Japan Securities Depository Center, Inc.

LIST OF PARTICIPANTS / SHAREHOLDERSTOTAL:285
Securities Companies* Ace Securities Co., Ltd.
* Aioi Securities Co., Ltd.
* Aizawa Securities Co., Ltd.
* Akakiya Securities Co., Ltd.
* Alps Securities Co., Ltd.
* Ando Securities Co., Ltd.
* Angel Securities Co., Ltd.
* Ark Securities Co., Ltd.
* Awa Securities Co., Ltd.
Axes Japan Securities Co., Ltd.
* Bansei Prime Capital SecuritiesCo., Ltd.
* Banyo Securities Co., Ltd.
* Bright Securities Co., Ltd.
* Century Securities Co., Ltd.
* Chuo Securities Co., Ltd.
* Cosmo Securities Co., Ltd.
* Daikumamoto Securities Co., Ltd.
* Daiman Securities Co., Ltd.
* Daisei Securities Co., Ltd.
* Daitoku Securities Co., Ltd.
* Daiwa Securities Co., Ltd.
* Daiwa Securities SMBC Co., Ltd.
DLJ direct SFG Securities Inc.
* Dojimakanto Securities Co., Ltd.
* E. Trade Securities Co., Ltd.
* Eiwa Securities Co., Ltd.
* FIRSTMAKE SECURITIESCO., LTD.
Get Securities Co., Ltd.
* Gifu Dai-ichi Securities Co., Ltd.
* H. S. SECURITIES Co., Ltd.
* Hikari Securities Co., Ltd.
* Himawari Securities, Inc.
* Hinode Securities Co., Ltd.
* Hiraoka Securities Co., Ltd.
* Hirota Securities Co., Ltd.
* Ichiyoshi Securities Co., Ltd.
Imamura Securities Co., Ltd.
* Ise Securities Co., Ltd.
Issei Securities Co., Ltd.
ITM Securities Co., Ltd.
ITOCHU Capital Securities Ltd.
* Iwai Securities Co., Ltd.
* Izumi Securities Co., Ltd.
* Japan Asia Securities Co., Ltd.
* Japan Bond Trading Co., Ltd.
* Japan Cross Securities Co., Ltd.
* Japan Electronic Securities Co., Ltd.
* Jet Securities, Inc.
* Joko Securities Co., Ltd.
* Jonan Securities Co., Ltd.
* Jujiya Securities Co., Ltd.
* JVIC SECURITIES CO., LTD.
* Kabu. com Securities Co., Ltd.
* Kadoya Securities Co., Ltd.

* Kagawa Securities Co., Ltd.
* Kaneju Securities Co., Ltd.
* Kaneyama Securities Co., Ltd.
* Kaneyoshi Securities Co., Ltd.
* Kanzaki Securities Co., Ltd.
* Kimura Securities Co., Ltd.
* Knight Securities Japan Ltd.
* Kobe Securities Co., Ltd.
* Kokufu Securities Co., Ltd.
Kokusai Securities Co., Ltd.
* Kotobuki Securities Co., Ltd.
* Kurokawakitoku SecuritiesCo., Ltd.
* Kyokuto Securities Co., Ltd.
Kyosei Securities Co., Ltd.
* Kyowa Securities Co., Ltd.
* Maeda Securities Co., Ltd.
* Maruchika Securities Co., Ltd.
* Marudai Securities Co., Ltd.
* Marufuku Securities Co., Ltd.
* Maruhachi Securities Co., Ltd.
* Maruko Daika Securities Co., Ltd.
* Marukuni Securities Co., Ltd.
* Marusan Securities Co., Ltd.
* Maruwa Securities Co., Ltd.
* Matsui Securities Co., Ltd.
* Matsusaka Securities Co., Ltd.
* Meiko National Securities Co., Ltd.
* Meiwa Securities Co., Ltd.
* Merrill Lynch Japan SecuritiesCo., Ltd.
Mirai Securities Co., Ltd.
* Mita Securities Co., Ltd.
* Mito Securities Co., Ltd.
Miyako Securities Co., Ltd.
* Mizuho Securities Co., Ltd.
* Monex, Inc.
* Murosei Securities Co., Ltd.
* Musashi Securities Co., Ltd.
* Nagano Securities Co., Ltd.
* Naito Securities Co., Ltd.
* Nakaizumi Securities Co., Ltd.
* Nara Securities Co., Ltd.
* Naruse Securities Co., Ltd.
* NCS Securities Ltd.
NIHON KYOEI SECURITIESCO., LTD.
* Niigata Securities Co., Ltd.
* Nikko Beans, Inc.
* Nikko Cordial Securities Inc.
Nippon First Securities Co., Ltd.
* Nippon Global Securities Co., Ltd.
* Nishimura Securities Co., Ltd.
* Nishiwaki Securities Co., Ltd.
* Nissan Securities Co., Ltd.
Nissho Iwai Securities Co., Ltd.
Nittan Broker's Securities Co., Ltd.
* Norinchukin Securities Co., Ltd.
* Nozomi Securities Co., Ltd.

* Odawara Securities Co., Ltd.
* Okachi Securities Co., Ltd.
* Okasan Securities Co., Ltd.
* Okinawa Securities Co., Ltd.
One Asia Securities Co., Ltd* Orient Securities Co., Ltd.
* Orix Securities Co., Ltd.
* Otsuka Securities Co., Ltd.
* P.S.I. Securities Co., Ltd.
* Panta Rhei Securities, Co., Ltd.
* Port Satellite Securities. Co., Ltd.
Privee Zurich Securities Co., Ltd.
Prudential Financial AdvisorsSecurities Co., Ltd.
* Retela Crea Securities Co., Ltd.
Rokuwa Securities Co., Ltd.
* Sakamoto Hokuriku SecuritiesCo., Ltd.
* Sakura Friend Securities Co., Ltd.
* Sanei Securities Co., Ltd.
Sanjo Securities Co., Ltd.
* SANKO SECURITIES Co., Ltd.
* Sankyo Securities Co., Ltd.
* Sasayama Securities Co., Ltd.
* Shinbayashi Securities Co., Ltd.
* Shinko Securities Co., Ltd.
* Shin-Ogaki Securities Co., Ltd.
Shinsei Securities Co., Ltd.
* Shinwa Securities Co., Ltd.
SHIZUGIN TM SECURITIESCO., LTD.
* Shizuoka Tokai Securities Co., Ltd.
* Shonai Securities Co., Ltd.
* Sieg Securities Co., Ltd.
Sparx Securities Co., Ltd.
* Star Futures Securities Co., Ltd.
Starts Securities Co., Ltd.
* Super Sieg Securities Co., Ltd.
* Taicom Securities Co., Ltd.
* Takagi Securities Co., Ltd.
* Tama Securities Co., Ltd.
* Tamaki Securities Co., Ltd.
* THE ASAHI RETAILSECURITIES CO., LTD.
* The Kosei Securities Co., Ltd.
* The Miki Securities Co., Ltd.
* The Mizuho Investors SecuritiesCo., Ltd.
* The Nakahara Securities Co., Ltd.
* The Nomura Securities Co., Ltd.
* The Tachibana Securities Co., Ltd.
* Tobu Securities Co., Ltd.
* Tokai Tokyo Securities Co. Ltd.
Tokyo - Mitsubishi Securities
Co., Ltd.
Tokyo-Mitsubishi Personal
Securities Co., Ltd.
Tokyo-Mitsubishi TD Waterhouse
Securities Co., Ltd.

ANUUAL REPORT 2002

* Toyo Securities Co., Ltd.
TRADERS SECURITIESCO., LTD.
* Tsukamoto Securities Co., Ltd.
* Tsuyama Securities Co., Ltd.
UFJ Capital Markets Securities
Co., Ltd.
* UFJ Tsubasa Securities Co., Ltd.
* UNICOM SECURITIES CO., LTD.
* Usuki Securities Co., Ltd.
* Utsumiya Securities Co., Ltd.
* Utsunomiya Securities Co., Ltd.
West wood Capital, LLC* WORLD NICHIEI SecuritiesCo., Ltd.
* Yahata Securities Co., Ltd.
* Yamagata Securities Co., Ltd.
* Yamagen Securities Co., Ltd.
* Yamamaru Securities Co., Ltd.
* Yamani Securities Co., Ltd.
* Yamawa Securities Co., Ltd.
* YOKOHAMA securities co., LTD.
* Yutaka Securities Co., Ltd.
ABN Amro Securities (Japan)Limited* Banc of America Capital Markets Japan, Inc.
* Barclays Capital Japan Limited* Bear Stearns (Japan) Limited* BNP ParibasSecurities(Japan)Limited
Carswell-T.I.R., Limited
Cazenove & Co., (Japan) Ltd.
* Citicorp International SecuritiesLtd.
* Commerz Securities (Japan) Co.,Ltd.
Core Pacific - Yamaichi Securities
Co., Ltd.
Credit Agricole Indosuez Securities(Japan) Limited* Credit Lyonnais Securities Europe
Switzerland AG.
* Credit Suisse First Boston Securities(Japan) Limited* Deutsche Securities Limited. TokyoBranch* Dresdner Kleinwort Wasserstein
Ltd.
Fidelity Brokerage Services (Japan),LLC* Goldman Sachs (Japan) Limited* HSBC Securities(Japan)Limited
HVB Capital Asia Limited
Hyundai Securities Co., Ltd.
ING Securities Japan Limited* Instinet Japan Limited* J.P.Morgan Securities Asia Limited
Jefferies (Japan) Limited* KBC Securities JapanLehman Brothers Japan Inc.
* Morgan Stanley Japan Limited
Morgan Stanley Nippon
Securities Limited* Nikko Salomon Smith BarneyLimited
RBC Dominion
Securities(Japan)Limited
SAMSUNG SECURITIESCO., LTD.
Sassoon Securities Japan Ltd. Tokyo
BranchSociete Generale Securities (NorthPacific) Ltd.
* UBS Warburg (Japan) Limited* WestLB Securities Pacific Limited
Banks
AOZORA BANK, LTD.
Mizuho Bank, Ltd.
* Mizuho Corporate Bank, Ltd.
* SUMITOMO MITSUI BANKINGCORPORATION* The Asahi Bank, Ltd.
* The Bank of Tokyo-Mitsubishi, Ltd.
* The Bank of Yokohama, Ltd.
* The Daiwa Bank, Limited
The Hiroshima Bank, Ltd.
* THE NAGANO BANK, LTD.
* The Tokyo Tomin Bank, Limited
Tokyo Bankers Association* UFJ Bank Limited
BNP PARIBAS PRIVATE BANK(JAPAN) LIMITED
Citibank, N.A.
SG Private Banking (Japan) LimitedStandard Chartered Bank
The Hongkong and Shanghai
Banking Corporation Limited
Trust Banks and Other Financial
Institutions
Asahi Trust and Banking Co., Ltd.
* Japan Trustee Services Bank, Ltd.
* Mitsui Asset Trust and Banking
Company, Limited
Mizuho Asset Trust Bank, Ltd.
NikkoCiti Trust and Banking
Corporation
ORIX Trust and Banking
Corporation
Shinkin Trust Bank, Ltd.
Shinsei Trust and Banking Co., Ltd.
* The Chuo Mitsui Trust andBanking Company, Limited
The Kyoto Shinkin Bank
* The Master Trust Bank of Japan,Ltd.
* The Mitsubishi Trust and BankingCorporation❖ Overseas CSDs participating in JASDEC through JSCC;Euroclear France, The Central Depository (Pte) Limited (Singapore)

30
31

The MizuhoTrust & Banking Co.,Ltd.
The Nomura Trust and Banking
Co., Ltd.
* The Norinchukin Bank
* The Norinchukin Trust & Banking
Co., Ltd.
* The Sumitomo Trust & Banking
Co., Ltd.
* Tokyo Shoken Credit Cooperative* Trust & Custody Service Bank, Ltd.
* UFJ Trust Bank Limited
Barclays Global Investors Japan
Trust & Banking Co., Ltd.
Cititrust and Banking Corporation
Credit Suisse Trust and Banking
Co., Ltd.
Deutsche Trust Bank Limited
J.P.Morgan Trust Bank, Ltd.
* JSF Trust & Banking Co., Ltd.
State Street Trust and Banking
Company, Limited
UBS (Trust and Banking) Limited
Insurance Companies* DAIDO LIFE INSURANCECOMPANY
Mitsui Sumitomo InsuranceCo., Ltd.
Nippon Life Insurance Company
Sompo Japan Insurance Inc.
The Dai-Ichi Mutual Life Insurance
Company
The Meiji Mutual Life Insurance
Company* THE TAIYO MUTUAL LIFE
INSURANCE COMPANYThe Tokio Marine & Fire InsuranceCo., Ltd.
Stock Exchanges and Others* Central Tanshi Co., Ltd.
* Chubu Securities Finance Co., Ltd.
* Daiko Shoken Business Co., Ltd.
* Fukuoka Stock Exchange* Japan Securities Agents, Ltd.
* Japan Securities ClearingCorporation ❖* Japan Securities Dealers Association* Japan Securities Finance Co., Ltd.
Jasdaq Market, Inc.
* Nagoya Stock Exchange, Inc.
* Osaka Securities Exchange, Inc.
* Osaka Securities Finance Co., Ltd.
* Sapporo Securities Exchange* Tokyo Securities Transfer AgentCo., Ltd.
* Tokyo Stock Exchange, Inc.
* Shareholder(as of July 1, 2002)