{
 "as_of": "2026-11-06",
 "cmr": "ch-cm-kg/BX/GEY",
 "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# Garmin Ltd (BX Swiss: GEY) — research page\n\nAs of 2026-11-06 · ch-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Garmin Ltd, listed on BX Swiss under ticker GEY, ISIN CH0114405324, LEI 2549001E0HIPIJQ0W046. Its security type is Corporate. Segment is not on the record. Sector is not on the record, as the SIX feed returns an empty ICB industry for this line. Jurisdiction is Switzerland, a Zefix-registered corporation. Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 7 filings in the twelve months from 2025-11-06 to 2026-11-06, on 7 filing days. The median gap between filing days is 13.5 days. The latest filing is dated 2026-11-03, 3 days before the record date of 2026-11-06, and is a newswire release. By type, the record holds 4 newswire releases, 2 register mutations and 1 results filing. The BX Swiss exchange median is 6 filings, a median cadence gap of 43.2 days and a median latency of 9 days, across 19 issuers. Sector peer figures are not on the record for this market.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers AG. Its location is not on the record. Auditor changes are not on the record, as this 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, as this register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, each determinable. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the investor-relations pages read, so the count is 0.\n\n## Open research\n\nNo openly published research notes were found, so the count is 0.\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\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.bxswiss.com/instruments/CH0114405324 (identity.exchange)\n- https://www.zefix.ch/en/search/entity/list?name=Garmin%20Ltd (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.ch-cm-kg.ai/events/BX/GEY (the disclosure lines)\n- https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions (the halt flag)\n- https://www8.garmin.com/aboutGarmin/invRelations/reports/2025_Annual_Report.pdf (the auditor)\n- https://mcp.ch-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ch-cm-kg.ai/record/BX/GEY (the record)\n",
 "market": "CH",
 "node": "ch-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the CH vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "read_by": "read by ChatGPT (batch)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www8.garmin.com/aboutGarmin/invRelations/reports/2025_Annual_Report.pdf",
    "state": "filled",
    "value": "PricewaterhouseCoopers AG"
   },
   "auditor_firm_id": {
    "market": "CH",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CH",
    "state": "not_on_record"
   },
   "changes": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "ch-cm-kg/BX/GEY",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 19,
     "median_cadence_gap_days": 43.2,
     "median_filings": 6,
     "median_latency_days": 9,
     "name": "BX Swiss"
    },
    "sector": {
     "market": "CH",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "newswire_release": 4,
    "register_mutation": 2,
    "results": 1
   },
   "cadence_median_gap_days": 13.5,
   "filing_days": 7,
   "filings": 7,
   "latency_days": 3,
   "latest": [
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www.prnewswire.com/news-releases/garmin-introduces-descent-x10-the-essential-dive-computer-for-underwater-adventures-302926666.html",
     "title": "Garmin introduces Descent X10, the essential dive computer for underwater adventures",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-29",
     "source": "https://www.prnewswire.com/news-releases/garmin-celebrates-global-digital-health-innovation-at-2026-garmin-health-summit-in-asia-302923529.html",
     "title": "Garmin celebrates global digital health innovation at 2026 Garmin Health Summit in Asia",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.prnewswire.com/news-releases/garmin-announces-third-quarter-2026-results-302921655.html",
     "title": "Garmin announces third quarter 2026 results",
     "type": "results"
    },
    {
     "category": null,
     "date": "2026-10-06",
     "source": "https://www.prnewswire.com/news-releases/meet-approach-s72-garmins-ultimate-golf-smartwatch-302895769.html",
     "title": "Meet Approach S72: Garmin's ultimate golf smartwatch",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-01",
     "source": "https://www.prnewswire.com/news-releases/garmin-earns-nmea-manufacturer-of-the-year-honors-for-a-record-12th-consecutive-year-302896223.html",
     "title": "Garmin earns NMEA Manufacturer of the Year honors for a record 12th consecutive year",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ch-cm-kg.ai/events/BX/GEY",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "BX Swiss instruments list (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bxswiss.com/instruments/CH0114405324",
    "state": "sourced",
    "value": "BX Swiss"
   },
   "isin": {
    "read_by": "BX Swiss instruments list (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bxswiss.com/instruments/CH0114405324",
    "state": "confirmed",
    "value": "CH0114405324"
   },
   "jurisdiction": {
    "read_by": "Zefix federal commercial register index (zefix.ch public web API, name-exact + corporation legal form) (legal form)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.zefix.ch/en/search/entity/list?name=Garmin%20Ltd",
    "state": "sourced",
    "value": "Switzerland (Zefix-registered corporation)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN CH0114405324)",
    "state": "sourced",
    "value": "2549001E0HIPIJQ0W046"
   },
   "name": {
    "read_by": "BX Swiss instruments list (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bxswiss.com/instruments/CH0114405324",
    "state": "sourced",
    "value": "Garmin Ltd"
   },
   "sector": {
    "market": "CH",
    "reason": "the SIX feed returns an empty ICB industry for this line",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "BX Swiss instruments list (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bxswiss.com/instruments/CH0114405324",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CH",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "BX Swiss instruments list (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bxswiss.com/instruments/CH0114405324",
    "state": "sourced",
    "value": "GEY"
   },
   "website": {
    "market": "CH",
    "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": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "CH",
  "node": "ch-cm-kg",
  "numbers_hash": "sha256:5f610109f7f8601c6e53b76b2b9c986bd7aae04ce2d1a9858961a2eb8af4ae7a",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Privatkundinnen und -kunden",
    "professionelle Kunden",
    "institutionelle Kunden"
   ],
   "outcomes": {
    "Privatkundinnen und -kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "institutionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ch-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ch-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ch/finsa-product-duties/r1",
   "section": "ch.aio.v8"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ch-cm-kg.ai/record/BX/GEY",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:5f610109f7f8601c6e53b76b2b9c986bd7aae04ce2d1a9858961a2eb8af4ae7a",
 "path": "/ch/BX/GEY",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Garmin Ltd, listed on BX Swiss under ticker GEY, ISIN CH0114405324, LEI 2549001E0HIPIJQ0W046. Its security type is Corporate. Segment is not on the record. Sector is not on the record, as the SIX feed returns an empty ICB industry for this line. Jurisdiction is Switzerland, a Zefix-registered corporation. Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 7 filings in the twelve months from 2025-11-06 to 2026-11-06, on 7 filing days. The median gap between filing days is 13.5 days. The latest filing is dated 2026-11-03, 3 days before the record date of 2026-11-06, and is a newswire release. By type, the record holds 4 newswire releases, 2 register mutations and 1 results filing. The BX Swiss exchange median is 6 filings, a median cadence gap of 43.2 days and a median latency of 9 days, across 19 issuers. Sector peer figures are not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers AG. Its location is not on the record. Auditor changes are not on the record, as this 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, as this register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, each determinable. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the investor-relations pages read, so the count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found, so the count is 0.",
   "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": "8 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://www.bxswiss.com/instruments/CH0114405324"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://www.zefix.ch/en/search/entity/list?name=Garmin%20Ltd"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ch-cm-kg.ai/events/BX/GEY"
  },
  {
   "for": "the halt flag",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions"
  },
  {
   "for": "the auditor",
   "source": "https://www8.garmin.com/aboutGarmin/invRelations/reports/2025_Annual_Report.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ch-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ch-cm-kg.ai/record/BX/GEY"
  }
 ],
 "title": "Garmin Ltd (GEY) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}