A Breakthrough for Systematic Investors in Japanese Equities
ExtractAlpha, a leading provider of alpha-generating datasets for institutional investors, today announced the launch of the Toyo Keizai Japanese Data, a proprietary offering built on over two decades of independent equity research from Japan’s most trusted financial publisher, Toyo Keizai.
This new dataset provides quant analysts, and hedge fund professionals with an edge in the Japanese equity market through point-in-time earnings forecasts, strategic outlook commentary, and timely flash reports covering the mid- and small-cap names often overlooked by traditional sell side coverage.
Built for Alpha Generation
The Toyo Keizai Japanese Data enables investors to construct systematic strategies leveraging:
- Earnings Estimates – Daily uploaded, point-in-time net profit, EPS, sales and DPS forecasts
- Shikiho Outlook Reports – In-depth strategic commentary from analysts evaluating growth drivers and long-term performance potential
- Shikiho Flash Reports – Immediate analyst reactions to corporate events, earnings surprises, and forecast changes.
Performance-Drive Results
Backtested from 2002 to 2024, a simple net profit revision signal derived from the dataset yields an average annual return of 30.6% with a Sharpe ratio of 3.27. Request the white paper to learn more.
“ExtractAlpha’s Toyo Keizai dataset fills a critical void for global investors looking to systematize alpha capture for Japan equities,” said Vinesh Jha, CEO of ExtractAlpha. “By tapping into a uniquely unbiased and underutilized research source, we’re equipping quants and strategists with timely, high Sharpe signals that conventional datasets simply can’t deliver.”
Institutional-Grade Access
This is the only commercially available institutional-grade product built on independent Japanese earnings forecasts, and it integrates seamlessly into existing quantitative workflows for alpha modeling, asset allocation, and risk management.
To learn more or request the white paper, send us a message via our contact page.
Toyo Keizai is a registered trademark of Toyo Keizai Inc. Used with permission.
