確認メモ（原文・英語）FY2026 Third Quarter Consolidated Financial Results, 9 October 2026, the same day as the Japanese - but its own first line says it was 'extracted and translated': 7 pages against 13. The summary, balance sheet, income statements and a geographical/product segment table are there; the qualitative overview of results, position and forecasts, the notes, and the auditor's interim review report are not. Every quarter is published, on time, cut down.
確認メモ（原文・英語）The English tanshin is an extract, and its first line says so: 'extracted and translated from the Japanese original'. FY2025 Consolidated Financial Results (8 Jan 2026) is 13 English pages against 19 Japanese. The English carries the summary pages, balance sheet, income statement, comprehensive income, changes in equity, cash flows, the geographical segment table, per-share information and product sales. It drops all of section 1, the qualitative review of results, financial position, cash flows and outlook (Japanese pp4-8), and the text notes: going concern, accounting changes, and the segment note's description of the reportable segments. Q3 FY2026 (9 Oct 2026) is 7 English pages against 13 Japanese and also drops the qualitative overview and the notes (going concern, significant changes in equity, special accounting, cash-flow note). The Japanese auditor's interim review report is also omitted, but that does not count. The qualitative review and the notes are cut.
確認メモ（原文・英語）The latest English statements are in the tanshin. Q3 FY2026 has the balance sheet and the income and comprehensive income statements; FY2025 adds the changes in equity and cash flows. The only notes that survive are the geographical segment table, sales by product segment and per-share data. The accounting notes, the going-concern and equity notes, and the segment definitions are Japanese-only. There is no English securities report. The 56-page OSG Report 2025 carries no financial statements, only KPI charts. Statements without the notes.
確認メモ（原文・英語）The English IR library offers consolidated results, the OSG Report, the governance report, a fact sheet and the articles of incorporation. No securities report in English under any name.
確認メモ（原文・英語）Every English tanshin has 'Operations by Geographical Segment', giving sales to customers, inter-area transfers and operating income for Japan, the Americas, Europe/Africa and Asia. For example, the Q3 FY2026 Americas figures are sales ¥31,626m and operating income ¥7,055m. The FY tanshin adds assets, depreciation and capex. Each tanshin also has net sales by product segment (taps, end mills, drills, rolling dies, gauges, machines). Every deck repeats segment sales and operating profit by quarter. But the English never states what the segments are or how they are measured: the Japanese note's '報告セグメントの概要' (segments based on the production and sales structure) and its measurement basis are not translated. Every period, definitions unstated.
確認メモ（原文・英語）No Excel or CSV file anywhere on the English IR site. We searched for xls/csv/excel/zip/data links on the IR top, Financial Highlights, IR Library, Consolidated Financial Results, OSG Report, Stock Information and Notices pages. What exists instead: the Financial Highlights page has an HTML table of five years (2021-2025) of P&L, balance-sheet, per-share and capex figures, and every results deck has a PDF 'Selected Financial Data' slide covering 2015 to date. Neither is a downloadable data file.
確認メモ（原文・英語）The full-year FY2026 forecast is in every English tanshin. The current revised figures (9 Oct 2026) are sales ¥193bn, operating income ¥36bn, net income ¥24bn and EPS ¥288.48. The Q3 deck (p18) gives the revision table (previous against revised) with the FX assumption 'US$=155, Euro=180'. The FY2025 deck had the original basis (US$=150, Euro=170) and a regional market review. Each revision has an English notice issued the same day with its reasons: 2 Jul 2026 (H1), 10 Jul 2026, and 9 Oct 2026. The 9 Oct notice cites demand in aerospace and defense, semiconductor equipment, data centres, energy and medical, tungsten inventory timing, and US tariff refunds. There are no segment forecasts, and the English tanshin drops the Japanese outlook paragraph. Still, the FX assumption plus a market view, with every revision explained, meets the two-of-three rule.
確認メモの要点（当調査による日本語要約）中期経営計画「Beyond the Limit 2027」の英文資料は17ページで日本語と同じで、2026年10月9日に両言語で更新されました。2027年度のROE 10%超、営業利益率16%超、世界のタップシェア40%などの目標を示し、完全で現行のため5点です。
確認メモ（原文・英語）The English plan 'Beyond the Limit 2027' (Stage 2, FY2025-FY2027) is 17 pages, matching the Japanese 17. Both versions were updated 9 Oct 2026 and are linked from the Medium-term Management Plan page. It quantifies the targets: ROE over 10% and an operating margin over 16% for FY2027, a 40% global tap share, a 20% cut in CO2 by FY2030 against FY2024, 1.5x dental tool sales by 2030, ¥10bn diamond-tool sales by 2030, and a Stage 2 cash allocation (operating cash flow ¥80-90bn, strategic investment ¥60-70bn, returns up to ¥50bn). OSG Report 2025 adds the customer-industry portfolio targets. The current plan, complete and current in English.
確認メモ（原文・英語）A Financial Results Report deck in English for every quarter, posted the same day as the Japanese - Q3 FY2026 is 40 pages against the Japanese 40. The Japanese library offers nothing beyond the tanshin and the deck, so the English reader is not missing a supplement.
確認メモの要点（当調査による日本語要約）英語のIRメニューに「OSG's Advantage」の3ページと投資家向けファクトシート「OSG at a Glance」があり、タップの世界シェア30%超、35か国の販売網などで強みを数値化しているため5点です。
確認メモ（原文・英語）The English IR menu has an 'OSG's Advantage' section of three pages (High Value Added Products, Global Network, Product Development Capability) and 'OSG at a Glance', a one-page investor fact sheet as of 30 Nov 2025. The fact sheet quantifies the strengths: tap world share over 30% as world leader, a 35-country sales and service network, 85 consolidated companies, overseas sales ratio and regional split, product and customer-industry mix, and the 45% payout / 3.5% DOE return policy. OSG Report 2025 has an 'OSG's Core Strengths' chapter. A dedicated page with quantified strengths.
確認メモ（原文・英語）The English MTP deck names the drivers and puts numbers on them. Taps and A-brand: raise global tap share to 40%. Micro and precision tools: 30% or more of sales by 2030. Dental and medical: 1.5x dental tool sales by 2030 against 2024, with 60% share in Japanese dental tools. Diamond tools (Contour, OSG Diamond Tool): ¥10bn sales by 2030. Fastener products: double sales. Job coating: 29 sites in 16 countries. Growth industries (aerospace, energy, semiconductors and AI data centres, medical) are named with sales-outlook charts. The Q3 deck repeats these. Named drivers with numbers attached.
確認メモ（原文・英語）No briefing transcript or Q&A in English. The English results library (Consolidated Financial Results) lists only the tanshin and the Financial Results Report deck per quarter, and the IR News list has nothing else. The Japanese side has none either: its 決算短信・決算説明資料 page carries only 決算短信 and 決算説明資料 for every quarter back to FY2024 Q1, with no 質疑応答 or 書き起こし. The Japanese IR News adds only 株主通信 and statutory filings.
確認メモ（原文・英語）2025 OSG Report (Integrated Reporting), 28 pages against the Japanese 28, its reporting period the fiscal year ended November 2025 - the latest closed year, since OSG's fiscal year ends in November. The current edition, complete.
確認メモ（原文・英語）OSG Report 2024 (English, 68 pp) has a section 'Reviewing Beyond the Limit Stage 1 of the Medium-Term Management Plan' (p22-23). It sets Stage 1's targets against the FY2024 actuals: operating income ¥30bn against ¥18.9bn, ROA 15% against 7.4%, A-brand share of standard products 30% against 31% (met), micro and precision tools 20% against 15%, coating and reconditioning 10% against 7%, and the customer-industry mix. It explains the misses: Greater China lagging from FY2023, the Japanese auto certification production cuts, and global inflation in labour, energy and materials costs. OSG Report 2025 shows the Stage 1 targets beside the FY2025 progress, and the MTP deck gives Stage 1 cash-allocation results. Target against actual, with the variances explained.
確認メモ（原文・英語）The Corporate Governance Report filed with TSE, in English, 20 pages, 'Last Updated: February 24, 2026' - the post-AGM update for a November year-end company, current.
確認メモ（原文・英語）The English Notice of the 113th Ordinary Shareholders' Meeting (29 Jan 2026) covers all seven directors on the board, since every seat was up for election: 2 executive directors and 5 Audit & Supervisory Committee members. Each has a full career history, positions, board attendance, years served (Ishikawa 22, Osawa 7, Tomiyoshi 4, Takahashi 8, Hara 6, Yamashita 4, Hayashi 2) and reasons for nomination. The four outside directors are marked 'Independent Officer'. The English Corporate Governance Report repeats the independence designations. Every director, with tenure, expertise and independence.
確認メモ（原文・英語）The English AGM notice of 29 Jan 2026 (p14) has 'Skills matrix of each Director if Proposals 2 and 3 are approved', covering all 7 directors. It shows years served, independence, gender and Nomination and Compensation Committee roles, across ten skills: general management, manufacturing/technology, sales/marketing, finance/accounting, banking, internationality, legal, risk management, governance and diversity. This is the board composed after the 20 Feb 2026 AGM. The current matrix in English.
確認メモ（原文・英語）The English Corporate Governance Report (updated 24 Feb 2026, pp12-13) sets out the whole scheme. Pay is fixed basic compensation (cap ¥396m), variable pay, and restricted stock (cap ¥200m and 100,000 shares a year); Audit & Supervisory Committee members get fixed pay only. Variable pay is a profit-linked bonus calculated as consolidated operating income times a rank ratio (Chairman 0.3645%, President 0.4050%, Managing Officers 0.1620%), capped at ¥700m, plus a personal assessment bonus capped at ¥50m. It also gives the KPI's target against actual (¥21,000m against ¥20,330m) and the total paid for FY2025 (¥350m). The AGM notice gives the bonus proposal (¥158m for two directors). Per-type amounts are only in the Japanese securities report. Structure, KPI, formula weights and amounts. Set to 4 in review, 15 Oct 2026: the English gives the structure, the operating-income bonus formula and the ¥350m total, but the amounts by pay type are only in the Japanese, so the amounts element is partial; floor of 4/5.
確認メモ（原文・英語）Notice of the 113th Ordinary Shareholders' Meeting, electronic provision from 29 January 2026 for a meeting on 20 February - 22 days - with the Reference Documents for all four proposals, including each candidate's reasons for nomination. It points to a Japanese-only posting site (s.srdb.jp) for the shareholder documents, but that is a copy of the materials, not the voting route. Re-checked 23 Oct 2026 (G5 voting-site sweep, after the independent audit): the Japanese notice names the voting website, www.web54.net (Sumitomo Mitsui Trust Bank), which is in Japanese only, with no English option, as for ESPEC (6859) and Nitto Boseki (3110). Every proposal in English, but a Japanese-only voting route, so 4.
確認メモ（原文・英語）The English Notices page carries the convocation notices only. The Japanese page publishes a 決議通知 (notice of resolutions) after every meeting - 20 February 2026 the latest - with no English counterpart.
確認メモ（原文・英語）The English Corporate Governance Report's Principle 1.4 text is the standard policy: holdings are kept where they build medium- to long-term relationships, the board reviews each holding's economic rationale yearly, and 'we intend to sell off holdings that have become less significantly important in stages'. The MTP deck and OSG Report 2024 list 'reduction of cross-shareholdings / policy shareholdings' as a balance-sheet measure. But no English source gives the count or amount held, a reduction target, or progress. Those are in the Japanese 有価証券報告書 only, which has no English version. The policy only.
確認メモ（原文・英語）The English homepage header (https://www.osg.co.jp/en/index.html) has a visible 'Investor' link, beside Careers and Japanese, that goes straight to /en/about_us/ir/. One click.
確認メモ（原文・英語）We sampled 26 English document links across types and years, and every one opened in English (the only Japanese is 'PowerPoint プレゼンテーション' in some PDF title metadata). Tanshin: Q3 FY26, Q2 FY26, Q1 FY26, FY25, Q1 FY24, Q3 FY2016. Decks: Q3, Q2 and Q1 FY26, FY25, Q1 FY24. Notices: revisions 9 Oct and 2 Jul 2026, officer changes 17 Nov 2025, return policy 8 Jan 2026, CB conversion price 20 Feb 2026, restricted stock 21 Feb 2025. Also the Corporate Governance Report, AGM notices 2026 and 2024, OSG Reports 2025, 2024 and 2023, Annual Report 2015, the MTP decks of 9 Oct 2026 and Jul 2025, OSG at a Glance, the April 2026 Audit Committee newsletter, and the Articles of Incorporation. All English.
確認メモ（原文・英語）All of these rendered their content: IR top (latest IR News), IR Library, Consolidated Financial Results, OSG Report, Notices, Financial Highlights (table), Basic Information (stock summary and major shareholders), Dividend Information (policy and chart), Credit Rating & Bond, Analyst Coverage, IR Calendar, Vision, the MTP page, the Audit Committee newsletter page, OSG's Advantage pages, Disclaimer, and paginated IR News by year. There are no blank lists or failed widgets. Some content is stale: the Dividend page still states the old 35-40% payout policy, the IR Calendar shows 2023-2024, and Analyst Coverage is dated Oct 2024. The stock price is an external Japanese-only link. Every page renders.
確認メモ（原文・英語）The English IR News works as the library. Every item is dated and typed ('Financial Results', 'Report', 'Notice'), with category filters and year tabs from 2016 to 2026, ten items a page. It covers every document type: tanshin, decks, the integrated report, Corporate Governance Report, AGM notices, fact sheet, MTP, Audit Committee newsletters and timely notices. The IR Library pages are also split by type (results by fiscal year, OSG Report, Notices), each dated. One typed, dated list of every type, with filters.
確認メモ（原文・英語）The archive is populated across types. IR News goes back to 2016, for example the FY2016 Q3 tanshin (6 Oct 2016) and Annual Report 2015 (18 Apr 2016), and both still open. The results library has tanshin and decks for every quarter from FY2024 Q1 (Apr 2024) to Q3 FY2026. The OSG Report library has 2023, 2024 and 2025. Notices has AGM notices for 2024, 2025 and 2026. Several years across document types.
確認メモ（原文・英語）Named in the tanshin header - Kazuyoshi Mizobuchi, Strategic Planning Center Senior Manager, +81-533-82-3289. The site has a dedicated 'Investor Information' inquiry form, but it is reached through Customer Support > Contact Us > a tab headed 'Contact Information for inquiries / consultation regarding IR'; nothing on the English IR top page links to it. Genuine and dedicated, not obvious.
確認メモ（原文・英語）Both of the latest two periods were the same day in both languages. Q3 FY2026: English tanshin and deck listed 9 Oct 2026, the same as the Japanese (EN tanshin PDF created 8 Oct, EN deck 9 Oct 14:26). Q2 FY2026: English and Japanese tanshin and deck listed 10 Jul 2026 (EN tanshin created 9 Jul). Both decks were re-saved after the listing date (JA 13 Jul, EN 14 Jul). The English and Japanese results libraries carry identical dates for every period back to FY2024 Q1. The English tanshin is an extract (see F2), but there is no fuller English version released later, so it is not a summary-first case. Same day every period.
確認メモ（原文・英語）Per-document lags, from listing dates: Q3 FY26 tanshin EN 9 Oct and JA 9 Oct 2026 = 0. Q2 FY26 tanshin EN and JA 10 Jul 2026 = 0. AGM notice EN 29 Jan and JA 29 Jan 2026 = 0 (EN PDF created 26 Jan). Corporate Governance Report EN 25 Feb and JA 25 Feb 2026 = 0 (EN modified 24 Feb). Securities report: no English version (JA filed 19 Feb 2026), counted as >90. Median 0 days.
確認メモ（原文・英語）The Japanese IR News お知らせ for 15 Oct 2025-15 Oct 2026 has 11 timely disclosures. They are: officer changes (17 Nov 2025); the new shareholder-return policy (8 Jan 2026); restricted stock disposal and the CB conversion-price adjustment (both 20 Feb 2026); restricted-stock payment completion (17 Mar); the H1 forecast revision (2 Jul); forecast and dividend revisions (10 Jul and 9 Oct); the buyback decision and ToSTNeT-3 purchase (9 Oct); and the ToSTNeT-3 result (13 Oct). The English IR News has all 11, each on the same date. Spot-checked PDFs were created on or before the date (17 Nov notice created 14 Nov; 8 Jan same day; 20 Feb CB notice 18 Feb; 9 Oct revision 9 Oct). The 決議通知 is a shareholder notice, not a timely disclosure (see G6). All, same day.
確認メモ（原文・英語）The rendered English pages (homepage, IR top and sub-pages) have no machine-translation banner, pop-up or translate widget. The IR Disclaimer page covers forward-looking statements and accuracy and does not mention translation. The documents carry only human-translation precedence lines: 'the original shall prevail' on the tanshin and AGM notice, and 'summary English translation ... the original Japanese document prevails' on the notices. Those belong to R5. Nothing is presented as machine-translated.
確認メモ（原文・英語）The tanshin and the AGM notice say 'the original shall prevail'. The results deck, the Corporate Governance Report and the OSG Report carry no such statement. Disclaimed on some documents.