Home
        ベネフィット・ワン(2412)
         Contents
1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1                
2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Shared    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                                 2412  SR Research Report  2014 2 13                                                                                                 
3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          IT                                                                                                                                                                                                                                                                                                                                                 
4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   1     3289                                         JTB                           2013                           CRM                                                                                                                                                                                                                                                                                                                       JV  2002        
5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      SR Inc                                                                                                                                                                                                                                                             SR Inc                                                                                                                                                                                                                                 Shared Researcn                                                              
6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           2012     10     1                 2                                                    Benefit One USA  Inc                                          USA            100                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
7.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              RD                                                                                                                                                                                                                                                                                                   1  Aa             2013     9                                                                                                          SR                                                Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13  
8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            TOKAL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
9.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 N NN    W 21                              1             a                                                                      I F                              1                                                                                                         a                                                           gt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
10.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         2013     11                                                                                                                                                                                                                                                             2014     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
11.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  sh ared hesearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  2005                          2006                                                                                               2012     5                                              2                                                      
12.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    20                    2016     3                                                10           2013     3            7 79                      2021     3                                                209                                     2021     3                                       2013     3          1 737                               10                               30                                            2013     3              134                   20                               50                                  SR                                                                                                                                                               2012     3                                                                                                                                                                                                                                                    
13.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Sh ared Gcsearch         http  Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                   12     3         13     3         14     3                                                    14 959 17 610 22 000                11 356 11 627 11 628             75 9  66 0  52 9                            993 1 512 1 513             6 6  8 6  6 9                       577 892 893             3 9  5 1  4 1   CRM 902 844 845             6 0  4 8  3 8                     682 1 737 1 738             4 6  9 9  7 9                             345 346                 2 0  1 6   BTM 19 52 53             0 1  0 3  0 2          14 66 67             0 1  0 4  0 3                  2 471 2 731 3 100                2 284 2 119 2 120             92 4  77 6  68 4                            125 173
14.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           A                                                                       A                                                       B                      3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1                                             
15.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          2013     12                                                                                                   2013     10                                                                                                     5                                                                                                                       Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                                      2412     SR Research Report  2014 2 13                         09     3         10     3         11     3         12     3         13     3                      14  726 13  791 14 690 14 959 17 610              7 2     6 3  6 5  1 8  17 7                 8 622 7 890 9 069 9 058 10 922                  5 429 4 715 6  037 6 034 6 963                      36 9  34 2  41 1  40 3  39 5                         4 578 4  252 5 627 5 586 6 347                   
16.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                2013     3             2                      2012     10     31                     2013     3             2                                                            2013     3             2                                               8 176                                880                                  876                                        521                                            2012     3             4                                                                                                                                                                                                                                                 15 79                                 18 8                                                                                                                                                               685                    28 59                                                                                           
17.                                                                                                                                                                                                                                                                                                                                                                                                                                                  2012     5         M amp A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 BTM                                                                                                                                                                                                                2014     3             2                                                                                                     
18.                                                                                                                                                                                                                                                                                                                                                                                                                                   2012     7     1                                                                                                                                                                                                                                                                               2013     12                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
19.                                                                                                                                                                                                                                                                                                                                                                                                                               2012     5                                         12                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           1                                          80                                                60                              409                 2013     10                       2013     9 
20.                                                                                                                                                                                                                                                                                                                                                                                                                             http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                                           2013     3                                    5                                 8    CRM                                                                                                                                                                                                                                             CRM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
21.                                                                                                                                                                                                                                                                                                                                                                                                         BTM  Business Travel Management                                                                                                                                                                                                                                                                                                                           2014     3                                                                                                    Fl           Sh aredd esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved   8 58                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                     2                                                             1                                                 4    
22.                                                                                                                                                                                                                                                                                                                                                                                                     2012     4                                                                                                                                                                    1                                 1                                                                   5 000                                        2                                                                                 140                                                                                  e                                                                                                                                     i                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
23.                                                                                                                                                                                                                                                                                                                                                                                                  2008     4                                                                                                                                                                                                                                                                                                                                                                                               5                                2014     3                                          2008              2012                                           2013           2 017                                                                                     2017                                                                                                                      70       459                                                                                                   2017                     2008              259                                                                                                                                                                                            
24.                                                                                                                                                                                                                                                                                                                                                                                                65      2013      9                  1                                                        34                     2013     3                                  44                                                                   Shared    esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13       CRM  Customer Relationship Management              2013     3                                     596                              496     CRM                                                                                                                                                                                                                                                                  Customer Relationship Management                                                                                                                                                                                              CRM                                   147                        
25.                                                                                                                                                                                                                                                                                                                                                                       09     3         10     3         11     3         12     3         13     3                                                      1 102 1 185 1 091 1 131 1 220                 536 522 419 402 442                           174 183 210                     171 115 144 174 204                         232 234 208 177                                  7         6 13                                         9              1 960 1 501 1 291 1 325 1 681  3 769 3 555 3 353 3 429 3 956                                       SR                                                                                                                                                                                                                                                                                                                                                     shared esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                             2         2412  SR Research Report  2014 2 13                                                                                                       
26.                                                                                                                                                                                                                                                                                                                                  3                                                      1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
27.                                                                                                                                                                                                                                                                                                                                 amp                                           OA                                                                                                                                                               amp                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                net                                                                                                                                                                                                                                                                                       
28.                                                                                                                                                                                                                                                                                                                            Web                                                                                                                                                        ESeaFCh      http   Wwww sharedresearch jD     Copyright  C  2013 Shared Research Inc  All Rights Reserved       Shared                                           2412     SR Research Report  2014 2 13       09     3         10     3         11     3         12     3                                                          3 820 4 189 5 579 7 705 3 917                202 202 202 203 203            2 080 2 165 2 301 2  467 3 269                       14  13  17  20                     242 242 231 287 312                  386 504 404 467 428             262 248 267 680 3 566                       6 992 7 536 8 971 11 792 11 675         997 1 000 998 1 059 1 080                           71 153 237 316 380                 611                                           486                 602 602 602 602 715                               562 594 80 465 516                           331 420 17 405 435                              1 760 1 623 1 554 1 587 1 956                       1 332 1 161 823 860 895             205 1
29.                                                                                                                                                                                                                                                                                                                         1976                                                                                                                             1979                                                                       1993                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1999                                                                                                                                                                                                                                                                         1     2181                      2        2012                                                                                                                                                
30.                                                                                                                                                                                                                                                                                                                 1     2168                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              2012     3                                                              2013     3                                                                                                                  
31.                                                                                                                                                                                                                                                                                                                 5 740                                 1 5                           670                   11 3                                                                                                                                                                                                                                                                                                                                                                                     9 9                                                                             646                                 91 4                           73                    98 19                                                                                                                                                                                                                                                                                                                                                                                            25 9                                  38 0                                                                                                              1 130                  
32.                                                                                                                                                                                                                                                                                                         SR                                                                                                                                                                Web                                                                                         Web                                                  Web                                                  2014     3                                76 09                                              Web                                                                                                                                                                                             Web                       100                                                                                                                                            Web                                                    2008     3         2009     3         2010     3         2011     3         2012     3         2013     3         2013     9                 34 90  34 50  40 30  53 60  65 50  69 20  76 0                                       SR                                                                                                           
33.                                                                                                                                                                                                                                                                                                    99                                                                            201 3     12                                                                                                                                                            100                                                                                                            1009                                      Benefit One Asia Pte  Ltd   609                                               Sh aredd esearch    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                       Benefit One Shanghai Inc   100                                 Benefit One USA  Inc   1009                                                                                                                                                       40                                                                                                                                             1     2168                                          54 439                            2013     9                      
34.                                                                                                                                                                                                                                                                                                  Shared    esearch lp http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                    CRM                                                                                                                                                                                                                                                                                  2                                                                                                                                            3                                                              3                                                                                                      4                                                                                                                                                                              
35.                                                                                                                                                                                                                                                                   7                                                                                                                    24                                                    2013     3                                                                                                                                                                                                                                             2014     3                                                                                                                                                                                                                                                                                                                          AR  Augmented  Reality                                                                                                                                                                                                                                                             sh ared hesearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                                        
36.                                                                                                                                                                                                                                                   309                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     SR                                                                                                 209                                                                     25                                  2013     3                                                                                                                                                                                                                                         
37.                                                                                                                                                                                                                            PASONA                                                                                                                                                                              CS                                                          1                 2013                                                                              2001                                           JASDAO                              2003                    1                                     2007     12                                                                                                                SW  Strengths  Weaknesses                     Strengths                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Sh ared Gear         http  Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                      
38.                                                                                                                                                                                                                      2 000                                                                                     40                                                       409                                                                                                                                                                                                                                  2008                                                                                                                                    SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
39.                                                                                                                                                                                                             1 894                             1 366                                                                                                                                                                                 2012     3             3                    2012     1     31                     2012     3             3                                                                                                    2012     3             3                                                                               0 8          10 840                                         11 19          1 620                                        10 4          1 620                                     8 9          927                                    2012     3             2                      2011     10     31                     2012     3             2                                                                                                         Sh aredd esearch    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13       2012     3             2                                                                                     285          2011     
40.                                                                                                                                                                                                         Shared    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                        2008     9                                                                                                                                                                                                                                                                                         315                                                                                                                                  18                 22                                                                                                                                                                                                                           509                            309   
41.                                                                                                                                                                                                      2005     4     2006     4     2007     4     2008     4     2009     4     2010     4     2011     4     2012     4     2013     4                                              126 148 205 244 259 262 279 284 326  CRM         13 45 57 101 148 199 232 239 243                                      12 38 58 78         139 193 263 345 407 473 549 582 647                                        SR                                                                                                                                                                                                                           CRM  Customer Relationship Management                                                                                                                                                BTM  Business Travel  Management                                                                                                                                                                               77                                              8                                                       6                                            3           4                                                                                                                                              
42.                                                                                                                                                                                                    BTM                    23                                 197 8                           11                                                 26                                                  56                                            1                                  12                                                14                    2013     3             1                     2012     8     7                     2013     3             1                                                              3 886                                469                                470                                       281                                               2012     3             4                                                                                                                                                                     13 4                                 27 8                         Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                       2013     3             2                                                                                     
43.                                                                                                                                                                                                  ChungHwa Benefit One Co    Ltd                                                                                         2014     2                                                                                                                                        50                                                                           30                                                                                     35                                           90                                                                   80                                                                                           1 000                                                              3                                                                                                                                         5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
44.                                                                                                                                                                                            2013     10         1     200                                                            Shared  esearch     http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                             2         2412  SR Research Report  2014 2 13                                           2014     2     13                                                                                          2014     3             3                                                                2014     3             3                                              2014     1     29                     2014     3             3                                                                                                 2014     1     27                                                                      3                                                                 amp                                 Ssh ared Gear    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                                                        13     3         14     3         14     3          3Q 2Q 3Q                                          3 886 4 290 4526 4908 4 552 4884 5283 66 9 
45.                                                                                                                                                                                           1                                             esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved         Shared                                                 2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1                                                                                         2013     3                               4                                                                                                                                                                                                                                                                                                                                                        
46.                                                                                                                                                                                       Sh aredd esearch         http  Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 81                           2013     4         78                                                                                                              CRM                                                                                                           150          2013     4          243                                                                                
47.                                                                                                                                                                                 Shared    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                   Shared                                                                                              2412     SR Research Report  2014 2 13                                        09     3         10     3         11     3         12     3         13     3                                                                                   15 624 16 145 15 792 15 652 17 910                       14 726 13 791 14 690 14 959 17 610                                        5 7   14 6   7 0   4 4   1 7                                  2 021 2 431 2 440 2 657 2 800                          2 334 2 345 2 267 2 471 2 731                                       15 5   3 5   7 1   7 0   2 5                                  2 100 2 500 2 500 2 650 2 796                          2 398 2 444 2 342 2 512 2 714                                       14 2   2 2   6 3   5 2   2 9                                  1 209 1 471 1 475 1 564 1 702                          1 301 1 490 1 350 1 447 1 623                                       7 6  1 3   8 5   7 5   4 6                                         SR                                                                                                        
48.                                                                                                                                                                    2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
49.                                                                                                                                                                 400                                                                                                      24           2013     3                                                                                                                                                                                                                                                              SR                                                                                                      2013                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
50.                                                                                                                                                            4        2013     6                 621      549      30 3      5 334           2013     3                 esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved    SR Research Report  2014 2 13                          150 0002                                 3 12 18                                                     2                             2004     9     17                    3       IR             https   bs benefit one co jp BE ONE official to_sha  reholders index html    IR                                                          225          2013     3                           1 522                                                                                                                                                                                       2013     3                                                     UFJ                                                                                                                                              2412     SR Research Report  2014 2 13                                                                                                                                                                                                                                                                            
51.                                                                                                                                                       CRM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           sh ared hesearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                               
52.                                                                                                                                                    Sh aredd esearch    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          USA                                               NA                                                                                                                                                                                                                                                                                                                                                                                                         2013     10                                        
53.                                                                                                                                               10                                                                                                                       2 930                          93 8                            389                    125 3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 4 550              2013     3                 2 600                                                                                       1 267                          42 19                            318                   43 2                                      2014     4         126          2013     4            48                                                                     1     9984                                                                                                                                                                  CRM                     980           
54.                                                                                                                                              Shared WeseaTch http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                       I                                                                                                                                                                        1    LL                1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
55.                                                                                                                                             400                                                                                                                                                                                                                                                                       CRM                                                                                                                               1 000                                                                                                                                                                                                                                                                                                                                                                                                            SR                                                             10                                                                                 5             2018                                        80                                                                                                                                                                                                      2014     3                                                                                                                                     499             
56.                                                                                                                                    2013     3                                                                                            660                                                                                                                                               1 405                                                                                                                                                                                     M amp A                                                                                                                                        2009     3                                                                             Shared    esearch lp http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                                                                                                                                                                                                              09     3         10     3         11     3         12     3         13     3                                                                                  7 0 6 5 6 6 6 3 6 1                                52 1 56 2 55 5 58 2 59 4                     26 4 32 6 38 3 35 0 36 5                             13 
57.                                                                                                                               24                                                                                                                                                                                                                  4                                                    3                                           1                                                                                                                                                                      26                                                                                                         86                             8 000 20 000                                                                                                                                                                                                       68ft                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
58.                                                                                                                               SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            GCA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
59.                                                                                                                              7 39                                                                    469                                 115 0                           11                                                17                  2012     5     31                                                                                                                                                                                                 2012     7                       230                                                                                     2012     9                6                                                                                                                                                                                                                                                                                                                                            176                                 24                2012     3     30                                                                                                                                                                                                                                      2012     7     11               ASP                   Hi VOX qa                                                                                                               
60.                                                                                                                    89                             80                 2013     9                              1                                                                   130             2013     3                                58                                                                                                  80                                                                                                                                                                                                                                                                                                                                              CRM                                                                                                                                                                                        SR                                                                                                                                                         BB                                                               1     9984                         Yahoo  BB                                                                                                          BB                                                   525                                                                                                                        
61.                                                                                                                   3                                                                 Sh aredd esearch    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   SR                                                                                                                                                                                                                                                                                                                                                    JASDAQ4755                                                                                      1     2371                                                                                     1     2440                                                                                                                       
62.                                                                                                             2014     4                                    402          2013     4             326                                                                                 2016                3             100                                          2014     2                  15                                                                2             85                                                            2014     3             2                     2013     10     30                     2014     3             2                                                            9 436                          15 4                           1 025                   16 5                            986                   12 6                               565                   8 5                                                                                                                                                                900                    13 99                                                                                                                                                                                                                                                                                                                                                                  Sh aredd esearch     http   www sharedresearch jp  Copyright  C  20
63.                                                                                                           6                                                                                                                                                                                                                           1 221                          150 8                      7 8                            18                           585 9                      53 8           2012     5                                                                                                                                                                                                                                                                                                                                                                                                                  171                          5 5                      4 9                           31             Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                            15 7                      29 8               IT                                                                                                                                                                                                                                            
64.                                                                                                   30 3                                 4 4                                 5 334                                                                 DOE      5                                                               40                                                                                                                                                                  2014     3                100            2 000                                                                         A     1            2 000                                                                  B     1                                                   Ssh ared Gear    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved            Sh afedi                                                 2412                                                                                                                           03 6892 5200                        1996     3     15        HP    IR                      IR                                                                        N A                                                                                                                                                                                                                                                                                             
65.                                                                                                2 1          2013Towers Watson                                                                                                                                                       6                                                                                                                                                                                     9 8          2013                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1     8876                                                                       1     5261                                                  
66.                                                                                               2013     11                     12 000                           2012     11                                                                                                                                                                                                                                                                                                                                                                              2013     3                                    9                            LE 6                                                                                                                                                                                                                                                                                                                                                        2006      5                                                                                                                                                                                                                                                                                                                                                                                                                                              38billion                      MATRIX USA                                                           
67.                                                                                          1 5                    SR                                        1 5                                                                                                        38billion       3 8               1 100                                    September 2012   MATRIX USA      Employee Incentive  Outsourcing Services in the U S                                          1     4 400                 2013                   IMF                  2 3                                              1 5                                   1                                               2 3            4 000                                                               3 8                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
68.                                                                                  690                          99 8                            120                   75 5                                            BTM                     88                          67 29                            15              2013     3                         15                                                     97                          46 4                           14              2013     3                         19                                          1 228                         2013     3         919                                                                                                                                          SR                                                                                        20                    2016     3                                                                2013     3               25                                                                               2021     3                     5                                                                                                    309                                                                                                                                                                                                                                                                                                 SR                2021     3         
69.                                                                                  M amp A                                                                                      M amp A                                                                                   2013     12               4         M amp A                                                                                                                 M amp A                                                                                                                                                                                                                                                              2014     1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             CRM                                           NN                                                       2014      3                                                                                                                                                                                          
70.                                                                        9                                                                                                                                                                                                                                 Sh ared Gcsearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                     2012                                            2012     5                                                   Benefit One Shanghai Inc                                                                                                                                                                                                                                                                                                                                                   2012     10     1                 2                                                     Benefit One USA  Inc                                     USA            100                                                                                                                                                                                                                                                                                                     2013     10                                   
71.                                                                  3 31 12                  03  5834 8787    http  www sharedresearch  D  Email  info sharedresearch  D            58 58    Sh afedi    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved            
72.                                                                  Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                                      2412  SR Research Report       2014 2 13                                                                                 2013     12                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
73.                                                                1 25                                                                                           1 19                                                                                     1 13      BBH FOR MATTHEWS ASIA GROWTH FUND                                       SR                                                                                       4 167 600                                                                                2013     9                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1952                         1992                                                                                                                                                                      1996                
74.                                                               2014     3             3                      2014     1     29                     2013     3             3                                                 2014     3             3                                               14 719                                 15 9                            2 122                   19 1                           2 088                   18 4                                    1 257                   18 3                                  3                                                    20                                                                                       10                                            5                                                        3                                                   2                                                  3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                3             10 12                                                                                              
75.                                                               5  6                                                                               2014                                                                                                        2013                                                                                                                 2013     11                           Benefit One Asia Pte  Ltd                                                                                                                                                                        2013     11                                                                                                                      2014      2                                                                    2014     3                                                                                                                        3                                                                68 5        65 2                                       68 0        65 0                                     69 1        65 4                                    4                                                                                                                                                                                                                        SR                                                                                      2015     3                     
76.                                                              SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     4     1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 3                                                                   22 000                          24 9                               2 800                     13 5                                                                                                                                                                                                                                                                                                                           
77.                                                           50                                                                                                                                                                                                                     2 1          2013Towers Watson                                                                                                     2013     10      2013     10     8                                                  1     8001                                             Benefit  One Asia Pte  Ltd                                                                                                                                                                                                                                                                                                                                                                                                                                        sh ared hesearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                      2014                                                                                                                                                                                                                                                                                                        
78.                                                          2014     2                                                                                                                                                                                                                                                                              5             2018                                         80                                                                                                                                                                                               2014     3                                                                              2014     3             1                      2013     7     31                     2014     3             1                                                            4 552                          17 1                            549                   17 2                             530                   12 6                               302                   7 6                                                                                                                                                                                                                                                                                                                                                                                                     332                          2013     4         326               
79.                                                        4                12                                                                                                                                                                                                                      2 0  0 7     3                                                                                                                                                                                                                                                                                                                                                                                                                    2014                                                                                                           2016     3      2017     3                                                                        2021     3                                                                                                                                           2012     5                                                  Benefit One Shanghai Inc                                                                                                                                                                                                                                                                                                                                                                
80.                                                        is 35                i 39             41  oo 47  oo 49                                                                                                             es 51                                                                      52         so 52                  amp                   ii 53          5      FV                      PA A 55  eo 56  so 56                i 57       sSh afedi    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                                      2412        SR Research Report  2014 2 13          09     3         10     3         11     3         12     3         13     3         14     3                                         14 726 13 791 14 690 14 959 17 610 22 000              7 2   6 3          17 7  24 9                     6 103 5 901 5 620 5 900 6 688              8 3   3 3          13 4                         41 4  42 8  38 3  39 4  38 0                 2 334 2 345 2 267 2 471 2 731 3 100              19 8  0 5          10 5  13 5                     15 8  17 0  15 4  16 5  15 5  14 1                 2 398 2 444 2 342 2 512 2 714 3 070              20 8  1 9          8 0  13 1                     16 3  17 7  15 9  16 8  15 4  14 0                     1 301 1 490 1 350 1 447 1 623 1 820              21 0  14 5          12 2  12 1                  8 8  10 8  9 2  9 7  9 2  8 3                                    
81.                                                   80                                                                               2013     12                                                                                                                                                                    2013      12                                                                                                                     6 000                                                                                                                                                                                 Cs                                           MATRIX USA      Employee Incentive Outsourcing Services in the U S                                                                                     38billion                        Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                      50                                                                                                                                                                                                                                                                                                                                                                                                                                      
82.                                                  2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      335                             4 060                 2013      9                                                                                                   
83.                                               509                      2014     3                                                                    413                    2013     9                  1                                                  500             2013     3                                   350                                                                                                                                                                                                                                                                                                                                                                                                              6                                                                                                                                   2014     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
84.                                            QASDAQ  8889                                                                                                                                                                       2012        4                                                                       525                                                                                                                                                                                                  L            525           II                                                                                                                                                                                                                                                    Shared esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                  2013     3                                EE 10                               3                                                              1                                                                                 2                                                                                                                                                                                                                                                                                      
85.                                    Benefit One Asia  Pte  Ltd                                                                                                                                60                                                                                                                                                                                                                                                                                                                                                              2014                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               6                                                                                                                                                                                                                                                                                                                         9 8           2013                                                                                                
86.                                 1     2168                                   1                                                                                                                                      2010                                                                                                                  1967                         1990                                                                                                                1995                                                                                          1996                                               1     2168                                   1                                                                                                                                     2000                                                  a         Shared    esearch lp http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                     2013     3                                                                    621                                                                      320                                                                    549                                                              225                        2013     3                                                                                                       
87.                                 66                          387 6                      66 9                           19               2012     3                       25                2013     3                                  16                                                                                                         2014     3                             13     3         14     3                                                                                                8 176 9 434 17  610 9 436 12 564 22  000                      17 7  15 4  33 2  24 9                 5 286 5 636 10 922 6 142                     2 889 3 799 6 688 3 294                      13 4  14 0                         35 3  40 3  38 0  34 9                                          2 009 1 947 3 956 2 268                                24 6  20 6  22 5  12 9                 880 1 851 2 731 1 025 2 075 3 100                    10 5  16 5  12 1  13 5                     10 8  19 6  15 5  10 9  16 5  14 1                 876 1 838 2 714 986 2 084 3 070                      8 0  12 6  13 4  13 1                     10 7  19 5  15 4  10 4  16 6  14 0                      52 1 1 102 1 623 565 1 255 1 820                      12 2  8 4  13 9  12 1                                         SR                                                                                                                                                                                    Shared     esearch lp h
88.                                SR  Inc                                                                                                                                                                                                                                                                                                                           SR Inc                                          SR Inc                                                                                                                                                                                                                                                SR Inc                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 SR Inc                                                                                                                  SR Inc                                                                                                                                                                
89.                              SR                                                                                                                                                                                                                                                                                                                                                                                2013     3             2 714                                       2013     3            511                                                         64                     2013     3                                                                      5 7                                                                                                                                                                                                                                             2013     3              409                                                                                                                              80                                                                                                             510                                                                        160                                                                          200                                            M amp A                                                                                                                                           
90.                            JTB                                                                                 5                                                                                                                        1                                                                                 469                                                                                                                                                            JTB                                                                                                                              549                    JTB                               2                                                                                                                                                                                 1                                                                                                                       2013     4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
91.                           2013     3             3                         2013     1     30                     2013     3             3                                                 2013     3             3                                              12 702                                1 781                                  1 764                                       1 062                                            2012     3             4                                                                                                                                                                                                                                                 17 2                                 9 9                                                                                                                                                                                                                                                                                                                                                                                      4     1                                                                                                                                                                                                                                            2013     4     1                                                                                                                                        
92.                     1                                                                      469                                                                                                               5496                       1                                                                   340             2013     3                                284                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Web                                                                                                                                           Be
93.                   2021     3                                                     159                                                   SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
94.                  2006     3             2013     3                        2 8      CAGR16                                                              2010     3                                                            2014     3                                                                                                                                                                                                                                                      159      17                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 TIT                                                                                                                                                                                                                                                                                                              2011     3                                                                                                                                 2012     3                                                                             
95.                 1990                                                                                                                                                                                                                                                       1997                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Ssh ared Gcsearch         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                      6 297          2013     3                                                                                                                              800                                                                                                       139                                                                                                                                                                        
96.                 68 506                                                                         2012     3              1                                     2012     3             2                                                               48 496                                                                                                             CRM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
97.                340                                                    160                                                                              410                                 59 4                            101                                  8                         Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                           69          2012     3             14                              13                                                                                                            4 2                                                            19                                                                                                                                             CRM                     406                                 0 2                           54                   92 8                          241          2012     3                                  4                                                                                                                                                                                                                                                                                 
98.                6 4                            170                   52 1                                     2014     4         197          2013     4            46                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              2 955                          70 2                           235                   75 6                                             Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                    
99.              14 1                            119                    52 1                      25 596                                                                                                                                                                            1                                                                        1 737                          154 5                      5 4                           134         Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                               18 7                                     2012     5     31                                                                                                                                                                                                                                                                                                                                                                                                                 345                         12 8                            68                         5 6                                            BTM                     52                          170 49                      18 2                           15               2012     3                       50                2013     3                                  7                  
100.              160                 2013     9                              1                                                                   30             2013     3                                239                                                                                                                                                                                                                                                                                                                               CRM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    2013     6                                                                                                                                                                                                                                                                                                                                                 26                                                                                
101.              I                                                                 4      1      a    W                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         2013     3                      2 600                                           
102.             326                       2012     4         42                                                                    56                                                                                 20                         4 8                         2012     4             15 2 PMP                                Re                                 21 8                                                                               29 7                         2 6              2012     4         27 1                    A                                                                                                                                 1 512                          52 3                      0 2                            173                   38 8                      12 0                                                                                                                                                                                      4 000                          1 350                                 300                                                                                       892                          54 6                      22 2                           222                    183 9                      36 9                          78             2012     4         20                                                                                      CRM                     844                          6 49         
103.             8                                                                                                                                                  2013     3                 20   30                                                                         50                                                                                                                                                            2013     3                                            173                         6      119                   4      134                   5                                                                            2013     3             30               CRM            15                                                10                                                                                                                                               2014     3                                                                                                                   1     8001                                                                                                                                                   2013     3             2 119                      5     6                                   15                                                                 SR                                                                                                                                                                      
104.            2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                SR                                                                                                                                                                                                                             iR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Weaknesses                                                                                                                                                                                           
105.           1     6501                                                                                                                                                                        1     8766                                                                           2002                            30                       2004      9             JASDAQ        2006                    2                                2008                                                                               2008     2                                                  2010     4                                                                                                       11                                                                                       2012     3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           7                                                                                                                                                                                                                    
106.           2013     3                                                                                                                                                                                                                                  2012      3                                                                                                                                                                                                                                                                                                                                                                                        7                                                                      2012     3                            2012     5     9                     2012     3                                                                            1 8          14 959                                                       5 0          9 374                                                                               131 1          585                                                   21 7          656                                                          76 6          994                                                                                              0 19          9 058                                        60 6      2011     3                      1 1                                                                                                 0 1     
107.           BTM                     34                          51 6                      15 69                           3                                            11                             42 1                                               7                                                                                         21                          63 1                      46 2                           2                                            12                                           10                                                                                                                                                      2013     10                                                                                                                                                                                                                                                                                                                                                                                                                                                                             2013     11                                                                                                                                                                                                                                                                                                                                                                 
108.          1     8001                                             Benefit One Asia Pte  Ltd                           11                Benefit One Asia Pte  Ltd                                                                                                                                            ChungHwa Benefit One Co    Ltd                           2014     2                                            amp                     2013     11       2013     11     1                                                                                                                                                                                                                                                                               Benefit One Asia Pte   Ltd                                                                                                                                              ChungHwa Benefit One Co    Ltd                                                                                              2014     2                                                                              2013     10                                                                                                                                                                                                                                                                                                                                                                                 
109.          2013     3                                                  769                                2014     3                   629                                                                                 Shared WeseaTch http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                             12 183                          4 8                            1 928                   9 0            2014     4                402          2013     4         76                                                                  2013     3                                                                                                                                                                           1                                                                                                                                1                                                        2                                                                3                                                                                           1                                                                                                                                                                                                          
110.          223 8 224 9 225 1 225 1 225 1  EPS 5 973 6 6 791 4 6 132 8 6 569 8 7 611 5 44 5  EPS                              5 832 7 6 761 2 6 122 4 6 562 8 7 602 2  DPS 2 000 0 2 500 0 2 500 0 3 000 0 3 500 0 17 5  BPS 31 207 3 35 940 8 39 546 1 43 664 4 45 103 7                                         4 022 4 391 5 781 7 908 4 120                       6 992 7 536 8 971 11 792 11 675                       1 760 1 623 1 554 1 587 1 956                                   1 113 838 832 908 1 448                       1 546 1 304 1 051 993 1 236                11 412 11 304 12 409 15 283 16 316             1 568 1 523 1 586 1 926 2 074                           2                                       4 506 3 305 3 541 5 427 6 757                           4                                     72 86 156 237 331                4 578 3 392 3 698 5 664 7 088                   6 834 7 912 8 711 9 618 9 227                                            6 0 0 0 0                                                                                                                 2 355 777 2 192 2 533 2 631                                                         1 815 22  43 167  1 821                                                            49 1  431  558  574  2 095                                         ROA  11 9  13 1  11 4  10 5  10 3                             ROE  20 3  20 2  16 2  15 8  17 2                        59 9  70 0  70 2  62 9  56 6                                         SR 
111.          PayEasy                                                                                                                                                                                                                                                                                                                                                              Fesco                                                        3                                                                                                                                                                                                                                     Fesco                                                                                                                                                                                                                      Thanks com   OC Tanner   Workflow One         8                                                                                Abenity     Next Jump    Anyperk    Club  Benefit                                             Sh ared Gear         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved 38 58  a                                          2412  SR Research Report  2014 2 13                                                                                                                                                                                                                
112.         1                                                                                                                                                                                                                                                                                        2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
113.         2013      12                                                                                                 Sh aredd esearch    http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                          2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 2017                                                                                                                      70       4596                                                                                              2017                     2008              25                                                          CRM                                                                                                                                                                                                                                                                                                2014     3                                                                   
114.        25 5                          25 0          0 5                                                                                             11 9          759                                         10 2          757                                     10 2          435                                                                          611                                                                                    7 123                                                                                               4 607                                        4 508                                                                                                     1 903                                        1 799                                                                     2012     3             1                      2011     7     29                     2012     3             1                                             2012     3              2                                                                                                        0 7          3 428                                        19 0          367                                         19 8          371                                    27 5          213                                         Ssh ared Gear         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved 7     9                                                      2412     SR 
115.        58 0                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      546                          33 3                      0 1                           154                    52 79                      29 1                          89             2013     4         11                                                                                                                                                                                                                CRM                     318                          24 0                      10 6                           27                    51 09                      684 5                                                                      94                                                                                                    2                                                                                                                                                                                                                                                                 
116.       2013     9     5                                                                                                                                                             2013     9     30                                   1                200                                                                                                                               225 420                                                                               45  084  000                                                                  1             100                                    2014     3                                                                                 2013     5     8                        1                                      3 500         17 5                                                        Ssh ared Gear         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                   2013     9     30                                                                                 10                                                               54 43   STATE STREET BANK AND TRUST COMPANY 5 28                 3 30   THE CHASE MANHATTAN BANK  N A  LONDON SECS LENDING OMNIBUS      ACCOUNT  STATE STREET BANK AND TRUST COMPANY 505224 1 95   MELLON BANK  N A  TREATY CLIENT OMNIBUS 1 72                         1 50                      
117.       SR Research Report  2014 2 13                                       2412                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        sr_inquiriesQsharedresearch jDp                                                                                                                                                       0                          2         2412  SR Research Report       2014 2 13           EE        EE                                    5        4  oo 4                i 5                                                              16  Eee 16                             
118.      6 034                                         0 2          3 024                                                                                                                                                                                                                                                                                                                                                      Web                                            2011     3                  53 6          65 59                                                                                                                                                                        1        Sh ared esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved 44 58                                               2412  SR Research Report  2014 2 13                                                                                                                                                       2 3           3 429                                                            22 9      2011     3                 0 1                                O                                                          9 0          2 471                                        7 3          2 512                                              7 2          1 447                                                                                                      15 652              
119.     2013     3             56 6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2004     9                                                                                                                                                                                                                                                                                                                     2005     5         1                5        2006     4                 1                4                                                                                                                                                                                                                                     2013     10            1                200                                                                                                        2006     7             2014     6                                          20
120.    693                                                                              1 023                                                                                                                                                             2013     3                                                                                                                                                                               2 657                                                        2012     4                           582          2011     4         33                                                               284               5                  CRM             239               7                                                  58                20                                                                                  316                                                                                                                                            2013     3                                                                                                                                           123                                                                                                                                                        CRM                            247                                                                                                                                                                         
121.   1 468 1 344 2 092 2 970 3 285                          C amp C       926 905 813 672 624                  851 463 410 448 616                 3 193 3 175 3 031 3 024 3 958                      21 7  23 0  20 6  20 2  22 5              1 624 1 693 1 648 1 580 2 157          1 569 1 482 1 382 1 443 1 800                      6 103 5 901 5 620 5 900 6 688              8 3   3 3   4 8  5 0  13 4                          41 4  42 8  38 3  39 4  38 0                     3 769 3 555 3 353 3 429 3 956                             25 6  25 8  22 8  22 9  22 5                1 610 1 716 1 644 1 717 2 023                   2 158 1 839 1 709 1 711 1 932                2 334 2 345 2 267 2 471 2 731              19 8  0 5     3 3  9 0  10 5                     15 8  17 0  15 4  16 5  15 5                                         SR                                                                                                                                                                                                                                                                                                                                                                                                                                                                ON                                                                                                                                                                                                                             
122.   2013     3                                                                                                                                         esearch lp http   Www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                                                                                                                          29 3                  2013     3                                                                                                                             2013     3                  1 526              2012     3             854                                                                                                                                                      2006     3                 2013      3                                      2 0                        ROE     17 2                             2013     3            O                                                                                                      ROE                                                                                                                         2012     3                                                     1                                  
123.   61 09                                                                          2013     3              1                              2013     3             2                                                                  53 39                              2                                               1                                                                                                                                   SR                               2013     3                        2013     5     8                     2013     3                                                                17 610                          17 7                           2 731                   10 5                             2 714                   8 0                                1 623                   12 2                                                                                                                                             M amp A                                                                                                                                                                                                                                       M amp A                                20 6                                                                 2012         Sh aredd esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research
124.  174             5 1  6 3  5 6                       78 222 223             3 2  8 1  7 2   CRM 78 119 120             3 2  4 4  3 9                     1 134 135             0 0  4 9  4 4                             68 69                 2 5  2 2   BTM  50  15  14              2 0   0 5   0 5           25  19  18              1 0   0 7   0 6                                         SR                                                                                                                                                                                                                                                                                                                                                                                                          2012     3                                                                                2013     3                                    66                                77                                                                                                                                           esearch     http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved        Shared                                          2412  SR Research Report  2014 2 13                                                                                                                                                                                                                        
125.  22 000                          19 2  17 1  13 8  16 7  24 9                     1 544 1 345 1 855 1 944 1 768 1 526 2 102                          16 3  14 5  13 5  13 3                         39 7  31 4  41 0  39 6  38 8  31 2  39 8              1 075 934 953 994 1 218 1 050 1 005                          21 1  13 3  12 4  5 5                                27 7  21 8  21 1  20 3  26 8  21 5  19 0                 469 411 901 950 549 476 1097 68 5  3 100                          11 6  17 2  15 8  21 8  13 5                     12 1  9 6  19 9  19 4  12 1  9 7  20 8  14 1                 470 406 888 950 530 456 1 102 68 0  3 070                          6 5  12 6  12 3  24 1  13 1                     12 1  9 5  19 6  19 4  11 6  9 3  20 9  14 0                 281 240 541 56 1 302 263 692 69 1  1 820                          7 9  7 6  9 6  27 9  12 1                     7 2  5 6  12 0  11 4  6 6  5 4  13 1  8 3                                         SR                                                                                                                                                                                                                                                                                                                    1                       2                                                                                                                                                                                                      
126.  Report  2014 2 13           3             0 4                                                                                                                                                                                                                                        2012     3                 89               13                                  7696                                                                                                                                                                                                                                           17 910                                2 800                                            CRM                                                                                                                                                                                                                                                                                                                                                                       11 627                          2 4                      1 6                            2 119                    7 2                      1 2                                                                                                                                                                         EY                                                                                                                                2013     4    
127. 13     9                                                                        2013     12                                                                                     Ssh ared Gear         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                         2013     3                                              3 500      2013     10         1     200                                                           46 09                            ROE                                                                                                                                                         SR                                                                                                                          09     3         10     3         11     3         12     3         13     3                                                                                                               1  2 355 777 2 192 2 533 2 631                                                         2   1 815 22  43 167  1 821  FCF  1 2  540 799 2 149 2 700 810                                                         491  431  558  574  2 095                                                   A  508 644 620 586 575                 B   1 741  264  248  314  814                        C   3 130 62  118 679          FCF  NI A B C  71 1 740 1 660 1 837 705           
128. 13 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                                                                                                                  6 126                          6 6                      1 4                           794                    18 4                      30 0                            2013     9                335                       2013     4         9                                                                                                                                                                                                                                                                                           Web            76 09   2013     3         69 2                                                                                                                                                                                                       39 3                    44 2                                                                                                                                                                                                                                                                   782                          21 2                      26 2                            53                   26 8               
129. 150                                                                                                                                             7 000                                           7  000                                                                                                                                                                                                                                                                                       B                A                A         1 10     20 000     10 500     4 500     8 500        11 100       100  000       1 050      1                  400      1                  850      1                                               SR                        Sh sfed    esearch lp http  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                               2412  SR Research Report  2014 2 13                                                                                                        A             B                   7 000     3 000                                                                                                           10 000                                                          SR                                                                                          1                         7 000                                            3 000                                                                   
130. 3                            15                  CRM             236               4                                                  54                18                          575               38                                                                                                                                                                                                                                                                                                                                                      2012     3             2                                                                          7 067                                                              36 2      2011     3             2                                  1 6                                                                                                                                                                  2 0          3 078                                                                                                                                                                                       3 49          1 430                                                                                                                                                                                                                                                                           2 0          1 799                                                       
131. 34 63 123 323             8 8 165 10 17                              1 546 1 304 1 051 993 1 236                       4 420 3 767 3 437 3 490 4 641                11 412 11 304 12 409 15 283 16 316                     1 568 1 523 1 586 1 926 2 074                            2                             2 936 1 782 1 955 3 501 4 683                       4 506 3 305 3 541 5 427 6 757                            4                             68                                       72 86 156 237 331                                            6 0 0 0 0                4 578 3 392 3 698 5 664 7 088             1 505 1 514 1 516 1 516 1 522                    1 445 1 454 1 456 1 456 1 462                    4 213 5 265 6 065 6 961 7 924                  330  330  330  330  1 730                   6 834 7 912 8 711 9 618 9 227                754 884 946 828 1 507                        6 0 0 0 0                              3 814  4 189  5 579  7 705  3 917                                        SR                                                                                                                                                                                                                                                                                    24 0                                                                                                                                                                                        20 0                         
132. 38billion           MATRIX USA                                                                                      Ssh ared Gear         http  www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report  2014 2 13                                                                                                            1     2168                                          54 43                             2013     9                                               1                 1996     3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    CRM   Customer Relationship Management                                                                                                                                                                                                                                                                                                                                                                                                          
133. 8 11 2 9 5 10 4 10 0                         5 2 5 1 5 8 5 2 5 5                                 70 7 71 5 62 6 70 8 66 8                                               4 9    4 1 2 4    2 2 2 6                                        SR                                                                                                                                                                                                                                                                           1     7912                                                                                                                                                                                                                                                                                                                                                                                1     2168                                   1                                                               2001     4                                                                                                      1996     3                                                                                                                                                                                                                                                                                                                                     1     8058                                                      
134. Research Report  2014 2 13                                                               09     3         10     3         11     3         12     3         13     3         14     3                                     14 726 13 791 14 690 14 959 17 610 22 000              7 2   6 3          17 7  24 9                 8 622 7 890 9 069 9 058 10 922                    6 103 5 901 5 620 5 900 6 688              8 3   3 3          13 4                         41 4  42 8  38 3  39 4  38 0                                         3 769 3 555 3 353 3 429 3 956                               25 6  25 8  22 8  22 9  22 5                 2 334 2 345 2 267 2 471 2 731 3 100              19 8  0 5          10 5  13 5                     15 8  17 0  15 4  16 5  15 5  14 1                      98 113 78 52 33                     33 14 3 11 49                2 398 2 444 2 342 2 512 2 714 3 070              20 8  1 9          8 0  13 1                     16 3  17 7  15 9  16 8  15 4  14 0                 25 0 0 0 0                186 4 31 8 0                 936 949 961 1056 1090         41 8  38 9  41 6  42 2  40 2                      1 301 1 490 1 350 1 447 1 623 1 820              21 0  14 5          12 2  12 1              8 8  10 8  9 2  9 7  9 2  8 3                                         SR                                                                                                                                                                                                    
135. nefit Station                                               1               Benefit Station                                11                                                                             1                                                           2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            18 58    Shared    esearch   http   www sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                                      2412  SR Research Report  2014 2 13                                                                          Web                                                                                                                                  7                                                                                                                                                                                                                                                                                                                       amp
136. ttp  Wwww sharedresearch jp  Copyright  C  2013 Shared Research Inc  All Rights Reserved                                  2         2412  SR Research Report          2014 2 13  13     3         14     3                                                                                   8 176 9 434 17  610 22  000                      17 7  24 9                 5 740 5 887 11 627 12 183              1 5  3 2  2 4  4 8                            646 866 1 512 2 930              91 7  32 0  52 3  93 8                     410 482 892 1 267              59 5  50 6  54 6  42 1   CRM 406 438 844 980                  0 2   11 5     6 4  16 0                     469 1 268 1 737 2 955              115 1  173 3  154 5  70 2                         176 169 345 690                          99 8   BTM 23 29 52 88              187 5  163 6  170 4  67 2          56 10 66 97              5500 0     23 1  387 6  46 4                 880 1 851 2  731 3 100                      10 5  13 5                 670 1 449 2 119 1 928                 11 4     5 2     7 2      9 0                            73 100 173 389              97 3  13 6  38 8  125 3                       101 121 222 318                  72 9  183 9  43 2   CRM 54 65 119 170              92 9  30 0  52 1  43 3                         1 1 145 134 235                  705 6      75 6                         24 44 68 120                          75 5   BTM    1 1    4  15 15                                         12    7  19  14      
    
Download Pdf Manuals
 
 
    
Related Search
    
Related Contents
báscula electrónica para bebés profesional mod. babytwo  Philips HX3110  Lightolier DPA2G12 User's Manual  Scarica il Manuale  鉄・鋼、アルミなど、磁性・非 磁性どちらの素地でも計測可能 な、ハンディ  7” Touchscreen Tablet  Client software user manual 1.  スタッ ド端子台取扱説明書      Copyright © All rights reserved. 
   Failed to retrieve file