Hakudo Co., Ltd. · TSE:7637

Hakudo — Investor Presentation (May 2011)

10 slides from Hakudo's investor presentation, May 16, 2011

1. Slide 1: http://www.hakudo.co.jp/

   03-6212-2811 03-6212-2826 1 http://www.hakudo.co.jp/

2. Slide 2: 2

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3. Slide 3: 4% 33%

   4% 33% 30 50 80 3 © S3Annan

4. Slide 4: © S3Annan

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5. Slide 5: 5

   5 © S3Annan

6. Slide 6: ( )

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7. Slide 7: /

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8. Slide 8: © S3Annan

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9. Slide 9: © S3Annan

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10. Slide 10: [= E20 Pees

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