(as of November 11, 2019)

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
Citigroup Global Markets Japan Inc. Hidemaru Yamaguchi
Credit Suisse Securities (Japan) Limited Fumiyoshi Sakai
Daiwa Securities Co. Ltd. Kazuaki Hashiguchi
Jefferies Limited Stephen Barker
JPMorgan Securities Japan Co., Ltd. Naomi Kumagai
Goldman Sachs Japan Co., Ltd. Akinori Ueda
Merrill Lynch Japan Securities Co., Ltd. Ritsuo Watanabe, Tatsuyuki Arai
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Seiji Wakao
Mizuho Securities Co., Ltd. Hiroshi Tanaka
Morgan Stanley MUFG Securities Co., Ltd. Shinichiro Muraoka
Nomura Securities Co., Ltd. Motoya Koutani
SMBC Nikko Securities Inc. Yasuhiro Nakazawa
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.