Analyst Coverage

(as of July 1st, 2010)

Firm (Alphabetical order)	Analyst
Daiwa Securities Capital Markets Co., Ltd.	Taro Ishihara
Ichiyoshi Research Institute Inc.	Yoko Mizoguchi
Merrill Lynch Japan Securities Co., Ltd.	Masaaki Kitami
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	Yukinori Oishi
Nomura Securities Co., Ltd.	Akira Kunisaki
Okasan Securities Co., Ltd.	Kiyoshi Mori
SMBC Friend Research Center	Shigeru Matsumura

en-japan Inc. is followed by the analysts at investment banks listed above.
The list may not be complete and is subject to change. Please note that any opinions, estimates or forecasts regarding en-japan's performance made by the analysts at these brokerage firms are theirs alone and not those of en-japan or its management. en-japan does not imply its endorsement of or concurrence with any information, estimates, opinions, recommendations and information by these analysts.

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