Reviews 2026 and publishes a 2027 event calendar and sector-by-sector checklist. It organises the information sources and procedures used in due diligence.
This publication presents three pillars for conducting due diligence on individual Japanese stocks: a review of 2026, a 2027 event calendar and a sector-by-sector checklist. Each is linked to the others, allowing past verification to inform the next round of checks.
The 2026 review examines changes in business and earnings assumptions, not only share-price movements, and separates the reasons assumptions proved correct from unexpected factors. It considers how to assess demand growth supporting expansion and the effects of temporary earnings factors.
The 2027 event calendar links the items to be reviewed around earnings announcements with the dates for checking them, and indicates when to assess the impact of regulatory changes. It provides a process for tracking the relationship between announced schedules and their actual effects through information available in advance and post-earnings verification.
The sector-by-sector checklist takes into account differences in how profits are generated across industries and combines such factors as the form in which products or services are provided, the timing of collection and the timing of expenses. It also requires the sources of materials and changes in definitions to be recorded.