Company Reviews

Five-Year Annual Securities Report Reviews

Five-year comparisons of annual securities reports, covering changes in business portfolios, management strategy, risks, financials, dividends, and other key areas.

Published reviews:7

Company Reviews

Newest updates first

2914

5-Year Review

JAPAN TOBACCO INC.

日本たばこ産業

FoodsPrimeIFRSConsolidated

December 2021〜December 2025

A five-year review of JT’s business portfolio changes, including the integration of its tobacco businesses, the VGR acquisition, and the divestiture of the pharmaceutical business.

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4568

5-Year Review

DAIICHI SANKYO COMPANY,LIMITED

第一三共

PharmaceuticalPrimeIFRSConsolidated

March 2022〜March 2026

This five-year review looks at business expansion centered on oncology, the major alliance with Merck, domestic group restructuring, and changes in shareholder returns, including the introduction of a progressive dividend policy.

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5333

5-Year Review

NGK Corporation

NGK

Glass & Ceramics ProductsPrimeJapan GAAPConsolidated

March 2022〜March 2026

Business portfolio changes over five years, including the reorganization from four businesses to three, growth investment in Digital Society Business, and the decision to discontinue NAS battery manufacturing and sales.

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5344

5-Year Review

MARUWA CO.,LTD.

MARUWA

Glass & Ceramics ProductsPrimeJapan GAAPConsolidated

March 2022〜March 2026

Reorganization of domestic ceramic components production, expansion of overseas sales operations, and capital investment in growth markets over five years.

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6146

5-Year Review

DISCO CORPORATION

ディスコ

MachineryPrimeJapan GAAPConsolidated

March 2022〜March 2026

As semiconductor demand shifted toward generative AI and high-performance chips, this five-year review examines DISCO's precision processing business, investments in R&D and manufacturing capabilities, and improving profitability.

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7747

5-Year Review

ASAHI INTECC CO.,LTD.

朝日インテック

Precision InstrumentsPrimeJapan GAAPConsolidated

June 2022〜June 2026

Maintained its two-business structure of the Medical and Device Divisions while expanding overseas, investing in new areas, and reorganizing and expanding its group companies.

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8058

5-Year Review

Mitsubishi Corporation

三菱商事

Wholesale TradePrimeIFRSConsolidated

March 2022〜March 2026

Major changes over the five-year period included the reorganization from 10 business groups to 8, Lawson’s transition to an equity-method affiliate, and a large-scale acquisition agreement for a U.S. shale gas business.

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