日本語

Alternative Data on Japanese companies

Our company review data has proven relevance to corporate finance and stock performance, highly valued by leading global hedge funds.

  • Human Data Icon 11M company reviews, salaries and insights
  • Building Icon 95% coverage of listed companies in Japan
  • History Icon Historical data since 2015

Our Data

Our data consists of quantitative and qualitative company reviews submitted by current and former employees.

The company reviews indexed by text mining have proven statistically significant positive alpha in the research conducted with our partners. We are proud to announce that the research has been awarded the 2018 Securities Analyst Journal Prize. With such a track record in academia, our data has been validated as a leading indicator of stock performance, highly valued by major hedge funds.

Sample reviews of BAIN & COMPANY:

a radar chart of employee reviews
an example of employee reviews

*The text data is available in Japanese only

The Corporate Culture Score and Stock Performance

The graph of index from quintile portfolios

Nishiie, Hironori, and Hiroshi Tsuda (2019) Analysis of the relationship between corporate organizational culture and financial performance using company employee reviews. The Securities Analysts Association of Japan.

The research analyzed the relationship between corporate organizational culture and financial performance. Index from quintile portfolios have been constructed by annual rate of change in Corporate Culture Score. In the long-short portfolio with high annual rate of change (RV05) and low annual rate of change (RV01), alpha was significant and positive excess returns were observed.

Our latest study focused on the relationship between work fulfillment, work environment and financial performance.

OpenWork's Database Reveals Company Culture and Employee Satisfaction

Company Data

Building Icon

Publicly available data

Little information about human capital index

Financial info

  • Revenue
  • IR report
  • Annual report

Non-financial info

  • Products
  • CSR reports
  • Number of employee

etc.

Database Icon

Data available on Openwork

Clear indicators of employee satisfaction & transparency of corporate reality

  • Employee satisfaction
  • Working hours
  • Flexibility in working environment
  • Gender equality in the company
  • Gap between work and salary
  • Sense of belonging
  • Professionalism

etc.

Examples of the data provided

Company Review (text data)

  • Organization Structure and Culture
  • Reason for Joining, Felt gap after Joining
  • Work Fulfillment, Growth Opportunities
  • Working Environment for Woman
  • Work Life Balance
  • Reason for Quitting or Considering Leaving
  • Strength, Weakness and Outlook of the Company
  • Suggestions to CEO
  • Salaries (Yearly, Monthly, Overtime, Bonus, Other)

Company Evaluation Score (1-5 step evaluation)

  • Overall Rating
  • Salaries & Benefits Satisfaction
  • Employee's Motivation
  • Openness
  • Teamwork
  • Chance to Grow for Young Employees
  • Long-term Development of Employees
  • Compliance
  • Employee Evaluation System

Volume

  • 11,000,000company reviews, salaries and insights
  • 60,000company data* 95% review coverage of the First Section of the Tokyo Stock Exchange

Delivery

Methods

  • SFTP

Frequency

  • Daily
  • Weekly
  • Monthly

Format

  • TSV

Use Case Ideas

  • Stock market prediction
  • Employee engagement analysis
  • ESG investment analysis

Contracting Process

We provide trial data free of charge. During the data validation period, our data manager will provide maximum support to help your company find the alpha.

  • MNDA, Trial Data Provision Agreement
  • Introduction, Q&A
  • Data Verification, Additional Support
  • Data Provision Agreement
  • Start Providing Data

Legal Compliance

We are collecting data from users who have agreed to our privacy policy. The data will be provided as anonymously processed information to third parties.