Japan Exchange Group data unit JPX Market Innovation & Research, Inc. (JPXI) said on Monday it has added a premium tier to its Snowflake-distributed TDnet disclosure service, extending access to document links from one year to five years.
The new product, called ‘TDnet on Snowflake – 5-Year History,’ sits inside JPXI’s J-Quants Pro lineup of Japanese financial market datasets for corporate users. Pricing starts at JPY 450,000 per month for single-entity use, according to the announcement.
The existing ‘TDnet on Snowflake’ product delivers semi-real-time index information for the past five years but retains disclosure document links, including PDFs, for only one year. The new tier extends that document-link window to five years, giving users a deeper archive of source filings for research, screening, and historical analysis across Japanese equities.
TDnet is the primary disclosure channel for Japanese listed companies. It covers timely disclosures such as earnings results and dividend forecast revisions, inspection documents including shareholder meeting notices and corporate governance reports, and voluntary filings like ESG and sustainability reports.
Tiering and restrictions
JPXI now offers four Snowflake-based paths into TDnet data. The semi-real-time product costs JPY 340,000 per month for single-entity use. A T+1 version, delivering data the day after disclosure, starts at JPY 200,000. An index-only tier starts at JPY 100,000. The new five-year history tier sits at the top of the pricing ladder.
Affiliate and group company licensing tiers are available at higher price points, with volume charges applying at the group level.
One operational constraint: JPXI says dissemination to external users is not permitted for any of the services. This restriction affects data vendors, multi-entity firms, and anyone planning to redistribute or productize the content.
The launch extends JPXI’s use of Snowflake as a structured distribution channel for Japanese disclosure data, packaging what has traditionally been a web-based archive into tiered, cloud-native commercial products with varying latency, depth, and license terms.
