POSITIONS
Relevant holdings are disclosed article by article.
The editor may own securities discussed on this site. A position can create confirmation bias even when no trade is planned. Each company report states known relevant holdings near the research and readers should not interpret publication as a trading signal.
COMPENSATION
No issuer-paid research
Japan Niche Lens does not accept compensation from a covered company in exchange for favorable coverage. Any future sponsored material will be separated from research and prominently labeled.
ACCESS
No approval rights for covered companies
A company may be contacted to verify a factual point. It does not receive editorial approval over conclusions or publication timing.
ADVERTISING & AFFILIATES
Commercial placement does not buy a conclusion.
Advertising is operationally separate from research. Any sponsored or affiliate material will be clearly labeled, and a commercial relationship will not grant an issuer or advertiser control over conclusions or corrections.
ARTICLE-LEVEL DISCLOSURE
Confirmed conflicts appear with the relevant research.
Holdings, compensation or material access are published only when they have been explicitly confirmed for public disclosure. Readers should rely on the disclosure shown in the relevant article rather than infer a position from coverage.