SEEING COMPANIES THROUGH THEIR OWN PRIMARY SOURCES

A company you know can look
different in the numbers.

We read company-published primary sources—financial and IR materials, operating data and corporate announcements—then connect the facts that reveal how the business really works. Not stock news—an invitation to look at a familiar company again.

Start with a surprising number Browse by lens →

NUMBERS THAT CHANGE THE PICTURE

Surprising numbers

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Start with a number that looks odd out of context, then open the company story that makes it meaningful.

ROUND ONE16.5%Share of revenue from bowling (site calculation)

Amusement is far larger than the activity that defines the brand image.

See what the number means →PPIH / Don Quijote96.2%Domestic share of operating profit in the plan base year (site calculation)

Despite “Pan Pacific International” in the name, profit was overwhelmingly domestic.

See what the number means →Sanrio62.7%Share from characters other than Hello Kitty (site calculation)

On gross profit from merchandising and licensing, the rest of the character portfolio is already the majority.

See what the number means →Zensho Holdings42.9%Revenue share from Hama-sushi plus global takeout sushi (site calculation)

Starting from the image of Sukiya makes the scale of sushi-related businesses surprising.

See what the number means →Ryohin Keikaku / MUJI757 storesStores outside Japan

That is more than the 717 stores in Japan—the company is larger overseas by store count.

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LENSES

Browse by how the company changes

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Not industry categories—these lenses describe how the company looks different after the numbers are connected.

3Building IP

Companies that grow characters and creative assets over time, then extend them into new forms.

Read through this lens →2Turning places into experiences

Companies that keep rebuilding reasons to visit, stay and spend time in large physical spaces.

Read through this lens →2Operating store networks

Companies that strengthen a store network by combining assortment, pricing and customer touchpoints.

Read through this lens →1Moving food at scale

Companies that connect procurement, production, logistics and sales to move food at very large scale.

Read through this lens →1Extending technology into new fields

Companies whose core technology travels into different products, spaces and services.

Read through this lens →7A different face overseas

Companies whose overseas business, products or store footprint reveals a different face from the one familiar in Japan.

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COMPANIES

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We reorder primary-source numbers so that the outline of the company emerges as you read.

FEATURED COMPANY

Capcom Co., Ltd.FY ended March 2026

Is Capcom a company that sells new games?

Game-company headlines revolve around new releases and launch sales. But when Capcom's 59.07 million FY2026 unit sales are split apart, new titles account for only 16.3%. The other 83.7% came from catalog titles released in earlier fiscal years.

83.7%Catalog-title share of unit sales

93.0%Digital unit-sales ratio

244Countries and regions with unit sales

What emerges

Capcom is not only a company that must keep landing new hits. New releases reactivate older games, while digital distribution, PC, global pricing, media use and licensing extend the selling life of IP. An in-house engine and more than 3,000 developers support that cycle.

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NEXT COMPANIES

Zensho Holdings Co., Ltd.FY ended March 2026

Is the company behind Sukiya really a beef-bowl company?

¥1.264tnFY2026 revenue

14,947Worldwide locations at March 2026

42.9%Hama-sushi + Global Ready-Made Meals share of revenue (site calculation)

What emerges

Zensho is less a company that owns a very large beef-bowl chain than a global food-infrastructure operator: restaurants, sushi takeaway, retail and other formats connected to a system that designs procurement, manufacturing, logistics and sales together.

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ヤマハ株式会社FY2026

Is Yamaha really a company that sells musical instruments?

30.6%Revenue from audio equipment

about 60%Professional use within audio equipment

10 million IDsFY2028 Yamaha Music ID target

What emerges

Yamaha is not moving away from being an instrument maker. It is extending the sound technologies and musician relationships built through instruments into spaces, cars, software, and ongoing services.

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株式会社ラウンドワンFY ended March 2026

Is Round One a bowling company?

60.2%Amusement share of revenue (site calculation)

59 storesU.S. stores in FY2026

~30/monthCollaboration campaigns

What emerges

ROUND ONE is less a chain of bowling alleys than an operator of large indoor entertainment boxes, continuously refreshing the reasons to visit through crane games, collaborations, sports, karaoke, standardized operations, and new formats.

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