NIKKEI RESEARCH INC.

The 35th Financial Analysts Popularity Survey — published on Nikkei Veritas

The latest annual ranking of the equity analysts voted by institutional investors was determined — Mr. Masao Muraki of SMBC Nikko Securities ranked as the overall No.1 for five years straight. Asking 32 top analysts in each category on the essentials for sustainable growth of Japanese companies, the most common answer was "ability to respond to environmental changes" again, the same as last year. "Quick decision-making" followed.

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