Analyst Coverage

Company Name (Alphabetical Order of Company Names) Analyst
BofA Securities Japan Co., Ltd. Yoshitaka Nagao
Citigroup Global Markets Japan Inc. Mitsunobu Tsuruo
CLSA Securities Japan Co., Ltd. Oliver Matthew
Daiwa Securities Co. Ltd. Shingo Kumazawa
Goldman Sachs Japan Co., Ltd. Sho Kawano
Goldman Sachs Japan Co., Ltd. Chikai Tanaka
Haitong International Japaninvest KK Yushi Kawamoto
Jefferies Japan Limited Hiroko Sato
JPMorgan Securities Japan Co., Ltd. Haruka Mori
Mizuho Securities Co., Ltd. Akitomo Kishimoto
Morgan Stanley MUFG Securities Co., Ltd. Tetsuro Tsusaka
MST Financial Services PTY LTD David Gibson
Nomura Securities Co.,Ltd. Daisaku Masuno
Okasan Securities Co., Ltd. Yusuke Okumura
SBI SECURITIES Co.,Ltd. Shinji Moriyuki
SMBC Nikko Securities Inc. Kuni Kanamori
The Hongkong and Shanghai Banking Corporation Limited Neale Anderson
UBS Securities Co., Japan Takahiro Kazahaya
UBS Securities Co., Japan Taiki Okada

The above list is subject to change as coverage is either added or dropped by a firm. Please note it is possible that there are other analysts who make an analysis of Rakuten's performance and services, and that the table does not always show the most updated list of the analysts covering Rakuten.

The information in above table is solely for informational purposes, and is not intended as a solicitation to make investments.

Please note that any opinions, estimates or forecasts regarding Rakuten's performance and services made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Rakuten or its management.

If you actually intend to trade stock, please make such decisions in accordance with your own judgment and responsibility.