ミライト・ホールディングス（1417）
Contents
1. SR Inc2. 2015 3 1 15 1
3. Weaknesses u 2014 3 NTT 339
4. 2014 3 35 4 NCC CATV NCC New Common Carrier CORE C 1985 KDD 1 9433 AF KDDI 1 9984
5. Sh atrodi esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved z i 1417 SR Research Report 2015 2 19 09 3 10 3 11 3 12 3 13 3 3 3 3 30 833 27 830 24 345 24 044 29 340 29 976 11 7 10 996 9 9 10 2 10 8 10 8 REZ 19 712 19 356 19 356 18 776 18 497 18 521 7 5 7 6 7 8 8 0 6 8 6 7 11 121 8 474 4 989 5 267 10 842 11 455 4 2 3 3 2 0 2 2 4 0 4 1 1 790 2 396 1 5 1 4 1 5 2 7 ROA 2 796 3 696 2 4 2 2
6. LTE Wi Fi NTT ICT 32 3 30 2
7. 4 37 5 3 701 4 50760 NTTT 67 400 13 0 64 800 5 99 74 9 80 19 69 79 68 9
8. M amp A 2012 3 2014 3 SR M amp A M amp A
9. LTE Advanced LTE 3 4GHz S NTT NTT NTT NTT 2014 3 NTT 92 462 33 3 L X A A
10. X RH eee NTT 2012 3 E 2014 3 26
11. LTE Wi Fi amp 2015 3 3 2017 3 3 100 170 5 596 ROE8 1 NTT LTE ICT EV
12. 1 RA OPTOS 2 3 a Shared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 3 NTT
13. MG SBS KLab
14. LTE 930 940 LTE Advanced Relative MIRAIT CCTS 2014 7 36 12 24 7
15. 37 500 23 9 LTE LTE ICT ICT 18 100 25 0 19 700 1 1 2012 M amp A 3 700 EV
16. 3 10 12 H 10 5 1 4 6 9 8 2 7 9 H 10 1 6 211 ADA 3 5 2013 3 3 393 ADA 223 7 3 2014 3 65 29 46 1 4 SR
17. EV 2015 1 26 355 EPC ICT 35 800 3 99
18. a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 LTE Wi F ICT EV amp NTT NTT 44 200 ADA 15 0
19. 100MHz 1 T 20MHz 15MHz 100MHz 3Gbps HESR E b C ICSREEUEBK SR NTT LTE 3G LTE Advanced NTT LTE Advanced Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved L s 1417 SR Research Report 2015 2 19
20. SR Inc SR Inc 3 31 12 SAS 03 5834 8787 http www sharedresearch jp Email info sharedresearch p ji sh ared Mesearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved
21. 2014 3 10 3 EV HmERo 781 MHENBNOGHTSON EEK O SR EV ICT 2014 3 18 396
22. 2010 3 2012 10 2 amp 2014 10 2014 10 27 2015 3 2 2015 3 2 123 100 120 000 AAM 5 900 ADA 3 000 6 200 ADA 3 300 3 900 ADA 2 200 2014 5 2014 5 9 2014 3 2015 3
23. SR Inc Shared Researcn SR Inc SR Inc SR Inc SR Inc
24. LAN LAN Local Area Network EEE 802 IEEE802 11 LAN Wi Fi LAN LAN Wi Fi a i sh ared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1 ua s 1417 SR Research Report 2015 2 19 LAN WAN Wide Area Network LAN
25. SR SR 2014 3 4 19 4 29 UR 1 1721 8 3
26. NTT 21 400 ADA 19 7 26 600 24 096018 9 200 ADA E 30 496 S ICT 12 700 4 2 LTE ICT NTT C 40 596 NTT 21 800 ADA 1 4 20 800
27. Ei Wi Fi Shared i esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved i 1417 SR Research Report 2015 2 19 IT IP O a T PP EEK O SR Wi Fi amp EPI Wi Fi amp Wi Fi
28. KDDI 2014 3 31 532 379 119 ICT NTT NTT Sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights R
29. 2014 LTE WiMAX Wi Fi LAN 2012 7 2015 FERETI 2010 F LT 20 8 A 1 84 39 1 2 08 LTE
30. 21 5 18 6 16 2 8 290 2015 3 1 a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1417 2015 3 119 746 2 8 107 679 12 067 6 3 10 196 TAERU RERA 9 292 x LESMRCSEHSPUK 7 8 2 774 25 6 2 3 3 117 26 2 2 6 1 746 2910 3 14 3 157 974 2 290 140 064 17 909 8 8 11 3 9 229 5 8 8 680 22 1 5 5 9 150 21
31. NTT ICT 3 75 0 76 09 66 3 66 9 71 5 48 3 73 0 50 690 88 7 47 296
32. J GCA DIC TOKAI
33. NGN Next Generation Network IP IP LTE Long Term Evolution 3G LAN LAN PBX Private Branch eXchange ISDN 700 900MHz
34. 33 949 U 990 2013 8 2013 8 6 2014 3 1 2013 8 6 NTT INTT 3 3 2013 10 1 1 1 NT T
35. SR 3 3 amp
36. 930 940 1 2 40 3 NTT 52 600 ADA 11 8 45 900 a P sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 ANA 6 1 LTE WiMAX LTE
37. NTT LTE ICT Wi Fi ICT NTT 22 100 12 2 NTT NTT 17 100 ADA 42 7 LTE ICT 8
38. M amp A a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1 ua i 1417 SR Research Report 2015 2 19 x 45 FIBRE MM 2013 9 2013 3 HKEE 3 2 2 461 16
39. ICT ICT 2014 3 47 700 2017 3 98 000 ICT Wi Fi amp EV CATV Sh atrodi escar ch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved L s
40. a i sh ared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 12 479 11 5 6 12 1 75 500 ADA 2 2 68 800 A 1 9 78 79 75 6 74 1
41. U PBX IP PBX LAN WAN LAN NW Wi Fi 700MHz ON P Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2012 10 1 3
42. 2013 9 MM NTT 71 8 KDDI 1 9433 KDD1 12 69 1 9503 5 9 UCOM 2 29 o KDDI 2012 3 au NTT NTT 08 3 09 3 10 3 11 3 12 3 13 3 14 3 48 397 47 495 46 489 45 330 44 085 4 234 4 105 3 987 3 6 1 9 2 1 2 5 2 7 90 4 3 0 2 9 39 620 36 361 33 238 30 271 27 521 25 042 23 000 21 120 8 5 8 2 8 6 8 9 9 1 9 0 8 2 8 2 8 777 11 134 13 251 15 059 16 564 17 300 18 050 18 750 27 190 26 990 19 096 13 696 10 096 4 4 4 3 3 9 SR NTT 08 3 09 3 10
43. 10 19 12 59 5 2 3 92 83 a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 NTT
44. a i sh ared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2014 3 1 2013 8 6 2014 3 1 67 504 ADA 4 8 56 780 ADA 8 6 791 ADA 32 9 1 010 ADA 27 3 609 A 2013 3 1 1 164 M2M ICT LTE Wi Fi
45. LTE 2013 3 24 400 2014 3 55 300 2015 3 95 300 700MHz LTE 2015 1 2015 3 LTE Advanced KDDI Sh atrodi escar ch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved L 1417 SR Research Report 2015 2 19 08 3 09 3 10 3 11 3 12 3 13 3 14 3 15 3 NTT 7 587 7 376 6 865 6 685 7 268 7 537 7 031 6 900 18 8 2 8 6 9 2 6 8 7 3 7 6 7 1 9 LTE 260 923 2 189 3 878 4 650 5 255 0 137 2 77 2 19 9 KDDI 5 013 5 751 5 180 4 418 4 216 4 670 5 718 5 800 20 296 14 7 9 9 14 7 4 6 10 8 22 4 1 4 3 917 4 321 3 768 3 387 3 042 3 382 3 443 3 800 19 196
46. 4 000 1 200 11 19 10 19 1 100 NTT LTE ICT NTT 10 506 11 59
47. 2 2014 3 HRT 7 388 95 4 275 3 018 NTT NTT NTT ICT amp e 1 2 NTT
48. 4 1Gbps 100Mbps http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 International Telecommunication Union E LTE Advanced 3G Eo UPer3G LTE BERE p 35 HSPA 3G W CDMA 20005r 201051 20205 E UJ D BB D Ud daa SRI UL LTE Advanced LTE MIMO multiple input and multiple output Carrier Aggregation
49. 500 4 755 Sh atrodi esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved z s 1417 SR Research Report 2015 2 19 1946 1946 2 1960 3 1 NTT 2 3
50. NTT 2 1 3 3 2013 10 1 2 3 3 2013 10 1 2014 3 a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved i 1417 SR Research Report 2015 2 19 2013
51. NTT 2014 3 ICT a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 2 1417 SR Research Report 2015 2 19 i mooooooo0 HHHHH 58000 i PIE HH HH HHHHHHHHHH OOOO 115000 ie ELENA mi D Oulu de 10 ADD zt HHHLHHHHHH Ww gt HHHDHHUH ID rr gt Dairrei SLK Pvit Limit M amp A SR
52. 2014 3 2 119 700 124 000 EAM 2 700 ADA 4 000 EAM 3 100 ADA 4 300 EAM 1 700 ADA 2 500 ADA NTT 2014 3 HER 2 2013 10 8 AH a i sh ared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19
53. Shared i esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved i 1417 SR Research Report 2015 2 19 AOE TER BERKO SR SR IMCS Inbuilding Mobile Communication System Wi Fi 3G LTE Shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved i 1417 SR Research Report 2015 2 19 2014 5
54. LTE LTE 1 8 ICT ICT 39 400 12 496018 go Era 40 200 AHA 16 2 60 300 E 26 5 52 900 15 69 EV E Wi Fi 2013 3 1 100 2014 3 8 500 1 000 4 900 M amp A ICT 4 000 1 200 11 454 ADA 5 6 CEU 10 8
55. 0 1 18 521 500 M amp A 2014 3 a P sh ared Mesearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1 ua s 1417 SR Research Report 2015 2 19 25 6 22 19 10 1 11 3 12 267 ADA 4 3 7 186 ADA 71 1 2014 3 3 2014 2 6 2014 3 3
56. 700 800 CO 31 700 AHA 5 8 200 M amp A 18 600 NTT a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1417 SR Research Report 2015 2 19 14 3 277 720 310 000 11 696 99 900 84 000 15 9 84 500 80 000 5 3 ICT 93 200 146 000 56 796
57. 3 214 331 ADA 5 0 185 818 ANDA 4 0 3 3 NTT 77 400 ADA 8 9 68 800 ADA 10 29 2013 10 64 500 ADA 8 3 58 600 ADA 16 6 LTE LTE ICT 1ICT 29 200 ADA 19 3 27 400 23 4
58. 8 156 140 4 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 LTE Wi Fi 2020
59. NTT NTT NTT 725 fs 7 600 8 7 6 9 93 000 Do 3 2 023 18 200 10 LTE BS 5 5 93 000 E173 EV 47 49 42 000 ICT M amp A 12 1 57 000
60. 50 24 500 ADA 56 7 14 700 ADA 50 7 EV BEMS EV 420 400 ICT 25 200
61. 2015 3 285 000 2 6 13 000 A 13 5 13 600 10 99 9 200 28 0 esearch lt Shared i http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1417 SR Research Report 2015 2 19 2015 3 L RE TERS ORSR S NTT ICT
62. Sh atrodi escar ch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 135 8111 5 6 36 03 6807 3111 1 2010 10 1 2010 10 1 HP http mirait co jp index html 3 IR IR http mirait co jp ir financial general html IR IR a P sh ared KWeSGaT ch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1417 SR Research Report 2015 2 19 SR
63. 0 2 22 2 6 811 2 2 FAL 12 0 4 783 1 7 2 7 2 106 2015 3 1 24 29 23 9 20 0 20 496
64. 1 1951 6 59 shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2 1987 2012 12 NTT SS2EICBS UC UV B G 7 38 O ARRA ORS EST IURI C do 5 73 29 2014 5 Sh atrodi escar ch http www sharedresearch jpD Copyright C 2013 Shared Research Inc All Rights Reserved s
65. 43 000 23 090618 30 900 AJA 4 8 Wi Fi 1 8023 amp a i sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 3 5 532 ADA 3 3 10 99 0 4 10 596 NTT
66. 47 700 45 500 SR 2015 3 2017 3 310 000 17 000 5 596 ROE8 096 NTT ICT ICT 2014 3 349 2017 3 45
67. 30 400 Sh aredi esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved z s 1417 SR Research Report 2015 2 19 8 3 60 7 73 2 53 4 65 396 lee TaB 2015 3 2 2015 3 2 148 114 7 4 123 138 ADA 2 8 5 943 ADA 114 290 6 258 ADMA E 100 7 3 939 ADA 125 59
68. 1417 SR Research Report 2015 2 19 SW Strengths Weaknesses Strengths u 2014 3 SR NTT NTT
69. 1417 SR Research Report 2015 2 19 3 10 100 NTT 500 2017 3 2014 3 800 2 400 2014 3 1 5 Sh aredi escar ch http www sharedresearch jpD Copyright C 2013 Shared Research Inc All Rights Reserved Sh atrodi 1417 SR Research Report 2015 2 19 2010 10 II 3 3 NTT NTT 1 ICT 2014 3
70. NTT 3696 30 10 3 11 3 12 3 13 3 3 3 255 299 246 603 236 038 271 018 277 720 3 196 3 496 14 896 2 5 NTT 116 600 110 000 111 400 109 100 99 900 5 7 2 1 8 4 45 7 44 6 47 2 40 3 36 0 75 000 68 100 60 300 81 300 84 500 9 2 34 896 3 996 29 4 27 6 25 5 30 0 30 4 ICT 25 300 25 600 26 700 34 600 40 200 1 2 29 6 16 2 9 996 10 496 11 390 12 896 14 596 38 200 42 600 37 400 45 800 52 900 11 5 22 5 15 5 15 096 17 396 15 8 16 9 19 0 SR 2015 3 U RT U
71. 7 8 5 600 ADA E 22 4 ICT 8 500 19 7 a i sh ared Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 ICT 1 2 NTT 1
72. 68 790 LTE MIRAIT Technologies Australia Pty Limited 2 38 600 ANA 50 7 24 700 53 2 86 0 70 3 59 0 56 796
73. O AX ICT Wi Fi esearch L http www sharedresearch jp EE EX NCC CATV Copyright C 2013 Shared Research Inc All Rights Reserved L ICT i 1417 SR Research Report 2015 2 19 14 3 277 720 NTT 99 900 36 096 98 400 35 496 28 500 10 396 ICT 50 800 18 396 SR NTT 2014 3 36 0 1 9432 NTT N
74. M amp A Shared i esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2014 3 2014 5 9 2014 3 282 026 ADM 1 49 277 720 ANA 2 5 a NTT 96 800 ADA 12 6 99 900 8 4 4 500 1 900 2013 10 85 300 1 0 84 500 3 9
75. 609 1 137 1 647 3 793 1 559 2 380 4 217 1 044 88 7 9 200 7 0 66 4 20 390 156 096 109 390 156 0 72 5 28 0 1 1 1 8906 2 5 4 1 2 7 3 6 6 4 1 1 3 2 SR 4 1 3 4 2015 3 3 2015 2 3 2015 3 3 3 217 465 ADA 1 5 188 912 A 1 7 9 299 68 1 9 926 59 8 2 791
76. 0 9 19 600 ADA E 12 49 PBX 5 PBX 570 a sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2015 3 1 70 061 3 8 56 915 ADA 0 2 2 106 ADA 166 2 2 341 ANDA 131 8 1 559 156 0
77. 2 3 amp a sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 14 3 15 3 15 3 E73P3 pe Te 2Q cie CERE 56 780 62 966 66 072 91 902 56 915 66 223 65 774 96 088 66 390 285 000 8 690 2 0 6 496 0 5 0 2 5 2 0 5 4 6 2 6 5 574 6 493 7 361 10 548 6 811 8611 7 955 4 8 7 6 11 3906 7 1 22 2 32 696 8 1 x 9 890 10 3 11 190 11 5906 12 090 13 0 12 1906 REZ 4 783 4 509 4 603 4 626 4 704 4 775 4 599 2 3 0 8 0 4 2 1 1 7 5 9 0 1 B 8 4906 7 2 7 0 5 0 8 3 7 2 7 0 791 1 983 2 758 5 922 2 106 3 837 3 356 3 701 71 5 13 000 32 9 22 3 38 590 15 7 166 2 93 590 21 7960 37 5 13 5 1 4 3 1 4 2 6 4 3 7 5 8 5 1 3 9 4 6906 1 010 2 107 3 094 6 056 2 341 3 917 3 668 3 674 73 0 13 600 27 3 25 7 40 190 13 690 131 8 85 9 18 6 39 3 10 9 1 8 3 3 4 7 6 6 4 1 5 9 5 6 3 8 4 8906
78. 17 ecc de P S 17 Dr ra e rer ua 28 i 35 E M 37 aL M 44 c T 44 meia d lanis ERES 44 E o NC RRDER SSSm7mTm 47 B Reo FQ 48 48 2 i 50 P sh ared Scar ch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1417 SR Research Report 2015 2 19 10 3 11 3 12 3 13 3 14 3 15 3 3 3 255 299 246 603 236 038 271 018 277 720 285 000 3 1 3 4 14 896 2 596 2 690 27 830 24 345 24 044 29 340 29 976 9 7 12 5 22 0 2 2 10 990 9 9 10 2 10 8 10 8 8 474 4 989 5 267 10 842 11 454 13 000 23 8 41 1 105 890 5 690 13 595 3 3 2 0 2 2 4 0 4 1 4 6 9 139 5 777 6 183 11 765 12 267 13 600 20 3 36 8 90 390 4 390 10 990 3 696 2 3 2 6 4 3 4 4
79. 10 10 5 15 30 20 2015 3 26 590 22 9 26 596 36 796 30 30 NTTT 45 500 ADA 9 0 42 800 ADA 3 39 10 12 8
80. 2017 3 2017 3 a i sh ared esearch z http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 1 ua s 1417 SR Research Report 2015 2 19 cli Er aj 310 000 2014 3 277 720 AHM 17 000 11 454 5 5 E 4 1 ROE 8 E 6 790 amp 2014 2 2014 2 6 u 130 1 529 ER u 10 CER 2014 2 7 2014 9 30 2013 10 2013 10 29 2014 3 2
81. 2 MIMO LTE 2x2MIMO 4x4MIMO LTE Advanced 8 8x8MIMO LTE MIMO 2x2MIMO 4x4MIMO Sh atrodi esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved z 1417 SR Research Report 2015 2 19 MIMO SR LTE LTE Advanced
82. ICT 2012 10 3 2 NTT 109 100 2 1 LTE 81 300 34 8 ICT a i sh ared Mesearch http www sharedresearch jp Copyri
83. 3 11 3 12 3 13 3 14 3 sin 8 350 8 850 8 459 7 796 7 841 7 549 6 907 6 400 1 6 6 0 4 4 7 8 0 6 3 7 8 5 7 3 4 950 5 750 5 239 4 846 4 801 4 639 4 277 4 000 0 596 16 2 8 9 7 5 0 9 3 4 7 8 6 5 3 400 3 100 3 220 2 950 3 040 2 910 2 630 2 400 4 5 8 8 3 9 8 4 3 1 4 3 9 6 8 7 SR Shared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 BNTTEAOS tm 2811 21m 20138 GE i aea oiiae a i BEFA aE Ch ARAIL tiig Ter TEDRENA iN MITEI Em e e a NTT SR 10 20
84. 1 4 2012 M amp A 2013 3 2013 5 10 2013 3 278 168 ADA 10 3 271 018 14 8 eM 10 842 ADA 105 8 11 765 ADA 90 3 4 200 29 2 LTE Wi Fi
85. 1 9437 119 NTT 4596 2014 3 4 1 4 2 3 u ICT 2014 5
86. 2014 3 3 2014 3 2 2013 11 7 2014 3 2 280 000 285 000 BE E 2 2013 10 29 2 137 917 ADA 2 8 119 746 ANDA 2 8 2 774 ADA 25 6 3 117 ADA 26 296 1 746
87. 3 546 ROA 3 6 2 4 2 2 2 6 4 1 ROE 5 7 3 7 3 3 4 1 6 7 65 196 66 5 65 3 60 0 63 0 SR 2011 3 3 2011 3 26 862 shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2015 2 B 19 2015 3 3 2015 3 3 2015 2 3 2015 3 3 2015 3 3 2014 12 2 2015 3 2 2015 3
88. 4 2013 4 30 2013 3 2013 3 271 000 265 000 AAA 10 8000 8 300 11 700 9 000 4 100 3 300 Dn D D D D D 101 mh HHHHHHHHHLH 19 01 HHHUUHHHHUHUHHHUHHHHHHHH 4 84 O uimladadgpulilillilibiB D pd ug 3 07 DUBBI 2 91 HHHHHHH HHH HHHHHH HH HHHHH HHHHHHHL HHHHH 0000000 0000000000 Ze HHHHHHHHHHHHHHHHHHH 1 67 0000000 000000000000 1 45 000000000 1 44 000000000 000 000 HHHH 00000 1 31 0 0000 HHHHHH 000 0000 HHHH HH HH 00000 HHHHHHHSRHH L 2014 3 ARTE Shared esearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 OPTOS Outside plant provisioning and intelligent operating systems
89. 2 6 4 4 ROE 4 696 5 7 3 7 3 3 4 1 7 1 1 59 1 59 1 60 1 56 1 66 1 59 50 690 50 613 63 662 64 579 291 9 278 396 235 1906 254 2 CF 0 21 0 15 0 04 0 18 18 596 19 796 13 2 15 3 EESTE TAES 0 1 0 1 0 0 0 1 51 3 52 7 49 3 53 0 SR 2011 3 3 SR
90. 0 20100 O00000 140 D 20140 HBHHHHH 90 0 HHHH 2012 10H 0000000 dnpnm aaa 2012H 10 HHHHHHHHHHH Lnnnnnn 000000000000000 000000000000000 p 0000000 ER e a LHHnh HH HHHHHI HHHHH 0000000000 000000 20100 100 0000 2014 3 http www sharedresearch jpD Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 NTT NTT NTT 1 NTT 3
91. 000 ADA 18 7 2012 M amp A 9 400 ADA 14 5 2013 3 1 2012 M amp A 2014 3 1 9 89 2013 3 1 1 4 4 783 A a P sh ared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 2 3 1 NTT 2 3 2013 3
92. 10 3 12 8 10 1 10 2 11 2 1 8 10 4 1 096 1 406 1 387 1 031 1 156 1 288 1 978 2 000 24 596 28 396 1 496 25 7 12 1 11 4 53 6 1 1 2 937 2 591 2 229 4 074 5 007 7 794 7 474 5 500 24 796 11 8 14 0 82 8 22 9 55 796 4 1 26 4 SR 20120 0 20130 0 0000000000 0000000000 000000 0 o E To oo 0000000 UMHHHUH HHHHHHH ET ELETETL oo TG o000m0000 E HL LL HHHHH 100Mbps 0 112 5Mbps 150Mbps i A 2013 3 A 2013 12 XD Du Xit E Ll 2011 11 m HHHHH SR i 0 24 4000 45 0000 0 55 3000 A 2012 9 LTHHHHHH tH gauaaaau A 2013 10 2014 3 HHHHHHH 800MHz T 9996 t2 inaug O 80 HHHHHHH 800MH T 98 PE 1HHzH 0 780 2014 A 2012 9 oo a 2 1G 1 7G 2 5G 94 0000 FDD LTEIHHHHHH A 2013 10 HHHH FDD 29 0000 A 2013 10 0 00 TOD 42 0000 A 2013 3 HHHH qo g 27 0000 2015 LTE LTE Advanced LTE Advanced LTE Advanced TITU G LTE 0 O US mda TCI
93. 4 5 8 5 440 31 3 277 720 2 5 247 743 29 976 2 2 10 8 18 521 6 7 11 454 5 6 4 1 12 267 4 3 4 4 7 186 71 1 123 138 2 8906 107 716 15 422 27 8 12 5 9 479 7 7 5 943 114 2 4 896 6 258 100 896 5 1 3 939 125 6 SR Research Report 15 3 161 862 2 5 145 584 16 278 9 1 10 1 9 121 5 6 7 057 18 7 4 4 7 342 19 8 4 5 5 261 3 3 2015 2 19 285 000 2 6906 253 300 31 700 5 896 11 1 18 600 6 5 13 000 13 5 4 6 13 600 10 9 4 8 9 200 28 0 SR 14 3 15 3 E173 P3 277 720 285 000 2 596 2 696 NTT 99 900 93 000 6 9 36 096 32 696 98 400 93 000 5 596 35 496 32 696 28 500 42 000 z 47 4 10 396 14 7 ICT 50 800 57 000 12 296 18 396 20 096 SR
94. 4 8 5 789 3 747 3 251 4 200 7 186 9 200 27 690 35 3 29 2 71 1 28 0 2 3 1 5 1 4 1 5 2 6 3 2 85 382 85 382 85 382 85 382 EPS 61 1 39 5 51 0 87 3 113 1 EPS DPS 20 0 20 0 20 0 30 0 BPS 1 197 8 1 218 4 1 257 7 1 362 6 19 040 20 485 14 850 17 627 B 60 366 66 154 82 708 78 647 102 745 107 924 126 542 126 009 30 510 30 092 29 225 29 559 12 604 12 396 13 481 16 839 2 446 3 297 3 507 3 583 HEAR 159 028 148 307 153 711 172 756 175 992 23 139 29 307 38 109 33 919 182 181 488 64 35 198 38 781 53 814 49 575 220 44 321 60 12 344 12 012 12 312 12 243 47 542 50 793 66 126 61 818 106 119 100 764 102 917 106 630 114 173 402 225 809 124 890 3 635 5 457 1 683 9 073 3 635 450 2 394 1 511 2 712 7 934 7 147 2 124 2 487
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98. ght C 2013 Shared Research Inc All Rights Reserved s 1417 SR Research Report 2015 2 19 M amp A 34 600 29 6 Wi F M amp A 45 800 22 5 ES ARUM d oc Erie OO SES E LLE EAS 2013 3 10 8 2012 3 0 6 18 497 ADA 1 5 1 NTT A 2 3 NTT 110
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