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Analyst Coverage

As of May, 2013
Barclays Securities Japan Limited RYOTA HIMENO
Citigroup Global Markets Japan Inc. AKIRA FUNAE
Credit Agricole Securities Asia B.V. PAUL WAN
Daiwa Securities Co. Ltd. HAJIME HITOTSUYANAGI
Jefferies Hong Kong Limited JOHNSON LEUNG
Macquarie Capital Securities (Japan) Limited NICHOLAS CUNNINGHAM
Merrill Lynch Japan Securities Co. Ltd. YASUHITO TSUCHIYA
Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. YUSUKE ARAMAKI
Mizuho Securities Co., Ltd. SATORU KUNIEDA
Morgan Stanley MUFG Securities Co. Ltd. TAKUYA OSAKA
Nomura Securities Co. Ltd. MASAHARU HIROKANE
Okasan Securities Co. Ltd. SHINICHI YAMAZAKI
SMBC Nikko Securities Inc. OSUKE ITAZAKI
UBS Securities Japan Ltd. JUN HARADA
(Alphabetical order / Titles omitted)

This table is made by NYK LINE based on information available to the company. Please note that other analysts would make reports on NYK LINE, and that the table does not always show the most updated one.

This table is just for investors' reference and not solicitation for investing.

Analysts, irrespective of whether they are listed or not listed in this table, analyze NYK Line's performance, businesses and technologies, and make regular forecasts. Please be aware that neither NYK Line nor its management is involved in any process of making these forecasts. NYK Line does not endorse or support the estimates, opinions and recommendations of the analysts listed here, nor does the company guarantee their accuracy.

When making investment decisions, any reliance on these reports is at the investor's own discretion.