{
 "as_of": "2026-11-06",
 "cmr": "br-cm-kg/BVMF/BRSUZBACNOR0",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SUZANO S.A. (B3: BRSUZBACNOR0) — research page\n\nAs of 2026-11-06 · br-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SUZANO S.A., listed on B3, with ticker BRSUZBACNOR0 and ISIN BRSUZBACNOR0. The LEI is not on the record, because the roster carries none. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, with no filing types. The median gap between filing days is not on the record, and the latest filing date and latest filing type are not on the record. The exchange peers on B3 number 657 issuers, with a median cadence gap not on the record, a median of 0 filings, and a median latency not on the record. The sector peer comparison is not on the record.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, because the market's register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because the market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nFor the client category investidores profissionais, the outcome is not determinable. The rule states a product scope, but no scope object's bridge (cfi_categories) holds ISO 10962 ES, and the rule does not name the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 17 research houses: Banco do Brasil, CICC, Scotiabank, UBS, Bradesco BBI, BTG Pactual, Citibank, Genial Investimentos, Goldman Sachs, HSBC, Itau BBA, Jefferies, J.P. Morgan, Morgan Stanley, Safra, Santander and XP Investimentos.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://arquivos.b3.com.br/api/download/?token=<one-time> (identity.exchange)\n- https://mcp.br-cm-kg.ai/events/BVMF/BRSUZBACNOR0 (the disclosure lines)\n- https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18 (the halt flag)\n- https://mcp.br-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx (coverage)\n- https://mcp.br-cm-kg.ai/record/BVMF/BRSUZBACNOR0 (the record)\n",
 "market": "BR",
 "node": "br-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BR vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BR",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BR",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BR",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "br-cm-kg/BVMF/BRSUZBACNOR0",
  "coverage": {
   "count": 17,
   "houses": [
    {
     "analyst": "Mary Cleia da Silva",
     "house": "Banco do Brasil",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "Nov-25",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Yan Chen",
     "house": "CICC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "Mai-26",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Alfonso Salazar",
     "house": "Scotiabank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "Jun-26",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Caio Greiner",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "Abr-25",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Rafael Barcellos",
     "house": "Bradesco BBI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Leonardo Correa",
     "house": "BTG Pactual",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Gabriel Barra",
     "house": "Citibank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Luca Vello",
     "house": "Genial Investimentos",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Marcio Farid",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Jonathan Brandt",
     "house": "HSBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Sasson",
     "house": "Itau BBA",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Francisco Barbosa",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Rodolfo Angele",
     "house": "J.P. Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Julia Rizzo",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Ricardo Monegaglia",
     "house": "Safra",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Yuri Pereira",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Lucas Laghi",
     "house": "XP Investimentos",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx",
     "result": "read: 17 of 22 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "stated per house where the page states it",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 657,
     "median_cadence_gap_days": null,
     "median_filings": 0,
     "median_latency_days": null,
     "name": "B3"
    },
    "sector": {
     "market": "BR",
     "state": "not_on_record"
    }
   },
   "by_type": {},
   "cadence_median_gap_days": null,
   "filing_days": 0,
   "filings": 0,
   "latency_days": null,
   "latest": [],
   "latest_filing_date": null,
   "note": "no disclosure line on the record for this issuer in the window",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.br-cm-kg.ai/events/BVMF/BRSUZBACNOR0",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "B3"
   },
   "isin": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "BRSUZBACNOR0"
   },
   "jurisdiction": {
    "market": "BR",
    "state": "not_on_record"
   },
   "lei": {
    "market": "BR",
    "reason": "the roster carries none",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "SUZANO S.A."
   },
   "sector": {
    "market": "BR",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BR",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BR",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "B3 Cadastro de Instrumentos (InstrumentsConsolidatedFile) 2026-11-06; SgmtNm=CASH, MktNm=EQUITY-CASH, SctyCtgyNm=SHARES, CFI ES*/EP*; ISIN as published by B3; MIC BVMF (ISO 10383)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://arquivos.b3.com.br/api/download/?token=<one-time> (via https://arquivos.b3.com.br/api/download/requestname?fileName=InstrumentsConsolidatedFile&date=2026-11-06)",
    "state": "sourced",
    "value": "BRSUZBACNOR0"
   },
   "website": {
    "market": "BR",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BR",
  "node": "br-cm-kg",
  "numbers_hash": "sha256:db214542ce94b268d4dbcf9d14a48bebcbdc973333bff361593e050869d8dab1",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "investidores profissionais"
   ],
   "outcomes": {
    "investidores profissionais": {
     "determinable": false,
     "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 ES, nor names the subject's class: the subject is not shown within the scope",
     "signal": null
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.br-cm-kg.ai/book/aio.json",
    "door": "https://mcp.br-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1",
   "section": "br.aio.v6"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.br-cm-kg.ai/record/BVMF/BRSUZBACNOR0",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:db214542ce94b268d4dbcf9d14a48bebcbdc973333bff361593e050869d8dab1",
 "path": "/br/BVMF/BRSUZBACNOR0",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is SUZANO S.A., listed on B3, with ticker BRSUZBACNOR0 and ISIN BRSUZBACNOR0. The LEI is not on the record, because the roster carries none. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, with no filing types. The median gap between filing days is not on the record, and the latest filing date and latest filing type are not on the record. The exchange peers on B3 number 657 issuers, with a median cadence gap not on the record, a median of 0 filings, and a median latency not on the record. The sector peer comparison is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor and its location are not on the record. Auditor changes are not on the record, because the market's register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because the market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the client category investidores profissionais, the outcome is not determinable. The rule states a product scope, but no scope object's bridge (cfi_categories) holds ISO 10962 ES, and the rule does not name the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/br/cvm-suitability-resolu-o-cvm-n-30-2021-arts-2-3/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 17 research houses: Banco do Brasil, CICC, Scotiabank, UBS, Bradesco BBI, BTG Pactual, Citibank, Genial Investimentos, Goldman Sachs, HSBC, Itau BBA, Jefferies, J.P. Morgan, Morgan Stanley, Safra, Santander and XP Investimentos.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://arquivos.b3.com.br/api/download/?token=<one-time>"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.br-cm-kg.ai/events/BVMF/BRSUZBACNOR0"
  },
  {
   "for": "the halt flag",
   "source": "https://sistemasweb.b3.com.br/PlantaoNoticias/Noticias/Index?agencia=18"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.br-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://ri.suzano.com.br/Portuguese/Informacoes-Aos-Investidores/Cobertura-de-Analistas/default.aspx"
  },
  {
   "for": "the record",
   "source": "https://mcp.br-cm-kg.ai/record/BVMF/BRSUZBACNOR0"
  }
 ],
 "title": "SUZANO S.A. (BRSUZBACNOR0) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}