Analyst Coverage

The following is a list of analysts who analyze and forecast our performance.

Current as of July 1, 2021

Company name (in alphabetical order) Analyst name (honorifics omitted)
CLSA Securities Japan Co., Ltd. Shinji Yoshida
Daiwa Securities Co. Ltd. Hajime Hitotsuyanagi
Goldman Sachs Japan Co., Ltd. Takashi Miyazaki
JPMorgan Securities Japan Co., Ltd. Ryota Himeno
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Yasuhito Tsuchiya
Mizuho Securities Co., Ltd. Katsuhiko Suzuki
Morgan Stanley MUFG Securities Co., Ltd. Takuya Osaka
Nomura Securities Co., Ltd. Masaharu Hirokane
QUICK Corp. Kenji Karaki
SMBC Nikko Securities Inc. Hiroki Kawashima
Tokai Tokyo Research Institute Co., Ltd. Kenji Kanai
UBS Securities Japan Co., Ltd. Yuichiro Tsuchi

Notes

This list has been prepared in accordance with our standards based on information available to us at the time of publication. Therefore, please be aware that there may be analysts who are not listed in this list, and that all information may not be up-to-date.

The analysts in this list, as well as those not listed in this list, periodically or non-periodically analyze our business performance, business, services, and the like, or make forecasts of our business performance based on their own judgment. Yamato Holdings Co., Ltd. and its management are not involved in any of those processes whatsoever.

This list is posted here for the purpose of providing shareholders and investors with information on analysts who analyze and forecast our business performance and the like as well as the organizations to which they belong. Therefore, it is not intended as a solicitation to buy or sell the stock of, or otherwise invest in, Yamato Holdings Co., Ltd.