presentation by Kasai-san on 2009/11/05

1. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k

2. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
•

3. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
• XBRL
1.
2.
2009 10 1

4. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
–
– ROE ROA
•
– PBR PER
•
–
•
–
– ÷

5. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
–
– ÷
•
– CF ÷
– CF÷
2

6. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
2009 10
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
PBR PER
500
1200
250
400
200
800
300
150
600
200
100
400
100
50
200
0
0
0
0.0 0.02 0.04 0.06 0 1 2 3 4 5 6 -6 -5 -4 -3 -2 -1 0
ROE
250
1200
800
200
600
800
150
600
400
100
400
200
50
200
0
0
0
-6 -4 -2 0 0.0 0.2 0.4 0.6 0.8 1.0 -0.4 0.0 0.2 0.4 0.6 0.8

7. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
–
•
1.
2.
3. IC Information Coefficient

8. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
PBR
•
0.010
•
0.005
5– 1
0.0
1.17%
-0.005
-0.010

9. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
300
500
0 1
250
400
200
300
150
200
100
100
50
0
0
0 1 2 3 4 5 6 -3 -2 -1 0 1 2 3

10. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
0.8
0.6
0.4
0.2
10
0.0
-0.2
-3 -2 -1 0 1 2 3

11. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
0.8
0.6
y = - 2.14% - 0.59%x
0.4
0.2
10
0.0
-0.2
-3 -2 -1 0 1 2 3

12. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
70%
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%
200201 200301 200401 200501 200601 200701 200801 200901
ROE

13. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
– 2009 9
– 30
– TOPIX
– 1
– 1 30%

14. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
11/6
orz

15. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k

16. H H
F-XC A N GE F-XC A N GE
PD PD
!
!
W
W
O
O
N
N
y
y
bu
bu
to
to
k
k
lic
lic
C
C
w
w
m
m
11/6
w w
w
w
o
o
.d o .c .d o .c
c u-tr a c k c u-tr a c k
•
– S-PLUS http://www.msi.co.jp/splus/
• S-PLUS R
–
– Perl Ruby
–
–
– RDB,csv,xls
– RjpWiki http://www.okada.jp.org/RWiki/