{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/VIB3",
 "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# VILLEROY + BOCH AG VZ (Xetra: VIB3) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is VILLEROY + BOCH AG VZ, listed on Xetra under ticker VIB3, ISIN DE0007657231, LEI 529900NK4WP5QSWI8X50. Its security type is Corporate, segment DEUTSCHLAND, and jurisdiction Germany (Handelsregister HRB). The sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 9 filings on 7 filing days in the window 2025-11-06 to 2026-11-06, of which 8 are corporate_news and 1 is newswire_release. The median gap between filing days is 36.5 days. The latest filing is dated 2026-10-29, a corporate_news filing, 8 days before the record date of 2026-11-06. On Xetra the exchange peer median is 6 filings, a median cadence gap of 22.8 days, and a median latency of 5.5 days across 419 issuers. The sector peer comparison is not on the record for market DE.\n\n## Auditor\n\nThe auditor of record is Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, and its location is not on the record. Auditor changes are not on the record, because 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, because this register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable for any of the three client categories, Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and no signal code is given. The rule states a product scope, and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page as 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 date 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/529900NK4WP5QSWI8X50 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/VIB3 (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://www.villeroyboch-group.com/fileadmin/user_upload/VuB_AG_Annual_Report_2015_s.pdf (the auditor)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.de-cm-kg.ai/record/XETRA/VIB3 (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE 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://www.villeroyboch-group.com/fileadmin/user_upload/VuB_AG_Annual_Report_2015_s.pdf",
    "state": "filled",
    "value": "Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/VIB3",
  "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": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "corporate_news": 8,
    "newswire_release": 1
   },
   "cadence_median_gap_days": 36.5,
   "filing_days": 7,
   "filings": 9,
   "latency_days": 8,
   "latest": [
    {
     "category": "vorabbekanntmachung-finanzberichte",
     "date": "2026-10-29",
     "source": "https://www.eqs-news.com/de/news/vorabbekanntmachung-finanzberichte/villeroy-boch-ag-vorabbekanntmachung-ueber-die-veroeffentlichung-von-finanzberichten-gemaess-c2a7c2a7-114-115-117-wphg/9f85df28-8134-416f-8a6e-7d249f98c999_de",
     "title": "Villeroy & Boch AG: Vorabbekanntmachung über die ...",
     "type": "corporate_news"
    },
    {
     "category": "advance-financial-reports",
     "date": "2026-10-28",
     "source": "https://www.eqs-news.com/news/advance-financial-reports/villeroy-boch-ag-preliminary-announcement-of-the-publication-of-financial-reports-according-to-articles-114-115-117-of-the-wphg-the-german-securities-act/9f85df28-8134-416f-8a6e-7d249f98c999_en",
     "title": "Villeroy & Boch AG: Preliminary announcement of the publication of financial reports according to Articles 114, 115, 117 of the WpHG [the German Securities Act] | Advance financial reports - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-27",
     "source": "https://www.eqs-news.com/news/corporate/villeroy-boch-stays-on-course-and-confirms-adjusted-full-year-forecast-in-a-volatile-market-environment/72c4564c-76c5-4534-8c2c-c90328e61739_en",
     "title": "Villeroy & Boch stays on course and confirms adjusted full-year forecast in a volatile market environment | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-10-27",
     "source": "https://www.eqs-news.com/news/corporate-news/villeroy-boch-haelt-kurs-und-bestaetigt-angepasste-jahresprognose-in-volatilem-marktumfeld/72c4564c-76c5-4534-8c2c-c90328e61739_de",
     "title": "Villeroy & Boch hält Kurs und bestätigt angepasste Jahresprognose in volatilem Marktumfeld | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-27",
     "source": "https://www.eqs-news.com/de/news/corporate/villeroy-boch-haelt-kurs-und-bestaetigt-angepasste-jahresprognose-in-volatilem-marktumfeld/72c4564c-76c5-4534-8c2c-c90328e61739_de",
     "title": "Villeroy & Boch hält Kurs und bestätigt angepasste Jahresprognose in volatilem Marktumfeld | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-10-29",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/VIB3",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE0007657231"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/529900NK4WP5QSWI8X50",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "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 DE0007657231)",
    "state": "sourced",
    "value": "529900NK4WP5QSWI8X50"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "VILLEROY + BOCH AG VZ"
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "VIB3"
   },
   "website": {
    "market": "DE",
    "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": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:1227f3e693df7d1f13315457ff76142dd7d822b5e924dce873128db40673326c",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": false,
     "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class: the subject is not shown within the scope",
     "signal": null
    },
    "Privatkunden": {
     "determinable": false,
     "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class: the subject is not shown within the scope",
     "signal": null
    },
    "Professionelle Kunden": {
     "determinable": false,
     "reason": "the rule states a product scope and no scope object's bridge (cfi_categories) holds ISO 10962 EP, 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.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/VIB3",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:1227f3e693df7d1f13315457ff76142dd7d822b5e924dce873128db40673326c",
 "path": "/de/XETRA/VIB3",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is VILLEROY + BOCH AG VZ, listed on Xetra under ticker VIB3, ISIN DE0007657231, LEI 529900NK4WP5QSWI8X50. Its security type is Corporate, segment DEUTSCHLAND, and jurisdiction Germany (Handelsregister HRB). The sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 9 filings on 7 filing days in the window 2025-11-06 to 2026-11-06, of which 8 are corporate_news and 1 is newswire_release. The median gap between filing days is 36.5 days. The latest filing is dated 2026-10-29, a corporate_news filing, 8 days before the record date of 2026-11-06. On Xetra the exchange peer median is 6 filings, a median cadence gap of 22.8 days, and a median latency of 5.5 days across 419 issuers. The sector peer comparison is not on the record for market DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, and its location is not on the record. Auditor changes are not on the record, because 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, because this register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable for any of the three client categories, Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and no signal code is given. The rule states a product scope, and no scope object's bridge (cfi_categories) holds ISO 10962 EP, nor names the subject's class, so the subject is not shown within the scope. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page as 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 date 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/529900NK4WP5QSWI8X50"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/VIB3"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the auditor",
   "source": "https://www.villeroyboch-group.com/fileadmin/user_upload/VuB_AG_Annual_Report_2015_s.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/VIB3"
  }
 ],
 "title": "VILLEROY + BOCH AG VZ (VIB3) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}