Analyst Coverage

As of March, 2020

Company Name Analyst
Citigroup Global Markets Japan Inc. Yuta Nishiyama
Daiwa Securities Co., Ltd. Hidemitsu Umebayashi
Goldman Sachs Japan Co., Ltd. Atsushi Ikeda
Iwai Cosmo Securities Co., Ltd. Kazuyoshi Saito
Jefferies Japan Limited Yoshihiro Azuma
Merrill Lynch Japan Securities Co., Ltd. Akiko Kuwahara
Mizuho Securities Co., Ltd. Mikiya Yamada
Morgan Stanley MUFG Securities Co., Ltd. Takato Watabe
Nomura Securities Co., Ltd. Shigeki Okazaki
Okasan Securities Co., Ltd. Takashi Nishihira
SBI SECURITIES Co., Ltd. Masami Sawato
UBS Securities Japan Co., Ltd. Go Miyamoto

Note: Company names in alphabetical order/titles omitted
Kuraray Group is followed by the analysts/researchers at the brokerage firms listed above.
This list is based on information available, and there may be some institutions and analysts not shown here.
Please note that any opinions, estimates or forecasts regarding the Kuraray Group's performance made by the analysts at these brokerage firms are theirs alone and not those of Kuraray or its management.