Toyo Keizai Estimates | Toyo Keizai Data Services

Toyo Keizai Estimates provides comprehensive earnings forecasts information for all listed companies in Japan for two terms. Our analysts report every company directly and make an original forecast. We have trusted by both individual and institutional investors in Japan as well as overseas.

Why Toyo Keizai?

Full coverage of all listed companies in Japanese exchanges

We provide not only large cap data but also small cap. Now our data covers over 3700 companies.
Two terms forecasts

Our data contains current fiscal year data and we also have forecasts for next fiscal year and next interim settlement.
Leading estimates in Japan

Toyo Keizai Estimates is one of the most dominant forecasts in Japan.

Sample Use Cases

Reference information for investment

Many banks and hedge funds avail themselves of Toyo Keizai Estimates in order to find investment destinations.
For modelling

Toyo Keizai Estimates can be used for modelling. For example, you can make Discounted Dividend Model By DPS.
Alternative for the company's forecast

In case the companies don't disclose earning estimates, you can refer to Toyo Keizai Estimates instead.

Specifications

Coverage	All listed companies in Japan excluding BOJ, preferred stock, foreign Stock, ETF, REIT, subsidiary tracking stock, etc.
Data History	Weekly update since 1995 Daily update since 2001
Fields	Annual and interim estimates for each field: sales, operating income, current profit, net profit, EPS, and DPS.
Frequency	Weekly or Daily update
Delivery	・Internet FTP　TREND3EPOT(RDB) ・Vendors feed (FactSet, S&P Global Market Intelligence, RIMES, Refinitiv)
Vendors	Information Vendors cooperate with Toyo Keizai: Some vendors can not adapt for daily update. FACTSET https://www.factset.com/ RIMES https://www.rimes.com/ S&P Capital IQ https://www.spglobal.com/marketintelligence/ Refinitiv https://www.refinitiv.com/ Wharton Research Data Services (WRDS) https://wrds-www.wharton.upenn.edu/