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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Summary and Analysis 1 3 ങͬͯΑ͔ͬͨ΋ͷͱ͸ͳʹ͔ ʮങͬͯΑ͔ͬͨ΋ͷʯ͸OPUFͰ೥຤߃ྫͷ͓୊اըͰ͢ɻOPUFʹ ޲͔ͬͯԿΛॻ͜͏ͱ͍͏ͱ͖ɺࣗ෼ͷ͜ͱΛޠΔΑΓ΋ࣗ෼ͷങͬͯ 
 Α͔ͬͨ΋ͷΛޠΔ΄͏͕؆୯ʹײ͡Δਓ΋ଟ͘ɺ૑࡞ͷୈҰาʹͱͯ΋ ޲͍͍ͯ·͢ɻҰݟͨͩͷങ͍෺ϨϏϡʔͷΑ͏Ͱɺ࣮͸ԿΛങͬͯ 
 Α͔ͬͨͷ͔ɺਓͷߦಈ΍Ձ஋؍͕ө͠ग़͞ΕΔ͓୊Ͱ͢ɻϨϙʔτ̎೥ ໨ͱͳΔࠓ೥͸ɺങ͍෺ʹมԽͷஹ͠΋ݟ͖͑ͯ·ͨ͠ɻͥͻܝࡌ͞Εͨ ࡞඼ͱͱ΋ʹָ͓͠Έ͍ͩ͘͞ɻ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 4 ίϩφՒ̎೥໨Ͱ 
 ফඅͷҙຯ͕มԽͨ͠Ұ೥ ίϩφՒ͕̎೥໨ʹೖͬͯ૬มΘΒͣઌͷݟ͑ͳ ͍ঢ়گ͕ଓ͍ͨࠓ೥ɺʮങͬͯΑ͔ͬͨ΋ͷʯͷ هࣄʹ͓͍ͯ΋͞·͟·ͳਓ͕ࠔ೉΍ετϨεʹ ରॲ༷ͨ͠ࢠ͕ු͔ͼ্͕Γ·ͨ͠ɻߦ͘৔ॴ΍ ձ͑Δਓʹ੍ݶ͕͋ΔதͰɺࣗ෼ͷίϯτϩʔϧ Ͱ͖Δൣғͷ͜ͱΛ·ͣ΍Δͱ͍͏࢟੎͕ͨ͘͞Μ Summary and Analysis ݟΒΕ·ͨ͠ɻࣗ෼ͷखͷಧ͘೔ৗੜ׆ʹ 
 ʮ͓͏ͪ࣌ؒʯΛίϯτϩʔϧ͠ ͯɺ೔ʑͷετϨε ΛऔΓআ͖ɺ༗ҙٛͳ࣌ؒʹ͠Α͏ͱ͢Δ܏޲ 
 Ͱ͢ɻ࢓ࣄͰ࢖͏ΨδΣοτ΍೔ʑͷੜ׆༻඼Λ ݟ௚͠ɺՈࣄ͸߹ཧԽͯ͠ேͷίʔώʔͷ࣌ؒΛ Ώͬ͘Γ᩵୔ʹա͢͝ɻࠓ·ͰԿͷؾͳ͠ʹ ա͍ͯͨ͝͠ϧʔςΟϯΛపఈతʹݟ௚͢ಈ͖ 
 Ͱ͢ɻಉ࣌ʹɺ֎ग़ېࢭͳͲ౰ͨΓલͩͬͨߦಈ ੍͕ݶ͞Εɺઌͷݟ͑ͳ͍ด࠹ײʹཱͪ޲͔͏ 
 ͨΊʹʮ৺ΛέΞ͢ΔͨΊͷങ͍෺ʯ΍ɺʮങ͍෺ ͦͷ΋ͷ͕ΤϯλʔςΠϯϝϯτԽʯ͢Δஹ͠΋ ͋Γ·ͨ͠ɻ

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5 ೔ৗͷʮ͓͏ͪ࣌ؒʯΛίϯτϩʔϧͯ͠೔ʑ ͷετϨεΛऔΓআ͖ɺ༗ҙٛͳ࣌ؒΛखʹ 
 ೖΕΔ ઌͷݟ͑ͳ͍ด࠹ײʹཱͪ޲͔͏ͨΊͷʮ৺Λ έΞ͢ΔͨΊͷങ͍෺ʯ΍ʮങ͍෺ͦͷ΋ͷ͕ ΤϯλʔςΠϯϝϯτԽʯ͢Δஹ͠

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 6 σʔλͰΈΔ 
 ങͬͯΑ͔ͬͨ΋ͷ ʮങͬͯΑ͔ͬͨ΋ͷʯ͸OPUFͷެࣜͳ͓୊ͱͯ͠͸೥ͷ೥຤ʹ 
 ͸͡·ΓɺࠓͰ͸௨೥Ͱ౤ߘ͕ू·ΔਓؾͷϋογϡλάͱͳΓ·ͨ͠ɻ 
 ࠓ೥͸݄ॳ०·ͰͰ ݅΋ͷ౤ߘ͕ू·Γɺࡢ೥ͷಉ࣌ظ·Ͱͱ 
 ൺֱͯ͠΋ॻ͍ͨਓͷ਺͕૿͍͑ͯ·͢ɻ·ͨɺങͬͯΑ͔ͬͨ΋ͷ͕ 
 ͍ͭͨهࣄͷฏۉ౤ߘจࣈ਺͸ จࣈΛ௒͑ɺฏۉͯ͠ݪߘ༻ࢴ 
 ຕ෼ͷങ͍෺ମݧ͕ͭͮΒΕ͍ͯ·͢ɻฏۉεΩ਺͸݅ͱͳΓɺ 
 ಡऀʹͱͬͯ΋༗ҙٛͳɺॻ͖खʹ΋ಡΈखʹ΋ਓؾͷ͓୊Ͱ͋Δͱ 
 ݴ͑·͢ɻ ˞ूܭର৅ظؒɿ೥݄೔ʙ݄೔ Summary and Analysis

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 7 ਓؾΧςΰϦΛͻ΋ͱ͘ Category Analysis

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 8 ਓؾΧςΰϦͷҠΓมΘΓ 2020 to 2021 OPUFͰ͸ΫϦΤΠλʔͷΈͳ͞Μ͕ॻ͔ΕͨهࣄΛɺࣗવݴޠٕज़ʹΑΔهࣄ಺༰ͷ෼ੳ͔ΒͷΧςΰϦʹࣗಈͰ෼ྨ͍ͯ͠·͢ɻങͬͯ Α͔ͬͨ΋ͷʹ͓͚ΔΧςΰϦ͝ͱͷهࣄൺ཰ͷมԽ͸ɺ্ҐΧςΰϦʹ͸มԽ͸ͳ͍΋ͷͷɺ̎Ґͷϑʔυͱ̏ҐͷՈఉ͕ࡢ೥ͱೖΕସΘ Γ·ͨ͠ɻ·ͨ̐ҐͷϑΝογϣϯͱ̑Ґͷඒ༰ͷهࣄ਺͕શମͷׂ߹ͱͯ͠૿͑ɺ̍Ґ͔Β̑Ґ·Ͱͷ͕ࠩͳͩΒ͔ʹͳ͍ͬͯ·͢ɻ ˞ूܭظؒɿ೥݄೔݄೔ʗ೥݄೔݄೔ Category Analysis

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 9 1ҐΨδΣοτ ΨδΣοτΧςΰϦ͸ɺࡢ೥ίϩφՒͰ࢝·ͬͨࡏ୐ϫʔΫͷσεΫपΓ 
 Λ੔͑ΔτϨϯυ͕ɺࠓ೥͞ΒʹਐԽΛͱ͛ͯҰେϒʔϜʹͳΓ·ͨ͠ɻ ࠓ೥͸ϋογϡλάੜ࢈ੑʹΈΒΕΔɺσεΫͷ্Λ޿͘࢖͏ͨΊͷϞχλʔ 
 ΞʔϜ΍ϫΠϠϨεॆిثͷ΄͔ɺϦετϨετͷΑ͏ʹ਎ମ΁ͷෛ୲Λ 
 ܰݮ͢Δ΋ͷ·Ͱपลػث΁ͷͩ͜ΘΓ͕ڧ·ΓɺσεΫͰͷ߹ཧੑͱ 
 շదੑΛ௥ٻ͢Δਓ͕૿͑·ͨ͠ɻ ·ͨɺ߳Γ΍άϦʔϯͳͲͷΠϯςϦΞখ෺Λ০ͬͨඒ͍͠σεΫ΋ͨ͘͞Μ 
 ొ৔͠·ͨ͠ɻϦϞʔτϫʔΫͷ೔ৗͱ͍͏λά͕૿͍͑ͯͨ͜ͱ͔Βɺ ຖ೔ͷډ৔ॴͱͯࣗ͠୐ͷσεΫΛࣗ෼Β͘͠੔͑Δ͜ͱͰࣗ਎ΛέΞ͢Δ 
 ܏޲͕ɺஹ͠ͱͯ͠ݟ͖͑ͯ·ͨ͠ɻ ֟ݩਸར 6/&95͞Μ ϦϞʔτϫʔΫ ͕ઈ๬తʹḿΔ ੜ࢈ੑ࠷ߴͳσ εΫ؀ڥΛ%*: ͳ͠Ͱ࡞ͬͨ࿩ σεΫ؀ڥΛۃΊΔҰେϜʔϒϝϯτ صͷೖΕସ͑Λ ͖͔͚ͬʹཧ૝ ͷ ࢓ ࣄ ؀ ڥ Λ 
 ߏஙͨ͠ ୅෉්ͷڞ༻ 
 σεΫɻϦϏϯά ͱͭͳ͕Δɺ։์ײ ͋ΔσεΫ؀ڥΛ ঺հɻ λπϞ͞Μ ͍Θ͍ͱ΋ͻ͞͞Μ Category Analysis ʲ೥ळౙʳ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 5BP8BUBZB͞Μ 10 ླ໦५Ұ-0/;͞Μ λΧώϩΨδΣοτϒϩΨʔ͞Μ λπϞ͞Μ UQPZP͞Μ )BSVTIJLB͞Μ σεΫؔ࿈هࣄΑΓ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 11 ΨδΣοτΧςΰϦͰࡢ೥ΑΓ૿Ճͨ͠ΞΠςϜϋογϡ λά͸ΩʔϘʔυͱΠϠϗϯؔ࿈Ͱ͢ɻΩʔϘʔυ͸ 
 ૘շͳଧ伴ײΛٻΊͯ࠷ߴڃͷΩʔϘʔυΛखʹೖΕΔ 
 ͳͲɺzΩʔϘʔυপzʹ͸·Δਓ͕ଟ͘ݟΒΕ·͢ɻ ΠϠϗϯؔ࿈ͷϋογϡλά͸όϦΤʔγϣϯ͕૿͑ਐ Խ͕ݟΒΕ·ͨ͠ɻϫΠϠϨεΠϠϗϯ΍ϊΠζΩϟ ϯηϦϯάͷλά͕૿Ճɺࠎ఻ಋϔουϑΥϯͷλά͕ ৽ͨʹग़ݱ͠·ͨ͠ɻ ͦͷ΄͔ɺ"QQMF8BUDI͕ΨδΣοτ޷͖͔Β༷ʑͳਓ ʹਁಁɺ݈߁؅ཧΛҙࣝ͢ΔΑ͏ʹͳͬͨਓ͕૿͑ΔͳͲɺ ੜ׆ͷ࣭Λ্͛Δখ͞ͳΨδΣοτʹͩ͜ΘΔ༷ࢠ͕࢕͑ ·͢ɻ ओ්ͷՈࣄ͠ͳ͕Βௌ͖ʹ͓͢͢ΊͷΠϠϗϯʂ ߳௣ϚϠ͞Μ ͞Μ͔͓͘͠ϋοΧ͞Μ ʮ)),#ʯͷѱຐతັྗᶃ "QQMFXBUDIΛखʹೖΕͯ20-͕ 
 ര্͕Γͨ͠࿩ɻ UXPGBVMUT͞Μ 0LDTD.ϔουϗϯΛങͬͨ ͜Μͯ͌͵͞Μ ʢԻ࣭Θ͔Βͳ͍ओ්ͷPQFONPWFϨϏϡʔʣ ऴΘΔ͜ͱͳ͖ΩʔϘʔυপ΁ʢ)),#͔Β ,FZDISPO,΁ʣϚʔέςΟϯάOPUF͞Μ "QQMF8BUDI4FSJFT)FSNÈTϞσϧͱ௥Ճ όϯυຊߪೖ ϚʔέςΟϯάOPUF͞Μ Category Analysis খ͍͞ΨδΣοτʹͩ͜ΘΔ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Category Analysis ྉཧਓͷΩϜϥ͞Μ صͷೖΕସ͑Λ ͖͔͚ͬʹཧ૝ ͷ ࢓ ࣄ ؀ ڥ Λ 
 ߏஙͨ͠ ॳΊͯͷόδϧ ੜ ׆ ʙ ೦ ئ ͷ δΣϊϕʔθ ΢Οʔϯʹߦ͚ ͳ͍ͳΒɺདྷͯ ΋Β͓͏ ΑΓΈͪ 
 ίϐʔϥΠλʔ͞Μ PUBLJ͞Μ 12 12 ͋͑ͯखؒΛ͔͚ͯͭ͘Δ ࡢ೥ʹଓ͖ࠓ೥΋͓͏ͪ͝͸Μ΍ࣗਬͷλά͕ଟ͘ݟΒΕ·͕ͨ͠ɺࠓ೥͸ ʮͭ͘Δ࣌ؒʯͦͷ΋ͷΛָ͠Ή܏޲͕͋Γ·ͨ͠ɻτʔετઐ༻ͷϑϥΠύϯ ͳͲศརͰ͸ͳ͍͚ΕͲඒຯ͘͠Ͱ͖Δಓ۩΍ɺࣗ෼Ͱҭͯͨ໺ࡊΛ࢖ͬͨྉཧ ͳͲɺ͋͑ͯखؒΛ͔͚ͯͭ͘Δ࣌ؒΛָ͠Ήɺ೔ৗͷྉཧͷҰίϚʹ৽͍͠ 
 ஹ͕͠ݟΒΕ·ͨ͠ɻ ߦ͚ͳ͍͔Βͦ͜औΓدͤΔ ͓औΓدͤ΋ࡢ೥ʹҾ͖ଓ͖ਓؾͷλάͰ͕͢ɺࠓ೥͸͝౰஍άϧϝͷλά͕ ૿͑·ͨ͠ɻཱྀߦ΍ԕग़͕Ͱ͖ͳ͍ͳ͔ɺҎલւ֎Ͱ৯΂ͨࢥ͍ग़ͷຯ΍஍ํͷ ͓Έ΍͛Λ͓औΓدͤ͢ΔͳͲɺջ͔͠ͷຯΛऔΓدཱྀͤͯߦ΍͓Ͱ͔͚ؾ෼Λ ຯΘ͏ɺ੾࣮ͳχʔζͷ͓औΓد͕ͤݟΒΕ·ͨ͠ɻ Ґϑʔυ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Category Analysis 13 ΩϟϯϓάοζͰ೔ৗΛඇ೔ৗʹ ΧςΰϦͷ্ҐʹՈࣄʹؔ͢Δλά͕ฒͿͳ͔ɺΩϟϯϓؔ࿈ͷهࣄ͕ଟ͘ݟΒΕ·ͨ͠ɻ ιϩ΍Ո଒ͰΩϟϯϓσϏϡʔͨ͠ਓͷ΄͔ɺΞ΢τυΞɾΩϟϯϓάοζΛࣗ୐Ͱศརͳ 
 ೔༻඼ͱͯ͠࢖͏ਓ΋ଟ͘ݟΒΕ·ͨ͠ɻ ͓͏ͪ࣌ؒΛۃΊΔ ஸೡͳ฻Β͕͠Ұ෦ͷҙࣝͷߴ͍ਓ͚ͩͰͳ͘ɺଟ͘ͷਓʹਁಁ͍ͯ͠·͢ɻຖ೔࢖͏ 
 ೔༻඼ʹͩ͜Θͬͯങ͍෺Λ͢Δ܏޲͕ଟ͘ݟΒΕ·ͨ͠ɻ͓͏ͪ࣌ؒͱ͍͏ࣗ෼ͷੜ׆ 
 ͦͷ΋ͷΛࡉ෦·Ͱίϯτϩʔϧ͢Δ͜ͱͰੜ׆ͱ৺Λຬͨ͢ɺ৽͍͠܏޲Ͱ͢ɻ ͔Έ͜͏͡ ͸ͨΒ͘෉්͞Μ ৯ચػ͕΍ͬͯ 
 ͖ͯɺ່͕ݴͬͨ 
 ͜ͱ ࢁ޷͖͕ਪ͠ 
 ͍ͨҭࣇ޲͚ 
 ొࢁάοζ แஸΛങͬͨΒ ৯අ͕݄ສԁ 
 Լ͕ͬͨ࿩ খּݪՂ༞͞Μ Γ͌͞Μ 13 13 ࠷৽ՈిͰՈࣄΛࣗಈԽ ՈఉΧςΰϦͰࠓ೥৽ͨʹग़ݱͨࣗ͠ಈԽͷλάͰ͢ɻυϥϜࣜચ୕ػ΍ϩϘοτ૟আػͷ ਓؾͱͱ΋ʹɺಛʹ૿͑ͨՈి͸৯ચػͰͨ͠ɻ࣌୹ɺϥΠϑϋοΫͱ͍ͬͨϫʔυ΋ ଟ͘ग़ݱ͠ɺࡏ୐͕࣌ؒ௕͘ͳ͔ͬͨΒͦ͜ɺՈࣄΛޮ཰Խͯࣗ͠༝ͳ࣌ؒΛָ͠Έ͍ͨͱ ͍͏ؾ͕࣋ͪݟ͖͑ͯ·͢ɻ ҐՈఉ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Category Analysis 14 ҐϑΝογϣϯ ͍͔ͭணΔ೔ͷͨΊʹങ͏෰ ࡢ೥ʹଓ͖֎ग़ͷػձ੍͕ݶ͞Εͨࠓ೥Ͱ͕͢ɺϑΝογϣϯΧςΰϦ Ͱ͸ؾ෼ͷ্͕ΔϑΝογϣϯΛָ͠Ή༷ࢠ͕ΈΒΕ·ͨ͠ɻ͍͔ͭग़ ͔͚Δ೔ͷͨΊʹɺҰ໨ࠍΕͷ෰Λࢥ͍੾ͬͯങ͏͜ͱͰؾ࣋ͪΛ ຬͨ͢ɺങ͏ߦҝࣗମ͕৺ͷΑΓͲ͜Ζʹͳ͍ͬͯΔ఺͕ɺࡢ೥ʹ͸ͳ ͔ͬͨίϩφ̎೥໨Β͍͠܏޲Ͱ͢ɻ Ґඒ༰ ίϩφͷதͰͷίεϝͷָ͠Έ ඒ༰ΧςΰϦ͸ࠓ೥ɺશମతͷ౤ߘ਺͕૿͑ͯੈͷதͷτϨϯυΛ൓ө ͠΍͘͢ͳ͖ͬͯ·ͨ͠ɻϋογϡλάͰ͸ಛʹؖࠃίεϝ͕૿͑· ͨ͠ɻΞΠςϜͰ૿Ճ܏޲͕͋ͬͨͷ͸ϦοϓͰ͢ɻίϩφՒΒ͍͠ ܏޲ͱͯ͠ϚεΫʹ͔ͭͳ͍Ϧοϓʹؔ͢ΔϨϏϡʔ΍ɺؾ෼Λ্͛ ΔͨΊͷΞΠςϜͱͯ͠৽ͨʹߪೖͨ͠ਓ͕ଟ͘ΈΒΕ·ͨ͠ɻ ͍ͭʹݟ͚ͭͨɺ ϚεΫʹ΋άϥεʹ ΋͔ͭͳ͍Ϧοϓ PLBNF͞Μ ଍ݩʹ৭Λఴ͑Δ ΏΒ͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 15 ങͬͯΑ͔ͬͨͷཧ༝ ܏޲෼ੳ 3 Deep Dive

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 16 ങͬͯlΑ͔ͬͨzཧ༝Λ෼ྨ͢Δ ࠓ೥͸౤ߘهࣄΛ܏޲ผʹ෼ྨ͠·ͨ͠ɻॎ࣠ʹߪങཧ༝ɺԣ࣠ʹ঎඼͕΋ͨΒ͢ϕωϑΟοτΛͱΓ̐ͭͷ৅ݶʹ۠෼ɻ20-Λ্͛ΔͨΊͳͷ͔ 
 ՝୊ղܾͷͨΊͳͷ͔ɺػೳʹऒ͔Εͨ঎඼ͳͷ͔ײ৘Λຬͨͨ͠঎඼ͳͷ͔Ͱ෼ྨ͍ͯ͠·͢ɻ ᶄ͓͢͢Ίͷศརάοζ ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ ᶆ৺Λຬͨ͢ ͨΊͷങ͍෺ ᶃཧ૝ͷ ɹಓ۩ͱ ɹग़ձ͏ ᶅ͓͏ͪ࣌ؒΛۃΊΔ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 17 ίϩφՒ̎೥໨ͷมԽͱஹ͠ ೥͸ίϩφγϣοΫ̍೥໨Ͱɺ৽͍͠ੜ׆ʹରॲ͢ΔͨΊͷ৽͍͠ങ͍෺͕ଟ਺ݟΒΕ·ͨ͠ɻࠓʹͯ͠ࢥ͏ͱɺ·ͩ·ͩةػʹ໌Δ͘લ޲͖ ʹ޲͖߹͍༷ͬͯͨࢠ͕ݟͯऔΕ·ͨ͠ɻ೥͸ίϩφ̎೥໨ͱͳΓɺ͜ͷঢ়ଶͱ޲͖߹͍ͳ͕Βͷੜ׆ʹଟ͘ͷਓ͕ෲΛ͘͘Γɺ೔ৗΛΑΓ 
 ྑ͘͢ΔͨΊͷങ͍෺΍ɺࣗ෼ͷ৺ΛέΞ͢ΔͨΊͷങ͍෺ͱ͍͏৽͍͠ஹ͕͠ੜ·Ε·ͨ͠ɻ ՝୊ͷղܾػೳ ੜ׆ͷ࣭޲্ 2020 ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ 2021 ײ৘ ػೳ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 18 ৯ثચࡎ΍ࢄ൅όαϛͳͲԿͷؾͳ͠ʹબͼ͕ͪͳ೔༻඼΍ɺΧϝϥͳͲͩ͜ΘΓΛ࣋ͭಛఆͷΞΠςϜ ʹɺཧ૝Λ௥ٻͯ͠୳͢ਓ͕૿͑·ͨ͠ɻ೰ΈΛղܾͯ͘͠ΕΔٹੈओ΍ɺٻΊΔͩ͜ΘΓΛ͢΂ͯຬͨ ͢΋ͷΛݟ͚ͭͨͱ͍͏ڧ͍تͼ͕௕จͰͭͮΒΕ͍ͯ·͢ɻ೔ৗͷ࣌ؒΛΑΓྑ͍΋ͷʹ͍ͨ͠ͱ͍͏ ࢥ͍͸ɺͲͷ෼໺Ͱ΋ࠜఈʹ͋Δࠓ೥ͷେ͖ͳ܏޲Ͱ͢ɻ 1ɿཧ૝ͷಓ۩ͱग़ձ͏ ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ Function Quality of Life Pain Emotion εςΠϗʔϜͰඒ༰Ӄ΁ͷ଍͕ԕͷ͍ͯ͠·ͬͨͱ͜Ζʹ୳ͯ͠ങͬͯΈͨ൅͸͞Έɻ ຊ౰ʹ͍͍ಓ۩ʹग़ձ͑ͨɺͱ͍͏ײಈ͕ͱͯ΋఻Θ͖ͬͯ·͢ɻ ٻΊ͍ͯͨ৚݅ʹͽͬͨΓͱ߹͏Χϝϥʹग़ձ͑ͨ PDDIJ͞Μɻ࠷ڧͷ૬๮zͰࡱͬͨࣸਅ͕͖ͯ͢Ͱ͢ɻ खߥΕΛ๷͍͗ͨΠϊ΢Τ͞Μͱચড়ྗ͕΄͍͠͝ओਓ ͷɺ͓ޓ͍ͷཧ૝Λຬͨ͢৯ثચࡎͱग़ձ͓͑ͨ࿩Ͱ͢ɻ 'VKJGJMN9&࢝Ί·ͨ͠ PDDIJ͞Μ ϓϩޚ༻ୡʮγήϧ޻ ۀʯͷՈఉ༻൅͸͞Έ ͕࠷ߴʹΑ͔ͬͨͷͰ શྗͰ͓͢͢Ί͍ͨ͠ ͔ʹ۞ָ෦͞Μ ౰ͨΓલΛཧ૝తʹͰ͖Δɺͱ͍͏ ޾ͤ Πϊ΢Τʗ೔ʑͷ؍࡯ه͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 19 ̎ɿ͓͢͢Ίͷศརάοζ ೔ৗੜ׆ͷ༷ʑͳ৔໘Ͱ৽͍͠΋ͷΛࢼͯ͠ศརͰ໾ཱͭ΋ͷΛݟ͚ͭɺੜ׆ͷ࣭Λ্͛Δಈ͖͕ݟΒΕ ·͢ɻ࢖͍΍ͯ͘͢ɺ໘౗ͳՈࣄ΋ָ͘͠ͳΔɺ৽͍͠ศརάοζ΍Ѫ༻඼Λਓʹ͓͢͢Ίͯ͘͠ΕΔ 
 هࣄͨͪͰ͢ɻങͬͯΑ͔ͬͨ΋ͷΛ௨ͯ͡৽͍͠ศརάοζΛൃݟͨ͠ਓ΋૿͍͑ͯΔ͔΋͠Ε·ͤΜɻ ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ Function Quality of Life Pain Emotion εʔϓ࡞Ոͷ༗լ͞Μ͓͢͢ΊͷɺػೳతͰඒ͍͠Ωονϯάοζ΍৯ࡐͨͪɻ ྉཧͷָ͕࣌ؒ͘͠ͳΓͦ͏ͰɺࢥΘͣཉ͘͠ͳͬͯ͠·͏΋ͷ͹͔ΓͰ͢ɻ ໦ଜੴݨͷେϑΝϯͱ͍͏&NJLP͞Μɻಛʹؾʹೖͬ ͨ੡඼ͷ࢖͍৺஍Λৄ͘͠ॻ͍͍ͯͩͬͯ͘͞·͢ɻ ๩͍͠೔ʑͷͳ͔Ͱɺ͕Μ͹Βͳ͍ྉཧΛ׎͑Δௐཧ Ոి΍ศརάοζͨͪͷ঺հهࣄͰ͢ɻ ໦ଜੴݨ͞ΜͰങͬͯΑ͔ͬͨ΋ͷɾ ϕετ̍̌ʲ̎̌̎̍೥൛ʳ ྉཧ͕໘౗ˍۤखͰ΋େৎ෉ʂʮ࣌୹ʯ ͱʮͳ͕ΒʯΛ׎͑Δʲࡾछͷਆثʳ ೥ɺ 
 ങͬͯΑ͔ͬͨ΋ͷ ༗լ܆͞Μ &NJLP͞Μ ॿ࢈ࢣΏ͔Γ͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 20 ̏ɿ͓͏ͪ࣌ؒΛۃΊΔ ͓͏ͪ࣌ؒ͸ࡢ೥͔Βଓ͘τϨϯυͰ͕͢ɺࠓ೥͸ศརͳ΋ͷ΍ػೳతͳ΋ͷͰੜ׆Λຬͨ͢ϥΠϑϋοΫ ͚ͩͰ͸ͳ͘ɺࣗ୐ʹ͍Δ͜ͱΛ༨ّͳ͘͞ΕΔதͰੜ׆ͷҰͭҰͭͷߦಈΛ๛͔ͳ࣌ؒʹ࣭ͯ͠ΛߴΊ ͍ͨͱ͍͏ؾ͕࣋ͪڧ͘Έ͑·ͨ͠ɻίʔώʔΛ͍ΕΔɺന౬ΛҿΉɺΞʔτΛ০ΔͳͲͷ೔ʑͷश׳΍ ۭؒΛ੔͑Δ͜ͱͰؾ࣋ͪΛέΞ͢Δߦಈ͕૿͍͑ͯ·͢ɻ ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ Function Quality of Life Pain Emotion ޷͖ͳΧϑΣϥςΛՈͰͭ͘ΔͨΊʹखʹೖΕͨΤεϓϨοιϝʔΧʔɻ ༗ҙٛͳேΛ͢͢͜͝ͱ͕ɺ৽ͨͳϧʔςΟʔϯʹͳͬͨͱ͍͏͓࿩Ͱ͢ɻ นʹ݀Λ͚͋ͣʹͲ͏ֆըͨͪΛ০ΕΔ͔ɻ͜ΕͳΒ ࣗ୐΋ΦγϟϨʹͰ͖Δ͔΋ʁͱਅࣅͨ͘͠ͳΓ·͢ɻ Ұ໨ࠍΕͨ͠మළΛѪ༻͍ͯ͠Δ,BPSJ͞Μɻ ΏͬͨΓͱന౬ΛҿΉ᩵୔͕͞఻Θ͖ͬͯ·͢ɻ ௞ି͚ͩͲΞʔτͱ฻Βͨͯ͘͠ɺ 
 ࢼߦࡨޡͯ͠Έͨɻ ே͸͓ؾʹೖΓͷమළͰɺന౬Λɻ 
 ͍͍ͨ೿ʯ ͕ϚΩωολ Ͱૣى͖ʹͳͬͨ࿩ খଠΓ͞Μ ΀Β͍·Γɻ͞Μ ,BPSJ͞Μ ʢֆըɾࣸਅฤʣ ʮΪϦΪϦ·Ͱ৸ͯ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Deep Dive 21 ̐ɿ৺Λຬͨͨ͢Ίͷങ͍෺ ੜ׆ʹඞཁͳ΋ͷͰ΋ͳ͘ɺଞਓʹͱͬͯՁ஋ͷߴ͍΋ͷͰ΋ͳ͍ɻࣗ෼ͷ৺Λຬͨͨ͢Ίͷങ͍෺͸ɺ ࠓ೥ग़ݱͨ͠ಛ௃తͳ܏޲Ͱ͢ɻ͍ΘΏΔίϨΫλʔͷΑ͏ͳ΋ͷʹࣥண͢Δ΋ͷͱൺ΂ͯؾ͕࣋ͪେ͖͘ ಈ͖·͢ɻݟ͍ͯΔ͚ͩͰ޾ͤͳؾ࣋ͪʹͳΕΔɻͱʹ͔͘Θͨ͠͸͜Ε͕޷͖ɻબ୒ࢶͷݶΒΕͨίϩφ ̎೥໨ɺങ͍෺͕৺Λຬͨ͢޾ͤͳߦಈʹঢ՚͍ͯ͠Δ༷ࢠ͕ݟΒΕ·ͨ͠ɻ ՝୊ͷղܾػೳ ײ৘ ػೳ ੜ׆ͷ࣭޲্ Function Quality of Life Pain Emotion Նͦ͜ɺಁ໌ Θ͕Ոʹͨ͵͖͕΍͖ͬͯͨʂ ௣໊τΩ͞Μ ͍͍ͪ͞΋ͷ͕޷͖ 
 ͗͢Δ࿩ ϑϥϯνΣεΧ͞Μ ༮͍ࠒ͔Βখ͍͞΋ͷ͕޷͖ͩͱ͍͏ϑϥϯνΣεΧ͞Μɻ ΋ͬͱίϨΫγϣϯΛݟͨ͘ͳΔΑ͏ͳɺϛχνϡΞѪʹ͋;ΕΔهࣄͰ͢ɻ େ޷͖ͳؾ࣋ͪʹ·͙ͬ͢ʹɺಁ໌ͳάϥε΍ՖළΛ ूΊΔͱΈ͜͞Μɻඒ͍͠ಁ໌ͷੈքʹҾ͖ࠐ·Ε·͢ɻ ͱʹ͔͔͘Θ͍ͯ͘Ոʹܴ͑ͨɺͨ͵͖ͷ͵͍͙ΔΈɻ Ѫ͘Δ͍࢟͠ʹɺࣸਅΛݟΔ͚ͩͰ΋༊΍͞Ε·͢ɻ ͱΈ͜͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 22 ങͬͯΑ͔ͬͨ΋ͷʹΈΔ ͋ͨΒ͍͠ങ͍෺ͷஹ͠ Insight and Behavior 4

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Insight and Behavior 23 OPUF͔Β޿͕Δങ͍෺ͷྠ ୭͔ͷOPUFΛಡΜͰɺ৽͍͠ΫϦΤΠλʔ΍͓ళͱग़ձ͏ɻ࣮ࡍʹͦͷ͓ళʹߦͬͯର࿩͠ɺ঎඼ʹ৮Εͯ·͢·͢޷͖ʹͳΔɻ%$ϒϥϯυ΍ 
 ݸਓͷΫϦΤΠλʔɺϩʔΧϧʹີண͓ͨ͠ళͳͲɺݸਓͷࢥ͍͕ڧ͘දݱ͞Εͨϒϥϯυͱग़ձͬͨͱ͖ɺͦΕΛಛผͳମݧͱͯ͠ޠΒΕΔ܏޲ ͕͋Γ·ͨ͠ɻOPUFͰੜ·ΕͨΫϦΤΠλʔಉ࢜ͷͭͳ͕Γ͸ɺങ͍෺ͷମݧΛॻ͘͜ͱΛ௨ͯ͡ϒϥϯυͷετʔϦʔΛ޿͛ɺͦͷઌʹ͍Δ 
 ಡΈखͱϒϥϯυͱͷग़ձ͍΁ͱͭͳ͛·͢ɻ ͳ͔ͳ͔ࣗ෼ʹ߹͏δʔϯζΛݟ͚ͭΒΕͳ͔ͬͨͳ͔ɺOPUFΛݟͯؾʹͳͬͨҰຊͷ δʔϯζɻࢥ͍੾ͬͯങͬͯΈͨΒɺͦΕ͕ӡ໋ͷग़ձ͍Ͱͨ͠ɻ ৺͕ୣΘΕɺࢥΘͣങͬͯ͠·ͬͨάοζͱͱ΋ʹɺ ࡞ΓखͷΫϦΤΠλʔΛ঺հ͍ͯͩͬͯ͘͠͞·͢ɻ OPUFΫϦΤΠλʔ͕։͍͍ͯΔࡶ՟԰͞Μʹ๚Εͨ͋΍ ͠΋͞Μɻ௚઀ձ࿩Ͱ͖ͨتͼ΋ͭͮΒΕ͍ͯ·͢ɻ '3&&1"3,͞Μʹߦ͖ͬͯ·ͨ͠ ΍ͬͱձ͑ͨͶɻʙࢲ͕ ӡ໋ͷδʔϯζͱग़ձ͑ Δ·Ͱʙ OPO͞Μ ϝΨωͱమಓ LPDIJCJ ͪ͜ͼ ͞Μ ͋΍͠΋͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Insight and Behavior 24 ਓʹ఻͑ͨ͘ͳΔങ͍෺ͱ͸ ୭͔ʹཔ·ΕͨΘ͚Ͱ͸ͳ͍ͷʹɺߪങମݧΛ·ΔͰऔࡐهࣄͷΑ͏ʹஸೡʹͭͮͬͨهࣄ͕͋Γ·ͨ͠ɻ঎඼͕ͲͷΑ͏ͳ૝͍Ͱ࡞ΒΕͨ΋ͷ ͳͷ͔Λ஌Δɺ࡞Γख΍ళһ͞Μ͔Β௚઀࿩Λฉ͘ͳͲɺਓͷԹ͔͞ʹ;Εͨߪങମݧ͸ɺങ͏͜ͱͦͷ΋ͷ͕ΤϯλʔςΠϯϝϯτͰ͋Γɺتͼ ͱͳ༷ͬͨࢠ͕࢕͑·͢ɻ୭͔ʹ఻͍͑ͨങ͍෺͸ɺങͬͨ΋ͷΑΓ΋Ή͠Ζମݧͦͷ΋ͷ͕ಛผͩͱ͍͏ɺങ͍෺ͷҙຯʹมԽͷஹ͕͠ݟΒΕ 
 ·ͨ͠ɻ ٱ͠ͿΓʹళһ͞Μͱͬ͘͡Γ࿩͓ͯ͢͢͠Ίͯ͠΋Βͬͨίεϝɻਓͱ࿩ͯ͠༊΍͞Εͨ هԱ͕ίεϝΛ࢖͏ͱΑΈ͕͑Δɻ͜ͷ࣌͝ੈ͔ͩΒͦ͜Ձ஋Λײ͡Δങ͍෺ମݧͰ͢ɻ ʮ͵·ాւଽʯΛࠓʹ΋ཉ͘͠ͳΔϨϏϡʔͱɺങ͏ ·Ͱͷ৺ͷมԽΛࡉ͔͘෼ੳ͞Ε͍ͯΔهࣄͰ͢ɻ ೾ࠤݟমͷ͓ళΛ๚Εɺళओ͔Βฉ͍ͨ͏ͭΘͷετʔ ϦʔɻΘ͘Θͨ͘͠ؾ͕࣋ͪ઱໌ʹ఻Θ͖ͬͯ·͢ɻ ʲୈճʳࡀಠ਎உੑ͕ಃثʹ͸·ͬͯ͠·ͬ ͓ͨ࿩ɻʙ೾ࠤݟমcӬๆ༼͞Μฤʙ 
 ങ͍ଓ͚͍ͯΔ΋ͷ 
 ࢲͷϕετίεϝ ࠷ॴ͋͞Έ͞Μ 5IF%UP$#SBOE&YQMPSFSTɿ-0(#00,ɹ ʮ͵·ాւଽʯ ࠇ઒·͖͜͞Μ ͓ͨʛα΢φͱ͝൧ͱ࣌ʑඋ๨࿥͞Μ ʮ༊͠ͷهԱʯͱͯ͠

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Insight and Behavior ϫϯϐʔε͕΄͘͠ͳͬͨ๻͸ɺؾ෇͘ͱ ϢχΫϩͷϨσΟʔείʔφʔΛ͞·Αͬ ͍ͯͨɻ 25 ࣗ෼ΛΏΔΊΔ Ͳ͏ͯ͠΋৯΂ͨ͘ͳͬͯɺҏ੎୮Ͱߴڃ෦Ґͷڇ೑ΛखʹೖΕͨHZVVNBPV͞Μɻ ϏδϡΞϧͷΠϯύΫτ͚ͩͰ΋ɺؾ͕࣋ͪεΧοͱͦ͠͏Ͱ͢ɻ ೔ͷͳ͔ͰͲΜͳ߳ΓΛ࢖͍෼͚͍ͯΔ͔ɺΞϩϚͷ ঺հͱͱ΋ʹࣗ͝Ѫͷํ๏Λॻ͍͍ͯͩͬͯ͘͞·͢ɻ շదͳ෦԰ணΛٻΊɺॳΊͯϫϯϐʔεΛങͬͯΈͨ உੑͷͶ͍ͼ͞Μɻ৽઱ͳ෩ͱ৺஍Α͕͞఻ΘΓ·͢ɻ ࡾ֯ͷ೑ͰίϩφΛ 
 ΍͚ͬͭΔ࿩ HZVVNBPV͞Μ ߳ΓΛ਎ۙʹɻ 
 ମͱίίϩΛΏΔΊΔա͝͠ํ Ҵ༿Ί͙Έ͞Μ Ͷ͍ͼσβΠφʔ͞Μ ʮࣗ෼͕Ͱ͖ΔൣғͰؾ࣋ͪΛίϯτϩʔϧ͢Δʯͱ͍͏܏޲͸ɺ͓͏ͪ࣌ؒͷதͰ΋ʮ͋ͨΒ͍͠ϧʔςΟʔϯ΍ָ͠ΈΛͭ͘Δʯ޻෉ͱͯͨ͠ ͘͞ΜݟΒΕ·ͨ͠ɻྑ͍͓೑Λ৯΂Δɺ߳ΓͰΏΔΊΔɺஉੑ΋৺஍Α͞Λ௥ٻͯ͠ϫϯϐʔεΛணΔɻ๩͍͠೔ʑͰݟա͝͠ɺͱ͘ʹԿ΋ରॲ ͯ͜͠ͳ͔ͬͨؾ࣋ͪͷු͖௜Έʹରॲ͢Δzࣗ෼ΛέΞ͢ΔͨΊzͷങ͍෺ɻؾ࣋ͪʹ޲͖߹͏େ੾͞Λ࣮ײͨ͜͠ͷ৽͍͠Ձ஋؍͸ɺίϩφલͷ ੜ׆͕ࠓޙ໭ͬͨͱͯ͠΋ɺ֦େ͍͔ͯ͘͠΋͠Ε·ͤΜɻ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Insight and Behavior ขՐ୆Λߪೖͨ͠ɺͪΐͬͱલͩ ͚Ͳ ࢲ্࢙࠷ߴͷؾ෼స׵ΞΠςϜ 26 ࣗ෼ΛέΞ͢Δ ίϩφՒ̎೥໨Ͱ೔ৗʹ͞·͟·ͳ੍ݶ͕͋Δதɺؾ͔ͮͳ͍͏ͪʹด࠹ײΛײͨ͡ΓམͪࠐΜͩΓ͢Δ͜ͱ͕ɺ୭ͷ਎ͷ্ʹ΋͔͋ͬͨ΋͠Ε· ͤΜɻͦΜͳʮࣗ෼ͷײ৘ΛέΞ͢ΔͨΊʯͷങ͍෺ͱ༷ͯ͠ʑͳ΋ͷΛങ͏༷ࢠ͕ݟΒΕ·ͨ͠ɻ ୭ʹ΋ݟ͑ͳ͍όοάͷதʹখ͞ͳ͵͍͙ΔΈΛ೜͹ͤΔਓɺࢠͲ΋ͱߦ͘ެԂʹখ͞ͳςϯτΛுͬͯೖΓɺଋͷؒͷҰਓͷ࣌ؒΛಘΔਓɺข͖Ր Ͱඇ೔ৗΛຯΘ͏ਓɻڞ௨͢Δͷ͸ʮηϧϑίϯτϩʔϧʯͰؾ࣋ͪΛલ޲͖ʹ͢Δ޻෉Ͱͨ͠ɻ ࡶ՟԰͞ΜͰিಈങ͍ͨ͠ϛοϑΟʔͷνϟʔϜΛɺ௨ۈ͔͹ΜͷϙέοτʹೖΕͯΈͨ ͦΑ͞Μɻ;ͱإΛݟΔͱɺͦͷ͔Θ͍͞ʹ௜Μͩؾ࣋ͪ΋ͪΐͬͱ޾ͤʹɻ ҭࣇʹՈࣄʹ๩͍͠೔ʑɻগ͠Ͱ΋֎ʹ͍͍ͨͱɺࢥ͍ ཱͬͯങͬͨςϯτ͕ؾ෼స׵ʹେ׆༂ͨ͠Α͏Ͱ͢ɻ ͓ग़͔͚ཉΛ׎͑Α͏ͱɺΩϟϯϓ༻ͷข͖Ր୆Λങͬ ͔ͨ΀Γ͢͞Μɻඇ೔ৗΛຯΘͬͯΈͨ͘ͳΓ·͢ɻ ௨ۈᷥʹ 
 ϛοϑΟʔΛ೜͹ͤΔ ͦΑ͞Μ ·͓ͭ͞Μ ͔΀Γ͢͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ Insight and Behavior 27 αεςΟφϒϧͷਁಁ Ϩδାͷ༗ྉԽͳͲ4%(T΍αεςΟφϒϧ͕ੜ׆ͷதͰ਎ۙʹͳͬͨࠓ೥͸ɺαεςΟφϒϧͷϋογϡλά͕ٸ૿͠·ͨ͠ɻαεςΟφϒϧͳ ࢥ૝΍ΞΫγϣϯ͕Ұ෦ͷ؀ڥҙࣝͷߴ͍ਓ͚ͩͰͳ͘ɺଟ͘ͷਓʹ޿͕༷ͬͨࢠ͕ݟͯऔΕ·͢ɻߪങཧ༝ʹʮαεςΟφϒϧ͔ͩΒʯΛڍ͛Δ ਓ͕૿͑·ͨ͠ɻʮ؀ڥʹྑ͘ɺ͔͠΋ָ͍͠ʯʮ΋ͷ΋Α͔ͬͨ͠ɺαεςΟφϒϧ͔ͩΒҰੴೋௗʯͳͲɺ؀ڥ഑ྀͱָ͍͠ମݧΛཱ྆͢Δ 
 ঎඼͕૿͍͑ͯΔ͜ͱ΋ɺαεςΟφϒϧͷਁಁʹͭͳ͕͍ͬͯΔͷ͔΋͠Ε·ͤΜɻ άϥεʹೖ͍ͬͯΔΦγϟϨͳฑೖΓͷετϩʔɻͳΜͱඒೱমͷετϩʔͩͦ͏Ͱ͢ɻ ࢖͍৺஍΋Α͘ɺݞග͸Βͣʹ؀ڥʹߩݙͰ͖Δ͖ͯ͢ͳΞΠςϜͷ঺հͰ͢ɻ ແҹྑ඼ͷ͓ళͰങ͓ͬͨ՛ࢠͷྔΓചΓɻͩΕͰ΋ ؆୯ʹɺϜμͳָ͘͠ΊΔങ͍෺ମݧͷ͓࿩Ͱ͢ɻ γϯϓϧͳੜ׆Λ໨ࢦͯ͠ɺϖοτϘτϧͷਫͷ୅Θ ΓʹͳΔ͓͢͢ΊͷϚΠϘτϧ͕঺հ͞Ε͍ͯ·͢ɻ ྔΓചΓͬͯϫΫϫΫ͢Δ͚ͩ͡Όͳ ͯ͘ɺαεςφϒϧͳΜͩɻ ాࣷ฻Β͠ϛχϚϦετͷ๻͕ɺϖοτ ϘτϧͷਫΛങΘͳ͍ͭͷཧ༝ Χϥϑϧͳ 
 ࿨ετϩʔ͕ඳ͘ɺ 
 ΤίͰ༏͍͠ੈք ݄೔ͷ 
 ϒϧʔϕϦʔύΠ͞Μ NFIFSTIPDPʤాࣷ฻Β͠ͷͻͱͱͤͱ͠ ͭΒ͑ʥ ͞Μ ͍ͨ΁͍ʛϒϩάʷΨδΣοτʷాࣷ฻Β͠͞Μ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 28 ਓؾϒϥϯυͷ೤ྔ 5 Popular Brands

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35 Ϩϙʔτͷ෼ੳΛऴ͑ͯ Ϩ ϙ ʔ τ Λ ࠷ ޙ · Ͱ ͓ ಡ Έ ͍ ͨ ͩ ͖ ɺ 
 ͋Γ͕ͱ͏͍͟͝·͢ɻ ࡢ೥͸ਓʑ͕ίϩφγϣοΫʹཱͪ޲͔͍ 
 ࢝Ίͨ࠷ॳͷ೥Ͱɺ৽͍͠ੜ׆ͷͨΊʹ 
 ങͬͨ΋ͷࣗମ͕େ͖͘มԽͨ͠Ұ೥Ͱͨ͠ɻ 
 ίϩφ̎೥໨ͷࠓ೥͸ɺ΋ͷࣗମΑΓɺߪങ 
 ମ ݧ ΍ ങ͍ ෺͕ ΋ͨΒ͢ؾ࣋ͪͷߴ༲ 
 ͳͲɺങ͍෺ʹ৽͍͠ҙຯ͕෇Ճ͞Εͨ 
 Α͏ʹײ͡·͢ɻ खʹऔΕΔ೔༻඼΍σδλϧΞΠςϜ͚ͩͰ ͳ͘ɺମݧ΍σδλϧίϯςϯπ΁ͱ޿͕ͬͯ ͍͘ͷ͔΋͠Ε·ͤΜɻ ࠓ೥΋ͨ͘͞ΜͷങͬͯΑ͔ͬͨ΋ͷʹه ࣄΛॻ͍ͯͩͬͨ͘͞ΫϦΤΠλʔͷΈͳ ͞·ɺຊ౰ʹ͋Γ͕ͱ͏͍͟͝·ͨ͠ɻ ΫϦΤΠλʔͷΈͳ͞ΜͷങͬͯΑ͔ͬͨ ΋ͷ͕΄͔ͷ୭͔ʹ఻Θͬͯɺങ͍෺ͷྠ ͕޿͕͍ͬͯ͘͜ͱΛئ͍ͬͯ·͢ɻ ಛʹʮຖ೔࢖͏΋ͷ΁ͷ౤ࢿˠ݁Ռతʹ͓ ಘͰ͋Δʯͱ͍͏ߟ͑ͱɺʮηϧϑίϯτ ϩʔϧͷͨΊʹʯങ͏܏޲͸ݦஶͰʮ৺͕ ຬͨͤͨʯങ͍෺Ͱ͋Δ఺͕ڞ௨͠ ͍ͯ·͢ ɻ 
 ίϩφ͕΋ͨΒͨ͠͞·͟·ͳ੍ݶ΍ػձ ଛࣦ͸ɺٯߦͯ͠ਓͱങ͍෺ͷؔ܎ੑʹ৺ ͷॆ଍ΛऔΓ໭͠·ͨ͠ɻࠓޙɺ৺ͷॆ଍ ͕ങ͍෺ʹ͓͍ͯେ͖ͳׂ߹Λ઎ΊΔ܏޲ ͸·͢·͢ਐԽ͢ΔͰ͠ΐ͏ɻϦΞϧʹ In Conclusion 6

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 36 ಛผΠϯλϏϡʔ ʮങͬͯΑ͔ͬͨ΋ͷʯ͸ Ξϧ୅ද͚Μ͢͏͞Μʹฉ͘ l৘ใՁ஋zͷ͋Δࣗ෼ޠΓ Special Interview

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 37 ങ͍෺ʹଟ༷ੑ͕ग़͖͍ͯͯΔͱײ͡Δ ʔʔ͜͜࠷ۙɺʮങͬͯΑ͔ͬͨ΋ͷʯʹ͍ͭͯɺԿ͔ม Խ΍܏޲Λײ͡Δ͜ͱ͸͋Γ·͔͢ɻ͍ΖΜͳਓͷهࣄΛ ݟͨΓɺࣗ෼Ͱ΋ॻ͍ͯΈͯɺʮԿ͔มΘ͖ͬͯͨͳʯͱɻ ͚Μ͢͏ɿ๻ͷ೥ྸͷ͍͔ͤ΋͠Εͳ͍Ͱ͚͢ΕͲɺ݈߁ ࢤ޲ܥ͕૿͍͑ͯΔͷ͸ײ͡·͢ɻϑΟοτωεܥͷ঎඼ ͱ͔ɺݰถͱ͔ɺΧϑΣΠϯϨεͱ͔ɺपΓͰ΋Α͘ݟ͔ ͚ΔΑ͏ʹͳΓ·ͨ͠ɻ ͋ͱ͸໌Β͔ʹΠϠϗϯ΍΢ΣϒΧϝϥ͕૿͑ͨͳɺͱɻ ೥͘Β͍લ͸ϞόΠϧόοςϦʔͳͲ͕ଟ͔ͬͨΠϝʔδ ͕͋Γ·͕ͨ͠ɺ͜Ε͸ੈͷதͷྲྀΕͰ͠ΐ͏Ͷɻ ͳΜͱͳ͘ࢥ͏ͷ͸ɺఆ൪͕ݮͬͨͱ͍͏͜ͱɻਓ͕͓͢͢Ί ͢Δ঎඼ʹଟ༷ੑ͕૿͍͑ͯΔΑ͏ʹࢥ͍·͢ɻ ʔʔʮΈΜͳ͜ΕΛങ͍ͬͯΔΑͶʯͱ͍͏΋ͷ͔Βɺ ʮ͋ɺ͜͏͍͏΋ͷ͕͋ΔΜͩʯΈ͍ͨͳൃݟʹҠΓ 
 มΘ͍ͬͯΔͱɻ ͚Μ͢͏ɿͦ͏Ͱ͢Ͷɻछྨ͕૿͍͑ͯΔײ͕͡͠·͢Ͷɻ ͦͷഎܠʹ͋Δͷ͸ɺͳΜͰ΋ωοτ௨ൢͰ୳͠΍͘͢ ͳͬͯखʹೖΓ΍͘͢ͳͬͨ͜ͱɺͦΕʹΑͬͯࣗ෼ʹ ϑΟοτ͢Δ΋ͷ͕ଥڠ͠ͳͯ͘΋खʹೖΔΑ͏ʹͳͬͨ ͔Βɺͱ͔͡Όͳ͍͔ͱࢥ͍·͢ɻ ͋ͱ͸ࣗ෼ͷʮങͬͯΑ͔ͬͨ΋ͷʯΛ4/4Ͱൃ৴͍ͨ͠ɺ ͱ͍͏ࣗݾදݱతͳཁૉ΋૿͑ͯɺ4/4΍ϒϩάʹࡌͤΔ ͨΊʹ̋̋Λങ͏Έ͍ͨͳɺٯͷํ޲͔Βങ͍෺Λ͍ͯ͠Δɺ ͳΜͯ͜ͱ΋͋Δͷ͔΋͠Εͳ͍Ͱ͢Ͷɻ ʔʔʮങ͓͏͔Ͳ͏͔໎͚ͬͨΕͲɺͲ͔͜ʹॻ͍ͨΒ໘ നͦ͏ͩͳʯΈ͍ͨͳ͜ͱɺ͋Γ·͢ΑͶɻ ͚Μ͢͏ɿ͋Γ·͢ɻങ͍෺͕ίϛϡχέʔγϣϯπʔϧ ʹͳ͍ͬͯͯɺͦΕ͸໘ന͍ͳͱࢥ͍·͢ɻٱʑʹਓͱ࿩ ͨ͠Γ͢Δͱɺʮ࠷ۙͳʹ͔ങͬͯΑ͔ͬͨ΋ͷ͋Δʁʯ ͱ͔ɺͦ͏͍ͬͨձ࿩ʹͳͬͨΓ͠·͢ΑͶɻ๻͸͍·ɺ ങͬͯΑ͔ͬͨ΋ͷهࣄͷຊɾອըฤΛॻ͜͏ͱ͍ͯ͠Δ ΜͰ͚͢Ͳɺ΍ͬͺΓͦ͏͍͏΋ͷ΋ɺձ࿩ͷ͖͔͚ͬʹ ͳΓ·͢ΑͶɻ ʔʔ͋·Γ֎ʹग़ͳ͍͍·ͷ๻ͨͪʹͱͬͯɺফඅߦಈͬͯ ͚ͬ͜͏େ͖ͳΤϯλϝʹͳͬͯΔͱ͜Ζ΋͋ͬͨΓͯ͠ɻ ͚Μ͢͏ɿͦ͏Ͱ͢Ͷɻಛʹ֎ͰݟͤΔ͜ͱ͕ݮͬͨ෼ɺ ങͬͨ΋ͷΛOPUF΍5XJUUFSͰ঺հͨ͘͠ͳΔͱ͍͏ 
 ؾ͕࣋ͪɺ๻͸΍΍ڧ͘ͳ͍ͬͯ·͢ɻ INTERVIEW WITH ࠓޙ͸σδλϧΞΠςϜͷߪೖʹ஫໨ ʔʔࣗ͝਎ͷ೥ʹങͬͯΑ͔ͬͨ΋ͷͷϦετΛৼ ΓฦͬͯΈͯɺʮࠓ೥͸͜Μͳ೥ͩͬͨͳʯͱײ͡Δ͜ ͱ͸͋Γ·͔͢ɻ ͚Μ͢͏ɿ΍ͬͺΓҾ͖ଓ͖ʮ͓͏ͪ࣌ؒʯͰͨ͠Ͷɻ ΢ΣϒΧϝϥͱ͔ɺΠϠϗϯͱ͔ɺϚ΢εͱ͔Λങͬͯ 
 ͍·͢ɻੜ׆༻඼΍ՈిɺΨδΣοτ͕ଟ͔ͬͨͰ͢ɻ 
 ΨδΣοτͷதͰ΋ɺՈͷதͰ࢖͏ࠎ఻ಋΠϠϗϯͱ͔ɺ ͦ͏͍ͬͨ܏޲͕ڧ͔ͬͨͰ͢Ͷɻ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 38 ೥ͷ͜ͱΛߟ͑ΔͱɺσδλϧΞΠςϜΛങ͏ػձ͸૿ ͑ͦ͏ͳ༧ײ͕͍ͯ͠·͢ɻ73ͷϞσϦϯά͕΄͍͠ͳͱ͔ɺ ୭͔ʹଃΓ෺Λ͢Δͱ͖ʹσδλϧͰଃΔͱ͔Ͱ͢Ͷɻ ͍··ͰਓʹԿ͔Λ͋͛Δͱ͖ͬͯɺ࣮ࡍʹձ͏ͱ͖ʹԿ͔ ࣮෺Λ͋͛Δͱ͍͏ͷ͕౰ͨΓલͩͬͨΜͰ͚͢Ͳɺ͍·͸ ͦΕ͕Ͱ͖ͳ͘ͳ͍ͬͯͯɺͲ͏͠Α͏ͱɻ ͳͷͰɺདྷ೥͸ͦͷ΁ΜͷαʔϏε͕΋ͬͱ૿͑ͦ͏ͩͳͱ ࢥ͍·͢Ͷɻ-*/&ΪϑτͰελόͷνέοτΛଃΔਓɺ·ΘΓ Ͱ૿͍͑ͯΔײ͡͸͠·͢ɻ ʔʔ͚Μ͢͏͞Μ͸גࣜձࣾΞϧͰɺʮFMVʯ΍ʮ 4UVEJPʯͱ͍͏ɺΫϦΤΠλʔ޲͚ͷαʔϏεΛఏڙͯ͠ ͍·͢ɻͦΕ΋ݸਓରݸਓͷങ͍෺Ͱ͢ΑͶɻ ͚Μ͢͏ɿ·͞ʹɻ๻͸͜Ε͕ΊͪΌͪ͘Ό૿͑Δͱࢥͬͯ ͍ͨΓ͠·͢ɻͭͷىരࡎ͸ɺ΍ͬͺΓ/'5ͳͲͷٕज़ ΍ɺ͍ΘΏΔ8FCք۾ͷྲྀΕɻʮॴ༗ʯͷ֓೦Λ࣋ͯΔΑ ͏ʹͳΔͱ͍͏ͱ͜Ζ͕େ͖͍ͱࢥ͏ΜͰ͚͢ΕͲɺͦΕ͸ ·ͩ೥ޙ͘Β͍͔ͳɺͱ͍͏ؾ΋͍ͯ͠·͢ɻ ͨͩɺͦͷલ͔Βσδλϧͷ՝ۚ͸૿͑ͯ͘Δͱࢥͬͯ ͍·͢ɻͦΕͰ͍͏ͱͨͿΜɺੲࡶࢽΛങ͍͓ͬͯͨۚΛ ࢖ͬͯɺΘΓͱOPUFͷ༗ྉهࣄΛങ͍ͬͯΔΑͶɺΈ͍ͨ ͳ͜ͱ͕ى͖ͭͭ͋ΔͷͰɺOPUFͱ͔͸ɺ͜Ε͔Β೥ ͘Β͍ͰࢥͬͨҎ্ʹ੒௕͢Δͱࢥ͍ͬͯΔΜͰ͢ɻ ઌਐతͳਓ͸ɺOPUF΁ͷ՝ۚ͸΋͏౰ͨΓલͩͱࢥ͍ͬͯΔ ͚ΕͲɺී௨ͷਓ͸·ͩશવ΍͍ͬͯͳ͍ͱࢥ͏ΜͰ͢ɻ 
 ͦ͏͍͏ͱ͜ΖͰ͚ͬ͜͏஫໨͍ͯ͠·͢ɻ ͦͷ෼໺ͩͱίϯςϯπܥͷOPUFΈ͍ͨͳαʔϏεͱ͔ ిࢠॻ੶Έ͍ͨͳ΋ͷ͸͢Ͱʹ্ཱ͕͍ͪͬͯΔɻͨͩɺ ࠓޙ͸΋͏ͪΐͬͱҰ఺΋ͷͱ͔ɺوॏͳ΋ͷͱ͔͕σδ λϧԽ͢Δɺͱ͍͏ྲྀΕ͕͘Δͷ͔ͳͱɻ ͦͷ࣍ʹͨͿΜ73ͷੈքͰ࣮༻తͳ΋ͷɺͨͱ͑͹෰Έ ͍ͨͳσδλϧΞΠςϜ͕ͲΜͲΜ֦େ͍ͯ͘͠ͱࢥͬͯ ͍·͢ɻ ΍ͬͺΓΈΜͳɺձ࿩ͷ͖͔͚ͬΛ΄͠ ͕͍ͬͯΔ ͚Μ͢͏ɿ͋ͱ͸ίϛϡχέʔγϣϯͷ͖͔͚ͬʹͳΔ Α͏ͳ΋ͷΛങ͍ͬͯΔؾ͸͠·͢ɻ ͨͱ͑͹ɺʮ̋̋͞Μɺͪΐͬͱ͓஡͠·͠ΐ͏ʯͱ͍͏ ͓༠͍͸Ͱ͖ͯ΋ɺʮ;PPNͰ෼࿩͠·͠ΐ͏Αʯͱ 
 ࿩͔͚͠Δʹ͸ɺΞδΣϯμ͕ඞཁ͡Όͳ͍Ͱ͔͢ɻ ͦͷ͖͔͚ͬʹͳΔΑ͏ͳɺԿΒ͔ͷαʔϏε΍άοζΛ ͣͬͱ୳͍ͯ͠Δײ͕͡͠·͢ɻྫ͑͹73ͱ͔͸͍ۙͷ͔΋ ͠Ε·ͤΜͶɻ73ʹΈΜͳͰू·ͬͯΈΔͱ͔ɺΈΜͳ Ͱ༡ͿΦϯϥΠϯήʔϜ͸૿͍͑ͯ·͢͠ɺͦ͜ʹ͸ ͚ͬ͜͏͓ۚΛ෷͍ͬͯΔײ͡΋͠·͢ɻ ࿩͕ͣΕͯ͠·͍·͚͢ΕͲɺϥϯνͱ͔ҿΈձͰͰ͖ͯ ͍ͨ͜ͱΛΦϯϥΠϯͰ΍Δʹ͸Ͳ͏ͨ͠Β͍͍ͷ͔ͳʁ ͱ͍͏՝୊͸ͣͬͱ͋ͬͯɺ;PPNͰ͓஡Λ͢Δͱ͔ɺ ;PPNͰҿΈձΛ΍Δͱ͔ͬͯɺ΍ͬͺΓͲ͜·Ͱ͍ͬͯ΋ มͳΜͰ͢ΑͶɻ Ͱ΋ɺΦϯϥΠϯͰΈΜͳͰ͓୊Λग़͠߹ͬͯҰॹʹֆΛ ඳ͘ɺΈ͍ͨͳήʔϜͩͱɺΘΓͱࣗવͩͬͨΜͰ͢ɻ 
 ͦ͏͍͏΋ͷ͕૿͑ͦ͏ͩͳͱ࠷ۙࢥ͍ͬͯ·͢ɻ ΋ͬͱಡΉ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 39 ങͬͯΑ͔ͬͨ΋ͷ OPUFਓؾΫϦΤΠλʔ ࢀߟ࡞඼

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ OPUF͞Μ͔ΒɺͦΜͳ̍௨ͷϝʔϧ͕͋Γ·ͨ͠ɻ ങͬͯΑ͔ͬͨ΋ͷɻ ͏ʔΜʂ೉͍͠Ͱ͢Ͷɻ ੈͷத͸ϞϊͰᷓΕ͍ͯΔͱݴ͍·͢ɻ Ͱ΋ɺ๻͕ཉ͍͠΋ͷ͸શવݟ౰ͨΒͳ͍ΜͰ͢ɻ ʮ࠷ߴʯΛᨳ͏੡඼͸਺ଟ͋ͬͯ͘΋๻ʹͱͬͯͷʮ࠷దʯ͸શવͳ͍ɻ 
 ͔ͩΒͦ͜๻͸ɺ೔ʑ৽͍͠੡඼ΛߟҊ͠ଓ͚͍ͯΔΘ͚Ͱ͔͢Βɻ Ͱ΋ɺࠓճ͸͔͓ͤͬ͘੠͕͚͍͍ͨͩͨͷͰɺؤுͬͯࢥ͍ग़ͯ͠ 
 Έ·ͨ͠ɻ ͪΐͬͱศརʹͳͬͨͱ͔ΦγϟϨͩͱ͔ɺͦ͏͍͏΋ͷͰ͸ͳ͘ɻ 
 ໌Β͔ʹ๻ͷ฻Β͠Λม͑ɺײ͡ํΛม͑ͨ΋ͷΛ঺հ͍͖͍ͯͨ͠ 
 ͱࢥ͍·͢ɻ 40 ม͑ͯ͘ΕͨϞϊͨͪ ͓͖͋ྔ࢈͞Μ ΫϦΤΠςΟϒϢχοτ5&/5ͷڞಉ୅දɻ 
 ศརͰϛχϚϧͳಓ۩ΛߟҊ͠ɺదྔੜ࢈Ͱ࡞Δਓɻ੨໦྄࡞Ͱ͢ɻ ϑϥΠύϯδϡ΢΍$)01-"5&ɺ%3"8"-*/&΍#00,PO#00,ͳͲ ࿩୊ͷ੡඼Λ਺ଟ͘ख͕͚ɺJ' %FTJHO ۚ৆Λ͸͡Ίɺࠃ಺֎Ͱ͞· ͟·ͳσβΠϯ৆Λड৆ɻஶॻʹʰͳΜͱ͔͢Δ޻࡞ʱɺ/), &ςϨ ʰ΁Μ͠ΜʂμϯίͪΌΜʱʹ΋ࢀՃɻ ଓ͖ΛಡΉ ʮ೥ʹങͬͯΑ͔ͬͨ΋ͷΛOPUFʹॻ͍ͯ΋Β͑·ͤΜ͔ʁʯ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ ࠓճɺ͋Γ͕͍ͨ͜ͱʹOPUF͔Βґཔ͍͍ͨͩͨͷͰɺ ങͬͯΑ͔ͬͨ΋ͷͷهࣄΛॻ͍ͯΈ·ͨ͠ʙ 41 ങͬͯΑ͔ͬͨ΋ͷ Χϝμ͞Μ ෢ଂ໺ඒज़େֶࢹ֮σβΠϯ఻ୡֶՊଔɻຊۀձࣾһͷֻ͚ ࣋ͪΠϥετϨʔλʔʗΠϯϑϧΤϯαʔɻJOTUBHSBNϑΥ ϩϫʔ਺͸ສ௒͑ɺ૯4/4ϑΥϩϫʔ͸ສ௒ɻ೉පΫ ϩʔϯපͷେखज़Λ৐Γӽ͑ɺ೥ΑΓൃ৴Λ։࢝ɻί εϝϨϏϡʔ΍೔ৗΤοηΠΛ෯޿͘ߋ৽தɻ ʢϝΠΫͱίεϝ෦໳ʣ ଓ͖ΛಡΉ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ ͜Μʹͪ͸ɺ͝͸Μಉໍͷ͠Β͍ͷΓ͜Ͱ͢ɻ෉δϡϯΠνͱͱ ΋ʹਬ൧ܥϑʔυϢχοτʮ͝͸ΜಉໍʯΛ݁੒͠ɺྉཧݚڀՈ ͱͯ͠೔ʑ׆ಈ͓ͯ͠Γ·͢ɻ ʮ͝͸ΜಉໍʯΛ໊৐Δ͚ͩ͋ͬͯɺઐ໳͸͓ถͷྉཧɻ͝͸Μ ΋ͷͷ΄͔ɺ͝͸Μʹ߹͏͓͔ͣͷϨγϐͳͲΛߟ͑Δ೔ʑɻಛ ʹ஡৭͍͓͔͕ͣಘҙͰ͢ɻͨ·ʹύϯ΍͏ͲΜɺύελͳͲͷ Ϩγϐ΋ߟ͑Δ͜ͱ͕͋Γ·͕͢ɺͦ͜͸୸ਫԽ෺օܑఋʂͱ͍ ͏͜ͱͰେ໨ʹݟ͍ͯͩ͘͞ɻ ͜ͷ౓ɺOPUFฤू෦͞Μ͔Βޫӫʹ΋ʮ೥ങͬͯΑ͔ͬͨ΋ ͷʯͷهࣄࣥචͷ͝ґཔΛ͍͖ͨͩ·ͨ͠ͷͰɺࢲ͕͍ͭ΋࢖ͬ ͍ͯΔΩονϯपΓͷಓ۩΍৯ࡐΛத৺ʹ͝঺հ͠·͢ɻ εςΠϗʔϜʹ΋͔ͬ͢Γ׳Εͯ͠·ͬͨ೥ɻങ͍෺Ͱωο τγϣοϐϯάΛར༻͢Δ͜ͱ͕ҎલΑΓάϯͱ૿͑·ͨ͠ɻ 42 ೥ങͬͯΑ͔ͬͨ΋ͷ ͠Β͍ͷΓ͜͞Μ ͓ถྉཧݚڀՈɻ෉ɺγϥΠδϡϯΠνͱͱ΋ʹɺ͝͸Μ޷͖ͷͨ Ίͷਬ൧ܥϑʔυϢχοτʮ͝͸Μಉໍʯͱͯ͠׆ಈதɻ͝͸Μͷ ͓͍͠͞Λఏএͭͭ͠ɺ͝͸Μʹ߹Θ͍͓͔ͤͨͣͷݚڀ΋ߦ͏ɻ ࡶࢽɺςϨϏɺ8ϝσΟΞͰϨγϐΛൃද͢Δ΄͔ɺਬ൧ϫʔΫ γϣοϓ΍ྉཧڭࣨͳͲ΋ਫ਼ྗతʹ։࠵ɻஶॻʰϙϦାͰϨϯνϯ ͓͔ͣిࢠϨϯδͰ͜Μͳʹ͓͍͍͠ʱʢओ්ͷ༑ࣾʣɺʰ͜Ε ͕΄Μͱͷྉཧͷ͖΄Μʱʢ੒ඒಊग़൛ʣͳͲ͕ൃചதɻ ଓ͖ΛಡΉ

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# ങͬͯΑ͔ͬͨ΋ͷ2021Ϩϙʔτ Best to Buy 2021 note inc. Table of Contents ΋͘ ͡ 43 ങͬͯΑ͔ͬͨ΋ͷ اըɾฤू ژᒜཬಸɹɹ 
 ࢁຊࢤಸࢠ σβΠϯ Ҫޱສཬߐ ઒Ҫా޷ጯɹ ɹɹɹ ίϯςϯπσΟϨΫγϣϯ খౡࠬᣦ தଜࡾઍ୅ ฏ໺ଠҰ ࢤଜ༏ҥ ໐ւ३ٛ ௐࠪ֓ཁ ˔ௐࠪର৅ ೥݄೔d݄೔ʹʮങͬͯΑ͔ͬͨ΋ͷʯ ͷϋογϡλά͖ͭͰOPUF΁౤ߘ͞Εͨهࣄ ͓݅Αͼؔ࿈͢Δ4/4౤ߘ ˔෼ੳख๏ ɿΞΫηεղੳπʔϧΛ༻͍ͨOPUFͷ౤ߘσʔλ͓ Αͼ4/4ͷఆྔ෼ੳ ɿOPUFͷ౤ߘσʔλΛ༻͍ͨఆྔɾఆੑ෼ੳ ɾର৅ΧςΰϦʹؔ͢Δσʔλͷऩू ɾࣗવݴޠॲཧٕज़Λ༻͍ͨɺϋογϡλάͷநग़ هࣄͷϐοΫΞοϓ ɾ্ه݁Ռͷ෼ྨ͓Αͼཁ໿੔ཧ σʔλ෼ੳ த઒༏ɹ ҆Ҫݦ੣ ϝσΟΞϦϨʔγϣϯ ۚࢠஐඒ ੴ઒ຑ༝ࢠ ؔ໼ਸ਼ق 4QFDJBM5IBOLT OPUF΁౤ߘͨ͠Έͳ͞Μ ˞ϨϙʔτͰ঺հ͍ͯ͠Δهࣄ͸ɺ 
 ͢΂ͯΫϦΤΠλʔ͔Βڐ୚Λ͍͖ͨͩ·ͨ͠