; it has no English counterpart.
S1Medium-term management plan in English with numerical targets0/5
No medium-term plan in English; the English site has no IR or strategy material beyond a generic President's Message with no targets. not_found.
S2IR presentations published in English0/5
The tanshin says supplementary material exists and a briefing was held for institutional investors and analysts, but neither the English site nor the Japanese IR pages carry any presentation in English.
S3English equity-story or investment-highlights page3/5
The English site has no IR section. Its 'Advantages of ADTEC Plasma Technology' page sets out five strengths: advanced plasma technology, an integrated production system within the group, technology for a wide range of needs, technical solution proposals and worldwide support. They are framed for customers, with no figures. Re-checked 21 Oct 2026 under v1.1.1: English material counts wherever it sits on the company's site, so the English corporate pages are scored here even though there is no English IR section. A company-overview page doing the job, so 3. Source document →
S4Growth drivers identified and quantified in English2/5
The English President's Message says the company will add high-value-added products, strengthen its sales and service bases in Europe, the US and Asia, and expand into medical and environmental fields, with no specifics or numbers. These read as directions rather than identified drivers; the lower of 2 and 3 is recorded. Re-checked 21 Oct 2026 under v1.1.1: English material counts wherever it sits on the company's site, so the English corporate pages are scored here even though there is no English IR section. So 2. Source document →
S5Results-briefing transcripts or Q&A published in English0/5
No English transcript or Q&A. The Japanese side posted only a 決算説明会 deck item for FY Aug-2026 (IR news 15 Oct 2026, https://www.adtec-rf.co.jp/ir-news/3684/); no Japanese transcript or Q&A was found either. not_found.
S6Integrated or annual report available in English0/5
No integrated, annual or business report in English. The English site covers only products, the company profile, the president's message, history, patents and offices.
S7Progress against the previous plan, including misses, explained in English0/5
No plan reconciliation in English (no English plan or IR material at all). not_found.
G1Corporate governance report available in English0/5
The Japanese コーポレートガバナンスコード page links a Japanese Corporate Governance Report (10 Dec 2025). The English site has no governance page and no English report.
G2Director biographies in English with tenure, expertise and independence0/5
No English director biographies: the AGM notices (34th-41st) on the Japanese 株主総会 page are Japanese only, and the English company profile carries no board information. not_found.
G3Board skills matrix published in English0/5
No English skills matrix; the AGM notices and the Corporate Governance Report (10 Dec 2025) are Japanese only. not_found.
G4Executive remuneration structure and its performance linkage explained in English0/5
No English remuneration disclosure; the governance report, notices and yuho are Japanese only. not_found.
G5AGM notice in English with sufficient lead time to vote0/5
The Japanese 株主総会 page carries the 34th to 41st convocation notices, materials and resolution notices in Japanese only (the 42nd AGM is set for 27 Nov 2026). No English notice.
G6Shareholder vote results disclosed in English0/5
Resolution notices (決議ご通知) are in Japanese only. No English voting results or resolution notice.
G7Cross-shareholdings in English with reduction schedule and rationale0/5
No English cross-shareholding disclosure; principle 1-4 text exists only in the Japanese Corporate Governance Report (10 Dec 2025). not_found.
O1English IR section reachable within two clicks of the English homepage0/5
There is no English IR to reach from the English homepage: its menu has Contact, Products, About ADTEC and Advantages only, and /en/ir/ returns 404. not_found.
O2English document links resolve to English documents0/5
No English IR document links exist to sample. not_found.
O3English IR archive free of dead links0/5
No English IR archive exists to test for dead links. not_found.
O4English IR pages render without blank JavaScript failures0/5
No English IR pages exist to render (/en/ir/ is 404). not_found.
O5Single page listing all English IR documents by date and type0/5
No English IR library page. not_found.
O6English archive genuinely populated, not an unverifiable shell0/5
No English IR archive. not_found.
O7Named English IR contact published0/5
No English IR presence. The English Contact page offers product inquiry forms and an 'Other Inquiries' form whose text says it is for product inquiries, with no IR category. The Japanese tanshin names 坂谷和宏, 取締役総務・経理部長, 084-945-1359, in Japanese only.
R1Earnings materials published in English simultaneously with Japanese0/5
No English earnings materials: the FY Aug-2026 tanshin (9 Oct 2026) and briefing deck (15 Oct 2026) are Japanese only. not_found.
R2Median lag in days between Japanese and English statutory publication0/5
None of the five documents is in English: tanshin FY Aug-2026 (9 Oct 2026) and Q3 (10 Jul 2026), AGM notice (41st), Corporate Governance Report (10 Dec 2025) and the yuho (EDINET E02092) are Japanese only. not_found.
R3Timely disclosures published in English0/5
The Japanese IR news list carries timely disclosures in the last 12 months (e.g. 業績予想及び配当予想の修正 10 Jul 2026, results notices) with no English counterparts; the English site has no news list. not_found.
R4English disclosure free of machine-translation accuracy disclaimers0/5
No English IR site or documents to carry or omit a machine-translation notice. not_found.
R5English version stated as authoritative, not subordinate to Japanese0/5
There is no English IR document to carry or omit a prevailing-language statement.
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 power-supply outlook and forecast revision
Strategy or target reset · outcome verification pending · Plan or update announced 10 October 2025
July 2026 results revised the original annual outlook; the fiscal year has ended but final results are not verified in the selected sources.
Timeline and sources (1 step)
- 10 October 2025Plan or update announced July 2026 results revised the original annual outlook; the fiscal year has ended but final results are not verified in the selected sources. FY2025/8 consolidated financial results
What management said it would do
The original forecast was ¥11.6bn sales and ¥1.58bn operating profit for FY2026/8.
From the company’s own disclosure · FY2025/8 consolidated financial results
What it actually did, and when
July forecasts increased to ¥13.6bn sales and ¥2.5bn operating profit; nine-month sales were ¥9.075bn.
Partly disclosed — a gap remains · FY2025/8 consolidated financial results · FY2026/8 third-quarter results · Stock information
What it disclosed about the economics
The update links improvement to semiconductor equipment demand and new-product evaluations; project return attribution remains open.
Partly disclosed — a gap remains · FY2025/8 consolidated financial results · FY2026/8 third-quarter results · Stock information
What has happened since
Year-end has passed; selected sources do not verify the final annual outcome.
Partly disclosed — a gap remains · FY2025/8 consolidated financial results · FY2026/8 third-quarter results · Stock information
The question this leaves open
Investor question: What working capital and incremental investment support the recovery? IR preparation: reconcile original and revised forecasts, final actuals, inventory, orders and investment returns.
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
The July update increases the annual sales, profit and dividend outlook as semiconductor equipment orders improve. Selected results do not establish project-level return on incremental development or capacity.
Capital structure
May 2026 cash and deposits were ¥8.767bn and equity ratio 52.1%; these are reported balances, not evidence of excess cash or a target leverage policy.
Governance of capital decisions
The October original and July revised forecasts make changes observable; quantified investment hurdles and allocation decision gates are not verified in these selected results.
Preliminary and not scored: a selected-source reading, reviewed 1 October 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
- Rule change 21 October 2026 · S3: 0 → 3. Under v1.1.1, English material counts wherever it sits on the company's site, so the English corporate pages are now scored. The English 'Advantages' page sets out five strengths for customers.
- Rule change 21 October 2026 · S4: 0 → 2. Under v1.1.1, English material counts wherever it sits on the company's site, so the English corporate pages are now scored. The English President's Message gives growth directions without specifics.
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.