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October 2026 edition · Methodology GNT-BDS v1.1.1 · Last updated 2026-10-23日本語 / English
Japan IR IndexIndependent research · English disclosure & shareholder communication
Company

Enomoto Co., Ltd.

6928 · TSE Standard

Cite as: Japan IR Index, Enomoto Co., Ltd. (6928), 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.

  1. 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.

    Our note · Examples to follow

  2. G6 Shareholder vote results disclosed in English 0/5 Quick fix

    Publish the vote counts from the Japanese extraordinary report in English.

    Our note · Examples to follow

  3. O2 English document links resolve to English documents 3/5 Quick fix

    Check every link on the English IR pages; label any that open a Japanese document, or link the English version.

    Our note · Examples to follow

  4. O7 Named English IR contact published 3/5 Quick fix

    Link a dedicated IR contact (form, address or e-mail) from the English IR section.

    Our note · Examples to follow

English disclosure assessment48.3 of 100 · 100% reached
48.3of 100 · 100% of questions reached · scored against GNT-BDS v1.1.1 · capital-monitor cohort, October 2026

Compared with peers

Peer groupMedianThis company
Same sector (Electric Appliances)80.830 of 33
Same size band (Under ¥100bn)51.416 of 25

Compared with the companies covered here, not the whole market. Sector is the TSE 33-sector classification; market cap is from the TSE English-disclosure survey, Aug 2026; it only sets the size band, plays no part in the score, and is refreshed once a quarter. Ties share the higher rank.

Financial disclosure8 of 8 questions · weight 30%50.0
Strategic disclosure7 of 7 questions · weight 25%42.9
Governance disclosure7 of 7 questions · weight 20%22.9
English IR website7 of 7 questions · weight 15%85.7
Japanese–English parity5 of 5 questions · weight 10%52.0

Out of 100.

Of the 34 questions reviewed, 22 scored 3 or more and 9 found no qualifying English materials within the stated review scope. Read each score with its source and scope below.

Findings by question

QQuestionScore
Financial disclosure
F1Quarterly and full-year results summaries (tanshin) published in English3/5

Summary of Consolidated Financial Results for the Three Months Ended June 30, 2026, headed an 'excerpt translation': 6 pages against the Japanese 9 - the summary cover and the statements, without the Japanese section 1 (qualitative overview of results, financial position and forecasts) or the notes. The full-year release is 10 pages against 13, cut the same way. Every period is there, but going by PDF creation dates 1-17 days after the Japanese (Q1 created 27 August for a 10 August tanshin; FY 14 May for 11 May). Drops the qualitative section. Source document →

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F2English results summary is a full translation, not an excerpt3/5

The latest English tanshin, Summary of Consolidated Financial Results for the Three Months Ended June 30, 2026, is headed an 'excerpt translation'. It runs 6 pages against the Japanese 9: the summary cover pages and the statements, without the attachment's section 1 (overview of results, financial position, forecast explanation) or the notes. The FY3/2026 English (10 pp) against the Japanese 13 pp also stops after the cash-flow statement. It has no qualitative review and none of the notes, including the segment note that states the company is single-segment. A section of the document's own substance is cut. Source document →

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F3Financial statements including notes available in English3/5

The English FY3/2026 tanshin (dated 11 May 2026, 10 pp) carries the full balance sheet, P&L, comprehensive income, changes in equity and cash flows. It has no notes: no going-concern, accounting-policy or segment notes. The Q1 English carries the statements only. The Annual Report 2026 has summary statements only, and there is no English yuho. Statements without notes. Source document →

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F4Annual securities report available in English in any form0/5

The English IR section (News, Management Policy, Stock Information) carries tanshin excerpts and the Annual Report only. No securities report in English under any name; the Japanese IR library has the 有価証券報告書.

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F5Segment revenue and profit disclosed in English, consistent definitions3/5

Enomoto is a single segment. The Japanese tanshin note says so (プレス加工品関連事業の単一セグメント), but the English tanshin omits the notes, so the English never states it. Sales by product group are in English only once a year: Annual Report 2026 'Business Composition by Segment' gives FY3/2026 net sales for power-semiconductor lead frames ¥10,152m, opto-electronic lead frames ¥5,190m, connector parts ¥14,411m and others ¥661m, with application mix. There is no profit by line and nothing in the quarterly English. Sales only, and only at the year end. Source document →

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F6Multi-year financial data file (Excel or CSV) downloadable in English0/5

No Excel or CSV anywhere on the English site. We checked the IR news list (both pages), Management Policy, Stock Information and every linked PDF. The only multi-year data is the 5-year 'Summary of Selected Financial Data' table inside the Annual Report 2026 PDF. The Japanese library has PDFs only.

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F7Guidance disclosed in English with the basis explained3/5

The English FY3/2026 tanshin gives the FY3/2027 forecast in the summary table: net sales ¥32,000m, OP ¥2,000m, ordinary ¥2,000m, net ¥1,400m, EPS ¥217.38. The Q1 English shows the revised table and dividend of ¥80 with no reason. The basis (Japanese section 1(3)) and the 10 Aug 2026 業績予想及び配当予想の修正 notice are not in English, and there is no English deck to carry FX or market assumptions. Numbers only. Source document →

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F8English financial disclosure current to the latest Japanese filing period5/5

English results for the three months to 30 June 2026 are up (news item dated 10 August 2026, PDF created 27 August), the same period as the latest Japanese tanshin. Same period, a fortnight late. Source document →

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Strategic disclosure
S1Medium-term management plan in English with numerical targets3/5

The current plan is Vision 2030 2nd STEP (FY3/2025-FY3/2027). The Japanese has a 20-page 中期経営計画 deck (28 May 2024) with targets, capex and R&D plans, product-group sales targets and initiatives. In English the plan exists only as one Annual Report page, 'Targets for 2nd STEP', giving net sales ¥30bn, OP ¥2.4bn and ROE 9%, plus the FY2030 OP aim of ¥3.5bn in the president's message and a list of initiatives. There is no English plan document. An English summary with only some of the targets. Source document →

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S2IR presentations published in English0/5

The English IR news, management policy and stock information pages carry no presentation. The Japanese 決算説明資料 page has a results deck at the full year and half year, a 決算補足資料 every quarter and briefing videos; none in English.

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S3English equity-story or investment-highlights page3/5

There is no investor-framed 'why invest' page. The English WORKS page ('Enomoto's Strengths') and BUSINESS pages describe strengths for customers: integrated die-to-plating-to-molding production, 45 years of LED lead-frame experience, overseas factories in the Philippines and China, and molds with 20 times the durability. The Management Policy page is a president's message. These are company-overview pages doing the job, not framed for an investor. Source document →

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S4Growth drivers identified and quantified in English3/5

The Annual Report 2026 names the drivers: investment in EV and autonomous-driving fields, ICT and wearables, more orders at the Philippine factory, Tsugaru capacity, automation and die digitalisation, high-end LED lead frames and connectors for smartphones and airbags. Product-group sales growth is given (opto-electronic +53.9%, connectors +19.2%), but the drivers themselves carry no market size, share, capacity or contribution to targets. The Tata Electronics MOU (24 Sep 2026) is Japanese-only. Named, essentially qualitative. Source document →

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S5Results-briefing transcripts or Q&A published in English0/5

Neither language publishes a transcript or Q&A. The English site has no briefing materials at all. The Japanese 決算説明資料 page has decks, 決算補足資料 and irmovie.jp briefing videos (for example May 2026), but no transcript or Q&A.

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S6Integrated or annual report available in English3/5

Annual Report 2026 in English (posted 13 October 2026, 10 PDF pages of spreads) covering the year ended 31 March 2026: president's message, the plan page, an Officer Matrix (roles, skills, independence), financial review and statements. The Japanese integrated report (統合報告書2025, 30 pages) carries much more - the value-creation process, business and production pages, human-capital strategy, sustainability interview and governance structure - and its 2026 edition is not yet out. An abridged English cut: 3. (Re-cited 17 Oct 2026 to the 2026 edition; an earlier version said the directors and skills matrix appear only in the Japanese, but the English reports carry an Officer Matrix.) Source document →

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S7Progress against the previous plan, including misses, explained in English3/5

The previous plan's reconciliation is Japanese-only. Vision 2030 1st STEP targets were set against FY3/2024 actuals, with the shortfall explained, in the 2024 中計 deck p5 and the FY3/2026 決算説明資料. In English, the Annual Report 2026 'Targets for 2nd STEP' page charts sales and OP actuals (FY3/2025 26.8/0.6, FY3/2026 30.4/1.6) and a final-year forecast (¥34.0bn sales, ¥2.4bn OP, ROE 7.3%) beside the targets (¥30bn, ¥2.4bn, 9%), with no explanation of variances. Progress with numbers, not a target-versus-actual reconciliation of the previous plan. Floor 3; on the previous-plan ruling it could be 0. Source document →

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Governance disclosure
G1Corporate governance report available in English0/5

The English site has no governance page or document; its IR menu is News, Management Policy and Stock Information. No Corporate Governance Report in English.

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G2Director biographies in English with tenure, expertise and independence3/5

The only English director information is the Annual Report 2026 'Officer Matrix'. It covers six directors (Takei, Ogawa, Shiratori inside; Ujiie, Yamaki, Kitta outside) with roles (for example CPA, attorney, full-time Audit and Supervisory Committee member), skills, gender and an independent-officer mark. There are no years on the board or career histories, and no English AGM notice or governance page. Two of the three elements (expertise, independence), no tenure. Source document →

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G3Board skills matrix published in English5/5

Annual Report 2026 (posted 13 Oct 2026) has an English Officer Matrix for the current six-member board after the June 2026 AGM. It marks nine skills (management strategy, technology and quality, marketing and sales, global business, HR development, environment and society, finance and accounting, legal and governance, IT/DX) for every director, plus gender and independence. The current matrix in English. Source document →

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G4Executive remuneration structure and its performance linkage explained in English0/5

There is no English CG report, yuho or AGM notice. The Annual Report 2026 and the English IR pages say nothing on remuneration, beyond provision line items in the tanshin balance sheet. The remuneration policy and amounts are in the Japanese 有価証券報告書 (22 Jun 2026) only.

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G5AGM notice in English with sufficient lead time to vote0/5

No AGM notice in English: the English IR news lists results and annual reports only and the Stock Information page just says the meeting is in late June. The Japanese 株主総会 page has the 第60回 notice (27 May 2026).

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G6Shareholder vote results disclosed in English0/5

No English meeting page, notice of resolutions or voting results; the English IR news has no AGM items.

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G7Cross-shareholdings in English with reduction schedule and rationale0/5

There is no English disclosure on cross-shareholdings. There is no English CG report or yuho, and the Annual Report and IR pages are silent. Investment securities appear only as a balance-sheet line (¥544m).

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English IR website
O1English IR section reachable within two clicks of the English homepage5/5

The English homepage header has a 'Shareholders and investors' button that goes straight to the English IR News page (/en/ir-news/). One click. Source document →

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O2English document links resolve to English documents3/5

We sampled 22 English document links: the 15 tanshin excerpts from May 2022 to Aug 2026 and the Annual Reports 2022-2026, plus the 2022 Summary Report. All are English PDFs. But the Stock Information page's 'Documents on the General Meeting of Shareholders' button leads, unlabelled, to the Japanese 株主総会 page (https://www.enomoto.co.jp/ir-meeting/). It is the only route offered to AGM documents. One unlabelled Japanese destination. Source document →

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O3English IR archive free of dead links5/5

All 22 sampled English PDFs opened (Q1 FY3/2027 6 pp, FY3/2026 10 pp, Annual Reports 2022-2026 at 10 pp each, tanshin back to 2022), and so did every news item page on both pages of the list. No dead links. Source document →

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O4English IR pages render without blank JavaScript failures5/5

IR News (pages 1 and 2), Management Policy and Stock Information all render fully in Chromium: the shareholder pie charts, major-shareholder table and procedure tables. The 'Stock price information' button links out to a third-party quote. No blank sections. Source document →

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O5Single page listing all English IR documents by date and type4/5

The English IR News page is the single dated list of every English document: tanshin excerpts and annual reports, 20 items over two pages from 2022.05.10 to 2026.10.13. It has no type labels or filters, and each item opens a post page that links the PDF. One dated page, untyped. Source document →

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O6English archive genuinely populated, not an unverifiable shell5/5

The archive runs from May 2022 to Oct 2026, over four years. It holds every quarterly tanshin excerpt since FY3/2023 and annual reports 2022-2026 (the 2025 edition is not on page 2 but is on page 1). Several years across the types published, though only two types exist. Source document →

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O7Named English IR contact published3/5

The English IR pages offer no IR contact of their own; the site-wide CONTACT form has an 'Investor relations inquiries' category - a shared form with an IR category. The tanshin names Tsutomu Takei, Director, Senior Operating Officer of Administration Group, 0554-62-5111. Source document →

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Japanese–English parity
R1Earnings materials published in English simultaneously with Japanese3/5

The English tanshin is never same-day. Japanese/English listing dates: Q1 FY3/2026 6 Aug / 7 Aug 2025; H1 10 Nov / 11 Nov 2025; Q3 6 Feb / 9 Feb 2026; FY 11 May / 12 May 2026 (PDF created 14 May); Q1 FY3/2027 10 Aug / listed 10 Aug 2026, but the PDF was created 27 Aug 2026, 17 days later. The Japanese side has a 決算補足資料 every quarter and a 決算説明資料 at the half and full year; there is no English deck at all. One to seventeen days late, no deck. Source document →

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R2Median lag in days between Japanese and English statutory publication1/5

Japanese against English lags. Q1 FY3/2027 tanshin: 10 Aug 2026 against an English PDF created 27 Aug (17 days; 0 by listing date). FY3/2026 tanshin: 11 May against listing 12 May, PDF created 14 May (1-3 days). AGM notice (第60回, 27 May 2026): no English, >90. CG report: no English, >90. Yuho (22 Jun 2026): no English, >90. The median is over 90 days. Source document →

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R3Timely disclosures published in English2/5

From Oct 2025 to Oct 2026 the Japanese timely-disclosure list has about 22 items: four tanshin, two forecast/dividend revisions (6 Feb, 10 Aug 2026), a buyback resolution (10 Aug) and two progress reports (3 Sep, 5 Oct), a capital/business alliance and treasury-share disposal to a third party (19 Dec 2025) and its completion (7 Jan 2026), major-shareholder changes (5 Dec 2025, 29 Jul 2026), the market-segment change (21 Nov 2025), officer changes (27 Feb, 24 Apr, 28 Sep 2026), two earthquake notices and the Tata Electronics MOU (24 Sep 2026). The English list has only the four tanshin excerpts, each one to seventeen days late. None of the revisions, buybacks, alliance or management changes is in English. A few. Source document →

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R4English disclosure free of machine-translation accuracy disclaimers5/5

None of the rendered English pages (home, IR news, management policy, stock information, works, business, contact) or the English PDFs presents itself as machine-translated, and there is no translation widget. The tanshin's 'excerpt translation ... the latter shall prevail' notice is human-translation precedence (R5). Source document →

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R5English version stated as authoritative, not subordinate to Japanese2/5

Each English tanshin says it is an excerpt translation 'only for reference purposes' and that the Japanese 'shall prevail'. The Annual Report 2025 carries no such statement. No deck or AGM notice exists in English to check. Disclaimed on some documents. Source document →

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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 review1 action reviewed · not scored

Not scored. 1 action has been reviewed; a score out of 100 is published once 3 or more are. The ratings:

Power-semiconductor leadframe, plating and smart-factory planspecific promise 5/5 · steps traceable 4/5 · economics explained 4/5 · report-back not yet due

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 →

Power-semiconductor leadframe, plating and smart-factory plan

Strategy or target reset · In progress · Plan announced 28 May 2024

Enomoto set FY2027 growth and ROE targets and a capital program for automotive power-semiconductor leadframes and manufacturing productivity.

Timeline and sources (1 step)
  1. 28 May 2024Plan announced Enomoto set FY2027 growth and ROE targets and a capital program for automotive power-semiconductor leadframes and manufacturing productivity. Vision 2030 Second Step Medium-Term Management Plan

What management said it would do

Management targets ¥30bn sales, ¥2.4bn operating profit and 9% ROE by FY2027.

From the company’s own disclosure · Vision 2030 Second Step Medium-Term Management Plan

What it actually did, and when

Leadframe capacity, plating integration and automation are progressing; final returns remain to be assessed.

Partly disclosed — a gap remains · Vision 2030 Second Step Medium-Term Management Plan · Annual Report 2024

What it disclosed about the economics

The plan allocates ¥5–6bn to equipment investment and targets a DOE of at least 2.5%.

Partly disclosed — a gap remains · Vision 2030 Second Step Medium-Term Management Plan · Annual Report 2024

What has happened since

The FY2027 result is not due.

Partly disclosed — a gap remains · Vision 2030 Second Step Medium-Term Management Plan

The question this leaves open

Investor question: How much margin and asset turnover comes from plating integration and automation? IR preparation: bridge capex, utilization, yield, margin and ROE.

Our analysis, not a company statement

Was the promise specific?5/5Sales, profit, ROE and equipment-investment targets are quantified.
Can the steps be traced?4/5The plan is in its final year and recent sales exceed the original target, but final ROE and capital-return reconciliation are pending.
Were the economics explained?4/5The plan links growth investment and operating improvement to ROE, but hurdle rates and balance-sheet guardrails are less complete.
Did it report back against the target?not yet dueThe FY2027 endpoint is not due.

Every company with a reviewed action →

Balance sheet and capital-policy indicatorsreviewed 29 September 2026

A source-backed first-pass capital-efficiency, balance-sheet and governance reading, separate from the accountability score.

¥30bnFY2027 net-sales targetSecond Step target.28 May 2024 · Vision 2030 Second Step Medium-Term Management Plan
¥5–6bnSecond Step equipment investmentGrowth and automation program.28 May 2024 · Vision 2030 Second Step Medium-Term Management Plan
9%FY2027 ROE targetCapital-return target.28 May 2024 · Vision 2030 Second Step Medium-Term Management Plan

Cash use and returns

Enomoto plans ¥5–6bn of equipment investment and additional R&D for power-semiconductor leadframes, plating integration and smart factories.

Capital structure

The company targets a DOE of at least 2.5% while pursuing investment; quantified leverage and liquidity guardrails remain limited.

Governance of capital decisions

Management reviewed the previous plan shortfall and set FY2027 sales, operating-profit and ROE targets for the second step.

Preliminary and not scored: a selected-source reading, reviewed 29 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.

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