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1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                8                                      6     
4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      2003                                                                                                                                                                                                                                                                        2009             15                                  SMTC Co   Ltd       THAI KAMEDA CO   LTD                                                                                                                              
5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      2014                                                                                                                                             2014                                                                                                                                                                                0 19                                                                                      1 9                                                                        1 3                                     2014                                                                                                                                                                                                                                                Em  2014                                      25 000 Ea 23 970 23
6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                2014     4                                                                                                                                                                                                        ARABES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
7.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       DIC                                                                                                                                                                                                                                                                                                    TOKAI                                                                        KLab                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1                                                                    G65                  11                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1                                                                                                              2                                                   
9.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 2011     3                    3                                                                                                                                                                                             2014     3                                                                                              2010     3             2011     3         2012     3           2013     3             2014     3             2015     3         2016     3                 O A A E                                  690 300  438 454 2620 850 1360                      390  630 105  640  2522  636  680  AY NORNIR 300  330  333  186 98 214 680                                 kDSR               P Shared l esearch   http  www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       2220  SR Research Report    2015 7 29                                                                         
10.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 2014     3                                                                                                     92 833                          14 2                              3 306  ADA       5 5                              4 530 ADA       5 5                                  3 121                     9 8                                                                                                          104 3                         83 6                        90 69                    104 09                                        2013     3         2014     3                     2014     3                                                         2013     5              14 208 104 3              83 6   EHA 90 6   104 0                                              SR                                 a     Sh ared   sas ch   http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                        
11.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         K 1                                                                                                          K 2                                                                                                                                                                                                                                                                                                                            2013                                                      M amp A              2013             25       1                                                                                                          No 1                                                                                 39 9                                                                                                                                                     5                                                                                                     
12.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Weaknesses                                                                                                                                                                                                                                                                        2014     3                                                                                   59                                                                                                                                                                                                                                                                        M amp A                                                                                        M amp A                                                                                                                                                                                                                     2                                       3   
13.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 8                                                                                                                                                                                                                                                                                                                                                                                                       8                                                                                                                                                                                                                     2         3                                                                                                                                                                200              300                                                                            6                        2109                        278                                                1209  Mal 206              
14.                                                                                                                                                                                                                                                                                                                                                                                                                                                                    M amp A                                                                                                                                                                                                                                                                                                PB                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                a  P Sh ared Wesearch ig http   www  sharedresearch jp  Copyright  C  2014 Share
15.                                                                                                                                                                                                                                                                                                                                                                                                                                                           a  P Sh ared Wesearch ig http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  j a                                       2220  SR Research Report    2015 7 29                                                                                                             KAMEDA SEIKA CO   LTD                                                3  1   1                                           025 382 2111        1                                                1957     8     1984     10     31      HP             http   www kamedaseika co jp  3       IR                   IR               http   www kamedaseika co jp company   ir irindex html   IR      025 368 7210       a  j Sh ared KWeSGaT ch http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  j a                                       22 20  SR Research Report  2015 7 29       E                                                                                                                                                     
16.                                                                                                                                                                                                                                                                                                                                                                                                                                                       SR Inc                                                                                                                                                                                                                                                         SR Inc                                                                                                                                                                                                                                 Shared Researcn                                                                                             SR  Inc                                                                                                                                                                                                                                                                                                                   SR Inc                                          SR Inc                                                                                                    
17.                                                                                                                                                                                                                                                                                                                                                                                                                                           TPP                                                                                                                                                                                                                                                                                                 Er         0     0            Z                  30               Ni i  33   PA 1                                  Xi  A                           T aR                                                       Da   Ad            I          SS     e                                         1                                                                      J    AA                                  1 T  AF                             Es                                            40    F                                                     Ed    Re                                                                            BE oo                                                                                                                                                          
18.                                                                                                                                                                                                                                                                                                                                                            2015      3                                                                                   976 ADA              939 ADA  CH  Do    AR ICH SIE  ZE  CIIZI MB LIRA AFD  FIEBRE   TEST  AROS ma 5 AS SC CNI NIZA AL  Emma Ala                                                ERAMOR lt DASZO  Mi  AE OO RE BRA AFD PEL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          a  P Sh ared Wesearch ig http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  j a                                       2220  SR Research Report                          
19.                                                                                                                                                                                                                                                                                                                                 is                                                                                                                                                                                                   08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                     22 438 22 799 23 785 25 652 24 822 25 741 28 546 28 714         6 643 6 643 6 643 6 643 6 643 6 510 6 406 5 939  HSA SREZA 50 690 52 977 54 695 55 661 57 676 60 470 61 660 62 907                    17 266 17 834 18 175 18 844 19 235 19 966 20 491 21 156  PAU O UNER 32 231 33 672 34 946 35 129 36 722 38 496 39 025 39 355  J    RAE a 3 14 33 71 144 180 254             1 195 1 469 1 559 1 655 1 649 1 863 1 963 2 141                        76 2  76 6  76 1  74 5  76 0  75 9  73 6  73 4                                                  25 363 26 143 26 534 27 810 27 650 28 550 30 260 30 802  PA DS kU EME 39 538 41 060 43 042 44 705 45 690 42 513 49 550 50 359  U    RAE   36 73 158 255 487 724 947             1 577 1 848 1 899 1 946 1 954 2 303 2 507 2 671                                                 68 1  68 2 
20.                                                                                                                                                                                                                                                                                                                               2014     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Sh ared   sas ch   http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       22 20  SR Research Report  2015 7 29                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
21.                                                                                                                                                                                                                                                                                                              4                                                                    9                                                                                                     21                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    4                                                                     1957             32                             1971             46                             1976             51 F                                  1987             62                                                                                                                                                                                        2014     3                                                                                                            
22.                                                                                                                                                                                                                                                                                                      Sh ared   sas ch   http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       2220  SR Research Report       2015 7 29     2015     3             2                                                                                               44 776                                 3 6                                 789 ADA       978 0                              1 247 ADA  E  100 4                                       726                   12 59                                                                                                                   47 1                      46 5                           18 8   E 2 2                         24 4        13 7                                22 7        20 7                                                                                                               2014     3         2015     3                            2015     3                                                             3 5  95 000   47 1     a    a   978 0  4 200   18 8           1 247   100 491 5 100   24 4                         12 5      3 200   22 7                                  
23.                                                                                                                                                                                                                                                                         TH FOODS                                                                                                                                                                           Sh ared       escar ch la http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       22 20  SR Research Report  2015 7 29       A                         a                 06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                   3 925 5662 5777 6274 7774 6674 7518 5583 4169 4602            9 136 10489 9 263 9716 10 087 10 054 10 907 12036 11374 11 389                       i       1009 948 1018 1314 1745 2159 2 199              gt    478 493 530 643 670 716 677                                    937 1295 1 412 1 663 1 939 2146 2199                      2 451 2020 2113 2424 2735 2960 3620 4354 5022 5075                       629 768 791 770 833 776 696 719 808 813             287 226 245 194 211 590 286 330 389 332                      8  8  8  9  12  10  11  12 A E                       16 421 19 156 18 182 19370 21629 21044 23 015 2
24.                                                                                                                                                                                                                                                                  2011     3 BAURO 3                                                                           R                                                                                                                              2014     3                                                            04 3 05 3 06 3 07 3 08 3 09 3 10 3 11 3 12 3 13 3 14 3 15 3                                             SR                    Sh ared     escar ch la http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a          a Shared                                    2220     Na                                        SR Research Report  2015 7 29                                10     3         11     3         12     3         13     3         14     3         15     3                                                                                 79 354 79 859 78 789 81 324 92 833 94 849 98 000                                   75 982 76 133 75 133 77 156 88 101 89 870 92 819                                    2 513 2 827 2 898 3 253 3 724 3 958 4 135                     859 899 758 915 1 008 1 019 1 045                 3 481 3 330 3 365 3 497 3 306 4 032 5 000                                   3 190 3 316 3 1
25.                                                                                                                                                                                                                                              5                                                                                          4                                                                                                                                                                                                                                                                                                                                                                                     THAI KAMEDA  CO   LTD   IH KAMEDA STC CO   LTD                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
26.                                                                                                                                                                                                                                              Mary s Gone Crackers                                                                        M  amp  A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
27.                                                                                                                                                                                                                                              SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
28.                                                                                                                                                                                                                                          20                                                                                                                                        08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                                                                                    1 5 1 6 1 6 1 5 1 4 1 4 1 4 1 4                            2 5 2 6 2 6 2 5 2 4 2 2 21 2                         10 1 10 7 11 9 13 0 15 2 17 9 18 4 19 4                                48 23 44 67 45 54 46 03 48 55 51 49 46 0 43 8                                        SR                                                                                                                                                                                  http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                       2015     3 BARFA                                                                                                                                                                                                                                           
29.                                                                                                                                                                                                                                          2015     3                               1 196                              0 89     10     3         11     3         12     3         13     3         14     3         15     3                                                                     859 899 758 915 1 008 1 019 1 045               16 3  4 7   15 7  20 6  10 2  1 1  2 5                 94 10 11 30 33 34 33              2 2   89 5  8 1  177 5  10 0  4 4   3 5                     11 0  1 1  1 4  3 3  3 3  3 4  3 2                                             1 1  1 1  1 0  1 1  1 1  1 1  1 1                 2 7  0 3  0 3  0 9  1 0  0 8  0 7                                                  SR                                                                                                                                                                    http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       2220  SR Research Report    2015 7 29                                                 1009                                                                                                                                                                                                                                   
30.                                                                                                                                                                                                                         EE         09 3         100                                  175 0    155 0   MA X X EE     m El A EE                                     td    135 0  115 0 100 0  95 0  75 0  55 0    35 0    09 3     10 3     11 3     12 3     13 3     14 3     15 3                                               SR                     Sh ared       escar ch la http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a          P Shared esearch la http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                    22 20  SR Research Report  2015 7 29                            06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3           GJM                                                                                                  100 0  100 0  100 0  100 0  100 0  100 0  100 0  100 0  100 0  100 0                 60 1  59 5  60 0  60 0  59 1  59 1  58 5  58 5  57 9  56 8                      39 9  40 5  40 0  40 0  40 9  40 9  41 5  41 5  42 1  43 2   REA 35 7  36 0  35 5  35 9  36 5  36 8  37 3  37 2  38 6  38 9                  4 2  4 5  4 5  4 0  4 4  4 2  4 3  4 3  3 6  4
31.                                                                                                                                                                                                              2015     8                                                                        Sh ared     jesearch iS http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       22 20  SR Research Report  2015 7 29                                                                                                                                                                                                                                                                                                                                           3                                                                                                                                                   18              1975             50                                                                            40                                                                                                                                                     11                               2                                                                                                                                                                                                                                                      
32.                                                                                                                                                                                                        JAXA                                                                                                                                                                                                                                                                                                                                     http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                                                                                                                                                                                                                                                                                                        10     3         11     3         12     3         13     3         14     3         15     3                          541 487 534 779 4 372 5 438 6 998              1051 1   10 0  9 7  45 9  461 2  24 4  28 7                   93  127  39  42  630  647  404                                                                               0 7  0 6  0 7  1 0  5 0  6 1  7 5                  2 9   3 8   1 2   1 3   21 1   17 8   8 8                                                  SR               
33.                                                                                                                                                                                                       3                                                                                                                                           1929             4                                                                                                                                                                                                                                                                                                                                2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   1                                                                   
34.                                                                                                                                                                                                1946             21                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     1957             32                                                                                                                                                                                                                                        Sh ared   sas ch   http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       2220  SR Research Report    2015 7 29                                                                                                                                                                                                                                                              
35.                                                                                                                                                                                              HAPPY Turn s                   2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             2014     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
36.                                                                                                                                                                                   2010     3                                                                                                                                                                                                                                                                                                  2010     3                                                                                                                                                  2010     3                                                                                                                                                                    06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                                         4 605 3 937 3 301 2 783 4 286 5 870 5 035 7 603 6 710 4 919                           681  1 725  2 476  3 491  3 488  804  2 483 2 020 2 541 317                                        SR                                                                                                                                                                                  Shared esearch   http  www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved    
37.                                                                                                                                                                                  5                                                                                                                                                                                                                                  A                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Kameda Crisps                                                                                                                                                                                  KAMEDA                                                               OKOME                                                                                             2012     12                    Mary s Gone Crackers  Inc         2013     1                                                                                                                                                                                                           
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39.                                                                                                                                                                           3                                                                 9                                                                                                                                                                                                                                                                                                           2021     3                                                      1 500 6H  2015     3             1 6              ZEAE 10 0        5 7pt                                                                                                                                                  M amp A                                                                                                                                                                                                                                                                       2015     3                                                    94 849                          2 2                               4 032  ANDA       22 0                               5 156                   13 9                                   3 368                    7 9                                                                                                                                            
40.                                                                                                                                                                         2015     3                               10     oie                                 10 00   KAMEDA             9 02                                                   5 52                                 4 65                                      3 41                                        2 66                           1 85                                                                              1 81                                        1 55                                       1 45                                         SR                    Sh ared       escar ch la http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       2220  SR Research Report    2015 7 29                     06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                42973 2 887 2 899 2 968 2 909 2 863 2 835 3 010 3 048 3 043                                                  646 677 718 1191 1 240 1 232 1 170 1 301 1 485 1 623                       1 969 1 942 1 925 1 887 1 857 1 814 1 237 1 669 1 616 1 592                                                 207 210 228 296 320 327 294 301 400 464                                    
41.                                                                                                                                                                       2004     2005     2006         2007     2008   2009     2010         2011       2012       2013      2014        AA E                gt                A        SIP        JIP AR JIP                      2               317        3I7          689 28 3  447 18 3  190  178  127    670 27 4  438 17 9  184  169  122    1 RARR 630 28 6  2                212  9 6  3               177  8 0  4 655 135 6 1  5 RURE 88 40    681 28 2  491 203  201 83  188 7 8  142 59    695 29 3   477 20 1  199 84  182 7 7  2 127 53    647 26 6  372 153  190 78  165 68  108 44    629 27 0  314 135   189 81  155 67  97 42    3 621 266  6 278 119  7 184 79  0 146 63    9 40                                                                                                                                                                                                                                                             6     hb 73 33 82 35 83 36  87 36  88 84 84 35 87 36   7                 53 24 62 27 70 30 75 31 78 84 86 36 90 37 92 38  8 ADE 50 23 52 221 55 24 58 24 58 58 58 24 6 26 69 28  9 WERE 57 26 51 22 52 22 67 28 60 45 45 19 48 20 51 21  10         gt  80 3 75 32  75 32 76 31 65 60 60 25 60 25 51 21  ABRE 47 21 47 20 47 20  47 19 47 47 47 20 47 19 50 21  12        39 1 41 18  41 18 42 17 43 42 46 19 43 18 45 19  13 REESE 67 30 64 
42.                                                                                                                                                                       2014     3         2015     3                            2015     3                         1                1                                     21 680 22 400 3 3 1   95 000 23 6                 170 381 4 200                458 611 5 100                        513 346 3 200                                             SR                                                                                                                                                                                                                                                                                                                                                8    P Shared esearch la http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                                                                                                                                                                                                                                                        5                                                                                                                                                                                                                             
43.                                                                                                                                                                       46 8                             OEM                                                                                                 46 89           http   www thfoods com                                                                  THIEN HA KAMEDA  JSC       N HEADE                                           THTEN HA CORPORATION                                                                                        30                                         http   thienha kamedafood com                                   _                                                                                                                                                                                                             100                                                                                                                                                           http    niigatayusou  Ra                                                                                                                                                                                                                                  100                                14         _                                                                    10096                                                                       
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45.                                                                                                                                                                    3                                                                                                                                                                                                                                                                                                                                                                                                             TH FOODS  INC                                                   TH FOODS                                                                                                                                                                                                                                                                   46 89                                                                                                                                                                                                                                                                       a  P Sh ared   Nesearch ig http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  j pa       SR Research Report  2015 7 29                                   2220                                                                                            TH FOODS                                          
46.                                                                                                                                                                  1960             35                                                                                                                                                                                              1963             38                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                1960                                                                                   1970                                                     1980                                                                                                                                                                                                                                         1966             41                                    1977 F            52                               
47.                                                                                                                                                             2015     3                                                                                                                                                          CAGA                       350                               555                258 DATA 117                                     1 514  799                                      SR                  1                                                x                                             2                                           x                                                          3   RE  SIRA A                                                                        2015     3             1                                                                                                  22 400 BAH                     3 3                                381                   123 8                              611 ADA       33 3                                      346  ANA       32 7                                                                                                                   23 6                      23 4                           9 1        5 2                          12 0   E 10 1                     10 8   F 16 4                                                                                                                        
48.                                                                                                                                                            2021     3                                                                     1 500  5H  2015     3                 1 6                               10 0   E 5 7pt           ROE10 09                1 7pt                                                                                                                                                                                                                                                                                                                                   2015     3                                                                                                                                                               1                                                                       948                              4 3                ROE8 39            2018     3                                                                                                                                                   2                         1 080                              7 0   e ROE10 0   2021     3                                                                                                                                                                                                                 30                                                
49.                                                                                                                                                         3                                                                                                                                                                                                                                                                                                                                                                                          ASDAOQ 2221                                                  100                                                                       A 100                                                                                                                                                                                                                                                                                                                                                                                                                                                                  A                                                                                                                    90                                                                                                                                                                                                                   2000     3                                       
50.                                                                                                                                                350                168                258            319                          1 850 1 123                                      SR                  1                                                x                                             2                                           x                                                          3                                                                                                 2015     3             3                                                                                                  71 029                                 3 4                               2 741                   84 8                              3 512                   43 9                                     2 059  ADA       21 9                               Sh ared   sas ch   http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       22 20  SR Research Report  2015 7 29                                                                                            74 9                      74 09                          65 3   E 44 9                      68 9   E 53 9                                 64 3        54 1                                                                                                 BP  2014   
51.                                                                                                                                             SR Inc                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                SR Inc                                                                                                                  SR tnc                                                                                                                                            http   www sharedresearch jp                                                   Email  info sharedresearch jp                                 3 31 12                   03  5834 8787    a  P Sh ared Wesearch ig http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  j a       
52.                                                                                                                                          2                                                                                                                                                                                                                                                                                                                                      http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       2220  SR Research Report  2015 7 29                                                                                                                 1 4         Km                             36                                                                                                                       15                                                                  201543    E BERI   O             8                                                                                                                                                                                                                                       8                                                                                                                                   2                                              8                                                                                   
53.                                                                                                                                         4 147                          6 9                                62                   23 4                                                                                                                                                                                               6 998                          28 79                               404                          647                                                                                                                                                                                                                             06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                                                                                                                     73 000 74 000 76 000 80 000 82 000 82 000 80 000 89 000 95 000                       71 313 72 450 74 736 77 541 79 354 79 859 78 789 81 324 92 833 94 849                                         0 8  1 0  2 0   0 8   2 6   3 9  1 7  4 3   0 2                                  3 400 3 100 3 500 3 800 3 600 3 700 4 000 4 200                          2 993 3 240 3 339 3 128 3 481 3 330 3 365 3 497 3 306 4 032                                          1 8  0 9   0 5   12 4   6 5   5 5 
54.                                                                                                                                CM                                                                                                                                                                                                2016     3                                               98 000                          3 3                            5 000                    24 0                          6 100                   18 3                              4 000                   18 7                                                                                                                                                                                                                                                                                                  4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             SR                                                                                                                                                    
55.                                                                                                                           THIEN HA KAMEDA  JSC                                                                                                         1989                                                                                  Sesmark  Foods  Inc    4 TH FOODS                                                                                              TH FOODS                                                                                                                                                                                                                                                               2008             20                                                            22 20  SR Research Report  2015 7 29                                                              KAMEDA USA  INC                                                                      Kameda Crisps                                                                          2012             24       12                                 amp                                                                                                                                     Mary s Gone Crackers  Inc                  70 2                 28                                                                                                                                                                     
56.                                                                                                                 1960                                                                                                                                                                                         1966             41       ha                                                                                                                                LA         52                                                                                                  6                                                                                                a                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         1976             51                                                                                                      
57.                                                                                                     2                                      8                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1984                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   SR                                                                                             
58.                                                                                                2006                                                2015     6                                           CEO          IEL   RECE                                         COO                                                        1954                                                                       1976                                      HAIHA KAMEDA JOINT VENTURE   N         Sh ared     jesearch is http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       2220  SR Research Report    2015 7 29       RA                                                                                                      2012                                                      2015     6                                     COO                                                                                                                                                                                                                                                                                                                                                                                                                                                          7                                      4                                         4                            BZ 2                                                     
59.                                                                                               1 720                                 1 600                              600                             600                                                                                                                                                                                                                                                                                                                                                                                                                                                                          6                                            7                                                                          KAMEDA USA  INC               Mary s Gone Crackers  Inc                                                                                            TH   FOODS  INC                                                                                             TH FOODS                                  200                                                                                                          609                                                                                                                                                                                                                                                                    THAI KAMEDA CO   LTD   IB KAMEDA STC CO   LTD      
60.                                                                                         5 09                  2014     3                                                                                                                                                                                                    2                                                                                                                                                                                                                                                                      http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved           Shared           jesearch   http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved    e                                    2220  SR Research Report    2015 7 29    AA                     KAMEDA USA  INC                                                MarY a Gone Crackers  Ino                                                                                   a 2012           S 2013                                                  MENIBPCA MBA ERO PEL ERA                  2014     3                                                                        2014                                                6 220                                                                        3 300                                            2 920                                                
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63.                                                                           http   www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                                                                                                                                                                                                                                                                       2     2208    1924      KE 13       11                                                                                                                                                                                                                                                                1                                                                                                                                                                                                                                                                                                                          Shared   Scar ch  http   www sharedresearch   p  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       2220  SR Research Report  2015 7 29       SW  Strengths  Weaknesses             s         Strengths                                                                                                                                
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67.                                                                 55 7                                                                                                                                                                                                SR                                                              P Shared esearch   http  www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                                      d                                                                                                                                              2015             27 F  3                                    26      2014                                                                                            2014                                              2 2           23 950                                                                         2014     4                                                                                                                                                                                                                                                                                                                                                                                                                                           2014                                                 
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69.                                         2015     3                                                                                                                                                                   75 0 100  60 0 80  eel 60  coo   40  ll  E O  og a a a a a a a a  gt  A ES  JOA OO S TERN I Do  EE E Taaa A  Wo n a g M R R ES R OR Sukr DA a oe  e SFR Ko 4x  42 W  lt        6 izy                                              2014     6                       SR                   jesearch iS http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  a                                       2220  SR Research Report    2015 7 29                                                        19504         25                                                                                            d 19614         36                                              1966             41       x                                                         1967             42       x                                        1976             51                                                        1977             52                                                                                             1986             61       x                                       x                                     1989                                                                       1993             5                                               1996            
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73.                                      2013              25                                                                                                                                                                                                                      23                                                     18                                                             4                                  7                                                                2015      4     7                                                                                                                                                                   a  P Sh ared Wesearch ig http   www  sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved  F a           Shared 1                   Ye                                    22 20  SR Research Report  2015 7 29                                                                                                             8                                                    O   A      100 AERX Nn 115    109 7 109 5  100 0 LY AAN  AA j N  s _  100    90 0  4      5      6       7      8       9      10      11      12       1       2       3     95  2014     2015      90  2   e 10 3     11 3     12 3     13 3     14 3     15 3                                                           SRI   SM                                                                                                                  
74.                                    2220  SR Research Report             2015 7 29    sE                            F N              H                     5                                                                                                                                                                                                                                              1984 10                                               1993 9                                SESMARK FOODS  INC        TH FOODS  INC                               1997 10                                                         10096                                                                        1998 4                                                                1009                                                                   2000 3                                                                                                                                                    2003 1                                                                                                       2004 2                                                      2004 10                                                           2005 4                                 1009                                                                                    2005 7                                                                                                                                             
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91.    2008 4                                             100              KAMEDA USA  INC                  2009 2                  SMTC Co Ltd        THAI KAMEDA CO   LTD                        2012 4                                                            2012 12                                                                                             2013 6                     THIEN HA KAMEDA  JSC                                                                                      SR                                                                    2016     3                     3                                                                                                                                                                                                                                                                                                                                                                        2015     6     18                                                        CEO   COO                                                                                                                                         CEO                                                            1945                                                                   1968                                                                                                                                  1998                                                         
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114. A Ra       TH FOODS  INC     THA KAMEDA CO  LTD        KAMEDA USA  ING                                   http    www sharedresearch jp  Copyright  C  2014 Shared Research Inc  All Rights Reserved      Shared  Mesearch                                               22 20  SR Research Report  2015 7 29    j EME   ARPA   2015     3                               4 2                                   8 996    10     3         11     3         12     3         13     3         14     3         15     3                                                                     2 313 2 827 2 898 9258 3 724 3 958 4 135               0 2  12 5  2 596 12 2  14 5  6 3  4 5                 197 4 182 245 285 360 367               16 2   98 0  4450 0  34 6  16 3  26 3  1 9                     7 8  0 1  6 3  7 5  7 7  9 1  8 9                                              3 2  3 5  3 7  4 0  4 0  4 2  4 2                 5 7  0 1  5 4  7 0  8 6  8 9  7 3                                                   SR                                                                                                                                                                                                                                  1974             49                                                                  CEREAL                                                                                                                                                                                           
115. Copyright  C  2014 Shared Research Inc  All Rights Reserved                                       22 20  SR Research Report  2015 7 29                                                                                                                             2005     3             45 351                      2014     3         66 840                                                                                                                                                                                                                                                                                             2008     3         10 1             2014     3         18 4                                                    3                                                                                                                                                                                                                                                                 06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3                                                  7 7 7 4 7 6 8 2 8 0 7 9 7 5 7 1 7 9 8 3                                47 2 49 4 48 2 44 7 45 5 46 0 48 6 51 5 46 0 43 8                      30 8 32 4 36 2 34 2 30 8 28 0 23 9 20 4 19 8 18 8                             11 8 11 3 10 1 10 7 11 9 13 0 15 2 17 9 18 4 19 4                          15 2 15 3 15 3 15 0 14
116. d Research Inc  All Rights Reserved  F a                                       22 20  SR Research Report  2015 7 29       Y                                                    06     3         07     3         08     3         09     3         10     3         11     3         12     3         13     3         14     3         15     3                           71 313 72 450 74 736 77 541 79 354 79 859 78 789 81 324 92 833 94 849              1 3  1 6  3 2  3 8  2 3  0 6   1 396 3 296 14 2  2 2                 42 882 43 093 44849 46 554 46 907 47 166 46 055 47 547 53 745 53 912                    28 431 29 357 29 887 30 987 32 447 32 693 32 734 33 777 39 087 40 937              3 1  3 3  1 8  3 7  4 7  0 8  0 1  3 2  15 7  4 7   ES 39 9  40 5  40 0  40 0  40 9  40 9  41 5  41 5  42 1  43 2                                          25 439 26 116 26 549 27 859 28 966 29 363 29 370 30 280 35 791 36 905  ES 35 7  36 0  35 5  35 9  36 5  36 8  37 3  37 2  38 6  38 9                 2 993 3 240 3 339 3 128 3 481 3 330 3 365 3 497 3 306 4 032              14 2  8 3  3 0   6 3  11 3   4 3  1 0  3 9   5 5  22 0   ESTAS 4 2  4 5  4 5  4 0  4 4  4 2  4 3  4 3  3 6  4 3                      350 206 283 305 647 812 906 998 1 346 1 241  EEJ 210 115 115 119 107 204 212 201 122 116                3 133 3 331 3 506 3 314 4 021 3 938 4 059 4 294 4 530 5 157              17 5  6 3  5 3   5 5  21 3   2 1  3 1  5 8  5 5  13 9   PARK 4 4  4 6  4 7  4 3  5 1  4 9  5 2  5 3  4 9  5 4                 1
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