Upgrade to Pro — share decks privately, control downloads, hide ads and more …

事業計画の極意

 事業計画の極意

事業計画の極意

masa tadokoro

May 11, 2020
Tweet

More Decks by masa tadokoro

Other Decks in Business

Transcript

  1. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  2. *10 4FSJFT" 4FSJFT# 4FSJFT$ .F[[BOJOF &BSMZ 4UBHF -BUFS 4UBHF 4FFE

    1SF 4FFE 4FFE 4UBHF ࢿۚௐୡͷεςʔδ ਫ਼៛ͳࣄۀܭը͸ ඞཁͳ͠
  3. 1SF4FFE 4FFE 4FSJFT" 4FSJFT#d ʢεέʔϧΛ໨ࢦ͢ʣ 1SF*10 *10Λ໨ࢦ͢ʣ $1'14'Λ໨ࢦ͢ ʢ1.ୡ੒Λ໨ࢦ͢ʣ ʢ6OJUFDPOPNJDT݈શԽʣ

    1PTU*10 *10ޙͷ੒௕ʣ 4UBSUVQͷ ϑΣʔζຖ 3JTL $1'3JTL ॳظࢿຊ੓ࡦ3JTL 'PVOEFS*TTVF'JU3JTL 5FDIOJDBM'FBTJCJMJUZ3JTL 1SPEVDUMBVODI3JTL ૑ۀνʔϜ૊੒3JTL 1JWPUUPMFSBUJPO3JTL 1.'3JTL 6OJU&DPOPNJDT3JTL 0QFSBUJPO#MBDLCPY3JTL $VMUVSF#SFBL3JTL )JSJOH3JTL 5BMFOU3FUFOUJPO3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL &OUSFQSFOFVSUP$90USBOTGPSNSJTL $POHMPNFSBUF%JTDPVOU3JTL *103JTL *10ޙ੒௕3JTL
  4. ̍ ̎ ̏ ̐ ̑ ̒ ̓ ̔ ̕ ϦʔϯΩϟϯύεΛॻ͘ॱ൪͸ҎԼͷΑ͏ʹ͢Δ

    $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE 4UBSUVQ4DJFODF
  5. ΢Υʔλʔ ϑΥʔϧܕ Ͱ͸ֶͿ λΠϛϯά͕஗͍ ϦʔϯελʔτΞοϓܕ Ͱ͸ɺͰ͖Δ͚ͩૣ͘ ϦϦʔεͯ͠ ଟֶ͘Ϳ͜ͱ͕Ͱ͖Δ ཁ݅ఆٛ ։ൃ

    ඼࣭ݕূ ࢢ৔౤ೖ ͋Δఔ౓ ͷֶͼ ֶͼ ΄ͱΜͲͳ͠ ֶͼ ΄ͱΜͲͳ͠ ΄ͱΜͲͷ ֶͼ͸ ࢢ৔౤ೖޙ ૣ͍λΠϛϯά Ͱଟֶ͘΂Δ
  6. ԿΛ՝୊ʹ ײ͍ͯ͡Δͷ͔ ໊લ ΩϟαϦϯɾϋϜϨοτ ೥ྸ ࡀ ग़਎ ΦʔετϥϦΞɾγυχʔ झຯ όοΫύοΫɺࣸਅɺөը

    ৬ۀ ஍ݩͷγυχʔͰ ؃ޢࢣΛ͍ͯ͠Δ େֶଔۀޙ̏೥ಉ͡ පӃͰಇ͍͍ͯΔ ੜ׆ ੈքதʹཱྀߦʹ͍͘͜ͱ͕ੜ͖͕͍ʹͳ͓ͬͯΓɺ ೥ʹ̎ճͷ̎िؒͷόοΫύοΫָ͕͠ΈͰ೔ʑૹ͍ͬͯΔ ཱྀߦͷ ͩ͜ΘΓ ཱྀߦʹߦ࣌͘͸ɺݱ஍Ͱ৘ใΛूΊΔΑ͏ʹ͍ͯ͠ΔɻͰ͖Δ ͚ͩɺݱ஍Ͱ͓ಘͳ৘ใ΍ݱ஍Ͱ͔͠ಘΒΕͳ͍ମݧΛॏࢹ͢ Δ܏޲͕͋Δɻ *5 εϚϗ Ϧςϥγʔ 'BDFCPPL͸ͨ·ʹ౤ߘ͢Δɻϝοηϯδϟʔ͸ 8IBUTVQɻझຯͷࣸਅ͸ɺJOTUBHSBNʹ͍͋͛ͯΔɻੈք தͰࡱͬͨࣸਅΛ͋͛ଓ͚͓ͯΓɺਓͷϑΥϩϫʔ ͕͍Δͷ͕ͪΐͬͱͨࣗ͠ຫͰ͋Δ $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE 4UBSUVQ4DJFODF
  7. 1BJO )FBS 4FF (BJO 4BZ 5IJOL ཱྀߦ͸ָ͠Έ͚ͩͲɺ͋·Γ༧ࢉ͕ͳ͍ͷͰ ৭ʑͱཱྀߦதͷग़අΛ࡟Βͳ͍ͱ͍͚ͳ͍ ৗʹɺ4/4ʢ'BDFCPPL *OTUBHSBN

    Λ ࢖ཱྀͬͯߦதͷه࿥ΛͱΓ͍ͨ ͓ۚΛઅ໿͠ͳ͕Βɺཱྀ͍͍ߦମݧ͢Δͷ͸࠷ߴͩͳ དྷ݄͸ɺ͸͡Ίͯͷ೔ຊ΁ͷཱྀߦɺཱྀ͍͍ߦମݧ ʹ͢ΔͨΊʹ৭ʑͱ৘ใΛूΊΑ͏ ઌ݄೔ຊʹཱྀߦΛͨ͠ ༑ୡ͕ɺͱͯ΋ΤϯδϣΠΛ ͍ͯ͠ΔΈ͍ͨͩͬͨɻ ཱྀઌͰͷ5JQTΛ৭ʑͱ ฉ͍ͯΈΑ͏ ೔ຊ͸ϋΠςΫͳࠃ͔ͩΒ ͖ͬͱɺ৭ʑͱָཱྀ͍͠ߦΛ αϙʔτͯ͘͠ΕΔπʔϧ΍ αʔϏε͕͍ͬͺ͍͋Δ͸ͣ ৭ʑͱݟͯΈΑ͏ ࢲ͸ɺͱͬͯ΋ཱྀߦ׳Ε͍ͯͯ͠ɺ ͦͷ౔஍ͰɺҰ൪͍͍αʔϏε΍͍͍৘ใΛ ݟ͚ͭΔࣄ͕Ͱ͖ΔΘ $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE
  8. εςοϓ ߦಈ ײ৘ͷ ු͖௜Έ ۭߓ౸ண Ҡಈ ϗςϧ ண཮ ੫ؔ ՙ෺

    ϐοΫ 8Jp ઀ଓ Ӻʹ ޲͔͏ ίϯϏχ νέο τങ͏ Ӻߍ಺ ʹҠಈ ిं ଴ͭ ిं ग़ൃ ໨తӺ ౸ண XJp ઀ଓτϥΠ Լं ϗςϧ ୳͢ ెา Ҡಈ νΣοΫ Πϯ ෦԰ͷ XJp γϟϫʔ $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE λον ϙΠϯτ ۭߓ XJp ίϯϏχ XJp Ӻ XJp ిं XJp Ӻ XJp ϗςϧ XJp ࢥߟ ۭߓXJp ஗͍ ଎͍͚Ͳ ళ಺ͷΈ ӺXJp ஗͍ XJpར༻ʹ ԁ ͔͔Δʂ ӺXJp ஗͍ 8Jp շదʂ ೔ຊʹ౸ண͔ͯ͠Β ϗςϧʹνΣοΫΠϯ͢Δ·Ͱͷ ετʔϦʔΛॻ͖ग़͢ ୡ੒͍ͨ͠໨ඪɿ 8JpΛ޷͖ͳ࣌ʹ ར༻ͯ͠৘ใൃ৴͍ͨ͠ʂ
  9. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ݱঢ় ҡ࣋ νΣʔϯ ֦େ ࢤ޲ ݱঢ় ҡ࣋ อݥ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ݱঢ় ҡ࣋ νΣʔϯ ֦େ ࢤ޲ ݱঢ় ҡ࣋ όϦϡʔνΣʔϯ ηάϝϯτ
  10. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ֦େ ࢤ޲ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ় ҡ࣋ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ֦େ ࢤ޲ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ় ҡ࣋ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ϓϩοτ͢Δ
  11. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ֦େ ࢤ޲ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ় ҡ࣋ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ֦େ ࢤ޲ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ় ҡ࣋ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε
  12. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ʣ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ়ҡ࣋ ʢ݅ʣ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ݅ ֦େࢤ޲ ݅ʣ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ়ҡ࣋ ʢ݅ʣ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ়ҡ࣋ ʢ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ݅ ֦େࢤ޲ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ়ҡ࣋ ʢ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ࢢ৔αΠζΛ ໌֬ʹ͢Δ
  13. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ೥  ݅ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ࣗ෼͕ͨͪ ࢢ৔Λ੮ר͢Δ࣌ظ ʹࢢ৔؀ڥ͕Ͳ͏ͳΔ͔ ͷղ૾౓ΛߴΊΔ
  14. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ೥  ݅ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ୅ସ ιϦϡʔγϣϯ ͋Γ ୅ସ 9:; ୅ସ 9:; ୅ସ "#$ ୅ସ &'( ୅ସ ιϦϡʔγϣϯ ͋Γ ୅ସ ιϦϡʔγϣϯ ͋Γ ୅ସ ιϦϡʔγϣϯ ͋Γ
  15. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ೥  ݅ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ୅ସ ιϦϡʔγϣϯ ͳ͠ ୅ସ 9:; ୅ସ 9:; ୅ସ "#$ ୅ସ &'( ୅ସ ιϦϡʔγϣϯ ͳ͠ ୅ସ ιϦϡʔγϣϯ ͳ͠
  16. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ೥  ݅ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ݅ ֦େࢤ޲ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ়ҡ࣋ ݅ ʢ೥ ݅ʣ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ݅ ֦େࢤ޲ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ়ҡ࣋ ݅ ೥ ݅ʣ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ ୅ସ 9:; ୅ସ 9:; ୅ସ "#$ ୅ସ &'( Ұ൪࠷ॳͰ ૂ͏ࢢ৔
  17. ΧλϩάԽ ͷ͠΍͢͞ ग़ՙͷ ͷ͠΍͢͞ ؅ཧͷ ͠΍͢͞ ΦϑϥΠϯͰͷ खʹೖΓ΍͢͞ ϓϩμΫτ ΧςΰϦʔ

    &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷຊ ϚΠφʔͳຊ ചΕےͷ%7% ϚΠφʔͳ%7% ిԽ੡඼ ւ֎੡ిԽ੡඼ Ո۩ ւ֎੡Ո۩ &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷதݹຊ ϚΠφʔͳதݹຊ ചΕےͷதݹ%7% ϚΠφʔͳதݹ%7% தݹిԽ੡඼ தݹւ֎੡ిԽ੡඼ தݹՈ۩ தݹւ֎੡Ո۩
  18. ΧλϩάԽ ͷ͠΍͢͞ ग़ՙͷ ͷ͠΍͢͞ ؅ཧͷ ͠΍͢͞ ΦϑϥΠϯͰͷ खʹೖΓ΍͢͞ ϓϩμΫτ ΧςΰϦʔ

    &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷຊ ϚΠφʔͳຊ ചΕےͷ%7% ϚΠφʔͳ%7% ిԽ੡඼ ւ֎੡ిԽ੡඼ Ո۩ ւ֎੡Ո۩ &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷதݹຊ ϚΠφʔͳதݹຊ ചΕےͷதݹ%7% ϚΠφʔͳதݹ%7% தݹిԽ੡඼ தݹւ֎੡ిԽ੡඼ தݹՈ۩ தݹւ֎੡Ո۩
  19. ΧλϩάԽ ͷ͠΍͢͞ ग़ՙͷ ͷ͠΍͢͞ ؅ཧͷ ͠΍͢͞ ΦϑϥΠϯͰͷ खʹೖΓ΍͢͞ ϓϩμΫτ ΧςΰϦʔ

    &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷຊ ϚΠφʔͳຊ ചΕےͷ%7% ϚΠφʔͳ%7% ిԽ੡඼ ւ֎੡ిԽ੡඼ Ո۩ ւ֎੡Ո۩ &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷதݹຊ ϚΠφʔͳதݹຊ ചΕےͷதݹ%7% ϚΠφʔͳதݹ%7% தݹిԽ੡඼ தݹւ֎੡ిԽ੡඼ தݹՈ۩ தݹւ֎੡Ո۩ ୅ସҊ ୅ସҊͷڧ͞ ਤॻؗऑ͍ ॻళڧ͍ ਤॻؗऑ͍ Ϩϯλϧڧ͍ ௚઀༌ೖऑ͍ Ոి԰ڧ͍ ௚઀༌ೖऑ͍ Ո۩԰ڧ͍ ݹຊ԰த ݹຊ԰த ݹϨίʔυ԰த ݹϨίʔυ԰த தݹՈి԰த தݹՈి԰த தݹՈ۩԰த தݹՈ۩԰த
  20. ಄͕௧͍ ಄௧ༀ ৸ෆ଍ ਭ຾ༀ ετϨε ͓ञ ࢠҭͯͱ ࢓ࣄͷཱ྆ͷ ϓϨογϟʔ 8IZ

    ঱ঢ় ॲํ 8IZ 8IZ ద੾ͳ ιϦϡʔγϣϯఏҊ ϕϏʔ γολʔ
  21. ݴಈ ຊԻ ͦͷߦಈΛ ڧ͍ΒΕ͍ͯΔ ΧελϚʔͷຊԻ ͸ʁ ਂ૚ͷ ຊԻ ΧελϚʔࣗ਎͢Β ݴޠԽ͍ͯ͠ͳ͍

    ਂ૚ͷຊԻͱ͸ʁ ෼ੳͰ ਂ۷Γ͢Δ $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE 4UBSUVQ4DJFODF
  22. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  23. 5SBDUJPO ച্ ΧελϚʔʣ 1SPEVDU 1SPDFTT $VTUPNFS4JEF 7BMVF$IBJO 1SPDFTT $PSQPSBUF TJEF

    1FPQMF ਓһߏ੒ʣ 7BMVBUJPO ݱࡏ ೥ޙ ೥ޙ ೥ޙ ্৔ ௚લظ ্৔࣌ ঢ়ଶΰʔϧϚτϦΫε ઓུ %FGFOTJCJMJUZ
  24. 5SBDUJPO ച্ ΧελϚʔʣ 1SPEVDU 1SPDFTT $VTUPNFS4JEF 7BMVF$IBJO 1SPDFTT $PSQPSBUF TJEF

    1FPQMF ਓһߏ੒ʣ 7BMVBUJPO ݱࡏ ೥ޙ ೥ޙ ೥ޙ ্৔ ௚લظ ্৔࣌ ঢ়ଶΰʔϧϚτϦΫε ઓུ %FGFOTJCJMJUZ ઓུ%FGFOTJCJMJUZ ώτ ϓϩηε όϦϡʔνΣʔϯʣ Ϟϊ ʢϓϩμΫτʣ Χω
  25. 5SBDUJPO ച্ ΧελϚʔʣ 1SPEVDU 1SPDFTT $VTUPNFS4JEF 7BMVF$IBJO 1SPDFTT $PSQPSBUF TJEF

    1FPQMF ਓһߏ੒ʣ 7BMVBUJPO ݱࡏ ೥ޙ ೥ޙ ೥ޙ ্৔ ௚લظ ্৔࣌ ঢ়ଶΰʔϧϚτϦΫε ઓུ %FGFOTJCJMJUZ ઓུ%FGFOTJCJMJUZ
  26. ϦεΫΦϙνϡχςΟʔͷνΣοΫϦετ ✔ɹ$VTUPNFS1SPCMFN'JU3JTL ՝୊Λݟ͚ͭΔ͜ͱ͕Ͱ͖Δ͔Ͳ͏͔ͷϦεΫ  ✔ɹ1SPCMFN4PMVUJPO'JU3JTL ͋Δ΂͖ιϦϡʔγϣϯΛݕূͰ͖Δ͔ͷϦεΫ  ✔'PVOEFSSFBEJOFTT3JTL ૑ۀऀ͕ελʔτΞοϓͷجຊతͳܕΛԡ͍͑ͯ͞Δ͔ͷϦεΫʣ ✔ɹ'PVOEFS*TTVF'JU3JTL

    ૑ۀऀͱ՝୊͕߹͍ͬͯΔ͔ͷϦεΫʣ ✔ *OJUJBM$BQJUBMJ[BUJPO3JTL ॳظͷࢿຊ੓ࡦϦεΫʣ ✔ɹ5FDIOJDBM'FBTJCJMJUZ3JTL ٕज़తʹ࣮ݱՄೳ͔ͷϦεΫʣ ✔ɹ1SPEVDUMBVODI3JTL ϓϩμΫτΛϩʔϯνͰ͖Δ͔ͷϦεΫʣ ✔ɹ'PVOEJOH5FBN#VJMEJOH3JTL ίΞϝϯόʔΛ૊੒Ͱ͖Δ͔ͷϦεΫʣ ✔ɹ1JWPU5PMFSBUJPO3JTL ϐϘοτʹ଱͑ΕΔ͔ͷϦεΫʣ ✔ɹ1SPEVDUNBSLFUpU3JTL ਓ͕ཉ͕͠Δ΋ͷΛ࡞ΕΔ͔ͷϦεΫʣ ✔ɹ1SPEVDU5SBDUJPO3JTL ϓϩμΫτͷτϥΫγϣϯ͕͋Δ͔ͷϦεΫʣ ✔ɹ6OJU&DPOPNJDT3JTL 6OJU&DPOPNJDTΛୡ੒Ͱ͖Δ͔ͷϦεΫʣ ✔0QFSBUJPOCMBDLCPY3JTL ۀ຿͕ϒϥοΫϘοΫεԽͯ͠͠·͏ϦεΫʣ ✔ ɹ4DBMFʢ(PUPNBSLFUԣల։ʣΦϙνϡχςΟʔɹʢ1.'ୡ੒ͨ͠ͷΛԣల։Ͱ͖Δ͔ ✔ 4DBMF 1SPEVDUSPBENBQ ΦϙνϡχςΟʔʢܧଓͯࢗ͠͞ΔϓϩμΫτ࡞ΕΔ͔ʣ ✔ ɹ4DBMF )JSJOH ϦεΫɹʢࣄۀ֦େͷͨΊʹਓΛ࠾༻Ͱ͖Δ͔ʣ ✔ ɹ4DBMF %FGFOTJCJMJUZCVJMEJOHڝ߹ഉআ ϦεΫʢ๷ޚนΛங͖ڝ߹Λഉআ͢Δ͜ͱ͕Ͱ͖Δ͔ʁʣ ✔ ɹ'PVOEFSUP$&0USBOTGPSN3JTL ىۀՈ͔ΒܦӦऀʹͳΕΔ͔ʣ ✔ ɹ$POHSPNBSJU%JTDPVOUϦεΫʢϙʔτϑΥϦΦܦӦΛͨ࣌͠ʹࣄۀؒͷγφδʔ͕͋Δ͔ʣ ✔ ɹ*10ϦεΫʢ*10Ͱ͖Δ͔ɺ*10લͷμ΢ϯϥ΢ϯυʹ͕଱͑͏Δ͔ʁʣ ✔ 1PTU*10(SPXUIΦϙνϡχςΟʔʢ্৔ޙʹ੒௕͢ΔͨΊͷ6QTJEFΛ࢓ࠐΜͰ͍Δ͔ʣ ͔࣍Β࣍΁ͱ ൃੜ͢ΔϦεΫ ΦϓνϡχςΟʔʹ ରԠͰ͖Δ͔ʁ
  27. ϦεΫΦϙνϡχςΟʔͷνΣοΫϦετ ✔ɹ$VTUPNFS1SPCMFN'JU3JTL ՝୊Λݟ͚ͭΔ͜ͱ͕Ͱ͖Δ͔Ͳ͏͔ͷϦεΫ  ✔ɹ1SPCMFN4PMVUJPO'JU3JTL ͋Δ΂͖ιϦϡʔγϣϯΛݕূͰ͖Δ͔ͷϦεΫ  ✔'PVOEFSSFBEJOFTT3JTL ૑ۀऀ͕ελʔτΞοϓͷجຊతͳܕΛԡ͍͑ͯ͞Δ͔ͷϦεΫʣ ✔ɹ'PVOEFS*TTVF'JU3JTL

    ૑ۀऀͱ՝୊͕߹͍ͬͯΔ͔ͷϦεΫʣ ✔ *OJUJBM$BQJUBMJ[BUJPO3JTL ॳظͷࢿຊ੓ࡦϦεΫʣ ✔ɹ5FDIOJDBM'FBTJCJMJUZ3JTL ٕज़తʹ࣮ݱՄೳ͔ͷϦεΫʣ ✔ɹ1SPEVDUMBVODI3JTL ϓϩμΫτΛϩʔϯνͰ͖Δ͔ͷϦεΫʣ ✔ɹ'PVOEJOH5FBN#VJMEJOH3JTL ίΞϝϯόʔΛ૊੒Ͱ͖Δ͔ͷϦεΫʣ ✔ɹ1JWPU5PMFSBUJPO3JTL ϐϘοτʹ଱͑ΕΔ͔ͷϦεΫʣ ✔ɹ1SPEVDUNBSLFUpU3JTL ਓ͕ཉ͕͠Δ΋ͷΛ࡞ΕΔ͔ͷϦεΫʣ ✔ɹ1SPEVDU5SBDUJPO3JTL ϓϩμΫτͷτϥΫγϣϯ͕͋Δ͔ͷϦεΫʣ ✔ɹ6OJU&DPOPNJDT3JTL 6OJU&DPOPNJDTΛୡ੒Ͱ͖Δ͔ͷϦεΫʣ ✔ 0QFSBUJPOCMBDLCPY3JTL ۀ຿͕ϒϥοΫϘοΫεԽͯ͠͠·͏ϦεΫʣ ✔ $VMUVSF#SFBLSJTLʢΧϧνϟʔ͕յΕͯ͠·͏ϦεΫʣ ✔ ɹ4DBMFʢ(PUPNBSLFUԣల։ʣΦϙνϡχςΟʔɹʢ1.'ୡ੒ͨ͠ͷΛԣల։Ͱ͖Δ͔ ✔ 4DBMF 1SPEVDUSPBENBQ ΦϙνϡχςΟʔʢܧଓͯࢗ͠͞ΔϓϩμΫτ࡞ΕΔ͔ʣ ✔ ɹ4DBMF )JSJOH ϦεΫɹʢࣄۀ֦େͷͨΊʹਓΛ࠾༻Ͱ͖Δ͔ʣ ✔ ɹ4DBMF %FGFOTJCJMJUZCVJMEJOHڝ߹ഉআ ϦεΫʢ๷ޚนΛங͖ڝ߹Λഉআ͢Δ͜ͱ͕Ͱ͖Δ͔ʁʣ ✔ ɹ'PVOEFSUFBNUP$90USBOTGPSN3JTL ىۀՈ͔ΒܦӦऀʹͳΕΔ͔ʣ ✔ ɹ$POHSPNBSJU%JTDPVOUϦεΫʢϙʔτϑΥϦΦܦӦΛͨ࣌͠ʹࣄۀؒͷγφδʔ͕͋Δ͔ʣ ✔ ɹ*10ϦεΫʢ*10Ͱ͖Δ͔ɺ*10લͷμ΢ϯϥ΢ϯυʹ͕଱͑͏Δ͔ʁʣ ✔ 1PTU*10(SPXUIΦϙνϡχςΟʔʢ্৔ޙʹ੒௕͢ΔͨΊͷ6QTJEFΛ࢓ࠐΜͰ͍Δ͔ʣ 1SF TFFE 4FFE 4FSJFT "d# 4FSJFT $d
  28. 1SF4FFE 4FFE 4FSJFT" 4FSJFT#d ʢεέʔϧΛ໨ࢦ͢ʣ 1SF*10 *10Λ໨ࢦ͢ʣ $1'14'Λ໨ࢦ͢ ʢ1.ୡ੒Λ໨ࢦ͢ʣ ʢ6OJUFDPOPNJDT݈શԽʣ

    1PTU*10 *10ޙͷ੒௕ʣ 4UBSUVQͷ ϑΣʔζຖ 3JTL $1'3JTL ॳظࢿຊ੓ࡦ3JTL 'PVOEFS*TTVF'JU3JTL 5FDIOJDBM'FBTJCJMJUZ3JTL 1SPEVDUMBVODI3JTL ૑ۀνʔϜ૊੒3JTL 1JWPUUPMFSBUJPO3JTL 1.'3JTL 6OJU&DPOPNJDT3JTL 0QFSBUJPO#MBDLCPY3JTL $VMUVSF#SFBL3JTL )JSJOH3JTL 5BMFOU3FUFOUJPO3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL &OUSFQSFOFVSUP$90USBOTGPSNSJTL $POHMPNFSBUF%JTDPVOU3JTL *103JTL *10ޙ੒௕3JTL
  29. Πϊ ϕʔλʔ ΞʔϦʔ Ξμϓλʔ ΞʔϦʔ ϚδϣϦ Ϩʔτ ϚδϣϦ ϥΨʔυ શମͷd

    $PQZSJHIU.BTBZVLJ5BEPLPSP"MMSJHIUTSFTFSWFE 4UBSUVQ4DJFODF Ϣʔβʔ਺͕ ͋Δᮢ஋ ΩϟζϜӽ͑ʣ ʹୡ͢Δͱ Ұؾʹ֦େ͢Δ
  30. औҾྔ धཁऀଆͷ Ձ஋ ߴ͍ ௿͍ গͳ͍ ଟ͍ ωοτϫʔΫ ίετ ߴ͍

    ௿͍ ػձ ൃݟ ऩӹϞσϧ ͷཱ֬ αΠυ಺ ωοτϫʔΫ ͷେ͖͞ αΠυؒ ωοτϫʔΫ ͷେ͖͞ Ϛϧν ϗʔϛϯάରԠ ิ׬త ϓϩμΫτ 85"ͷ ฐ֐ରԠ ิ׬త ػೳ ॳظࢢ৔ ఆٛ ίϯϓϥΠΞϯε Ψόφϯε 1'Ϗδωε ͷϚΠϧετʔϯ
  31. $VSBUJPO ʢϚονϯά஥հʣ $SFEJCJMJUZ ʢ৴པੑʣ $POTJTUFODZ 69 $POUSJCVUJPO ʢࢀՃऀͷߩݙʣ $PNNVOJUZ $POUSPM

    ʢΨόφϯεʣ $PSSFDUJPO ʢੋਖ਼ʣ $PMMBCPSBUJPO ʢ؃൘ઓུʣ $PSF 5SBOTBDUJPO ,1* $ ,1* 4UBHF *EFBUJPO $1' .71 1.' 5SBOTJUJPO 5P4DBMF ʔ ʔ ʔ ʔ ʔ ʔ ͳ͍͕͠Ζʹ͞Ε͍ͯΔ Ձ஋ೝࣝ͞Ε͍ͯͳ͍ औҾ୯ҐΛݟ͚ͭΔ $PNQFUJUJPO ʢڝ߹ରࡦʣ $POUFOU ίϯςϯπ༠Ҿ ʔ 671Λݟ͚ͭΔ ݱϚʔέοτͷෆΛൃݟ ɾϦςϯγϣϯ཰ ɾ༗ྉԽస׵཰ ɾ༗ྉԽ͢Δ࣌ͷ෇ՃՁ஋ఏҊ ɾਖ਼ͷωοτϫʔΫޮՌΛ ੜΈग़͢ྑ޷ͳΠϯλϥΫγϣϯ཰ ʢྲྀಈੑʣ ɾϚονϯάଅਐͨΊʹϋΠλονͰ ϚονϯάΛߦ͏ ɾࣗΒχϫτϦཛʹͳΔ ɾίϯγΣϧδϡϞσϧΛ࠾༻ ɾΠϕϯτͳͲΛૂ͏ ࣗΒͷωοτϫʔΫΛ։୓ ελʔνΞοϓࣗΒ ίϛϡχςΟʔΛ্ཱͪ͛ͯӡӦ͠ ΧελϚʔϘΠεΛฉ͘ ݶΒΕͨࢢ৔ʹ͓͍ͯ ίΞτϥϯβΫγϣϯΛ ཱ֬͢Δ ɾωοτϫʔΫޮՌΛ ׆༻ͯ͠ڝ߹ʹࠩΛ͚ͭΔ ɾࢀՃऀͷਖ਼ͷωοτϫʔΫޮՌΛ ಋͨ͘Ίͷ๏ଇΛݟ͚ͭΔ ɾॏ૚తͳʢิ׬తͳʣ τϥϯβΫγϣϯΛݕূ࣮͠૷͢Δ ɾαΠυεΠονϯάΛଅ͢ ɾαϒεΫఆֹԽͷݕ౼ӡӦ ɾϖϧιφΛઃܭͯ͠ ݱঢ়ͷϖΠϯδϟʔχʔͱ ͋Δ΂͖όϦϡʔδϟʔχʔ ͷԾઆΛཱͯΔ ɾ-PXUPVDI5FDIUPVDI ͷΩϡϨʔγϣϯΛઃܭ͢Δ ɾεϚʔτϓϥΠγϯά ɾద੾ͳϓϥΠγϯάΛݕূ ɾػցֶश΍"*ͷಋೖΛݕ౼͢Δ ʢ5FDIUPVDIΩϡϨʔγϣϯʣ ɾิ׬తαʔϏεͷఏڙ ɾऔҾͷۭന஍ΛຒΊΔ ɾಉҰαΠυΫϩεαΠυͷ ωοτϫʔΫޮՌଅਐ ɾόϦϥϦςΟʔͷઃఆ ɾྑ͍ίϛϡχςΟͷ ঢ়ଶΛ໌֬ʹͯ͠ӡӦ͢Δ ɾϧʔϧํ਑ΛܾΊΔ ɾιʔγϟϧϦεχϯάΛ࣮ߦ ɾதൈ͖Λ๷͙ͨΊͷิ׬αʔϏεΛݕূ औҾΛఆੑతʹ ϞχλϦϯά ʢ)JHIUPVDI ࿩୊ͱͳΔΑ͏ͳ ΠϯϑϧΤϯαʔΛΦϯϘʔσΟϯά औҾΛੋਖ਼ )JHIUPVDI ɾίϛϡχςΟʔϚωʔδϟʔͷ࠾༻ ɾϢʔβʔάϧʔϓ ɾΤίγεςϜͷղ์ ɾΦʔϓϯϓϥοτϑΥʔϜ"1*Λ࣮૷ ͯ͠ΤίγεςϜΛ֦ு͢Δ ɾσʔλΞάϦήʔγϣϯ ɾϚϧνφγϣφϧԽ ίΞΠϯλϥΫγϣϯͷ ྲྀ௨ྔ͕5JQQJOHϙΠϯτΛ ௒͍͑ͯΔ ɾΫϦςΟΧϧϚεʹ౸ୡͰ͖Δ͔ ɾऔҾҰ݅͋ͨΓͷརӹ཰ ɾฏۉධՁ఺ ɾόϦϡʔδϟʔχʔΛ ϕʔεʹͯ͠69Λߏங͢Δ ʢϋΠλονͰߏஙʣ ɾϒϥϯυͷ֬཰ ɾϚεϢʔβʔ޲͚ʹల։ͯ͠85"ͷঢ়ଶΛங͘ ɾڝ߹͕ૂ͏ྖҬͷ௿Ձ֨Խ ϚεϢʔβʔΛऔΓࠐΉΑ͏ͳίϯςϯπΛ࡞Δ ɾμΠφϛοΫϓϥΠγϯά ɾσʔλΛ׆༻ͨ͠ύʔιφϥΠθʔγϣϯ ɾσʔλ׆༻ϙϦγʔͷಁ໌Խ औҾΛੋਖ਼ )JHIUPVDIPS -PXUPVDI $PNQMJBODF ɾ࠷ॳʹૂ͏΂͖ࢢ৔Λݕূ ɾੜ࢈ऀͱڙڅऀΛ݁ͼ͚ͭΔ ͜ͱʹՁ஋͕͋Δ͔Λݕূ ɾϢʔβʔͷΦϯϘʔσΟϯά ʹدΓఴͬͯɺ৘ใΛूΊΔ ʢϋΠλονΦϯϘʔσΟϯάʣ ɾݱঢ়ͷ୅ସҊΛݕূ͢Δ ʢݱঢ়ͷ୅ସҊʹͲΜͳෆ͕ ͋Δ͔Λݕূʣ ɾऔҾࣗମ͕๏཯ʹ ᧽৮͍ͯ͠ͳ͍͔ΛνΣοΫ ɾࣅͨΑ͏ͳϞσϧ͕ ग़ͯ͜ͳ͍͔΢ΥονΛଓ͚Δ ɾఆظతʹ߹๏ੑΛ νΣοΫ͢Δ ɾऔҾͷ߹๏ੑΛ ఆظతʹνΣοΫ͢Δ ɾϩʔλονςοΫλον ΦϯϘʔσΟϯάͰ͖ͳ͍͔Λݕূ͢Δ ɾෆ҆ͷนΛ৐Γӽ͑Δ๏ଇΛݟ͚ͭΔ ɾ69Λཁૉ෼ղͯ͠ ఆظతʹΩʔυϥΠόʔ෼ੳΛߦ͏ ɾੜ࢈ऀফඅऀ޲͚ͷ69ͷڧԽ ɾΧελϚʔαʔϏεͷ࣮૷ӡ༻ ɾϓϩμ΢τνϟωϧϑΟοτ Λୡ੒͢Δ ʢ̍ͭͰ΋উͪےͷνϟωϧΛݟ͚ͭΔʣ ɾαΠυεΠονϯά཰ ɾΤίγεςϜ಺෦͔Βͷ௅ઓʹରԠ͢Δ ʢྗΛ࣋ͬͨύϫʔηϥʔ΁ͷରԠʣ ࿩୊ͱͳΔΑ͏ͳ ΠϯϑϧΤϯαʔϦετ࡞Γ ʢ৔߹ʹΑͬͯίϯλΫτʣ ࿩୊ͱͳΔΑ͏ͳ ΠϯϑϧΤϯαʔΛϚωʔδϝϯτ͢Δ ɾਓͷؾ഑͕͢Δ5FDIUPVDIΛ࣮૷ ɾϚεϢʔβʔ޲͚ͷ৴པΛఆٛͯ͠ৢ੒͢Δ ɾଟࠃԽઓུʹͯɺ֤ϩʔΧϧͷ৴པΛݴޠԽ ɾେن໛ͳϢʔβʔΧϯϑΝϨϯε ɾڠձͷઃཱ ɾϩϏʔ׆ಈΛ௨ͯ͡ݹ͍ن੍ΛΞοϓσʔτ ɾڝ߹αʔϏεͷങऩݕ౼ ɾϚϧνϗʔϛϯάରԠ औҾΛੋਖ਼ -PXUPVDIPS5FDIUPVDI
  32. αΠτ ͷ๚໰ 4VQQMJFS ڙڅऀʣ #VZFS ʢফඅऀʣ ΞΧ΢ϯτ ࡞੒ ܝࡌ৘ใͷ ࡞੒

    ܝࡌ Ҿ͖߹͍ͷ ௨஌ औҾ ߪೖऀ͕ ൢചऀΛධՁ ఆண αΠτ ͷ๚໰ ΞΧ΢ϯτ ࡞੒ ঎඼ɺαʔϏε ͷݕࡧ ݕࡧ݁Ռ දࣔ औҾ ൢചऀ͕ ߪೖऀΛධՁ σϦόϦʔ #PPLJOH σϦόϦʔ ఆண ফඅऀଆ ϝτϦΫε ڙڅऀଆ ϝτϦΫε ཭୤཰ ཭୤཰ ΞΫςΟ ϕʔγϣϯ཰ ΞΫςΟ ϕʔγϣϯ཰ ܝࡌ৘ใ ׬ྃ཰ ཭୤཰ ϒοΩϯά཰ औҾ੒ཱ཰ औҾ੒ֹཱ औҾ੒ཱ཰ औҾ੒ֹཱ ධՁ఺਺ ධՁ఺਺ ϓϥοτϑΥʔϜܕͷϑϩʔ μϒϧαΠυ ϝτϦΫε ݕࡧ݁Ռͷ Ϛονϯά཰ ൢചऀɾڙڅऀ ͷฏۉධՁ఺਺ Ձ஋ͷަ׵ ྲྀ௨ྔ ৘ใͷަ׵ ࣭ͱྔ Ϧϐʔτ཰ 8"6."6 Ϧϐʔτ཰ 8"6."6 σϦόϦʔ ϦʔυλΠϜ ࠷ॳ͸ࣗΒ ಈ͍ͯ྆ଆΛ ू٬͢Δ ࠷ॳ͸ࣗΒ ಈ͍ͯ྆ଆΛ ू٬͢Δ
  33. ৬ۀ ϓϩ ෭ۀ اۀ͔Β ͷχʔζ ΤϯδχΞ σβΠφʔ ϥΠλʔ ୯७࡞ۀऀ ϓϩ

    ෭ۀ ϓϩ ෭ۀ ϓϩ ෭ۀ ϓϩ ෭ۀ ˕ ˓ ˓ ˓ ˚ ˚ ˚ ˚ ࠷ॳ͸ ߜΓࠐΜͩ
  34. 'FBTJCJMJUZ 4DBMBCJMJUZ ௿͍ ߴ͍ ௿͍ ߴ͍ ɾίϯαϧࣄۀ ɾडୗࣄۀ ɾళฮൢച ɾίϯαϧܕࣄۀʢϋΠλονʣΛ

    4BB4ܕʢϩʔλονςοΫλονʣ ʹస׵ ɾݶఆతηάϝϯτͰϓϥοτϑΥʔϜల։ ɾύΠϓϥΠϯܕ͔Β ϓϥοτϑΥʔϜʹస׵ ɾళฮ͔Β%$Ϗδωεʹస׵ Ϋϥ΢υ ϫʔΫε ɾ࠷ॳ͔ΒશํҐతϓϥοτϑΥʔϜ ܕΛ໨ࢦ͢ ɾ࠷ॳ͔Β5FDIUPVDIϝΠϯͰ4BB4 Λ໨ࢦ͢
  35. αΠτ ͷ๚໰ 4VQQMJFS ڙڅऀʣ #VZFS ʢফඅऀʣ ΞΧ΢ϯτ ࡞੒ ܝࡌ৘ใͷ ࡞੒

    ܝࡌ Ҿ͖߹͍ͷ ௨஌ औҾ ߪೖऀ͕ ൢചऀΛධՁ ఆண αΠτ ͷ๚໰ ΞΧ΢ϯτ ࡞੒ ঎඼ɺαʔϏε ͷݕࡧ ݕࡧ݁Ռ දࣔ औҾ ൢചऀ͕ ߪೖऀΛධՁ σϦόϦʔ #PPLJOH σϦόϦʔ ఆண ফඅऀଆ ϝτϦΫε ڙڅऀଆ ϝτϦΫε ཭୤཰ ཭୤཰ ΞΫςΟ ϕʔγϣϯ཰ ΞΫςΟ ϕʔγϣϯ཰ ܝࡌ৘ใ ׬ྃ཰ ཭୤཰ ϒοΩϯά཰ औҾ੒ཱ཰ औҾ੒ֹཱ औҾ੒ཱ཰ औҾ੒ֹཱ ධՁ఺਺ ධՁ఺਺ ϓϥοτϑΥʔϜܕͷϑϩʔ μϒϧαΠυ ϝτϦΫε ݕࡧ݁Ռͷ Ϛονϯά཰ ൢചऀɾڙڅऀ ͷฏۉධՁ఺਺ Ձ஋ͷަ׵ ྲྀ௨ྔ ৘ใͷަ׵ ࣭ͱྔ Ϧϐʔτ཰ 8"6."6 Ϧϐʔτ཰ 8"6."6 σϦόϦʔ ϦʔυλΠϜ ൃ஫ऀଆ ͷ,1* Λࡉ͔͘ͱΔ
  36. ৬ۀ ϓϩ ෭ۀ اۀ͔Β ͷχʔζ ΤϯδχΞ σβΠφʔ ϥΠλʔ ୯७࡞ۀऀ ϓϩ

    ෭ۀ ϓϩ ෭ۀ ϓϩ ෭ۀ ϓϩ ෭ۀ ˕ ˓ ˓ ˓ ˚ ˚ ˚ ˚ ର৅ྖҬΛ ޿͍͛ͯͬͨ
  37. ᶈ0QFSBUJPOBM &YDFMMFODF 7BMVFDIBJO ᶄ%BUB .BSLFU *OTJHIU ᶃ5FDIOPMPHZ *OOPWBUJPONPEFM ᶇ$VMUVSF 5FBN

    $90 ᶆ#SBOE "XBSFOFTT ᶅ/FUXPSL F⒎FDU #VTJOFTT SFMBUJPOTIJQ *1 5FDIUPVDI 0QFSBUJPO )JHIUPVDI 0QFSBUJPO )JSJOH3FUFOUJPO 1PXFS .BTT6TFS "EBQUBUJPO 1FSTPOBMJ[BUJPO 4UBSUVQ %FGFOTJCJMJUZ $JSDMFT
  38. اۀ Ձ஋ #4 1- Ձ஋ ɾݱࡏͷऩӹੑ ɾ#4ͷ݈શੑʢݱ༬ۚɺआۚʣ ɾݻఆࢿ࢈ͷՁ஋ γεςϜɺઃඋͳͲʣ ελʔτΞοϓͷՁ஋ʢόϦϡΤʔγϣϯʣΛܾΊΔཁૉ

    %FGFOTJCJMJUZ "TTFU ڝ߹༏Ґੑ ࢿ࢈ʣ ɾࣗࣾอ༗ςΫϊϩδʔͷलҳ͞ ɾ஌ࡒʢಛڐʣ ɾΤϯδχΞϝϯόʔͷೳྗٕज़ྗ ɾ1SPEVDUͷलҳੑ 5FDIOPMPHZ*1&OHJOFFSJOH ɾ.BSLFU*OTJHIU ɾ%BUBྔ%BUBϞσϧ ɾ%BUB%SJWFOܦӦͷϊ΢ϋ΢γεςϜ %BUB*OTJHIU ɾىۀՈͷۀքݖҖੑ$BQBCJMJUZ4LJMM ɾܦӦೳྗ ɾ.77ͷਁಁ౓ ɾ5FBNϝϯόʔͷ$BQBCJMJUZ ɾϝϯόʔͷΤϯήʔδϝϯτϞνϕʔγϣϯ $VMUVSF5FBN$90 /FUXPSLF⒎FDU #VTJOFTTSFMBUJPOTIJQ"TTFU #SBOE"XBSFOFTT.BSLFUJOH"TTFU 0QFSBUJPOBM&YDFMMFODF ɾόϦϡʔνΣʔϯͷ੒ख़౓ΧελϚʔରԠଆϊ΢ϋ΢ ʢϕετϓϥΫςΟεɺࣄྫɺϚχϡΞϧͳͲʣ ɾόϦϡʔνΣʔϯͷ੒ख़౓ίʔϙϨʔταΠυϊ΢ϋ΢ ʢҙࢥܾఆਝ଎Խͷ࢓૊ΈɺΨόφϯεɺίϯϓϥΠΞϯεͳͲʣ ɾωοτϫʔΫޮՌ ɾϦϨʔγϣϯγοϓΞηοτ ʢސ٬ɺϝσΟΞɺΨόϝϯτɺ౤ࢿՈɺ ϝϯλʔΞυόΠβʔɺαϓϥΠϠʔͳͲʣ ɾ޿ࠂҎ֎ͷސ٬֫ಘνϟωϧ ʢϝσΟΞϦϨʔγϣϯίϛϡχςΟʔ ΠϯϑϧΤϯαʔͳͲʣ ɾ޿ࠂʹΑΔ֫ಘνϟωϧ ɾϒϥϯυೝ஌౓ ɾઓུͷ໌֬͞ ɾઓུͷಠࣗੑ ɾΠϊϕʔγϣϯϞσϧ 4USBUFHZ
  39. 1SF4FFE 4FFE 4FSJFT" 4FSJFT#d ʢεέʔϧΛ໨ࢦ͢ʣ 1SF*10 *10Λ໨ࢦ͢ʣ $1'14'Λ໨ࢦ͢ ʢ1.ୡ੒Λ໨ࢦ͢ʣ ʢ6OJUFDPOPNJDT݈શԽʣ

    1PTU*10 *10ޙͷ੒௕ʣ 5FDIOP MPHZ .BSLFU*OTJHIU *OTJHIU 5SBDUJPO %BUB $VMUVSF 5FBN $90 #VTJOFTT SFMBUJPOTIJQ "TTFU 4USBUFHZ /FUXPSL ޮՌ #SBOE "XBSFOFTT .BSLFUJOH "TTFU 1SPEVDU 7BMVF $IBJO 0QFSBUJPOBM &YDFMMFODF ࣗࣾςΫϊϩδʔͷलҳ͞ ΤϯδχΞϝϯόʔͷ༏ल͞ ஌ࡒಛڐɹ %FFQ5FDIͷ৔߹͸ॳظ͔Βඞཁ %BUBྔ%BUBϞσϧ%BUB%SJWFOܦӦͷϊ΢ϋ΢γεςϜ #VTJOFTT3FMBUJPOTIJQ"TTFU ϩʔυϚοϓઓུͷղ૾౓ͷߴ͞ ىۀՈͷۀքݖҖੑ$BQBCJMJUZ4LJMM ىۀՈˠܦӦऀʹ5SBOTGPSN .77ͷਁಁ౓ ޿ࠂҎ֎ͷ֫ಘνϟωϧ ޿ࠂʹΑΔ֫ಘνϟωϧ ϒϥϯυՁ஋ೝ஌౓ ϑϩϯτଆͷόϦϡʔνΣʔϯͷ੒ख़౓ ίʔϙϨʔτଆͷόϦϡʔνΣʔϯͷ੒ख़౓ 1.'ͷࣔࠦ ϝϯόʔͷ$BQBCJMJUZ&OHBHFNFOU 5SBDUJPO ϓϩμΫτͷलҳੑ 1SPEVDUQPSUGPMJPͷγφδʔ
  40. اۀ Ձ஋ #4 1- Ձ஋ ɾݱࡏͷऩӹੑ ɾ#4ͷ݈શੑʢݱ༬ۚɺआۚʣ ɾݻఆࢿ࢈ͷՁ஋ γεςϜɺઃඋͳͲʣ ελʔτΞοϓͷՁ஋ʢόϦϡΤʔγϣϯʣΛܾΊΔཁૉ

    %FGFOTJCJMJUZ "TTFU ڝ߹༏Ґੑ ࢿ࢈ʣ ɾࣗࣾอ༗ςΫϊϩδʔͷलҳ͞ ɾ஌ࡒʢಛڐʣ ɾΤϯδχΞϝϯόʔͷೳྗٕज़ྗ ɾ1SPEVDUͷलҳੑ 5FDIOPMPHZ*1&OHJOFFSJOH ɾ.BSLFU*OTJHIU ɾ%BUBྔ%BUBϞσϧ ɾ%BUB%SJWFOܦӦͷϊ΢ϋ΢γεςϜ %BUB*OTJHIU ɾىۀՈͷۀքݖҖੑ$BQBCJMJUZ4LJMM ɾܦӦೳྗ ɾ.77ͷਁಁ౓ ɾ5FBNϝϯόʔͷ$BQBCJMJUZ ɾϝϯόʔͷΤϯήʔδϝϯτϞνϕʔγϣϯ $VMUVSF5FBN$90 /FUXPSLF⒎FDU #VTJOFTTSFMBUJPOTIJQ"TTFU #SBOE"XBSFOFTT.BSLFUJOH"TTFU 0QFSBUJPOBM&YDFMMFODF ɾόϦϡʔνΣʔϯͷ੒ख़౓ΧελϚʔରԠଆϊ΢ϋ΢ ʢϕετϓϥΫςΟεɺࣄྫɺϚχϡΞϧͳͲʣ ɾόϦϡʔνΣʔϯͷ੒ख़౓ίʔϙϨʔταΠυϊ΢ϋ΢ ʢҙࢥܾఆਝ଎Խͷ࢓૊ΈɺΨόφϯεɺίϯϓϥΠΞϯεͳͲʣ ɾωοτϫʔΫޮՌ ɾϦϨʔγϣϯγοϓΞηοτ ʢސ٬ɺϝσΟΞɺΨόϝϯτɺ౤ࢿՈɺ ϝϯλʔΞυόΠβʔɺαϓϥΠϠʔͳͲʣ ɾ޿ࠂҎ֎ͷސ٬֫ಘνϟωϧ ʢϝσΟΞϦϨʔγϣϯίϛϡχςΟʔ ΠϯϑϧΤϯαʔͳͲʣ ɾ޿ࠂʹΑΔ֫ಘνϟωϧ ɾϒϥϯυೝ஌౓ ɾઓུͷ໌֬͞ ɾઓུͷಠࣗੑ ɾΠϊϕʔγϣϯϞσϧ 4USBUFHZ
  41. 5SBDUJPO ച্ ΧελϚʔʣ 1SPEVDU 1SPDFTT $VTUPNFS4JEF 7BMVF$IBJO 1SPDFTT $PSQPSBUF TJEF

    1FPQMF ਓһߏ੒ʣ 7BMVBUJPO ݱࡏ ೥ޙ ೥ޙ ೥ޙ ্৔ ௚લظ ্৔࣌ ঢ়ଶΰʔϧϚτϦΫε ઓུ %FGFOTJCJMJUZ Ϟϊϓϩηεώτ
  42. 6OJU&DPOPNJDT ʢ-57➗$1"ʣ Y ސ٬਺  "316YӦۀརӹ཰ Y  ݄ͷ$IVSO཰ ᶃ·ͣ࠷ॳʹ

    ݄ͷ$IVSO཰Λ վળ͢Δ ᶄ࣍ʹ$1" ΛԼ͛Δ ᶅ 6OJU&DPOPOJNJDT Λ݈શԽͯ͠ ސ٬਺Λ૿΍͢ ࣄۀͷऩӹ
  43. )3ࡒ຿๏຿ .BSLFUJOH #J[%FW 1SPUPUZQF *NQMFNFOU BUJPO $VTUPNFS 4VDDFTT ։ൃ ඪ४Խ

    औక໾"͞Μ औక໾"͞Μ ୅දऔక໾#͞Μ ΤϯδχΞ$͞Μ ઃܭ ֎஫ઌΤϯδχΞ 9:;ࣾͷࣾ಺ମ੍ʢ1SFTFFEظʣ
  44. )3ࡒ຿๏຿ .BSLFUJOH #J[%FW 1SPUPUZQF *NQMFNFOU BUJPO $VTUPNFS 4VDDFTT ։ൃ ඪ४Խ

    औక໾"͞Μ औక໾"͞Μ ୅දऔక໾#͞Μ ΤϯδχΞ$͞Μ ઃܭ ֎஫ઌΤϯδχΞ 9:;ࣾͷࣾ಺ମ੍ʢ1SFTFFEظʣ ͜ͷϓϩηε͕ શମͷϘτϧωοΫ ඪ४Խ୲౰͕͍ͳ͍ͷͰ ແܗࢿ࢈͕஝ੵ͞Εͳ͍ ʢόϦϡΤʔγϣϯϦλʔϯ͕ ஝ੵ͞Εͳ͍ʣ "͞Μͷෛ୲͕ େ͖͍ "͞Μͷෛ୲͕ େ͖͍ ୭΋ ͍ͳ͍
  45. )3ࡒ຿๏຿ .BSLFUJOH #J[%FW 1SPUPUZQF *NQMFNFOU BUJPO $VTUPNFS 4VDDFTT ։ൃ ඪ४Խ

    औక໾"͞Μ औక໾"͞Μ ୅දऔక໾#͞Μ ΤϯδχΞ$͞Μ ઃܭ ֎஫ઌΤϯδχΞ 9:;ࣾͷࣾ಺ମ੍ʢ4FFEظʣ γʔυϑΝΠφϯε Ͱิڧ͢Δਓࡐ γϦʔζ"ϑΝΠφϯε Ͱิڧ͢Δਓࡐ γϦʔζ"ϑΝΠφϯε Ͱิڧ͢Δਓࡐ γϦʔζ"ϑΝΠφϯε Ͱิڧ͢Δਓࡐ
  46. ࢀর ໘઀ ࢀর ࢀর Ԡื ϦΫϧʔςΟϯά Ϧετ λΠϛϯά߹͑͹໘઀ ΤʔδΣϯτ ɹʢਓࡐ঺հձࣾ

    ɹϔουϋϯλʔ౳ʣ ࢀর ࣗࣾνϟωϧ ɾϗʔϜϖʔδ ɾձࣾઆ໌ձ ɾࣗࣾ࠾༻ϖʔδ ɾࣾһϒϩάܦӦਞϒϩά ɾࣾһΠϯλϏϡʔ ɾਓࣄϒϩά ɾΠϕϯτษڧձ։࠵৘ใ ༗ྉνϟωϧ ɾϚε޿ࠂʢ৽ฉަ௨޿ࠂʣ ɾ8FC޿ࠂ ɾస৬ϑΣΞ ࠾༻νϟωϧ ೖࣾ ಺ఆ ࢀর μΠϨΫτ ϦΫϧʔςΟϯά 4/4 ɾϏδωε4/4 8BOUFEMZ -JOLFEJOͳͲ  ɾ5XJUUFS'BDFCPPL ϦϑΝϥϧ ʢࣾ಺ࣾ֎ʣ ΞʔΧΠϒ
  47. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  48. ౦ূࢢ৔ +"4%"2 Ұ෦ ೋ෦ Ϛβʔζ ελϯμʔυ άϩʔε גओ਺ ਓҎ্ ਓҎ্

    ਓҎ্ ਓҎ্ ਓҎ্ ྲྀ௨גࣜ਺ ສ୯ҐҎ্ ୯Ґ Ҏ্ ୯ҐҎ্ ྲྀ௨גࣜ࣌Ձ૯ֹ ԯҎ্ ̑ԯҎ্ ̑ԯҎ্ ̑ԯҎ্ ྲྀ௨ൺ཰ Ҏ্Ҏ্ Ҏ্ ެืͷ࣮ࢪ ୯ҐҎ্ ެื୯ҐҎ্PS ্৔ג਺ͷҎ্ͷެืɾചΓग़͠ ࣌Ձ૯ֹ ̎̑̌ԯҎ্ ̎̌ԯҎ্ ̍̌ԯҎ্ ࣄۀܧଓ೥਺ ೥Ҏ্ ೥Ҏ্ ̍೥Ҏ্ ७ࢿ࢈ͷֹ ̍̌ԯҎ্ ̍̌ԯҎ্ ̎ԯҎ্ ਖ਼͍͠ རӹͷֹ ࠷ۙ̎೥ؒͷ߹ܭ͕ ̑ԯԁҎ্ ࠷ۙ̍೥ؒ ̍ԯԁ גࣜެ։ࢢ৔ͷܗࣜج४
  49. ্৔લͷεέδϡʔϧ ߲໨ ௚લʑظ ௚લظ ਃ੥ظ ্৔લن੍ גࣜ ୈࡾऀׂ౰ਪ঑ ʢ্৔࣌ച٫Մೳʣ ୈࡾऀׂ౰Մೳ

    ʢ্৔࣌ച٫ෆՄʣ גࣜҠಈՄೳʢ্৔࣌ച٫Մೳʣ ετοΫ Φϓγϣϯ ෇༩ਪ঑ ʢݖརߦ࢖ʹΑΓऔಘͨ͠ גࣜͷ্৔࣌ച٫Մೳʣ ෇༩Մೳ ʢݖརߦ࢖ʹΑΓऔಘͨ͠ גࣜͷ্৔࣌ച٫ෆՄʣ גࣜ෼ׂ גࣜ෼ׂ ਪ঑ ެืલن੍ظؒ ։ࣔର৅ظؒ ্ ৔ ೔
  50. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  51. $MPTF $MPTF .  " .  " . 

    " γʔυ γϦʔζ" γϦʔζ# *10 શͯͷ ελʔτΞοϓ ͕ઌʹਐΊΔ Θ͚Ͱ͸ͳ͍ $MPTF γʔυ
  52. $MPTF $MPTF .  " .  " . 

    " γʔυ γϦʔζ" γϦʔζ# *10 $MPTF γʔυ͔ΒγϦʔζ" ʹߦ͚Δͷ͸ d γϦʔζ"͔Β# ʹߦ͚Δͷ͸ d *10Ͱ͖Δͷ͸ શମ͔Βݟͯ ਺ύʔηϯτ http://tomtunguz.com/followon-patterns/ γʔυ
  53. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈ ݱঢ়ͷചΓ্͛ͷ ಡΈϕʔεͷ ࢒Ωϟογϡ
  54. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈΛʹ͢Δ
  55. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈΛʹ͢Δ 3VOXBZ ͕ͲΕ͘Β͍࣋ͭ ͔ܭࢉ͢Δ
  56. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈΛʹ͢Δ 3VOXBZ͕ϲ݄ ҎԼͳΒ͹ ඇৗࣄଶϞʔυͰ ࢭ݂ʹೖΔ
  57. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈΛʹ͢Δ ϲ݄ϲ݄ ͷ3VOXBZͳΒ͹ ඇৗࣄଶΛอͪͭͭ ࠶ߏஙʹೖΔ
  58. 5JNF ݱ࣌఺ ̒ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ϲ݄ޙ ച্ .33  ࢒

    Ωϟογϡ ྔ ݱঢ়ͷചΓ্͛ͷ ಡΈΛʹ͢Δ 3VOXBZ͕௕͘ ΩϟογϡϙδςΟϒ ͳΒ֦େ࠶ੜ࢈ ʹೖΔ
  59. ࣄۀ" 1- ࣄۀ# 1- ࣄۀ$ 1- ࣄۀ" ࣄۀ# ࣄۀ$ $'0

    ࣄۀશମ ͷ1- ೔࣍ͷ ࢿۚ܁Γ ʢ$'؅ཧ τοϓμ΢ϯ Ͱࢦࣔ͢Δ $&0 ϦʔμʔγοϓνʔϜ ͸ຖ೔ີʹίϛϡχέʔγϣ ϯɻ೔࣍ͷ ΩϟογϡϑϩʔΛ֬ೝ͠ͳ ͕Βɺ৘ใ͕ෆ׬શͰ΋ܾஅ Λ܁Γฦ͍ͯ͘͠ ࣄۀ" ੹೚ऀ ࣄۀ# ੹೚ऀ ࣄۀ$ ੹೚ऀ ίετΧοτ ϓϩδΣΫτνʔϜ ίετ Χοτ Λߦ͏ ۜߦ ີͳ ίϛϡχέʔγϣϯ Λߦ͍ #BE/FXT Λૣ͘ฉ͘ Ͱ͖Δ͚ͩ आΓೖΕΛ ߦ͏ Ϧʔμʔ γοϓ νʔϜ ඇৗ࣌ͷελʔτΞοϓӡӦ
  60. ࣄۀ" 1- ࣄۀ# 1- ࣄۀ$ 1- ࣄۀ" ࣄۀ# ࣄۀ$ $'0

    ࣄۀશମ ͷ1- ݄࣍ͷ ࢿۚ܁Γ ʢ$'؅ཧ ຖ݄ 1-Λใࠂ $&0 ຖ݄ ࣄۀશମͷ 1-$'Λใࠂ ࣄۀ੹೚ऀͱఆظతʹ ίϛϡχέʔγϣϯ ৘ใΛͰ͖Δ͚ͩूΊͯ ίϯηϯαεΛ ͱ͍ͬͯ͘ ௨ৗ࣌ͷελʔτΞοϓӡӦ
  61. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  62. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ݱঢ় ҡ࣋ νΣʔϯ ֦େ ࢤ޲ ݱঢ় ҡ࣋ อݥ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ݱঢ় ҡ࣋ νΣʔϯ ֦େ ࢤ޲ ݱঢ় ҡ࣋ όϦϡʔνΣʔϯ ηάϝϯτ
  63. όϦϡʔνΣʔϯ η ά ϝ ϯ τ େ ηάϝϯτ த ηάϝϯτ

    খ ηάϝϯτ ू٬ ༧໿؅ཧ υλΩϟϯ ରԠ ױऀ ؅ཧ ױऀ ఆணԽ ࣄ຿ ॲཧ ਓࣄ ࿑຿ ࣗඅ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˓ ˕ ˓ ˕ ˓ 9 ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˓ 9 νΣʔϯ ֦େ ࢤ޲ ˓ ˚ ˕ ˓ ˕ ˚ ˚ ݱঢ় ҡ࣋ ˓ ˚ ˓ ˓ ˓ ˚ ˚ อݥ ࣏ྍ ݸਓ ܦӦ ֦େ ࢤ޲ ˕ ˚ 9 ˚ ˚ ˕ ˓ ݱঢ় ҡ࣋ ˕ ˚ 9 ˚ ˚ ˕ ˓ νΣʔϯ ֦େ ࢤ޲ ˓ ˚ 9 ˚ ˚ ˚ 9 ݱঢ় ҡ࣋ ˓ ˚ 9 ˚ ˚ ˚ 9 ˕χʔζߴ˓χʔζத ˚χʔζ௿9χʔζͳ͠ χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε χʔζ͕ ڧ͍ϓϩηε
  64. ΧλϩάԽ ͷ͠΍͢͞ ग़ՙͷ ͷ͠΍͢͞ ؅ཧͷ ͠΍͢͞ ΦϑϥΠϯͰͷ खʹೖΓ΍͢͞ ϓϩμΫτ ΧςΰϦʔ

    &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷຊ ϚΠφʔͳຊ ചΕےͷ%7% ϚΠφʔͳ%7% ిԽ੡඼ ւ֎੡ిԽ੡඼ Ո۩ ւ֎੡Ո۩ &BTZ )BSE &BTZ )BSE &BTZ )BSE &BTZ )BSE ചΕےͷதݹຊ ϚΠφʔͳதݹຊ ചΕےͷதݹ%7% ϚΠφʔͳதݹ%7% தݹిԽ੡඼ தݹւ֎੡ిԽ੡඼ தݹՈ۩ தݹւ֎੡Ո۩
  65. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL
  66. 5SBDUJPO ച্ ΧελϚʔʣ 1SPEVDU 1SPDFTT $VTUPNFS4JEF 7BMVF$IBJO 1SPDFTT $PSQPSBUF TJEF

    1FPQMF ਓһߏ੒ʣ 7BMVBUJPO ݱࡏ ೥ޙ ೥ޙ ೥ޙ ্৔ ௚લظ ্৔࣌ ঢ়ଶΰʔϧϚτϦΫε ઓུ %FGFOTJCJMJUZ ઓུ%FGFOTJCJMJUZ ώτ ϓϩηε όϦϡʔνΣʔϯʣ Ϟϊ ʢϓϩμΫτʣ Χω
  67. *EFBUJPO $1' 14' 1.' 554 4DBMF *10 1PTU *10 1SPEVDU

    .BSLFU 'PVOEFS 5FBN 'JOBODF $1' 3JTL 'PVOEFS*TTVF'JU 3JTL *OJUJBM$BQJUBMJ[BUJPO 3JTL 'PVOEFS3FBEJOFTTϦεΫ 5FDI 'FBTJCJMJUZ 3JTL 1SPEVDU -BVODI 3JTL #VSO3JTL 1JWPU5PMFSBUJPO3JTL 1.' 3JTL 'PVOEJOH5FBN #VJMEJOH3JTL $PGPVOEFS4IBSF"MMPDBUJPO 3JTL 6OJU &DPOPNJDT 3JTL (SPXUI 3JTL )JSJOHSJTL *10 3JTL *10४උ 3JTL 4UPDL%JMVUJPO3JTL $POHMPNFSBUF %JTDPVOU3JTL 1PTU*10(SPXUI 3JTL %FGFOTJCJMJUZ#VJMEJOH3JTL 'PVOEFSUP$&0 5SBOTGPSN3JTL 1PTU*10)3 SJTL 4VDDFTT4UBUVT 2VP3JTL 0QFSBUJPOCMBDLCPY3JTL 4VDDFTTPS3JTL 1SFTFFE 4FFE 4FSJFT" 4FSJFT#d 1SF*10 $&01VCMJD'JHVSF 5SBOTGPSN3JTL 5BMFOU3FUFOUJPO3JTL 'VOESBJTJOH3JTL $VMUVSF#SFBL3JTL