Analyst Coverage

Analyst Coverage

(As of October 2018)

Firm (alphabetical order) Analyst
CLSA Securities Japan Co., Ltd. Nigel Muston
Daiwa Securities Co., Ltd. Makoto Morita
JPMorgan Securities Japan Co., Ltd. Ritsuko Tsunoda
Macquarie Capital Securities (Japan) Ltd. Leon Rapp
Mizuho Securities Co., Ltd. Hiroshi Saji
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Tomonobu Tsunoyama
Morgan Stanley MUFG Securities Co., Ltd. Haruka Miyake
Nomura Securities Co.,Ltd. Satoshi Fujiwara
SMBC Nikko Securities Inc. Naomi Takagi

Note

This list is posted with the intention of providing investors with information on the analysts who make analyses and estimates regarding our performance and the institutions they belong to, and with no intention of inviting or advising anyone to buy or sell our stock. The analysts analyze our performance, businesses, products, and technology and estimate our performance using their own judgment and we take no part in any of those processes. We do not support nor guarantee the estimates, opinions, or recommendations made by these analysts. Please ensure you make final decisions on actual investments on your own judgment and on your own responsibility.

This list is made in accordance with our objective standard and based on the information obtained as of the time of posting. Therefore, please note that there may be other analysts following us, that the presence of analysts on the list does not mean we support or sponsor them, and that it is possible all or part of the information is not the latest available.