f·...g fÜ \fþ v , dfû v h fãg fû =fêg g fþg" µg g féf¹h fåg föfÔg 4 'g"...
TRANSCRIPT
![Page 1: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/1.jpg)
![Page 2: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/2.jpg)
TOPIX
Refinitiv EPS TOPIX EPS 2010 1 2020 6 20213 2022 3 2021 3 2022 3 TOPIX 2010 1 2020 6
0
20
40
60
80
100
120
140
0
500
1,000
1,500
2,000
2,500
3,000
3,500
2010/1 2012/1 2014/1 2016/1 2018/1 2020/1 2022/1
EPSTOPIX
/
16.5
21.9
17.6
13.4 15.5
13.2
02468
1012141618202224 10
1.2
3.4
1.6 1.2
2.8
1.7
0
1
2
3
4
510
PER PBR
Refinitiv TOPIX S&P500 MSCI 2020 6 102010 7 2020 6 PER 12
![Page 3: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/3.jpg)
![Page 4: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/4.jpg)
![Page 5: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/5.jpg)
![Page 6: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/6.jpg)
0%
5%
10%
15%
20%
25%
![Page 7: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/7.jpg)
![Page 8: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/8.jpg)
![Page 9: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/9.jpg)
![Page 10: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/10.jpg)
![Page 11: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/11.jpg)
![Page 12: F·...G FÜ \Fþ v , dFû V H FãG Fû =FêG G FþG" µG G FéF¹H FåG FöFÔG 4 'G" z0[Fú 2( P1ßFøFçG FéF¹ 9 û ( ÒFûG G F¸ B6× û H w ¹ '¼Fû 3QFç B6× FÜFÒG F¸FíFþ](https://reader030.vdocuments.mx/reader030/viewer/2022040310/5f35ee77f08c082c50253669/html5/thumbnails/12.jpg)