Japan Equity Research — English-Language Research on Japanese Companies for Middle East Investors | andern


Service 02 · Japan Equity Intelligence

Independent equity research on Japanese listed companies,
for Middle East capital.

Sourced from EDINET primary disclosures, we organise Japanese mid-cap, governance,
and M&A angles into English-readable form.
We close the information gap for Middle Eastern SWFs, family offices, and Japan-focused hedge funds.

market gap

Why this service
exists.

When Middle Eastern institutional investors and family offices look at Japanese companies,
English-language primary information is extremely limited.
We close that information gap.

  • Primary disclosures are Japanese-only.

    Annual securities reports, quarterly filings, and timely disclosures are prepared for the domestic Japanese market. English versions for overseas investors are either non-existent or extremely partial.

  • Major data vendors focus on large caps.

    Global vendors such as Bloomberg and S&P Capital IQ have thin coverage of Japanese mid- and small-cap names, and rarely explain Japan-specific issues in sufficient depth.

  • English IR materials lack context.

    Many English IR materials rely on machine translation, and routinely omit the background of Japan-specific governance dynamics, shareholder structure, parent-subsidiary listings, and responses to sub-1.0x P/B ratios.

  • No reframing through a Middle East lens.

    Sharia-compliance, alignment with PIF / Mubadala strategies, and MENA expansion exposure — company assessments along the axes that Middle Eastern capital actually cares about are simply not being produced.

who we serve

Primary client segments.

The institutional investors below — primarily in the Middle East and Asia — are our intended clients.

SEGMENT 01

Sovereign Wealth Funds

Investment teams within Mubadala, ADIA, ADQ, QIA, and PIF-affiliated entities. As Japan allocations expand, they require English-language research on mid-caps and governance.

SEGMENT 02

Family Offices

The 120-plus family offices registered in DIFC and ADGM. Many wish to hold Japanese equities directly, but lack a dedicated Japan analyst in-house.

SEGMENT 03

Japan-Focused Hedge Funds

Japan long-short and activist funds based in Hong Kong and Singapore. They value an independent perspective that complements existing English-language research.

SEGMENT 04

Cross-Border M&A

Japanese M&A brokers, PE funds, and advisers seeking exit routes into Middle Eastern capital. They need English-language target information to source those opportunities.

product menu

Product structure.

From single reports to annual retainers and M&A broker partnerships, we offer five tiers of service.
Combinations across tiers and bespoke arrangements are also available on request.

Tier 1
T1

Single-Stock Brief

An English-language report on an individual stock. Covers primary disclosures, five-year financials, governance, shareholder structure, and the investment angles relevant to Middle Eastern capital.

Length12–18 pages
Lead time3 weeks
Exclusivity60 days

Tier 1+
Q-Update

Quarterly Update

A quarterly update following an initial T1 purchase. Reflects new earnings disclosures and delivers a delta-only update four times per year.

Frequency4 times per year
Length10–12 pages (delta)
EligibilityInitial T1 buyers

Tier 2
T2

Sector / Theme Brief

A sector- or theme-based screen covering 20–30 names plus a deep dive on the top five. Examples include renewables, semiconductors, consumer, and entertainment.

Length35–50 pages
Lead time5–6 weeks
Exclusivity90 days

Tier 4
T4

Annual Retainer

An annual contract covering monthly T1 reports, Q&A support, quarterly calls, and (Premium only) on-the-ground Tokyo visits. Built for SWFs and large family offices.

PlansEntry / Standard / Premium
Included T1s2–5 per month
Q&A hours5–20 per month

Partnership
T-MA

M&A Co-Source Brief

A co-sourcing brief for Japanese M&A brokers. We produce primary materials suitable for presentation to prospective Middle Eastern buyers, available as a one-off or under a monthly retainer.

Length6–10 pages
Lead time2 weeks
ClientsM&A brokers

Syndicated editions (re-released after the exclusivity period) are also available for both T1 and T2 reports. Please contact us for details.

Independent Equity Research · Sample

Koei Tecmo
Holdings

TSE Prime · 3635 · Entertainment Software

For Middle East Investors · 11 pages · April 2026

sample report

A sample report is
available, free of charge.

Saudi Arabia’s PIF, through its Savvy Games Group, holds approximately 9% of Koei Tecmo Holdings (TSE Prime · 3635).
Our 11-page English sample report (prepared April 2026) is available for download once you register your email address.

  • A factual summary drawn from the annual securities report (filed 20 June 2025)
  • Strategic alignment with Saudi PIF / Savvy Games Group
  • Implications of the June 2025 governance overhaul
  • An overview of the 4th medium-term plan and MENA market expansion
  • M&A and strategic angles seen through a Middle East capital lens (four perspectives)


Your registered email address will be used solely to send the sample and, if you opt in, our newsletter. We do not share your details with third parties.

methodology

How we produce reports.

Reports rely solely on publicly disclosed information. We do not provide proprietary valuations or investment recommendations.

METHOD 01

EDINET-based primary information

Annual securities reports, quarterly filings, and timely disclosures (TDnet) form our primary sources. We supplement these with Kaisha Shikiho, industry journals, and the JPX English Disclosure Gateway.

METHOD 02

Cite company disclosures

Earnings guidance and medium-term plan KPIs are cited as published by the company. We do not provide our own analyst forecasts.

METHOD 03

Middle East lens reframing

We restructure governance reform, shareholder composition, and M&A angles around the strategic priorities of SWFs, PIF, and Mubadala — that is, the axes Middle Eastern investors care about.

METHOD 04

Bilingual quality assurance

Every report is drafted by a Japan-based analyst and finalised by a native English-speaking editor — a two-stage process that safeguards English-language quality.

METHOD 05

Confidentiality and redistribution control

Each report is watermarked with the client name, issue date, and a serial ID. A non-redistribution clause is written into every engagement contract.

METHOD 06

Regulatory compliance (factual research)

We do not publish Buy/Sell ratings, target prices, or proprietary valuations. The service operates within the scope of the UAE Commercial Information Services licence.

Legal stance
This service is provided under the UAE Commercial Information Services licence as factual information. We compile, summarise, and explain publicly disclosed information; we do not provide individualised investment advice or recommendations. Always consult appropriately licenced advisers before making investment decisions.

faq

Frequently asked questions.

How is this different from Bloomberg or Smartkarma?

Bloomberg and Capital IQ are database-led products with thin coverage of Japanese mid-caps. Smartkarma’s contributor quality varies considerably. We specialise in independent research that takes Japanese primary information and reframes it for Middle Eastern investors.

Is there a coverage limit?

In year one we focus on TSE Prime and Standard mid-caps, at a pace of roughly four to six names per month. We can also extend coverage on a request basis.

How is translation quality assured?

Reports are drafted by Japanese-native bilingual analysts and finalised by a native English-speaking editor — a two-stage process. We do not rely on raw machine translation.

Are these reports investment advice?

No. This service operates as factual research under the UAE Commercial Information Services licence. We do not provide Buy/Sell ratings or target prices.

What is the typical lead time?

Standard lead times are three weeks for a T1 single-stock brief and five to six weeks for a T2 sector report. Expedited delivery is available on a separate fee basis.

How is confidentiality protected?

We are happy to enter mutual NDAs. Reports are watermarked with the client name, issue date, and serial ID, and a non-redistribution clause is written into the engagement contract.

What currencies do you accept?

We bill in USD as standard. We can also bill UAE entities in AED. Payment terms are 50% upon order and 50% upon delivery for the first engagement; net 30 days after delivery for repeat clients.

What are syndicated editions?

Syndicated editions are reports re-sold to additional clients after the original exclusivity period (60 days for T1, 90 days for T2) ends. Initial buyers retain exclusive use during their exclusivity period.

next step

Start with the sample report.

The 11-page Koei Tecmo sample is available with a simple email registration. To discuss the service in detail or request specific coverage, book a 30-minute consultation.


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