List of Analysts

List of analysts who make recommendations and reports of J-POWER's performance, etc

Company Name Name
Daiwa Securities Co.Ltd. Shusaku Nishikawa
Goldman Sachs Japan Co., Ltd. Takashi Miyazaki
Mizuho Securities Co., Ltd. Norimasa Shinya
Morgan Stanley MUFG Securities Co., Ltd. Reiji Ogino
Nomura Securities Co., Ltd. Shinichi Yamazaki
SMBC Nikko Securities Inc. Koji Kamichika


This list is based on the currently available information regarding coverage for the Company by the securities analysts/researchers. The list may not be complete and is subject to change.

Please note that any opinions, estimates or forecasts regarding the Company's performance, businesses, products, and technologies made by the analysts at listed above or the analysts not listed above, are theirs alone and not those of the Company or its management.

The Company provides this information solely for the purpose of introducing the analysts/researchers to the investors. The Company does not imply its endorsement of or concurrence with any information, estimates, opinions, recommendations and information by these analysts/researchers.

If you actually intend to trade stock, please make such stock traded in accordance with your own judgment.

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