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3. 699 2096 69 596 2014 4 10 4 11 4 12 4 13 4
4. CRM 3770 SR Research Report 2015 5711 LTV
5. 2 284 22 3 950 6 5
6. 378 2015 4 1 10 3
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8. Sh ared Wesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711
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11. SR Inc SR Inc Shared Researcn SR Inc
12. ZAP ZAP ZAP facebook NAS ma ZAP EE CRM SR
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15. 500 2014 6 2014 4
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19. 2012 28 0 14 997 17 8 6 878 47 8 6 281 12 9 1 838 P C 16 000 14 997 14 000 1 838
20. SNS http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 SR
21. 2013 4 2012 4 2012 12 Daily Insight Group 2013 6 Sh aredd Mesearch http ww
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23. iPhone Android DO
24. Fl 20 34 LTV Life Time Value 300
25. Sh aredd Mesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 3 793 388 4 104 317 3
26. Sh aredd Mesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 586 453 1 76 235 2 1 PINK 2
27. SW Strengths Weaknesses Sh aredd Mesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 10 4 11 4 12 4 13 4 14 4 15 4 11 225 11 813 10 088 8 890 8 155 7 730 8 9 5 296 14 69 11 996 8 396 5 29 580 7 800 6 861 6 118 5 396 13 696 2 996 12 096 10 89 11 896 67 59 66 09 68 0 68 8 66 296 3 016 3 073 2 584 1 423 722 500 11 39 1 996 15 996 44 996 49 296 30 896 26 996 26 0 25 6 16 0 8 9 6 596 3 041 3 090 2 594 1 655 752 700 12 8 1 696 16 096 36 296 54 596 09 27 19 26 296 25 796 18 69 9 296 9 196 1 532 1 626 1 579 917 376 60 3 1 6 1 2 9 41 9 59 0 84 0 13 79 13 896 15 79 10 39 4 696 0 8
28. Sh aredd Mesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 F P FP ARPU 1
29. http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 ISP Jetc es 315 LTV 4 i SR 300
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37. 2015 4 2 2015 4 2 3 769 3 3 237 11 8 324 28 2 211 33 4 MM
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44. 1 Sh ared GYcsea ch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved
45. 1 9 SR 2014 4 2014 3 28 53 http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 Facebook 2014 4 4 2014 5 Facebook
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58. PV 2014 10 3 200 2014 7 3 000 PV Sh ared Wesearch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5711 10
59. 1 Facebook 2 1 2 225 4 4 90 40 100 Zappallas Inc U S 2
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62. 13 346 13 411 13 471 13 531 13 651 EPS 116 0 131 1 126 7 73 0 29 7 4 7 EPS 113 4 128 7 124 6 72 3 29 6 DPS 42 00 42 00 42 00 42 00 22 00 10 00 BPS 465 2 552 6 635 6 661 8 652 7 3 81 4 687 4 800 4 693 5 081 5 880 7 264 7 098 6 724 6 879 144 137 175 137 129 1 052 1 042 1 053 850 864 468 331 1 092 2 415 2 185 7 544 8 774 9 417 10 126 10 057 480 487 332 304 377 32 191 184 1 738 1 846 1 320 1 085 1 182 63 631 484 0 0 64 632 485 1 738 1 846 1 384 1 716 1 667 5 806 6 928 8 033 8 410 8 390 0 0 95 821 668 2 084 1 725 1 637 1 475 1 313 329 411 841 2 126 272 2 018 508 584 213 660 ROA 19 59 19 99 17 49 9 49 3 7 ROE 25 5 25 7 21 3 11 396 11 396 76 396 78 496 84 49 82 4 182 496 SR
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72. Shared esearch lp http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5 11 SW Strengths Weaknesses Strengths M amp A F1 20 34 20 30 PF1 CRM
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103. Strengths Weaknesses 32 EE 33 1 0 PP 37 47 EE 48 OO 49 2 49 GENRE 50 2 50 7 51 52 Sh ared ch http www sharedresearch jp Copyright C Shared Research Inc All Rights Reserved 3770 SR Research Report 2015 5 11 CRM NTT 1 9437 ij 2000 20
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