Daiwa Securities Group Inc.
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(In Aphabetical Order)
Campany Name Name
Citigroup Global Markets Japan Makoto Kasai
Credit Suisse Azuma Ohno
J. P. Morgan Securities Asia Pte. Limited Natsumu Tsujino
Merrill Lynch Japan Securities Co., Ltd. Mitsumasa Okamoto
Mitsubishi UFJ Securities Nozomu Kunishige
Morgan Stanley Japan Securities Co., Ltd. Hideyasu Ban, Atsushi Shinoda

The Daiwa Securities Group is followed by the analysts listed above. Please note that any opinions, estimates or forecasts made by these analysts regarding The Daiwa Securities Group's performance are theirs alone and do not represent opinions, forecasts or predictions of The Daiwa Securities Group or its management. The Daiwa Securities Group does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Daiwa Securities Group Inc. does not guarantee the accuracy of the information in this Home Page herein, and is not liable for any loss or damage, arising from the use of the information.
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