{
 "as_of": "2026-11-06",
 "cmr": "jp-cm-kg/TSE-PRIME/3433",
 "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# TOCALO Co.,Ltd. (Prime Market: 3433) — research page\n\nAs of 2026-11-06 · jp-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is TOCALO Co.,Ltd., listed on the Prime Market under ticker 3433. Its ISIN is not on the record and its LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 3550 Metal Products, and its jurisdiction is Japan (EDINET domestic filer). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 9 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 6.5 days. The latest filing is dated 2026-07-06 and is a regulatory filing, 123 days before the record date. The exchange median is 10 filings, a 29.0-day cadence gap and 70.0 days of latency across 1557 issuers. The sector median is 8 filings, a 34.5-day cadence gap and 96.5 days of latency across 87 issuers.\n\n## Auditor\n\nThe auditor of record is PwC Japan有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.\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 shows listed, not halted.\n\n## Orderability\n\nFor Qualified Institutional Investors, the outcome is not determinable, because the rule states a product scope and the record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 4 research houses: ICHIYOSHI RESEARCH INSTITUTE INC., SMBC Nikko Securities Inc., Tachibana Securities Co., Ltd. and Marusan Securities Co., Ltd.\n\n## Open research\n\nThe record holds 5 openly published research notes, all by Shared Research Inc.: 2025-06-30, 2025-03-14, 2024-07-09, 2023-06-23 and 2022-08-29.\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\n13 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.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx (identity.exchange)\n- https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip (identity.jurisdiction)\n- https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3433 (the disclosure lines)\n- https://www.jpx.co.jp/markets/equities/suspended/index.html (the halt flag)\n- https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFML (the auditor)\n- https://mcp.jp-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/ (coverage)\n- https://www.tocalo.co.jp/english/ir/news/news20250630103037/main/0/link/File29220078.pdf (open research)\n- https://www.tocalo.co.jp/english/ir/news/news20250318103060/main/0/link/File51975646.pdf (open research)\n- https://www.tocalo.co.jp/english/ir/news/news20240709103044/main/0/link/File80010107.pdf (open research)\n- https://www.tocalo.co.jp/english/ir/news/news20230623103087/main/0/link/File28278252.pdf (open research)\n- https://www.tocalo.co.jp/english/ir/news/news20220829103047/main/0/link/File80770828.pdf (open research)\n- https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3433 (the record)\n",
 "market": "JP",
 "node": "jp-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the JP vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "read_by": "EDINET XBRL-to-CSV facts (API v2 type=5, 有価証券報告書 docTypeCode 120) — element jpcrp_cor:AuditFirm1Consolidated",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFML",
    "state": "sourced",
    "value": "PwC Japan有限責任監査法人"
   },
   "auditor_firm_id": {
    "market": "JP",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "JP",
    "state": "not_on_record"
   },
   "changes": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "jp-cm-kg/TSE-PRIME/3433",
  "coverage": {
   "count": 4,
   "houses": [
    {
     "analyst": "Mitsuhiro Osawa",
     "house": "ICHIYOSHI RESEARCH INSTITUTE INC.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Hiroharu Watanabe",
     "house": "SMBC Nikko Securities Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Ken Irisawa",
     "house": "Tachibana Securities Co., Ltd.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Hideki Murakami",
     "house": "Marusan Securities Co., Ltd.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/",
     "result": "read: 4 of 8 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1557,
     "median_cadence_gap_days": 29,
     "median_filings": 10,
     "median_latency_days": 70,
     "name": "Prime Market"
    },
    "sector": {
     "issuers": 87,
     "median_cadence_gap_days": 34.5,
     "median_filings": 8,
     "median_latency_days": 96.5,
     "name": "3550 Metal Products"
    }
   },
   "by_type": {
    "ad_hoc": 2,
    "regulatory_filing": 5,
    "results": 2
   },
   "cadence_median_gap_days": 6.5,
   "filing_days": 5,
   "filings": 9,
   "latency_days": 123,
   "latest": [
    {
     "category": "135",
     "date": "2026-07-06",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YP28",
     "title": "確認書",
     "type": "regulatory_filing"
    },
    {
     "category": "訂正有価証券報告書 (amended annual report)",
     "date": "2026-07-06",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YOZB",
     "title": "訂正有価証券報告書－第75期(2025/04/01－2026/03/31)",
     "type": "regulatory_filing"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-07-02",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YOEL",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-06-23",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YGZO",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "135",
     "date": "2026-06-22",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFPY",
     "title": "確認書",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-07-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3433",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Prime Market"
   },
   "isin": {
    "market": "JP",
    "reason": "no LEI, so no GLEIF ISIN route",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "EDINET code list (Edinetcode.zip, filer master with corporate number) (提出者種別)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip",
    "state": "sourced",
    "value": "Japan (EDINET domestic filer)"
   },
   "lei": {
    "market": "JP",
    "reason": "no GLEIF record registered as 1400-01-021397 (RA000412)",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "TOCALO Co.,Ltd."
   },
   "sector": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English) (33-sector classification)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "3550 Metal Products"
   },
   "security_type": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "JP",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "3433"
   },
   "website": {
    "market": "JP",
    "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": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "JP",
  "node": "jp-cm-kg",
  "numbers_hash": "sha256:3f3e7c18583531429e6c82eecbb1d282d41a71e0b6fcc5407d5e81794698a285",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-06-30",
     "kind": "issuer-sponsored",
     "publisher": "Shared Research Inc.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.tocalo.co.jp/english/ir/news/news20250630103037/main/0/link/File29220078.pdf",
     "state": "sourced",
     "title": "Research Coverage Report by Shared Research Inc."
    },
    {
     "date": "2025-03-14",
     "kind": "issuer-sponsored",
     "publisher": "Shared Research Inc.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.tocalo.co.jp/english/ir/news/news20250318103060/main/0/link/File51975646.pdf",
     "state": "sourced",
     "title": "Research Coverage Report by Shared Research Inc."
    },
    {
     "date": "2024-07-09",
     "kind": "issuer-sponsored",
     "publisher": "Shared Research Inc.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.tocalo.co.jp/english/ir/news/news20240709103044/main/0/link/File80010107.pdf",
     "state": "sourced",
     "title": "Research Coverage Report by Shared Research Inc."
    },
    {
     "date": "2023-06-23",
     "kind": "issuer-sponsored",
     "publisher": "Shared Research Inc.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.tocalo.co.jp/english/ir/news/news20230623103087/main/0/link/File28278252.pdf",
     "state": "sourced",
     "title": "Research Coverage Report by Shared Research Inc."
    },
    {
     "date": "2022-08-29",
     "kind": "issuer-sponsored",
     "publisher": "Shared Research Inc.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.tocalo.co.jp/english/ir/news/news20220829103047/main/0/link/File80770828.pdf",
     "state": "sourced",
     "title": "Research Coverage Report by Shared Research Inc."
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Qualified Institutional Investors"
   ],
   "outcomes": {
    "Qualified Institutional Investors": {
     "determinable": false,
     "reason": "the rule states a product scope and the subject's record carries no instrument class to place within it",
     "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.jp-cm-kg.ai/book/aio.json",
    "door": "https://mcp.jp-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/jp/suitability-principle-fiea-article-40/r1",
   "section": "jp.aio.v6"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3433",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:3f3e7c18583531429e6c82eecbb1d282d41a71e0b6fcc5407d5e81794698a285",
 "path": "/jp/TSE-PRIME/3433",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is TOCALO Co.,Ltd., listed on the Prime Market under ticker 3433. Its ISIN is not on the record and its LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 3550 Metal Products, and its jurisdiction is Japan (EDINET domestic filer). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 9 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 6.5 days. The latest filing is dated 2026-07-06 and is a regulatory filing, 123 days before the record date. The exchange median is 10 filings, a 29.0-day cadence gap and 70.0 days of latency across 1557 issuers. The sector median is 8 filings, a 34.5-day cadence gap and 96.5 days of latency across 87 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PwC Japan有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.",
   "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 shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For Qualified Institutional Investors, the outcome is not determinable, because the rule states a product scope and the record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 4 research houses: ICHIYOSHI RESEARCH INSTITUTE INC., SMBC Nikko Securities Inc., Tachibana Securities Co., Ltd. and Marusan Securities Co., Ltd.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 5 openly published research notes, all by Shared Research Inc.: 2025-06-30, 2025-03-14, 2024-07-09, 2023-06-23 and 2022-08-29.",
   "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": "13 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.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3433"
  },
  {
   "for": "the halt flag",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html"
  },
  {
   "for": "the auditor",
   "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFML"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.jp-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://recruit-graduate.tocalo.co.jp/english/ir/stockinfo/analyst/"
  },
  {
   "for": "open research",
   "source": "https://www.tocalo.co.jp/english/ir/news/news20250630103037/main/0/link/File29220078.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.tocalo.co.jp/english/ir/news/news20250318103060/main/0/link/File51975646.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.tocalo.co.jp/english/ir/news/news20240709103044/main/0/link/File80010107.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.tocalo.co.jp/english/ir/news/news20230623103087/main/0/link/File28278252.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.tocalo.co.jp/english/ir/news/news20220829103047/main/0/link/File80770828.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3433"
  }
 ],
 "title": "TOCALO Co.,Ltd. (3433) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}