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Analyst Coverage

(as of July 7, 2010)

List of analysts of securities companies and research companies who make recommendations and reports of Astellas' performance, etc

(In alphabetical order of firm)
Company name Person in charge
Barclays Capital Japan Limited Atsushi Seki
BNP Paribas Securities (Japan) Limited Philip Hall
Citigroup Global Markets Japan Inc. Hidemaru Yamaguchi
Cosmo Securities Co., Ltd. Shunichiro Manome
Credit Suisse Securities (Japan) Limited Fumiyoshi Sakai
Daiwa Securities Capital Markets Co. Ltd. Yo Mizuno
Daiwa Securities Capital Markets Co. Ltd. Akitada Iwasa
Deutsche Securities Inc. Kenji Masuzoe
Goldman Sachs Japan Co., Ltd. Steve Chesney
JPMorgan Securities Japan Co., Ltd. Masayuki Onozuka
Macquarie Capital Securities (Japan) Limited Naomi Kumagai
Merrill Lynch Japan Securities Co., Ltd. Ritsuo Watanabe
Mito Securities Co., Ltd. Jun Ikeyama
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Yasuhiro Nakazawa
Mizuho Investors Securities Co., Ltd. Hiroki Tada
Mizuho Securities Co., Ltd. Hiroshi Tanaka
Morgan Stanley MUFG Securities Co., Ltd. Mayo Mita
Morgan Stanley MUFG Securities Co., Ltd. Shinichiro Muraoka
Nomura Securities Co., Ltd. Financial & Economic Research Center Ryoichi Urushihara
Okasan Securities Co., Ltd. Yukichi Okabe
SMBC Friend Research Center Ltd. Satoru Takaoki
Tokai Tokyo Research Center CO.,LTD. Takashi Akahane

Note: This list is based on the currently available information regarding coverage for Astellas by the securities analysts/researchers.The list may not be complete and is subject to change.

Please note that any opinions, estimates or forecasts regarding Astellas' performance, businesses, products, and technologies made by the analysts at listed avobe or the analysts not listed above, are theirs alone and not those of Astellas or its management.

Astellas provides this information solely for the purpose of introducing the analysts/researchers to the investors. Astellas does not imply its endorsement of or concurrence with any information, estimates, opinions, recommendations and information by these analysts/researchers.

If you actually intend to trade stock, please make such stock traded in accordance with your own judgment.


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