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Analyst Coverage

CyberAgent is followed by the analysts listed below.

As of November 1, 2017

Company (Alphabetical Order) Analyst Rating
Cantor Fitzgerald Capital Markets Ltd. Naoshi Nema Overweight
CLSA Capital Partners Japan., Ltd. Jay Defibaugh Buy
Credit Suisse Asset Management (Japan), Ltd. Keiichi Yoneshima OUTPERFORM
Daiwa Securities Co.Ltd. Taro Ishihara Buy
Deutsche Bank AG/Hong Kong Han Joon Kim Hold
Goldman Sachs Japan Co., Ltd. Masaru Sugiyama Buy
Haitong International Japaninvest KK Yushi Kawamoto BUY
Ichiyoshi Research Institute Inc. Hiroshi Naya C
Jefferies LLC. Hiroko Sato Hold
Jefferies LLC. Shinnosuke Takeuchi Hold
JPMorgan Chase & Co. Haruka Mori Overweight
Macquaire Capital Securities (Japan) Limited David J. Gibson -
Merrill Lynch Japan Securities Co.,Ltd. Hiroyasu Eguchi Underperform
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Masato Araki Neutral
Mizuho Securities Co., Ltd. Takeshi Koyama Neutral
Mizuho Securities Co., Ltd. Shinsuke Iwasa Neutral
New Street Research LLP Kirk Boodry -
NOMURA SECURITIES CO.,LTD. Yoshitaka Nagao Reduce
OKASAN SECURITIES CO.,LTD. Keisuke Iwafuchi Neutral
SMBC NIKKO SECURITIES INC. Eiji Maeda 2
UBS Securities Japan Ltd Sumito Takeda Buy

Rating

Disclaimer

This list is based on the data available as of the date the list was made and made in an objective manner by us. We do not guarantee the accuracy or completeness of analysts' information on the list, and we do not support or back up the listed analysts.

The above list is provided for informational purposes only and informs only the names of analysts and related brokerage firms which provide analyses and forecasts of the company's business performance to investors. This is not intended to induce or recommend the purchase or sale of the company's shares.

Please note that analysts judge the company's performance, business activities, products and technologies by their own opinions or estimates and forecast the company's results. We are not involved in the processes of making the forecasts in any way. Also, we do not support the opinions, forecasts or recommendations of the analysts listed above, nor do we guarantee the accuracy.

In making any investment decision, investors should rely on your own judgement and responsibility.