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Nine Years, Same Margin

Which sources back which section of this article, and what its evidence base looks like.

Which sources back which section

SectionSources behind itCount
What happenedThe source article; both trade reports of the results announcement; the half-year statutory filing; the multi-year series.5
TimelineThe multi-year series for every ratio; both results reports; both valuation series; and the two leadership-change reports.6
The argumentThe multi-year series, which supplies all three ratios nine years apart, and the two results reports for the markdown-restraint mechanism.3
What others addFast Retailing’s own statement of income for the comparison; both results reports for e-commerce; all three aggregator series for the valuations and the comparison that could not be made; the source article for the store-model description.7
ConclusionThe multi-year series, Fast Retailing’s statement, both valuation series and the source article. It introduces no source of its own and states no figure that is not above it.4

What the evidence base looks like

  • 10Sources used on the page
  • 10Read in full; nothing on the page rests on an abstract or a summary
  • 403The response from the subject company’s own website, to every request, so its filings were reached through third parties
  • 0Figures taken from the source article where a primary series could be read instead
FunctionHow manyHow they were read
Origin2Both in full — a statutory half-year filing reached through an investor-relations mirror after the company’s own site refused, and the counterparty’s five-year statement of income read on its own website.
Reference3All in full — one financial-data service’s multi-year series for three listed companies. It supplies the ten-year ratios the argument is built on, and it is a secondary compilation of filings rather than a filing.
Reporting5All in full — two trade reports of the results, two of the leadership changes, and the magazine piece that relays the management interviews. The last is used for what people said, never for a figure a filing also carries.

Reliable

Reliable, but with an interestWorth believing and reliableWeak on both, and used with careHonest, but thin

Worth believing

Each point is one source used, placed by two judgements on a six-step scale. Points carry no names: the chart shows the shape of the evidence, not a verdict on any publisher.