ͽ۷УϣǤϤ

򣲣ǯ§򤷤ʤ鶥Ϥ̤͡鸦档Ū¦̤Ϥ䵳ʤɥåդǽϤʤɰĤΥեˤʤ褦˹ͤƤޤ

ǯ߶򣳣ǯ§Ǥä̵򤵤⤷ޤ
ΰ֤ϡο͵㤨ʣܰʾʤɡפα뤳ȤǤ
ߡ֥󥯥˥åɥåȥפȤȤʤֻʸͥåȡפȤȤǤϢΤϥ˥塼С֤Ϣѥեץܥ󤫤᡼ǤϢ򤪴ꤤޤ

͵֥󥭥󥰤

ˤ֥ۤ¼ ϥ֥

2006ǯ12

֥ͥ
ϡͽ ˻桪
ͭϵǰ
ɥ꡼ѥݡȡǥץѥ2ƬХ륯ۤ˥ᥤ祦ॽ󡢥ɥޥᥤˡǥȥ祦ʥȡեȥȡ󥸥ͥ顼ˡ
Ϥ滳2500ĤƤϤŻ뤷ޤ

ۡץեS
쥯ȥå

ĥS
ܥꥨ

̾Ųݡ
⥨ե˥å

󥿥S
륭塼

֥ͥ
ϡͽ ˻桪
饸NIKKEI
ʥޡ
ǤϰִƤȸޤꥢ¿ΤǽûΥȤäƤǡΥӤƤϰꡣμǤդǡɤڤǷڤ濴
եۥ
ֶϤ㤯ꤳܤδ⤢ˡ
ޥͥ륽ꥹ
Ũ˾ǡա
åɥå
Ǽ⤽ա

滳㳲
Ǥϥƥ쥸˥åա˷礱뤬Ƥ餳ޤǽͤĥ̤ȤϤˤʤĤƤȻפޤ륷ब͵ǤɮƬȷǥ2Ƭ륹ѡǥեƥ᥸ӥա



ȥ٥륷
失Ƥ꾺Ǥϥաжϸɽν53Ʊ̤ε衣ΥȤȤ̣
ץܥ
ϤαųݤƤԤǤΥ졼餫ȤȤΥ饹ǤѤϤ͵κäա
ݥ륿
͵λ˹򤬤ա
ǥߥå
ƱΡҥ륺(Ļ)ϡ

٤ƻųݤԤޤȤϾ̡
ʾ5ƬΥ磻ɥܥåǡ


滳6R
ॵܡŵ꤬ɤڤˤ⵳Ǿ鵤ǻǥ󥰥ɥɤȰѤꥹڥ롣

滳7R
å祦ա긫ľ

滳8R
ǥɥΥɥ꡼ܡ褳Υ饹ΰϤ滳1800ϥ٥ȤξĴҤ夬äƤԽХɥϥꥱǴˤա

ꥹޥS
˥ΥåաϤϤʥ졼ä3塣Խ褽ʥɥޥץ롼ȡץ饹󥬡ꡣȵΥṳ̂ϥܥߡա

ꥹޥC
͵Ͼ̤Υ˥ۥԥ饷åäޥĥå̤ۤͥưʤȷƨǴݡȷкѥϤꤷƤեȥ֤ա

Υ
奦ܡȤͭƱϼ祫奦ॵޤʤйǽꤢ륨쥢ϥҥ٥ꡣǼǤǽ֥ǥ饹Ǿ

3R
ڥꥨΥեƥϡȤܡ

8R
륫ա졼䤹Ϥ


ޥͥ륢󥻥աȤ餳Υ饹μϡ

2R
ݥƥ˥ƥա

6R
ϢƮǾ餫륨󥿥åܡ

8R
꤬ޤ餺Ԥޥ⥳Ȥ֤虜虜ηޤ䤹žƱͤ˵ԤžΥͥϥåԡꡣǤȤХХååա

9R
ХȤܡȤ2ϢƮɤڤڤϩǻפФϡɤʲˤϺǶϥȤФǤϢФ򳰤Ƥʤؤϥץ饹ȸޤ

о
ǥ˥ۥԥåǥ󡢥ƥۡᥤץɤܡ

Ĺ
4ƬФ˥᥸2ƬФä˽4ƬФƤ⤫ʤͭϤɤ¾˶ϤʥС⸫餺ߥ᥸ϢǾ褽

֥ͥ
ϡͽ ˻桪
ѤͽۤϷǺܽޤǤ󤶤ǤȤϤߥʥS줿ΤǾΥޥʥDz줿Τǡ褷Ȥޤ

åפΥȥޥԡϽ٤졢ʤǤäեꥷ㡼ϼǤ14001600ϸǡϾդǤ͡

դϤϤG1Ϥ̤ꡢϥȤϤϺ򸫤Ĥޤ

ܤ2SǤ凉åȤȥɥޥ䥪Ǥ᥸㡼(åȥ֡λ)ȥɥޥ䥸ѥ(ӥϥ)зˤʤޤξϤľ¾Ϥꡢ٥ι⤵ϪޤǸǤϥ饸NIKKEIդνեۥʥޡȥ꡼쥹դΥɥ꡼ॸ㡼ˡե饤󥰥åץ롢Ƥ2Ƭ饷å˸ƤδϤˤʤꤽǤȸĿŪˤϿϤǥԥΥǥˤ䥶ǡեҶۡץեSϿΥ쥯ȥå˴ԤǤ

ޤФΥԥΥǥˤ5001800˽ھޤ2ϥۥåѡ¤ϤξϤ11/26Υ1600˽СǡΥ졼οϤ̤ͥʥǾ夬äƤСΥ졼ǤϤ꼡ΰ㤦Ӥ1,2ꤷƥ٥ι⤵ޤ줫Ȥξ˸Ƽ˽Ȼפޤ11/261600500˽8äϤդȻפޤ

Ƥ⤦褤襪饹ͭϵǰǤ񤭤ޤǥץѥȤɤʤ뤫ܤǤȥ᥸㡼ˤܤǤΥĤϼѤȤϤ˼ޤäƤʤ֤ǡδ礷˻ȤĹΥȸϤʤӤޤܳʲưΥ餬ǤϤʤʤäǽϤƤ졼ȡפäƤޤ





֥ͥ
ϡͽ ˻桪
ϲȤ줽ǤϱˤʤꤽǤ


ϤΥϥᆴʿóȡϤˤ̤ǤCˤʤͭǤפäƤ륱⤢ꡢȯϤΤ뺹ϤˤդǤ
եƥ
Ÿ˾Ǥ񤭤ޤԥåꡢɤڤ褯ˤϺŬǤϤνžޥʡ53ϾȤ̤äƤϤ
ɥޥ䥭å
G1ϤǤʤ򡩤Ȼפ3Ϥ56ǡáΥӥå졼ϤФ餯ʤϡ޶ûͤĤ䥪򸫤¤ڤ̣ϤǵΥ2000ޤǡȤޤȤϰƤ2ʾ򸫹Ǥνȹͤޤǯϥޥ顼CáȥꥢMĤļ̿ʡȻפޤϢǤ2⤫ϥǽŤϷɤ餫ȸޤ
ޥȥޥꥪ
åɤԽ뤫⡢ȻפޤĤơ桢ĴƤޤСơաκ2000ȤG2ǥϥ51ϵӼ򺹤Ƥ̤ˤǽʬǴԤǤ
˥Υեॹ
Ϥ⿷Ƕǥӥ塼աSǷƮ3ФǥϥǤڤ˾̤ȤȸơȻפޤ
᥸ȥ󥭥ˡ
ճΤϤǡȯͭꡣաɤڤǷڤޤ
롼졼
̤ƨϤաä˶꤬51ʲϤ˾դǤ
åɥץʥ
¸ɤߤμϡ

ǥåСS
͵ۤɼϺϤʤȸޤ̺פǤ

ŬΥˤɤꡢ54ŵǡ餬ȸޤ
롼٥󥹥꡼
žϢ狼餳ϳڡΥŬΥܼΤẸ󹪼ԤƬʤΤǤʤ⤢ꡢɤڤǷڤä
Υޡ
ͭ乥ȡĴҤ夲Ƥ̵ץ̤ѥա滳ϹΨ⤤
֥
ǡƨ䤹Сա

ߥʥS
ӥå饹
57.5ʤ顣դΥΥǡ
ۥ祦ӡ
Ȥdz֡פͥȴɤȤˤʤꤽ濴ˡ
饤쥯
򸫤ƤʤΥ졼ǾƤ뤫ɤϤȤ⤫ʤ궯ʤꤽ
ᥤ祦ե
ϢƮǾ鵤ǻ
ᥤ祦֥
٤ͭա
省Υ
㤨ʤΥ饹ǤϾ̡Ϣߤǽ


ǥʥॷܡ

S
Ÿ˾ǥե꡼Sιǽ񤤤ϥåԡӡ˽ܤǤٱˤηȤǥե륫֤ܡƥ४ڥåϲ

7R
٥󥱥ܡ

5R
ǥӥեȡա

4R
ޥƥեԥȡա

3R
ǥܡϿ͵Ǥ쥤󥹡٥ȥߥ塼å

2R
ǥҥĥե

1R
ϡɥ졼ܡǥХåȡ拾աʣ򾯡


ǥʥᥤաϥ֥饤󡢥åɥӡॷ᥸󥰡

Ҥ餮
Υ󥰤աζС¿줢ꡣ

滳9R
Ķǥ꡼硼ʣ򾯡ǽʬ

滳8R
륯ߥåɥʥȤա

滳7R
֥᡼աųݤԤڡʤ顣

˿ỳ
ǥߥۡ桼ʤϤcԽС

֥ͥ
ϡͽ ˻桪
ɲäǤ
ͭϵǰ饸NIKKEIդ1ɤޤ
ͭϵǰ
¸ΥǥץѥȤΰˤޤϤȥ饹ѡۡǤСܵФʤƤ⤢ä꾡ĤȻפޤϤκǯȤɸϳޤäϤǤŪˤϼʤǤºݤ3塣ե󥹤Ʊˤ3ƬˤƤ줿⤢ޤϴԤǤǤϹǤϥϡĥ饤ʳˤ̵ŨǤŪˤȴǤϤʤΤ褦23ƬȤиФƧͤ櫓Ǥ̾𤬾äƤǤ

ȤȡǥפϤޤޤʤǽϤȻפޤϼΰո⤢˰बޤꡢﲴϤʤꤷƤޤäƤΤǤ˥ǥפϤͭϤ򾡤ĤˤäĴƤΤǤϤʤȤǤ

ǥפäƤֽǤ̳ϡǤ̵˼ϤȤͥʻ¹ĤˤäƤϤǤͭϵǰϤƤ⤤ܵ롢Ȥ櫓ˤϤʤϤǤ

ĿŪˤܤζϤؤ뤿ˤ⡢եȤƤͭäߤΤǤ¤ϤϤʤϤǤ𵳼ϥΰˤ꾡ޤϤ⶯äΤǤǥפϷۤǤ衹ܶϤäƤϤǡñʤ륹ۡǤϤʤΤǤ˴ǡǸʤΤǤ

ȡĹȽ񤭤ޤ餯ͭϤǥǥפ¾Ϥܿʤ褦ꡢꡢ굤̣ľ˽ФȻפޤ滳12μǤ򿢤⳰ϼǤޤοۤƾʤ֤Ȼפޤ

ԤͭϤ򤫤碌СˤʤϤǤ

ϤͭǤǤϥΥŬֹ⤽ǡĴ륳Х륯Ǥ˶Ϥ򸫤ɥ꡼ѥݡȡƨǽƤХɥޥᥤ˹ʤꤿȻפޤ

Х륯
ɥ꡼ѥݡ
ǥץѥ
ɥޥᥤ
ȡʳǤϤɾǤ

饸NIKKEI
饷å˸Ƥ2кǶϷǤĴʤեۥȥ꡼ʥޡ襤ˤʤȻפޤϾ̤ǤϤʤΤǤ狼ޤ󤬡쥯ȥå꤬ФƤ餪⤷ʤȻפäƤޤ

֥ͥ
ϡͽ ˻桪
åפ濴ˤŸ˾ǤʤʸǶϥ֥åǺܤΥȤˤĤơ¬򤷤ƤʬޤޤǤĿŪʿ¬ǤΤǸɽ줿¤ǤϤޤΤǡդϤ֤ФȻפޤ

å
ߤG2ݥ졼Ǥ1400ȤȤǡʿǤϤʤʤκŬϽפˤʤȻפޤޤ41ƬϿоݤϤ¿Ͻ뤫ɤפǤɤڤ䶥ϥ֥å˷ǺܤοرĤΥդᵤˤʤäʬȴ褷Ƥߤޤ
ϥޥåƥ를
ɤڤ꤬˼̤ޤϤĴ̣Ǥ;͵Τơ⹥ơ̤ϥԥåʤΤǤǤ

ץꥵޥ
ɤڤ꤬ǷڤĴ˸ޤϤϥ졼ֳ֤ͤĴ񤷤פߤǡդˤ⤦ꤳ顢ȤޤŬȤΥ졼ϽžޤǤϤФ餯ʤSǤϰ꤬ФƤܤǤ

ȥޥԡ
ޥC⤹˰ưƾߤ³ϥڥꥨ꤬衣ʤ꾡鵤ǻǤߤŷ԰Ͼ֤ˤޤĶή굳Ǥ虜虜
2Ϣ³ϹͤˤG1򾡤äεΥϤ餫˾ȤߤܤǤ

ܥꥰ
ļ̤̿ΥơǤν˽ĴǤӤϾˤʤפǡν¤Ȥɤߤ򸫤ƤադεΥǤ

ӡʥ饤󡢥󥷥㥵Υٱ2Ƭ
᤯鷪˰ưĴä˥󥷥㥵ϽоݤʤΤ˰ưƤ餫ʤξ鵤ۤȤߤޤǶᥭᥭϤդƤ뱹ˤϤμϤ­ƤȸޤΤǡɤդǤ

ޥͥ륹ĥ
פ֤˹2Ȥ̤⡣λ滳դʤΤȡ餮ޤʤɥ٥ι⤤졼иƤդǤޤ֥åˤȤϤΥȤǿرĤϤƤޤ󤬡ޥCϤ̤ȹͤƤȤλǤդͽۤΤǽפǤǤ

ǥ󥨥
Ӥϰ֡ơ󡢾֡⤤ΤǤŷľޤ줬ĤޥC򤷤ȤΤȤǺǽ餫餳Υ졼äơǤϤʤ褦ǤG2ȤϤζϥСǤ餢餫äơۤǤΤǤϼ㴳ǤޤΤȤͤȡŷľޤᥤξäǽ⤢͵ˤʤꤽǤ΅϶ʪȸƤޤ

ޥۥåȥץ쥤
ȤȡդǹϤǡμǤϴޤΥס͵ʤդϤǷ˰ͤǤľ˺Τ륳ǹʤϳǤ

ƥ󥹥
ϤǤʬΥڡƨȽ¤ȤΤȡ滳ǹ򤬤겡ɬפǤ

ʳǤ
ȥޥԡ
ץꥵޥ
ܥꥰ
ޥͥ륹ĥ
󥷥㥵Υ()
ӡʥ饤
ƥ󥹥

ա
ϥϥڡˤʤʤСԤ褦˻פϤȿȯϤΤϤդȻפޤ
ɥޥ䥭å
ɤڤ꤬˸ơ⸷̤ˤϤǤ礦56ΥϥǤͤйʲ˳Ǥ

եƥ
ΥѥΥ졼˾郎ԤäꡣĤɤϤ狼ޤ󤬾̤ˤΨϤʤ⤤ȸƤޤ

ޥȥޥꥪ
ܡӼ㴳ǤG2ϤʤΤ˥ϥǤ51νŸɽ50ι꤬ͽꡣھޡꥶ٥Ȥ⤫ʤɤӤȤäɤǤޤŸˤޤդǵդˤΤĤơǤƻȤäƤ餫ʤդɬפȸޤ

ʳǤϤ3ƬٱˤΥץ󥰥ɥ塼˥ΥեॹܤƤޤ

ե꡼S
2Ϥ襤ǤƤп͵̤˴٤ι⤤٥塼뤬濴ǡϽХϥåԡӡȤϤܤƤޤϤϱǤޤޤʤꤽʴޤ


֥ͥ
ϡͽ ˻桪
īհʳͽۤǤ(īդηǺʬˤʤޤ)

2R
ȥ롼Υ󥻡աBRFΣƬѥꥹե󥺡⥷ƥȥꡣ
3R
֥꡼ܡॸԥ٥󥻥ɡˡ
6R
ѡץ륹ȥåա
8R
ǥ֥饤ƥȥӥѥ
12R
Υե륿졼˰³ܡ


10RϻåS
Υɡȡ󥶥ܡǥ쥪˥եɥա
11R饯S
ϥ󥰥٥Ȥưϥĥॸȥ祦ĥޥեǥ२󥸥ˡ


3R
ʤաǥ˥Υ֥åࡢȥ롼ӥ塼ƥ
10Rͬ
ǥޥͥޥʡȤܡ
12R
ǥХϥꥢܡ

֥ͥ
ϡͽ ˻桪
īFS
12滳ŤμǤμǤ⿢ǡ㴳פäƤޤƤαɤˤϲϤǤ˼㴳λפפϾˤʤȹͤƤޤäϺα⤢꾯ߤǤƻΰּ̯˱ƶ뤫⡢ȻפäƤޤǯΥϥȥåʤΤ⤬ŪͭʤΤǤɬ⤽Ϥʤʤ褦ʵޤŷβǤΤǤ

ɾǤ쥹Ȥɾ⤽Ǥιޤ13Ϥ٤ƵȤǡȤʥޡȥեۥΤʤ졼ǥ٥ŪˡȤ⤢򤤤ФɤϤˤ󥹤ȻפäƤޤ滳ͭΥԡɡѤȯϤäϤͭˤʤꤽǤ

ܤϥޥͥ4ƬФǡɤϤ⤽ʤϤŸǤϿ͵˴ؤ餺դɬפǤʤȤäƤϤʤʤȤϻפޤ⤷4Ƭƨԡɤߤʬôƥ졼ˤ¾οرĤˤ϶ҤǤɤϤޡƤɤ줫˾̤ɬǽ⤯ʤϤǡˤäƤ2Ƭ餤̤ǽ⤢ޤΤ褦ʺǤˤȤŪϤäϤϤˤʤޤθȰƣڥꥨƤͰ̡ġƣդϤդȻפޤ(Ĥϥޥͥ˵)

⤦ҤȤĤ˥졼٥롢滳1600ȼ㴳פŬ(̳ƻdzϤ)
򤯤廊ƹʤߤȻפޤ

̤Ϥܤϻǰʤ鳰ȤˤʤäƤޤǤɥޥإåɤȡ˶ʤäƤ봶ɥ꡼ॸ㡼ˡǤԤϤΥ졼ϾƤ뤫ɤ狼ޤ衹ǽϤꤽǤԤϵդˤʤ˥ϴޤ󤬼˶פ2лϤʥפΤʡȻפޤĶǥޥ󥷥ܤƤޤѤѤɤưǷڤʤä褦˸ޤȿ͵Υߥɥϲ΅϶ʪǤϺǸ50mdzھ餤ǼϤȻפޤΤɬǤ

Ϸ㤤
ɥ꡼ॸ㡼ˡߥߥɥե饤󥰥åץ2Ƭߥޥͥ4ƬλϢʣ
8
ޥ󥷥ʣ
ɥޥإåñ
ɥ꡼ॸ㡼ˡϢǥ󥰥ƥΡޥͥ륷롢ե饤󥰥åץ롢ߥɥɥޥإåɤ5
ޥ󥷥ɥ꡼ॸ㡼ˡȥߥɥ˥磻ɤ2
ȡޤ17(Ϣ3-112ܹ)ˤʤޤ

ȡޤīդͽۤˤʤޤۤ¾Υ졼ͽۤǺܤȻפޤ

֥ͥ
ϡͽ ˻桪
ϡĥ饤षǥפͭϤǰࡣҡФƤΤܤǤ

ľĹդʥǤϾ줬Τʿ3ǯǡμǤƳޤλοǰȤ졼ǾäΤ楦Ǥ楦ϤμͭϵǰǥޥåˤƾG1˾Ǥޤ˸ӥåξǤǯκοϤä礭ʲꡢͭȤ줿ޥϥߥʷϤͭޥ¤ߤΥˤʤޤ

Υ졼򸫤¤ϤϤ곫뽵äϤˤʤ褦˸ޤ

JF
ե󥿥SǤΰफ鸫ƥȥޡμϤۤɤΤȤʤ¤ưʤȸޤּκǸФƧϤ⤤ơ夬ǤϥϥΥ줬®Ǥ
פ쥳ɤͥǤޤưȸޤ

ǥ٥ι⤤ڥ⥹ޤȲƾޤͳϤ夲Ȼפޤ

ȥޡ
饦ץ󥻥
֥ǥ
å
ϥΥ

ʹ
G1򽳤äưƣ꤬褹ޥΥ쥤ܡƱϼΥޥΥ饤ˤդǤ
ޥΥ쥤
ޥϡ
ޥΥ饤
磻ɥե
ߥĥ凉ϥ

S
ǯޥͭ55ʤ鹥ġȤäȤǵžǽ
ޡ٥饹
åɥ
ץ⥹
饤ץ
ԥ
󥵥ǡ

滳9R
ǥ祦ߥåäƤߤǤϤξ郎ŬȤǤϾݤȸޤȥ饤åȤԽա

5R
ݥХ祦P

7R
󥿥å˾Ƚ碌Ƥա

10R
祦եȡ̤ǽŪϤҤʤȸޤ


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