Daiwa Institute of Research Ltd.
15-6 Fuyuki, Koto-ku,
Tokyo 135-8460, Japan
Telephone: (81) 3-5620-5100

New York Research Center / New York Information Technology Center
Financial Square, 11th Floor,
32 Old Slip, New York,
New York 10005-3504, USA
Telephone: (212) 612-6100
Fax: (212) 612-7103

London Research Center
1F, 5 King William Street,
London EC4N 7AX, U.K.
Telephone: (44) 20-7597-8000,
Fax: (44) 20-7597-8655

Beijing Representative Office
Room 2801, SK Tower,
No.6 Jia Jiaguomen Wai Avenue,
Chaoyang District,
Beijing 100022, People's Republic of China
Telephone: (86) 10-8567-9822,
Fax: (86) 10-8567-9809

Daiwa Institute of Research (Shanghai) Consulting Co., Ltd.
44th Floor, HSBC Tower, 1000 Lujiazui Ring Road,
Pudong, Shanghai 200120,
People's Republic of China
Telephone: (86) 21-5877-7577
Fax: (86) 21-5877-7377