The following is a list of securities firms and research bodies who analyze our corporate performance and review or recommend our stock.

OrganizationAnalyst
ICHIYOSHI RESEARCH INSTITUTE INC.Yoko Mizoguchi
IwaiCosmo Securities Co., Ltd.Norikazu Shimizu
Jefferies (Japan) LimitedMasahiro Nakanomyo
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.Tomoki Komiya
Mizuho Securities Co., Ltd.Takahiro Mori
Okasan Securities Co., Ltd.Takashi Shimamoto
SMBC Nikko Securities Inc.Ryosuke Katsura / Shinnosuke Tokumoto
Tokai Tokyo Research Institute Co., Ltd.Mitsuyuki Ohdaira

(Organizations listed in alphabetical order, honorific titles omitted)
(As of June 14, 2022)

This list has been compiled in line with our corporate standards, based on the information provided at the time of compilation. We hereby inform you of the possibility that there may be additional analysts not listed here, that the list may not fully reflect new appointments and transfers of analysts, and that the provided information may not be fully up-to-date.

This list is intended to introduce our investors to the analysts and research bodies who analyze and forecast our corporate performance, and it is not intended for the solicitation or recommendation of our corporate stock. The analysts’ forecasts of our future corporate performance are based on their own methods of analyzing current performance, business, products, technology, etc. The Company and the Company’s management is not involved in any of such process. Additionally, the Company does not support, nor guarantee any forecast, opinion, or recommendation provided by the analysts.

We ask you to make an investment decision based on your own discretion and responsibility.