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Analyst Coverage

(As of April 2016)

Cantor Fitzgerald (Hong Kong) Capital Markets Ltd. Naoshi Nema
Daiwa Securities Co., Ltd. Makoto Ueno
Ichiyoshi Research Institute Inc. Kaname Fujita
IwaiCosmo Securities Co., Ltd. Tomoaki Kawasaki
Jefferies Japan Limited Hiroko Sato
Marusan Securities Co., Ltd. Toru Kobori
Mizuho Securities Co., Ltd. Kei Takahashi
Nomura Securities Co., Ltd. Daisaku Masuno
Okasan Securities Keisuke Iwafuchi
Pelham Smithers Associates. Pelham Smithers
SMBC Friend Research Center Ltd. Naoki Yokota
SMBC Nikko Securities Inc. Yu Sato

(In alphabetical order)

  • (*)Please note that there may be other analysts who we are not aware of and who therefore are not included on this list. Also, our information may be incomplete or may not include changes such as analysts who have been transferred, etc. This list is provided for the purpose of disseminating information required to introduce corporate business research companies or research analysts to our investors, and is not intended to be used for the purpose of promoting our stock sales. In addition, IIJ does not support any of these analyst's prospects, opinions, or recommendations and does not guarantee the consistency of any related information. Analysts included or not included on this list have conducted research on our business and have analyzed our business results based on their own judgment. IIJ or IIJ's management directors are not involved in any of these procedures or matters. Final investment decisions should be made at your discretion at the time of the actual investment.

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