Analyst Coverage

As of 12 March 2025

Firm(Listed in Japanese syllabary order by company) Analyst
SMBC Nikko Securities Inc. Tsukasa Furuta and Naomi Takagi
QUICK Corp. Tomoaki Shinozaki
JPMorgan Securities Japan Co., Ltd. Satoshi Fujiwara
Tokai Tokyo Intelligence Laboratory Co., Ltd. Kenji Araki
Mizuho Securities Co., Ltd. Hiroshi Saji
Morgan Stanley MUFG Securities Co., Ltd. Tomonobu Tsunoyama

This list is provided for the purpose of presenting the research organizations and analysts who analyze and forecast Nichirei Corporation’s business performance, and constitutes neither solicitation nor recommendation regarding the buying or selling of the Company’s shares.

This list is presented according to information available to Nichirei management at the time of preparation. Please note that there may be analysts not included in this list and that information posted herein does not always reflect the latest information.

Analysts use their own independent judgment to analyze information, earnings, business, etc. of Nichirei and make predictions regarding the earnings, etc. of the Company. Neither Nichirei nor its management have any involvement in these processes, and the Company neither endorses nor guarantees the forecasts, opinions, recommendations, etc. of these analysts.

Users are asked to make investment decisions based on their own discretion and responsibility when making actual investments.