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Analyst Coverage

The following is a list of the main analysts covering Hitachi Chemical.

Firm (Alphabetical order) Analyst
Citigroup Global Markets Japan Inc. Atsushi Ikeda
Daiwa Securities Co. Ltd. Hidemitsu Umebayashi
Deutsche Securities Inc. Yu Yoshida
IwaiCosmo Securities Co., Ltd. Kazuyoshi Saito
Jefferies Japan Limited Yoshihiro Azuma
Merrill Lynch Japan Securities Co., Ltd. Takashi Enomoto
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
SMBC Nikko Securities Inc. Shinobu Takeuchi

Notes:

1.
The above is a list of analysts confirmed by Hitachi Chemical to publish reports on Hitachi Chemical.
2.
The analysts' forecasts of Hitachi Chemical's performance are based on their own judgment and analysis of performance, business, products, and other factors. Hitachi Chemical does not imply endorsement of the analysts' forecasts, opinions, or investment decisions by posting this list.
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