Analyst Coverage

By Company Name in Alphabetical Order

(As of March 2018)

Company Name Name
Citigroup Global Markets Japan Inc. Koichi Niwa
Daiwa Securities Co. Ltd. Kazuki Watanabe
Deutsche Securities Inc. Masao Muraki
Goldman Sachs Japan Co., Ltd. Katsunori Tanaka
Haitong International Japaninvest KK Michael Makdad
JPMorgan Securities Japan Co., Ltd. Natsumu Tsujino
Merrill Lynch Japan Securities Co., Ltd. Futoshi Sasaki
Mizuho Securities Co., Ltd. Koki Sato
Nomura Securities Co., Ltd. Wataru Otsuka
SMBC Nikko Securities Inc. Tomomi Narimatsu
Tokai Tokyo Research Center Co., Ltd. Tatsuo Majima

The analysts listed above are equity analysts who analyze and forecast our performance. Please note that any opinions, estimates, or forecasts regarding our performance made by these analysts are theirs alone and do not represent opinions, estimates or forecasts of the company. The company does not, by referring to the analysts in the list, imply its endorsement of or concurrence with such information, conclusions or recommendations.