Legal

Disclosures for Kabu research and analytics.

Kabu publishes general investment research and provides app-based research tools. We do not manage money, place trades, or provide individualized investment, tax, legal, or accounting advice.

Last updated: June 5, 2026

Publisher Status

Kabu is a financial publisher and research-software provider operating under the publisher exemption recognized in Lowe v. SEC, 472 U.S. 181 (1985). We are not a registered investment adviser, broker-dealer, investment bank, fund, fiduciary, or tax adviser. Kabu does not accept customer assets, execute trades, or manage accounts.

No Individualized Advice

Kabu content and app outputs are general and impersonal. They are not tailored to your holdings, account size, financial situation, tax position, time horizon, risk tolerance, jurisdiction, or suitability. Nothing on Kabu should be treated as an offer to sell, solicitation of an offer to buy, or recommendation to transact in any security.

Sources And Data

Kabu may use public filings, Yuho annual securities reports, exchange disclosures, company materials, market-data providers, and our own calculated metrics. We aim to cite source material where feasible, but we do not guarantee that any source, metric, translation, document packet, score, screen, or company page is accurate, complete, current, or available at all times.

Kabu publishes derived research and analytics, not raw third-party data feeds. Third-party data providers retain their own rights, licenses, restrictions, disclaimers, and availability controls.

AI And Translation

Kabu uses software and AI-assisted workflows to translate, extract, summarize, classify, and analyze source material. AI and translation systems can be wrong. They can omit context, misread a filing, mistranslate a passage, misclassify a document, or produce incomplete reasoning. App subscribers should verify important claims against the underlying source documents before relying on them.

Forward-Looking Work

Fair-value ranges, normalized earnings estimates, margin-of-safety calculations, scenario analysis, catalyst commentary, portfolio labels, ranking outputs, and similar analytical views are estimates based on stated or implicit assumptions. They are not forecasts, guarantees, or promises of return. Actual outcomes can differ materially.

Foreign-Securities Risk

Kabu focuses on Japanese equities and may later cover other non-US markets. Foreign securities can involve currency risk, different disclosure rules, settlement and trading-hour differences, taxes, limited liquidity, corporate-governance differences, and brokerage or access constraints. You are responsible for understanding those risks before making any investment decision.

Positions And Conflicts

Kabu, its publisher, contributors, household members, related accounts, or affiliates may hold, buy, sell, or otherwise transact in securities discussed by Kabu, subject to Kabu's trade-around-publication policy for published research. The trade-around-publication policy runs from internal publication approval through ten business days after publication. We do not promise that any personal or related account exposure matches a published research view, app status, or portfolio label.

Your Responsibility

You are responsible for your own research and investment decisions. Read the underlying filings, test Kabu outputs against your own work, and consult qualified investment, legal, tax, accounting, or other professional advisers as appropriate for your circumstances and jurisdiction.

Questions about these disclosures can be sent to [email protected].