August 23, 2017
|Company Name||Analyst Name|
|SMBC Nikko Securities Inc.||Satoru Kikuchi|
|Okasan Securities Co., Ltd.||Keisuke Iwafuchi|
|JPMorgan Securities Japan Co., Ltd.||Jun Tanabe|
|Jefferies Japan Limited||Hiroko Sato|
|Citigroup Global Markets Japan Inc.||Mitsunobu Tsuruo|
|Daiwa Securities Co., Ltd.||Makoto Ueno|
|Nomura Securities Co., Ltd.||Chikai Tanaka|
|Marusan Securities Co., Ltd.||Toru Kobori|
|Mizuho Securities Co., Ltd.||Yusuke Hori|
|Mitsubishi UFJ Morgan Stanley Securities Co., Ltd||Hideaki Tanaka|
This list is prepared for the sole purpose of providing investors with the names of analysts at brokerage firms that issue analyses and forecasts of TIS's business performance and other corporate developments. It is not intended to solicit or recommend the purchase or sale of the Company's stock. Nor does it indicate endorsement of or agreement with the forecasts, opinions or recommendations of these analysts.
The content of this list is current at the time of posting, and the Company confirmed that the analysts listed here issued reports about TIS as of this date. It is therefore possible that the list is no longer complete, in that it would not include analysts who began covering the Company after this date and would not reflect personnel changes or other updates concerning analysts that occurred after this date.
Analysts make their own judgments about the Company's status, including performance results, business activities, products and technologies, and derive performance forecasts and other outlook data independently. Neither the Company nor the executive team at the Company is involved in this process in any way whatsoever.
Investors should use their own judgment when making any investment decisions and be prepared to take responsibility for such decisions.