Financial Instruments Business Operator Kanto Finance Bureau Director (Kinsho) No. 1960 / Membership Association Investment Trusts Association, Japan Membership No. 012-02323 Go to GogoJungle Home
icon List
イチロウ
09/21/2026 07:30
Release： 09/21/2026 07:30
Update： 09/21/2026 07:30
イチロウ
Investment style : Fundamental
Investment career : 3-5 years
Investment amount : -
ICHIRO｜Financial Report Anatomy Lab I am a researcher who dissects not the surface numbers of a company, but the underlying structure and truth hidden behind them. I provide a genuine fundamentals analysis that thoroughly reads every detail of a company's financial statements (P/L, B/S, C/F, S/S) and notes, not aiming for a one-shot turnaround tool or short-term speculative trades. ■ Our Lab’s Stance 1. Complete coverage of the four financial statements We unravel the connections among the income statement (P/L), balance sheet (B/S), cash flow statement (C/F), and statement of changes in equity (S/S). 2. Extracting the anomalies and truths hidden in the notes Beyond superficial profit increases or decreases, we delve into notes and fine-grained data to visualize the structural strengths of the business model and hidden risks. 3. Fact-focused with noise eliminated We exclude vague forecasts and hype, conducting objective and logical analyses based on the confirmed facts in the financial statements. ■ Delivery and Sales Content ・Financial Statement Anatomy Reports (latest financial reports of notable companies) ・“Financial Analysis Key Points” explained from zero accounting knowledge (without using complex accounting theories, identifying the core of the financial statements and any inconsistencies) We deliver information for genuine-minded investors and business professionals who want to see the truth behind a company’s financials without requiring difficult bookkeeping knowledge.
Article cover image

[Intel Financial Dissection Part 3]: $14.2 Billion Ireland Fab Buyback and Altera Sale — The Reclamation of Manufacturing Sovereignty and Transformation Toward Major External Customers: The Full Picture of Manufacturing and Capital Defense

ICHIRO｜Decision Book Anatomy Lab


In Part 1, we dissected the "110 billion dollar deficit paradox" caused by escrow stock derivatives, and in Part 2, the reality of "$8.1 billion operating cash flow" and "86.8 billion dollars in work in progress (Intel 18A)" to fill the manufacturing line.

In this third installment, we tackle Intel's fate with the "restructuring of the capital structure" and the "dramatic redefinition of the business portfolio."

In April 2026, Intel completed the repurchase of all holdings in Ireland's advanced factory (Fab 34) from Apollo Global Management, a major U.S. private equity firm, for cash of $14.2 billion (about 2.1 trillion yen), gaining full control. Furthermore, it has sold 51% of the previously acquired FPGA giant Altera's shares to transform them into an "external major contractual customer." Why invest enormous funds to reclaim sovereignty over the European megafab and spin off its core business? And we will dissect the hints of a secretly formed "mysterious contract by the state" behind it.


Past articles are available here?

【Intel Financial Anatomy Part 1】: The Hidden Side of the Final Loss of $110 Billion — The Escrow Write-Down that Causes Losses Despite Stock Price Rise and the Turn to Profit in Core Business

【Intel Financial Anatomy Part 2】: $8.1 Billion Operating CF and Truth About FCF Turnaround — Agile Treasury and the Reality of the "Stack of Work in Progress (Intel 18A)"