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Analyst Coverage

(As of May 1, 2017, in alphabetical order with titles omitted)

Company Name Analyst Name
ACE RESEARCH INSTITUTE CO., LTD. Hideki Yasuda
BNP Paribas Securities(Japan)Limited Masahiro Wakasugi
Citigroup Global Markets Japan Inc. Kota Ezawa
CLSA Securities Japan Co., Ltd. Amit Garg
CREDIT SUISSE SECURITIES (JAPAN)LIMITED Akinori Kanemoto
Daiwa Securities Co.Ltd. Takumi Sado
Goldman Sachs Japan Co., Ltd. Daiki Takayama
JP Morgan Securities Japan Co., Ltd. Masashi Itaya
Macquarie Capital Securities(Japan)Limited George Chang
Merrill Lynch Japan Securities Co., Ltd. Masashi Kubota
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Akihiko Uchino
Mizuho Securities Co., Ltd. Fumihide Goto
Morgan Stanley MUFG Securities Co., Ltd. Shoji Sato
NOMURA SECURITIES CO., LTD. Manabu Akizuki
OKASAN SECURITIES CO., LTD. Koichi Akiyama
QBR Corp. QUICK Business Research Institute Hiroyuki Toyoda
SMBC NIKKO SECURITIES INC. Hiroharu Watanabe
TOKAI TOKYO RESEARCH CENTER CO.,LTD. Kouichiro Hagiwara
UBS Securities Japan Co., Ltd. Shingo Hirata
Note:

This list is subject to change as coverage is either added or dropped by a firm. Please note that this is purely a list compiled by TAIYO YUDEN, that there are, in fact, other analysts reporting on TAIYO YUDEN, and that the table does not always show the most updated list of the analysts covering TAIYO YUDEN.
Analysts, irrespective of whether they are listed or not in this table, analyze TAIYO YUDEN's performance, businesses, services and technologies, and make regular (or not-so-regular) forecasts. Please be aware that neither TAIYO YUDEN nor its management is involved in any process of making them.
This list takes as its objective the provision of information to shareholders, investors and other visitors regarding analysts who make recommendations and reports concerning TAIYO YUDEN and their firms. It constitutes neither an offer nor a solicitation to purchase or sell TAIYO YUDEN stock.

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