EDITORIAL POLICY

Editorial policy

Traceability comes before novelty; a clear company portrait matters more than a fixed number of facts.

1. Start with company-published primary sources

Our default sources are financial and IR materials, securities reports, fact books, integrated reports, operating data and official corporate announcements. Important facts link back to the source.

2. Usually collect 20–30 candidates before editing down

We do not fill a preset quota. We gather broadly, then keep the facts that connect with one another and change how the company looks.

3. Label editorial calculations

When we divide, subtract or otherwise calculate from disclosed figures, we identify the result as our calculation and preserve the underlying values.

4. Separate evidence from interpretation

Our concluding “what emerges” section is editorial interpretation. We distinguish that reading from the facts and do not present assumptions about motive or the future as disclosed fact.

5. Use charts only when comparison becomes faster

We primarily use bars, pies, equation cards and comparison cards. We do not force unlike units onto one axis or use arrows to imply causation that the source does not establish.

6. Treat lenses as editorial organization

Lenses such as “Building IP” or “Operating store networks” are not company-published classifications. They are editorial ways to browse connected evidence across articles, and are kept separate from the companies’ own descriptions.

7. No investment recommendations

From Financials is not designed to provide buy/sell calls, stock rankings, valuation targets or price forecasts.

8. Correct errors

When we confirm an error in a figure, source, translation or calculation, we update the article and, when appropriate, record the change on the corrections page.