Analyst Coverage

Company Name
Daiwa Securities Co., Ltd. Hirosuke Tai
Japaninvest KK Tony Moyer
Macquarie Capital Securities (Japan) Limited William Montgomery
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mie Yamazaki
Mizuho Securities Co., Ltd. Takeshi Tanaka
Morgan Stanley MUFG Securities Co., Ltd. Jin Sup Park
Nomura Securities Co., Ltd. Ryo Tazaki
QUICK Business Research Institute Hiroyuki Toyoda
SMBC Nikko Securities, Inc. Yukihiko Shimada
Toward the Infinite World, Inc. Takao Hattori
UBS Securities Japan Co., Ltd. Mariko Watanabe

* This is the list of analysts at securities and research companies who make recommendations and report on azbil's performance, etc. The list may not be complete and is subject to change.
* Any opinions, estimates or forecasts regarding azbil's performance made by the analysts are theirs alone and not those of azbil or its management. Azbil does not imply its endorsement of or concurrence with any information, estimates, opinions and recommendations.