Data Set
Results Forecast Comment
Delivery FrequencyDaily
FrequencyEach time the comment is made
SourceTDnet, QUICK Corp.

The Results Forecast Comment summarizes the result forecasts, commentaries, and other materials disclosed by the companies, and uses the following two comments.

(1) Automatically-generated comments: Comments that are automatically generated by using language analysis technology to read the materials disclosed on TDnet (timely disclosure information service) of the Tokyo Stock Exchange; and

(2) Excerpted comments on company plans: Excerpted comments on company plans from the Main Points Report and the IPO Follow-up Report (*1) published by the QUICK Corporate Valuation Research Center.
*1. A report summarizing the materials/commentaries by the companies and factual reporting from a neutral perspective.

QUICK Analysis Report
Delivery Method
(1) Automatically-generated comments: All listed companies in Japan
(2)Excerpted comments on company plans: Approximately 850 listed companies are covered. The scores are updated within a month from the announcement of the financial results and the revision of the results forecast. Scores are updated even if there were no revisions to the results forecasts at the time of financial results announcements during the term.
Historical Data
From:Feb 2020
Sales Territory
Pricing Models
Monthly subscription


QUICK Probability
of Default
QUICK Probability of Default (PD) is an estimate of the probability of default of each individual company. This service uses stock price and option pricing theory although there are several methods for the calculation. Financial statements showing the debt repayment capacity of individual companies are difficult to obtain at any time. On the other hand, "stock prices" are considered to incorporate information such as corporate value and debt repayment capacity in a timely manner. Therefore, by processing the "stock price," we calculate the estimated PD quickly. Specifically, we consider "stock value = call option value with corporate assets as underlying assets" and estimate the probability that the stock value becomes negative (i.e., the "probability of default," which is the probability of becoming insolvent).
view more
Extracted Data
From Financial Statements
This data service provides the following extracted data from text comments in “Financial Statements” and “Revisions to Financial Forecasts” published on TDnet (Timely Disclosure network).
・The number of positive / negative per section*
・Key word per section*
(* The section is classified into three categories; Overview, Business segment and Outlook.)
・Assumed exchange rates for the yen, dollar and euro
・Prices of crude oil, fuel oil, naphtha, gold, copper, zinc / lead and nickel
・"Important matters on going concern assumption" or "Notes on going concern assumption" is stated or not.
view more
Financial Results
The Financial Results Score is a reference index which statistically calculates the degree of impact that financial results and revisions of results forecasts disclosed by companies have on stock prices. The reaction of stock prices to announcements of financial results and results forecasts will vary depending not only on how good or bad the announcement is but also on market assumptions and the degree to which its impact have been incorporated. The Financial Results Score takes major revenue items such as sales, classifies them based on comparisons with (1) the results of the previous term, (2) the latest company forecasts, and (3) market forecasts (QUICK consensus), and aggregates and calculates how similar patterns impacted past and subsequent stock prices. A positive Financial Results Score indicates that the current financial results will likely to boost stock prices, while a negative Financial Results Score indicates that the results will likely to lead to falling stock prices statistically.
view more
Materials (TDnet, EDINET)
The "Corporate Disclosure Flash Report" covers and conducts automatic analyses of the disclosures posted on "TDnet", the Tokyo Stock Exchange's service providing timely disclosure releases and "EDINET", the Financial Services Agency's electronic disclosure system for disclosure materials. By utilizing AI, this service promptly identifies and delivers important information such as the purchase of treasury shares, the revision of results forecasts, stock splits, etc.
view more
Transcripts of
earnings meetings
This service provides local language and English transcripts of investor-targeted events such as shareholder meetings, earnings meetings in Japan and APAC. It is an innovative service that provides text, audio, and images on time. Meta information of events and the full meeting transcript also can be utilized for text analysis.
view more