Home
インフォマート|2492|
Contents
1. MG
2. 0 2008 2 ASP ASP w
3. SR Inc PSM SR Inc Shared Research inc 3 31 12 http www sharedresearch jp TEL 03 5834 8787 Email info sharedresearch jp Shared eSeafch FAA www sharedresearch jD
4. ASP PP ON ee SR B to B B to B 10
5. B to B 1 1998 2 6 e ASP B to B
6. SR Www sharedresearch jp sSharedd eSeafch 30 71 R Shared Research Report gt 2492 LAST UPDATE 2015 10 13 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 1 077 833 873 929 1 052 1 201 1 539 ASP 791 700 661 717 807 ASP 42 173 268 955 393 YoY 0 8 22 676 4 890 6 4 13 2 14 1 28 2 ASP S00 OYG 8 5 12 596 ASP 311 0 55 0 24 7 17 6 588 546 490 345 479 945 1 097 ASP 546 420 293 375 650 ASP 0 71 52 103 295 YoY 20 10 196 29 96 38 8 97 4 16 196 ASP 2 S020 28 2 73 1 ASP
7. FOODS Info Mart FAX
8. J GCA VOYAGE GROUP Aiming SBS
9. ASP gt gt ASP a 4 5 a am
10. 39 2 5 56 92 SaaS 2012 12 2013 2 14 2012 12 BtoB 2011 1 7 171 EC 0 5 16 1 2011
11. ASP in 2013 6 28 2 A 2014 11 27 1 6 www sharedresearch jD Shared eSeafCh 16 71 R Shared Research Report gt FY12 12 2492 FY12 13 FY12 14 LAST UPDATE 2015 10 13 FY12 09 196 YoY 54 796 123 YoY 62 6 131 YOY 8 YoY 3 9
12. 2015 2015 12 ASP 20 a b 2015 12 1 ASP
13. www sharedresearch jD Shared eseatche 33 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 2014 12 ASP 9 218 2 207 7 011 CUUS 25 000 5 000 5 2
14. ASP 2003 2014 12 ASP 27 814 26 356 1 458 30 304 2014 12 9 326 3 15 5
15. PP ASP PP ASP ASP Web Web PP BtoB ASP ASP BtoB 2015 2016 ES www sharedresearch jD Shared eseatch 22 71 R Shared Research Report 2492
16. FOODS Info Mart 2014 4 189 000 1 4 2010 Euromonitor International FAX FOODS Info Mart FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 11 1 43 70 92 119 YoY 174 9 52 59 155 396 63 196 31 59 28 896 9 64 40 12 1 79 YoY 5 214 696 12 19 52I0U96 7 245 296 369 8 676 696 497 596 93 596 16 596 18 2 66 4 114 142 134 105 96 89 YoY 222 69 24 596 5 896 21 596 8 996 6 996 189 228 175 118 8 10 YOY 457 290 20 5 0 352 8 3 7 92
17. BEAUTY Info Mart MEDICAL Info Mart 3 2015 12 www sharedresearch jD Shared ese atche 57 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 120 120 100 100 80 80 60 60 40 40 20 20 0 0 20 20 40 40 60 60 80 80 100 100 01 03 01 03 01 03 01 03 FY12 11 FY12 12 FY12 13 FY12 14 m SR 93 28 2 156 gt 40 50 1 Foods I
18. 2011 12 Www sharedresearch jp Shared eSeafCh 65 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 30 1 OO 1997
19. 2 2 FOODS Info Mart 5 PP ASP
20. A mk dm be 2 bi SR Inc SR Inc 9 lt SR Inc i Shared Research SR Inc
21. www sharedresearch jD 55 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 12 1 ASP 2 2013 6 28 2 3 2014 12 02014 11 27 1 6 SR 2014
22. FAX 10 19
23. Web Web 2012 12 150 150 35 38 000 17 946 ASP ASP
24. SR BtoB IT BtoB a ASP 17 71 R Shared Research Report gt ASP ASP YOY ASP ASP ASP ASP YOY ASP ASP ASP 5 YOY ASP 5 YOY ASP 5 ASP ASP SR FY12 09 1 077 0 8 588 54 6 582 0 5 FY12 10 833 791 42 2 2 6 546 546 196 65 596 69 096 0 496 714 22 796 168 239 407 189 69 20 296 30 296 966 7 FY12 11 873 700 173 4 8 115 311 0 490 420 71 10
25. 2013 12 65 3 www sharedresearch jD eshared eseatch 64 71 R Shared Research Report ry 2492 gt LAST UPDATE 2015 10 13 2 mm 1 743 755 895 1 284 1 710 1 878 2 655 888 1 311 1 482 l 186 145 FCF 1 2 89 133 416 198 524 733 113 53 892 241 491 555 A 388 499 638 944 1 113 749 B 553 891 1 277 1 487 182 l 136 C 79 54 80 119 137 245 FCF NI A B C 162 93 358 166 425 546 SR Pe Foods Info Mart
26. 2015 10 26 2015 10 13 10 16 2015 10 5 60 752 000 6 76 394 230 30 EPS 6 949 5 140 5 139 960 000
27. ASP ASP ASP
28. 2010 9 79 2011 29 39 2012 49 5 2010 7 29 2011 8 596 2012 15 3 EC SR
29. 1 945 851 77 7 3 2013 12 Www sharedresearch jp Shared eSeafCh 51 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 2 945 3 043 3 324 3 785 4 339 4 980 2 941 3 032 3 307 3 741 4 269 4 887 4 11 17 43 70 92 YoY 3 396 9 296 13 996 14 79 14 89 3 196 9 196 13 196 14 19 14 59 174 9 52 596 155 39 63 09 IM 6 1 012 974 1 079 1 306 1 490 1 145 1 009 888 978 11223 1 408 1 069 3 86 101 83 82 76
30. Web ASP ASP 2014 12 ASP 186 24 260 1 000 39 1 000 0 5 1 0 10 30
31. SR ASP ASP FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 196 318 362 459 586 742 977 YoY 54 79 61 7 14 1 26 796 27 5 26 7 31 79 123 21 263 329 403 605 809 YoY 76 8 21 1 25 1 22 396 50 1 33 8 62 6 68 4 72 6 71 7 68 8 81 5 82 8 131 163 229 284 348 383 512 YoY 24 9 40 2 24 3 22 5 9 8 33 8 8 54 35 45 54 222 297 YoY 606 096 6 3 30 09 21 1 308 3 SS 0 99 17 196 9 5 9 8 9 3 C09 30 4 70 82 153 159 226 292 60 89 151 222 291 357 3 005 3 386 3 860 4 446 4 964 5 762 12 71 6 67 66 29 62 71 69 66 381 474 586 518 798 SR www sharedresearch jD eshared eseatch 28 71 R Shared Research Report yr a 2492 gt LAST UPDATE 2015 10 13 ASP
32. Shared i esearche 26 71 Www sharedresearch jp R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 ASP 1 000 50 403 600 40 Se 600 30 2 2 400 20 _ i I 0 0 FY12 03 FY12 04 FY12 05 FY12706 FY12707 FY12 08 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 ASP YOY SR ASP 1
33. FY12 09 FY12 10 FY12 11 FY12 12 FY12 14 2 945 3 043 3 324 3 785 4 339 4 980 5 948 YoY 3 3 9 2 13 9 14 7 14 8 19 4 1 206 1 463 1 596 1 663 1 754 1 890 2 190 686 833 887 947 1 010 1 103 1 260 16 16 17 26 31 28 70 146 229 135 126 133 141 195 106 131 111 113 127 167 86 100 112 126 146 143 16 13 9 9 14 11 6 256 166 305 317 308 337 499 YoY 21 3 9 1 4 2 5 5 7 7 15 9 21 4 6 5 6 8 6 6 9 2 14 2 21 2 12 5 0 9 4 1 5 7 18 2 40 9 48 1 48 0 43 9 40 4 37 9 36 8 23 3 27 4 26 7 25 0 23 3 22 1 21 2 0 5 0 5 0 5 0 7 0 7 0 6 1 2 5 0 7 5 4 1 3 3 3 1 2 8 3 3 3 5 4 0 2 9 2 6 2 5 2 8 2 9 3 3 3 4 3 3 3 4 2 9 0 6 0 4 0 3 0 2 0 3 0 2 5 8 7 5 4 9 2 8 4 7 1 6 8 8 4 SR 3
34. 50 2014 12 1 19 38 www sharedresearch jD Shared eseatch 21 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 1998 BtoB FOODS Info Mart ASP Application Service Provider FOODS Info Mart FOODS Info Mart ASP FOODS Info Mart 1 ASP Application Service OV
35. SR Www sharedresearch jp Shared eseatch 34 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 ASP Web Web ASP 2010 12 ASP 2011 12 ASP 1 ON
36. PC OS iPhone ASP FAX 1 mis 1 1 ail1 ry gt
37. 3 4 4 6 6 2015 12
38. Www sharedresearch jp Shared eSeafCh 54 71 R Shared Research Report ry a 2492 gt LAST UPDATE 2015 10 13 30 70 13 FAX 57 2015 12 ASP 900 90 800 80 700 70 600 53 0 53 6 52 4 53 2 52 60 48 1 48 0 49 6 50 7 50 0 49 7 49 4 48 4 47 8 500 46 8 44 99 7 4 47 3 47 5 47 1 47 7 8 6 a 400 1 40 7 300 30 200 20 100 10 0 0 Q3 Q3 Q3 Q3 Q3 Q3 i i 0 i i e
39. 5 100 I I I I I I I _ _ ASP gt 2 945 11 9 2 847 gt 1475 21 8 1 342 2014 12 2014 12 41 2013 12
40. www sharedresearch jD Shared eseatch 41 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 2013 23 9 046 3 7 1 714 2013 12 ASP ASP 8 618 12 09 2005 2006 2007 2008 4 0 PA AR 2011 2012 2013 Nc 1 2007 2012 a 243 903 245 523 245 908 245 068 236 599 234 887 228 282 232 314 239 046 YoY 0 4 0 7 0 2 0 3 3 5 0 7 2 8 1 8 2 9 1 1 ax0 3 73 171 73 65
41. x 1 ASP 8 10
42. 30 100 18 000 1 300 30 000 1 2 MN 10 2014 12 1 2 8 28 000 3 000 www sharedresearch jD sShar eSeafch 27 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 for for ASP 2011 12
43. BtoB 2016 ES 2015 60 ASP ASP BtoB BtoB ASP 1 BtoB ASP ASP ASP J ASP 1 308 109
44. 2000 1 8058 IC6 ICG 2000 2001 2000 e 2001 300 2003 50 4 3 000
45. Shared esearche 63 71 www sharedresearch jD R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 FY12 09 747 551 1 020 64 620 801 673 713 796 886 1 036 1 277 138 96 94 94 130 154 1 558 1 360 1 910 1 564 1 786 2 233 25 36 42 51 45 37 30 30 0 0 54 99 65 156 66 94 202 307 200 1 167 1 488 1 805 1 186 2 725 2 768 71 143 487 1 640 109 438 100 80 0 10 13 14 14 15 15 1 247 1 744 2 386 2 840 2 849 3 221 1 428 1 846 2 522 3 093 3 202 3 457 2 986 3 205 4 431 4 657 4 988 5 690 189 174 177 148 160 157 g 424 688 688 520 424 459 523 632 841 970 613 633 1 124 1 468 1 689 1 647 576 288 0 0 587 299 13 13 613 633 1 711 1 767 1 702 1 661 1 001 1 001 1 001 1 001 1 029 1 057 438 438
46. 13 20 22 A 22 SW Strengths Weaknesses 41 i 42 46
47. SR FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 1 934 2 069 2 246 2 478 2 849 3 835 4 473 65 6 68 0 67 6 65 5 65 7 77 0 75 2 728 606 650 815 1 095 1 945 2 283 24 7 19 9 19 5 21 5 25 2 39 1 38 4 EBITDA 1 116 1 104 l 288 1 759 2 208 2 695 2 297 EBITDA 37 9 36 3 38
48. 17 4 2 283 16 2 2 279 19 3 1 404 TASP 1 www sharedresearch jD Shared eseatch 15 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 ASP FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 1 668 1 881 2 071 2 353 2 631 2 945 3 313 YoY 21 5 12 8 10 1 13 6 11 8 11 996 12 596 1 221 1 381 1 576 1 844 1 9
49. www sharedresearch jD Shared seareh 09 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 1 2 SR Q2 2 802 25 0 Q1 15 6 2014 12 13 0 2015 4
50. Sa TE SS TS 24 SR 2015 12
51. www sharedresearch jD Shared eseatche 46 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 4 19 24 ES BtoB FOODS Info Mart AN NN 40 000 000 8 Q a 35 000 RN M 7 000 nm Mm 0O Mm 30 000 2 Q M 6 000 te mn Mm 25000 8 R88 oN 5 000 0 9 Q N N 0 20 000 4 000 15 000 5 3 000 3 36 3021 2 95s 10 000 21610 iP 2 000 2984 lt 303 5 000 191 166o 1739 1 000 0 0 01 0Q3 01 Q3 Q1 Q3 Q1 Q3 01 03 01 03 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 mm SR
52. 3 40 ASP ASP 2012 12 7 394 16 7 10 10 BtoB amp 2012 12 ASP
53. 5 ASP B2B 11 ASP Shared esearche 67 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 51 499 Infomart International Ltd 66 7 33 3 Infomart Beijing Consulting Limited Company 100
54. 2014 12 13 6 FOODS Info Mart ASP 16 2015 2016 2013 12 309 16 16 16 2015C2016
55. 2013 2014 7 2014 9 ASP 2013 6 28 2 2014 12 2014 11 27
56. 69 IR 69 70 www sharedresearch jD Shared eSeafch 02 71 R Shared Research Report gt 2492 LAST UPDATE 2015 10 13 FY12 10 FY12 11 FY12 12 FY12 13 FY12 EN 2 945 3 043 3 324 3 785 4 339 4 980 5 948 3 3 9 2 13 9 14 7 14 8 19 4 1 934 2 069 2 246 2 478 2 849 3 835 4 473 7 0 8 5 10 4 15 0 34 6 16 6 65 6 68 0 67 6 65 5 65 7 77 0 75 2 728 606 650 815 1 095 1 945 2 283 16 8 7 3 25 5 34 3 17 7 17 4 24 7 19 9 19 5 21 5 25
57. DB 7 011 24 260 2 207 186 IT IT 30 000 ID 25 000 ID 23 000 ID 10 000 ID 5 000 ID gt 100 ID gt Sa
58. 1 1 514 www sharedresearch jD Shared eseatche 49 71 2492 R Shared Research Report gt LAST UPDATE 2015 10 13 350 140 300 120 250 100 200 80 150 47 3 60 100 a 40 50 20 0 7 Lu 13 4 0 50 6 32 0 20 100 40 01 03 Ql Q3 01 03 Ql Q3 01 03 Ql Q3 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 e SR ASP 2 DB
59. www sharedresearch jD Shared eseatch 32 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 B D a E _ yy 1 2 CSV gt 20 OFF 1 50 5 000 1 50 50 000 5 100 10 000 51 100 150 000 101 500 25 000 101 500 300 000 501
60. NT ID 2015 7 24 670 290 386 www sharedresearch jD Shared eSeafCh 08 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 ID 40 000 ID
61. Foods Info Rise 2014 12 Foods Info Rise 151 166 504 1 25 000 1 D 500 1 800 20 2009 5 1 8031
62. 20 OFF 1 50 5 000 1 50 50 000 5 100 10 000 51 100 150 000 101 500 25 000 101 500 300 000 501 1 000 50 000 501 1 000 500 000 1 001 2 000 100 000 1 001 2 000 1 000 000 2 001 2 001 10 0 0 CK gvq TS TEmEETS8ENRN TS KR RKRnRE ElEmiritit gt 2096 OFF 5 000 1 1 000 150 000 100 1001 2 000 300 000 101 1 000 40 2001 1 001 30 5 001 1 10
63. Q3 ES ID 2016 12 ES 2016 12 1 ES 2 ID 3 ID 2015 9 100 000 12 200 000 2016 12 4 ID FOODS Info Mart 45 000 eH 9 000 als RR RS 40 000 Th Ts RT EE ES 8 000
64. 36 000 11 ASP 2014 8 2016 100 ID 100 ASP 2014 2015 3 2015 2 6 253
65. 30 1ID 10 000 500 www sharedresearch jD Shared eSeafCh 62 71 2492 R Shared Research Report gt LAST UPDATE 2015 10 13 FY12 09 FY12 10 a 2 945 3 043 3 324 3 785 4 339 4 980 5 948 YoY 3 3 9 2 13 9 14 7 14 8 19 4 1 012 974 1 079 1 306 1 490 1 145 1 475 1 934 2 069 2 246 2 478 2 849 3 835 4 473 YoY 7 0 8 5 10 4 15 0 34 6 16 6 65 6 68 0 67 6 65 5 65 7 77 0 75 2 1 206 1 463 1 596 1 663 1 754 1 890 2 190 40 9 48 1 48 0 43 9 40 4 37 9 36 8 728 606 650 815 1 095 1 945 2 283 YoY 16 8 7 3 25 5 34 3 77 7 17 4 24 7 19 9 19 5 21 5 25 2 39 1 38 4 0 3 2 9 21 22 0 3 6 9 9 5 727 605 645 815 1 107 1 962 2 279 YoY 8 16 8 6 6 26 4 35 8 77 2 16 2 24 7 19 9 19 4 21 5 25 5 39 4 38 3 31 9 23 114 30 33 302 324 361 311 458 779 43 3 54 3 58 0 44 3 42 6 40 4
66. Foods Info Rise www sharedresearch jD Shared eSeafch 36 71 R Shared Research Report yr a 2492 LAST UPDATE 2015 10 13 2010 1
67. 1 2 700 2017 12 2 2 300 2017 12 BtoB 3 BtoB 4 105 800 2015 10 13 10 16 2
68. 2015 12 ASP 209 a b 2015 12 1 ASP 2 2013 6 28 2 3 2014 12 2014 11 27 1 6 SR 2014
69. BtoB EC 178 5 www sharedresearch jD Shared ese atche 42 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 BtoB EC 2006 2007 2008 2009 2010 2011 2012 BtoB EC 147 9 161 7 158 9 131 1 168 5 171 4 178 5 9 396 1 796 17 5 28 6 1 7 4 1 EC 12 69 13 396 13 596 13 796 15 696 16 196 17 596 2 7 3 0 4 0 4 1 5 0 10 5 32 996 3 0 21 4 EC 6 8 8 2 8 8 10 4 45 7 37 9 51 6 50 6 50 9 17 0 36 196 1 8 0 5 EC 12 196 13 596 14 196 15 596 BtoB EC 231 5 253 4 249 6 204 9 256 3 257 8 262 1 9 59 1 596 17 9 25 19 0 6 1 796 EC 19 896 20 8 21 2 21 5 23 7 24 3 25 79 17 8 18 2 21 0 20 5 21 8 2 1 15 2 2 3 6 7 EC 41 1 43 1 44 1 45 7 77 4 63 1 82 6 80 3 78 3 18 5 31 0 2 8 2 596 EC 20 1 21 7 22 4 23 8 BtoB EC
70. 54 6 49 69 48 46 239 34 3 29 3 29 6 32 7 33 0 21 9 12 4 14 7 16 6 22 8 24 3 14 0 1 12 0 12 8 11 5 8 1 7 6 7 0 j 1 8 1 9 1 5 1 8 1 1 1 0 k 8 1 3 86 101 83 82 76 1 206 1 463 1 596 1 663 1 754 1 890 1 171 1 349 1 452 1 528 1 648 1 795 686 633 887 947 1 010 1 103 16 16 17 26 31 28 146 229 135 126 133 141 86 100 112 126 146 143 106 131 111 113 127 16 13 9 9 14 11 256 166 305 9 308 337 40 9 48 1 48 0 43 9 40 4 37 9 23 3 27 4 26 7 25 0 23 3 22 1 2 9 3 36 3 4 3 3 3 4 2 9 5 0 7 5 4 1 3 3 3 1 2 8 m 3 5 4 0 2 9 2 6 25 n 0 6 0 4 0 3 0 2 0 3 0 2 0 j k D m n 27 4 26 1 21 3 16 4 14 7 13 5 1 028 1 098 1 304 1 391 1 464 1 583 YoY 6 9 18 7 6 7 5 3 8 2 1 408 1 560 1 868
71. 10 5 2014 12 1 006 10 ASP
72. ASP 2014 12 FOODS Info Mart 2013 12 2 958 37 160 2 662 29 919 296 7 241 2014 12 38 092 FOODS Info Mart N N 40 000 8 000 R mn 8 m 35 000 7 000 in 2 Mn 30 000 a 9 6 000 o m mM Q 0 8 h N NN 25 000 8 RR A 8 dN NR 5 000 EE SR Q 20000 4 000 15 000 aa 3 000 3 36 3 021 2958s 10 000 2610 EiP 2 000 2j084 593 5 000 1989 60 1 9 1 000 0 0 Q1 03 01 03 01 03 Q1 Q3 Q1 Q3 Q1 0Q3 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 SR Www sharedresearch jp Shar
73. ASP 2014 8 2016 100 ID 100 2014 12 374 253 121 2015 2 164 2015 2 202 865 ID ASP 2014 2015 3
74. IT 30 000 ID 25 000 ID 23 000 iD 10 000 ID 5 000 ID gt 100 ID gt 4 3 0 196 RE 1 300 11D gt 100 a 2 gt 50 40 30 5 000 100 000 a 280 000 2 280 000 50 000 200000 SR 2014 12 BtoB BtoB 2014 10 BtoB 36 000 11
75. SaaS ASP 3 000NTS 300NTS 11 500NT 15 000NTS 1 30 000NTS SaaS ASP 15 000NTS 40 000NTS
76. ASP 2013 2014 9 ASP 717 8 5 70 6 1 ASP 2012 Me www sharedresearch jD Shared eSeafCh 59 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 59 2013 12 9 272
77. SR 3 1 CH 16 13 7 12 10 8 6 4 2 0 FY12 03 FY12704 FY12 05 FY12 06 FY12 07 FY12 08 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 SR Www sharedresearch jp Shared eseatch 20 71 R Shared Research Report ry a 2492 gt LAST UPDATE 2015 10 13 BtoB
78. 2015 2016 169 SR 16 13 7 14 12 10 8 6 4 2 0 FY12 03 FY12704 FY12 05 FY12 06 FY12 07 FY12 08 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 SR EC EC FAX ASP 2011 12 PC
79. PP FOODS Info Mart Bto B 3 Weaknesses
80. SR ASP ES 2 Q2 ASP ASP 1 404 197 16 3 BtoB 17 5 988 SR Q2 1 ASP 2 ASP 3 ES
81. 2 2013 6 28 2 3 2014 12 mm 2014 11 27 1 6 SR 2014 ASP 300 100 689 80 200 i Te i ni PP oii a aes 60 150 35 33 p35 i 40 9 2 2 o 2 ge 2 14 9 1 1 413B 0E 149 20 4 3 ds 22 1 1 7 2 L6 28 42 0 LM i 5 W 0 9 11 50 20 01 03 01 03 01 03 01 03 01 03 01 03 01 03 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 mmwmw SR No ASP
82. ASP 2015 12
83. EC SR NO 2 3 www sharedresearch jD Shared eseatche 43 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 S 16
84. 2016 12 ES ASP ASP Q2 ES ASP 48 15 Q2 60 Q2 Q4 Q2 Q3 BtoB ES BtoB ID
85. 2015 12 ASP 250 100 200 80 150 60 100 0 8 40 1 E14 0 1 168 9 50 a a a 0 9 CI 9 1 0 T lt 0 0 la 0 1 le A 1 1 4 I Lo 0 9 1 50 20 01 03 01 03 01 03 01 03 01 03 01 03 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 mw SR ASP gt 807 12 56 812 gt 293 316 1 270 BtoB BtoB BtoB 1
86. 419 www sharedresearch jD eShat esearche 47 71 R Shared Research Report a a 2492 gt LAST UPDATE 2015 10 13 SR ASP 900 90 800 80 700 600 53 0 53 6 52 4 53 2 52 60 8 1 8 0 493 6 0 7 50 0 49 7 47 7 49 4 48 4 47 8 50 500 46 896 9944 99 494 7 3944 47 5 47 1 6 50 400 40 iit MM UI FY12 09 FY12 10 FY12 11 FY12 12 3 FY12 14 FY12 15 we SR ASP 214 27 1 209 76 67 4 52 2013 2014
87. ASP 3 000 24 2 500 18 1 20 MA 16 5 9 9 0 6 15 2 000 4 16 8 l3 3 3 4 12 11 8 a 1 500 12 1 000 PE NE 8 91 4 i 9 500 1 4 0 0 01 03 Q1 Q3 Q1 Q3 FY12 09 FY12 10 i 0 FY12 13 ASP YOY SR A S P 758 10 6 754 382 16 7 372 2015 12 1 1 2 64 3
88. ASP ASP ASP J 13 9 3 785 5 2013 12 21 2 1 306 4 2 1 663 25 6 815 26 4 815 114 2 2 496 www sharedresearch jD Shared eseatche 60 71 R Sha
89. BtoB ES 2015 12 ASP ASP BtoB 2016 BtoB ES 2015 12 ASP ASP BtoB BtoB BtoB Eg 2015 2 ASP BtoB ASP sSHharedW amp SeseafcH 31 71 www sharedresearch jD R Shared Research Report 2492 LAST UPDATE 2015 10 13
90. LAST UPDATE 2015 10 13 ASP ASP 2 945 9 ASP 2 269 59 SR 2014 12 2015 7 18 000 1 300 RN 6 Y Na im a ASP ASP Web BtoB 30 000 1ID 800
91. BtoB 2016 ES 2016 ES EMP E Mobile Place amp SNS Social Networking Service BtoB 2015 ASP ASP ASP 1 2015 ASP ASP 2014 10 BtoB BtoB BtoB
92. 1 000 15 000 SaaS 5 000 100 5 000 1 2 000 BtoB 2014 4 SaaS SaaS 2014 6 FOODS Info Mart 2014 100 www sharedresearch jD Shared eSeafCh 37 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 2014 6 1 9 IT
93. 2008 3 FOODS ASP 2009 5 8 Infomart Beijing Consulting Limited Company 11 ASP 2010 1 2011 3 BEAUTY Info Mart MEDICAL Info Mart 12 ASP for 2012 3 CO2 ECO Mar 2013 1 ASP 8 9 WORLD FOODS Navi 2014 2 BtoB F Marketing www sharedresearch jD 4 FOODS Info Mart 4
94. 68 amp 68 68 68 68
95. ASP ASP 10 ASP 900 90 800 80 SR 700 gt 70 600 53 0 53 6 53 2 52 60 50 7 0 500 68 oe449 27 4 48 1 47 3 48 0 43 6 47 5 47 196 50 0 49 7 dl 49 4 48 4 8 m 0 485 400 40 5 5 300 1 Li 30 200 20 0 0 03 03 Q3 Q3 Q3 3 Q3 i i 0 a FY12 14 FY12 15 WWmww 300 1 800 S A lt 250 9 lh rs 1 500 lt in 200 1 200 lt N 9 150 a 8 900 10
96. www sharedresearch jD Shared ese atche 48 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 ASP 250 100 200 80 150 60 100 35 33 9 5 40 1 PT 9 16 8 9 14l0 50 6 5 0 B B 8 o 11 p913 5 10 4 20 Bo 11 i ko hal TK lo io pp NE TE 0 2g 0 9 11 1 50 20 01 03 01 03 01 03 01 03 Q1 Q3 01 03 01 03 FY12 09 FY12 10 FY12 1 1 FY12 12 FY12 13 FY12 14 FY12 15 w SR 314 13 6 325 60 15 096 59 2015 12 ASP ASP ES BtoB
97. 1 296 10 300 000 lt 1 000 000 30 000 25 000 Si Web BtoB Ag 252 35 000 1 000 gt 25 000 300 000 50 000 ASP Web 10 000 500 300 000 30 000 IT 30 000 ID 1 2 280 000 lt a BtoB 25 000 ID 1 200 000 5 caaor ss PEN 1 3 0 196 100 ES e
98. 2 Q 6 2 512 88 20 8 BtoB 2015 4 BtoB ASP
99. www sharedresearch jD Shared eseatche 61 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2012 7 2013 12 2012 12 4 100 2012 12 465 7 878 107 SR ASP
100. a 150 60 96 I Em 32 _ 100 22 19j5 25 23 9 27 2 ll 40 50 i 20 3i9 4 09 34 0 FF 0 50 1 20 100 40 01 03 01 03 01 03 01 03 01 03 01 03 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 Wmwmw 800 400 000 700 600 300 000 Leo 157 0 400 134 400 200 000 296 5 300 300 97 200 424 200 100 000 308 100 100 199 0 0 0 Q4 Q4 Q1 Q2 Q3 Q4 0 FY12 15 2 D PW ID PW SR Www sharedresearch jp Shared ese atche 12 71 2492 R Shared Research Report gt LAST UPDATE 2015 10 13 2015 12 FY12 13 FY12 14 FY12 15 Palw 2 066 2 273 4 339 2 364 2 615 4 980 2 714 3 234 5 948 ASP 1 258 1 373 2 631 1 401 1 544 2 945 1 591 1 744 3 313 ASP 271 315 586 349 393 742 455 526 977 ES 503 549 1 052 564 637 1 201 624 830 1 539 56 56 112 67
101. amp 2013 10 2013 10 31 2013 12 31 1 2 10 MI 16 77 THE SFP VALUE REALIZATION MASTER FUND LIMITED 13 44 6 38 3 68 STATE TRUST BANK AND TRUST COMPANY 3 53 3 11 UFJ 2 63 2 63 STATE TRUST BANK AND TRUST COMPANY 2 60 MSIP CLIENT SECURITIES 2 43 SR 2014 12 31 50 1965 1984 1995 1998 www sharedres
102. 2016 16 2014 12 13 6 16 5 40 000 37Tg0 20 34 202 31 479 30 000 15 25 735 AM 12 0 22 324 y oe 20240 em 5 1 3 0 20 000 17033 ME 10 14 164 0960 11179 BN po 237 Ler 10 000 74164 OE oied 8 5 3 3 17 692 0 4 381 IS 5 3 229 3938 8 L4135 303 625 1 125 E 3784 5 809 0 153 320 __ 550 R63 2055 0 FY12 98 FY12 00 FY12 02 FY12 04 FY12 06 FY12 08 FY12 10 FY12 12 FY12 14 SR Www sharedresearch jp Shared eSeafCh 23 71 R Shared Research Report 2492
103. SR www sharedresearch jD Shared eseatche 44 71 R Shared Research Report yr a 2492 LAST UPDATE 2015 10 13 B to BB www sharedresearch jD Shared eSeafCh 45 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 12 1 2015 4 30 1 310 13 2 1 314 512 20 8 478
104. 8096 ASP 335 24 7 123 259 ASP BEAUTY Info Mart MEDICAL Info Mart 2013 12 231 204 458 124 4 2014 12 900 639 272 73 75 2 50 81 Foods Info Rise
105. 1 009 888 978 1 223 1 408 1 069 352 387 381 303 322 340 365 445 548 852 1 038 682 54 56 49 69 48 46 239 YoY 12 0 10 1 25 1 15 1 24 19 10 0 1 6 20 596 6 596 5 696 4 196 12 496 39 6 30 496 2 996 34 396 29 396 29 696 32 796 33 096 21 996 12 0 12 896 11 59 8 196 696 7 0 12 49 14 7 16 6 22 8 24 396 14 0 SR 2009 12 2010 12 FOODS Info Mart 2014 12 BtoB 2 BtoB BtoB amp
106. 2013 1 17 Ce ASP ASP ASP ASP ASP
107. ASP BtoB R 2 DB I I T T be ii i N 2 207 7 011 186 24 260 IT
108. FOODS Info Mart ASP ASP FOODS Info Mart ASP www sharedresearch jD Shared eSeafCh 38 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 Pjg 2 945 3 043 3 324 3 785 4 339 4 980 2 941 3 032 3 307 3 741 4 269 4 887 4 11 17 43 70 92 1 012 974 1 079 1 306 1 490 1 145 1 009 888 978 1 223 1 408 1 069 365 445 548 852 1 038 682 352 367 381 303 322 340
109. SR ASP 3 000 24 2 500 18 1 20 16 7 Pe 1 16 16 8 a oe 1 6 9 2 000 od 9 6 16 1 8 0 1 so 1 500 12 i 2 622 1 000 8 8 4 1 9 1 4 0 0 Q3 15 3 15 9 01 03 01 03 01 Q3 01 03 FY12 09 FY12 10 FY12 11 i FY12 14 ASP YOY SR ASP gt 742 26 7 737 gt 222 308 3 181 2013 2014 7 2014 9
110. 26 590 98 3 185 996 54 690 65 590 56 2 37 1 45 5 78 7 71 3 ASP 69 0 59 99 44 3 52 3 80 5 ASP 0 4 40 9 19 4 30 8 75 0 562 714 691 593 531 618 719 YoY 2 52 14 296 10 496 16 496 16 396 5 168 2U1 248 5 32 378 ASP 239 13 11 70 293 ASP 407 R2O0 259 123 34 YoY 3 189 6 19 2 23 5 79 0 27 296 15 796 ASP 42 796 JILSM 514 2 316 1 ASP 0 5 20 2 23 096 26 76 5 096 27 2 24 6 ASP 30 2 19 596 1 7 9 8 36 390 ASP 966 7 194 9 a 6 696 8 6 ASP 1 264 1 149 1 096 1 026 1 006 2 341 2 032 1 899 2 024 2 159 2 207 2 501 2 584 3 654 6 540 6 753 7 011 YoY 0 4 6 6 4 1 90 509 3133 125 135 48 83 1 070 2 886 213 258 ASP 28 176 28 398 553 99 132 150 172 186 4 739 12 384 17 946 22 36 24 260 YoY 536 1 63 2 38 9 38 9 33 18 22 14 645 5 562 4 421 1 893 SR
111. ASP ASP BtoB BtoB 0Q2 424 116 157 23 581 139 ES BtoB ASP BtoB 350 140 300 120 250 100 200 80
112. Infomart International Ltd ETONG ETONG 100 BtoB SaaS SaaS ASP SaaS ASP 2011 7 SaaS 2 000 25 000 SaaS
113. 2014 12 38 2 553 2011 12 FOODS Info Mart BEAUTY Info Mart MEDICAL Info Mart ASP Beauty Info Mart BEAUTY Info Mart
114. 34 122 272 Web 150 000 2014 12 24 260 2013 12 2014 9 150 000
115. 63 64 65 66 66
116. FAX FOODS Info Mart www sharedresearch jD Shared eseatche 35 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 Medical Info Mart MEDICAL Info Mart FOODS Info Mart ASP
117. ASP ES BtoB BtoB 2016 ES 2015 a ASP BtoB BtoB BtoB www sharedresearch jD sShared eS afCH 11 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 BtoB 02 BtoB
118. SR tie FY12 10 FY12 11 318 362 61 7 14 1 217 263 76 8 21 1 68 4 72 6 163 229 24 9 40 29 54 35 806 0 56 300 17 1 95 459 26 7 329 25 1 71 7 284 24 39 45 30 0 9 8 2016 ES ES 2016 BtoB 1 BtoB Oo 2014 12 BtoB CE Www sharedresearch jp IT ASP NR A NN CT Shared ASP eSeafch 586 27 59 403 22 396 68 89 348 56 54 21 1 9 3 742 26 7 605 50 1 81 5 383 9 8 222 308 3 29 990 ASP BtoB ASP BtoB
119. FOODS Info Mart 6 e 2000 7 JF FOODS Info Mart 10 1 8058 UFJ ICG 11 2001 6 7 JSSA FOODS Info Mart NSAJ FOODS Info Mart 7 The business mall 2002 9 2003 2 ASP 2005 4 FOODS 2006 8
120. HD DIC TOKAL KLab
121. I 1 1 T T ia 2 207 7 011 186 24 260 IT IT 30 000 ID 25 000 ID 23 000 ID 10 000 ID 5 000 ID gt 100 ID gt 3 0 19 3 1 300 1ID gt 100
122. ASP 14 79 4 339 5 2013 12 34 39 1 095 www sharedresearch jD Shared eSeafCh 58 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 4 388 997 5 9 9 89 BtoB
123. gt 50 40 30 5 000 100 000 280 000 280 000 200 000 SR 2014 12 2014 12 2015 2 13 2014 12 ASP ASP 4 a 12 5 www sharedresearch jD Shared 4 980 14 8 5 212 gt 1 945 77 7 2 035 1 962 77 2 2 026 1 178 86 6 1 214 2 Pe esearch 2009 50 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 AS
124. 1 082 3 000 2011 23 475 30 6 9 142 2012 12 FOODS Info Mart 7 394 10 79 ASP ASP 2012 12 1 2011 12 ASP
125. MK gt 2014 4 30 196 053 1 186 312 11 610 244 24 SaaS 2015 2 gt 3 1 2 3
126. 97 134 157 296 442 581 FOODS Info Mart 25 261 25 867 26 509 27 257 27 772 28 621 29 172 29 919 30 456 30 875 6 730 6 769 6 840 6 945 7 058 7 151 7 198 7 241 7 277 7 244 31 991 32 636 33 349 34 202 34 830 35 772 36 370 37 160 37 733 38 119 5 212 4 319 3 288 7 3 2 839 3 136 3 021 2 958 2 903 2 347 SR www sharedresearch jD Sharedd eSeafch 07 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 12 2 2015 7 31 1 600 90 1 400 80 Z 3 0 1 200 1 000 60 43 50 800 14 2380 3 40 600 EP 2 75 26B 27 23 7 23 2 23 9 2318 2486 209 30 400 20 0 17 170 168 175 19 17 9 190 20 HH wa 01 03 01 03 01 03 01 03 01 03 01 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 EE Wmmw
127. BtoB BtoB BtoB ES 2014 10 2015 2 6 374 202 865 ID 2 ASP 1 458 2014 12 ID BtoB ASP ASP BtoB 19 5 5 948
128. a 2012 12 2013 12 2013 12 5 2013 Shared eSeafch 39 71 www sharedresearch jD 2492 R Shared Research Report LAST UPDATE 2015 10 13 2013 12 2014 12
129. 1 300 1D 20 gt 100 1 gt 50 40 30 5 000 100 000 280 000 a 280 000 50 000 200 000 SR 2014 12 SS gt 3 www sharedresearch jD Shared eseatch 18 71 2492 R Shared Research Report gt LAST UPDATE 2015 10 13 2015 12 FOODS CHANNEL
130. 134 37 442 2015 4 24 509 NE 147 305 10 1 ASP
131. LAST UPDATE 2015 10 13 2016 ES 2015 12 4 ASP ASP 2 FOODS Info Mart ASP ASP 2015 12 ASP ASP ASP ASP ES 2015 12 ES 2016 ES 2015 ASP ASP BtoB BtoB BtoB
132. 2492 LAST UPDATE 2015 10 13 mm 6 4 Pclgb Ql 1 006 1 110 1 163 1 207 YoY 14 9 15 5 14 9 13 6 15 1 13 8 679 718 742 710 886 924 YoY 21 6 21 0 17 7 2 1 30 5 28 8 67 5 67 7 66 9 61 1 76 6 76 6 432 434 442 447 463 507 YoY 7 6 3 5 3 1 7 9 7 2 16 8 42 9 40 9 39 8 38 4 40 0 42 0 247 284 300 263 424 418 YoY 57 3 62 9 48 5 6 5 71 3 47 1 24 6 26 8 27 1 22 6 36 6 34 6 253 286 297 270 419 415 YoY 58 8 69 1 50 0 6 4 65 7 44 8 25 2 27 0 26 8 23 2 36 2 34 4 155 167 177 133 244 260 YoY 69 0 88 5 278 2 50 8 56 9 55 9 15 4 15 7 15 9 11 4 21 0 21 5 mm ou a el 1 006 1 060 1 110 1 163 1 207 ASP 613 645 671 702 685 716 ASP 131 140 154 161 169 180 ES 245 259 269 280 277 288 21 34 26 30 38 29 YoY 14 9 15 5 14 9 13 6 15 1 13 8 ASP 11 9 12 4 12 1 11 1 11 7 11 0 ASP 27 3 27 2 29 0 26 6 28 8 29 0 ES 12 1 14 3 13 7 12 6 13 1 11 1 163 9 212 7 68 8 32 1 76 7 14 8 679 718 742 710 886 924 ASP 481 511 516 468 524 547
133. BUOB 2 40 30 100 IT 23 000 ID 3 4 280 000 gt 10 000 ID 4 50 000 lt 5 000 ID 3 5 000 100 000 50 BtoB 50 25 000 1 000 50 000 1 001 2 000 100 000 ES BtoB gt 50 50 000 gt 100 150 000 101 gt 300 000 BtoB 5 000 100 101 lt 1 000 40 1 001
134. BtoB FOODS Info Mart 4 331 28 9 1 475 119 BtoB 195 17 2 3 ASP 2 1 76 49 71 79 ERR 12 346 ASP BtoB oj
135. 2012 4 1 1 7 178 171 EC 1 4 0 5 17 596 16 1 FOODS Info Mart 2013 12 2 723 34 202 2012 5 744 31 479 16 6 8 618 2012 16 7 7 394 2013 1 8 12 49 2010 1 0 2011 1 2 2012 1 4 2013 1 8 1 2 3
136. 1 6 2014 12 292 357 5 762 746 404 30 000 25 000 35 000 1 000 25 000 30 5 www sharedresearch jD Shared eSeafCh 29 71 R Shared Research Report 2492 LAST UPDATE 2015 10 13 ASP sx a Fr E FF
137. 2 3 www sharedresearch jD eshared eseatch 14 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 1 8 75 2 FY12 09 FY12 10 FY12 11 FY12 12 1 012 974 1 079 1 306 1 490 1 145 1 475 352 387 381 303 351 354 473 365 445 48 652 1 076 722 9 295 142 150 152 63 69 85 34 4 32 0 32 4 34 5 34 3 23 0 24 8 202275 11 9 12 7 11 5 8 0 8 1 7 1 8 0 12 4 14 6 16 5 2215 24 8 14 5 15 4 10 0 4 7 4 5 4 0 1 5 1 4 1 4 YoY 38 104 228 184 346 330 aa 2002 2 35 6 78 48 3 119 80 103 304 224 354 195 153 8 2 89 6 16 SR 15 9 2 190
138. 35 000 M 7 000 30 000 8 6 000 o QQ 5 a 25000 8 8 8 R NRN N 5 000 NTT 2 I 4 0000 000 15 000 233 3 000 3 363 021 10 000 2 610 27232 839 30212 9582 903 2 000 2 084 lt 303 2 847 5 000 1 8131 6601 739 1 000 0 0 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 m SR ASP 3 000 30 2 500 25 2 000 18 1 20 1 128 15 i 1 10 5 0 16 105976 gt 6 NE 1 o 1 8 lt 9 2 Q1 Q3 Q1 Q1 03 Q1 Q3 Q1 03 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 ASP YOY 16 7 16 1 a Ne 1 500 NG 89 13 3 _ lt 91 0 1 000 a I 6 1 6 1 41849 4 91 9 500 0 03 01 03 01 03 SR ASP Q2
139. Shared eSeafch 13 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 12 2015 12 We PT BtoB FOODS Info Mart 4 SR 2015 BtoB 2016 ES 2015 ASP ASP BtoB
140. 30 Web 1 gt 1 000 150 000 1 001 300 000 JA 25 000 1 gt 1 ID 500 a 1 800 5 2 200 000 Ea 1 10 000 SaaS 2 000 25 000 a TSaaS 1 000 15 000 Ai 5000 100 5 000 19 2 000 15 000NT 40 000NT BtoB 3 000NT 300NT 11 500NT gt IE SaaS 15 000NT 19 30 000NT SR Www sharedresearch jp
141. 47 2 27 2 20 8 11 3 43 3 43 5 43 7 FY12 15 45 6 5 948 19 5 4 473 16 6 75 2 2 190 15 9 36 8 2 283 17 4 38 4 2 279 16 2 38 3 1 404 19 3 23 6 44 2 45 3 FY12 15 45 6 5 948 48 0 BS 46 5 977 40 6 DY 40 9 157 19 4 12 5 31 7 28 2 17 2 44 2 4 473 47 9 2 488 44 1 809 36 4 1 097 40 2 82 75 2 75 1 82 8 71 3 52 2 43 3 2 283 48 6 1 618 50 0 297 18 1 378 126 1 17 4 9 7 38 4 48 8 30 4 24 6 5 7 BtoB 12 4 www sharedresearch jD Shared eSeafch 06 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 Q2 1 314 1 310 4 1 469 1 404 65 1 540 1 626 5 948 19 4 ASP 754 758 4 816 833 17 851 893 3 313 12 5 ASP 209 214 5 243 240 3 256 270 977 31 7 ES 325 314 11 383 310 73 403 427 1 539 28 2 35 34 1 36 30 6 39 46 157 17 2 995 988 1 071 991 80 1 172 1
142. 511 21 9 477 307 26 3 294 1 600 90 1 400 80 1 200 HH 70 1 000 60 800 TID 40 0 79o 2e 94 la 25 5 23 4268 7 400 7 Du6 eu7 19 6 17B 1909 2j69 30 200 2 10 lp lle le le ll le he Ei le lp FE TE TE 3 Q1 Q3 Q1 Q3 01 03 01 03 01 03 01 03 01 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 SR ASP ASP ASP ASP 1 310 153 13 2 ASP ASP
143. 7 2014 9 2015
144. ASP 2006 10 ASP ASP 2014 12 41
145. 0 4ppt 82 3 1 2ppt 84 0 2 3ppt 83 3 1 8ppt 82 8 1 4ppt ES 71 4 7 6ppt 69 7 9 3ppt 72 2 6 3ppt 71 7 6 2ppt 71 3 7 3ppt 65 4 70 4 66 7 63 9 66 4 517 11 9 55 546 7 9 40 574 32 9 142 555 13 7 67 2 190 15 9 301 ASP 204 4 1 8 216 0 9 2 231 29 1 52 219 9 5 19 870 9 6 76 ASP 118 29 7 27 129 24 0 25 134 52 3 46 131 33 7 33 512 34 0 130 ES 173 17 7 26 179 11 9 19 187 32 6 46 181 9 0 15 719 16 5 102 22 15 4 4 2 5 cl 22 4 3 24 9 1 2 89 9 2 9 478 13 0 55 525 25 9 108 599 9 7 53 682 22 3 124 2 283 17 4 338 ASP 372 13 8 45 369 12 2 40 415 4 8 19 463 10 1 43 1 618 9 7 143 ASP 52 15 6 7 71 73 2 30 80 17 6 12 94 41 5 28 297 33 7 75 ES 59 14 5 10 88 35 4 23 105 6 1 6 126 40 6 36 378 15 7 51 5 70 6 12 3 83 3 15 93 8 15 92 4 12 10 85 4 58 477 13 8 58 524 26 6 110 597 7 4 41 681 19 1 109 2 279 16 2 317 294 21 0 51 322 24 3 63 368 7 0 24 420 27 2 90 1 404 19 2 226 SR 2015 12 ASP ASP ES www sharedresearch jD
146. 121 374 164 202 865 ID 2 www sharedresearch jD 53 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 B D a E _ yy 1 2 CSV gt
147. 5 9 12 2 9 3 24 9 34 4 29 9 32 6 33 1 30 49 ES 6 3 3 7 5 0 24 4 29 7 27 2 10 9 27 8 24 6 540 567 1 107 834 1 128 1 962 991 1 278 2 279 YoY 64 1 16 6 35 8 54 6 98 8 77 2 18 8 13 3 16 2 26 1 25 0 25 5 35 3 43 1 39 4 36 5 39 5 38 3 322 309 631 503 674 1 178 613 788 1 404 YoY 78 6 2 296 27 1 56 49 118 1 86 69 21 8 16 99 19 29 FY12 2015 Q2 6 Pc YoY 1 314 13 6 157 1 469 21 8 263 1 540 21 6 274 1 626 20 6 277 5 948 19 4 968 ASP 754 10 1 69 816 14 1 101 851 14 1 105 893 12 0 96 3 313 12 5 368 ASP 209 24 4 41 243 35 0 63 256 34 0 65 270 34 2 69 977 31 7 235 ES 325 17 8 49 383 33 9 97 403 31 3 96 427 29 9 98 1 539 28 2 338 26 29 7 11 27 6 9 2 30 3 4 1 36 5 1 2 119 11 6 16 995 12 3 109 1 071 15 9 147 1 172 19 8 194 1 236 18 2 190 4 473 16 6 638 ASP 576 9 9 52 585 6 9 38 646 12 2 70 682 9 8 61 2 488 9 7 219 ASP 170 25 0 34 200 37 0 54 215 37 8 59 225 37 2 61 809 33 9 205 ES 232 6 4 14 267 18 1 41 291 20 7 50 306 19 5 50 1 097 16 2 153 17 112 5 9 19 375 0 15 20 300 0 15 23 155 6 14 79 172 4 50 75 7 0 8ppt 72 9 3 7ppt 76 1 1 2ppt 76 0 1 5ppt 75 2 1 8ppt ASP 76 4 0 1ppt 71 7 4 8ppt 75 9 1 3ppt 76 4 1 5ppt 75 1 2 0ppt ASP 81 3
148. 16 3 6 9 2 283 1 618 297 378 10 17 4 9 7 33 7 15 7 38 4 48 8 30 4 24 6 8 4 R Shared Research Report 2492 LAST UPDATE 2015 10 13 ASP ASP FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 1 668 1 881 2 071 2 353 2 631 2 945 3 313 YoY 21 596 12 896 10 1 13 696 11 896 996 12 596 1 221 1 381 1 576 1 844 1 979 2 269 2 488 YoY 13 0 14 1 17 0 390 14 6 9 7 3 290 3 496 76 1 78 4 S296 77 1 91 458 472 532 651 769 794 870 YoY 3 1 12 7 22 390 18 2 3 3 9 5 764 909 1 044 1 194 1 210 1 475 1 618 YoY 19 0 14 9 14 3 1 4 21 8 9 7 45 8 48 3 50 49 50 7 46 0 50 1 48 8 4 952 5 620 6 163 7 126 8 254 9 326 YoY 17 90 5 5 9 790 15 696 15 896 13 096 16 004 18 101 20 408 22 924 25 311 27 814 671 784 906 1 082 1 265 1 458 15 333 17317 19 502 21 842 24 046 26 356 2 338 2 097 2 307 2 516 2 387 2 503 134 113 122 176 183 193 2 204 1 984 2 185 2 340 2 204 2 310 14 584 17 241 19 307 23 053 27 013 30 304 3 054 2 65 2 066 3 46 3 960 3 291 SR
149. 2 3 7 000 8 800 200 000 1 100 000 25 000 100 www sharedresearch jD Shared ese atche 56 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 250 100 200 60 150 me 60 38 100 9 40 224 bp 20 20 149 9 50 6 1 1 Li 9 hl 20 6 130j6 4 0 1 1 0 3 1 50 20 01 03 01 03 01 03 01 03 01 03 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 SR ASP 393 17 6 639
150. 234 887 228 282 232 314 239 046 b 299 061 301 570 302 489 300 381 292 281 291 780 286 065 291 775 298 792 c 677 531 670 705 669 047 668 953 659 707 660 948 640 707 646 253 YOY 0 4 0 7 0 2 0 3 3 5 0 7 2 8 1 8 2 9 0 3 0 8 0 3 0 7 2 7 0 2 2 0 2 0 2 4 2 6 1 0 0 2 0 0 1 4 0 2 1 0 9 a C 36 0 36 6 36 8 36 6 35 9 35 5 35 6 35 9 b c 44 1 45 0 45 2 44 9 44 3 44 1 44 6 45 1 SR BtoB EC BtoB EC 2012 1 4 17 59 2012 a BtoC 9 5 EC 3 196 BtoB 262 1 EC 25 7 TCP IP
151. 4 5 2014 12 ASP 2 631 11 89 1 210 1 4 ASP A ASP 586 27 5 54 21 1 APS
152. 406 353 361 496 631 1 178 1 404 YoY 5 13 1 2 2 37 6 27 1 86 6 19 2 13 8 11 6 10 9 13 1 14 5 23 7 23 6 FY12 09 FY12 10 EPS 7 4 6 3 6 4 8 7 10 9 19 9 23 3 EPS 6 8 5 9 6 1 8 3 10 5 9 9 23 3 DPS 3 8 4 1 4 5 3 7 5 3 9 7 11 8 BPS 41 0 43 1 45 3 49 6 55 1 66 8 SR 2005 12 5 1 5 2013 1 1 1 200 2013 7 1 1 2 2014 1 1 1 2 2015 1 1 1 2 09 12 10 12 11 12 12 12 13 12 3 067 3 445 3 611 3 871 4 388 2 945 3 043 3 324 3 785 4 339 4 0 11 7 7 9 2 2 1 1 721 800 637 568 997 728 606 650 815 1 095 0 9 24 3 2 0 43 5 9 8 720 800 630 559 988 727 605 645 815 1 10
153. 438 438 466 494 1 069 1 180 1 269 1 494 1 867 2 602 204 162 90 35 36 36 81 141 131 24 28 2 373 2 572 2 720 2 890 3 286 4 029 485 539 619 738 875 1 120 0 0 1 000 976 688 520 747 Sal 20 392 68 281 SR ASP 2010 12 2011 12 Foods Info Mart 2013 12 2006 8 2006 9 2006 8 2007 11 2013 12
154. 8 46 5 50 9 54 1 38 6 13 8 11 6 10 9 13 1 14 5 23 7 23 6 ROA 25 7 19 5 16 9 17 9 23 0 36 8 ROE 18 5 15 0 14 4 18 2 20 6 32 3 1 04 0 98 0 87 0 83 0 90 0 93 485 539 619 738 875 1 120 254 1 214 8 169 9 106 5 105 7 135 5 CF 1 27 1 21 1 02 0 99 1 08 1 13 31 5 21 4 0 7 13 6 2 1 7 0 CF 121 2 119 3 52 3 72 6 100 4 113 1 7 15 23 36 43 34 79 4 80 119 137 245 SR www sharedresearch jD Shared eSeafCh 40 71 R Shared Research Report a a 2492 LAST UPDATE 2015 10 13 SW Strengths Weaknesses ON EE 1 ASP
155. ASP 98 90 102 110 136 146 ES 104 119 125 128 219 226 5 2 1 6 8 5 67 5 67 7 66 9 61 19 76 6 76 6 ASP 78 4 79 3 76 9 66 7 76 5 76 4 ASP 74 8 64 5 66 4 68 2 80 6 81 0 ES 42 5 46 0 46 5 45 8 79 2 78 6 23 5 5 8 3 8 20 0 21 3 17 1 247 284 300 263 424 418 ASP 292 319 325 275 328 330 ASP 12 4 16 23 45 42 ES 22 10 Nl 10 71 67 36 23 26 2 18 20 YoY 57 3 62 9 48 5 6 5 1 71 3 47 1 ASP 5 1 11 1 9 1 17 1 12 0 3 5 24 6 26 8 27 1 22 6 36 69 34 6 ASP 47 7 49 4 48 4 39 1 47 8 46 1 ASP 9 0 3 0 10 3 14 0 26 9 23 2 ES 8 9 3 9 4 0 3 4 25 5 23 2 167 5 68 4 98 6 70 6 48 3 66 8 SR 1 267 14 1 979 31 8 77 3 432 2 2 34 1 546 81 9 43 1 556 87 1 43 9 344 94 9 27 2 1 267 746 192 308 30 14 1 11 2 24 9 14 4 13 1 979 576 156 241 6 77 3 77 2 61 3 78 3 20 1 546 397 69 100 18 81 9 22 3 43 1 53 2 35 7 32 4 58
156. _ ASP
157. 0 600 NN B 45 48 45 53 55 B55 ME 56 53 50 8 BH 0 300 0 0 Q1 Q3 01 03 01 03 Q1 Q3 01 03 Q1 Q3 Q1 Q3 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 FY12 15 SR ASP 2013 2014 7 2014 9 www sharedresearch jD Shared eseatche 10 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13
158. 0 1 709 496 1 351 39 407 096 167 896 84 696 8 496 SR www sharedresearch jD Shared ese atche 19 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2020 BtoB BtoB ASP FOODS Info Mart BtoB Bto B FOODS Info Mart ON 23 9 046 30 7 1 714
159. 015 10 23 394 200 2015 10 23 www sharedresearch jD Shared eseatch 04 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 675 000 2015 10 26 2015 8 7 2015 7 31 2015 12 2 2015 12 2 3 amp www sharedresearch jD Shared eSeafCh 05 71 R Shared Research Report gt
160. 1 23 1 56 296 59 996 40 9 691 3 296 201 137 33 19 296 42 796 23 0 19 596 194 996 FY12 12 929 661 268 6 49 5 696 55 096 345 293 52 29 796 30 296 26 596 37 196 44 396 19 49 593 14 296 248 11 259 23 59 91 6 26 796 1 796 96 696 FY12 13 1 052 717 335 13 296 8 59 6 24 7 479 375 103 38 8 28 2 98 3 45 59 52 3 30 8 531 10 4 52 70 123 79 0 514 2 5 0 9 8 36 696 LAST UPDATE 2015 10 13 FY12 14 1 201 807 393 14 1 12 596 17 696 945 650 295 97 496 73 1 185 9 78 7 80 596 75 0 618 16 4 327 293 34 27 296 316 1 27 296 36 39 8 696 1 097 16 196 71 39 719 16 390 378 15 7 24 69 2492 2014 12 ASP ASP ASP BtoB
161. 1 000 50 000 501 1 000 500 000 1 001 2 000 100 000 1 001 2 000 1 000 000 2 001 2 001 10 0 0 CK gvq TS TEmEETS8ENRN TS KR RKRnRE ElEmiritit gt 2096 OFF 5 000 1 1 000 150 000 100 1001 2 000 300 000 101 1 000 40 2001 1 001 30 5 001 1 10 5 100 I I I I I I I I
162. 174 9 52 5 2 069 2 246 1 381 1 576 217 263 546 490 5 84 7 0 8 5 13 0 14 1 76 8 21 1 1 10 1 68 0 67 6 73 4 76 1 68 4 72 6 65 5 56 2 676 6 497 5 1 463 1 596 472 532 163 229 714 691 114 142 21 3 9 1 3 1 12 7 24 9 40 2 22 7 3 2 222 6 24 5 606 650 909 1 044 54 35 168 201 189 228 16 8 7 3 19 0 14 9 36 3 19 9 19 5 48 3 50 4 17 1 9 5 20 2 23 0 1 709 4 1 351 3 Shared 3 785 4 339 2 353 2 631 459 586 929 1 052 43 70 13 9 14 7 13 6 11 8 26 7 27 5 6 4 13 2 155 3 63 1 2 478 2 849 1 844 1 979 329 403 345 479 40 1 2 10 4 15 0 17 0 7 3 25 1 22 3 29 7 38 8 65 5 65 7 78 4 75 2 71 7 68 8 37 1 45 5 93 5 16 5 1 663 1 754 651 769 284 348 593 531 134 105 4 2 5 5 22 3 18 2 24 3 22 5 14 2 10 4 5 8 21 5 815 1 095 1 194 1 210 45 54 248 52 5 118 25 5 34 3 14 3 1 4 30 0 21 1 21 5 25 2 50 7 46 0 9 8 9 3 26 7 5 0 407 0 167 8 eSeafcHh lt 4 980 2 945 742 1 201 92 14 8 11 9 26 7 14 1 2 56 3 835 2 269 605 945 17 34 6 14 6 50 1 97 4 77 0 77 1 81 5 18 7 18 2 1 890 794 383 618 96 7 7 SS 9 8 16 4 8 9 1 945 1 475 222 327 78 77 7 21 8 308 3 39 1 50 1 29 9 27 2 84 6 16 6 9 7 33 8 16 1 369 8 75 2 75 1 82 8 08 66 4 2 190 670 12 719 89 15 9 9 5 33 8
163. 2 39 1 38 4 727 605 645 815 1 107 1 962 2 279 16 8 6 6 26 4 35 8 77 2 16 2 24 7 19 9 19 4 21 5 25 5 39 4 38 3 406 353 361 496 631 1 178 1 404 13 1 2 2 37 6 27 1 86 6 19 2 13 8 11 6 10 9 13 1 14 5 23 7 23 6 EPS 7 4 6 3 6 4 9 7 10 9 19 9 23 3 EPS 6 8 5 9 6 1 8 3 10 5 9 9 23 3 DPS 3 8 4 1 4 5 3 7 5 3 9 7 11 8 BPS 41 0 43 1 45 3 49 6 55 1 66 8 o Pej 747 551 1 020 584 620 801 1 558 1 360 1 910 1 564 1 786 2 233 25 36 42 51 45 37 156 66 94 202 307 200 1 247 1 744 2 386 2 840 2 849 3 221 2 986 3 205 4 431 4 657 4 988 5 690 189 174 177 148 160 157 0 0 424 688 688 520 613 633 1 124 1 468 1 689 1 647 0 0 576 288 0 0 0 0 587 299 13 13 613 633 1 711 1 767 1 702 1 661 2 373 2 572 2 720 2 890 3 286 4 029 0 0 1 000 976 688 520 pp WW WW WW 743 755 895 1 284 1 710 1 878 655
164. 2 269 2 533 2 294 YoY 10 7 19 8 21 5 11 6 DS 728 606 650 815 1 095 1 945 761 794 878 990 1 213 2 023 34 189 228 175 118 78 24 7 19 9 19 5 21 5 25 2 39 1 25 9 26 2 26 5 26 5 28 4 41 4 SR ASP ASP 2013 12 2012 12 2011 12
165. 236 4 473 16 6 ASP 576 577 1 585 615 30 646 682 2 488 9 7 ASP 170 175 5 200 182 18 215 225 809 33 9 ES 232 220 12 267 179 88 291 306 1 097 16 2 1 7 17 0 20 16 4 21 24 82 173 3 75 7 75 4 0 3ppt 72 9 70 6 2 3ppt 76 1 76 0 75 2 ASP 76 4 76 1 0 3ppt 71 7 73 8 2 1ppt 75 9 76 4 75 1 ASP 81 3 81 6 0 3ppt 82 3 75 7 6 6ppt 84 0 83 3 82 8 ES 71 4 70 0 1 4ppt 69 7 57 7 12 0ppt 72 2 71 7 71 3 48 6 50 1 1 5ppt 55 6 53 0 2 6ppt 53 8 52 2 52 2 517 477 40 546 514 32 574 555 2 190 15 9 ASP 204 195 9 216 211 5 231 219 870 9 6 ASP 118 99 19 129 109 20 134 131 512 34 0 ES 173 160 13 179 170 9 187 181 719 16 5 22 22 0 22 23 1 22 25 91 7 1 478 512 34 525 477 48 599 682 2 283 17 4 ASP 3 72 382 10 369 405 36 415 463 1 618 9 7 ASP 52 76 24 71 72 1 80 94 297 33 7 ES 59 60 1 88 8 80 105 126 378 15 7 5 5 0 3 4 1 0 9 477 511 34 524 480 44 597 681 2 279 16 2 294 307 13 322 305 17 368 420 1 404 19 2 Ql 074 Q3 Q4 Ql Q2 Q3 Q4 Ql Q2 Q3 Q4 ASP 22 242 22 793 23 312 24 046 24 538 25 246 25 718 26 356 26 774 27 195 1 123 1 168 1 221 1 265 1 320 1 375 1 413 1 458 1 514 1 567 23 365 23 961 24 533 25 311 25
166. 6 Q4 Q1 Q2 49 1 310 16 0 1 046 47 3 77 6 488 9 3 36 2 558 111 9 41 4 572 111 6 42 4 330 148 9 24 5 1 349 797 201 329 38 16 0 13 6 24 7 17 5 26 2 1 046 621 164 256 9 77 6 77 9 61 5 77 9 23 7 558 420 66 90 13 111 9 53 1 41 4 52 7 33 0 27 3 34 9 13 2 988 11 5 75 4 477 3 1 36 4 512 20 8 39 0 511 21 9 39 0 307 26 3 23 5 FY12 15 1 310 758 214 314 34 13 2 10 6 27 1 13 6 9 6 988 577 175 220 17 75 4 76 1 81 6 70 0 50 1 512 382 76 60 SD 20 8 16 7 39 0 50 4 35 4 19 1 13 7 1 404 16 3 991 7 2 70 6 514 1 5 36 6 477 14 1 34 0 480 15 7 34 2 305 17 6 21 8 1 404 833 240 310 30 16 3 16 5 33 4 7 8 3 2 991 615 182 179 16 70 6 73 8 75 7 57 7 53 0 477 405 72 8 7 14 1 22 7 34 0 48 6 30 2 2 7 22 2 FY12 15 97 5 2 783 17 7 2 066 14 1 74 2 1 063 9 7 38 2 1 003 19 3 36 0 1 001 20 0 36 0 616 22 5 22 1 95 8 93 2 98 5 99 0 99 5 FY12 15 97 5 2 783 101 3 1 570 100 6 452 88 2 708 90 4 71 17 7 12 1 29 5 25 5 6 2 95 8 2 066 102 7 1 161 96 5 370 80 0 499 89 2 37 74 2 73 9 81 9 70 5 52 1 98 5 1 003 106 2 741 120 7 123 46 5 147 141 9 8 19 2 12 7 36 0
167. 68 135 64 85 157 YoY 15 2 14 2 14 7 14 4 15 1 14 8 14 8 23 7 19 4 ASP 12 1 11 6 11 8 11 3 12 4 11 9 13 6 13 0 12 5 ASP 27 3 27 7 27 5 28 9 24 8 26 7 30 3 33 8 31 7 ES 13 39 13 1 13 2 12 1 16 0 14 1 10 6 30 4 28 2 192 0 47 196 95 196 20 2 20 1 20 1 4 096 25 3 16 69 670 820 1 490 554 591 1 145 735 826 1 475 1 397 1 452 2 849 1 811 2 025 3 835 1 979 2 408 4 473 YoY 21 3 9 5 15 0 29 6 39 4 34 6 9 3 18 9 16 6 67 6 63 9 65 7 76 6 77 4 77 0 72 9 74 5 75 2 865 889 1 754 969 920 1 890 991 1 129 2 190 41 996 39 1 40 496 41 096 35 2 37 9 36 5 34 9 36 8 531 564 1 095 841 1 104 1 945 988 1 281 2 283 ASP 611 599 1 210 657 817 1 475 787 878 1 618 ASP 16 38 54 87 135 148 174 297 ES 32 20 52 137 189 327 68 231 378 59 47 106 38 31 68 11 1 9 YoY 60 3 16 5 34 3 58 496 95 9 77 7 17 5 16 0 17 4 ASP 8 2 4 7 1 4 7 6 36 4 21 8 19 7 7 4 9 7 ASP 15 4 23 7 21 1 445 9 251 2 308 3 70 5 28 9 33 7 ES 78 8 79 2 79 0 533 096 1 030 2 727 2 50 3 22 0 15 7 25 7 24 896 25 2 35 6 42 296 39 1 36 4 39 6 38 4 ASP 48 6 43 7 46 0 46 9 52 9 50 1 49 5 50 3 48 8 ASP
168. 7 1 0 24 3 2 4 45 9 12 0 417 463 355 327 594 406 353 361 496 631 2 5 23 7 1 6 51 8 6 2 SR 2010 12 ASP 2012 12 ASP
169. 7 73 772 73 521 70 980 70 466 68 485 69 694 71 714 FOODS Info Mart 1 324 2 430 3 410 4 201 4 952 5 647 6 335 7 394 8 618 YoY 119 2 83 5 40 3 23 2 17 9 14 0 12 2 16 7 16 6 16 7 1 8 3 3 4 6 5 7 7 0 8 0 9 3 10 6 12 0 11 179 14 164 17 033 18 382 20 240 22 324 25 735 31 479 34 202 YoY 49 8 26 7 20 3 7 9 10 1 10 3 15 3 22 3 8 7 13 1 SR 2013 2 9 1998 2006 2007 2013 2 9 2012 2011 2 23 9 046 2010 2011 2012 2005 2006 2007 2008 2009 PA 2011 2012 2013 a 243 903 245 523 245 908 245 068 236 599
170. 79 2 269 2 488 YoY 13 0 14 1 17 0 7 3 14 6 9 7 3 296 3 496 76 1 78 4 75 2 77 1 75 1 458 472 532 651 769 794 870 YoY 3 1 12 796 22 390 18 2 390 9 590 764 909 1 044 1 194 1 210 1 475 1 618 YoY 19 0 14 9 14 396 1 496 21 896 9 796 45 8 48 3 50 4 50 7 46 0 50 1 48 8 SR ASP ASP ASP 4 2506 iA 2013 2014 7 2014 9
171. 858 26 621 27 131 27 814 28 288 28 762 2 423 2 2 3112 2 387 2 493 2 660 2 598 2 503 2 430 2 141 24 028 24 824 26 032 27 013 27 718 28 617 29 103 30 304 31 220 32 228 3 972 3 955 4 095 3 960 3 690 3 793 3 071 3 291 3 502 3 611 ASP 1 860 1 988 2 119 2 287 2 071 2 241 2 391 2 622 2 395 2 802 15 9 16 5 16 8 14 3 11 3 12 7 12 8 14 6 15 6 25 0 ASP 4 755 4 894 5 155 5 255 5 353 5 608 5 862 6 119 6 303 6 391 389 416 465 51 7 541 580 612 649 718 781 5 144 5 310 5 620 5 772 5 894 6 188 6 474 6 768 7 021 7 172 648 644 689 723 750 878 854 996 1 127 984 ASP 2 091 2 122 2 179 2 159 2 175 2 172 2 184 2 207 2 205 2 148 6 567 6 606 6 657 6 753 6 862 6 943 6 983 7 011 7 007 6 964 8 658 8 728 8 836 8 912 9 037 9 115 9 167 9 218 9 212 9 112 2 609 1 997 908 348 379 387 331 306 175 3 ASP 156 163 169 1 72 175 179 180 186 194 193 18 828 20 606 21 438 22 367 22 785 24 489 25 273 24 260 21 445 21 962 ASP 81 97 105 117 105 128 154 164 ASP 199 308 424
172. 888 1 311 1 482 1 186 1 145 113 53 892 241 491 555 ROA 25 7 19 5 16 9 17 9 23 0 36 8 ROE 18 5 15 0 14 4 18 2 20 6 32 3 76 8 75 9 58 4 61 5 65 3 70 8 SR www sharedresearch jD Shared eSeafCh 03 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2015 10 13 10 5 2015 10 5
173. LAST UPDATE 2015 10 13 2492 Research Report by Shared Research Inc sr_inquiries sharedresearch jp R Shared Research Report 2492 LAST UPDATE 2015 10 13
174. P ASP ASP ASP 17 6 156 1 600 90 1 400 80 1 200 1 000 60 40 30 600 27 7 00 7 23 2 23 9 25 5 200 175 17 16 8 17 5 13 17 5 19 08 400 17 16 2096 I a Q3 Q1 Q3 Q1 Q3 Q1 Q3 01 03 01 FY12 09 FY12 10 FY12 11 FY12 12 FY12 13 FY12 14 m ew 0 6 2 268 27 596 SR ASP ASP 4 980 641 14 8
175. Sharedd eSeafch 24 71 R Shared Research Report gt LAST UPDATE 2015 10 13 FY12 14 2492 ASP ASP ES YOY ASP ASP ES ASP ASP ES YOY ASP ASP ES ASP ASP ES ASP ASP ES YOY ASP ASP ES ASP ASP ES YOY ASP ASP ES ASP ASP ES SR Www sharedresearch jp 2 945 1 668 196 1 077 14 6 2 54 7 0 8 1 934 1 221 123 588 17 0 65 6 73 2 62 6 54 6 36 4 1 206 458 131 62 35 21 4 728 764 8 34 10 4 24 7 45 8 3 9 0 5 843 4 3 043 3 324 1 881 2 071 318 362 833 873 11 3 3 9 2 12 8 10 1 61 7 14 1 22 6 4 8
176. earch jD Shared eseatche 68 71 R Shared Research Report 2492 gt LAST UPDATE 2015 10 13 2 www sharedresearch jD Shared eseatch 69 71 R Shared Research Report gt 03 5776 1147 1998 2 13 HP http www infomart co jp index asp IR IR ir infomart CO jD www sharedresearch jD Shared 2492 LAST UPDATE 2015 10 13 105 0012 1 16 3 116 2006 8 8 12 IR http www infomart co jp ir press index asD IR 03 57 IT10 esearch 70771 R Shared Research Report SR
177. ed eseatch 52 71 R Shared Research Report a a 2492 gt LAST UPDATE 2015 10 13 9 400 9 806 ASP ASP ASP 24 3 000 20 4 2 500 a 20 2 ee bs 2 pm 160 1 2 000 Ns cy 13 8 s4 2 6_ 16 0 1 500 3 12 2 6 5 1 000 lt 8 lt 5 2 8 1 5 1 1 6 1 6 8 5 1 2 1 9 500 12 496 0 0 01 03 01 03 01 03 03 01 03 FY12 09 FY12 10 FY12 11 FY12 13 YOY SR BtoB 2014 10 BtoB
178. nfo Rise 41 5 2 64 29 56 23 29 56 Saas 4 3 2 10 2 J 4 SaaS 6 3 1 4 1 2 2013 12 2014 2 14 2013 12 ASP
179. red Research Report 2492 gt LAST UPDATE 2015 10 13 2012 10 31 10 45 126 ASP ASP 2011 12 5 744 31 479 ASP 1 2
180. ww sharedresearch jD Shared eseatche 66 71 2492 R Shared Research Report gt LAST UPDATE 2015 10 13 2005 FOODS ASP 2006 2009 2009 2011 1998 2 B to B
Download Pdf Manuals
Related Search
Related Contents
ALT-Chat Full Operation Manual Manuale d`istruzioni Manuale d`istruzioni Keynote 09 Basics User Manual Lenmar Enterprises Wave6600 User's Manual Copyright © All rights reserved.
Failed to retrieve file