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Analyst Coverage

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

Haitong International Research Ltd George Hogan
IwaiCosmo Securities Co., Ltd. Hiroyasu Nishikawa
Jefferies(Japan)Limited Masahiro Nakanomyo
Marusan Securities Co., Ltd. Yusuke Matsuura
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Tomoki Komiya
Mizuho Securities Co., Ltd. Hidekatsu Watanabe / Takahiro Mori

(Organizations listed in alphabetical order, honorific titles omitted)

(Current as of February, 2019)

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 and technology. In no part whatsoever of this procedure has our corporation or its management had any involvement. Additionally, our corporation does not support, nor guarantee any forecast, opinion, or recommendation provided by the analysts.

We ask that upon investing, any trading you decide upon be based on your own decision and responsibility.