Analyst Coverage

December 7, 2022
(In alphabetical order of company names)

Company Name Analyst Name
BofA Securities Japan Co., Ltd. Yuki Kaneko
Citigroup Global Markets Japan Inc. Mitsunobu Tsuruo
Daiwa Securities Co., Ltd. Makoto Ueno
Goldman Sachs Japan Co., Ltd. Chikai Tanaka
IwaiCosmo Securities Co.,Ltd. Norikazu Shimizu
Jefferies Japan Limited Hiroko Sato
Mito Securities Co.,Ltd. Azusa Kan
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd Hideaki Tanaka
Mizuho Securities Co., Ltd. Yusuke Hori
Morgan Stanley MUFG Securities Co., Ltd. Hiroto Segawa
Nomura Securities Co., Ltd. Masaya Yamasaki
Okasan Securities Co., Ltd. Keisuke Iwafuchi
SBI SECURITIES Co., Ltd Tomoki Tsumura
SMBC Nikko Securities Inc. Satoru Kikuchi
Tokai Tokyo Research Institute Co., Ltd. Takuma Yoshibayashi
UBS Securities Japan Co., Ltd. Jun Tanabe

Cautionary Note

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.

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Update : December 13, 2022, 16:29