Falcom 3723 — article source ledger
Research as of 2026-10-20. This is the article-specific selection from 3723-Falcom/data/Sources_2026-10-20_RedTeam_v9.md and Quarterly_Segments_and_Customers_2026-10-20.csv, pinned to research commit 4c73b5cc7f34be7a2a8e491ee6d35e8e9f7e9143 on refine/falcom-v9-issuer-calibration.
Disclosed / 官方披露 means an issuer disclosure; Derived / 衍生 means arithmetic using it; Inference / 推論 and Assumption / 假設 remain separate. Inclusion of a URL does not establish that every attached claim was independently checked in this editing session. No independent per-title sales or contract verification is claimed.
| Document | Date | Article use | Evidence / verification |
|---|---|---|---|
| FY2025 securities report | 2025-12 | Product/Licensing totals; major customers; FY25 calibration | Disclosed inputs per supplied ledger; quarterly subtraction is Derived; Konami role is Inference |
| FY2025 results | 2025-11-12 | Shipment revenue recognition and licensing policy | Disclosed per supplied ledger |
| FY26 Q1 | 2026-02-13 | Rounded first-quarter categories | Disclosed per supplied ledger |
| FY26 Q2 | 2026-05-13 | Half-year categories and printed YoY percentages | Disclosed cumulative inputs; FY25 back-solving and Q2 subtraction are Derived |
| FY26 Q3 | 2026-08-12 | Nine-month results, cash, issued and treasury shares, categories | Reopened this session: nine-month revenue/EBIT/net income, issued/treasury share counts and category discussion. Quarter subtraction and net shares are Derived |
| Forecast revision | 2026-10-07 | FY26 revenue/EBIT/net-income forecasts and stated reasons | Reopened this session; forecast, not actual |
| Dividend forecast revision | 2026-10-07 | Dividend cash deduction | Disclosed forecast per supplied ledger; model cash effect is Derived |
| Growth/business-plan presentation | 2023-12-22 | Product distribution flow; domestic digital within Licensing | Disclosed per supplied ledger; Konami attribution remains Inference |
| FY2024 securities report | 2024-12-20 | Customer/receivable context for Konami inference | Disclosed per supplied ledger; role not explicitly confirmed |
| Kabutan schedule cited in supplied ledger | 2026 | Indicative November results timing only | Third party; not confirmed issuer calendar |
Model and editorial provenance
- Pinned v9 model: copied unchanged from the pinned commit; depends on modules in the original research checkout and cannot run independently.
- Narrative restricted to the supplied red-team/v9 report (§1, §2, §4, §4b, §5, §6, §7, §9), Konami/other-revenue report, source ledger, quarterly CSV and publication-roadmap Stage 1 decisions. Older pending-approval language in report §4b is superseded by the confirmed roadmap and executable Base.
- Machine-readable model results and review/reproduction record. Valuation tables, cash bridge, quarterly table and valuation bridge are generated by
compose.py; no manually transcribed valuation table. - Public tag
falcom-3723-v9-public-YYYYMMDDis pending the FY26 results update/model freeze. No public tag has been created. - This article contains no personal trading instructions or private correspondence. It includes only Mk’s explicitly supplied, dated no-position disclosure.
Personal research, not investment advice. Figures are scenarios built on stated assumptions.