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1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               RTB  Real Time Bidding                                                                                                                                                                                                                                                                                                                                                                                                2013     7           RTB                                                                                                                                                                                                                                
2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    RTB  Real Time Bidding                                                                                1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      9                                                                                                                                                  2014     4             3                                                    15 382                                 0 5                               908                   58 2                               836                                 186 6                                       167                             198                                                                                          SiLK VISION 2016                                  2016     4                                  26 000              2014     4             30 0                           2 600                   119 2                                                                                                                                SR                                  
4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  SEO  Search Engine Optimization                                                                                                                                                                                                                                                                                SEM  Search Engine Marketing            SEO                                                                                                                                                                                                                                                                                                                                                                                                                                                          API   Application Programming Interface            OS                                                                                                  
5.                                                                                                                                                                                                                                                                                                                                                                                                                                                            IDC                                                                                                                                                                                                                                                                                                                                                                                                                                                                              VDC  Virtual Data Center                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
6.                                                                                                                                                                                                                                                                                                                                                                                                                                                1     4689                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Google     Yahoo  Japan     API   Application Programming Interface                                                                                                                                     
7.                                                                                                                                                                                                                                                                                                                                                                                                                                                Web                                                                                                                                                                                                                                                                                                                                        SiLK VISION 2010                                                                                                                         esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                              3843  SR Research Report  2014 4 23                                                                                              DTI                             ISP                                                                SiLK VISION 2013                                                                    Smart Infra                            M amp A                                                                                      MVNO                      
8.                                                                                                                                                                                                                                                                                                                                                                                                                              DSP  Demand Side Platform                                                                                                                                                                                                 DSP                                                                                                                                                                                                                                                                                                                                                                          s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23                             SSP  Suply Side Platform                                                                                                                                                                                                                                       Web                      
9.                                                                                                                                                                                                                                                                                                                                                                            9                                                                                                                                                                                                                                                                                                                                                                                                                     DNA                                                                                                       ServersMan SIM LTE                                                                                                                                                                                                                                                                                                                                                                                                                                         Weaknesses                                                                                                                                                                            
10.                                                                                                                                                                                                                                                                                                                                             SR Inc                                                                                                                                                                                                                                                          SR Inc                                                                                                                                                                                                                            Shared Research                                                                                             SR  Inc                                                                                                                                                                                                                                                                                                                           SR Inc                                          SR Inc                                                                                                                                                                                                          
11.                                                                                                                                                                                                                                                                       M amp A                                                                                                                                         33 29                     136 19                                                                                      3 7                              2013     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   2013                                                                                                                                                                                                          w  es    a T FF  sShared Wesearch   http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved        
12.                                                                                                                                                                                                                                                    L2                     2                                  2                                                     IP                                       MVNO                                              3                                                                                       2                                       ISO                                                                                                                                                              OSI     Open Systems Interconnection                                                                                                                                                     7                           2                                                    3                                      Xi                         NTT                              LTE                                                                                                                                                 LTE   Long Term Evolution             3         3G                                                                               4         4G                                             3 9G         3 9                                       4G         
13.                                                                                                                                                                                                          3                                                                                                                                                                                                                                                                                 SW  Strengths  Weaknesses                                          Shared                            3843     SR Research Report       2014 4 23                                                     09     4         10     4         11     4         12     4         13     4         14     4                                                                                        10 767 14 709 23 180 21 004 20 660 20 000              33 4  36 6  57 6   9 4   1 6   3 2                     4 517 5 253 8 442 6 915 7 506              56 4  16 3  60 7   18 1  8 5                         42 0  35 7  36 4  32 9  36 3                 1 575 407 155 831 935 1 200              84 5   74 1   61 8  433 3  12 5  28 2                     14 6  2 8  0 7  40  4 5  6 0                 1 522 804 185 939 480 1 000              116 6   47 2   76 9  406 4   48 8  108 1                     14 1  5 5  0 8  4 5  2 3  5 0                     1 674 1 022  947 204  185 100              164 8   38 9                                 15 5  6 9   
14.                                                                                                                                                                                 s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w        s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                               3843  SR Research Report  2014 4 23                                                                                                                                                                                                                                                                                                                                               SEM                                                                                                                                           3PAS                                                                                                                    3 PAS         Third Party Ad Serving      3                                                                                                                                                                                                                                                                                 3PAS                                                                         
15.                                                                                                                                                                    ISP                                                                                                                                     MVNO Mobile Virtual Network Operator                                                                                                                                                                                                                                                                                                                                                                                                                             MVNO                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                MVNO                                                                                                                   2002     6                                                           MVNO                                                            
16.                                                                                                                                                                  2014     4             3                          3             11 1                              4 987                                 0 9                              293                    40 9                                300                   566 7                                      117                              40                                                                3                                             15 382                                 0 5                              908                    58 2                                836                   186 69                                      167                              198                                                      3                                                                                  4                              freebit mobile                                                                                                                                      3                                                                                                                   B2C    2013     11                                    2 000                                                                        freebit  mobile                                                                                          
17.                                                                                                                                                   JASDAQ 2461                                                                                                                 PC                                                                                                                        B                                                                          30                    Web                                                                                        SEO                                                                                                                                                SEM                                                                                                              4751      GMO                                    1     9449                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     SEM                                      SEO  Search Engine Optimization                                                            
18.                                                                                                                             2002     12                                                                  2005      6                   Emotion Link                                                                                                                                                                       JSAT                                         1     9412                                                                            1     4733                               2007     3                                                                                          M amp A                                                                             8          DTIT   2009     3                                                                                                                                                                                2010     8                                                                                                                     2011     3                     NTT                                                         MVNO                                                                 YourNet MOBILE                                          4                                                                                                                           aigo                                                           
19.                                                                                                                      MCI                                                                                                                                                                                                                     Plug in Cloud                                                        Cloud QSD                                                                                                                                                                                                                        ServersMan                                                                               CloudQSD                                                                                                                                                     Cloud SD                                  CloudQSD                                                                                                   20                                                                                         2014     3                                                         1                                                           1                                                                                                                        Cloud SD  SD                                                       2015     4                                                   3843  SR Re
20.                                                                                                                      Web            amp                               3843  SR Research Report  2014 4 23                                                                                                                                                                                                                                                                              Web                                                                                                                                                                                    O2O                                                                                                                                                                                                                                                                                                              One                          PandA                                                                                                One                                               PandA                                                                                          One                PC                                                                                                                                                                                                                                                     
21.                                                                                                              2013     9                                        ISP                          YourNet Mobile                                                                    MVNO    Mobile Virtual Network Operator                                  NTT                    1     9437                                       ISP                                         MVNO                                                                                                                              SIM                                                                                                                                                        2013     7         MVNO           YourNet Mobile                               NTT                    L2                        Xi                                                               LTE                  YourNet MVNO Pack                                                           YourNet MVNO Pack            ISP                                                                                                                                                                                                      U NEXT  ISP                     YourNet MVNO Pack  U mobile d                                  680                                                                                                                                          
22.                                                                                                      7 086 7 410 7 615 7 650                          4 6  2 8  0 5                                                                       1 945 1 984 2 290 2 300                          2 0  15 4  0 4                                                                                      1 936 718 157 140                           62 9   78 1   10 8   B2C         4 065 4 515 4 398 4 400                  11 1   2 6  00                                                     4 380 7 194 7 473 7 500              64 2  3 9  0 4   SI         666 514 466                             22 8   9 3                        4 974 398 150 230                         92 0   62 3  53 3                     1 875  1 733  1 872  2 220             10  767 14 709 23 180 21 004 20 660 20 000              33 4  36 6  57 6   9 4   1 6   3 2                 6 249 9 456 14 738 14 088 13 153                    4 517 5 253 8 442 6 915 7 506              56 4  16 3  60 7   18 1  8 5                         42 0  35 7  36 4  32 9  36 3                                        2 942 4 846 8 287 6 085 6 571                               27 3  32 9  35 7  29 0  31 8                 1 575 407 155 831 935 1 200              84 5   74 1   61 8  433 3  12 6  28 2                     14 6  2 8  0 7  40  4 5  60                      9 510 467 420 44                     62 113 438 312 499                1 522 804 185 939 480 1 000
23.                                                                                                   18                                 69 0                                           115                                 183                                                                    B2C                                                                                             DTI                                                                                                                                                          490                150Kbps                                                                                                                    ServersMan SIM LTE                                                                                        IP                         ServersMan 050           MVNO                                                                                                                                                2 413                                  7 79                                          480                                 130 59                                                                                                                             21 29                             DTI                                                                                                                                                                                                                    3 9        
24.                                                                                            DIC                                                                                                                                                                                                                              KLab                                 TOKAI                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
25.                                                                                         1                                                                                gt  SadQeweami   http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                   Shared                        3843  SR Research Report  2014 4 23                            RTB                                                                   1 200       1 0289  1 000    TB                                        877                                         RTB                   BOO0    600    400    00                201 1 e012         e2013         2012         2015         2016                                                                                              2012             1 276                    2015                 1 659                                                                                    SEO           2012         273                    2015                433                                                                                                                                                                2012         534                    2015                1 166                                                                                                                              SiLK VISION                                                                                       SiLK                                    
26.                                                                                        DTI                                                                                                                                             2000                                                                                                                200  7     10                                                                                                                                     2009      6                                                                                                                                                                       IR                              2                                                                                         e  e SadQeweami   http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                           3843  SR Research Report  2014 4 23                            Intel                                           Gordon Moore            1965                                                                                        18 24                                                                                                                                                                              ISP                                                                      ISDN   ADSL            FTTH                                                    
27.                                                                                      GCA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          SBS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
28.                                                                                      SiLK                                                                                                                                                                                           s      Shared GYesearch        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                Shared                            3843                       SR Research Report  2014 4 23                                                                                                                                        Smart Infra                                                                                                                                                                                                                                                                                                                                                                                                                      B2C                                                                                                                                                  2013     4                                                                                                               7 615 940                                                              2 290  40                                            7 473 430                                          
29.                                                                                   NTT                                                                                                                                                                 Web                                 SIM                                                                                                                                          B2C                              SR                                       B2C                                             ServersMan    VPS      ServersMan Diskl                                                                                                                                                                             2159                                                                             s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23                                                                                                                                         SEM  Search  Engine Marketing                                             Web                                                                                                                                                                                                                                                             
30.                                                                         VDC                                               VCPU                                       OFF                                                         UTM   Unified Threat Management                                                                                                                                                                                                             1vCPU  512MB               VDC PRO                                                                 174                                5 250                                                                                                                                     Disaster Recovery                                                                                                                                                                    2014     4                                            Cloud                                                           CloudDisk                                                                                                                                                                                                                                                                                                                                                                                                                                                  10                     20
31.                                                                        VDC  Virtual Data Center                                                                                                                                                                                                                                                                                 3 921                                 4 2                                           300                                 116 0                                                                                                                                                                                                                                                                                                                Demand Side Platform                                                                                    3PAS                                                                                                                                                                                                                                                                                                                                                                                                                                            M2M                                                                          Cloud SD                                                                                  
32.                                                                     2014     4             3                                               a  Shared Wesearch http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved    e                                          3843  SR Research Report  2014 4 23                                                                         13     4         14     4                                 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q                                                         5 274 5 153 5 030 5 203 5 252 5 143 4987   76 9  20 000              55  09   62   60   044  02   09                      1 781 1 884 1 840 2001 1 950 1 982 2 012                64  192  75  27  95  52  99                           338  36 6  36 6  385  37   385  403                 1 628 1 670 1 632 1 640 1 643 1 673 1 720                69  131 93  39  9  02  54                                  309  32 4  324  315  31 3  325  345                    152 214 208 361 306 309 293   75 7  1 200              27  1078          06  1007  4229 409                       29  42  41  69  58  60  59                    113 133 45 189 276 260 300   83 6  1 000               405  153   803  479  144 1  955  566 7                       21  26  09  36  53  5 1  60                     33  125  40 12  64 114 117   167 0  100                       943                                       02      22  23                                              SR               
33.                                                                   2 300                          0 4                            34                          40                                                                                                                                                                                             3                                                                                                                                                                                                                                                                                                                                                7 500                          0 4                            566                   31 4                          http      www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                 3843  SR Research Report  2014 4 23                                                                                                     M2M                                                                          Cloud SD                                                                                                                                                  W                                        140                          10 9                                                230                          296                                                        
34.                                                                2014     4                                                   SiLK VISION 2016                                                                                                                    3                                    MCI         Multi Layer Component  Integration            SiLK VISION 2013                                                                                                                                                                                    3                                                                                                                                                                                                                                          SR                                                                                                                                                                                                                                                      SiLK Experience                                                                                                                  MVNO                                         MCI                            3G LTE                                        MVNO                                                                                              ServersMan SiLK OS                                                   YourNet MVNO Pack                                   
35.                                                            I     3         12     3         13     3         14     3         15     3         16     3         17     3         18     3            10 000    8 000               MM                                                                                   2012                                                                                             1     4324                                                       8 680                     6 629                                2 051                                                         14 7                                                                                                                                           4                                                                                                                                                                                                                                                  1     4307                                                                                    7 3                           2014             9 004        FF  sShared Wesearch   http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved  amp         w  es                                3843     SR Research Report  2014 4 23                                                                                                                                                                 
36.                                                           2014     4                               20 000                          3 2                           1 200                    28 2                          1 000                   108 1                              100                          185                                                                                                                                    EC                                                                       10                                                                                                                                                                                                          MVNO                                                                                                                                                             ISP                                                                                                                                                                                                                                                   ADSL                                                                              7 650                          0 4                            1 020                   8 5                                                                                                                                                                                                              
37.                                                           58 03     Web                                                                         Web                                                                                                                 100                                                                                                                                                                   58 03     Web                                                                         Web                                                                s      Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                                3843     SR Research Report       2014 4 23                                 09     4         10     4         11     4         12     4         13     4           Pl                                                       4 517 5 253 8 442 6 915 7 506                        42 0  35 7  36 4  32 9  36 3                 1 575 407 155 831 935                    14 6  2 8  0 7  4 0  4 5   EBITDA 2 459 1 157 1 447 1 856 2 305  EBITDA               22 8  7 9  6 2  8 8  11 2                                  15 5  6 9      1 0                                             ROA  14 3  6 7      1 0                                     ROE  47 1  16 9      3 2                              0 9 1 0 1 3 1 1 1 1                     132 3 41 5 21 5 24 3 63 5                
38.                                                        1                2 0                                          1                              5 000                                                                  1         500                                    250                                                                                                                                                                                                                                                                                              s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                                   3843  SR Research Report  2014 4 23                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
39.                                                      14     4         15     4         16     4                                       20 000 23 000 26 000                                           7 650                                                               2 300                                                                              140   B2C 4 400                                             7 500              230                 1 200 2 000 2 600                                           1 020                                                               34                                                                               230   B2C 625                                             566               185                                           SR               2015     4                                                                                                                                                      MVNO                                                                                                    1 100                               Shared Gewearch     http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                              Shared Yesearch        http  Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved    e                               3843  SR Research Report  2014 4 23                                                         300                        
40.                                                   http      www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                      3843  SR Research Report  2014 4 23                                                                                                                                                                                    2014     4                                                                                                     freebit mobile                                                                                                                      freebit mobile                                                  BtoC                                                                                                                       freebit mobile                                                             ATELIER                   freebit                         12     7                                   ATLIER            KPI                ATELIER                                                                                                                                      ATELIER                                                                                                                                                                                                                                                                                                             2014     3   
41.                                                1                                                                                                                                                                                                                                                                                                                                                     1                                                                                                                       UTM   Unified Threat Management                                              VPN                                                                                        Web                                                                                                                                                                                                                                                      SDN   Software Defined Network                                                                                              s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                                   3843  SR Research Report  2014 4 23                                                                                                                                                                                                                                                          
42.                                                35 9 9     SI 1 9               0 7       2013     4                                                                                                                                                                                                                                                                                                   2013     7                                       622                              233                               35 5                              3 653           2013     4                                                      3 6 E                            13F                                                                   2007     3     20                    4       TIR             http   www freebit com ir index html  IR                                                              20 411 600      2013     4                            3 045 085          2013     4                                                                                                                                                                                                                                                                                                         UFJ                                                                                                                     lt           Shared Yesearch        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Righ
43.                                              s      Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23    IPv6                                                                                                                   IP  IPv4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           VPN  Virtual Private Network                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
44.                                             2013     9                                                                              5 000        10 000      5                                                           s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23    B2C           B2C                                                                                                                                                                                                                                           2013     4                                                                                                 3 9                             91 7                                          23 1                                      DTI                                                DTI     1995                                     1     6503                                                                                                                                                                                                                                                                                                             DTI                      DTI                       2007     8            ISP                                                                  DTI                                                 
45.                                       SR Inc                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  SR Tnc                                                                                                                      SR tnc                                                                                                                                               http  www sharedresearch jp                                                    Email  info sharedresearch jp                                 3 31 12                      03  5834 8787    s             Shared G8Yesearch        http  Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved         
46.                                      2 000                                                                                                                                                                                      7 000                                                                                 24                                        952                                                                                                                     2 000                                                                                                   EMS                                                                                  PandAl                                                                                                                                                              Phone TABLET       5                                                                                            2                                    1                                                                                                                                                                                                                                                                                                                                                                                                                                                  C     freebit FncA                                   SR                                    
47.                                    157  296  B2C 4 398 598  SI 446 10             150  93              1 871  613      20 660 935                                        SR                                                                                                                                                                                                                                                                 1                                                                                                      2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   9                                                                                                                                                             2012                                                                                       4        1                                  
48.                                    ISP                          MVNO                                                                                                                                                                                                                                       3 824                                  1 6                                                                                MVNO                                                                                                     353                                 27 39                                                         s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23                                                   7 6         MVNO     3 2                                                                                                                 42 5                                                                               4 7                                                                                                                                                                                                                                                                          1 141                                 3 59                                          81                               43                      
49.                              3843  SR Research Report    2014 4 23                                               it  MM                           2013     3                                                FTTH    ADSL    CATV    LTE       BWA                                 5 967                           FTTH                    2012     3                  154 8                 6 9            2 384 8                                                                                                                                                                                                             LTE   BWA                                    FTTH             2014     3            2 505            2018     3                 2 807                                                    3 3                                                                                                  2012     9                                                                                                    LTE                                                                              2014     3             5 335            2018     3             1     1 446                                                                                   2013                 5 0 9                 2018     3                  76 39                                                                                                                                       16 000 80   14 000   12 000 60                  
50.                            freebit mobile     020                                                                                                                     ATELIER                       5                                        2014     4     16                                       SIM                                                                                                                                                                                                                                                                                                           DTI            DTI                                     SIM                  ServersMan SIM LTE                                                                                                                                             iPhone                                                                                                                                                           767                          Android         iPhone                                                                                                                                      2014     3     20                                                  2014     4             3                                                            2014     4             3                                              2014     3     13                     2014     4             3                                         
51.                           1 1                                              412                   59 5                                                        EC                                                                                                                                                                                                                                              W                                                                                                                                                                     3                                  24                                 71 5                                               183                                 274                                                                Cloud    SD                                                                                   4                                                 2014     4             2                                     10 395                                 0 3                              615                                 68 1                                 536                                 117 7                                                                                                                                                                                                                   3 0                                                                                                            
52.                           SR                                                                 2011                    RTB                                                            66                                                                                                                                                                                                        SSP                       RTB                                     DSP                                                                                           2013                                                                                                                     SNS                              RTB                                                                                                                             DSP                                                                      RTB                                                                                        2016                                             25 79      RTB                                                           1 000                                                                         RTB                                                                                                                                                                                                                                                                                                                     
53.                         Hi Bit                           21                                 2013     4                                   ISP                                                          1     9616                                                                                                    DTI     BtoC                                                                                                                                                                                                           NTTPC                                                                                                                                                        1     3774                                       2013     4                                                                                                                                                                                                                    6 4         MVNO     57 6                                          109 6                             s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                                   3843  SR Research Report  2014 4 23    MVNO  2014     3                                                                          10                 SR                                           OEM      ISP                                                                              
54.                      B2C                                           2013     4              DTI                                                                                                                                                                                                                                                    1     3834                                    2013     4                WiMAX                                                                                                                                ServersMan SIM LTE           2013     8                                                                                                                                2013     10                                                                                                                                                                                                   ServersMan SIM LTE         MVNO                             YourNet MVNO Pack            1              NTT                FOMA      3G  Xi      LTE                             150kbps                                           490                    3 150                                                                                                                                                                                                                                                      DTTI                                                                               
55.                     25 3                                          15 09                          s         Shared  Research        http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                              3843  SR Research Report  2014 4 23                                                                                                                                                       169                                                                                                                                              66 59                        78 8                                                                           50                             158                                                                                        3                                                                                                                                                                                                                                                                                                                                                     ASP     MVNO                                    YourNet MVNO Pack                                      3                                                                                                                                                                                            freebit mobile                                  
56.                     SR                                                                                                                                                                                           IT                                                                   3                                                                                                                                                                                                                                                                                                   1 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    SiLK VISION                                       SiLK VISION                                                                                                                                                          Web                                                                                                                                 
57.                    ATELIER                    freebit                       12     7                                                                                                                                        s      Shared 6Qesearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                                 3843  SR Research Report       2014 4 23  2014     4                              14     4                13     4                                                                                                                10 427 10 233 20 660 10 395 9 605 20 000              3 2   6 1   1 6     0 3     6 1     3 2                 6 761 6 392 13 153 6 462                     3 665 3 841 7 506 3 932              12 6  4 9  8 5  7 3                         35 1  37 5  36 3  37 8                                         3 298 3 272 6 570 3 316                                   31 6  32 0  31 8  31 9                 366 569 935 615 585 1 200              47 0     2 2  12 6  68 1  2 8  28 2                     3 5  5 6  4 5  5 9  6 1  6 0                 246 234 480 536 464 1 000                 29 2      60 5      48 8  117 7  98 3  108 1                     2 4  2 3  2 3  5 2  4 8  5 0                       158  27  185 50 50 100                                                                SR                                                                                                                   
58.                 WEB                                                                                        Flash                                                                                                                                                                                                                                                                                                                                                                                                              ICT                                                                                                                                                                                                                                              s      Shared 6Qesearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved      w                               3843     SR Research Report  2014 4 23                                                                                                              150 0044                           03 5459 0522                        2000     5     1       HP  http   www freebit com index html  IR                      IR                                                                                                                29 3 9                                                                  10 2                                                                               0 8      B2C 21 3 9 
59.                SR                                                                                                                                                                                2013     4             1     400                                                      eSsearch      http  Www sharedresearch jp     Copyright  C  2013 Shared Research Inc  All Rights Reserved                                      3843  SR Research Report  2014 4 23                                        2014     4     23                                                                                                             freebit  mobile                                                                                                                                                                                                                                                                                                                                freebit mobile                                                                        3                                 500                            60                                  45                                          1 510                                                                                                                                               5096          150Kbps     200Kbps         250Kbps     300Kbps              PandA Soft 2 0    Cloud                                                                 
60.               116 6   47 2   76 9  406 4   48 8  108 1                     14 1  5 5  08  4 5  2 3  5 0                 34 257 51 50 44                8 42 1 005 407 789                    1 674 1 022  947 204  185 100              164 8   38 9                            15 5  6 9    1 0      0 5                                         SR                                                                                                                                                                             2010     4                                                                                                                                                                                                               jesearch     http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved           Shared1                               3843     SR Research Report                   2014 4 23                                       09     4         10     4         11     4         12     4         13     4          Pig                                                                2 920 4 946 4 095 4 873 4 685            2 222 2 333 3 501 3 298 3 159                       44  48  121  174  263                     57 399 971 190 224                 154 185 235 295 136             2 022 973 1 653 2 318 2 595                       7 331 8 788 10 334 10 800 10 536         241 244 486 369 424         26 26 152 172 334                     53 394 522 47
61.               3 391                       18 9                                                                                                                                                                                                                                                                                                                                                                                   RTB                                                                                                                                                                                                                                    2008     2009     2010     2011         2012                                      6 692 6 5 922 2 5  842 7 5 709 6 5 891 3                     4 7   11 5   1 3   2 3  3 2              1 909 2 1 713 9 1 732 1 1 723 7 1 775 7                     4 4   10 2  1 1   0 5  3 0                 28 5  28 9  29 6  30 2  30 1          827 6 673 9 639 6 599 0 624 2                  12 5   18 6   5 1   6 3  4 2                 12 4  11 4  10 9  10 5  10 6          407 8 303 4 273 3 254 2 255 1                  11 1   25 6   9 9   7 0  04                 6 1  5 1  4 7  4 5  4 3              154 9 137 0 129 9 124 7 124 6                  7 3   11 6   5 2   4 0   0 1                 2 3  2 3  2 2  2 2  2 1                            698 3 706 9 774 7 806 2 868 0                 16 3  1 2  9 6  4 1  7 7                 10 4  11 9  13 3  14 1  14 7           
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