04 / Coverage Map

Thousands of companies are invisible to foreign capital today.

Each dot is a listed company on TSE. Lit dots publish timely disclosures in English. Switch on Disclosure Desk to see the whole market light up.

1,709 / 3,693
companies with English timely disclosure
1,984
invisible to foreign investors
Prime · 1,553 companies97% in English (mandatory since Apr 2025)
Standard · 1,550 companies10% in English (no mandate)
Growth · 590 companies10% in English (no mandate)
English today Japanese only Unlocked by Disclosure Desk
Today on TDnet (2026-11-09)
230
of 591 filings came from Standard and Growth companies, mostly in Japanese only
33
31
30
16
16
16
14
13
Why JPXI should care
  • New revenue: an English TDnet feed sold through existing info-vendor channels.
  • Complements SCRIPTS Asia: transcripts cover ~1,300 companies' events; this covers every written disclosure.
  • Competes with PTS: more foreign participation in small caps means more liquidity on TSE.

Company counts are from the JPX listed-company register. English rates are from TSE's English Disclosure Survey (Dec 31, 2025): Prime 96.8%, all markets 46.5%, which implies about 10% for Standard and Growth. Each company's dot is assigned to illustrate those rates; in production it would come from JPX's English Disclosure Availability list.