100000 10 10000 0 1

Elite
Ballplayer Elite Entertain
Little Summer s (Print Ballplayer ment
Leaguers Sluggers Ad) s (Party) Seekers 1 2
Contact Co ¥1,000 ¥1,500 ¥300 ¥12,500 ¥50 Year 1 Year 2
Response 10.0% 15.0% 0.5% 25.0% 2.5% Little Leaguers
Acquisition ¥10,000 ¥10,000 ¥60,000 ¥50,000 ¥2,000 Hourly Rev ¥6,500 ¥6,500
Hourly Cos ¥6,000 ¥6,000
Workers N 2 1 1 1 2 Hourly Mar ¥500 ¥500
Worker Lab ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 # of Annua 10 ¥10
Instructor 1 0 1 1 0 Annual Mar ¥5,000 ¥5,000
Instructor ¥3,000 ¥0 ¥4,500 ¥4,500 ¥0 Survival Ra 100.0% 75.0%
Total Cost ¥6,000 ¥1,500 ¥6,000 ¥6,000 ¥3,000 Customer A ¥10,000 0
Annual Prof (¥5,000) ¥3,750
Hourly Pri ¥6,500 ¥3,000 ¥7,500 ¥7,500 ¥4,000 NPV of Ann (¥5,000) ¥3,409
Hourly Mar ¥500 ¥1,500 ¥1,500 ¥1,500 ¥1,000 Cumulative (¥5,000) (¥1,250)
Hourly Mar 8% 100% 25% 25% 33% NPV of Cum (¥5,000) (¥1,591)
Annual Ho 10.0 4.0 20.0 20.0 1.5
Annual Mar ¥5,000 ¥6,000 ¥30,000 ¥30,000 ¥1,500 Year 1 Year 2
Summer Sluggers
Retention 75.0% 50.0% 60.0% 60.0% 35.0% Hourly Rev ¥3,000 ¥3,000
Interest Ra 10.0% Hourly Cos ¥1,500 ¥1,500
Hourly Mar ¥1,500 ¥1,500
# of Annua 4 ¥4
Question 1 - Acq cost Annual Mar ¥6,000 ¥6,000
Little Leag ¥10,000 Survival Ra 100.0% 50.0%
Summer Sl ¥10,000 Customer A ¥10,000 0
Elite Ballpl ¥60,000 Annual Prof (¥4,000) ¥3,000
Elite Ballpl ¥50,000 NPV of Ann (¥4,000) ¥2,727
Entertainm ¥2,000 Cumulative (¥4,000) (¥1,000)
NPV of Cum (¥4,000) (¥1,273)
Question 2 - break even yr
Little Leag Year 3 Year 1 Year 2
Summer SlYear 3 Elite Ballplayers (Print Ad)
Elite BallplYear 4 Hourly Rev ¥7,500 ¥7,500
Elite BallplYear 3 Hourly Cos ¥6,000 ¥6,000
EntertainmYear 2 Hourly Mar ¥1,500 ¥1,500
# of Annua 20 ¥20
Question 3 - lifetime value Annual Mar ¥30,000 ¥30,000
Little Leag ¥5,556 Survival Ra 100.0% 60.0%
Summer Sl ¥956 Customer A ¥60,000 0
Elite Ballpl ¥5,916 Annual Prof(¥30,000) ¥18,000
Elite Ballpl ¥15,916 NPV of Ann(¥30,000) ¥16,364
Entertainm ¥177 Cumulative(¥30,000) (¥12,000)
NPV of Cum(¥30,000) (¥13,636)
Question 4 - Most attractive
 Year 1 Year 2
Elite Ballplayers (Party)
Hourly Rev ¥7,500 ¥7,500
Hourly Cos ¥6,000 ¥6,000
Hourly Mar ¥1,500 ¥1,500
# of Annua 20 ¥20
Annual Mar ¥30,000 ¥30,000
Question 5 - Sponsoring Chioda Survival Ra 100.0% 60.0%
LL - LL -
Minato Chioda Customer A ¥50,000 0
Contact Co ¥1,000 ¥600 Annual Prof(¥20,000) ¥18,000
Response 10.0% 8.0% NPV of Ann(¥20,000) ¥16,364
Acquisition ¥10,000 ¥7,500 Cumulative(¥20,000) (¥2,000)
NPV of Cum(¥20,000) (¥3,636)
Workers N 2 2
Worker Lab ¥1,500 ¥1,500 Year 1 Year 2
Instructor 1 1 Entertainment Seekers
Instructor ¥3,000 ¥3,000 Hourly Rev ¥4,000 ¥4,000
Total Cost ¥6,000 ¥6,000 Hourly Cos ¥3,000 ¥3,000
Hourly Mar ¥1,000 ¥1,000
Hourly Pri ¥6,500 ¥6,500 # of Annua 2 ¥2
Hourly Mar ¥500 ¥500 Annual Mar ¥1,500 ¥1,500
Hourly Mar 8% 8% Survival Ra 100.0% 35.0%
Annual Ho 10.0 10.0 Customer A ¥2,000 0
Annual Mar ¥5,000 ¥5,000 Annual Prof (¥500) ¥525
NPV of Ann (¥500) ¥477
Retention 75.0% 65.0% Cumulative (¥500) ¥25
Interest Ra 10.0% 10.0% NPV of Cum (¥500) (¥23)
VOC ¥5,556 ¥4,615
Year PV$< 12 9 Year 1 Year 2
LL - Chioda
Question Regular Discount Hourly Rev ¥6,500 ¥6,500
EB - Print EB - Party EB - Print EB - Party Hourly Cos ¥6,000 ¥6,000
Contact Co ¥300 ¥12,500 ¥300 ¥12,500 Hourly Mar ¥500 ¥500
Response 0.5% 25.0% 0.5% 25.0% # of Annua 10 ¥10
Acquisition ¥60,000 ¥50,000 ¥60,000 ¥50,000 Annual Mar ¥5,000 ¥5,000
Survival Ra 100.0% 65.0%
Workers N 1 1 1 1 Customer A ¥7,500 0
Worker Lab ¥1,500 ¥1,500 ¥1,500 ¥1,500 Annual Prof (¥2,500) ¥3,250
Instructor 1 1 1 1 NPV of Ann (¥2,500) ¥2,955
Instructor ¥4,500 ¥4,500 ¥4,500 ¥4,500 Cumulative (¥2,500) ¥750
Total Cost ¥6,000 ¥6,000 ¥6,000 ¥6,000 NPV of Cum (¥2,500) ¥455

Hourly Pri ¥7,500 ¥7,500 ¥7,000 ¥7,000 Year 1 Year 2

Hourly Mar ¥1,500 ¥1,500 ¥1,000 ¥1,000 EB - Print Discount
Hourly Mar 25% 25% 17% 17% Hourly Rev ¥7,000 ¥7,000
Annual Ho 20.0 20.0 20.0 20.0 Hourly Cos ¥6,000 ¥6,000
Annual Mar¥30,000 ¥30,000 ¥20,000 ¥20,000 Hourly Mar ¥1,000 ¥1,000
# of Annua 20 ¥20
Retention 60.0% 60.0% 75.0% 75.0% Annual Mar ¥20,000 ¥20,000
Interest Rate Survival Ra 100.0% 75.0%
VOC ¥5,916 ¥15,916 ¥2,656 ¥12,656 Customer A ¥60,000 0
Year PV$< 11 11 15 15 Annual Prof(¥40,000) ¥15,000
NPV of Ann(¥40,000) ¥13,636
Cumulative(¥40,000) (¥25,000)
NPV of Cum(¥40,000) (¥26,364)

Year 1 Year 2
EB - Party Discount
Hourly Rev ¥7,000 ¥7,000
Hourly Cos ¥6,000 ¥6,000
Hourly Mar ¥1,000 ¥1,000
# of Annua 20 ¥20
Annual Mar ¥20,000 ¥20,000
Survival Ra 100.0% 75.0%
Customer A ¥50,000 0
Annual Prof(¥30,000) ¥15,000
NPV of Ann(¥30,000) ¥13,636
Cumulative(¥30,000) (¥15,000)
NPV of Cum(¥30,000) (¥16,364)
 2 3 4 5 6 7 8 9 10 11

3 4 5 6 7 8 9 10 11 12
Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500
¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10
¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000
56.3% 42.2% 31.6% 23.7% 17.8% 13.3% 10.0% 7.5% 5.6% 4.2%
0 0 0 0 0 0 0 0 0 0
¥2,813 ¥2,109 ¥1,582 ¥1,187 ¥890 ¥667 ¥501 ¥375 ¥282 ¥211
¥2,324 ¥1,585 ¥1,081 ¥737 ¥502 ¥342 ¥234 ¥159 ¥109 ¥74
¥1,563 ¥3,672 ¥5,254 ¥6,440 ¥7,330 ¥7,998 ¥8,498 ¥8,874 ¥9,155 ¥9,366
¥733 ¥2,318 ¥3,399 ¥4,136 ¥4,638 ¥4,980 ¥5,214 ¥5,373 ¥5,482 ¥5,556

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
25.0% 12.5% 6.3% 3.1% 1.6% 0.8% 0.4% 0.2% 0.1% 0.0%
0 0 0 0 0 0 0 0 0 0
¥1,500 ¥750 ¥375 ¥188 ¥94 ¥47 ¥23 ¥12 ¥6 ¥3
¥1,240 ¥563 ¥256 ¥116 ¥53 ¥24 ¥11 ¥5 ¥2 ¥1
¥500 ¥1,250 ¥1,625 ¥1,813 ¥1,906 ¥1,953 ¥1,977 ¥1,988 ¥1,994 ¥1,997
(¥33) ¥530 ¥787 ¥903 ¥956 ¥980 ¥991 ¥996 ¥998 ¥999

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000
36.0% 21.6% 13.0% 7.8% 4.7% 2.8% 1.7% 1.0% 0.6% 0.4%
0 0 0 0 0 0 0 0 0 0
¥10,800 ¥6,480 ¥3,888 ¥2,333 ¥1,400 ¥840 ¥504 ¥302 ¥181 ¥109
¥8,926 ¥4,869 ¥2,656 ¥1,448 ¥790 ¥431 ¥235 ¥128 ¥70 ¥38
(¥1,200) ¥5,280 ¥9,168 ¥11,501 ¥12,900 ¥13,740 ¥14,244 ¥14,547 ¥14,728 ¥14,837
(¥4,711) ¥158 ¥2,813 ¥4,262 ¥5,052 ¥5,483 ¥5,718 ¥5,846 ¥5,916 ¥5,954
 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000
36.0% 21.6% 13.0% 7.8% 4.7% 2.8% 1.7% 1.0% 0.6% 0.4%

0 0 0 0 0 0 0 0 0 0
¥10,800 ¥6,480 ¥3,888 ¥2,333 ¥1,400 ¥840 ¥504 ¥302 ¥181 ¥109
¥8,926 ¥4,869 ¥2,656 ¥1,448 ¥790 ¥431 ¥235 ¥128 ¥70 ¥38
¥8,800 ¥15,280 ¥19,168 ¥21,501 ¥22,900 ¥23,740 ¥24,244 ¥24,547 ¥24,728 ¥24,837
¥5,289 ¥10,158 ¥12,813 ¥14,262 ¥15,052 ¥15,483 ¥15,718 ¥15,846 ¥15,916 ¥15,954

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000
¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000
¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
12.3% 4.3% 1.5% 0.5% 0.2% 0.1% 0.0% 0.0% 0.0% 0.0%
0 0 0 0 0 0 0 0 0 0
¥184 ¥64 ¥23 ¥8 ¥3 ¥1 ¥0 ¥0 ¥0 ¥0
¥152 ¥48 ¥15 ¥5 ¥2 ¥0 ¥0 ¥0 ¥0 ¥0
¥209 ¥273 ¥296 ¥303 ¥306 ¥307 ¥308 ¥308 ¥308 ¥308
¥129 ¥177 ¥193 ¥198 ¥199 ¥200 ¥200 ¥200 ¥200 ¥200

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500
¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10
¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000
42.3% 27.5% 17.9% 11.6% 7.5% 4.9% 3.2% 2.1% 1.3% 0.9%
0 0 0 0 0 0 0 0 0 0
¥2,113 ¥1,373 ¥893 ¥580 ¥377 ¥245 ¥159 ¥104 ¥67 ¥44
¥1,746 ¥1,032 ¥610 ¥360 ¥213 ¥126 ¥74 ¥44 ¥26 ¥15
¥2,863 ¥4,236 ¥5,128 ¥5,708 ¥6,085 ¥6,331 ¥6,490 ¥6,593 ¥6,661 ¥6,704
¥2,200 ¥3,232 ¥3,842 ¥4,202 ¥4,415 ¥4,541 ¥4,615 ¥4,659 ¥4,685 ¥4,700

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000
56.3% 42.2% 31.6% 23.7% 17.8% 13.3% 10.0% 7.5% 5.6% 4.2%
0 0 0 0 0 0 0 0 0 0
¥11,250 ¥8,438 ¥6,328 ¥4,746 ¥3,560 ¥2,670 ¥2,002 ¥1,502 ¥1,126 ¥845
¥9,298 ¥6,339 ¥4,322 ¥2,947 ¥2,009 ¥1,370 ¥934 ¥637 ¥434 ¥296
(¥13,750) (¥5,313) ¥1,016 ¥5,762 ¥9,321 ¥11,991 ¥13,993 ¥15,495 ¥16,621 ¥17,466
(¥17,066) (¥10,727) (¥6,405) (¥3,458) (¥1,448) (¥79) ¥856 ¥1,492 ¥1,927 ¥2,223

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12

¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000
56.3% 42.2% 31.6% 23.7% 17.8% 13.3% 10.0% 7.5% 5.6% 4.2%
0 0 0 0 0 0 0 0 0 0
¥11,250 ¥8,438 ¥6,328 ¥4,746 ¥3,560 ¥2,670 ¥2,002 ¥1,502 ¥1,126 ¥845
¥9,298 ¥6,339 ¥4,322 ¥2,947 ¥2,009 ¥1,370 ¥934 ¥637 ¥434 ¥296
(¥3,750) ¥4,688 ¥11,016 ¥15,762 ¥19,321 ¥21,991 ¥23,993 ¥25,495 ¥26,621 ¥27,466
(¥7,066) (¥727) ¥3,595 ¥6,542 ¥8,552 ¥9,921 ¥10,856 ¥11,492 ¥11,927 ¥12,223
 12 13 14 15 16 17 18 19 20 21

13 14 15 16 17 18 19 20 21 22
Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500
¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10
¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000
3.2% 2.4% 1.8% 1.3% 1.0% 0.8% 0.6% 0.4% 0.3% 0.2%
0 0 0 0 0 0 0 0 0 0
¥158 ¥119 ¥89 ¥67 ¥50 ¥38 ¥28 ¥21 ¥16 ¥12
¥50 ¥34 ¥23 ¥16 ¥11 ¥7 ¥5 ¥3 ¥2 ¥2
¥9,525 ¥9,644 ¥9,733 ¥9,800 ¥9,850 ¥9,887 ¥9,915 ¥9,937 ¥9,952 ¥9,964
¥5,606 ¥5,641 ¥5,664 ¥5,680 ¥5,691 ¥5,698 ¥5,703 ¥5,707 ¥5,709 ¥5,711

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4 ¥4
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
0 0 0 0 0 0 0 0 0 0
¥1 ¥1 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
¥1,999 ¥1,999 ¥2,000 ¥2,000 ¥2,000 ¥2,000 ¥2,000 ¥2,000 ¥2,000 ¥2,000
¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000
0.2% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
0 0 0 0 0 0 0 0 0 0
¥65 ¥39 ¥24 ¥14 ¥8 ¥5 ¥3 ¥2 ¥1 ¥1
¥21 ¥11 ¥6 ¥3 ¥2 ¥1 ¥1 ¥0 ¥0 ¥0
¥14,902 ¥14,941 ¥14,965 ¥14,979 ¥14,987 ¥14,992 ¥14,995 ¥14,997 ¥14,998 ¥14,999
¥5,975 ¥5,986 ¥5,993 ¥5,996 ¥5,998 ¥5,999 ¥5,999 ¥6,000 ¥6,000 ¥6,000
Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500 ¥7,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000 ¥30,000
0.2% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

0 0 0 0 0 0 0 0 0 0
¥65 ¥39 ¥24 ¥14 ¥8 ¥5 ¥3 ¥2 ¥1 ¥1
¥21 ¥11 ¥6 ¥3 ¥2 ¥1 ¥1 ¥0 ¥0 ¥0
¥24,902 ¥24,941 ¥24,965 ¥24,979 ¥24,987 ¥24,992 ¥24,995 ¥24,997 ¥24,998 ¥24,999
¥15,975 ¥15,986 ¥15,993 ¥15,996 ¥15,998 ¥15,999 ¥15,999 ¥16,000 ¥16,000 ¥16,000

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000 ¥4,000
¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000 ¥3,000
¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2 ¥2
¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500 ¥1,500
0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
0 0 0 0 0 0 0 0 0 0
¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
¥308 ¥308 ¥308 ¥308 ¥308 ¥308 ¥308 ¥308 ¥308 ¥308
¥200 ¥200 ¥200 ¥200 ¥200 ¥200 ¥200 ¥200 ¥200 ¥200

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500 ¥6,500
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500 ¥500
¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10 ¥10
¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000 ¥5,000
0.6% 0.4% 0.2% 0.2% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0%
0 0 0 0 0 0 0 0 0 0
¥28 ¥18 ¥12 ¥8 ¥5 ¥3 ¥2 ¥1 ¥1 ¥1
¥9 ¥5 ¥3 ¥2 ¥1 ¥1 ¥0 ¥0 ¥0 ¥0
¥6,733 ¥6,751 ¥6,763 ¥6,771 ¥6,776 ¥6,780 ¥6,782 ¥6,783 ¥6,784 ¥6,785
¥4,709 ¥4,714 ¥4,718 ¥4,720 ¥4,721 ¥4,721 ¥4,722 ¥4,722 ¥4,722 ¥4,722

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000
3.2% 2.4% 1.8% 1.3% 1.0% 0.8% 0.6% 0.4% 0.3% 0.2%
0 0 0 0 0 0 0 0 0 0
¥634 ¥475 ¥356 ¥267 ¥200 ¥150 ¥113 ¥85 ¥63 ¥48
¥202 ¥138 ¥94 ¥64 ¥44 ¥30 ¥20 ¥14 ¥9 ¥6
¥18,099 ¥18,575 ¥18,931 ¥19,198 ¥19,399 ¥19,549 ¥19,662 ¥19,746 ¥19,810 ¥19,857
¥2,425 ¥2,562 ¥2,656 ¥2,720 ¥2,764 ¥2,793 ¥2,814 ¥2,828 ¥2,837 ¥2,843

Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22

¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000 ¥7,000
¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000 ¥6,000
¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000 ¥1,000
¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20 ¥20
¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000 ¥20,000
3.2% 2.4% 1.8% 1.3% 1.0% 0.8% 0.6% 0.4% 0.3% 0.2%
0 0 0 0 0 0 0 0 0 0
¥634 ¥475 ¥356 ¥267 ¥200 ¥150 ¥113 ¥85 ¥63 ¥48
¥202 ¥138 ¥94 ¥64 ¥44 ¥30 ¥20 ¥14 ¥9 ¥6
¥28,099 ¥28,575 ¥28,931 ¥29,198 ¥29,399 ¥29,549 ¥29,662 ¥29,746 ¥29,810 ¥29,857
¥12,425 ¥12,562 ¥12,656 ¥12,720 ¥12,764 ¥12,793 ¥12,814 ¥12,828 ¥12,837 ¥12,843
 22

23
Year 23

¥6,500
¥6,000
¥500
¥10
¥5,000
0.2%
0
¥9
¥1
¥9,973
¥5,712

Year 23

¥3,000
¥1,500
¥1,500
¥4
¥6,000
0.0%
0
¥0
¥0
¥2,000
¥1,000

Year 23

¥7,500
¥6,000
¥1,500
¥20
¥30,000
0.0%
0
¥0
¥0
¥14,999
¥6,000
Year 23

¥7,500
¥6,000
¥1,500
¥20
¥30,000
0.0%

0
¥0
¥0
¥24,999
¥16,000

Year 23

¥4,000
¥3,000
¥1,000
¥2
¥1,500
0.0%
0
¥0
¥0
¥308
¥200

Year 23

¥6,500
¥6,000
¥500
¥10
¥5,000
0.0%
0
¥0
¥0
¥6,785
¥4,722

Year 23

¥7,000
¥6,000
 ¥1,000
¥20
¥20,000
0.2%
0
¥36
¥4
¥19,893
¥2,848

Year 23

¥7,000
¥6,000
¥1,000
¥20
¥20,000
0.2%
0
¥36
¥4
¥29,893
¥12,848