Corrections

2026-10-18

• JR East: The sources for Suica’s issued-card count and planned services were changed to Group Report 2025. The article now makes clear that more than 100 million refers to cards issued, not users, and that the autumn 2026 functions were plans described in that report. The property targets are supported by the April 30, 2026 disclosure and distinguish ¥1.2tn of AUM by March 2032 from approximately more than ¥600bn of cumulative property-sales operating income over April 2025–March 2032. Existing financial figures and the FACT BOOK page 45 citation are unchanged.
• Oriental Land: Aligned Q&A citations with permanent official Japanese and English URLs while retaining the old registration. Corrected Fact Book citations to physical page 3 for guest demographics, page 4 for group investment and related figures, and page 6 for park investment; omitted an unsupported source publication date. The company-defined ¥188.427bn operating cash flow means profit plus depreciation and differs from ¥181.281bn cash flows from operating activities in the cash-flow statement. The ¥11.2bn personnel increase is higher expense, not a positive profit contribution. The cruise plan’s company FY2028 means the year ending March 2029. Amounts are retained with their definitions, signs and periods clarified.
• TDK: Corrected Corporate Outline references in both languages from physical PDF page 3 to 5 for scale, business mix and overseas ratios; from 4 to 6 for portfolio history; and from 5 to 7 for applications from cassettes. In the Japanese results briefing, the Ferrite Tree reference moves from page 25 to 24 and thin-film-inductor process application from 30 to 29. English pages 25 and 30 were already correct. Clarified that the chart’s 45.3% combines all businesses outside Energy Application Products, unlike the company’s separate Other segment at 2.1%. Previously displayed amounts and percentages are unchanged.
• Ryohin Keikaku: Added the Corporate Profile as direct support for exact consolidated revenue of ¥784.629 billion and 422 mainland-China stores, which the previously cited numbers page does not fully establish. The FY2028/8 plans of ¥1.08 trillion and ¥108 billion now cite the Japanese original’s ¥100-million units because the English source table has an incorrect unit heading; article amounts are unchanged. Clarified that roughly 6,000 activities and 270,000 participants for FY2024/8 are aggregate event-days and total participant occurrences, not distinct events or unique people. Added the Regions and Communities page as direct support for the existing statement that MUJI BASE is company-operated.
• Nintendo: Clarified that 136.91 million Switch software units cover the full fiscal year ended March 2026, rather than only the period after Switch 2 launched. Results pages 12 and 26 support bundled actuals and the treatment of Switch 2 Edition, download-only software and other exclusions. Replaced “one week later” with the actual February 27 and March 5 launch dates, clarified that the five-/six-week sell-through windows cross March 31, and corrected “above four million” to “at least four million.” Added official support for Mario Kart’s 2017 launch and the technology center’s Kyoto location. The Museum’s ¥8.857 billion is a carrying value at March 31, 2026, not construction cost. The published amounts and unit counts are unchanged.
• Zensho: Clarified that 941 overseas openings are gross openings, not net network growth. Added direct page support for closures and year-end counts, franchise locations in takeaway sushi, and external-customer segment revenue. The official brand pages support the supermarket-counter format. Franchise operators’ checkout sales are distinguished from Zensho’s consolidated revenue. Disclosed figures are unchanged.
• PPIH: Changed the direct citation for consolidated sales from the performance webpage, whose tables depend on external scripts, to physical page 1 of the results PDF. The original webpage remains registered. Physical pages 9–10 support H1 pricing and tax-free sales, pages 3 and 8 support the long-term plan, and pages 5 and 35 support the Robin Hood comparison. The 27.6% is customer share among visitors to Japan, not tax-free customers as a share of all store traffic. Robin Hood compares May–July or June–July and includes opening demand; it is not a June-year full-year result or an all-store average. Separated the business-wide gross margin of 27.9% (down 0.2 point) from the same-store margin of 27.7% (up 0.1 point), replacing the direct attribution of the overall decline to pricing. Existing figures are unchanged.
• HOYA: Added a direct Japanese chronology reference for 1962, which is omitted from the English page. Distinguished growth in nearline HDD shipments from growth in sales of 3.5-inch substrates, replacing the inherited claim of substrate shipment growth. Company FY25 is the year ended March 2026; the plant plan’s FY28 is April 2028–March 2029. The two segment amounts total ¥945.431bn rather than the consolidated ¥947.749bn. The existing company-rounded 62/38 shares are retained with that nonreconciliation stated, without inventing a residual allocation.
• Fujikura: The 1980 fusion splicer was described as single-fiber. Both official histories identify it as a splicer for single-mode fiber, so we corrected the term. Optical mode and fiber count are different properties. We also added physical PDF pages 6 and 23 of the integrated report for the telecommunications customer and product descriptions. Financial amounts and sales shares are unchanged.
• Meiji: The English label for ¥1,173.7 billion of consolidated sales in the year ended March 2026 said “rounded down.” We corrected it to a rounded display; the disclosed amount is ¥1,173,688 million and the displayed figure is unchanged. The penicillin-history reference now points to physical page 9 of the company-guide PDF rather than “web.” We also expanded the physical-page references supporting food and pharmaceutical categories, their performance drivers and the reconciliation of segment figures with consolidated results.
• Mitsubishi Electric: Replaced the English FY2025 wording with the year ended March 2026 and the source’s actual Fiscal 2026 title. This is the same economic period called fiscal 2025 in Japanese; amounts and the year-end date are unchanged. Official control-function explanations now support the PLC/CNC roles separately from the history pages supporting release dates. Physical PDF pages 13 and 21 were added for the five-group comparison. The English origin sentence was narrowed to the supported 1921 establishment, and Japanese infrastructure categories now use the source’s formal names.
• Nichirei: Clarified that the ¥92.6bn overseas logistics revenue included in the March-2026 consolidated results uses January–December 2025 overseas accounts. The warehouse-capacity comparisons use domestic association statistics for 2024 and the GCCA list from April 2026; they do not establish balances at a common date. Physical PDF pages 34–35 now support the disclosed ¥2.8bn profit increase and ¥2.4bn depreciation-method and related effect, with page 3 added for rounding. Ice-making and cold-storage operations began in wartime 1943, rather than after the war. The 1959 history describes development of a refrigerated truck capable of Tokyo–Kyushu transport, not a documented scheduled-route launch. Pages 10 and 41 distinguish the Food reporting period from April-2026 operational integration, and page 39 supports the logistics-service mechanism. Published amounts and capacity figures are unchanged.
• Yamaha Motor: Replaced the serial summary “Motorcycle → marine → factory” with the company’s stated powertrain, chassis/hull and control capabilities. Reusing YA1 parts in an outboard and selling robots developed for internal production are two separately documented business routes, not a sequence in which marine technology became robotics. Marine’s revenue is compared with the Land Mobility segment, rather than motorcycles alone. FY2025 financial figures and calculated shares are unchanged.

2026-10-17

• Shimano: Revised the summary’s broad description of the company as embedded inside other products, distinguishing bicycle components from fishing-tackle products such as reels. Added the corresponding detailed English technology page for the precision-machining explanation. Financial figures are unchanged.
• Sony: Qualified the statement excluding Financial Services from continuing operations. From Q3 FY2025, equity-method profit or loss on the retained SFGI interest is included in continuing-operations operating income or loss. The reported sales and operating-income amounts are unchanged.
• Ajinomoto: Corrected the remaining 22.5% in the sales chart from “Non-food” to “Other segments,” since Healthcare and Others also includes food-use amino acids and supplements. Clarified that the ABF illustration labels layers on each side of the substrate, not whole-substrate totals, and that 2031 onward is an outlook. Corrected Japanese Other sales from ¥15.0bn to the ¥14.9bn displayed in the company overview.
• ASICS: Corrected earnings-presentation links from printed slide numbers to physical PDF pages. An additional script page partway through the English PDF means some localized page numbers differ. Reported figures are unchanged. We also narrowed the broad claim that running technology extends across the lifestyle portfolio to the supported relationships: SportStyle's use of design assets, specialist-retailer sales and Onitsuka Tiger's company-owned flagships.
• Capcom: Aligned the primary citation for catalog sales with physical page 7 of the results presentation. The previously cited English consumer-sales page reverses the New and Catalog row labels; the unit figures and 83.7% share verified in the PDF are unchanged. Physical-page links for PC and overseas sales, countries and regions, Resident Evil 7, IP activity and developer numbers were also corrected. The English PDF URLs include 2025, but their contents were verified as the fiscal year ended March 2026.
• Kagome: The English chronology ends in 2013 and does not support the 2024 consolidation of Ingomar. Both localized cards now cite physical page 4 of the already registered FY2025 release. The year and company are unchanged, and the chronology remains in the source list. We also revised the English summary's description of the entire domestic business as direct selling to households to reflect a segment that includes foodservice and mail order.
• Makita: Added direct links to the business-strategy page for sales in around 180 countries and the FY2025 operating margin of 13.5%. The previously cited at-a-glance page alone does not establish 180 countries, and factsheet page 1 does not print the 13.5% margin. The figures are unchanged. Narrowed the general description of network-wide parts supply to the documented repair and return of tools.
• Kawasaki Heavy Industries: Added the existing chronology as the direct source naming Shozo Kawasaki as the founder in 1878. The previously cited business-history index establishes the 1878 shipyard origin but does not name the founder; the chronology does. The person and year are unchanged.
• YKK: The YKK article for the year ended March 2026 previously dated its entry into building products to 1959. That year marks the start of aluminum casting and extrusion. Following YKK AP’s history, the article now distinguishes the predecessor company’s establishment in 1957, manufacture and sales of aluminum building products in 1963, commercial-building sashes in 1965, and residential sashes in 1966. We also added a direct corporate-profile citation for YKK’s founding in 1934.
• KOKUYO: The cited sources did not sufficiently support the current-business description “design and delivery of working spaces,” corresponding to “space design and construction” in Japanese. Narrowed the explanation to disclosed Furniture results and the product development and Osaka live office documented in KOKUYO’s history. This does not mean KOKUYO does not provide those services. The 2025 sales and operating-income figures are unchanged.
• Nabtesco: Corrected both articles’ results-presentation links from printed page numbers to physical PDF pages: page 15 for group results, 16 for segment revenue, and 41–44 for products and market shares. Clarified that FY2025 revenue, operating profit and prior-year comparisons cover continuing operations, excluding the hydraulic equipment business, and added PDF page 2 for the reporting scope. Financial amounts and company-estimated market shares are unchanged.
• KEYENCE: Corrected the Annual Report 2026 links for overseas sales and product scope from printed pages 3 and 7 to physical PDF pages 5 and 9. The disclosed figures and calculations are unchanged.
• Yakult: Corrected the Japanese rounded FY3/2026 consolidated operating profit from ¥45.1 billion to about ¥45.2 billion. The disclosed ¥45,185 million is unchanged, and the English figure already used this rounding. We also revised the overseas-expansion dates that the English business-overview page alone did not support, citing physical p.15 of the existing supplementary PDF for the Taiwan business's 1964 start. Daily bottle volumes retain their separate periods, overseas calendar 2025 and Japan April 2025–March 2026, with links narrowed to their respective physical PDF pages 15 and 20.
• Nitori: Corrected the Japanese results presentation reference for the 1,212-store plan at March 2027 from physical PDF page 11 to page 48. Page 11 of the English presentation is correct; the planned count and date are unchanged. Both languages now cite the current Japanese business-model page for present operations, rather than an older English page containing 2016 information. The original source remains listed.
• SECOM: Narrowed the fire-protection description from manufacturing and installation to the provision of fire-alarm and extinguishing systems, which the cited source directly supports. Five business cards now cite physical PDF page 21 for exact million-yen figures in addition to page 5 for business descriptions. The amounts are unchanged.
• Fast Retailing: Corrected the English approximation of FY2025 UNIQLO Japan operating profit from ¥184.4bn to approximately ¥184.5bn, consistently rounding the unchanged disclosed ¥184,451 million. Revenue shares are now identified as site calculations using disclosed segment revenue and rounded consolidated revenue of ¥3.4005tn. Replaced the split that equated the entire non-UNIQLO remainder with GU and Global Brands alone.
• Asahi Kasei: Corrected the publication date of the Japanese technology-story source from March 13 to March 6, 2024. The English source remains dated March 13. Neither article’s publication date nor fiscal scope changes.
• Bandai Namco: Corrected the IP-axis strategy and Gundam cross-business references from printed page numbers to physical PDF pages: 4 in the Japanese results report and 7 in English. Precise segment amounts now cite the results report’s segment table rather than rounded presentation figures. IP sales and business-segment sales are overlapping views, not categories to add together.
• Yamaha: Dated the roughly 60% professional-use share to the September 2025 audio-business briefing. Corrected the conclusion that attached it directly to audio revenue for the year ended March 2026. Automotive-system adoption and configurations are also identified as observations from that briefing. Music Connect’s FY2027 and FY2034 sales targets, including M&A, are at least ¥5bn and ¥10bn; the earlier “more than” wording incorrectly excluded those thresholds.
• NGK: Clarified the Japanese summary so that the 59.6% Environment segment is not read as automotive-exhaust products alone. It also includes other activities. The mix uses the FY2025 structure before the FY2026 segment reclassification.
• Ricoh: Corrected the heading suggesting Office Services overtook Office Printing in the latest year. Services were already larger in the preceding year, and the gap widened: ¥924.3bn versus ¥904.0bn in the year ended March 2025, then ¥1,009.3bn versus ¥881.7bn in March 2026.
• Terumo: Standardized the largest field’s English name as Cardiac and Vascular, distinguishing it from the Cardiovascular business within that field. Added physical PDF page 5 of the Corporate Guide to support the reference to Dr. Shibasaburo Kitasato.
• ROUND ONE: Corrected the conflation of the Japanese Food Hall adjacent to entertainment facilities with the separately managed Round One Delicious project. Approximately 14 seats, $750 average spend, 4,000 annual guests and $3 million annual sales are May 2026 per-restaurant plans for Round One Delicious. Fact Book references now use physical PDF pages: 7 for consolidated figures, 11 for service revenue, and 4–5 for venue activities.
• Mitsubishi Heavy Industries: Corrected wording that could place Engineering within Energy Systems when explaining order growth. Engineering belongs to Plants & Infrastructure Systems. The order-intake and other financial amounts are unchanged.
• Murata: Corrected “83 group companies” to “83 subsidiaries.” The official figure counts subsidiaries, not all group companies including the parent.
• Shiseido: Replaced “geographic export ratio” with “geographic overseas-sales ratio” in the English caveat for the 69.6% segment calculation. The calculation is unchanged. The company-profile figures now retain their separate reference dates; approximately 1,100 researchers includes research staff and is dated January 1, 2026.
• Nikon: Corrected the implication that microscopy developed from photography. Nikon’s microscope dates to 1925 and its camera to 1948. The article now explains parallel optical applications and acquisitions, and clarifies that the three-business-to-two-business cash allocation is a management plan rather than measured cash transfers.
• Sanrio: Corrected the “62.7% other than Hello Kitty” grouping and clarified its denominator. The source measures gross profit from domestic and overseas merchandise and licensing businesses, with the categories: Hello Kitty 37.3%, multiple characters 16.2%, and other characters 46.5%. The source does not establish that the multiple-character category excludes Hello Kitty.
• Kao: Added Business Connected, representing 2.3% of external-customer sales, which was missing from the comparison labeled as five businesses.
• Canon: Corrected the Japanese summary’s trillion-yen camera claim to the ¥1.0549 trillion Imaging business, including cameras and network cameras, etc. Both languages now explain that the four displayed groups exclude Others and Corporate and that internal transactions are eliminated on consolidation.
• Kikkoman: Replaced the “78.2% overseas / 21.8% other” split because the comparison involves intersegment transactions and consolidation eliminations. The 78.2% calculation is retained with its scope explained. The North American 28.0% business profit margin belongs to the food manufacturing and sales division, not soy sauce alone. The English wholesale-growth period is now FY3/2017–FY3/2026, corresponding to FY2016–FY2025 in the Japanese convention.
• ORIX: Corrected wording that treated ¥265.2 billion of capital gains as capital being recouped. Capital gains are distinguished from ¥1.1 trillion of Cash In from capital recoupment and ¥800 billion of Cash Out for new investments.
• Fujifilm: Clarified that “12 of 16 bioreactors sold” describes commitments for production capacity equivalent to 12 bioreactors, rather than a sale of the equipment itself. The qualification that this includes informal agreements as well as signed contracts is retained. The current No.1 position specifically in copper-wire CMP slurry is now distinguished from the FY2030 target for overall CMP slurry.

Sanrio and Canon PDF links were also aligned with physical PDF page numbers, which differ from the printed page numbers. The articles link directly to their sources.