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A Survey Regarding "The Effects of Socially Responsible Investment  (SRI) on Japanese Corporations"

31 May 2004

Daiwa Investor Relations Co.,Ltd

Between March 30 and April 20, 2004, Daiwa Investor Relations (President Choukichi Miyata), a member of Daiwa Securities Group and a consulting company specialized in investor relations, conducted a survey regarding "The Effects of Socially Responsible Investment  (SRI) on Japanese Corporations" 81 responses (from 17 fund managers, 19 buy-side analysts, 38 sell-side analysts, and 7 others) were gathered from institutional investors and research wings of both Japanese- and foreign-affiliated leading security companies operating  in Japan. This is the third survey on this topic following the one in December 2003.

From the Result of "The Effects of Socially Responsible Investment (SRI) on Japanese Corporations"

Press Release
http://www.daiwair.co.jp/pdf/pr040519-e1.pdf

DATA(graph)
http://www.daiwair.co.jp/pdf/pr040519-e2.pdf

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Takuma Ishibashi
Deputy General Manager
Business Development Dept.
Daiwa Investor Relations Co.,Ltd
Marunouchi Trust Tower North
8-1,Marunouchi 1-Chome, Chiyoda-ku,
Tokyo, 100-8289, Japan
E-mail : ishi@daiwair.co.jp
TEL:+81-3-3283-7008
FAX:+81-3-3283-7077