Mizuho Industry Focus 2006 12 28 Vol. 52 03-5222-5077 masayuki.hayashi@mizuho-cb.co.jp 2
Mizuho Industry Focus 1
2005 14.2 1998 16.8 16 12 1 2 GMS 3 1 2 3 General Merchandise Store GMS 2 Mizuho Industry Focus
4 3 3 CVS 5 3 1992 4 5 2 CVS SHOP99 CVS 3 Mizuho Industry Focus
3 6 SC 4 7 6 3 2006 1 3 7 4 Mizuho Industry Focus
Mizuho Industry Focus 5
5 6 2 6 6 Mizuho Industry Focus
3 3 2 7 7 Mizuho Industry Focus 7
Mizuho Industry Focus 8 2 9.1% 45.1% 89 10
8 2005 3 6.4 11 8 9 Mizuho Industry Focus
65 2005 20 12 2010 1 1 50 40 13 Mizuho Industry Focus 10
1970 1564 1970 40.4 2005 54.5 1970 31.6 2005 52.0 14 1 2005 NHK 1995 1995 Mizuho Industry Focus 11
NHK 1 15 9 1960 4.14 2005 2.56 3 1617 9 Mizuho Industry Focus 12
1 48.2 70.7 18 Mizuho Industry Focus 13
7 8.4% 1920 35 3 Mizuho Industry Focus 14
/ 2 2 Mizuho Industry Focus 15
21 51.7% 7 18.5% 222324 2526 16 Mizuho Industry Focus
80.5 895 1 6 10 272829 10 IT 17 Mizuho Industry Focus
03 65 65 2006 11 30 30 Mizuho Industry Focus 18
2000 2000 5 2001 2001 3 2 2005 8 4 2006 2005 31 5,0006,000 2 19 Mizuho Industry Focus
Tesco.com1999 2000 3 100% 3 2000 90% 2002 3233 11 PB 4 11 1995 82% 20 Mizuho Industry Focus
34 Fresh Direct FAX 1990 1999 6 3000-3500 18 3 26 2 Fresh Direct2002 9 35 Mizuho Industry Focus 21
Fresh Direct Fresh Direct 16 50 50 Mizuho Industry Focus 22
Fresh Direct Fresh Direct Fresh Direct 2005 2.6 1.5 12 36 12 Mizuho Industry Focus 23
2005 9 4 2006 37 2002 1 2005 24.6 +15.3% Mizuho Industry Focus 24
25 20 30 1 2000 20 2005 26.8 +39.6% 38 Mizuho Industry Focus 25
My 39 3 2 1 CVS Mizuho Industry Focus 26
2 Mizuho Industry Focus 27
1 3 SNS 13 13 Social Networking Service 28 Mizuho Industry Focus
39 DS! DS 14 2006 7 DS 2006 9 52 40 14 DSDS 29 Mizuho Industry Focus
DS DS 200 NG DS 2.jp DS Mizuho Industry Focus 30
Mizuho Industry Focus 31 EC 2007
32 Mizuho Industry Focus
Mizuho Industry Focus 52 2006 No.12 18 12 28 2006 Mizuho Corporate Bank, Ltd. 1-5-4 Tel. (03) 5222-5075