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|Daiwa Securities Co., Ltd.||Toru Sugiura|
|Jefferies (Japan) Limited||Masahiro Nakanomyo|
|JP Morgan Securities Japan Co., Ltd.||Hisashi Moriyama|
|Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.||Takeo Miyamoto|
|Mizuho Securities Co., Ltd.||Yoshitsugu Yamamoto|
|Morgan Stanley MUFG Securities, Co., Ltd.||Kazuo Yoshikawa|
|Nomura Securities Co., Ltd.||Tetsuya Wadaki|
(In alphabetical order)
The analysts listed above have authored reports on Hitachi High-Technologies Corporation (Hitachi High-Tech) during the past one year period that could be confirmed by Hitachi High-Tech as of July 26, 2017.
Any opinions, forecasts or estimates of their reports do not represent opinions, forecasts or estimates of Hitachi High-Tech or its management. Hitachi High-Tech has not implied the endorsement of or concurrence with information contained in their reports nor affirms them.