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Analyst Coverage

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List of analysts of securities companies and research companies who make recommendations and reports of Mitsubishi Heavy Industries' performance, etc.

As of Oct. 31, 2017
Companies are listed in alphabetical order.

Company Analyst
Citigroup Global Markets Japan Inc. Graeme McDonald
CLSA Securities Japan Co., Ltd. Edward Bourlet
Credit Suisse Securities (Japan) Limited Shinji Kuroda
Daiwa Securities Co. Ltd. Hirosuke Tai
Jefferies Japan Limited Sho Fukuhara
JPMorgan Securities Japan Co., Ltd. Tomohiko Sano
Macquarie Capital Securities (Japan) Limited Kunio Sakaida
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mie Yamazaki
Mizuho Securities Co., Ltd. Masanori Wakae
Morgan Stanley MUFG Securities Co.,Ltd. Yoshinao Ibara
Nomura Securities Co., Ltd. Ryo Tasaki
QUICK Corp. Corporate Valuation Research Center Masayuki Tanibayashi
SMBC Nikko Securities Inc. Taku Ouchi

This list is made by Mitsubishi Heavy Industries based on information available to the company. Please note that it is possible that there are other analysts making reports on Mitsubishi Heavy Industries, and that the table does not always show the most updated list of the analysts covering Mitsubishi Heavy Industries.

The above list is provided only for the purposes of informing investors of the names of analysts who provide analyses and forecasts of Mitsubishi Heavy Industries' business performance, and is not intended as a solicitation to make investments.

Analysts, irrespective of who are listed or not listed in this table, analyze Mitsubishi Heavy Industries' performance, businesses and technologies, and make forecasts regularly and irregularly.
Please be aware that neither Mitsubishi Heavy Industries nor its management is involved in any process of making these forecasts.
Mitsubishi Heavy Industries does not endorse or support the estimates, opinions and recommendations of the analysts listed here, nor does the company guarantee their accuracy.

When making investment decisions, any reliance on these reports is at the investor's own discretion.

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