ベリテ（9904） - シェアードリサーチ
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1.2. Sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 80
3. MEN STOKYO 2011 10 201 1 420 2012 2010 6 2020 2 500 3 000
4. 1969 DTC DTC DTC DTC 80 2014 3 TASAKI DTC
5. 3 2014 4 1 2014 6 81 2 VERITE 74 1 MAHARAJA DIAMOND 5 MiMiKaZaRi 2 0
6. 2012 9 12 1 1 Weaknesses
7. 1 17 58 2 3
8. Shared Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 2008 2009 2010 2011 2012 13 708 11 989 10 538 9 283 9 104 8 945 9 110 2 230 2 060 1 868 1 558 1 466 1 430 1 475 16 3 17 2 17 7 16 8 16 1 16 0 16 2 8 087 6 843 5 988 5 302 5 293 5 287 5 419 59 0 57 1 56 8 57 1 58 1 59 1 59 5 4 201 4 573 4 051 3 562 3 558 3 595 3 713 30 6 38 1 38 4 38 4 39 1 40 2 40 8 4 386 2 270 1 937 1 740 1 735 1 692 1 707 32 0 18 9 18 4 18 7 19 1 18 9 18 7 642 701 654 566 518 510 515 4 7 5 8 6 2 6 1 5 7 5 7 5 7 2 749 2 385 2 02
9. 3 756 17 4 1 924 17 3 2 030 287 105 10 154 67 189 74 1 2 LE COUTURE RE BRILLER
10. 33 2012 4 2012 4 27 Sh ared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 1 2
11. sh ared hesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 Digico Group Verite 1 2 1 21 WE NN CHS
12. Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 1 10 3 11 3 12 3 13 3 24 655 24 655 24 655 27 231 27 231 EPS 33 3 7 4 9 2 4 4 5 6 EPS DPS 0 0 0 0 0 0 0 0 0 0 BPS 292 6 284 9 275 7 253 2 258 9 SR 2013 3 ASTON
13. 19 6 65 m 2 600 21 7 72 m 2 800 Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 DIGICO Group 2008 5 TOB DTC Diamond Trading Company
14. 1 Shared Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13 a 1991 2012 1 135 000 1 amp 37 669 2 63 064 2 32 000 3 34 900 3 30 960 4 27 489 4 As me 27 642 5 23 240 5 21 027 6 17 748 6 20 290 7 16 286 7 18
15. SR Inc SR Inc Shared Researcn SR Inc SR Inc SR Inc
16. 0 1 58 1 2 amp 3 amp Sh ared Gear http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13
17. Sh ared WeseaTch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 17 105 1 125 2 COO COO 2015 3 1 2014 8 14 2015 3 1
18. Sh ared Gear http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13 SW Strengths Weaknesses Strengths SR 1 2
19. NV Iindia 532715 UAE 29 1 500 2012 9 1966
20. 209 30 2013 5 4 As me YY E gt 12 3 13 3 14 3 12 3 13 3
21. GITANJALI 2010 6 2012 5 ASTON 400 1 DES ASTON ASTON 15 3 2 Sh ared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 2012 8 96 4 166 16 9 24 655 2012 7 2012 7 30
22. 24 20 79 190 2011 3 1 9 2011 9 10 3 2012 3 2 9 2012 3 2 2 9 6
23. 2012 3 19 1 2012 2 2012 2 13 2012 3 3 2012 3 9 750 2011 3 9 530 100 59 0 4 110 169 2011 11 2011 11 11 2012 3 2 2011 11 10 2012 3 2 2012 3 2 4 417 2011 3 2 4 809 166 20
24. Coronet anadi 2014 2 5 CRM 9 2014 3 Sh ared Gear http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13
25. 2012 4 27 1 2012 3 2012 3 19 2012 3 19 2012 2
26. 20 30 50 IMiMiKaZaRi 1 2012 9 12 1MiMiKaZaRi 2 2012 11 21 MiMiKaZaRi sh ared hesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved gt 9904 SR Research Report 2014 11713 09 3 10 3 11 3 12 3 13 3 11 519 9 246 9530 10 823 10 565 109 8 19 7 3 1 13 6 2 4 11 505 9 241 9 528 9 621 9 304 115 6 19 7 3 1 1 0 3 3 2 144 1 657 1 713 1 702 1 615 119 7 22 7 3 4 0 6 5 1 18 6 17 9 18 0 15 7 15 3 1 906 1 402 1 375 1 419 1 325 108 3
27. 2012 9 10 CRM LTV CRM LTV
28. 4 2014 3 2 3 MiMiKaZaRi 2 Sh ared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 54 2 51 296 3 0 PANDORA 55 1 50 596 PANDORA 47 89 68 29 2013 3 PANDORA
29. SR CEO Sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13 2008 5 TOB
30. 2 648 2 411 166 2011 3 2 20 2012 3 2 4 338 9 8 461 9 8 5 5 56 1 0 1 2 434 Sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11 13
31. 2012 3 3 9 83 16 17 2012 3 3 2012 2 13 2012 3 3 3 2 9 7 144 8 0 5 6 2 5 5 3 2 1 3 3 8 0 56 5 2011 3 3 50 8 4 067 3 588 30
32. 2013 3 EPS 9 721 246 254 112 4 54 10 000 200 70 100 4 05 2 9 18 6 72 4 10 7 10 091 5 90 212 0 9 SR Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 2013 2 SR Research Report 2014 11 13 2013 2 26 PANDORA 2010 11 11 PANDORA Jewelry Asia Pacific Limited PAP PAP 20 PANDORA
33. CRM Customer Relationship Management 3 10 12 8 0 2 6 10 9 3 3 1 0 5 3 6 3 2014 3 2 3 6 208 5 268 QIREINI 2013 12 84 20
34. 1 8019 1 8025 2 8115 DM Sh ared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 1 8165 1 9997 Amazon com JASDAQ 4755 JA
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38. 2005 1 6 81 72 185 169 2010 3 740 2011 2 2011 3 2011 3 5 9 2011 3 3 2011 2 10 2011 3 3 2011 3 8 0 7 355 150 562
39. 2008 5 1 2 3 4 5 OD 2008 5 2010 3 1 1 2011 3 2 2 1 2 1
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41. VERITE MAHARAJA DIAMOND MiMiKaZaRi 50 60 50 2010 3 DTC 1 2010 3 1 2
42. KLab J GCA DIC TOKAI
43. CRM 9 2014 3 2 2013 11 14 2014 3 2 2 4 547 1 3 10 284 67 343 74 456 BEAUTY FOR EVERYONE QIREINI CRM 6 2 7 9 7 1 2 8 4 49
44. SR Inc SR Inc SR Inc 3 31 12 03 5834 8787 http www sharedresearch D Email info sharedresearch D
45. 2012 5 2012 5 17 1 240 1 2 2 Sh ared Gear http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 2012 4 27 2
46. 109 QIREINI 10 2015 3 2 2015 3 1 SR 1 2014 esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved Shared 9904 SR Research Report 2014 11713 5 2014 2
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54. 1 80 10 DTC Sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 SR 2
55. 20 CRM D M 9 CRM DIGICO 7 0 DTC Diamond Trading Company DIGICO 4 000
56. 2015 3 1 1 747 22 49 125 42 151 66 164 58 1 QIREINI
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58. 1 249 2006 12 3 750 2009 3 2014 3 7 045 10 3 11 3 12 3 13 3 14 3 10 6 18 2 21 0 9 2 6 5 34 5 20 1 17 4 39 8 55 8 1 1 1 1 1 1 0 9 0 9 328 2 343 0 339 5 398 1 416 9 2 4 3 2 6 9 6 1 4 7 149 8 112 9 53 0 59 5 78 0 212 9 250 1 303 8 378 4 394 6 SR
59. 2013 3 2014 3 2001 1 Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 2010 3 2009 3 FCF Shared Qeseareh http www sharedresearch jp Copyright C 2013 Shared Re
60. 2014 3 1 2013 8 14 2014 3 1 2 251 1 5 42 209 66 238 58 254 1 BEAUTY FOR EVERYONE CRM DIGICO amp QIREINI CRM
61. 2012 11 12 2013 3 2 2013 3 Sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 2 4 372 1 0 304 166 343 230 456 126 54 9 56 2 76 561 4 003
62. 2006 1 1 3 10 3 11 3 12 3 13 3 14 3 1 1 006 117 1 716 186 664 2 499 197 335 413 443 FCF 1 2 1 505 314 2 051 599 221 576 517 1 995 91 99 A 102 103 153 147 48 B 35 206 378 69 119 C 276 301 2 086 96 894 FCF NI A B C 977 573 2 523 287 813 SR 2009 3 2010 3 2012 3
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65. QIREINI 2014 3 amp 2014 3 2015 3 Coronet 2010 anadi IREINI Nd Goronet SOLITAIRE da nad Shared Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 9904 SR Research Report 2014 11713 QIREINI
66. 2000 2012 33 5 33 9 33 0 11 6 61 1 19 8 38 2 63 9 43 2 64 9 40 9 53 9 SR 2000 2012 33 5 15 000 2 2
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119. 400 8 14 075 8 TASAKI 14 023 9 13 239 9 QVC 13 000 10 12 813 10 11 860 SR 1991 2009 M amp A As me
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