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30. 1 2 6 2 RFID 2 489 8 4 4 8 213 74 0 OEM ACHERNAR Sh aredd Mesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved i
31. 609 6 PJM 40 Stryker 15 7 709 Medtronic 6 PJM 80 PJM PJM Stryker 6 PJM 1 000 20 000 Stryker 6 PJM PJM Sh ared hesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved
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133. PJM Sh ared hesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 6287 SR Research Report 2015 4 14 a 2015 3 15 3 13 3 14 3 15 3 i 42 666 44 590 87 256 46 113 50 660 96 773 47 566 52 434 100 000 YoY 6 6 6 1 8 3 8 1 13 6 10 9 3 2 3 5 3 3 17 733 18 677 36 410 19 480 21 700 41 180 20 582 YoY 7 0 5 8 6 4 9 9 16 2 13 1 5 7 41 6 41 9 41 7 42 2 42 8 42 6 43 3 15 342 15 616 30 958 16 533 17 888 34 421 17 564 36 0 35 0 35 5 35 9 35 3 35 6 36 9 2 391 3 061 5 452 2 947 3 811 6 758 3 018 4 982 8 000 YoY 28 3 9 8 17 2 23 3 24 5 24 0 2 4 30 7 18 4 5 6 6 9 6 2 6 4 7 5 7 0 6 3 9 5 8 0 1 819 3 610 5 429 3 189 3 895 7 084 3 171 4 729 7 900 YoY 41 0 25 3 30 2 75 3 7 9 30 5 0 6 21 4 11 5 4 3 8 1 6 2 6 9 7 7 7 3 6 7 9 0 7 9 729 1 997 2 726 1 893 2 402 4 295 1 776 3 224 5 000 YoY 4 6 59 0 39 6 159 7 20 3 57
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155. 905 5 536 5 043 49 676 51 705 61 624 66 923 66 103 61 692 64 203 66 134 74 830 77 521 86 737 17 365 17 022 23442 27 049 27 023 21 285 22 748 26 247 33 621 27 405 31 346 4 908 5 301 DL 5 776 5 845 4 013 4 666 4 751 4 734 5 180 5 698 332 350 3 465 5 555 6 558 3 483 3 542 OS 9 889 3 954 4 137 521 673 2 062 2 366 2 408 4 489 5 469 4 957 5 036 9 911 8 656 35 18 8 2 000 2 000 1 377 1 800 6 041 3 256 17 887 17 696 25 504 29 415 29 431 25 774 28 218 31 204 38 657 37 316 40 002 31 785 34 008 36 119 37 508 36 671 35 918 35 985 34 929 74 830 40 205 46 734 332 350 3 500 5 573 6 566 5 483 5 542 6 950 11 689 9 995 7 393 11 280 9 884 7 250 4 771 4 468 5 331 8 231 3 914 1 067 2 675 10 367 2 329 3 498 2 683 4 278 2 424 2 361 2 387 5 084 1 834 3 058 6 105 5 400 1 444 1 698 1 968 2 287 2 571 2 620 2 418 2 074 1 930 1 941 2 179 2 400 61 197 232 214 131 116 247 819 933 1 100 EBIT DA 6 950 6 842 7 251 8 179 8 207 3 564 5 123 6 416 6 829 8 212 9 870 11 500 11 8 11 1 10 5 9 9 9 3 4 6 6 8 8 2 8 5 9 4 10 2 11 5 CF 4 141 2 873 4 801 2 912 4 108 4 994 5 860 1 595 4 434 3 793 10 589
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162. 3 9 22 5 5006 14 7 SR 5 RFID RFID RFID 2014 1 1 2020 2 5 RFTID sSh ared 1 ch lp http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 6287 SR Research Report 2015 4 14 RFID RFID RFTID RFID 2015 3 2 000 2018 3 10 000 2021 3 30 000 1 2 PJ
163. 5 429 7 084 7 900 YoY 12 0 2 1 1 7 1 6 13 4 92 59 527 8 65 4 12 9 30 2 30 5 11 5 8 8 8 6 7 8 6 6 5 4 0 5 3 0 4 7 5 2 6 2 7 3 7 9 2 790 3 012 2 646 2 389 2 062 2 050 781 503 1 953 2 726 4 295 5 000 YoY 38 1 8 0 12 2 9 7 13 7 0 6 61 9 35 62 288 3 39 6 57 6 16 4 4 7 4 9 3 8 2 9 2 3 2 6 1 0 0 6 2 4 3 1 4 4 5 0 31 370 31 381 31 414 32 001 32 001 32 004 32 001 32 001 32 001 32 001 33 408 EPS 91 96 84 76 67 67 26 17 65 91 142 156 89 96 82 128 154 DPS 28 30 31 32 33 33 33 34 35 37 40 42 BPS 1 013 1 084 1 150 1 205 1 196 1 190 1 192 1 157 1 201 1 331 1 455 33 084 33 542 40 870 44 404 44 329 36 912 41 125 39 841 44 632 46 690 53 647 11 612 10 234 10 750 10 344 11 034 10 814 13 773 10 864 12 756 12 670 17 760 14 112 14 319 18 169 20 639 20 334 15 304 16 346 17 253 19 611 20 942 22 390 5 700 7 581 10 144 11 476 11 127 9 172 7 860 8 065 8 287 8 680 2 12 778 14 278 15 181 16 821 15 846 15 815 14 994 17 908 17 702 18 694 20 337 1 799 2 354 3 589 3 112 3 115 2 034 1 875 1 845 6 590 6 600 7 708 2 014 1 530 1 983 2 584 2 811 6 931 6 208 6 538 5
164. 5 8 6 829 8 5 2 4 3 0 9 970 1 3 9 64 6 23 164 132 6 105 4 0 1 2 9 11 5 111 2 597 36 410 41 7 5 452 6 2 8 212 9 4 3 1 3 8 7 2 1 2 6 0 60 9 24 442 170 4 134 8 0 1 6 7 10 2 110 1 278 Copyright C 2013 Shared Research Inc All Rights Reserved 6287 SR Research Report 2015 4714 5 SW Strength Weakness Strengths DCS amp Labeling 40
165. 51 31 325 28 363 29 460 31 300 34 741 39 222 32 192 34 091 38 628 47 294 50 939 46 837 46 553 48 908 49 236 52 515 57559 YoY 10 1 4 9 11 7 19 6 6 4 11 0 4 2 4 6 2 8 8 3 10 9 3 3 10 5 3 5 5 7 6 1 6 2 4 7 0 6 5 2 3 7 4 7 5 4 0 3 8 1 11 5 38 3 65 5 7 0 24 59 6 13 7 2 6 0 1 20 6 26 8 12 1 10 5 3 7 9 7 16 0 4 7 15 0 9 5 3 9 6 2 11 0 12 9 9 8 5 9 13 3 22 4 7 7 8 1 0 6 5 1 0 7 6 7 9 6 26 865 28 422 30 593 35 890 37 857 32 399 31 279 33 018 34 217 36 410 41 180 YoY 12 1 5 8 7 6 17 3 5 5 14 4 3 5 5 6 3 6 6 4 13 1 45 6 46 0 44 4 43 5 43 1 41 5 41 8 42 1 42 5 41 7 42 6 5 506 5 144 5 222 5 695 5 404 730 2 574 4 226 4 652 5 452 6 758 8 000 5 898 5 342 5 104 5 372 4 987 2 885 3 020 3 853 4 299 4 737 5 114 5 300 587 494 464 611 567 1 801 414 328 393 697 1 812 2 800 YoY 14 0 6 6 1 5 9 1 5 1 86 5 252 6 64 2 10 1 17 2 24 0 18 4 26 6 9 4 4 5 5 3 7 2 42 1 4 7 27 6 11 6 10 2 8 0 3 6 31 7 7 2 19 8 77 4 160 0 54 5 9 4 8 3 7 6 6 9 6 2 0 9 3 4 5 4 5 8 6 2 7 0 8 0 12 1 10 6 9 6 9 5 8 3 5 0 5 3 6 4 6 9 7 3 7 5 5 8 4 4 3 0 2 4 2 0 8 6 2 3 1 8 2 1 3 1 6 4 5 200 5 309 5 400 5 484 4 750 356 2 235 3 696 4 171
166. 58 106 169 72 279 12 154 7 36 157 91 51 5 200 5 309 5 400 5 484 4 750 356 2 235 3 696 4 171 5 429 7 084 7 900 YoY 12 0 2 1 1 7 1 6 13 496 92 596 527 8 65 4 12 9 30 2 30 5 11 5 8 8 8 6 7 8 6 6 5 496 0 5 3 0 4 796 5 296 6 2 7 3 7 9 31 1 59 501 838 588 788 206 2 944 56 448 75 553 193 45 108 58 19 143 42 93 6 51 242 252 546 946 646 807 349 2 986 149 454 126 2 726 2 232 2 251 2 253 2 097 2 483 1 246 247 2 160 2 248 2 704 49 59 42 596 45 996 48 596 50 4 574 89 61 4 32 8 52 59 45 196 38 696 4 6 4 1 1 1 1 6 8 2 790 3 012 2 646 2 389 2 062 2 050 781 503 1 953 2 726 4 295 5 000 YoY 38 1 8 0 12 296 9 7 13 796 0 6 61 99 6 35 69 288 3 39 6 57 696 16 4 4 7 4 9 3 8 2 9 2 3 2 6 1 0 0 6 2 4 3 1 4 496 5 096 58 862 61 752 68 964 82 491 87 790 78 163 74 917 78 368 80 536 87 256 96 773 100 000 48 682 50 405 53 272 56 523 60 013 57 185 56 819 59 793 61 986 64 883 68 399 68 200 3 418 3 625 5 281 9 422 9 743 7 489 6 114 6 199 5 872 7 348 9 248 5 064 5 459 7 172 10 809 11 158 8 459 6 875 6 214 5 789 5 515 7 173 1 697 2 261 3 238 5 735 6 874 5 028 5 107 6 161 6 888 9 508 11 951 10 180 11 346 15 692 25 967 27 777 20 978 18 097 18 575 18 550 22
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170. 849 21 4 005 3 850 4 349 521 673 2 062 2 366 2 408 4 489 5 469 4 957 5 036 9 911 8 656 35 18 8 2 000 2 000 1 S77 1 800 6 041 3 256 478 1 141 1 306 1 627 2 042 2 889 29 197 1 591 1 829 1 811 1 613 1 719 1 696 1 268 1 324 2 159 492 476 436 519 589 398 609 578 341 504 352 17 887 17 696 25 504 29 415 29 431 25 774 28 218 31 204 38 657 37 316 40 002 31 785 34 008 36 119 37 508 36 671 35 918 35 985 34 929 74 830 40 205 46 734 6 331 6 331 6 331 6 331 6 331 6 331 6 331 6 331 6 331 6 331 7 361 5 790 5 791 5 798 5 799 5 799 5 799 5 799 5 799 5 799 Sh 28 6 819 22 041 24 143 24 918 26 333 27 481 28 539 28 327 27 837 28 907 30 577 33 557 1 561 1 534 1 454 2 059 2 953 3 457 3 457 3 458 3 459 3 460 52916 616 7 5 525 1 098 53 1 394 2 1 674 1 412 821 1 390 58 93 89 86 25 4 8 6 7 9 10 136 136 2 329 3 498 2 683 4 278 2 424 2 361 2 387 5 084 1 834 3 058 6 105 1 790 2 038 1 154 1 925 1 490 1 758 2 159 4 528 1 294 2 008 3 991 539 1 460 1 529 2 353 934 603 228 556 540 1 050 2 114 1 444 1 698 1 968 2 287 2 571 2 620 2 418 2 074 1 930 1 941 2 179 1 049 1 185 1 263 1 345 1 550 1 619 1 622 1 387 1 354 1 353 1 392 395 513
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174. esearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 6287 SR Research Report 2015 4714 1 2 2 ID
175. ghts Reserved 6287 SR Research Report 2015 4 14 E 2007 2008 2009 2010 SR mB toC Internet Share shared esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 6287 SR Research Report 2015 4 14 CO2
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178. onterra EcolabD 60 000 6 100 2014 10 28 2 SATO Global Solutions LLC 2015 1 2014 3 Sato Global Solutions 2021 3 40 000 2015 3
179. search Inc All Rights Reserved 6287 SR Research Report 2015 4714 M amp A 2006 Checkpoint Systems M amp A DCS amp Labeling M amp A M amp A M amp A Achernar M amp A

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