List of analysts of securities companies and research companies who make recommendations and reports of Nikon's performance, etc.
As of December 19, 2018
（In alphabetical order of company names）
|Citigroup Global Markets Japan Inc.||Masahiro Shibano|
|CLSA Securities Japan Co., Ltd.||Amit Garg|
|Daiwa Securities Co., Ltd.||Toru Sugiura|
|Deutsche Securities Inc.||Yu Yoshida|
|Goldman Sachs Japan Co., Ltd.||Satoru Ogawa|
|Iwai Cosmo Securities Co., Ltd.||Kazuyoshi Saito|
|Jefferies (Japan) Limited||Masahiro Nakanomyo|
|JPMorgan Securities Japan Co., Ltd.||Hisashi Moriyama|
|Macquarie Capital Securities (Japan) Limited||Damian Thong|
|Merrill Lynch Japan Securities Co., Ltd.||Mikio Hirakawa|
|Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.||Tomoki Komiya|
|Mizuho Securities Co., Ltd.||Kenichi Saita|
|Morgan Stanley MUFG Securities Co., Ltd.||Kazuo Yoshikawa|
|Nomura Securities Co., Ltd.||Tetsuya Wadaki|
|Okasan Securities Co., Ltd.||Takashi Shimamoto|
|SMBC Nikko Securities Inc.||Ryosuke Katsura|
|Tokai Tokyo Research Center Co., Ltd.||Masahiko Ishino|
- ※The above list is provided only for the purposes of informing investors of the names of analysts and related brokerage firms that provide analyses and forecasts of Nikon's business performance.
- ※The lists above are based on the information available to the Company as of the publication and include only the information of those who have consented to being listed. Therefore, it should not be construed that the lists are complete lists of analysts, that the information is the latest.
- ※Analysts are independent of Nikon. Analysts exercise their own judgment in their analysis of Nikon's finances, performance results, business activities and technologies, the operating environment, and economic trends, and independently forecast Nikon's results. Neither Nikon nor its management is involved in these processes in any way.
- ※The Company does not support or guarantee any forecasts, opinions or recommendations by these analysts.
- ※Nikon does not distribute copies of analysts' reports, and any reliance by investors on these reports is at their own risk.