Fundamentals | Toyo Keizai Data Services

TOYO KEIZAI's Fundamentals is a database comprised of data extracted from disclosed information such as the YUHO annual securities reports (equivalent to SEC Form 10-K), SHIHO quarterly securities reports (equivalent to SEC Form 10-Q), and TANSHIN flash reports (equivalent to SEC Flash Reports).

Ideal for time series analysis or cross-sectional analysis due to its coverage of all listed companies in Japan and long-term historical data updated every business day.

Why Toyo Keizai?

Long-term historical data and point-in-time information

You can access long-term historical data extracted from YUHO annual security reports (back to the 1970s), SHIHO quarterly security reports (back to 2008) and TANSHIN flash reports (back to 1985). Data items are equipped with point-in-time information, enabling comparison analysis between any chosen two points in time.
High accuracy through automatic extraction of XBRL data, combined with comprehensiveness achieved by manual input

Automatic extraction of XBRL data ensures speedy and highly accurate data. In addition, important information contained in the notes to the financial statements are manually input, enhancing the comprehensiveness of the database.
Adapts to different accounting standards and industry segments

Multiple accounting principles exist in Japan, including J-GAAP, US-GAAP, and IFRS. There are also slight differences in the accounts depending on the industry segment.
TOYO KEIZAI's Fundamentals data is provided in relational database (RDB) format with no restriction on the number of fields. We can make available accounts harmonized with the adopted accounting standards or relevant industry segments.

Sample Use Cases

Fundamental Analysis

Our rich historical data and comprehensive range of accounts enable multi-faceted analyses of company fundamentals.
Calculation of Various Financial Ratios (e.g. ROE, EPS)

Can be used to calculate various financial ratios such as ROE and EPS.
Selection of Investment Target

Can be used to facilitate screening of investment targets by comparing their fundamentals.

Specifications

Coverage	YUHO annual securities reports (equivalent to SEC Form 10-K): ・Annual Financial Statements required to be disclosed by the Financial Services Agency (FSA). All listed companies in Japan, J-REITs, and certain major unlisted companies are required to compile and disclose YUHO annual security reports within three months after the end of the fiscal year. SHIHO quarterly securities reports (equivalent to SEC Form 10-Q): ・Quarterly Financial Statements required to be disclosed by the Financial Services Agency (FSA). All listed companies in Japan are required to compile and disclose SHIHO quarterly security reports within 45 days from the end of the quarter. TANSHIN flash reports (equivalent to SEC Flash Reports): ・Flash reports required to be disclosed by Japan Exchange Group, Inc. (JPX). All listed companies in Japan (including on TOKYO PRO Market) are required to compile and disclose TANSHIN flash reports within 45 days from the end of the quarter.
Data History	Yuho Data since 1970’s Shiho Data since 2008 Tanshin Data since 1985
Frequency	Daily
Product Form	RDB(TREND3EPOT)/Vendors feed
Delivery	Internet FTP　TREND3EPOT(RDB) Vendors feed (FactSet, S&P Global Market Intelligence, RIMES, Refinitiv)
Vendors	By combining Toyo Keizai’s huge information and vendors’ functional tools, you can analyze companies deeper and more effectively. *Depending on the information vendors’ situation, it may not available on their service. Please contact each information vendors’ customer desk and confirm their services. Information Vendors cooperate with Toyo Keizai: FACTSET https://www.factset.com/ RIMES https://www.rimes.com/ S&P Capital IQ https://www.spglobal.com/marketintelligence/ LSEG https://www.lseg.com/