Workman
Cite as: Japan IR Index, Workman (7564), methodology GNT-BDS v1.1.1, reviewed 2026-09.
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.
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).
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.
English disclosure assessment
All 34 questions reviewed by the editor against the public documents; this is not an independent audit. 19 answers corrected after re-checks (research errors) 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 (Retail Trade) | 51.8 | 3 of 3 |
| Same size band (¥100–500bn) | 77.1 | 48 of 50 |
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, 18 scored 3 or more and 12 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 English3/5
The English tanshin for the quarter to 30 June 2026 (3 Aug 2026) is 4 pages against 10 in Japanese: the summary page, balance sheet and income statement, without the qualitative review or the notes. Statements without the notes cap completeness at 3, the lower of the two F1 tests. Re-checked 21 Oct 2026; the earlier record cited the August 2025 English results deck, which is not a tanshin. So 3. Source document →
F2English results summary is a full translation, not an excerpt3/5
The English quarterly results (3 Aug 2026, 4 pages) carry the summary page, balance sheet and income statement; the Japanese (10 pages) adds the qualitative review and the notes. The English full-year results (11 May 2026) are 8 pages against 14, again without the qualitative review and the notes. Re-checked 21 Oct 2026. The qualitative review and the notes are cut, so 3. Source document →
F3Financial statements including notes available in English3/5
Every English source gives statements without notes: the quarterly results stop after the balance sheet and income statement, and the full-year results (11 May 2026) after the statements of changes in equity and cash flows. There is no English securities report. Re-checked 21 Oct 2026. Statements without notes, so 3. Source document →
F4Annual securities report available in English in any form0/5
No English annual securities report. The securities-report page lists the 45th-period report (25 Jun 2026) and earlier ones in Japanese only, and none of the 46 English links on the IR pages is a securities report or an extract of one. Re-checked 21 Oct 2026.
F5Segment revenue and profit disclosed in English, consistent definitions3/5
Workman reports a single segment, but only the Japanese results say so: the segment note is cut from the English. Each English deck gives growth and the sales mix by business category (Workman, Pro, Plus, Colors; Q1 FY3/2027 deck p.11), with no profit by category. Re-checked 21 Oct 2026. Sales without profit, and the single segment is not stated in English, so 3. Source document →
F6Multi-year financial data file (Excel or CSV) downloadable in English0/5
No downloadable data file. The financial-data page offers two Japanese PDFs (財務データ, 財務グラフ), and the quarterly FACT BOOK is a Japanese PDF; there is no Excel or CSV file in either language. Re-checked 21 Oct 2026.
F7Guidance disclosed in English with the basis explained5/5
The English results carry the full-year forecast, and the English decks give its basis: sales by store type and same-store sales growth for the year (FY3/2026 deck p.23), the forward-exchange hedge ratio and the assumed-rate policy (p.21), and the store-opening plan (p.19). The upward revision of November 2025 is explained in the English Q2 deck (p.21: revised upwards in view of strong first-half performance, with the cost items). Re-checked 21 Oct 2026; the earlier score did not use the decks. Forecast, basis and revision in English, so 5. Source document →
F8English financial disclosure current to the latest Japanese filing period5/5
The latest English tanshin covers the three months to 30 June 2026, the same period as the latest Japanese filing (3 Aug 2026). Re-checked 21 Oct 2026. Same period, so 5. Source document →
S1Medium-term management plan in English with numerical targets5/5
Medium-Term Growth Vision 2030 (12 May 2025) is in English, 17 pages against 17 in Japanese, page for page and with the same figures: roadmap, store-opening plan, product, sales and logistics strategy, the FY2030 quantitative goals and the capital policy. Both versions are on the IR plan page. The FY3/2026 deck (p.25) says an update is planned this year; none has been published. Re-checked 21 Oct 2026; the earlier 0 said the plan was Japanese-only. Current plan, complete in English, so 5. Source document →
S2IR presentations published in English4/5
An English results deck for every quarter, filed on TDnet at the same time as the Japanese, and listed back to FY3/2021. The decks match the Japanese page for page, except that the full-year deck drops the cash-flow page (27 pages against 28; the cash flows are in the English full-year results). The Japanese side also gets a FACT BOOK and a briefing Q&A each quarter, with no English version. Re-checked 21 Oct 2026; the earlier 0 said no English deck was found. Every deck, without the supplements, so 4. Source document →
S3English equity-story or investment-highlights page5/5
There is no 'why invest' web page; the English IR material is PDFs on the Japanese site. The English Company Briefing Materials (June 2026, 30 pages, IR > Company Information) has a dedicated 'Domestic Market Share' section: a 40.7% share of Japan's workwear retail market (¥55.1bn, from Yano Research data, p.14) and the apparel market map (p.15), with the PB ratio (71.9%) and the store network elsewhere in the deck. Re-checked 21 Oct 2026. A dedicated section with quantified strengths, so 5. Source document →
S4Growth drivers identified and quantified in English5/5
Medium-Term Growth Vision 2030 names the drivers and puts numbers on them: a net 50 stores a year to 1,300 by FY2030 (Colors 260) and 1,500 by FY2035 (p.7); two new distribution centres, ¥29.0bn of logistics investment and logistics KPIs (p.13); FY2030 goals of ¥240.0bn chain-store sales and ¥35.0bn operating profit, with same-store growth of 1.7% a year (p.15). Re-checked 21 Oct 2026. Named drivers with numbers, so 5. Source document →
S5Results-briefing transcripts or Q&A published in English0/5
No English Q&A or transcript. The Japanese side publishes a results-briefing Q&A every quarter (latest 7 Aug 2026); none has an English version on the results page or the IR news list. Re-checked 21 Oct 2026.
S6Integrated or annual report available in English0/5
Workman publishes no integrated or annual report in either language. The shareholder-meeting page carries the Japanese 報告書 (a shareholder newsletter) and AGM notices; the English material is results, decks, the 2030 vision and a company briefing. Re-checked 21 Oct 2026.
S7Progress against the previous plan, including misses, explained in English3/5
The FY3/2026 English deck has 'Summary of Progress on the Medium-Term Growth Vision 2030' (p.25): results and challenges for each action item, in words. Each deck sets store counts against the medium-term goal of 1,500 stores (FY3/2026 deck p.19). There is no target-against-actual table for the plan's quantitative goals. Re-checked 21 Oct 2026. Progress narrated with some numbers, so 3. Source document →
G1Corporate governance report available in English0/5
No English Corporate Governance Report. The report filed with TSE (updated 25 Jun 2026) is in Japanese only, and under Supplementary Principle 3-1-2 it says the company does not currently provide information in English. Re-checked 21 Oct 2026.
G2Director biographies in English with tenure, expertise and independence0/5
No English director information. Directors appear only in the Japanese AGM notice (3 Jun 2026), governance report and securities report; the English company briefing names only the president. Re-checked 21 Oct 2026.
G3Board skills matrix published in English0/5
No English skills matrix. The AGM notice, governance report and securities report, where one would appear, are Japanese only, and no English document covers the board. Re-checked 21 Oct 2026.
G4Executive remuneration structure and its performance linkage explained in English0/5
No English remuneration disclosure. Remuneration is covered only in the Japanese governance report and securities report; none of the English documents mentions it. Re-checked 21 Oct 2026.
G5AGM notice in English with sufficient lead time to vote0/5
No English AGM notice. The 45th AGM notice (3 Jun 2026) and its supplementary materials are Japanese only, and the governance report says under Supplementary Principle 1-2-4 that the company does not prepare an English notice. Re-checked 21 Oct 2026.
G6Shareholder vote results disclosed in English0/5
No English voting results. The extraordinary report filed after the AGM (30 Jun 2026) is Japanese only, and no English document reports the votes. Re-checked 21 Oct 2026.
G7Cross-shareholdings in English with reduction schedule and rationale0/5
No English disclosure on cross-shareholdings. The policy is in the Japanese governance report (Principle 1-4) and the holdings in the Japanese securities report; none of the English documents mentions them. Re-checked 21 Oct 2026.
O1English IR section reachable within two clicks of the English homepage2/5
Workman has no English homepage or English IR pages. Its English documents are listed under English titles on the Japanese IR pages (the results page and the IR news list, two clicks from the Japanese homepage). Under v1.1.1 (21 Oct 2026), English documents linked only from Japanese pages score 2 here; the missing pages count in O1 and O4, not elsewhere. Re-checked 21 Oct 2026. So 2. Source document →
O2English document links resolve to English documents5/5
All 46 English links on the IR pages (results and decks from FY3/2021 to Q1 FY3/2027, the 2030 vision, the company briefing) open English PDFs. Three labels are wrong: 'Summary of Financial Results for the Q1 FY 3/2026' opens the Q1 FY3/2027 results, and the two Q1 FY3/2024 links are swapped (results and deck). Re-checked 21 Oct 2026. All English, so 5. Source document →
O3English IR archive free of dead links5/5
All 46 English links on the IR pages resolve to their PDFs. Re-checked 21 Oct 2026. No dead links, so 5. Source document →
O4English IR pages render without blank JavaScript failures0/5
There are no English IR web pages to render: the English documents are PDFs linked from Japanese pages, which render normally. Under v1.1.1 (21 Oct 2026), English documents linked only from Japanese pages are recorded here as not found. Re-checked 21 Oct 2026.
O5Single page listing all English IR documents by date and type4/5
The IR news list is one dated page that carries the English results, decks and the 2030 vision beside their Japanese entries, back to FY3/2021. The company briefing is only on the Company Information page. Re-checked 21 Oct 2026. One dated page, not every type, so 4. Source document →
O6English archive genuinely populated, not an unverifiable shell5/5
English results and decks for every quarter from FY3/2021 to Q1 FY3/2027, the 2030 vision (2025) and the company briefing (2026). Re-checked 21 Oct 2026. Several years across document types, so 5. Source document →
O7Named English IR contact published3/5
Every English deck, the 2030 vision and the company briefing end with 'Contact Information: IR Group, Finance Division', a telephone number and an email address (Q1 FY3/2027 deck p.25). The English results name the director and treasurer with a telephone number. No English web page offers the contact. Re-checked 21 Oct 2026; the earlier 0 said the results were the only English document. A genuine IR route that is not obvious, so 3. Source document →
R1Earnings materials published in English simultaneously with Japanese5/5
TDnet shows the English results and the English deck filed at 15:30 on the same day as the Japanese for each of the last four periods (10 Nov 2025, 10 Feb 2026, 11 May 2026, 3 Aug 2026). Re-checked 21 Oct 2026. Same day, every period, so 5. Source document →
R2Median lag in days between Japanese and English statutory publication1/5
Latest two results summaries: English the same day (3 Aug 2026 and 11 May 2026, 0 days). AGM notice (3 Jun 2026), Corporate Governance Report (25 Jun 2026) and securities report (25 Jun 2026): no English, counted as over 90 days. The median is over 90 days. Re-checked 21 Oct 2026; the earlier 2 did not show the dates. So 1. Source document →
R3Timely disclosures published in English2/5
None of the Japanese timely disclosures of the twelve months to October 2026 has an English version: the forecast revision (10 Nov 2025), the change of representative director (27 Feb 2026), management changes and the dividend (11 May 2026), restricted-stock disposals (25 Jun and 24 Jul 2026), the Taiwan subsidiary (3 Aug 2026) and others. The substance of a few reaches English the same day in the results materials: the Q2 deck explains the forecast revision, the Q1 FY3/2027 deck (p.23) covers the Taiwan subsidiary, and the dividend is in the English results. Re-checked 21 Oct 2026. A few, so 2. Source document →
R4English disclosure free of machine-translation accuracy disclaimers5/5
Nothing is presented as machine-translated: the English results, decks, 2030 vision and company briefing carry no machine-translation notice, and the site has no translation widget. The results' line that the Japanese original prevails is precedence language, scored under R5. Re-checked 21 Oct 2026; the earlier 3 had no recorded reason. So 5. Source document →
R5English version stated as authoritative, not subordinate to Japanese2/5
The English results (3 Aug 2026) say the Japanese original shall prevail; the English decks, the 2030 vision and the company briefing carry only an investment disclaimer, without that clause. Re-checked 21 Oct 2026. Subordination stated on some documents, not all, so 2. 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 the review date. Compare this question across companies →
Capital-policy review
No capital action has been reviewed for this company yet. The monitor covers a selection of companies and, within them, a selection of actions. See the companies covered →
Balance sheet and capital-policy indicators
No balance-sheet reading has been published for this company. See the companies covered →
Changes to this record
- Research error 21 October 2026 · F1: 4 → 3. The English results for the quarter to 30 June 2026 are four pages against ten in Japanese: the summary, balance sheet and income statement, without the qualitative review or the notes. Statements without notes score 3. The earlier record relied on an English results deck, which is not a tanshin.
- Research error 21 October 2026 · F8: 4 → 5. The latest English results cover the same quarter as the latest Japanese filing (to 30 June 2026, published 3 August 2026).
- Research error 21 October 2026 · R5: 1 → 2. The English results say the Japanese original prevails, but the English results deck carries only an investment disclaimer. The clause is on some documents, not all.
- Research error 21 October 2026 · F5: 0 → 3. The English decks give the sales mix by business category every quarter, without profit; the single segment is stated only in Japanese. The earlier record looked only at the English results.
- Research error 21 October 2026 · F7: 2 → 5. The English decks give the basis of the forecast (sales by store type, same-store growth, the hedge ratio) and explain the November 2025 upward revision. The earlier record did not use the decks.
- Research error 21 October 2026 · S1: 0 → 5. Medium-Term Growth Vision 2030 is published in English, complete and page for page with the Japanese. The earlier note said it was Japanese-only.
- Research error 21 October 2026 · S2: 0 → 4. An English results deck is published for every quarter, the same day as the Japanese; the FACT BOOK and Q&A are Japanese-only. The earlier note said no English deck was found.
- Research error 21 October 2026 · S3: 0 → 5. The English Company Briefing Materials have a dedicated market-share section (40.7% of Japan's workwear retail market). The earlier note found no English equity story.
- Research error 21 October 2026 · S4: 0 → 5. The English Growth Vision 2030 attaches numbers to its drivers: store openings, logistics investment and FY2030 sales and profit goals. The earlier note said it was Japanese-only.
- Research error 21 October 2026 · S7: 0 → 3. The English full-year deck summarises progress on the Growth Vision in words, and each deck sets store counts against the medium-term goal. The earlier note assumed there was no English plan.
- Research error 21 October 2026 · O2: 2 → 5. All 46 English links on the IR pages open English documents; three labels are wrong.
- Research error 21 October 2026 · O3: 0 → 5. All 46 English links on the IR pages resolve. The earlier note said there was no English archive to check.
- Research error 21 October 2026 · O5: 0 → 4. The IR news list carries the English results, decks and Growth Vision on one dated page; the company briefing is listed elsewhere.
- Research error 21 October 2026 · O6: 0 → 5. English results and decks for every quarter since FY3/2021, plus the Growth Vision and a company briefing. The earlier note counted one English document.
- Research error 21 October 2026 · O7: 0 → 3. Every English deck, the Growth Vision and the company briefing give the IR Group's telephone and email. The earlier note said the results were the only English document.
- Research error 21 October 2026 · R1: 3 → 5. TDnet shows the English results and deck filed at the same time as the Japanese for each of the last four periods.
- Research error 21 October 2026 · R2: 2 → 1. Results are in English the same day, but the AGM notice, governance report and securities report have no English version, so the median lag is over 90 days.
- Research error 21 October 2026 · R3: 0 → 2. No timely disclosure has an English version, but the substance of a few (the forecast revision, the Taiwan subsidiary, the dividend) reaches English the same day in the results materials.
- Research error 21 October 2026 · R4: 3 → 5. No English document is presented as machine-translated; the 'Japanese original prevails' line belongs to R5. The earlier score had no recorded reason.
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.