»ñ»º·ÁÀ®¡¢»ñ»º±¿ÍѤ½¤·¤Æ·ÐºÑŪÆÈΩ¤Ø¡ª¡ª¼Á¤Î¹â¤¤Åê»ñ¿®Â÷¤Ë¤è¤ë¡Ö¼é¤ê¡×¤Î±¿ÍѤÈÅê»ñ¤ÎËܼÁ¤ò¸«È´¤¤¤¿¡Ö¹¶¤á¡×¤ÎÅê»ñ¤Ë¤è¤ê¡¢À®²Ì¤ò¸ʬ¤Ëµý¼õ¤·¤Þ¤·¤ç¤¦¡ª¡ª

·ÐºÑ¤ÎÂ礭¤Ê¤¦¤Í¤ê¤È¤Ï¡©

¤µ¤ï¤«¤ßÅê¿®¤¬ÀßÄ걿ÍѤ¹¤ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Î±¿ÍÑ¥¹¥¿¥¤¥ë¤Ë¤Ï¡¢¡Ö·ÐºÑ¤ÎÂ礭¤Ê¤¦¤Í¤ê¤ò¤È¤é¤¨¤ÆÀè¼è¤êÅê»ñ¤¹¤ë¤³¤È¤ò±¿ÍѤδðËܤȤ·¡¢¤½¤Î»þÅÀ¤Ç¤â¤Ã¤È¤â³ä°Â¤È¹Í¤¨¤é¤ì¤ëÅê»ñÂоݤ˻ñ»º¤ò½¸ÃæÇÛʬ¤·¤Þ¤¹¡£¡×¤È¤¢¤ë¤¬¡¢¶ñÂÎŪ¤Ë¤Ï¤É¤Î¤è¤¦¤ÊÅê»ñ¹Ôư¤ò¤È¤ë¤³¤È¤Ç¤¢¤í¤¦¤«¡©
¡¡·ÐºÑ¤Î¤ª¤ª¤­¤Ê¤¦¤Í¤ê¤ò·Êµ¤½Û´Ä¤ÎÇȤȤȤ館¤¿¾ì¹ç¡¢°Ê²¼¤¬»Í¤Ä¤¬Í­Ì¾¤Ç¤¢¤ë¡£
  1. ¥­¥Á¥ó¤ÎÇȡʺ߸˽۴ĥµ¥¤¥¯¥ë¡££³Ç¯¡Ë
  2. ¥¸¥å¥°¥é¡¼¤ÎÇÈ¡ÊÀßÈ÷Åê»ñ¥µ¥¤¥¯¥ë¡££±£°Ç¯¡Ë
  3. ¥¯¥º¥Í¥Ã¥Ä¤ÎÇȡʣ²£°Ç¯¡©¡Ë
  4. ¥³¥ó¥É¥é¥Á¥§¥Õ¤ÎÇȡʣµ£°Ç¯¡©¡Ë
⤷¡¢Â¸ºß¤¬³ÎΩ¤µ¤ì¤Æ¤¤¤ë¤Î¤Ï£±¡¥¡¤£²¡¥¤Î¤ß¤Ç£³¡¥¥¯¥º¥Í¥Ã¥Ä¤ÎÇȤȣ´¡¥¥³¥ó¥É¥é¥Á¥§¥Õ¤ÎÇȤˤĤ¤¤Æ¤Ï¸ºß¼«ÂΤ¬°ìÈÌŪ¤Ë³ÎΩ¤µ¤ì¤¿¤Þ¤Ç¤Ï¤¤¤¨¤Ê¤¤¡£
¡¡¤³¤ì¤Þ¤Ç¤Ë¤µ¤ï¤«¤ßÅê¿®¼çºÅ¥»¥ß¥Ê¡¼¡Ê¡Ö¼«Î©¤·¤ÆÆ²¡¹¤ÈÀ¸¤­¤Æ¤æ¤³¤¦ÊÙ¶¯²ñ¡×¡¢¡ÖľÈÎ¥¯¥é¥ÖÊÙ¶¯²ñ¡×¡Ë¤ÇÇÒݤ·¤¿ÆâÍÆ¤òƧ¤Þ¤¨¤ë¤È¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤¬Âª¤¨¤ëÂ礭¤ÊÇȤȤ¤¤¦¤Î¤Ï¡Ö¥¸¥å¥°¥é¡¼¤ÎÇȡץì¥Ù¥ë°Ê¾å¤Î£±£°Ç¯Ä¶¤ÎÂçÇÈÆ°¤òÂоݤȤ·¤¿°Ê²¼¤ÎÅê»ñ¹Ôư¡¢¤¹¤Ê¤ï¤Á²¼¿Þ¤Î¤è¤¦¤Ë¤Ê¤ë¤Î¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤«¡©
¡¡¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎĶĹ´üÅê»ñÊý¿Ë

¡¡½Å¤Í¤Æ½ñ¤¯¤³¤È¤Ë¤Ê¤ë¤¬¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Î±¿ÍÑ¥¹¥¿¥¤¥ë¤Ï³ä°Â¤È»×¤ï¤ì¤ë»ñ»º¤Ø¤Î½¸ÃæÅê»ñ¤Ç¤¢¤ë¡£ÆüËܳô¼°¤Ë£±£°£°¡ó½¸ÃæÅê»ñ¤È¤Ê¤Ã¤Æ¤¤¤ë¤¬¡¢¤½¤ì¤Ï¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ç¤Ï·ÐºÑÊÑÆ°¥Ý¥¸¥·¥ç¥ó¤¬²¼¿Þ¤Î³ô¼°Åê»ñÎΰè¤Ë¤¢¤ë¤È¤Îǧ¼±¤òÈ¿±Ç¤·¤¿¤â¤Î¤Ç¤¢¤ë¡£º£¸å¡¢·Êµ¤¤¬²áÇ®Ãʳ¬¤Ë¤Ê¤ê¶âÍø¤¬¾å¾º¤¹¤ë¤È¡¢³ô¼°ÇäµÑ¤½¤·¤ÆºÄ·ô¤Ë¥·¥Õ¥È¤¹¤ë¤È¸«¹þ¤Þ¤ì¤ë¡£
¡¡¼¡¤Ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ï¹ñºÝ³ô¼°·¿¤Ç¤¢¤ê¡¢³°¹ñ»ñ»º¤Ø¤ÎÅê»ñ¤â²Äǽ¤Ç¤¢¤ë¤¬¡¢¤É¤Î¥¹¥Æ¡¼¥¸¤Ç³¤³°Åê»ñ¤ò¹Ô¤¦¤³¤È¤Ë¤Ê¤ë¤Î¤À¤í¤¦¤«¡©¤½¤ÎÅÀ¤Ë¤Ä¤¤¤Æ¤À¤¬¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ç¤Ï³¤³°Åê»ñ¤Ï¹ñÆâ¤«¤é¤ÎƨÈò¤È¤¤¤¦°ÌÃ֤Ť±¤Î¤è¤¦¤À¡£¤¹¤Ê¤ï¤Á¡¢³ô¼°¡¢ºÄ·ô¤È¤â¤Ë¥ê¥¹¥¯¤¬¹â¤¯¹ñÆâ¤ÇÅê»ñÀ褬¸«¤Ä¤±¤é¤ì¤Ê¤¤·Êµ¤¤¬ºÇ¤â²áÇ®¤·¤¿Ãʳ¬¤È¤Ê¤ê¡¢½é¤á¤ÆÅê»ñÂоݤθõÊä¤È¤Ê¤ë¤è¤¦¤Ç¤¢¤ë¡£¤½¤Î¤¿¤á¡¢³¤³°»ñ»º¤Ø¤ÎÅê»ñ¤Ï°ì»þŪ¤Ç¤¢¤ê´ü´Ö¸ÂÄê¤ÊÀ­¼Á¤òÍ­¤¹¤ë¤Ç¤¢¤í¤¦¡£¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ï°ÙÂØ¥ê¥¹¥¯¤ÎÂ礭¤µ¤ò´í×ü¤·¤Æ¤¤¤ë¤è¤¦¤Ç¤¢¤ê¡¢´û¤Ë¹­¤¯¹ñºÝŸ³«¤·¤Æ¤¤¤ëÆüËÜ´ë¶È³ô¼°¤Ø¤ÎÅê»ñ¤Ë¤è¤ê¼Â¼ÁŪ¤Ê¹ñºÝʬ»¶Åê»ñ¤¬¹Ô¤Ê¤¨¤ë¤È¤Î¹Í¤¨¤Ç°ìÄê¤Î¹çÍýÀ­¤Ïǧ¤á¤é¤ì¤ë¡£
¡¡¤½¤ì¤Ç¤Ï¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ç¤Ï¸½Ãʳ¬¤òĹ´üÇÈÆ°¤Î¤É¤ÎÎΰè¤Ë¤¢¤ë¤È¹Í¤¨¤Æ¤¤¤ë¤Ç¤¢¤í¤¦¤«¡©¤µ¤ï¤«¤ßÅê¿®¥»¥ß¥Ê¡¼¤Ê¤é¤Ó¤Ë¼ÂºÝ¤ÎÅê»ñ³èư¤«¤é´Õ¤ß¤ë¤Ë¾å¾º¤Î½é´üÃʳ¬¤Èª¤¨¤Æ¤¤¤ë¤³¤È¤Ï´Ö°ã¤¤¤Ê¤¤¡£¤½¤³¤Ç¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤¬Ç§¼±¤¹¤ë¸½¾õ¤ÎÎΰè¤ò³ÈÂ礹¤ë¤È°Ê²¼¤ÎÍѤËŸ³«¤µ¤ì¤ë¡£
¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Îû´üÅê»ñ¹Ôư

¡¡µÞÍî»þ¤ò³Ê¹¥¤Î»Å¹þ¤ß»þ´ü¤Èª¤¨¡¢Áê¾ì¾å¾ºÃʳ¬¤Ç¤Ï¥Û¡¼¥ë¥É¤·¡¢Áê¾ì²áÇ®Ãʳ¬¤Ç¤ÏÊÝÍ­³ô¤Î°ìÉôÇäµÑ¤ò´Þ¤á¤Æ¡¢¤¤¤Ä¤«¤ÏÍè¤ëµÞÍî»þ¤Î¹ØÆþ»ñ¶â¤òºî¤ëºî¶È¤òÃúÇ«¤Ë·«¤êÊÖ¤¹¤Î¤À¡£
¡¡£²£°£°£·Ç¯£¸·î£²£¶Æü¤Ë³«ºÅ¤µ¤ì¤¿¡Ö¼«Î©¤·¤ÆÆ²¡¹¤ÈÀ¸¤­¤Æ¤æ¤³¤¦ÊÙ¶¯²ñ in ÁÒÉߡפˤª¤¤¤Æ¡¢£²£°£°£·Ç¯£¸·î¤Ë¤ÏÁí»ñ»º¤Î£±£°¡ó°Ê¾å¤ËµÚ¤ÖÌó£²£·£°²¯±ß°Ê¾å¤Î³ô¼°¹ØÆþ¤ò¹Ô¤Ã¤¿¤ÈÊó¹ð¤¬¤¢¤Ã¤¿¡££²£°£°£·Ç¯£¸·î¤ÎµÞÍ¿Þ¤Ë¤ª¤±¤ë­£¤Î¾õÂ֤Ǥ¢¤ì¤Ð¹¬¤¤¤Ç¤¢¤ë¤¬¡¢¤¢¤ë¤¤¤Ï­¡¡¢­¢¤Î¾õÂ֤Ǥ¢¤ë²ÄǽÀ­¤â½½Ê¬¤¢¤ë¡£¸½Ãʳ¬¤Ç¤Ï·è¤·¤Æ¤ï¤«¤é¤Ê¤¤¤Î¤À¡£¤µ¤é¤Ë¡¢º£¸å­¤¤Î¾õÂ֤ˤޤǻê¤ë²ÄǽÀ­¤â¤¢¤ë¤Î¤À¡£¡¡¤·¤«¤·¡¢¼ê»ý¤Á»ñ¶â¤Çø¡¹¤È³ä°Â·ãÁªÌÃÊÁ¤Î¹ØÆþ¤ò³¤±¤ë¤³¤È¤ÇÊ¿¶Ññ²Á¤ò²¼¤²¡¢½Õ¤òÂÔ¤ÄÀïά¤È¤â¤¤¤¨¤ë¤Î¤À¡£Ä¹´üÅê»ñ²È¤Ë»Ù¤¨¤é¤ì¤ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Î¥¨¥ó¥È¥ê¡¼¤Ç¼¨¤·¤¿¤È¤ª¤ê¡¢²¼ÍîÁê¾ì¤Ë»ñ¶â¤ÎÄÉ²ÃÆþ¶â¤¬¤¢¤ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ê¤é¤Ç¤ÏÀïά¤È¤¤¤¨¤ë¡£
¢Í¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Î²Á³ÊÊÑÆ°Î¨
¢Í¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎÅê»ñÂоݤÎÁªÂò½Ñ¤Ø

Ä«ÆüNvest¥°¥í¡¼¥Ð¥ë¥Ð¥ê¥å¡¼¥ª¡¼¥×¥ó¤ÎÁÈÆþ¤ìÌÃÊÁ

¡¡¹ñºÝ³ô¼°¥¢¥¯¥Æ¥£¥Ö¥Õ¥¡¥ó¥É¤Ç¤¢¤ëÄ«ÆüNvest¥°¥í¡¼¥Ð¥ë¥Ð¥ê¥å¡¼¥ª¡¼¥×¥ó¡Ê°¦¾Î¡§Avest-E¡Ë¤ÏÅê»ñÂоݤȤ·¤Æ´ë¶È²ÁÃͤ«¤é£°¡Á£³£°¡óÄøÅÙ³ä°Âɾ²Á¤Î³ô¼°¤È¤·¤Æ¤¤¤ë¡£
¡¡¤½¤³¤Ç¡¢£²£°£°£·Ç¯£··î¤ÎÁÈÆþ¤ìÌÃÊÁ°Ûư¾õ¶·¤ò¸¡¾Ú¤·¤Æ¤ß¤ë¤³¤È¤Ë¤·¤¿¡£

ÁÈÆþ¤ìÌÃÊÁ¾å°Ì£±£°¼Ò¿ä°Ü
 2007ǯ7·îËö 2007ǯ6·îËö 
1UBS¡Ê¥¹¥¤¥¹¡¦¶âÍ»¡Ë3.7%¥¯¥ì¥Ç¥£¡¦¥¹¥¤¥¹3.3%
2¥°¥é¥¯¥½¡¦¥¹¥ß¥¹¥¯¥é¥¤¥ó¡Ê¥¤¥®¥ê¥¹¡¦°åÌôÉÊ¡Ë3.5%¥°¥é¥¯¥½¡¦¥¹¥ß¥¹¥¯¥é¥¤¥ó3.3%
3¥ª¥é¥¯¥ë¡Ê¥¢¥á¥ê¥«¡¦£É£Ô¡Ë3.4%UBS3.3%
4¥¹¥Ê¥Ã¥×¥ª¥ó¡Ê¥¢¥á¥ê¥«¡¦¥¢¥Ñ¥ì¥ë¡Ë3.4%¥ª¥é¥¯¥ë3.2%
5¥¯¥ì¥Ç¥£¡¦¥¹¥¤¥¹¡Ê¥¹¥¤¥¹¡¦¶âÍ»¡Ë3.3%¥À¥¤¥à¥é¡¼¥¯¥é¥¤¥¹¥é¡¼3.0%
6¥¨¥à¡¦¥¨¥ëŽ¥¥Ô¡¼¡Ê¥É¥¤¥Ä¡¦¶âÍ»¡Ë3.2%XTO¥¨¥Ê¥¸¡¼3.0%
7¥À¥¤¥à¥é¡¼¥¯¥é¥¤¥¹¥é¡¼¡Ê¥É¥¤¥Ä¡¦¼«Æ°¼Ö¡Ë3.0%Ž×ŽÎŽÞŽ×ŽÄŽØŽ¥ŽºŽ°ŽÌŽßޥ޵ŽÌŽÞޥޱŽÒި޶3.0%
8Ž×ŽÎŽÞŽ×ŽÄŽØŽ¥ŽºŽ°ŽÌŽßޥ޵ŽÌŽÞޥޱŽÒި޶¡Ê¥¢¥á¥ê¥«¡¦¥Ø¥ë¥¹¥±¥¢¡Ë3.0%¥¹¥Ê¥Ã¥×¥ª¥ó2.9%
9XTO¥¨¥Ê¥¸¡¼¡Ê¥¢¥á¥ê¥«¡¦¥¨¥Í¥ë¥®¡¼¡Ë3.0%¥¨¥à¡¦¥¨¥ëŽ¥¥Ô¡¼2.9%
10£Ó£Ë¥Æ¥ì¥³¥à¡Ê´Ú¹ñ¡¦ÄÌ¿®¡Ë2.9%¥Î¥Ð¥ë¥Æ¥£¥¹2.8%

¡¡£²£°£°£·Ç¯£··î¤Î£±¥ö·î´Ö¤ÎÅê»ñ¾õ¶·¤«¤é°Ê²¼¤ÎÆÃħ¤¬µó¤²¤é¤ì¤ë¡£
  1. ÁÈÆþ¤ìÂоÝÌÃÊÁ¤ÎÊÑÆ°¤Ï¤Û¤È¤ó¤ÉȯÀ¸¤·¤Æ¤¤¤Ê¤¤¡£
    £¶·îËö¤È£··îËö¤Ç¤Ï£±£°°Ì¤È£±£±°Ì¤Î£±ÌÃÊÁ¤ÎÆþÂØ¤ê¤Î¤ß¤Ç¤¢¤Ã¤¿¡£
  2. Åê»ñÂоݤϤ¤¤ï¤æ¤ëÂç´ë¶È¤Ç¹½À®¤µ¤ì¤Æ¤¤¤ë¡£
  3. ¸ÄÊÌÌÃÊÁ¤ËÂФ¹¤ëÅê»ñ³ä¹ç¤ÎÊÑÆ°¤â¤Û¤È¤ó¤É¤Ê¤¤¡£
¤Þ¤º¡¢·î¼¡±¿ÍÑ¥ì¥Ý¡¼¥È¤Ë¸ø³«¤µ¤ì¤ë¾å°Ì£²£°°Ì¤Þ¤Ç¤ËÈϰϤò³ÈÂ礷¤Æ¤âÆþÂØ¤ï¤ê¤Ï£±¼Ò¤Î¤ß¤Ç¤¢¤Ã¤¿¡£¹ØÆþÂоÝÌÃÊÁ¡ÊBuy List)¤Ï¡¢Åê»ñ¼Â¹Ô°ÊÁ°¤Ë³ÎÄêºÑ¡Ê£µ£°¡Á£¸£°ÌÃÊÁ¡Ë¤Ç¤¢¤ê¡¢¥Ð¥ê¥å¥¨¡¼¥·¥ç¥óÌ̤«¤é³ä°Â¤Ë¤Ê¤ë¤Þ¤ÇÂÔ¤Á¤Î»ÑÀª¤ÎÅê»ñ¥×¥í¥»¥¹¤Ï½å¼é¤µ¤ì¤Æ¤¤¤ë¤È¤¤¤¨¤ë¡£

¡¡£²¤Ë´Ø¤·¤Æ¤Ï¡¢£²£°£°£·Ç¯£¸·î¤Î¥»¥¾¥óÅê¿®¤ÎÁÈÆþÂоݤȤʤ俥Х󥬡¼¥ÉÊÆ¹ñ¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤ÈÈæ³Ó¤¹¤ë¤ÈÌÌÇò¤¤¡£¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤Ï¼çÍ×Åê»ñÂоݤòÃæ¾®·¿³ô¤È¤·¤Æ¤¤¤ë°ìÊý¡¢Avest-E¤ÏÂç´ë¶ÈÃæ¿´¤È¤Ê¤Ã¤Æ¤¤¤ë¡£°ÂÄê´¶¤«¤é¤¹¤ë¤ÈAvest-E¤ÎÊý¤¬°ìËç¤âÆóËç¤â¾å¤Ç¤¢¤ë¡£¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤ò¸ÄÊÌÅê»ñ¤¹¤ë¤³¤È¤Ï¤ªÁ¦¤á¤Ç¤­¤Ê¤¤¤¬¡¢Avest-E¤Ë´Ø¤·¤Æ¤Ï¸ÄÊÌ¤Ë¹ØÆþ¤¹¤ëÁªÂò»è¤â½½Ê¬¤Ë¹Í¤¨¤é¤ì¤ë¡£¤Á¤Ê¤ß¤Ë¥Þ¥Í¥Ã¥¯¥¹¾Ú·ô¡¢¤ª¤è¤Ó¥È¥è¥¿£Æ£Ó¾Ú·ô¤Ç¥Î¡¼¥í¡¼¥É¤Ç¹ØÆþ²Äǽ¤À¡£

¡¡ºÇ¸å¤Ë£³¤Ë´Ø¤·¤Æ¤Ï£¶·îËö¡Ê½ã»ñ»º¡§£´£¶£¶²¯¡Ë¤È£··îËö¡Ê½ã»ñ»º¡§£´£´£·²¯¡Ë¤Ç¤Ï½ã»ñ»º³Û¤ÎÊÑÆ°¤¬Â礭¤¯¤Ê¤«¤Ã¤¿¤¿¤á¡¢³ÆÌÃÊÁ¤Ë¤Ä¤¤¤Æ¹ØÆþ¡Ê¥¨¥ó¥È¥ê¡¼¡Ë¤«¤éÇäµÑ¡Ê¥¤¥°¥¸¥Ã¥È¡Ë¤Þ¤Ç¤ÎÇäÇã²ó¿ô¤¬³Æ¡¹£±²ó¤Ç¤¢¤ë¤Î¤«Ê£¿ô²ó¤Ëʬ³ä¤·¤Æ¤¤¤ë¤Î¤«¤Þ¤Ç¤Ï¤ï¤«¤é¤Ê¤«¤Ã¤¿¡£
¡¡¤Á¤Ê¤ß¤ËAvest-E¤Î±¿ÍÑÊó¹ð½ñ¤Ç¤ÏÁ°´ü¤ÎÇäÇã¹âÈæÎ¨¤¬£°¡¥£¸£°¡¢Á°¡¹´ü¤Ï£°¡¥£¸£·¤ÈÊó¹ð¤µ¤ì¤Æ¤¤¤ë¡£
¡¡¤³¤Î¤³¤È¤ÏƱ°ìÌÃÊÁ¤ÎÇäÇ㣱±ýÉü¤ËÌ󣲡¥£³¡Á£²¡¥£µÇ¯¤«¤«¤ë¤³¤È¤ò°ÕÌ£¤·¤Æ¤ª¤ê¡¢Åê»ñÊý¿Ë¤Îµ­ºÜ¡ÖÄ̾¡Á£³Ç¯´Ö¥Ý¡¼¥È¥Õ¥©¥ê¥ª¤ËÁÈÆþ¤ì¤Þ¤¹¡×¤È¹çÃפ·¤Æ¤¤¤ë¡£
¡¡Avest-E¤ÏÂç´ë¶ÈÃæ¿´¤ÎÌÃÊÁÁªÂò¤Ç¤¢¤ê¡¢¥ê¥¹¥¯¤¬Èæ³ÓŪ¾¯¤Ê¤¤¤ÈÁÛÄꤵ¤ì¤ë¤³¤È¡¢ºòº£¤Î±¿ÍѼÂÀÓ¤«¤éÅê»ñÊý¿Ë¤Ë°ì´ÓÀ­¤¬Ç§¤á¤é¤ì¤ë¤³¤È¤«¤é£Á£ö£å£ó£ô¡Ý£Å¤ò¹ñºÝʬ»¶Åê»ñ¤Î°ì´Ä¤È¤·¤Æ¡¢ÊÝÍ­¤¹¤ëÁªÂò»è¤ÏÍ­¸ú¤Ç¤Ï¤Ê¤¤¤Ç¤·¤ç¤¦¤«¡©
¢ÍAvest-E¤Î£¸·îËöÅê»ñ¾õ¶·¤Ø
¢ÍAvest-E¤ÎÅê¿®Êý¿Ë¤È¤Ï
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ì¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ì¼Ò²ñ¹×¸¥¥Õ¥¡¥ó¥É¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É£²£°£°£·Ç¯£¸·î¤Ë²áµîºÇ¹â¤ÎÇãÉռ»Ü

Ä«ÆüNvest¥°¥í¡¼¥Ð¥ë¥Ð¥ê¥å¡¼³ô¥ª¡¼¥×¥ó¤ÎÅê»ñÊý¿Ë

¡¡¤¢¤ê¤¬¤È¤¦Åê¿®¤¬ÀßÄê¡¢±¿ÍѤ¹¤ë¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ï£´¤Ä¤Î¥Õ¥¡¥ó¥É¤òÅê»ñÂоݤȤ·¤Æ¤¤¤ë¤¬¡¢¤½¤ÎÃæ¤Ç³°¹ñ³ô¼°¤ò±¿ÍÑÂоݤȤ·¤Æ¤¤¤ë¤Î¤¬¡¢¡ÖÄ«ÆüNvest¥°¥í¡¼¥Ð¥ë¥Ð¥ê¥å¡¼³ô¥ª¡¼¥×¥ó¡Ê°¦¾Î¡§£Á£ö£å£ó£ô¡Ý£Å¡Ë¡×¤Ç¤¢¤ë¡£¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ë¤ª¤±¤ëÅê»ñ³ä¹ç¤Ï°ì´Ó¤·¤Æ£²¡¥£±¡Á£³¡¥£¶¡ó¤Î´Ö¤Î¿ä°Ü¤È¤Ê¤ê¡Ê¾åÉô¼ÐÀþÉô¡Ë¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁ´ÂΤؤδóÍ¿ÅÙ¤ÏÂ礭¤¯¤Ê¤¤¡£
20070825160237.gif

Avest-E¤Ï³°¹ñ³ô¼°¥¢¥¯¥Æ¥£¥Ö¥Õ¥¡¥ó¥É¤Ç¤¢¤ë¤¿¤á¡¢¤Þ¤ºAvest-E¤ÎÅê»ñÊý¿Ë¤ò³Îǧ¤¹¤ë¡£
  1. ¥Ð¥ê¥å¡¼³ôÅê»ñ¤Çɾ²Á¤Î¹â¤¤Êƥϥꥹ¡¦¥¢¥½¥·¥¨¥¤¥Ä¼Ò¤Ø±¿Íѻؿޤò°ÑÂ÷
  2. ¿¿¤Î´ë¶È²ÁÃͤËÈæ¤Ù³ô²Á¤¬Ãø¤·¤¯³ä°Â¤Ê²Á³Ê¤ËÊüÃÖ¤µ¤ì¤Æ¤¤¤ëÌÃÊÁ¤òȯ·¡
    • ¥Õ¥ê¡¼¥­¥ã¥Ã¥·¥å¥Õ¥í¡¼ÁϽÐǽÎÏ
    • Íø±×À®Ä¹¤ÎÀøºßǽÎÏ
    • ¶È³¦¤Ë¤ª¤±¤ë¶¥ÁèÎϡʥ֥é¥ó¥ÉÎÏ¡Ë
    • ·Ð±Ä¿Ø¤Ë¤ª¤±¤ë³ô¼°½êÍ­¾õ¶·
  3. ¹ØÆþ¥¿¡¼¥²¥Ã¥È²Á³Ê(70%)¤ÈÇäµÑ¥¿¡¼¥²¥Ã¥È²Á³Ê(100%)¤ÎÌܽè¤òÌÀ¼¨
´ë¶È²ÁÃͤ«¤é¤Î³ä°ÂÅÙ¤ËÃåÌܤ¹¤ëŵ·¿Åª¤Ê¥Ð¥ê¥å¡¼Åê»ñ¥¹¥¿¥¤¥ë¤òºÎÍѤ·¡¢¥­¥ã¥Ã¥·¥å¥Õ¥í¡¼¡¢Íø±×À®Ä¹¡¢´ë¶È¤Î»ö¶È´Ä¶­¤ò½Å»ë¤¹¤ë¤³¤È¤Ê¤É¡¢°ìÈÌŪ¤Ê¥Ð¥ê¥å¡¼¥¢¥×¥í¡¼¥Á¤Ë¤ÆÅê»ñ¤¹¤ë¤³¤È¤¬ÆÉ¤ß¼è¤ì¤ë¡£
¡¡Avest-E¤ÎÅê»ñÊý¿Ë¤ÎºÇÂç¤ÎÆÃħ¤Ï²¿¤È¤¤¤Ã¤Æ¤â¹ØÆþ¥¿¡¼¥²¥Ã¥È²Á³Ê(´ë¶È²ÁÃͤÎ70%)¤ÈÇäµÑ¥¿¡¼¥²¥Ã¥È²Á³Ê¡Ê´ë¶È²ÁÃͤÎ100%¡Ë¤ÎÀë¸À¤Ë¤¢¤ë¡£
¡¡³ô²Á¥Ð¥ê¥å¡¼¥¨¡¼¥·¥ç¥ó¤ÏÁê¾ìÊÑÆ°¤Ë¤è¤ê¾å¤Ë¤â²¼¤Ë¤â¹Ô¤­²á¤®¤ë¤³¤È¤¬Ä̾ï¤Ç¤¢¤ë¤³¤È¤Ï³§¤µ¤ó¤â´¶³ÐŪ¤Ëª¤¨¤Æ¤¤¤ë¤³¤È¤Ç¤¢¤í¤¦¡£
¡¡Avest-E¤Ï£³³ä³ä°Â¾õÂÖ¤ò³ô¼°»ÅÆþ»þ´ü¤Ë¡¢ÀµÅöɾ²ÁÃʳ¬¤ò³ô¼°ÇäµÑ»þ´ü¤È¤·¤Æ¤¤¤ë¡£¸À¤¤´¹¤¨¤ë¤È¡¢Áê¾ì²áÇ®¥¹¥Æ¡¼¥¸¤Ï»ÅÆþ¶Ì¤ÎÍø±×³ÎÄê¹Ô°Ù¤â´Þ¤á¤Æ¡¢Åê»ñ¥¹¥Æ¡¼¥¸¤È¸«¤Ê¤µ¤Ê¤¤¤È°ÕÌ£¤Ç¤¢¤ê¡¢¶Ë¤á¤Æ°ÂÁ´¥µ¥¤¥É¤ÎÅê»ñ¹Ôư¤ò¹Ô¤¦»Ý¤òÀë¸À¤·¤Æ¤¤¤ë¤Î¤Ç¤¢¤ë¡£Åê»ñ¥¤¥á¡¼¥¸¤È¤·¤Æ¤Ï²¼¿Þ¤ÎÄ̤ê¤È¤Ê¤ë¤Î¤Ç¤¢¤í¤¦¤«¡©
20070825172740.gif

¡¡¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤¬¿ô¤¢¤ë¥¢¥¯¥Æ¥£¥Ö¥Õ¥¡¥ó¥É¤ÎÃæ¤Ç¤âAvest-E¤òÁÈÆþ¤ìÂоݤȤ·¤¿¤Î¤Ï°ÂÁ´¥µ¥¤¥É¤ÎÅê»ñ¹Ôư¤òºÎÍѤˤȤâ¤Ê¤¦°ÂÄêÀ­¤òÁÀ¤Ã¤Æ¤¤¤ë¤Î¤«¤âÃΤì¤Þ¤»¤ó¡£
¢ÍAvest-E£··îËöÅê»ñ¾õ¶·¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ì¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ì¼Ò²ñ¹×¸¥¥Õ¥¡¥ó¥É¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É£²£°£°£·Ç¯£¸·î¤Ë²áµîºÇ¹â¤ÎÇãÉռ»Ü

Ĺ´üÅê»ñ²È¤Ë»Ù¤¨¤é¤ì¤ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É

¤µ¤ï¤«¤ßÅê¿®¤¬±¿ÍѤ¹¤ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ï²¼ÍîÁê¾ì¤Ë¤ª¤¤¤Æ¡¢Ä¹´üÅê»ñ²È¤«¤éÇ㤤»Ù¤¨¤¬¤¬Æþ¤ë¥Õ¥¡¥ó¥É¤È¤·¤ÆÍ­Ì¾¤Ç¤¢¤ë¡£2007ǯ7·î°Ê¹ß¤Î²¼ÍîÁê¾ì¤Ë¤ª¤¤¤Æ¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ø¤Î¹ØÆþ°ÕÍߤò¸ý¿ôÁý²Ã¿ô¤Ç¼Â¬¤·¤Æ¤ß¤ë¤È¡¢°Ê²¼¤Î·ë²Ì¤È¤Ê¤Ã¤¿¡£


¤Ê¤ª¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¡ÊÀÖÀþ¡Ë¤ÎËè·îÃæ½Ü¤ÎÃʰ㤤¤Î¸ý¿ôÁý²Ã¤ÏÄê´üÀÑΩ¹ØÆþÆü¤Ç¤¢¤êÆÃ°ÛÆü¤Ç¤¢¤ë¡£¤Þ¤¿¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¡Ê¹õÀþ¡Ë¤Ë¤âÄê´üÀÑΩ¤Ë¤è¤ëÆÃ°ÛÆü¤¬¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Û¤É±ÔÍø¤Ç¤Ê¤¤¤¬¡¢´Ñ»¡¤µ¤ì¤ë¡£
£··î²¼½Ü°Ê¹ß¤Î²¼ÍîÁê¾ì¤Ë¤ª¤¤¤Æ¡¢¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎÁý²Ã¸ý¿ô¤¬°ÛÍͤʤۤɤËÂ礭¤¤¡£
¤³¤ì¤Ï¡¢²¼ÍîÁê¾ì¤Ë¤ª¤¤¤ÆÃø¤·¤¤Ç㤤¤¬Æþ¤Ã¤Æ¤¤¤ë¤³¤È¤ò¼¨¤·¤Æ¤¤¤ë¡£

¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎÆüÊÌÁý²Ã¸ý¿ô¤Ê¤é¤Ó¤ËÁ°ÆüÈæÆ­ÍîΨ
 Áý²Ã¸ý¿ô(²¯¸ý)Á°ÆüÈæÆ­ÍîΨ(%)
2007ǯ8·î13Æü+1.3²¯¸ý-0.18%
2007ǯ8·î14Æü+1.3²¯¸ý0.32%
2007ǯ8·î15Æü+1.7²¯¸ý-1.94%
2007ǯ8·î16Æü+1.5²¯¸ý-1.98%
2007ǯ8·î17Æü+1.84²¯¸ý-5.81%
2007ǯ8·î20Æü+4.9²¯¸ý2.46%
2007ǯ8·î21Æü+3.52²¯¸ý1.60%

¡¡
ºÇÂç¤Î²¼¤²Éý¤òµ­Ï¿¤·¤¿8·î17Æü(¶â)¤ÎÍâ±Ä¶ÈÆü¤Ë£´¡¥£¹²¯¸ý¤ÎÁý²Ã¤ÈÁ°½µÊ¿¶Ñ¤Î£±²¯¸ýÂæ¤«¤éÂçÉý¤ÊÁý²Ã¤òµ­Ï¿¤·¤Æ¤¤¤ë¡£¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎÇãÉÕÆü¤Ï¿½¹þÆü¤ÎÍâ±Ä¶ÈÆü¤È¤Ê¤ë¤¿¤á¡¢¼ÂºÝ¤Ë¤Ï8·î17Æü(¶â)¤Î¼è°ú»þ´ÖÃæ¡¢¤¹¤Ê¤ï¤ÁÆü·ÐÊ¿¶Ñ800±ß²¼¤²¤Æ¤¤¤ëºÇÃæ¤ËÄ̾ï¤Î£³ÇܶᤤÇãÉÕ¿½¹þ¤¬¤¢¤Ã¤¿¤Î¤Ç¤¢¤ë¡£
¡¡¤³¤ÎÇãÉÕ°ÒÎϤ³¤½¤¬¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Î¿¿¿ñ¤Ç¤¢¤ê¡¢Ä¹´üÅê»ñ²È¤È°ìÂÎ¤Ë¹ÔÆ°¤Ç¤­¤ë¤¹¤Ð¤é¤·¤¤¥Õ¥¡¥ó¥É¤Ç¤¢¤ë¤³¤È¤ò¼¨¤·¤Æ¤¤¤ë¡£
¡¡²¾¤Ëº£²ó¤Î²¼Íî¤ÇÇãÉÕ¤¹¤ëͦµ¤¤¬¤Ê¤«¤Ã¤¿¤È¤·¤Æ¤â¡¢Â¾¤ÎĹ´üÅê»ñ²È¤¬»ñ¶â¤òÅêÆþ¤·¤Æ¤¯¤ì¤ë¤Î¤À¡£¤Þ¤¿¡¢Æ±»þ¤Ë¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É±¿ÍѦ¤â³ô¼°¤ò¹ØÆþ¤·¤Æ¤¤¤ë¡Ê¤Ï¤º¡Ë¤Ê¤Î¤À¡£
¡¡¤½¤·¤Æ¡¢µ¨Àá¤Î°Ü¤êÊѤï¤ê¤Î¤è¤¦¤Ë¤¤¤Ä¤«¤ÏÅߡʲ¼ÍîÁê¾ì¡Ë¤¬½ª¤ï¤ê½Õ¡Ê¾å¾ºÁê¾ì¡Ë¤¬Ë¬¤ì¤¿¤È¤­¤Ë¤Ï¡¢Í¦µ¤¤¬¤Ê¤«¤Ã¤¿¿Í¤Ë¤âÅù¤·¤¯´ð½à²Á³Û¾å¾º¤Î²¸·Ã¤ò¼õ¤±¤ë¤³¤È¤¬¤Ç¤­¤ë¤Î¤À¡£¤Ê¤ó¤ÆÁÇÀ²¤é¤·¤¤¤³¤È¤Ç¤¢¤í¤¦¤«¡ª
¡¡¤³¤ì¤³¤½¤¬¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ç¤âÁÈÆþ¤ìÂоݥե¡¥ó¥É¤È¤¹¤ë¾ò·ï¤Î°ì¤Ä¡¢£³¡¥Ç®¤¤¥µ¥Ý¡¼¥¿¡¼¤¬¤Ä¤¤¤Æ¤¤¤ë¤³¤È¡Ê·Ñ³Ū¤Ê»ñ¶âήÆþ¤¬¸«¹þ¤á¤ë¤³¤È¡Ë¤Î¿¿°Õ¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤«¡£
¢Í·ÐºÑ¤ÎÂ礭¤Ê¤¦¤Í¤ê¤òª¤¨¤ë¤È¤Ï¡©
¢ÍÄê´üÄê³ÛÇãÉդˤè¤ë±Æ¶ÁÅ٤ϡ©
¢Í¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¾ðÊó¤ØÌá¤ë

¥Ö¥í¥°¥é¥ó¥­¥ó¥°¡¦¤Ë¤Û¤ó¥Ö¥í¥°Â¼¤Ø
¥Ö¥í¥°¥é¥ó¥­¥ó¥°¤Ë»²²Ã¤·¤Æ¤¤¤Þ¤¹¿Íµ¤¥Ö¥í¥°¥é¥ó¥­¥ó¥°¾®¡ÊÀÄ¡Ë

¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤ÎÁÈÆþ¤ì¥Õ¥¡¥ó¥É¡Ê¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥ÉF¡Ë

¤¢¤ê¤¬¤È¤¦Åê¿®¤¬±¿ÍÑÀßÄꤹ¤ë¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ï¡É¥Õ¥¡¥ó¥É¤ÎÊõÀÐÈ¢¡É¤ÈÌÃÂǤÁ¡¢2007ǯ8·î¸½ºß¤Ç¤Ï£´¥Õ¥¡¥ó¥É¤òÁÈÆþ¤ì¤Æ¤¤¤ë¡£
¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤Ë¤Ä¤¤¤Æ¤ÏÊÌ¥¨¥ó¥È¥ê¡¼¤Ç¤â¼è¤ê¾å¤²¤Æ¤¤¤ë¤¿¤á¡¢º£²ó¤ÏÅê»ñÈæÎ¨Â裲°Ì¤Î¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¤Ë¾ÇÅÀ¤òÅö¤Æ¤Æ¤ß¤¿¤¤¡£
¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¤ÎÂåɽŪÆÃħ¤È¤·¤Æ¡¢°Ê²¼¤Î£²ÅÀ¤¬¤¢¤²¤é¤ì¤ë¡£
¡¡£±ÅÀÌܤȤ·¤Æ¡¢¥Õ¥¡¥ó¥É¤ÎÅê»ñÂоݤª¤è¤ÓÅê»ñ³ä¹ç¤Ï¥È¥è¥¿¼«Æ°¼Ö¤Î³ô¼°¡Ê£·£²£°£³¡Ë¤ËÌó£µ£°¡ó¡¢¥È¥è¥¿¥°¥ë¡¼¥×¤ÎÅì¾Ú°ìÉô¾å¾ì£±£¸¼Ò¤Î³ô¼°¤ËÌó£µ£°¡ó¤Èµ¬Â§Åª¤ËÄê¤á¤é¤ì¤Æ¤ª¤ê¡¢¥Õ¥¡¥ó¥É±¿ÍѤˤª¤±¤ëȽÃǤÎ;ÃϤ¬Ë³¤·¤¤¤³¤È¤Ç¤¢¤ë¡£¤¹¤Ê¤ï¤Á¡¢Æü¾ï¤Î±¿ÍÑ³èÆ°¤Ï¸½¶âÆþ½Ð¶â¤Î¥³¥ó¥È¥í¡¼¥ë¤ª¤è¤Ó¥ê¥Ð¥é¥ó¥¹¤¬¼çÂΤȤʤë¤Ç¤¢¤í¤¦¡£
¡¡£²ÅÀÌܤȤ·¤Æ¤Ï¡Ö£Æ¡×¤¬¤Ä¤¤¤Æ¤¤¤ë¤³¤È¤Ç¤¢¤ë¡£¤³¤ì¤Ï¡¢¸øÊç¥Õ¥¡¥ó¥É¤Ç¤¢¤ë¡Ö¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É¡×¤È°Û¤Ê¤ê¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ø¤ÎÁÈÆþÂоݤȤ·¤Æ¤¤¤ë¤Î¤Ï¡Ö¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¡×¡ÊŬ³Êµ¡´ØÅê»ñ²È»äÊç¡Ë¤È¤¤¤¦°Û¤Ê¤ë¥Ù¥Ó¡¼¥Õ¥¡¥ó¥É¤Ç¤¢¤ë¤³¤È¤ò°ÕÌ£¤·¤Æ¤¤¤ë¡£Î¾¥Õ¥¡¥ó¥É¤Ï¶¦Ä̤Ρ֥ȥ西¥°¥ë¡¼¥×³ô¼°¥Þ¥¶¡¼¥Õ¥¡¥ó¥É¼õ±×¾Ú·ô¡×¤Î¤ß¤òÅê»ñÂоݤȤ·¤Æ¤¤¤ë¤¿¤á¡¢Åê»ñÂоݤª¤è¤Ó³ä¹ç¤Ï¸½¶â±¿ÍÑÉôʬ¤ò½ü¤­¡¢º¹°Û¤Ï¤Ê¤¤¡£
¡¡¤½¤ÎºÇÂç¤Îº¹°Û¤Ï¿½¹þ¼ê¿ôÎÁ¤È¿®Â÷Ê󽷤Ǥ¢¤ê¡¢²¼É½¤ÎÄ̤ê¡Ö¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¡×¤ÎÊý¤¬¤«¤Ê¤êÍ­Íø¤Ç¤¢¤ë¡£¡Ö¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É¡×ñÂΤò¥Î¡¼¥í¡¼¥É¹ØÆþ¤Ç¤­¤ëÈÎÇä²ñ¼Ò¤Ï¸½ºß¤Î¤È¤³¤í¸«¤¢¤¿¤é¤Ê¤¤¡£
¥Ù¥Ó¡¼¥Õ¥¡¥ó¥É̾¿½¹þ¼ê¿ôÎÁ(%)¿®Â÷Êó½·(%/ǯ)

¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ
0%0.378%
¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É0.525¡Á1.575%0.7245%
¡Ê»²¹Í¡Ë£Ä£Ã¥È¥è¥¿¥°¥ë¡¼¥×¥Õ¥¡¥ó¥É0%0.7245%


°ìÊý¡¢¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É¤¬ÏÃÂê¤Ë¾å¤ë¤È¤­¤Ë¤Ï¼¡¤Ë¤¢¤²¤ë¤è¤¦¤ÊÈãȽ¤â¤è¤¯¼ª¤Ë¤¹¤ë¡£
£±¡Ë¥È¥è¥¿¥°¥ë¡¼¥×¤Î¤ß¤òÅê»ñÂоݤȤ¹¤ë¤Î¤Ïʬ»¶Åê»ñ¤È¤¤¤¦Åê»ñ¿®Â÷¤ÎºÇÂç¤ÎÍøÅÀ¤òÊü´þ¤·¤Æ¤¤¤ë¤Î¤Ç¤Ï¤Ê¤¤¤«¡©
£²¡Ë¥È¥è¥¿¼«Æ°¼Ö³ô¼°¤Ë£µ£°¡óÅê»ñ¤·¤Æ¤¤¤ë¤¿¤áÁê´Ø´Ø·¸¤¬Â礭¤¤¡£¥È¥è¥¿¸½Êª³ô¤òÊÝÍ­¤¹¤ëÊý¤¬ÊÝÍ­¥³¥¹¥È¤Î´ÑÅÀ¤«¤éÍ­Íø¤Ç¤Ï¤Ê¤¤¤«¡©

¡¡Åê»ñ¿®Â÷¤ÎÍøÅÀ¤Ç¤¢¤ëʬ»¶Åê»ñ¸ú²Ì¤ÏÁê´Ø·¸¿ô¤¬¹â¤¤¤¿¤á¡¢¼º¤ï¤ì¤¿¤ï¤±¤Ç¤Ï¤Ê¤¤¤¬Í­¸ú¤ÈȽÃǤ¹¤ë¤³¤È¤Ï¤Ç¤­¤Ê¤¤¡£
¡¡¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Î¹ØÆþ¤Ï¥È¥è¥¿¥°¥ë¡¼¥×¤Ë½¸ÃæÅê»ñ¤¹¤ë¤³¤È¤Ë¤Ê¤ëÅÀ¤Ï´Ö°ã¤¤¤Ê¤¤¡£½¾¤Ã¤Æ¡¢¤³¤ì¤ò²Á³ÊÊÑÆ°¥ê¥¹¥¯¤¬ÁýÂ礹¤ë¤È¤·¤Æ·ù¤¦¾ì¹ç¤Ë¤Ï¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤òÅê»ñÂоݤȤ·¤Æ¹Í¤¨¤ë¤Ù¤­¤Ç¤Ï¤Ê¤¤¡£¸½ºß¤Î¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤ØÅê»ñ¤¹¤ë¤³¤È¤Ï¥È¥è¥¿¼«Æ°¼Ö¡Ê£·£²£°£³¡Ë£±ÌÃÊÁ¤Ë£±£°¡ó°Ê¾åÅê»ñ¤¹¤ë¤³¤È¤ÈƱ°Õ¤Ç¤¢¤ë¡£
¡¡
ľ¶á£³¥ö·î¡Ê¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É¤È¥È¥è¥¿¼«Æ°¼Ö¡Ê£·£²£°£³¡Ë¡Ë
20070821000429.gif

ľ¶á£²Ç¯
20070821000418.gif


¡¡¤½¤ì¤Ç¤Ï¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ï¤Ê¤¼¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¤òÁÈÆþ¤Æ¤¤¤ë¤Î¤Ç¤¢¤í¤¦¤«¡©Ä¾ÀܤÎÌÀ³Î¤Ê¥á¥Ã¥»¡¼¥¸¤Ïȯ¤»¤é¤ì¤Æ¤¤¤Ê¤¤¤¬¡¢ÁÈÆþ¤ì¥Õ¥¡¥ó¥É¤ÎÁªÄêÊý¿Ë¤¬£³ÅÀÀë¸À¤µ¤ì¤Æ¤¤¤ë¡£
£±¡¥±¿ÍÑÊý¿Ë¤¬ÌÀ³Î¤Ç°ì´ÓÀ­¤¬¤¢¤ë¤³¤È
£²¡¥±¿ÍÑÊý¿Ë¤Ë±è¤Ã¤¿Í¥¤ì¤¿±¿ÍÑÀ®ÀÓ¤ò¤¢¤²¤Æ¤¤¤ë¤³¤È
£³¡¥Ç®¤¤¥µ¥Ý¡¼¥¿¡¼¤¬¤Ä¤¤¤Æ¤¤¤ë¤³¤È¡Ê·Ñ³Ū¤Ê»ñ¶âήÆþ¤¬¸«¹þ¤á¤ë¤³¤È¡Ë
¡¡ÁªÄêÊý¿Ë¤òÆÉ¤à¤È¡¢¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É£Æ¤ÎÁÈÆþ¤ì¤âǼÆÀ¤Ç¤­¤ë¤Î¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤«¡©¥È¥è¥¿¥°¥ë¡¼¥×¼Ò°÷¤Ë¤è¤ë¡Ö¥È¥è¥¿¥°¥ë¡¼¥×³ô¼°¥Õ¥¡¥ó¥É¡×¤Î·Ñ³Ū¹ØÆþ¤â¸«¹þ¤á¤ë¤À¤í¤¦¡£

¡¡¤µ¤é¤Ë¤¤¤¨¤Ð¡ÖÀ¤³¦Í­¿ô¤Î´ë¶È¥°¥ë¡¼¥×¤Ç¤¢¤ë¥È¥è¥¿¥°¥ë¡¼¥×¤ÎÀ®Ä¹¤Ë¤Þ¤ë¤´¤È¾è¤ë¡×¤È¤¤¤¦¤è¤¦¤Ê¡ÖÅê»ñ¿´¡×¤Î·ÁÀ®¤¬µá¤á¤é¤ì¤Æ¤¤¤ë¤Î¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤«¡©
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ìÄ«ÆüNvest-E¥°¥í¡¼¥Ð¥ë¥Ð¥ê¥å¡¼³ô¥Õ¥¡¥ó¥É¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥ÉÁÈÆþ¤ì¼Ò²ñ¹×¸¥¥Õ¥¡¥ó¥É¾ðÊó¤Ø
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É£²£°£°£·Ç¯£¸·î¤Ë²áµîºÇ¹â¤ÎÇãÉռ»Ü

¥Ð¥ó¥¬¡¼¥ÉÊÆ¹ñ¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤Î£··îËö±¿ÍÑÊó¹ð

¡¡¥»¥¾¥óÅê¿®¤¬±¿ÍѤ¹¤ë»ñ»º·ÁÀ®¤Îã¿Í¥Õ¥¡¥ó¥É¤Ë¿·µ¬ÁÈÆþ¤ì¤¬È¯É½¤µ¤ì¤Æ¤¤¤ë¥Ð¥ó¥¬¡¼¥ÉÊÆ¹ñ¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤Ë´Ø¤·¤Æ¡¢¥Ð¥ó¥¬¡¼¥É¼Ò£È£Ð¤Ë£²£°£°£·Ç¯£··îËö¤Î¥Õ¥¡¥¯¥È¥·¡¼¥È¤¬¸øÉ½¤µ¤ì¤Æ¤¤¤ë¡££²£°£°£·Ç¯£¶·îËö¼ÂÀÓ¡ÊÁ°²ó¥¨¥ó¥È¥ê¡¼¡Ë¤«¤é¤Î±¿ÍѾõ¶·¤òƧ¤Þ¤¨¡¢Åö¥Õ¥¡¥ó¥É¤ÎÆÃħ¤ò¸«¤Æ¤ß¤ë¤³¤È¤Ë¤·¤è¤¦¡£
¡¡¤Þ¤º¡¢Æ­ÍîΨ¤ò¥Ð¥ó¥¬¡¼¥É¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¤Î¥Ù¥ó¥Á¥Þ¡¼¥¯¤Ç¤¢¤ëRussel3000¤ÈÈæ³Ó¤¹¤ë¤È¡¢£²£°£°£·Ç¯£¶·îËö¤ÈƱÍͤˡÊÁ°²ó¤Ï£Ó£Ð£µ£°£°¥Õ¥¡¥ó¥É¤ÈÈæ³Ó¡Ë¡¢°ú¤­Â³¤­»Ô¾ì¥¤¥ó¥Ç¥Ã¥¯¥¹¤ËÂФ·¤Æ¡¢¥¢¥¦¥È¥Ñ¥Õ¥©¡¼¥à¤¹¤ë¾õÂÖ¤¬·Ñ³¤·¤Æ¤ª¤ê¡¢ÂçÊÑ´î¤Ð¤·¤¤¤³¤È¤Ç¤¢¤ë¡£

¥Õ¥¡¥ó¥ÉÆ­ÍîΨ¡Ê¡ó¡Ë£±Ç¯°Ê¾å¤Ïǯʿ¶ÑΨ
 ¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É¥é¥Ã¥»¥ë3000
ľ¶á£±¥ö·î-1.05%-3.41%
ľ¶á£¶¥ö·î3.13%1.53%
£±Ç¯28.72%16.08%
£³Ç¯17.84%12.58%
£µÇ¯24.53%12.60%

Åê»ñÂоݴë¶È¾å°Ì10¼Ò
 2007ǯ6·îËöÅê»ñ³ä¹ç2007ǯ7·îËöÅê»ñ³ä¹ç
1Conceptus, Inc.4.1%Opsware, Inc.4.8%
2Opsware, Inc.3.6%ASML Holding (New York)3.8%
3ASML Holding (New York)3.5%Conceptus, Inc.3.8%
4NVIDIA Corp3.3%NVIDIA Corp3.2%
5Biogen Idec Inc.2.7%Eli Lilly & Co.2.5%
6Eli Lilly & Co.2.4%Applied Biosystems Group2.3%
7Stratasys, Inc.2.1%Biogen Idec Inc.2.3%
8Potash Corp. of Saskatchewan, Inc.2.1%Minerals Technologies, Inc.2.0%
9Applied Biosystems Group2.1%Stratasys, Inc.2.0%
10Minerals Technologies, Inc.2.0%TJX Cos., Inc.2.0%
£²£°£°£·Ç¯£··îËö»þÅÀ¤ÎÅê»ñÂоݴë¶ÈÀè¤Ï£±£²£±¼Ò

¡¡¼¡¤Ë¡¢Åê»ñÀèÂоݴë¶È¤ò6·îËö¤«¤é¤Î°Ûư¤ò³Îǧ¤¹¤ë¤È£±¼Ò¤ÎÆþ¤ìÂØ¤ï¤ê¡Ê£±¼Ò¡Ë°Ê³°¤Ï¤ª¤ª¤­¤ÊÊѲ½¤¬¤Ê¤¯¡¢»ê¤Ã¤Æ°ÂÄêŪ¤Ë±¿ÍѤµ¤ì¤Æ¤¤¤ë¤ÈȽÃǤǤ­¤ë¡£
¡¡Ã¢¤·¡¢Åê»ñÀ裱°Ì¤Ç¤¢¤ëOpsware¼Ò¤Ë¤Ä¤¤¤Æ¤Ï£··î£²£³Æü¤Ë£È£Ð¼Ò¤Ë¤è¤êÌó£±£¶²¯¥É¥ë¤ÇÇã¼ý¤µ¤ì¤ë¤³¤È¤¬È¯É½¤µ¤ì¤Æ¤¤¤¿¡£³ô²Á(OPSW)¤Ï£¶·îËö¤Î£±£°¥É¥ë¶áÊÕ¤«¤é£··îËö¤Ë¤Ï£±£´¥É¥ë¤Þ¤Ç¾å¾º¤·¤Æ¤ª¤ê¡¢¤«¤Ê¤ê¤ÎÅê»ñÀ®²Ì¤òÆÀ¤Æ¤¤¤ë¡£¤Þ¤À»ñ»º·ÁÀ®¤Îã¿Í¥Õ¥¡¥ó¥É¤Ë¤ÏÁÈÆþ³«»Ï¤µ¤ì¤Æ¤¤¤Ê¤«¤Ã¤¿¤Î¤¬ÂçÊÑ»Äǰ¤Ç¤â¤¢¤ê¤Þ¤¹¤Í¡£
¡¡£²ÅÀÌܤȤ·¤Æ¡¢º£·î¿·µ¬Åоì¤È¤Ê¤Ã¤¿TJX¼Ò¡Ê¥¢¥Ñ¥ì¥ë¡¢²ÈÄí°áÎÁ¡Ë¤¬½¾Í褫¤éÅê»ñÂоݤȤʤäƤ¤¤¿¤«Èݤ«¤Ë´Ø¤·¤Æ¤Ï¥Õ¥¡¥¯¥È¥Ö¥Ã¥¯¤¬¾å°Ì£±£°¼Ò¤Þ¤Ç¤Î¸ø³«¤Ç¤¢¤ë¤¿¤á¡¢È½ÃǤǤ­¤Ê¤«¤Ã¤¿¡£¤Ê¤ª¡¢£²£°£°£·Ç¯£··î¤Î³ô²Á(TJX)·î´ÖÆ­ÍîΨ¤Ï¡Ü£°¡¥£¹¡ó¤Ç¤¢¤Ã¤¿¡£
¡¡¤³¤Î¤è¤¦¤ËÊÆ¹ñ³ô¼°»Ô¾ì¤Î³ô²ÁÇİ®¤Ë¤Ï±Ñ¸ì¤¬¶ì¼ê¤ÊÊý¤Ë¤Ï³ÚÅ·¾Ú·ô¤âÊØÍø¤Ç¤¹¤è¡£¥Æ¥£¥Ã¥«¡¼¤ÇÄ´¤Ù¤ë¤³¤È¤¬¤Ç¤­¤Þ¤¹¡£
¡¡¤µ¤Æ¡¢¶½Ì£¿¼¤¤¤Î¤Ï£²£°£°£·Ç¯£¸·î¤Î¥µ¥Ö¥×¥é¥¤¥àÌäÂê¤Ëü¤òȯ¤·¤¿Âç¹Ó¤ì¤Î³ô¼°»Ô¾ì¤Ë¤ª¤¤¤Æ¡¢¤É¤Î¤è¤¦¤ÊÅê»ñȽÃǤ¬²¼¤µ¤ì¤Æ¤¤¤ë¤Î¤«¤Ç¤¢¤ë¡£¤·¤«¤·¡¢¾å°Ì£±£°¼Ò¤ò¸«¤ë¸Â¤ê¤Ë¤ª¤¤¤Æ¤Ï£··îËö¿å½à¤è¤ê¤âÃ;夬¤ê¤·¤Æ¤¤¤ëÌÃÊÁ¤âÊ£¿ô¸ºß¤¹¤ë¾õ¶·¤Ç¤¢¤ë¤³¤È¤«¤é¡¢²¼¤²Áê¾ì¤Ë¶¯¤¤¥Ð¥ê¥å¡¼¥Õ¥¡¥ó¥É¤È¤·¤Æº£¸å¤â´üÂԤǤ­¤½¤¦¤Ê¥Õ¥¡¥ó¥É¤Ç¤¢¤ë¡£
¥»¥¾¥ó»ñ»º·ÁÀ®¤Îã¿Í¥Õ¥¡¥ó¥É¤Ø¤ÎÁÈÆþ¤ìÈæÎ¨¤ËÁá´ü¤Ë¾å¾º¤¹¤ë¤³¤È¤ò´üÂÔ¤·¤¿¤¤¤Ç¤¹¤Í¡ª¡ª
¢Í¥»¥¾¥ó»ñ»º·ÁÀ®¤Îã¿Í¥Õ¥¡¥ó¥É¤Ø¤Î£¸·îËöÁÈÆþ¤ì¾õ¶·¤Ø
¢Í¥Ð¥ó¥¬¡¼¥ÉÊÆ¹ñ¥ª¥Ý¥Á¥å¥Ë¥Æ¥£¥Õ¥¡¥ó¥É£¸·îËöÅê»ñ¾õ¶·¤Ø

¤ª¤¹¤¹¤áÅê»ñËܤޤȤá

¤Þ¤À¤éÌÏÍͤÎÅê»ñÀ¸³è¥µ¥¤¥È´ÉÍý¿Í¤ª¤¹¤¹¤á¤ÎÅê»ñËܤǤ¹¡£½çÈÖ¤ËÆÉ¤ó¤Ç¤ß¤Æ¤Ï¤¤¤«¤¬¤Ç¤·¤ç¤¦¤«¡©

Åê»ñ¤ò¤Ï¤¸¤á¤ë¤ËÅö¤ê¡¢¿´¹½¤¨¤ò·ÁÀ®¤¹¤ë¤¿¤á¤Ë

¡¦Åê»ñÀïά¤ÎȯÁÛË¡ 2008 (2008)


¥¢¥»¥Ã¥È¥¢¥í¥±¡¼¥·¥ç¥ó¤Î½ÅÍ×À­¤òÍý²ò¤·¡¢¥¤¥ó¥Ç¥Ã¥¯¥¹¥Õ¥¡¥ó¥ÉÅê»ñ¤ò¹Ô¤Ê¤¦¤¿¤á¤Ë

¡¦¡Ú¿·ÈÇ¡ÛÆâÆ£Ç¦¤Î»ñ»ºÀ߷׽Ψ¡¤¢¤Ê¤¿¤È¤ª¶â¤ò·ë¤Ó¿ÍÀ¸¤ÎÌÜɸ¤ò¤«¤Ê¤¨¤ëË¡


¡¦Âç¿Í¤ÎÅê»ñÆþÌ硽¿¿·õ¤Ë¾­Íè¤ò¹Í¤¨¤ë¿Í¤À¤±¤Ë¶µ¤¨¤ë¡Ö¼«ÎÏǯ¶â±¿ÍÑË¡¡×


»ñËܼçµÁ¼Ò²ñ¤Î»ÅÁȤߤòÃΤꡢÅê»ñ¹Ôư¤ÎËܼÁ¤òÍý²ò¤¹¤ë¤¿¤á¤Ë

¡¦¿¿¤ÃÅö¤Ê³ô¼°Åê»ñ (NB Online book)


¡¦¥Û¥ó¥È¤Ï¶µ¤¨¤¿¤¯¤Ê¤¤»ñ»º±¿ÍѤΥ«¥é¥¯¥ê (3) ¡ÖÏ£¶â½ÑÆþÌç¡×ÊÓ


¡¦³ô¼°Åê»ñ Ĺ´üÅê»ñ¤ÇÀ®¸ù¤¹¤ë¤¿¤á¤Î´°Á´¥¬¥¤¥É


Åê»ñŬ³ÊÌÃÊÁ¤ò·è»»½ñ¤«¤éÁªÊ̤¹¤ë¤¿¤á¤Ë

¡¦¥Ð¥ê¥å¡¼Åê»ñ¤Î¶¯²½½ñ~Îɤ¤¥Ó¥¸¥Í¥¹¤ò°Â¤¯Ç㤤¡¢¹â¤¯Çä¤ë¤¿¤á¤ÎʬÀϼêË¡~


¡¦·è»»½ñ¤Î°Å¹æ¤ò²ò¤±! ¥À¥á³ô¤ò¸«ÇˤëÅê»ñ¤Î¥ë¡¼¥ë


¡¦Ê´¾þ·è»»¤Ë¤À¤Þ¤µ¤ì¤ë¤Ê¡ª·è»»½ñ¿¼ÆÉ¤ß½Ñ¥»¥ß¥Ê¡¼
¾ÜºÙ¤Ë¤Ä¤¤¤Æ¤Ï¤³¤Á¤é¤«¤é



³ô¼°Åê»ñ¤Ë¤è¤ê¡¢´ë¶È¤ò¹ØÆþ¤¹¤ë¤³¤È¤Î°ÕÌ£¤òÃΤë

¡¦¥Ð¥Õ¥§¥Ã¥È¤«¤é¤Î¼ê»æ ¡Ý ¡Ö·Ð±Ä¼Ô¡×¡Öµ¯¶È²È¡×¡Ö½¢¿¦´õ˾¼Ô¡×¤Î¥Ð¥¤¥Ö¥ë

¤ª¤¹¤¹¤áÅê»ñËܡʣ¸¡Ë¡¡¥¤¥ó¥Ç¥Ã¥¯¥¹¥Õ¥¡¥ó¥É¤Î»þÂå

¤ªÁ¦¤áÅê»ñ´Ø·¸ËÜ¥·¥ê¡¼¥º¤â£¸ºýÌܤȤʤê¤Þ¤·¤¿¡£º£²ó¤Ï¥¤¥ó¥Ç¥Ã¥¯¥¹Åê»ñ²È¤Î¶µ²Ê½ñ¤È¤â¤¤¤¨¤ëÂçºî¤ò¤´¾Ò²ð¤·¤Þ¤¹¡£
¥¤¥ó¥Ç¥Ã¥¯¥¹¡¦¥Õ¥¡¥ó¥É¤Î»þÂ塽¥¢¥á¥ê¥«¤Ë¤ª¤±¤ë»ñ»º±¿ÍѤο·Ä¬Î®¥¤¥ó¥Ç¥Ã¥¯¥¹¡¦¥Õ¥¡¥ó¥É¤Î»þÂ塽¥¢¥á¥ê¥«¤Ë¤ª¤±¤ë»ñ»º±¿ÍѤο·Ä¬Î®
(2000/10)
¥¸¥ç¥ó¡¦C. ¥Ü¡¼¥°¥ë

¾¦Éʾܺ٤ò¸«¤ë

¥¢¥á¥ê¥«¤Ë¤ª¤¤¤Æ¥Ð¥ó¥¬¡¼¥É¼Ò¤ò¶½¤·¡¢¥¤¥ó¥Ç¥Ã¥¯¥¹¥Õ¥¡¥ó¥É±¿ÍѤÎÀ¤³¦¤òÀڤ곫¤¤¤¿£Ê¡¦£Ã¡¦¥Ü¡¼¥°¥ë»á¤Ë¤è¤ë¥¤¥ó¥Ç¥Ã¥¯¥¹¥Õ¥¡¥ó¥É¾¡Íø³®²Î¤Ç¤¹¡£ËܤÏÈó¾ï¤Ëʬ¸ü¤¯£´£·£µÊǤˤʤꡢ¤Þ¤¿ÁõÃú¤â¤·¤Ã¤«¤ê¤·¤Æ´ÓϽ¤¬¤¢¤ê¤Þ¤¹¤¬¡¢ÆâÍÆ¤âÆÉ¤ß±þ¤¨¤¤¤Ã¤Ñ¤¤¤Ç¤¹¡£
¡¡Åê»ñÀ¤³¦¤ò¹½À®¤¹¤ëÍ×ÁǤȤ·¤Æ¡¢¥ê¥¿¡¼¥ó¡¢¥ê¥¹¥¯¡¢¥³¥¹¥È¡¢»þ´Ö¤Î£´Í×ÁǤ¬¤¢¤ê¡¢°Ê²¼¤Î¶½Ì£¿¼¤¤¥­¡¼¥ï¡¼¥É¤¬¤É¤ó¤É¤ó½Ð¤Æ¤­¤Þ¤¹¡£
¤½¤Î°ìö¤ò¾Ò²ð¤¹¤ë¤È¡¦¡¦¡¦
£±¡Ë»þ´Ö¤È¥ê¥¿¡¼¥ó¤Ç¡ÖÊ£Íø¥Þ¥¸¥Ã¥¯¡×
£²¡Ë»þ´Ö¤È¥ê¥¹¥¯¡¡¤Ç¡ÖÊ£Íø¤Î¥Þ¥¸¥Ã¥¯¤Î¸ºÂ®¡×
£³¡Ë»þ´Ö¤È¥³¥¹¥È¡¡¤Ç¡ÖÊ£Íø¤Î²£Ë½¡×
¤Ê¤É¤Ê¤É¡¦¡¦
¡¡²¿¤Ï¤È¤â¤¢¤ì¡¢³Î¼Â¤Ê¥³¥¹¥È¤ò¤Ç¤­¤ë¤À¤±Èò¤±¤ë¤³¤È¤Î½ÅÍ×À­¤¬º¬Äì¤È¤·¤Æ¹½À®¤µ¤ì¤Æ¤¤¤Þ¤¹¡£¥³¥¹¥È¤ò²¼¤²¤ë¤³¤È¤Î½ÅÍ×À­¤òºÆ³Îǧ¤¹¤ë¤¿¤á¤Ë¤¼¤Ò¤È¤âÆÉÇˤ·¤¿¤¤ËܤǤ¹¡£


¥Ö¥í¥°¥é¥ó¥­¥ó¥°¤Ë»²²ÃÃæ¡ª
¥Ö¥í¥°¥é¥ó¥­¥ó¥°¡¦¤Ë¤Û¤ó¥Ö¥í¥°Â¼¤Ø
¿Íµ¤¥Ö¥í¥°¥é¥ó¥­¥ó¥°¾®¡ÊÀÄ¡Ë

¤ª¤¹¤¹¤áÅê»ñËܡʣ·¡Ë¡¡ÇԼԤΥ²¡¼¥à

¤ªÁ¦¤áËÜ¥·¥ê¡¼¥ºÂ裷ºýÌܤϻñ»º±¿ÍѤθÅŵ¤È¤â¤¤¤¨¤ëËܤǤ¢¤ë¡£
ÇԼԤΥ²¡¼¥à(¿·ÈÇ) ¤Ê¤¼»ñ»º±¿ÍѤ˾¡¤Æ¤Ê¤¤¤Î¤«ÇԼԤΥ²¡¼¥à(¿·ÈÇ) ¤Ê¤¼»ñ»º±¿ÍѤ˾¡¤Æ¤Ê¤¤¤Î¤«
(2003/12/04)
¥Á¥ã¡¼¥ë¥º¡¦¥¨¥ê¥¹

¾¦Éʾܺ٤ò¸«¤ë

¸¶Âê¤ÏÇԼԤΥ²¡¼¥à¤Ë¾¡¤Ä¤¿¤á¤Ë(Winning the Loser's game)¤È¤Ê¤Ã¤Æ¤¤¤¿¤¬¡¢Ë®Âê¤Ïñ¤Ë¡ÖÇԼԤΥ²¡¼¥à¡×¤È¾Êά¤µ¤ì¤Æ¤·¤Þ¤Ã¤¿¡£
¤·¤«¤·¡¢¾¡¤Ä¤¿¤á¤ÎËܤǤ¢¤ë¤³¤È¤Ë¤ÏÊѤï¤ê¤Ï¤Ê¤¤¤è¤¦¤À¡£
¥¿¡¼¥²¥Ã¥È¤È¤Ê¤ë¤Î¤Ï¡ÖÇԼԤΥ²¡¼¥à¡×¤Î¸ÀÍդǤ¢¤ë¡£

£±¡Ë¡ÖÇԼԤΥ²¡¼¥à¡×¤Ï¤É¤Î¤è¤¦¤Ê¾õ¶·¤ò¤¤¤Ã¤Æ¤¤¤ë¤Î¤«¡©
£²¡Ë¸½Âå¤Î»ñ»º±¿Íѡʥ²¡¼¥à¡Ë¤¬¡ÖÇԼԤΥ²¡¼¥à¡×¤È¤Ê¤Ã¤Æ¤¤¤ë¤³¤È
£³¡ËÇԼԤΥ²¡¼¥à¤Ë¾¡¤Ä¤¿¤á¤Ë¸Ä¿ÍÅê»ñ²È¤¬¼è¤ë¤Ù¤­Àïά
¡¡ÇԼԤΥ²¡¼¥à²¼¤Ç¤Ï¸Ä¿ÍÅê»ñ²È¤Ï¥ß¥¹¤ò²óÈò¤·¤Ê¤±¤ì¤Ð¤Ê¤é¤Ê¤¤¡£¤½¤Î¼¡Á±ºö¤¬»Ô¾ìÊ¿¶Ñ¡Ê¤¹¤Ê¤ï¤Á¥¤¥ó¥Ç¥Ã¥¯¥¹¡Ë¤ËÅê»ñ¤¹¤ë¤³¤È¤Ç¤¢¤ë¤è¤¦¤À¡£´ÉÍý¼Ô¤¬¹Í¤¨¤ë¤Ë¤Ï·è¤·¤ÆºÇÁ±ºö¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤¬¡¢¥×¥í¤Ç¤Ê¤¯¡¢»þ´Ö¤òϲÈñ¤·¤¿¤¯¤Ê¤¤¸Ä¿ÍÅê»ñ²È¤Ë¤È¤Ã¤Æ¤ÏºÇÁ±ºö¤È¤È¤Ã¤Æ¤¤¤¤¤Î¤Ç¤Ï¤Ê¤¤¤À¤í¤¦¤«¡©
¡¡»ñ»º±¿ÍѤÎÀ¤³¦¤Ë¤ª¤¤¤Æ¤Ï¡¢Áǿͤ¬¥¤¥ó¥Ç¥Ã¥¯¥¹¥Õ¥¡¥ó¥É¤ò¹ØÆþ¤¹¤ë¤³¤È¤Ë¤è¤ê»Ô¾ìÊ¿¶Ñ¤ò´Êñ¤ËÆÀ¤ë¤³¤È¤¬¤Ç¤­¤ë¡£°ìÈÌ»ö¶È¤Ç¤Ï̴ʪ¸ì¤Î¤è¤¦¤Ê¤½¤ÎÍøÅÀ¤òºÇÂç¸Â¤ËÀ¸¤«¤¹¤Ù¤­¤À¤È¤³¤ÎËܤ¬Áʤ¨¤Æ¤¤¤ë¤è¤¦¤Ëʹ¤³¤¨¤ë¤Î¤À¡£


¥Ö¥í¥°¥é¥ó¥­¥ó¥°¤Ë»²²ÃÃæ¡ª
¥Ö¥í¥°¥é¥ó¥­¥ó¥°¡¦¤Ë¤Û¤ó¥Ö¥í¥°Â¼¤Ø
¿Íµ¤¥Ö¥í¥°¥é¥ó¥­¥ó¥°¾®¡ÊÀÄ¡Ë

²Á³ÊÊÑÆ°Î¨¡Ê¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥ÉVs¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¡Ë

Á°²ó¤Î¥¨¥ó¥È¥ê¡¼¤Ç¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÈTOPIXϢư·¿Åê»ñ¿®Â÷ETF¤ÎÊÑÆ°Î¨¤òÈæ³Ó¤¹¤ë¤È¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤ÎÊÑÆ°Î¨¤¬¤è¤êÄ㤤·ë²Ì¤È¤Ê¤Ã¤¿¤¬¡¢¤¢¤ê¤¬¤È¤¦Åê¿®¤¬±¿ÍѤ¹¤ë¥Õ¥¡¥ó¥É¥ª¥Ö¥Õ¥¡¥ó¥º·Á¼°¤Î¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤ÈÈæ³Ó¤¹¤ë¤È¤É¤¦¤Ç¤·¤ç¤¦¤«¡©

¡¡£²£°£°£µÇ¯£··î°Ê¹ß¤Î·×¿ô¥Ç¡¼¥¿¤ÇÈæ³Ó¤¹¤ë¤È¡¦¡¦¡¦
¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É²¼ÍîΨ

¸«»ö¤Ë²Á³ÊÊÑÆ°Î¨¤¬£±£³£°£¶¡ä¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¡ä¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Î½ç¤ËÀ°Îó¤·¤Þ¤·¤¿¡£¹Í¤¨¤ë¤ËÊ£¿ô¤Î¥Õ¥¡¥ó¥É¤Ëʬ»¶Åê»ñ¤¹¤ë¤È²Á³ÊÊÑÆ°Î¨¤ÏÄã²¼¤¹¤ë¡£¶âÍ»¤Î¶µ²Ê½ñ¤Ë¤è¤¯½Ð¤Æ¤¯¤ë¥Ý¡¼¥È¥Õ¥©¥ê¥ªÍýÏÀ¤ÈÀ°¹ç¤¹¤ë·ë²Ì¤È¤Ê¤ê¤Þ¤·¤¿¡£Ã¢¤·¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Ï³°¹ñ»ñ»º¤ò£²¡ó¶¯´Þ¤ß¤Þ¤¹¤¬¡¢¤Û¤È¤ó¤É¤òÆüËܳô¼°¤È¸½¶â¤ËÅê»ñ¤·¤Æ¤¤¤ë¤¿¤á¡¢TOPIX¤ª¤è¤Ó¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤È¤ÎÁê´Ø·¸¿ô¤ÏÂ礭¤¤¤Ï¤º¤Ç¤¹¤¬¡¢¤½¤ì¤Ç¤âº¹¤¬¤Ï¤Ã¤­¤ê¤È¸½¤ì¤Æ¤¤¤Þ¤¹¡£

¡¡¤½¤·¤Æ¡¢¶½Ì£¿¼¤¤¤Î¤Ï¡¦¡¦¡¦
¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¤È1306(TOPIXETF)¤Ï2005ǯ7·î1Æü¡Á2007ǯ8·î17Æü¤Î²Á³ÊÊÑÆ°Î¨¤Ç¤¢¤ë¡£¿Þɽ¤ò³ÈÂ礷¤Æ¤ß¤ë¤È¡¢-5%¤òͤ¨¤ë¤È¤³¤í¤ÎÉÑÅ٤ϼ¤ϣ±²ó¤À¤±Â¸ºß¤¹¤ë¤Î¤Ç¤¹¡£¤½¤¦¤Ç¤¹¡¢ºòÆü¡Ê2007ǯ8·î17Æü¡Ë¤Î²Á³ÊÊÑÆ°¤Ï¤½¤ì¤Û¤ÉÂ礭¤¤¤â¤Î¤Ê¤Î¤Ç¤¹¡£
¡¡¤Ê¤ª¡¢¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤Î´ð½à²Á³Û¤ÏÁÈÆþ¥Õ¥¡¥ó¥É¤ÎÁ°Æü²Á³Û¤ò¸µ¤Ë»»½Ð¤µ¤ì¤ë¤¿¤á¡¢¼¹É®»þÅÀ(2007ǯ8·î18Æü(ÅÚ))¤Ç¤ÏÉÔÌÀ¤Ç¤¢¤ë¤¬¡¢2007ǯ8·î20Æü(·î)¤ÏÁêÅö¤Î²¼Íî¤È¤Ê¤ë¤³¤È¤Ï´Ö°ã¤¤¤¢¤ê¤Þ¤»¤ó¡£
¡¡
2007ǯ8·î17Æü(¶â)¤Î²¼ÍîΨ
 ²¼ÍîΨɸ½àÊк¹ÈæÎ¨
¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É-5.81%0.94%-6.1¦Ò
£±£³£°£¶-5.27%1.11%-4.7¦Ò

¡¡¡Ý£¶¦Ò°Ê¾å¤È¤¤¤¦µðÂç¤ÊÊÑÆ°¤¬È¯À¸¤·¤Æ¤¤¤Þ¤¹¡£¡Ê¦Ò¤Ïɸ½àÊк¹¤ò¸½¤·¤Þ¤¹¡Ë¤³¤ì¤Û¤É¤ÎÊÑÆ°¤Ï2001ǯ9·î¤ÎÈô¹Ôµ¡¥Æ¥í»ö·ï°ÊÍè¤ÎÂ礭¤µ¤Ç¤Ê¤Î¤Ç¤¹¡£
¡¡ºòÆü¤Î²¼Íî¤ËÂѤ¨¤ë¤³¤È¤¬¤Ç¤­¤¿µ®Êý¤Ï³ô¼°»Ô¾ì¤ÇĹ´üÅê»ñ¤ò·Ñ³¤¹¤ë¤³¤È¤¬¤­¤Ã¤È¤Ç¤­¤ë¤Ç¤·¤ç¤¦¡£²Á³ÊÊÑÆ°¤µ¤¨²æËý¤Ç¤­¤ë¤Î¤Ê¤é¡¢³ô¼°»Ô¾ì¤ÇÉݤì¤ë¤³¤È¤Ï¤º¤Ã¤È¾¯¤Ê¤¯¤Ê¤ê¤Þ¤¹¡£
¡¡¤³¤³¤ÏÌÛ¤Ã¤Æ¹ØÆþ¤¹¤ë¤Î¤¬°ìÈ֤Ȼפ¤¤Þ¤¹¤¬¡¢¡Ö¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É¡×¤ª¤è¤Ó¡Ö¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¡×¤ò±¿ÍѤ¹¤ëÊý¡¹¤¬¤­¤Ã¤È¹Ô¤Ã¤Æ¤¯¤ì¤Æ¤¤¤ë¤È¿®¤¸¤Æ¤¤¤Þ¤¹¡£
¡¡²Ì¤¿¤·¤Æ¡¢¤É¤¦¤Ê¤ë¤³¤È¤ä¤é¡£·ë²Ì¤Ï·îËö¥ê¥Ý¡¼¥È¤Îȯɽ¤¬¤¿¤Î¤·¤ß¤Ë¤Ç¤Ç¤¹¤Í¡£
·ë²Ì¤Ï¤³¤Á¤é¡ª¡ª
¢Í¤µ¤ï¤«¤ß¥Õ¥¡¥ó¥É£¸·îÇãÉÕ³Û¤¬£³£°£°²¯±ßÆÍÇË¡ª¡ª
¢Í¤¢¤ê¤¬¤È¤¦¥Õ¥¡¥ó¥É¤â£¸·î¤Ë²áµîºÇ¹â¤ÎÇãÉռ»Ü
¢Í¥â¡¼¥Ë¥ó¥°¥¹¥¿¡¼¥ì¥¤¥Æ¥£¥ó¥°¤Ç¤Ï²Á³ÊÊÑÆ°Î¨¤¬Ä㤤¤³¤È¤ÏÉÔÍø¡©