6 th New Industry Leaders Summit 2007 Spring

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1 6 th New Industry Leaders Summit 2007 Spring May 24-25, 2007 Sheraton Sapporo Hotel Atsubetsuchuo 2J0, 5 Chome, Atsubetsu-Ku Sapporo, Hokkaido Japan Iwouldliketowelcomeyoumostcordialytothe6thNewIndustryLeadersSummit.Ihopethat youenjoyyourstayinmiyazakiandthatyoulookforwardthemeetingsanddiscussionsduringthe folowingconferencedays.ifyouhaveanyquestionsorsuggestions,pleasedonothesitateto contactmeorourconferenceteam. MasashiKobayashi Chairman,NewIndustryLeadersSummitLLP Partner,GlobisCapitalPartners kobayashimasashi@gmail.com 1

2 1New Industry Leaders Summit New Industry Leaders Summit (NILS) is an exclusive, invitation only, senior executive conference for the enthusiastic entrepreneurs of Japan s IT industry. NILS 2007 Spring will be held on May at Sheraton Sapporo Hotel, Hokkaido, Japan. For two days, chief business and technology leaders across Internet, communications, media, venture capital, and information technology disciplines will challenge current assumptions and formulate new insights, study new services and technologies, build new relationships and partnerships, and identify new markets and customers. Importantly, it is our intention to provide a closed-door, private forum where senior executives can interact and network freely. NILS is a two-day executive conference with general sessions and company presentations. It is a business-oriented event with 250 senior-level attendees, focusing on emerging technologies and business models in software, the Internet, communications, mobile and electronic commerce. 2

3 2 GeneralInformation Hotel& Location Sheraton Sapporo Hotel Atsubetsuchuo 2J0, 5 Chome, Atsubetsu-Ku Sapporo, Hokkaido Japan TEL:+81-(0) FAX:+81+(0) Standing tall above the city, the Sheraton Sapporo Hotel is in the sub-central business district, also known as Shin-Sapporo. 511 guest rooms include traditional Japanese-style rooms and 31 luxurious suites. The unique combination of Japanese décor and European style creates a comfortable and unique ambience for you to enjoy. A variety of dining options will suit any palate with Japanese, Chinese, and Italian fares. Keep up with your workout regimen at our state-of-the-art fitness center and spa. DressCode Casualstyle Contact MasashiKobayashi (CelPhone) 3

4 Access From Tokyo to New Chitose Airport (Sapporo) All international and inter-island flights land at New Chitose Airport (CTS) to the south east of the city. The route from Tokyo is the most heavily traveled in the world, with several dozen Jumbos flying daily on a variety of carriers and flights. All most participants will get on as follows,on May 24 th NH057:Haneda09:30to Chitose11:05 JAL :50to 11:20 NH059(ANA) : 0:00 to 11:35 Between Korea(Seoul) & New Chitose Airport (Sapporo) Korean Air 765 : From Seoul 10:10 to Chitose 12:55 Korean Air 766 : From Chitose 14:05 to Seoul 17:05 New Chitose Airport Map 4

5 From the airport to Sheraton Sapporo Hotel You can select to go to the hotel by taxi or train 1 Taxi Taxi is the easiest way to go to Sheraton Sapporo Hotel. It takes 35 min from the airport to the hotel by car (JPY 12,000. USD 100). You have to pay by Cash, not Credit Card. 2 Train From the airport to Shin Sapporo Station JR trains run every 15 minutes directly to Shin Sapporo station (27 min. 840; reserved seats are 300 more expensive). From Shin Sapporo Station to the hotel Sheraton Sapporo Hotel is lactated near by Shin Sapporo Station. It takes 1-2 min from the station to the hotel. You will find the hotel easily. 5

6 Conference Room Sheraton Sapporo Hotel 3 rd floor 6

7 3 AgendaofNILS2007Spring 1 st Day,24 th, May 12:00 13:00 13:00 14:00 14:00 14:30 14:30 15:30 15:30 16:00 Registration&WelcomeLunch Session1:InternetTV (Speaker) JeremyAlaire,FounderandCEO,Brightcove,Inc. (Moderator) AkioTanaka,DirectorofEmergingMarketInvestments,AdobeSystems Inc. CofeeBreak Session2-a: FutureofAdvertisementplatform (Speakers) PhilipJ.Kaplan,Founder&President,Products,AdBrite,Inc. NirenHiro,VicePresidentofBusinessDevelopment,AdMob,Inc. TomohitoEbine,CEO,Opt. (Moderator) DaveTakeuchi,InvestmentPartner,Mitsui&Co.VenturePartnersInc. Session2-b: FutureofMobileservice&contents (Speakers) YoshikazuTanaka,CEO,GREE YoshichikaSakamoto,CTO,CELL TakashiSato,CEO,Bitratings (Moderator) HirofumiOno,COO,CAMobile CofeeBreak 3FFoyer 3FWestRoom 3FFoyer 3FWestRoom 3FEastRoom 3FFoyer 16:00 Session3-a: FutureofMobileAdvertisement 3FWestRoom (Speakers) AkinoriTakamura,VPofAdvertisementbusiness,CyberAgenet IsaoMoriyasu,VPof Portal&Commerce,DeNA TakayukiHoujuyama,COO,D2Communications (Moderator) TomonoriHayakawa,CEO,InterSpire 7

8 Session3-b: RichInternetApplicationswithApolo 3FEastRoom (Speaker) MikeChambers,SeniorProductManagerforDeveloperRelations,AdobeSystemInc. (Moderator) 17:00 17:00 17:30 17:30 19:00 19:00 19:30 19:30 21:30 21:30 AkioTanaka,DirectorofEmergingMarketInvestments,AdobeSystems Inc. CofeeBreak Session4: CEO (Speakers) Tomohito Ebine,CEO,Opt TetsuyaEbata,CEO,AlAbout KokiSato,CEO,Septeni ShogoKawada,COO,DeNA MasayukiMakino,CEO,WorksApplications (Moderator) EtsukoOkajima,CEO,GlobisManagementBank Cocktail ReceptionParty AfterParty(Option)JPY5,000 ForacoolnightofJazzandcocktails,visitthe31stfloor'stoplounge. 3FFoyer 3FWestRoom 3FFoyer 3FEastRoom 31FStar sbar 23:30 8

9 2 nd Day, 25 th May 9:00 Session5: LaunchPad 3FWestRoom (Moderator) AkioTanaka,DirectorofEmergingMarketInvestments, AdobeSystems Inc. (Presenters) 1BecomeJapan htp:// 2TAGGY 3Lingr htp://taggy.jp/ htp:// 4MobileRing htp://mobilering.jp/ 5jiglet htp://jiglet.jp/ 6NOTA htp://nota.jp/ 7Zinga htp:// 8KnowledgeMarketV4 htp:// 9Zoome htp:// 10Rimo htp://rimo.tv/ 10:30 10:30 11:00 11:00 11eyeViohtp://eyevio.jp/ CofeeBreak Session6-a Plaxo&scanR (Speakers) BenGolub,President&CEO, Plaxo,Inc. RudyRuano,Co-Founder&CEO.scanR,Inc (Moderator) MasashiKobayashi,Partner,GlobisCapitalPartners 3FFoyer 3FWestRoom Session6-b (Speakers) Futureof mobilesoftware 3FEastRoom JunyaTutsumi,CEO,Acrodea AliAdnan,ChiefOperatingOficer,Japan,PicselTechnologiesK.K. (Moderator) 12:00 12:00 13:30 AdobeSystemsInc. DirectorofEmergingMarketInvestments 田中章雄氏 Lunch 2FPastel 9

10 13:30 14:30 14:30 15:00 15:00 16:00 16:00 16:30 16:30 17:30 17:30 19:00 Session7-a FutureofInternetservice (Speaker) YongJunHyoung,CEO,EnfraNetworks ". Session7-bWebService (Speakers) MikihiroYasuda,CTO,Kakaku.com GenriGoto,CEO,Kenko.com MikeChambers,SeniorProductManagerforDeveloperRelations,AdobeSystemInc. (Moderator) DaveTakeuchi,InvestmentPartner, Mitsui&Co.VenturePartnersInc. CofeeBreak Session8-aUserGeneratedContentsfromKorea&Mobilenewservice Felectron (Speakers) MichaelByungchulHong,CFO, PANDORA.TV HenryKim,CEO&President,OmnitelInc. Session8-b Firefox (Speaker) SatokoTakita,President,MozilaJapan CofeeBreak Session9 FutureofWebApplication (Speaker) TariqKrim,CEOandFounder, Netvibes.com ClosingParty 3FWestRoom 3FEastRoom 3FFoyer 3FWestRoom 3FEastRoom 3FFoyer 3FWestRoom 3FEastRoom 10

11 26 th May-AfterConferenceActivity(GolfTournament)- General Information NILS ispleasedtooferthefolowingactivityonmay26thsaturdayforregisterednils 2007Springdelegates.JoinusforagolftournamentatEniwaCountryClub,oneofthefinestgolf courseinhokkaido,japan GolfCourse EniwaCountryClub TimeTable 6:20Lobby(1F) 6:30 Departure 8:00 Start 14:00-16:00Party Ittakes30-40minfromGolfcoursetoNewChitoseAirport. Participants 50 Expense JPY298,000 11

12 Appendix:ParticipatingPublicCompanies(CEOorexecutiveoficerwhowilatendNILS2007 Source:GoogleFinance Spring) ACCANetworksCo.,Ltd. ACCA NetworksCo.,Ltd.isaJapan-basedtelecommunicationscompany.TheCompanyis involvedinthreebusinesssegments.theindividualsegmentprovidesinternetservices,suchas asymmetricdigitalsubscriberline(adsl)andfiber-opticnetworkservices,toindividualclients. ItsCorporatesegmentisengagedintheprovisionofsymmetricdigitalsubscriberline(SDSL)and fiber-opticnetworkservices,aswelasadslservicesthatarebasedonasynchronoustransfer mode(atm)tocorporatecustomers.thissegmentalsoprovides24-hourmaintenanceservices foritsadslservices.themachinetomachine(m2m)segmentisinvolvedinmonitoring,remote controlanddatacolectionactivitiesbyconnectingelectricalycontroledmachines,suchas camerasandvendingmachines.accanetworksisheadquarteredintokyo. AcrodeaInc. AcrodeaInc.isaJapaneseinformationtechnology(IT)company.TheConsultingsegmentofers consultationservicesregardingsoftwareplanning,designingandsalestomobilecariersand softwaredevelopers.itsconsignmentdevelopmentsegmentdevelopscelularphonesoftwareand selsthe software to mobile cariers,miniaturized communicationsequipmentmakersand middlewarevendors.thein-houseproductdevelopmentandsalessegmentresearchesand developsfundamentalsoftwaretechnologiesmainlyforcelularphonesandsmal-sizedembedded equipment,andselsin-housemiddlewarelicenses.itscoreproductsincludevivid Message, whichismiddlewareforpictographiccharactersandthree-dimensional(3d)graphics;vividui, whichisusedforuserinterface(ui)designing;vividaudio,whichprovidesaudiocommunications services;vividring,whichenablescelularphonecalerstoselectreceivers'ringtones,and X-Forge,whichisasoftwaredevelopmentkit(SDK)formobilegames. AdwaysCoLtd AdwaysCoLtdisaJapan-basedafiliateserviceprovider(ASP)thatoperatesthroughtwo businesssegments.theafiliateadvertisingsegmentisengagedintheprovisionofafiliate advertisingservicesthroughcomputersandcelularphones.itsafiliateprogramsareavailable underthenamesjanetandsmart-c,amongothers.throughitssubsidiaryandassociated 12

13 company,thissegmentisalsoinvolvedinthedevelopmentandmaintenanceofafiliateadvertising systems,aswelastheprovisionofpromotionalplans,proposalsandsupportforwebsitesto corporatecustomersthatareengagedintheonlinemarketingbusiness.theconsignmentand Otherssegmentisengagedinthecreationandconfigurationofinformationsystemsandothers. HeadquarteredinTokyo,AdwayshasonesubsidiaryinChinaandassociatedcompanyinthe country. AlAbout,Inc., AlAbout,Inc.,headquarteredinTokyo,Japan,ismainlyengagedintheprovisionofInternet informationservices.thecompanyoperatesitswebsiteunderthenamealabout,whichofers variousinformationrelatedtobusiness,housing,living,personalcomputer,food,travel,healthand others.itisalsoengagedintheinternetadvertisingbusiness,includingtraficadvertisement services,bannerservices,editorialadvertisementservicesandsponsorsitesservices.inaddition, AlAboutisengagedintheonlineshoppingbusiness,aswelastheprofilebusiness,which providesspecialistinformationservicesinthehousingandfinance-relatedfields. Bit-isleInc Bit-isleInc.isaJapan-basedinformationtechnology(IT)company.Ithasfourbusinesssegments. TheInternetDataCenter(iDC)Servicesegmentofersinfrastructuresofdatacentersoperated bythecompany.itsmainservicesincludecolocationandnetworking.themanagedservice segmentspecializes in the construction,management,operation and supportofserver environments.itscoreservicesincludeoperation,security,storageandrental.thesolution Servicesegmentusestheknow-howandnetworksobtainedduringthemanagementandoperation ofitscorporateclients'servers,andprovidessupportservicesintheconstructionofnewit businessstructures.itsservicesincludesystemintegrationandapplicationserviceprovider(asp). TheMobileMediaServicesegmentselsmobileadvertisements,operatesmobilemediaand constructsmobilemediasystems.itsprincipalservicesincludeadvertisingandmobilesystem integration.asofjuly31,2006,thecompanyhadtwosubsidiaries. CyberAgent,Inc., CyberAgent,Inc.,basedinJapan,isacompanythatismainlyinvolvedintheplanning,production andoperationofinternetmediaandinternetadvertisements,theoperationofonlineshopping sites,aswelastheinvestmentdevelopmentbusiness.thecompanyisinactiveinthreebusiness 13

14 segments.themediasegmentoperatesonlineshoppingsitesandselsproductsthroughmobile phonesandcomputers.itisalsoengagedintheprovisionofcontentsformobilesitesandonline games,inadditiontotheresearchandprintingbusinesses.itsadvertisingbrokeragesegment plansandassessesinternetadvertisementsforitssubsidiariesandassociatedcompanies,aswel asotherinternetserviceprovidersandportalsites.theinvestmentdevelopmentsegment searchesanddevelopsinvestmentdestinations,acquirescapitalgains,andestablishesand operatesfunds,amongothers.headquarteredintokyo,ithas23subsidiariesandthreeassociated companies. CyberCommunicationsInc. CyberCommunicationsInc.isaJapan-basedcompanythatisprimarilyengagedintheonline advertisingbusiness.thecompany,alongwithitssubsidiariesandassociatedcompany,is involvedintheplanning,developmentandsaleofinternetadvertisementsandthepromotion planningand production businesses.in addition,cybercommunicationsisengaged in the marketingsupportbusiness,suchastheprovisionofsalespromotionsupport,theoperationof eventsandtheprovisionofelectroniccommerce(e-commerce)services.throughitssubsidiaries and associated companies,the Company is involved in the travelagency business,the developmentofsoftware,themanufactureofinsertadvertisementsandothers.headquarteredin Tokyo,CyberCommunicationshassixsubsidiaries,twoassociatedcompaniesandoneafiliated companyinthecountry. CybirdHoldingsCo.,Ltd., CybirdHoldingsCo.,Ltd.,formerlyCYBIRDCo.,Ltd.,isaJapanesecompanychieflyinvolvedinthe mobilecontentsbusiness.itoperatesthroughfivebusinesssegments.themobilecontents segmentoferscelularphonecontentstodomesticmobilecommunicationscariers.itsmarketing SolutionsegmentisengagedintheprovisionofconsultationservicesformobileandInternet application,theplanning,development,configuration andoperationofmobilesitesandthe provisionofsupportservices,aswelasthemarketingsolutionbusinessthatutilizescelular phones.theelectroniccommercesegmentisinvolvedinthecelularphonee-commercebusiness. ItsAdvertisingsegmentdevelopsmobileadvertisingproducts.TheOverseassegmentisengaged intheoverseasmobilecontentsbusiness,principalyintheeuropeanandnorthamericanareas. HeadquarteredinTokyo,ithaseightsubsidiariesinthecountry,theUnitedStatesandCanada,as welastwodomesticassociatedcompanies. 14

15 Cybozu,Inc., Cybozu,Inc.,headquarteredinTokyo,Japan,primarilyisengagedinthedevelopmentandsaleof computersoftware.throughitsfoursubsidiariesandoneassociatedcompany,thecompanyis activeinthreebusinesssegments.thesoftwarebusinesssegmentisinvolvedinthedevelopment andmarketingofgroupware,suchascybozuofice,cybozugaloonandotherrelatedproducts. TheInformationCommunicationsBusinesssegmentisengagedintheprovisionofsolutions relatedtobilingservices.thenetworkbusinesssegmentisinvolvedinthedesign,development, operationmaintenanceofnetworksystems;thedesignanddevelopmentofinternettechnology, andthedispatchofinformationtechnology(it)engineers. DeNACo.,Ltd., DeNACo.,Ltd.,headquarteredinTokyo,Japan,isprincipalyengagedinthee-commerce(EC) business.thecompanyoperatesinthreebusinesssegments.themobilesegmentisengagedin theoperationofonlineauctionwebsitesunderthenamesmobaoku,auauctionandpocket Afiliate,aswelasgameWebsitesandfashion-relatedshoppingWebsitesunderthenames MobakeTownandMobakore,whicharespecificalytargetedatmobilephoneusers.TheWeb Commercesegmentisengagedintheplanning,designandoperationofonlineauctionand shoppingwebsitesunderthenamesbidders,pocketbiddersandaushoppingmal.thesolutions segmentprovidesec-relatedsolutionservices.denahastwosubsidiaries. DrecomCo.,Ltd. DrecomCo.,Ltd.,headquarteredinTokyo,Japan,ismainlyengagedintheplanning,development andoperationofweblogs,searchenginesandvarioussystemsforindividualandcorporateusers. TheCompanyoperatesintwomainbusinesssegments.TheBlogsegmentprovidesthreeWeblog systems:drecomblogsystem,whichisasystemforwebloghosting;drecomblogofice,whichis acompanyweblogsystem,anddrecomcms,whichisacorporatewebsitebuilding,management andapplicationsystem.thesearchenginesegmentisengagedintheprovisionofinternet advertisementdistributiontechnologiesandcategoryspecializationsearchengineservices. Ergo-Brainsinc. Ergo-Brainsinc.isaJapan-basedcompanymainlyengagedinthemarketingbusinessandthe 15

16 e-commercebusiness.themarketingsegmentprovidesdirect distributionservicesto registeredmembers,andinternetresearchservices.thee-commercesegmentprovidesonline shoppingservicesformembers.headquarteredintokyo,ergo-brainshasonesubsidiaryandone associatedcompany. ExciteJapanCo.,Ltd ExciteJapanCo.,LtdisaJapan-basedInternetserviceprovider.TheCompanyhasfivebusiness segments.theadvertisingsegmentisengagedinthesaleofadvertisingspaceonitswebsiteto enterprises.thecontentservicesegmentoferscommunityservices,musicdownloadservices, onlinegamesandothers.thebroadbandservicesegmentprovidesinternetaccessservices, mainlybroadbandservicestogeneralconsumers.theelectroniccommerce(ec)segmentis engagedinthesale,auctionandshoppingofcommoditiesthroughinternetsystems.theothers segmentisinvolvedinthedevelopmentofinternetsystems,aswelasthemanagementoffan clubsandtheprovisionofservicesforbeautysalonservicesthroughinternet.excitejapanisa subsidiaryofitochucorporation.headquarteredintokyo,thecompanyhasthreeconsolidated subsidiariesandthreeassociatedcompanies. FractalistInc. FractalistInc.isaJapan-basedinformationtechnologycompany.TheMobilesegmentisengaged inthedevelopmentandconfigurationofwebsitesforcelularphoneswithitssoftwareunderthe namemobilemaster,suchascontentsdistribution,accommodationreservationandelectronic commercesystems,aswelastheoperationofthesitesdevelopedbyfractalist,themanagement ofservers,theprovisionofsupportservicesforcontentsupdatesandlicensingactivitiesfor MobileMaster.TheNormadicNodesegmentselssystem developmentkitsunderthename NormadicNodeandprovidesitslicensestoinformationequipmentmanufacturers.TheOthers segmentisinvolvedintheinternet-relatedbusinessinchina,suchastheplanning,development anddistributionofcelularphonecontents,theprovisionofsalespromotionsupportservicesthat utilizecelularphoneinternetandtheplanning,developmentandsaleofadvertisementsoncelular phoneinternetportalsiteunderthenamemonternet. GaiaXCo.Ltd GaiaXCo.Ltd.ismainlyengagedinthedevelopment,designandoperationofcommunityWebsites. TheCompanyoperatesinfourbusinesssegments.TheCommunitysegmentprovidesone-stop 16

17 solutionservices,whichincludeplanning,systemdevelopment,servermanagement,usersquery, renewalandpromotion,toitscorporateclients.italsoprovidescontentssuchasgames,fortune telingandavatarsonitscommunitywebsites.theconsigneddevelopmentsegmentmainly providesinformationtechnologysolutionservices,whichincludesystem consulting,package solution,system integrationandoperationalmanagement.itisalsoengagedintheconsigned developmentofcommunitywebsites.theonlinegamesegmentdevelopsandofersonlinegames. TheOtherssegmentisengagedintheconstructionofWebsitesforcorporateclientsandthe provisionofhostingservices.headquarteredintokyo,gaiax hasfoursubsidiariesandone associatedcompany. GMOInternetInc. GMO InternetInc.,formerlyGlobalMediaOnlineInc.,isaJapanesecompanyengagedinthe provisionofinternetservices.thecompanyoperatesinthreebusinessdivisions.theinternet UseSupport(InternetInfrastructure)segmentincludesservicessuchastheaccessbusiness, domainacquisitionbusiness,webhostingbusiness,websiteconstructionandsupportandthe Internetsecuritybusiness.TheInternetAdvertisingSupport(Media)segmentisengagedinthe developmentandoperationofinternetadvertisingmedia,thejwordbusiness,theonlinegames businessandresearchservices.theinternetfinancesegmentprovidespersonalfinanceservices. HeadquarteredinTokyo,GMOInternethas29subsidiaries. GolfDigestOnlineInc. GolfDigestOnlineInc.,headquarteredinTokyo,Japan,ismainlyengagedintheprovisionof golf-relatedservices.thecompanyprovidesvariousgolf-relatedservicesthroughtheoperation ofinternetwebsitessuchasgolfdigestonlineandgdoshop.com.golfdigestonlineoperates inthreebusinesssegments.thegolfproductse-commercesegmentofersgolfproductsthrough GDOSHOP.com.Thissegmentisengagedinthesaleofbothnewandusedgolfgoods,therentalof golfclubs,theauctionofgolfproductsandaninternetworkshop,aswelastheoperationoffour golfshopsatgolfcourses.thegolfcourseservicessegmentprovidesonlinegolfcourse reservationservices,reservationapplicationservices,customermanagementservices,marketing proposalservicesandoperationalconsultingservicesforgolfcourses.themediasegment providesadvertisingandmarketingservices.thissegmentalsoprovidesgolfcontentsandcredit cardmemberservices. HICORPORATION, 17

18 HICORPORATION,aJapan-basedcompanyalongwithitssubsidiaries,principalyoperatesintwo businesssegments:middlewareandapplication.themiddlewaresegment,chieflytargetingat domesticandoverseascommunicationscariersandcelularphoneterminalmakers,isengagedin thesaleoflicensesforthree-dimensional(3d)renderingenginesoftwaremainlyunderthename MascotCapsule;theprovisionofdevelopmentconsignmentservicesformiddlewarethatis compatiblewithmascotcapsule;theassemblyofmiddlewareproducts,aswelastheprovisionof supportservices forits products.the Application segmentis involved in the planning, consignment development and co-development of contents with middleware,such as MascotCapsule.Itscontentsinclude 3D game contents,characterdesigningcontentsand match-upgamecontentsforcelularphones.headquarteredintokyo,hicorporation operateswithfoursubsidiariesvariouslylocatedintheunitedstates,singapore,koreaandchina. IndexHoldings, IndexHoldings,formerlyIndexCorporation,isaninformationtechnology(IT)company.The Companyhasoperationsinfourbusinessdivisions.TheContentsegmentplans,developsand deliverscontentsformobileinternetprotocol(ip)connectionterminalssuchasinternetaccess enabledmobilephones.thecontentsincludedemae-can,mobaoku,thegodoflovedx,eraberu J-POP,EraberuMovie,TheWalpaperShopandTVAsahicom-plete!,amongothers.Itisalso engagedinthepioneeringandsaleofvideotechnologiesandvideosoftware.theservicesolution segmentprovidesbroadband-relatedsystem services,amongothers.thecommercesegment selsproductsthroughmobiledevices,theinternetandtelevisionshoppingprograms.the Publishingsegmentisengagedinthepublicationofmagazinesandbooks.Themagazinesinclude Shop,BiDaN,PakupakuBestRecipeSeriesandOishiBanshaku.ItisheadquarteredinTokyo, Japan.TheCompanyhas72subsidiaries. interspaceco.,ltd., interspaceco.,ltd.,headquarteredintokyo,japan,isprincipalyengagedintheonlinebusiness. TheCompanyprovidesonlineservicesthroughthreeWebsitesunderthenamesACCESSTRADE, ACCESS TRADE MobileandBestPrice.ItsACCESS TRADE andaccess TRADE Mobile businessoperatesinabusinessmodelthatalowsfacilitationoftradebetweenadvertisersand WebsitesoperatorsthatdisplayadvertisementsoftheadvertisersontheirWebsites.ItsBestPrice businessobtainsprocessesanduploadsinformationfromotherinternetshoppingwebsites,and ofersmemberstheoptionofcomparingofpricesofproductstheywanttobuy.asofjuly2006, 18

19 therewere250,000usersregistered. JimosCo.,Ltd. JimosCo.,Ltd.isaJapan-basedcompanymainlyengagedinth orderbusiness.Alongwith itssubsidiaries,thecompanyoperatesinfourbusinesssegments.th ordersegmentis mainlyinvolvedin thesale ofcosmetics,health food,consumerelectronicsandalcoholic beveragesunderthebrandnamesofmacchialabelandseikatsutaisha,aswelasthe provision ofadvertisementservices,directmailing services,newsleters underthe name Reductnessandotherrelatedservices.TheWholesalesegmentismainlyengagedinthewholesale ofconsumerelectronicsandcosmetics.th -ordersupportsegmentisengagedinthe provisionofconsulting,advertising,calcentersupportandfulfilmentoperations.theothers segmentisinvolvedinthestoresalesofconsumerelectronics,thedevelopmentandsaleof software,aswelastheprovisionofsystembuildingservices. Kakaku.com,Inc. Kakaku.com,Inc.isaJapanesecompanyengagedintheelectroniccommerce(EC)business.The CustomerExploitationsegmentprovidescustomerexploitservicestoretailersregisteredwiththe Company'sECsiteunderthenameKakaku.com.ItalsoofersactualsalespricestotheECsite users.theadvertisingsegmentselsadvertisementsinbannerandtextformatsandputsthe advertisementsonkakaku.com.thesalessupportsegmentsendscustomerstoec sitesfor communicationscariers,computermakersandothers.theinformationsupplysegmentprovides pricecomparison-relatedinformationinresponsetoitsclients'requests.itsuppliescomparison informationonautomobileinsurances,secondhandcarassessment,securitiesandcommodities, amongothers.thetravelsegmentoperatesaccommodationreservationsitesunderthenames yoyaq.com,4travel.jpandothers.theotherssegmentisengagedindeposittransactionfor foreignexchangesandthesaleoftelephonesubscriptionrights. Kenko.com,Inc., Kenko.com,Inc.,headquarteredinTokyo,Japan,isaretailerofhealth-relatedproducts.The Companyisprincipalyinvolvedinthesaleofhealth-relatedproducts,suchasmedicines, cosmetics,supplementsandhealth-relatedequipment,throughtheonlineshopthatitoperates.it alsoofersmiscelaneousgoodsandproductsforbabies.additionaly,thecompanyisengagedin thewholesaleofmedicaldrugstomedicalinstitutions,suchasclinics. 19

20 MACROMILL,INC. MACROMILL,INC.isaJapan-basedcompanymainlyengagedintheprovisionofmarketresearch services.alongwithitssubsidiaries,thecompanyprovidesinternet-drivenautomaticinternet ResearchSystem(AIRS),underthenamesQuickMil,OpenMil,CMMilandSampleMil,aswelas tabulationservices.italsoprovidesanalyticalservicesunderthenamesofquick-report, Quick-ANALYZEandQuick-MINING,aswelascustomizedresearchservices,globalresearch servicesandmobileresearchservicesunderthenamesordermil,globalmilandmobilemil respectively.inaddition,thecompanyprovideswebsitemarketingsystemsdevelopmentservices. HeadquarteredinTokyo,theCompanyhastwosubsidiaries. Mixi,inc mixi,inc.isajapan-basedinformationtechnology(it)companythatoperatesintwobusiness segments.theinternetmediasegmentoperatesawebsiteforsocialnetworkingservices(snss) underthesitenamemixi.thesiteofersvariousservicesandfunctions,suchastheprovisionof Weblogservices,thedisplayoftheusers'profiles,theprovisionofInternetdiscussionboardsfor commoninterests,thedisplayofphotographs,thedistributionofdomesticandoverseasnews,the provisionofmusicrankingfunctionsandothers.italsoprovidesitsservicesandfunctionsthrough mobileterminals.theinternetrecruitingadvertisementsegmentisengagedintheoperationofa jobadvertisingsiteunderthenamefindjob!mainlyforit-relatedjobopenings.thesiteofersjob openinginformationandscoutmailfunctionstocorporateclientsthatareseekingworkers,and also provides resume registration and vacancy search functions to job seekers.mixiis headquarteredintokyo. NECCorporation(NEC) NECCorporation(NEC)isaJapanesemanufacturerinvolvedinthreemainbusinesssegments. TheITSolutionsegmentdevelops,designs,manufacturesandselscomputerplatforms,suchas software,servers,workstationsandstorage,andcomputersystems,includinginternetservices underthe name BIGLOBE.Through itssubsidiaries,the segmentofersmaintenance and information communications services.its Network Solution segment develops,designs, manufacturesandselsaccesssystems,encompassingmobilecommunicationssystemsandcel phones;broadbandinternetsolutionsystems,includingvoiceoverinternetprotocolsystems,and socialinfrastructuresystems,suchasbroadcastingandcontrolsystems,andsateliteequipment. 20

21 Thissegment,throughitssubsidiaries,providesmaintenanceandinformationcommunications services.theelectrondevicesegmentprovidessemiconductors,colorliquidcrystaldisplays, capacitors,relays,andlithium-ionsecondarybateriesamongstotheritems. NetageGroup,Inc. NetageGroup,Inc.isaJapanesecompanyinvolvedintwobusinesssegments:Internet-related and Finance Incubation.The Internet-related segmentprovides advertisementdistribution servicestocelularphonesandinternet,aswelasmailmarketingservices,includingthe distributionofmails,andtheprovisionofmaildistributionsystemsandsupportservicesformail creation.thissegmentisalsoengagedinthedesigning,developmentandoperationofsystems, the creation ofwebsites,the developmentofadvertisingtechnologies,the online sale of magazinesandthesaleofelectroniccommercesystems,amongothers.thefinanceincubation segmentischieflyinvolvedintheventurecapitalbusiness.additionaly,itoferssupportservices forpublic relations and investorrelations to corporate clients,leases ofices,provides consultation services forwebsite configuration and ofers recruitmentsupportservices. HeadquarteredinTokyo,NetageGrouphas12domesticsubsidiaries. netpriceltd., netpriceltd.,headquarteredintokyo,japan,isengagedintheprovisionofonlineshoppingsites accessiblefrom mobilephonesandpersonalcomputers.thecompanyoperatesmainlyintwo businesssegments.themobilecommercesegmentisengagedintheprovisionofmailorder shoppingviaaccessoftheinternetfrommobilephoneconnection.thewebcommercesegment providesinternetshoppingservicesviawebsitessuchasshopping&gatheringnetprice.through itssubsidiaries,thecompanyisalsoengagedintheoperationofafreeportalsite,mediax,which providesmobilesitesconstructionservices.netpriceltd.hasfoursubsidiaries. NEXTCo.,Ltd NEXTCo.,Ltd.,headquarteredinTokyo,Japan,isprincipalyengagedintheprovisionofreal estate-relatedinformation.thecompanyhasoperationsintwomainbusinesssegments.thereal EstatePortalsegmentisengagedintheprovisionofrealestateleasingandsaleinformationto realestate-relatedagents,throughapplicationserviceprovider(asp)serviceunderthename HOME'S.TheAdvertisementsegmentisengagedintheagencybusinessforvariousInternet advertisementstosupportrealestatecompanies'internetadvertisingpromotions.thecompany 21

22 isalsoengagedinderivativebusinessesofitsrealestateportal,home's,includingnon-life insurancebusiness,rentalserverbusiness,thesaleofpanoramacameras,thedevelopmentof systems,aswelastheproductionofwebsite.asofmarch31,2006,nextco.,ltd.hadone afiliatedcompany. NIFTYCorporation NIFTYCorporation,headquarteredinTokyo,Japan,isaninformationtechnology(IT)service provider.thecompanyoferstwotypesofinternetservices:platform servicesandapplication services.platform servicesincludeinternetserviceprovider(isp)services,immediateaccess storage(ias)servicesandsupportdeliveryservices.ispservicesincludebroadbandconnection servicesandnarowbandconnectionservices.iasservicesincludesecurityservicessuchas virus,intrusion,spyware,phishing,andwirelesslaninterceptionpreventions,aswelasdata storageservicestoenableuserstoretrievedatasafely.supportdeliveryservicesincludephone and technicalsupportandvisitingtroubleshootingsupport.applicationservicesinclude communitymediaservices,whichincludeinformationtransmissionandapplicationsupport,aswel asdigitalcontentservices,whichincludeprovisionofcontentsforcomputersandmobilephones. OKWave OKWave,headquarteredinTokyo,Japan,isanapplicationserviceprovider.TheCompanyis engagedintheoperationofonlinecommunitiesathtp://okwave.jpwhichshareinformation throughquestionsandanswers(q&a)contents.ithasoperationsinthreebusinesssegments.the PortalsegmentprovidesitsWebsite(OKWave)contentstoafiliatedclients,aswelasthe provisionofadvertisingspaceforbannerandtextadvertisementsonitswebsite.thesolution segmentisengagedintheprovisionoffrequentlyaskedquestions(faq)helpdesksolutionsunder thenamequick-aandq&astyleinformationsharingsolutionsunderthenameask-ok,aswel asfaqpageconstructiontoolsformobilephones.themusicsegmentisengagedinthedesign, production,saleandpromotionofmusicandpicturesoftware,aswelasthemanagementof artistes. OPTInc. OPTInc.isanelectronicmarketing(e-marketing)company.ItsBusinesstoBusiness(B2B) segmentisengagedintheadvertisingbusiness,suchasadvertisingthroughyahoo!japanand Overture;thetechnologybusiness,includingtheprovisionofe-marketingsupportsystemsunder 22

23 thenameadplanandothers;thesolutionbusiness,includingthecreationofadvertisements,the developmentofwebsitesandmarketingresearch,andthecontentsbusiness,suchasthe operationofmarketplacesitesforloanandcreditcardinformation,inadditiontotheprovisionof contentstoportalsites,amongothers.thesegmentofersitsservicestocorporatecustomers. TheBusinesstoConsumer(B2C)segmentprovidesservicestogeneralconsumersthrough Internetandmagazines.Thissegmentisengagedinthepublishingofgolfmagazinesunderthe namealbatross-viewandtheonlinesaleoffemaleclothingthroughitswebsite,stylife.italso publishesmagazinesforonlineshoppingunderthenamelook!s. OriconInc. OriconInc.isaJapan-basedcompanythatoperatesinthreebusinesssegments:Database,Media andfranklinmint.thedatabasesegmentisinvolvedintheprovisionofinformationbasedonits integratedentertainmentindependentrankings,aswelastheprovisionofmusicinformation databases.themediasegmentisengagedintheprovisionofcontentsformobileterminalmusic Websites,theproductionandsaleofpublicationsbasedonOricon'sintegratedentertainment independentrankings,theproductionandsaleofartistes'photographcolectionsandbooksand theoperationofevents,aswelasthedistributionofmusic,amongothers.someofthe publicationsareavailableunderthenamesoriginalconfidence,kidsstyleandoriconstyle. TheFranklinMintsegmentisinvolvedinth orderactivities.OriconInc.isheadquarteredin Tokyoandhassevenconsolidatedsubsidiariesandoneafiliatedcompanyinthecountryand Korea. PasonaTech,Inc., PasonaTech,Inc.,headquarteredinTokyo,Japan,isarecruitmentagency.Ithasthreebusiness segments.themanpowerdispatchingandcontractingsegmentisprimarilyengagedinthe dispatchofinformationtechnology(it)personnel,suchassystemdevelopers,networkengineers, supportengineers,websitecreationprofessionals,aswelastrainersandinstructorswhoofer IT-relatedtrainingandeducationalprograms.ThePersonnelPlacementsegmentspecializesinthe placementofit personnelintemporarytopermanentpositions.theregisteredpersonnel SecuringandMaintenancesegmentismainlyinvolvedinthesecuringandmaintenanceof personnelregisteredwiththecompany.italsoofersfolow-upservices,suchastheprovisionof externaltraining,selfdevelopmentandqualificationacquisitionrewardingprograms,tohitherto unemployedregisteredengineers.asofmarch31,2006,thecompanyhadonesubsidiary. 23

24 REMIXPOINTCO.,LTD REMIXPOINTCO.,LTD.,aJapan-basedinformationtechnology(IT)company,isinvolvedinthree businesssegments.thesolutionsupportsegmentisengagedinconsignmentactivitiesforthe developmentofimage-andvideo-relatedapplications.theproductlicensesegmentdevelops applicationsandsoftwaredevelopmentkits(sdks),aswelasselsproductlicenses.thissegment isalsoinvolvedintheoriginalequipmentmanufacturing(oem)business.itsproductsinclude ImageReporter,whichisanapplicationforscanningsecuritycamera'svideoandthecorectionof imagesusedingovernmentofices,securitycompaniesandothers,aswelasremixpoint InteractiveArchiveService(RIAS),whichisusedforthebrowsinganddistributionmanagementof digitalcontents.theservicesegmentprovidesimage-andvideo-relatedservices.italsoprovides technologyandconsultingservices.thecompanyisheadquarteredintokyo. SEPTENIHOLDINGSCO.,LTD., SEPTENIHOLDINGSCO.,LTD.,formerlySEPTENICO.,LTD.,isengagedintheInternetand directmailbusinesses.theinternetbusinesssegmentisinvolvedinvariousactivities:internet marketing,financialnetmarketing,afiliateprogram,digitalcampaign,applicationserverprovider (ASP),mailmarketingandmediacontent.TheDirectMailandOthersbusinesssegmentisengaged inthedirectmail,internetadvertisinganddatabasemarketingactivities.headquarteredintokyo, Japan,ithadfivesubsidiariesandtwoassociatedcompaniesasofSeptember30,2005 So-netEntertainmentCorporation, So-netEntertainmentCorporation,formerlySonyCommunicationNetworkCorp,headquartered intokyo,japanismainlyengagedintheprovisionofvariousinternetservices.thecompany operatesintwobusinesssegments.theconnectionsegmentprovidesinternetconnection servicesforcustomerswithcomputersviaopticfibers,telephonelinesandwirelessconnections, amongothers.theconnectionmethodsincludefibertothehome(ftth),asymmetricdigital subscriberline(adsl),dial-upandmobile.theportalsegmentprovidesgeneralinternetusersto buycontentsandproductsonlineviaitsportalsitecaledso-net.itofersover500content servicesincludingnews,towninformation,televisionprograms,lifestyle-relatedinformation,movie information,koreandramas,fortuneteling,horseracinginformationandgravureidols,among others. SonyCorporation 24

25 SonyCorporation(Sony)istheparentcompanyoftheSonyGroupthatoperatesthroughitsfive segments:electronics,games,pictures,financialservicesandalother.efectiveapril1,2005, Sonynolongerclassifiesitsmusicbusinessasareportablesegment.Accordingly,theresultsfor Sony'smusicbusinesshavebeenincludedwithinAlOther.Resultsforthefiscalyearended March31,2006(fiscal2006)inAlOtherincludetheresultsofSonyMusicEntertainmentInc.'s (SMEI)musicpublishingbusinessandSonyMusicEntertainment(Japan)Inc.(SMEJ),excluding Sony'sJapan-based disc manufacturingbusinesswhich,efective April1,2005,hasbeen reclassifiedtotheelectronicssegment.onapril8,2005,aconsortiumledbysonycorporationof America(SCA)anditsequitypartners,ProvidenceEquityPartners,TexasPacificGroup,Comcast Corporation and DLJ Merchant Banking Partners, completed the acquisition of Metro-Goldwyn-MayerInc.(MGM). StylifeCorporation StylifeCorporationisaJapan-basedcompanyprimarilyengagedinthesaleandadvertisingof ladies'apparelandfashiongoodsaimedatladiesintheir20'sand30's.thecompanydistributes itsproductsandservicesthroughmagazines,internetandcelularphones.stylifeisactiveintwo businesssegments.thelook!sbusinesssegmentisengagedinthepublicationoffashion magazinesunderthenamelook!s,whileearningfeesforitsadvertisementspacesonits magazinesfrombeauty-andhealthfood-relatedcompanies.inaddition,itselsproductsmarketed inthemagazines,whicharemainlybrandproductssoldintheharajyuku,shibuyaanddaikanyama areas,generalythroughinternetandmobilephones.thenetbusinesssegmentspecializesinthe planningandoperationofvirtualonlineshoppingsites,includingstylife,nuan+andstylifebeauty. HeadquarteredinTokyo,Stylifehastwoafiliatedcompanies,KowaCompany,Ltd.inAichiand OPTInc.inTokyo. RakutenInc., RakutenInc.,headquarteredinTokyo,Japanisengagedinthee-commerce,creditpayment,portal media,travel,andsecuritiesandsportsbusinesses.thee-commercebusinesssegmentis engagedintheprovisionofe-commerceservices,onlineshoppingandprivateauctionservices andotherinternet-relatedservices.thecreditpaymentbusinesssegmentisinvolvedinthecard loan,creditcardandgeneralcreditsalesbusinesses.theportalmediabusinesssegment operatesportalsitesunderthenameinfoseek,andoperatescablesatelitebroadcastingchannels. Italsoprovidesdatabasemarketingandotherportalsiteservices.TheCompanyisalsoengagedin 25

26 theoperationofonlinetravelsitesandothertravelservices,aswelasonlinetradingservices.in addition,rakutenisengagedintheoperationofbaseballeagueunderthenamerakutengolden Eagles,andtheplanningandsaleofitsbaseballeaguegoods. YahooJapanCorporation YahooJapanCorporationisaJapan-basedbranchofYahoo!,aUnitedStatesproviderofInternet searchservices.thecompany'sbusinessdivisionsincludeyahoo!bb,whichhasabroadband Internetserviceprovider(ISP)service,aswelas ,homepagecreationandcalendar functions;auction,whichprovidesaninternetplatformforauctionprocessforindividuals;listing, whichpublishesvariousproviders'informationforusersthroughthecompany'swebsite;shopping, whichoperatestheyahoo!shoppingsite,providingonline-basedshopping;media,whichprovides contentandservicestouserstostimulatethenumberofpageviewsandincreasethevolumeof advertisingsales;businesssolutions(bs),whichprovidesthecompany'ssolutions,expertiseand technologiestocorporationsorgovernmentbodies,andcorporatecommonbusiness,whichsels advertisementsforwebsites'frontpages.thecompanyhas21subsidiariesandoneafiliated company. ULSystems,Inc. ULSystems,Inc.isabusinessinformationtechnology(IT)solutionscompany.TheCompany operatesintwobusinesssegments.theknowledgebasesolutionsegmentencompassesthree services:thebusinessmodelingservice,whichdraftsoutdefinitionsandplansofitsystemsto achievebusinessstrategies;theitgovernanceservice,whichprovidessupportformanagement reorganizationbasedonthebusinessmodels,aswelastheadvancedsoftwaredevelopment service,whichmaterializessystem requirementsobtainedfrom thebusinessmodeling.the ProductBaseSolutionsegmentisengagedintheresearchanddevelopmentofprovidingbusiness softwaresolutionsbasedonthecompany'sknow-howcaledumlaut.itcariesoutresearchand development on two themes: UMLaut/Software Framework (SWF) and UMLaut/JEDICOS-extensiblemarkuplanguage(J-XML).ULSystemsisheadquarteredinTokyo, Japan. WebDoJapanCo.,ltd, WebDoJapanCo.,ltd,basedinTokyo,Japan,isaninformationtechnology(IT)serviceprovider.It hasthreebusinesssegments.thestafingsegmentprovidestechnicaloutsourcing,stafingand 26

27 manpowerdispatchingservices.thetechnicaloutsourcingserviceprovidesitintroductionand Internetservicesbuildingsupport.ThestafingserviceintroducesITandInternetjobstojob seekers.themanpowerdispatchserviceprovidesstaffortheitandinternetindustries.this segmentalsokeepsandmaintainsdataofregisteredusersforitsjobsearchengine,crooz! Career.TheContentsegmentisengagedintheplanningofentertainmentcontentsandthe developmentofapplicationsandwebsitesformobilecontentdistributors.italsodistributes contentsdevelopedbythecompanybasedoncopyrightworksthroughoficialcommunication cariers'websites.theadvertisingsegmentprovideskeywordlinkedadvertisementservices throughthecompany'ssearchengine,crooz!andothers. WorksApplicationsCompanyLimited WorksApplicationsCompanyLimitedisaJapan-basedmanufacturerofenterpriseresource planning(erp)packagesoftwareunderthenamecompany.thecompanydevelopsandselsthe software chiefly in two series:human resources(hr)seriesforhr,payroland project management,andaccountingseriesforfinancial,business,assetandcashmanagement.in addition,worksapplicationsofersitssoftwareforintelectualpropertyandlearningmanagement. TheCompanyalsoprovidesmaintenanceservices,suchastheprovisionofupgradedproducts, theintroductoryservicesfortheupgradedproductsandtheprovisionofconsultationandsystem recoveryservices.alongwithitssubsidiariesandassociatedcompanies,itisengagedinthe provisionofsoftware-relatedconsultationandeducationalservices,thesaleofproductsthatare manufacturedbyothercompanies,aswelasoverseassalesactivities,thesystemintegration(si) businessandbusinessprocessoutsourcing(bpo)activities. 27

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