Analyst Coverage

(as of Jan 16, 2020)

(Alphabetical order by company name, titles omitted)

This list is based on information available to Nippon Express at the time of release.
Please note that there may be other analysts whom Nippon Express were unaware of and who are therefore not mentioned on this list, and there is also the possibility that some information may not be up-to-date.
Information provided in this list is presented only with the purpose of introducing our investors to analysts from companies that analyze or predict Nippon Express' performance, etc. or from auditing organizations. The list is not designed to solicit trade of stocks in Nippon Express. Furthermore, Nippon Express does not support the predictions, opinions or recommendations of these analysts, nor does it guarantee the consistency of their information.
Analysts listed above and those analysts not listed perform regular or irregular analysis or prediction of Nippon Express' performance, business, services and technology, etc. based on their own judgment. Nippon Express and its management do not participate in any of these processes.
Please make final decisions relating to investment based on your own judgment and responsibility.