[Event Report] Japan's Largest Student Finance Competition '4th Gyoseki Tournament' Held; Keio University Team Wins / Participation from Global Financial Institutions including Point72, BlackRock, and Tokio Marine AM
Gyoseki held the finals of the 4th Gyoseki Tournament, a fundamental analysis competition for students. A Keio University team won, judged by professionals from top financial firms.
📋 Article Processing Timeline
- 📰 Published: April 7, 2026 at 20:30
- 🔍 Collected: April 7, 2026 at 12:00
- 🤖 AI Analyzed: April 20, 2026 at 22:02 (322h 2m after Collected)
Gyoseki Inc. (Headquarters: Shibuya-ku, Tokyo; CEO: Hiroyuki Kato; hereinafter 'Gyoseki') has held the final round of the '4th Gyoseki Tournament', one of Japan's largest fundamental analysis competitions aimed at university and graduate students.
For this tournament, a record high of approximately 300 individuals (170 teams) applied. The top 6 teams advanced to the finals, where each team delivered a presentation on their corporate analysis. The judging was conducted by active portfolio managers from leading institutions such as Point72, BlackRock Japan, and Tokio Marine Asset Management. As a result, this year's champion was the Keio University team 'CCLemon', the runner-up was the Harvard University team 'Nero Investments', and the third place went to 'Bambino', a joint team of students from Keio University, Waseda University, and the University of Tokyo.
What is the Gyoseki Tournament?
- A finance competition where even beginners can learn practical corporate analysis.
- Gaining attention as a gateway to success for students aiming for the finance industry.
The Gyoseki Tournament is one of Japan's largest finance competitions for university and graduate students. Participants practice fundamental analysis, a method for determining corporate value, and compete on their analytical skills, critical thinking, and output capabilities. Using real listed companies as subjects, participating students perform multifaceted corporate analyses. They incorporate numerical analysis of financial statements, utilize the same data and tools as professional investors, and consider real-time market trends.
During the tournament, participants have access to data provided by SCRIPTS Asia, Nowcast, Pronexus, Toyo Keizai, and others, and attend lectures delivered by professionals from major financial institutions. This creates an environment where a wide range of students, from beginners to experienced individuals, can challenge themselves with practical corporate analysis on the same stage.
Through this tournament, many participants who have experienced practical corporate analysis have gone on to join major asset management companies and investment banks, drawing attention as a vital stepping stone for students aspiring to work in the finance industry.
About the Judging Process and Finals
For this 4th edition, entries opened on Friday, October 10, 2025, attracting a record number of approximately 300 applicants (170 teams) from both domestic and international universities. During the competition period, professionals from major financial institutions conducted lectures on the analysis and writing process. Following this, participants created financial models and analysis reports, submitting them by Sunday, January 4, 2026.
Among the submitted...
For this tournament, a record high of approximately 300 individuals (170 teams) applied. The top 6 teams advanced to the finals, where each team delivered a presentation on their corporate analysis. The judging was conducted by active portfolio managers from leading institutions such as Point72, BlackRock Japan, and Tokio Marine Asset Management. As a result, this year's champion was the Keio University team 'CCLemon', the runner-up was the Harvard University team 'Nero Investments', and the third place went to 'Bambino', a joint team of students from Keio University, Waseda University, and the University of Tokyo.
What is the Gyoseki Tournament?
- A finance competition where even beginners can learn practical corporate analysis.
- Gaining attention as a gateway to success for students aiming for the finance industry.
The Gyoseki Tournament is one of Japan's largest finance competitions for university and graduate students. Participants practice fundamental analysis, a method for determining corporate value, and compete on their analytical skills, critical thinking, and output capabilities. Using real listed companies as subjects, participating students perform multifaceted corporate analyses. They incorporate numerical analysis of financial statements, utilize the same data and tools as professional investors, and consider real-time market trends.
During the tournament, participants have access to data provided by SCRIPTS Asia, Nowcast, Pronexus, Toyo Keizai, and others, and attend lectures delivered by professionals from major financial institutions. This creates an environment where a wide range of students, from beginners to experienced individuals, can challenge themselves with practical corporate analysis on the same stage.
Through this tournament, many participants who have experienced practical corporate analysis have gone on to join major asset management companies and investment banks, drawing attention as a vital stepping stone for students aspiring to work in the finance industry.
About the Judging Process and Finals
For this 4th edition, entries opened on Friday, October 10, 2025, attracting a record number of approximately 300 applicants (170 teams) from both domestic and international universities. During the competition period, professionals from major financial institutions conducted lectures on the analysis and writing process. Following this, participants created financial models and analysis reports, submitting them by Sunday, January 4, 2026.
Among the submitted...