{"id":1737,"date":"2022-06-30T23:25:32","date_gmt":"2022-06-30T14:25:32","guid":{"rendered":"https:\/\/1up-life.blog\/?p=1737"},"modified":"2022-06-30T23:27:26","modified_gmt":"2022-06-30T14:27:26","slug":"%e3%80%90%e7%bf%bb%e8%a8%b3%e3%80%91%e3%83%9a%e3%82%a4%e3%83%81%e3%82%a7%e3%83%83%e3%82%af%e3%82%b9-payx2022%e5%b9%b4%e7%ac%ac4%e5%9b%9b%e5%8d%8a%e6%9c%9f%e6%b1%ba%e7%ae%97%e8%aa%ac%e6%98%8e","status":"publish","type":"post","link":"https:\/\/1up-life.blog\/?p=1737","title":{"rendered":"\u3010\u7ffb\u8a33\u3011\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)2022\u5e74\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a"},"content":{"rendered":"<p>\u7c73\u56fd\u306e\u4e2d\u5c0f\u4f01\u696d\u306b\u7d66\u4e0e\u51e6\u7406\u3001\u4eba\u4e8b\u7ba1\u7406\u3001\u5f93\u696d\u54e1\u798f\u5229\u696d\u52d9\u306e\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\u30b5\u30fc\u30d3\u30b9\u3092\u5c55\u958b\u3057\u3066\u3044\u308b\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)2022\u5e74\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306e\u65e5\u672c\u8a9e\u8a33\u3067\u3059\u3002<\/p>\n<p>\u826f\u3044\u4f01\u696d\u3068\u306f\u601d\u3063\u3066\u307e\u3059\u304c\u666f\u6c17\u306e\u5148\u884c\u304d\u4e0d\u900f\u660e\u611f\u304c\u3042\u308b\u306e\u3067\u4eca\u306f\u8cb7\u3044\u306b\u304f\u3044\u3067\u3059\u306d\u3002<\/p>\n<p>PER32.8\u3068\u9ad8\u3081\u306a\u306e\u3067\u8cb7\u3044\u306b\u304f\u3044\u3067\u3059\u306d\u3002\u305f\u3060\u3042\u308b\u7a0b\u5ea6\u4e0b\u304c\u308c\u3070\u8cfc\u5165\u3082\u691c\u8a0e\u3057\u305f\u3044\u3068\u306f\u601d\u3063\u3066\u307e\u3059\u3002<\/p>\n<div id=\"attachment_1738\" style=\"width: 1488px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1738\" class=\"wp-image-1738 size-full\" src=\"https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59.png\" alt=\"\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)\u682a\u4fa1\" width=\"1478\" height=\"743\" srcset=\"https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59.png 1478w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59-300x151.png 300w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59-1024x515.png 1024w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59-768x386.png 768w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/06\/PAYX_2022-06-30_23-23-59-940x473.png 940w\" sizes=\"auto, (max-width: 1478px) 100vw, 1478px\" \/><p id=\"caption-attachment-1738\" class=\"wp-caption-text\">\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)\u682a\u4fa1<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>\u524d\u56de\u306e<a href=\"https:\/\/1up-life.blog\/?p=1307\">2022\u5e74\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306f\u3053\u3061\u3089<\/a>\u3067\u3059\u3002<\/p>\n<p class=\"hh hh3 main-bdr\"><span class=\"big\"><strong>\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)2022\u5e74\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a<\/strong><\/span><\/p>\n<p>Call participants:<br \/>\nMarty Mucci &#8212; President and Chief Executive Officer<br \/>\nJohn Gibson &#8212; President and Chief Operating Officer<br \/>\nEfrain Rivera &#8212; Chief Financial Officer<br \/>\nDavid Togut &#8212; Evercore ISI &#8212; Analyst<br \/>\nKevin McVeigh &#8212; Credit Suisse &#8212; Analyst<br \/>\nBryan Bergin &#8212; Cowen and Company &#8212; Analyst<br \/>\nRamsey El-Assal &#8212; Barclays &#8212; Analyst<br \/>\nJason Kupferberg &#8212; Bank of America Merrill Lynch &#8212; Analyst<br \/>\nBryan Keane &#8212; Deutsche Bank &#8212; Analyst<br \/>\nAndrew Nicholas &#8212; William Blair and Company &#8212; Analyst<br \/>\nKartik Mehta &#8212; Northcoast Research &#8212; Analyst<br \/>\nPeter Christiansen &#8212; Citi &#8212; Analyst<br \/>\nJonathan Lee &#8212; Morgan Stanley &#8212; Analyst<br \/>\nMark Marcon &#8212; Robert W. Baird and Company &#8212; Analyst<br \/>\nScott Wurtzel &#8212; Wolfe Research &#8212; Analyst<br \/>\nMore PAYX analysis<\/p>\n<p>2022\u5e746\u670829\u65e5\u5348\u524d9\u664230\u5206\uff08\u7c73\u56fd\u6771\u90e8\u6642\u9593\uff09<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u7686\u3055\u3093\u3001\u672c\u65e5\u306fPaychex\u306e\u7b2c4\u56db\u534a\u671f\u304a\u3088\u3073\u4f1a\u8a08\u5e74\u5ea6\u672b\u306e\u696d\u7e3e\u306b\u95a2\u3059\u308b\u96fb\u8a71\u4f1a\u8b70\u3078\u3088\u3046\u3053\u305d\u3002[\u3053\u306e\u96fb\u8a71\u306f\u9332\u97f3\u3055\u308c\u3066\u3044\u307e\u3059\u3002[\u305d\u308c\u3067\u306f\u3001\u672c\u65e5\u306e\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u4f1a\u9577\u517cCEO\u306e\u30de\u30fc\u30c6\u30a3\u30f3\u30fb\u30e0\u30c3\u30c1\u306b\u5f15\u304d\u7d99\u304e\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u793e\u9577\u3001\u3069\u3046\u305e\u59cb\u3081\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<br \/>\n\u672c\u65e5\u306f\u3001Paychex\u793e\u306e2022\u5e74\u7b2c4\u56db\u534a\u671f\u304a\u3088\u3073\u4f1a\u8a08\u5e74\u5ea6\u306e\u6c7a\u7b97\u767a\u8868\u306b\u304a\u96c6\u307e\u308a\u3044\u305f\u3060\u304d\u3001\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u672c\u65e5\u3054\u767b\u5834\u3044\u305f\u3060\u304f\u306e\u306f \u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08\u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005\uff09\u3001\u30b8\u30e7\u30f3\u30fb\u30ae\u30d6\u30bd\u30f3\uff08\u793e\u9577\u517c\u6700\u9ad8\u57f7\u884c\u8cac\u4efb\u8005\uff09\u3067\u3059\u3002\u4eca\u671d\u3001\u5e02\u5834\u304c\u958b\u304f\u524d\u306b\u30012022\u5e745\u670831\u65e5\u306b\u7d42\u4e86\u3057\u305f\u7b2c4\u56db\u534a\u671f\u304a\u3088\u3073\u901a\u671f\u306e\u6c7a\u7b97\u3092\u767a\u8868\u3057\u307e\u3057\u305f\u3002\u6c7a\u7b97\u767a\u8868\u8cc7\u6599\u306f\u6295\u8cc7\u5bb6\u5411\u3051\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u304b\u3089\u30a2\u30af\u30bb\u30b9\u3067\u304d\u3001Form 10-K\u306f7\u6708\u672b\u307e\u3067\u306bSEC\u306b\u63d0\u51fa\u3055\u308c\u308b\u4e88\u5b9a\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u96fb\u8a71\u4f1a\u8b70\u306f\u30a4\u30f3\u30bf\u30fc\u30cd\u30c3\u30c8\u3067\u653e\u9001\u3055\u308c\u3001\u7d0490\u65e5\u9593\u30a2\u30fc\u30ab\u30a4\u30d6\u3055\u308c\u3001\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u4e0a\u3067\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002\u672c\u65e5\u306e\u96fb\u8a71\u4f1a\u8b70\u3067\u306f\u3001\u307e\u305a\u7b2c4\u56db\u534a\u671f\u304a\u3088\u3073\u901a\u671f\u306e\u30d3\u30b8\u30cd\u30b9\u30cf\u30a4\u30e9\u30a4\u30c8\u306b\u3064\u3044\u3066\u3054\u8aac\u660e\u3057\u307e\u3059\u3002\u305d\u306e\u5f8c\u3001\u30a8\u30d5\u30ec\u30a4\u30f3\u304c2023\u5e74\u5ea6\u306e\u696d\u7e3e\u3068\u898b\u901a\u3057\u3092\u8aac\u660e\u3057\u3001\u7686\u3055\u307e\u304b\u3089\u306e\u3054\u8cea\u554f\u3084\u3054\u610f\u898b\u3092\u304a\u53d7\u3051\u3059\u308b\u4e88\u5b9a\u3067\u3059\u3002\u4eca\u5e74\u3082\u597d\u8abf\u306a\u56db\u534a\u671f\u3067\u5e74\u5ea6\u672b\u3092\u8fce\u3048\u308b\u3053\u3068\u304c\u3067\u304d\u3001\u5927\u5909\u5b09\u3057\u304f\u601d\u3044\u307e\u3059\u3002<br \/>\n2022\u5e74\u5ea6\u306e\u6210\u529f\u306f\u3001\u5168\u793e\u7684\u306a\u5f37\u529b\u306a\u5b9f\u884c\u529b\u3092\u53cd\u6620\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306b\u306f\u3001\u5f53\u793e\u306e\u4fa1\u5024\u63d0\u6848\u3092\u5f37\u8abf\u3059\u308b\u55b6\u696d\u30c1\u30fc\u30e0\u3001\u9867\u5ba2\u7dad\u6301\u306b\u304a\u3051\u308b\u30b5\u30fc\u30d3\u30b9\u30c1\u30fc\u30e0\u3001\u65b0\u88fd\u54c1\u3092\u8fc5\u901f\u306b\u9867\u5ba2\u306b\u63d0\u4f9b\u3059\u308b\u305f\u3081\u306e\u90e8\u9580\u6a2a\u65ad\u7684\u306a\u30d1\u30fc\u30c8\u30ca\u30fc\u30b7\u30c3\u30d7\u3001\u4eba\u4e8b\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\u3068\u4e2d\u9593\u5e02\u5834\u306b\u304a\u3051\u308b\u5805\u5b9f\u306a\u6210\u529f\u304c\u542b\u307e\u308c\u3066\u3044\u307e\u3059\u3002\u8abf\u6574\u5f8c\u306e\u5e0c\u8584\u5316\u5f8c1\u682a\u5f53\u305f\u308a\u5229\u76ca\u306f24%\u306e\u4f38\u3073\u3067\u3001\u5927\u5e45\u306a\u5897\u53ce\u30682022\u5e74\u5ea6\u306e\u55b6\u696d\u5229\u76ca\u7387\u7d0440%\u3078\u306e\u30de\u30fc\u30b8\u30f3\u62e1\u5927\u306e\u4e21\u65b9\u3092\u53cd\u6620\u3057\u3066\u3044\u307e\u3059\u3002\u30b3\u30b9\u30c8\u7ba1\u7406\u3001\u88c1\u91cf\u652f\u51fa\u306e\u524a\u6e1b\u3001\u696d\u52d9\u52b9\u7387\u5316\u306b\u6ce8\u529b\u3057\u305f\u7d50\u679c\u3001\u4e8b\u696d\u3078\u306e\u6295\u8cc7\u3068\u55b6\u696d\u5229\u76ca\u7387\u306e\u62e1\u5927\u3092\u4e21\u7acb\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3057\u305f\u3002<\/p>\n<p>\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u52d5\u5411\u306f\u3001\u4eca\u5e74\u5ea6\u306f\u597d\u8abf\u3067\u3057\u305f\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c40\u5e74\u3076\u308a\u306e\u9ad8\u6c34\u6e96\u306b\u3042\u308b\u3053\u3068\u304b\u3089\u3001\u8fd1\u3044\u5c06 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Plan\u306e\u5c0e\u5165\u306f\u3001\u5f53\u793e\u306e\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u306b\u3055\u3089\u306a\u308b\u5dee\u5225\u5316\u3092\u3082\u305f\u3089\u3057\u307e\u3057\u305f\u3002\u79c1\u305f\u3061\u306f\u73fe\u5728\u3001\u696d\u754c\u3092\u30ea\u30fc\u30c9\u3059\u308b\u30e2\u30d0\u30a4\u30eb\u6280\u8853\u306b\u3088\u3063\u3066\u3001104,000\u793e\u4ee5\u4e0a\u306e\u4f01\u696d\u3068130\u4e07\u4eba\u4ee5\u4e0a\u306e\u9867\u5ba2\u306e\u5f93\u696d\u54e1\u304c\u3001\u308f\u305a\u304b4\u56de\u306e\u30af\u30ea\u30c3\u30af\u3067\u9000\u8077\u91d1\u52a0\u5165\u3092\u697d\u3057\u3081\u308b\u3088\u3046\u306b\u3001\u5c0a\u53b3\u3042\u308b\u74b0\u5883\u3067\u306e\u9000\u8077\u306b\u5411\u3051\u305f\u8caf\u84c4\u3092\u652f\u63f4\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>HR\u306f\u3053\u308c\u307e\u3067\u3001\u4f01\u696d\u304c\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u3092\u7dad\u6301\u3057\u3001\u4eba\u6750\u3092\u7ba1\u7406\u3059\u308b\u3053\u3068\u3092\u652f\u63f4\u3059\u308b\u3053\u3068\u3092\u4efb\u52d9\u3068\u3057\u3066\u304d\u307e\u3057\u305f\u3002Paychex HR\u306f\u3001\u3053\u308c\u3089\u306e\u76ee\u6a19\u3092\u9054\u6210\u3059\u308b\u3068\u540c\u6642\u306b\u3001\u4f01\u696d\u304c\u3088\u308a\u52b9\u7387\u7684\u306b\u696d\u52d9\u3092\u9042\u884c\u3067\u304d\u308b\u3088\u3046\u652f\u63f4\u3057\u307e\u3059\u3002Paychex HR\u306f\u3001\u30af\u30e9\u30a6\u30c9\u5bfe\u5fdc\u306eFlex\u30e2\u30d0\u30a4\u30eb\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3092\u901a\u3058\u3066\u3001\u4f01\u696d\u304c\u7d19\u3092\u8fd1\u4ee3\u7684\u3067\u4f7f\u3044\u3084\u3059\u3044\u30c7\u30b8\u30bf\u30eb\u30fb\u30d7\u30ed\u30bb\u30b9\u306b\u7f6e\u304d\u63db\u3048\u308b\u306e\u3092\u652f\u63f4\u3057\u307e\u3059\u3002\u96c7\u7528\u306b\u95a2\u3059\u308b\u73fe\u5728\u306e\u554f\u984c\u3084\u30a4\u30f3\u30d5\u30ec\u306b\u3088\u308b\u30b3\u30b9\u30c8\u4e0a\u6607\u3092\u8003\u616e\u3057\u3001\u4f01\u696d\u304c\u3088\u308a\u52b9\u7387\u7684\u306b\u4e8b\u696d\u3092\u884c\u3046\u5fc5\u8981\u6027\u306b\u771f\u6b63\u9762\u304b\u3089\u53d6\u308a\u7d44\u3093\u3067\u3044\u307e\u3059\u3002<\/p>\n<p>22 \u5e74\u5ea6\u306f\u3001170 \u4e07\u4eba\u4ee5\u4e0a\u306e\u9867\u5ba2\u4f01\u696d\u306e\u793e\u54e1\u304c\u3001\u5b8c\u5168\u306a\u30c7\u30b8\u30bf\u30eb\u4f53\u9a13\u3092\u901a\u3058\u3066\u5165\u793e\u3057\u307e\u3057\u305f\u3002\u7d66\u4e0e\u8a08\u7b97\u3001\u4eba\u4e8b\u7ba1\u7406\u3001\u6642\u9593\u7ba1\u7406\u3001\u30b9\u30b1\u30b8\u30e5\u30fc\u30eb\u7ba1\u7406\u306e\u5404\u5206\u91ce\u3067\u3001\u30da\u30a4\u30b7\u30a7\u30c3\u30af\u30b9\u72ec\u81ea\u306e\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3092\u99c6\u4f7f\u3059\u308b\u3053\u3068\u3067\u3001\u6700\u5927\u306e\u5229\u76ca\u3068\u52b9\u7387\u6027\u3092\u5b9f\u73fe\u3057\u3066\u3044\u307e\u3059\u3002Paychex Pre-Check\u306f1\u6708\u306b\u30c7\u30d3\u30e5\u30fc\u3057\u307e\u3057\u305f\u304c\u3001Pre-Check\u306e\u65e9\u671f\u63a1\u7528\u8005\u306f\u3001\u51e6\u7406\u524d\u306b\u5f93\u696d\u54e1\u304c\u5c0f\u5207\u624b\u3092\u30d7\u30ec\u30d3\u30e5\u30fc\u3057\u3066\u627f\u8a8d\u3059\u308b\u3068\u3044\u3046\u7a4d\u6975\u7684\u306a\u30a2\u30d7\u30ed\u30fc\u30c1\u304b\u3089\u5229\u76ca\u3092\u5f97\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u3001Pre-Check\u3092\u5c0e\u5165\u3059\u308b\u3053\u3068\u3067\u3001\u6642\u9593\u306e\u7bc0\u7d04\u3068\u554f\u984c\u306e\u56de\u907f\u304c\u53ef\u80fd\u306b\u306a\u308b\u305f\u3081\u3001\u9867\u5ba2\u304b\u3089\u3082\u597d\u8a55\u3092\u5f97\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001Paychex PEO\u306f\u3001\u5f93\u6765\u306e\u533b\u7642\u4fdd\u967a\u3001\u6b6f\u79d1\u4fdd\u967a\u3001\u773c\u79d1\u4fdd\u967a\u304b\u3089\u3001\u5f93\u696d\u54e1\u304c\u91cd\u75c7\u60a3\u8005\u4fdd\u967a\u3084\u30da\u30c3\u30c8\u4fdd\u967a\u306b\u52a0\u5165\u3059\u308b\u30aa\u30d7\u30b7\u30e7\u30f3\u3001\u5b66\u751f\u30ed\u30fc\u30f3\u88dc\u52a9\u3001\u30d1\u30fc\u30c8\u30bf\u30a4\u30e0\u5f93\u696d\u54e1\u306e\u305f\u3081\u306e\u5f37\u529b\u306a\u798f\u5229\u539a\u751f\u3001\u9060\u9694\u533b\u7642\u3084\u30e1\u30f3\u30bf\u30eb\u30d8\u30eb\u30b9\u30ab\u30a6\u30f3\u30bb\u30ea\u30f3\u30b0\u306a\u3069\u306e\u65b0\u3057\u3044\u798f\u5229\u539a\u751f\u3092\u542b\u3080\u5305\u62ec\u7684\u306a\u5f93\u696d\u54e1\u30dc\u30e9\u30f3\u30c6\u30a3\u30a2\u30d1\u30c3\u30b1\u30fc\u30b8\u307e\u3067\u3001\u304a\u5ba2\u69d8\u72ec\u81ea\u306e\u9023\u7d9a\u3057\u305f\u798f\u5229\u539a\u751f\u3092\u63d0\u4f9b\u3057\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002Paychex PEO\u306f\u3001\u304a\u5ba2\u69d8\u304c\u512a\u79c0\u306a\u4eba\u6750\u3092\u60f9\u304d\u3064\u3051\u3001\u7dad\u6301\u3067\u304d\u308b\u3088\u3046\u3001\u5dee\u5225\u5316\u3055\u308c\u305f\u798f\u5229\u539a\u751f\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u554f\u984c\u3084\u30a4\u30f3\u30d5\u30ec\u4e0a\u6607\u306e\u5f71\u97ff\u306b\u5bfe\u51e6\u3059\u308b\u306e\u306b\u82e6\u52b4\u3057\u3066\u3044\u308b\u4f01\u696d\u306b\u3068\u3063\u3066\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u7ba1\u7406\u3082\u6700\u91cd\u8981\u8ab2\u984c\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306f\u3001\u304a\u5ba2\u69d8\u304c\u653f\u5e9c\u306e\u523a\u6fc0\u7b56\u3092\u5229\u7528\u3067\u304d\u308b\u3088\u3046\u306a\u65b9\u6cd5\u3092\u6a21\u7d22\u3057\u7d9a\u3051\u300180 \u5104\u30c9\u30eb\u4ee5\u4e0a\u306e\u5f93\u696d\u54e1\u7dad\u6301\u3068\u6709\u7d66\u4f11\u6687\u306e\u7a0e\u984d\u63a7\u9664\u3092\u5229\u7528\u3067\u304d\u308b\u3088\u3046\u652f\u63f4\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u3053\u308c\u306f\u30012020 \u5e74\u306b\u5b9f\u65bd\u3059\u308b 650 \u5104\u30c9\u30eb\u306e PPP \u878d\u8cc7\u30d7\u30ed\u30b0\u30e9\u30e0\u69cb\u60f3\u306e\u52e2\u3044\u3092\u3055\u3089\u306b\u52a0\u901f\u3055\u305b\u308b\u3082\u306e\u3067\u3059\u3002\u5f53\u793e\u306e\u53d7\u8cde\u6b74\u306e\u3042\u308bPPP\u50b5\u6a29\u653e\u68c4\u30c4\u30fc\u30eb\u306f\u3001\u9867\u5ba2\u304c\u3053\u308c\u3089\u306e\u50b5\u6a29\u306e96\uff05\u3092\u5b8c\u5168\u50b5\u6a29\u653e\u68c4\u306b\u79fb\u884c\u3055\u305b\u308b\u306e\u306b\u5f79\u7acb\u3063\u3066\u3044\u307e\u3059\u3002Paychex\u3067\u306f\u3001\u793e\u54e1\u304c\u79c1\u305f\u3061\u306e\u5b58\u5728\u3068\u4ed5\u4e8b\u306b\u3068\u3063\u3066\u91cd\u8981\u3067\u3042\u308b\u3053\u3068\u3092\u77e5\u3063\u3066\u3044\u307e\u3059\u3002\u793e\u54e1\u3068\u793e\u54e1\u306e\u5e78\u798f\u3092\u91cd\u8996\u3059\u308b\u3053\u3068\u304c\u3001\u7af6\u4e89\u306e\u6fc0\u3057\u3044\u52b4\u50cd\u5e02\u5834\u3092\u4e57\u308a\u5207\u308b\u3053\u3068\u306b\u5f79\u7acb\u3063\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u5f53\u793e\u306f\u3001\u300eForbes\u300f\u8a8c\u306e\u300c\u591a\u69d8\u6027\u306b\u5bcc\u3080\u30a2\u30e1\u30ea\u30ab\u306e\u30d9\u30b9\u30c8\u30fb\u30a8\u30f3\u30d7\u30ed\u30a4\u30fc\u300d\u306e\u3072\u3068\u3064\u306b\u9078\u3070\u308c\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u300cBusiness Group on Health\u300d\u304b\u3089\u306f\u3001\u5168\u7c73\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u306e\u5065\u5eb7\u30fb\u798f\u7949\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u63d0\u4f9b\u3057\u3066\u3044\u308b\u4f01\u696d\u3068\u3057\u3066\u3001\u300cBest Employers\u300d\u306b\u8a8d\u5b9a\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u5168\u7c73\u3067\u3082\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u306e\u5065\u5eb7\u5897\u9032\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u63d0\u4f9b\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u8a55\u4fa1\u3055\u308c\u3001\u300c\u30d9\u30b9\u30c8\u30fb\u30a8\u30f3\u30d7\u30ed\u30a4\u30e4\u30fc\uff1a\u30a8\u30af\u30bb\u30ec\u30f3\u30b9\u30fb\u30a4\u30f3\u30fb\u30d8\u30eb\u30b9\uff06\u30a6\u30a7\u30eb\u30d3\u30fc\u30a4\u30f3\u30b0\u300d\u8cde\u3092\u53d7\u8cde\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>22 \u5e74\u5ea6\u304c\u7d42\u308f\u308a\u3001\u79c1\u306f\u3053\u306e 1 \u5e74\u9593\u306e\u7d20\u6674\u3089\u3057\u3044\u696d\u7e3e\u3092\u8a87\u308a\u306b\u601d\u3046\u3068\u540c\u6642\u306b\u3001\u4eca\u5f8c\u306e\u3055\u3089\u306a\u308b\u6210\u9577\u306b\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306e\u6210\u529f\u306e\u9375\u3092\u63e1\u308b16,000\u4eba\u306e\u5f93\u696d\u54e1\u304c\u3001\u523b\u3005\u3068\u5909\u5316\u3059\u308b\u74b0\u5883\u306e\u4e2d\u3067\u7d20\u6674\u3089\u3057\u3044\u4ed5\u4e8b\u3092\u3057\u3066\u304f\u308c\u305f\u3053\u3068\u306b\u611f\u8b1d\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u308c\u3067\u306f\u3001\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\u304b\u3089\u7b2c4\u56db\u534a\u671f\u304a\u3088\u3073\u901a\u671f\u306e\u696d\u7e3e\u3068\u30012023\u5e74\u5ea6\u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u306b\u3064\u3044\u3066\u3054\u8aac\u660e\u3057\u307e\u3059\u3002\u30a8\u30d5\u30ec\u30a4\u30f3\u3055\u3093\uff1f<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; 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Rivera &#8212; 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Rivera &#8212; 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Togut &#8212; Evercore ISI &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u308c\u304b\u3089\u3001\u30a8\u30d5\u30ec\u30a4\u30f3\u3055\u3093\u300123\u5e74\u5ea6\u306e\u9867\u5ba2\u7dad\u6301\u7387\u306f\u3069\u306e\u7a0b\u5ea6\u3092\u60f3\u5b9a\u3057\u3066\u3044\u307e\u3059\u304b\uff1f88\uff05\u3092\u7dad\u6301\u3067\u304d\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3001\u305d\u308c\u3068\u3082\u4f55\u3089\u304b\u306e\u30b9\u30c6\u30c3\u30d7\u30c0\u30a6\u30f3\u3092\u60f3\u5b9a\u3057\u3066\u3044\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u540c\u7b49\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u305f\u3060\u3001\u3053\u306e\u6570\u5b57\u304b\u3089\u591a\u5c11\u306e\u30ba\u30ec\u304c\u3042\u3063\u3066\u3082\u4e0d\u601d\u8b70\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3068\u3044\u3046\u306e\u3082\u3001\u79c1\u305f\u3061\u306f\u3088\u308a\u6b63\u5e38\u306a\u74b0\u5883\u306b\u79fb\u884c\u3057\u3064\u3064\u3042\u308a\u3001\u591a\u304f\u306e\u7af6\u4e89\u304c\u767a\u751f\u3059\u308b\u3068\u601d\u308f\u308c\u308b\u304b\u3089\u3067\u3059\u3002\u79c1\u305f\u3061\u306e\u8a08\u753b\u3067\u306f\u3001\u7af6\u4e89\u306e\u6fc0\u5316\u306b\u3088\u308a\u5272\u5f15\u7387\u304c\u5c11\u3057\u4e0a\u6607\u3059\u308b\u3053\u3068\u3092\u60f3\u5b9a\u3057\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u7686\u3001\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u304b\u3089\u629c\u3051\u51fa\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u3042\u308b\u4eba\u306f\u3088\u308a\u826f\u3044\u72b6\u614b\u306b\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u3042\u308b\u4eba\u306f\u3088\u308a\u826f\u3044\u72b6\u614b\u3067\u3001\u3042\u308b\u4eba\u306f\u3088\u308a\u4e0d\u5b89\u5b9a\u306a\u72b6\u614b\u3067\u3002\u79c1\u305f\u3061\u306f\u3001\u304b\u306a\u308a\u826f\u3044\u72b6\u614b\u306b\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3057\u3001\u304b\u306a\u308a\u5b88\u308c\u308b\u72b6\u614b\u306b\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u3082\u3046\u3072\u3068\u3064\u306f\u3001\u4eca\u5e74\u3001\u4e2d\u5805\u4f01\u696d\u304c\u975e\u5e38\u306b\u597d\u8abf\u3067\u3042\u3063\u305f\u3053\u3068\u304c\u3001\u79c1\u305f\u3061\u306b\u3068\u3063\u3066\u5927\u304d\u306a\u52a9\u3051\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u70b9\u306b\u3064\u3044\u3066\u306f\u3001\u30de\u30fc\u30c6\u30a3\u306b\u8a71\u3092\u805e\u3044\u3066\u3082\u3089\u3046\u3053\u3068\u306b\u3057\u3066\u3001\u79c1\u305f\u3061\u3082\u672c\u5f53\u306b\u52a9\u304b\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u306f\u3044\u3002\u53ce\u76ca\u7dad\u6301\u306e\u9762\u3067\u306f\u3001\u3053\u306e\u96fb\u8a71\u4f1a\u8b70\u3067\u304a\u305d\u3089\u304f\u4f55\u5ea6\u304b\u304a\u8a71\u3057\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u826f\u3044\u30dd\u30a4\u30f3\u30c8\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u4e2d\u5805\u5e02\u5834\u306f\u672c\u5f53\u306b\u56de\u5fa9\u3057\u3066\u3044\u307e\u3059\u30021\u5e74\u524d\u306b\u3082\u7533\u3057\u4e0a\u3052\u307e\u3057\u305f\u304c\u30011\u5e74\u524d\u306f\u307e\u3060\u610f\u601d\u6c7a\u5b9a\u304c\u306a\u3055\u308c\u3066\u3044\u306a\u3044\u9700\u8981\u304c\u3042\u308a\u3001\u305d\u308c\u304c\u518d\u958b\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n<p>\u305d\u306e\u305f\u3081\u3001\u4e2d\u5805\u5e02\u5834\u306f\u518d\u3073\u6d3b\u6c17\u3092\u53d6\u308a\u623b\u3057\u3001\u79c1\u305f\u3061\u306f\u4e2d\u5805\u5e02\u5834\u3067\u591a\u304f\u306e\u52dd\u5229\u3092\u53ce\u3081\u3001\u304a\u305d\u3089\u304f\u79c1\u305f\u3061\u306e\u6b74\u53f2\u4e0a\u3001\u4e2d\u5805\u5e02\u5834\u3067\u6700\u3082\u597d\u8abf\u306a\u5e74\u3068\u306a\u308a\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3001\u55b6\u696d\u529b\u3001\u5546\u54c1\u529b\u3001\u305d\u3057\u3066\u3001\u304a\u5ba2\u69d8\u304c\u4eca\u6c42\u3081\u3066\u3044\u308b\u3082\u306e\u306b\u3074\u3063\u305f\u308a\u5408\u3063\u305f\u5546\u54c1\u7fa4\u3092\u63d0\u4f9b\u3067\u304d\u305f\u3053\u3068\u304c\u5927\u304d\u306a\u8981\u56e0\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u4eca\u5f8c\u306e\u53ce\u76ca\u7dad\u6301\u306e\u89b3\u70b9\u304b\u3089\u3082\u975e\u5e38\u306b\u6709\u52b9\u3067\u3059\u3002\u4e2d\u5805\u4f01\u696d\u5411\u3051\u306e\u8ca9\u58f2\u304c\u597d\u8abf\u306a\u3060\u3051\u3067\u306a\u304f\u3001\u53ce\u76ca\u306e\u7dad\u6301\u3082\u975e\u5e38\u306b\u5f37\u529b\u3067\u3059\u3002<\/p>\n<p>David Togut &#8212; Evercore ISI &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u904b\u55b6\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u30af\u30ec\u30c7\u30a3\u30fb\u30b9\u30a4\u30b9\u306e\u30b1\u30d3\u30f3\u30fb\u30de\u30af\u30d3\u30fc\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>Kevin McVeigh &#8212; Credit Suisse &#8212; 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McVeigh &#8212; Credit Suisse &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u305d\u308c\u304b\u3089\u3001\u3082\u3046\u3072\u3068\u3064\u3060\u3051\u7c21\u5358\u306a\u30d5\u30a9\u30ed\u30fc\u30a2\u30c3\u30d7\u3092\u3002\u7b2c4\u56db\u534a\u671f\u306e\u6295\u8cc7\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u5909\u52d5\u304c\u3042\u3063\u305f\u3088\u3046\u306b\u601d\u3046\u306e\u3067\u3059\u304c\u3001\u3069\u3046\u3067\u3057\u3087\u3046\u304b\u3002\u305d\u308c\u306f\u3069\u306e\u3088\u3046\u306a\u3082\u306e\u3060\u3063\u305f\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u307e\u305f\u30012023\u5e74\u306b\u7e70\u308a\u8fd4\u3055\u308c\u308b\u56fa\u5b9a\u8cbb\u3068\u306f\u5bfe\u7167\u7684\u306b\u3001\u3088\u308a\u5909\u52d5\u7684\u306a\u3082\u306e\u3060\u3068\u60f3\u50cf\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u306f\u59a5\u5f53\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u30b1\u30d3\u30f3\u3001\u5c11\u3057\u9055\u3046\u65b9\u6cd5\u3067\u304a\u7b54\u3048\u3057\u307e\u3059\u3002\u305d\u308c\u306f\u3001\u79c1\u305f\u3061\u304c\u4e00\u5ea6\u3060\u3051\u884c\u3063\u305f\u5909\u52d5\u7684\u306a\u4e8b\u67c4\u304c\u6df7\u5728\u3057\u3066\u3044\u305f\u306e\u3067\u3059\u3002\u3042\u308b\u5206\u91ce\u306e\u8cc3\u91d1\u3092\u4e0a\u3052\u308b\u305f\u3081\u306b\u69cb\u9020\u7684\u306b\u884c\u3063\u305f\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3057\u3001\u9577\u671f\u7684\u306a\u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u3068\u3057\u3066\u884c\u3063\u305f\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u305d\u306e\u3046\u3061\u306e\u3072\u3068\u3064\u306f\u3001\u5f93\u696d\u54e1\u306b\u95a2\u3059\u308b\u3082\u306e\u3067\u3001\u3088\u308a\u4e00\u6642\u7684\u306a\u3082\u306e\u3067\u3057\u305f\u3002\u6b8b\u308a\u306e2\u3064\u306f\u69cb\u9020\u7684\u306a\u3082\u306e\u3067\u3001\u3088\u308a\u9577\u671f\u7684\u306a\u3082\u306e\u3067\u3059\u3002\u7b2c4\u56db\u534a\u671f\u306b\u306f\u3001\u8cc3\u91d1\u3068\u306f\u95a2\u4fc2\u306a\u3044\u5909\u52d5\u8cbb\u7684\u306a\u3082\u306e\u3082\u3044\u304f\u3064\u304b\u3042\u308a\u307e\u3057\u305f\u3002\u3064\u307e\u308a\u3001\u4e21\u65b9\u306e\u8981\u7d20\u304c\u6df7\u5728\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u30d1\u30fc\u30bb\u30f3\u30c6\u30fc\u30b8\u3067\u3069\u3061\u3089\u304b\u4e00\u65b9\u306b\u7d5e\u308b\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u3002\u3057\u304b\u3057\u3001\u6700\u7d42\u7684\u306b\u306f3\u3064\u306e\u30d0\u30b1\u30c4\u304c\u8cbb\u7528\u30d9\u30fc\u30b9\u306e\u4e00\u90e8\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>Efrain\u304c\u8a00\u3063\u305f\u3088\u3046\u306b\u3001\u3053\u308c\u3089\u306f\u3059\u3079\u3066\u5229\u76ca\u7387\u3092\u4e0a\u3052\u308b\u305f\u3081\u306e\u3082\u306e\u3067\u3059\u3002\u69cb\u9020\u7684\u306a\u3082\u306e\u3001\u7d99\u7d9a\u7684\u306a\u8cc3\u91d1\u3084\u8cde\u4e0e\u306e\u652f\u51fa\u3082\u3042\u308a\u307e\u3059\u304c\u3001\u3053\u308c\u3089\u306f\u3059\u3079\u3066\u3001\u6765\u5e74\u306e\u55b6\u696d\u5229\u76ca\u7387\u309240\uff05\u4ee5\u4e0a\u306b\u5f15\u304d\u4e0a\u3052\u308b\u305f\u3081\u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u306e\u4e2d\u306b\u542b\u307e\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3001\u305d\u308c\u306f\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>Kevin McVeigh &#8212; Credit Suisse &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7686\u3055\u3093\u3001\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3001\u30b1\u30d3\u30f3\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u30b3\u30fc\u30a6\u30a7\u30f3\u306e\u30d6\u30e9\u30a4\u30a2\u30f3\u30fb\u30d0\u30fc\u30ae\u30f3\u306b\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>\u30d6\u30e9\u30a4\u30a2\u30f3\u30fb\u30d0\u30fc\u30ae\u30f3 &#8212; \u30b3\u30fc\u30a6\u30a7\u30f3\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3069\u3046\u3082\u3001\u7686\u3055\u3093\u3002\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u30024Q\u306e\u30b3\u30e1\u30f3\u30c8\u306f\u304a\u304a\u3080\u306d\u826f\u597d\u3067\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u4e3b\u8981\u306a\u8cb8\u51fa\u5148\u6307\u6a19\u306b\u3064\u3044\u3066\u3001\u307e\u305f\u3053\u3053\u6570\u9031\u9593\u3067\u306e\u3053\u308c\u3089\u306e\u6307\u6a19\u304b\u3089\u308f\u304b\u308b\u3053\u3068\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u5177\u4f53\u7684\u306b\u6398\u308a\u4e0b\u3052\u3066\u3044\u305f\u3060\u3051\u308c\u3070\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u3053\u3067\u3001\u5177\u4f53\u7684\u306b\u4f55\u3092\u6e2c\u5b9a\u3057\u3066\u3044\u308b\u306e\u304b\u3001\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u30d6\u30e9\u30a4\u30a2\u30f3\u3001\u79c1\u305f\u3061\u304c\u884c\u3063\u305f\u306e\u306f\u3001COVID\u306e\u6642\u306b\u898b\u3066\u3044\u305f\u30d5\u30a9\u30ef\u30fc\u30c9\u30fb\u30a4\u30f3\u30b8\u30b1\u30fc\u30bf\u3092\u307b\u3058\u304f\u308a\u8fd4\u3059\u3053\u3068\u3067\u3057\u305f\u3002\u5408\u677f\u306e\u8cfc\u5165\u3084\u3001\u6bce\u65e5\u306e\u30d1\u30f3\u30c1\u306a\u3069\u3067\u3059\u3002\u3064\u307e\u308a\u3001\u53d6\u5f15\u5148\u306e\u5f93\u696d\u54e1\u306b\u3088\u308b\u65e5\u3005\u306e\u52b4\u50cd\u6642\u9593\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306a\u60c5\u5831\u306b\u30a2\u30af\u30bb\u30b9\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u306e\u306f\u660e\u3089\u304b\u3067\u3059\u3002\u65e5\u6b21\u3001\u9031\u6b21\u3001\u6708\u6b21\u3067\u305d\u306e\u60c5\u5831\u3092\u898b\u3066\u3001\u3069\u306e\u3088\u3046\u306a\u30c8\u30ec\u30f3\u30c9\u304c\u3042\u308b\u306e\u304b\u3092\u7406\u89e3\u3057\u3066\u3044\u307e\u3059\u3002\u58f2\u4e0a\u9ad8\u3068\u640d\u5931\u306f\u660e\u3089\u304b\u3067\u3059\u3002\u3055\u3089\u306b\u3001\u30b7\u30b9\u30c6\u30e0\u3084\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u3068\u306e\u95a2\u308f\u308a\u65b9\u306a\u3069\u3001\u30df\u30af\u30ed\u306e\u6307\u6a19\u3082\u898b\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3055\u3089\u306b\u3001\u30de\u30fc\u30c6\u30a3\u304c\u8a00\u3063\u305f\u3088\u3046\u306b\u3001IHS\u306e\u96c7\u7528\u6307\u6570\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u300135\u4e07\u4eba\u306e\u9867\u5ba2\u6570\u3067\u4f55\u304c\u8d77\u304d\u3066\u3044\u308b\u306e\u304b\u3092\u628a\u63e1\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u3053\u308c\u3089\u3092\u3059\u3079\u3066\u30df\u30ad\u30b5\u30fc\u306b\u304b\u3051\u308b\u3068\u3001\u4eca\u5e74\u524d\u534a\u306e\u30c8\u30ec\u30f3\u30c9\u3068\u5927\u304d\u306a\u9055\u3044\u306f\u306a\u3044\u3088\u3046\u306b\u898b\u3048\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u7686\u3055\u3093\u306f\u3055\u307e\u3056\u307e\u306a\u60c5\u5831\u3092\u898b\u3066\u3044\u307e\u3059\u3002\u79c1\u304c\u8a00\u3048\u308b\u306e\u306f\u3001HCM\u306e\u4e16\u754c\u306e\u7247\u9685\u3001\u305d\u3057\u3066\u7d4c\u6e08\u306e\u7247\u9685\u3067\u306f\u3001\u7269\u4e8b\u306f\u307b\u307c\u540c\u3058\u3088\u3046\u306b\u898b\u3048\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u305d\u3057\u3066\u73fe\u6642\u70b9\u3067\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u3082\u6025\u6fc0\u306a\u4e0a\u6607\u3092\u59cb\u3081\u305f\u91d1\u5229\u3082\u3001\u4e8b\u614b\u3092\u6e1b\u901f\u3055\u305b\u3066\u3044\u308b\u3088\u3046\u306b\u306f\u898b\u3048\u307e\u305b\u3093\u3002\u3068\u306f\u3044\u3048\u3001\u7686\u3055\u3093\u3054\u5b58\u77e5\u306e\u3088\u3046\u306b\u3001\u4e8b\u614b\u304c\u5909\u5316\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3053\u3068\u3092\u5ff5\u982d\u306b\u304a\u3044\u3066\u3001\u79c1\u306f\u548c\u3089\u3052\u308b\u3053\u3068\u306b\u3057\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u4eca\u306e\u3068\u3053\u308d\u3001\u305d\u308c\u306f\u898b\u3089\u308c\u307e\u305b\u3093\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; 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Bergin &#8212; \u30b3\u30fc\u30a6\u30a7\u30f3\u30a2\u30f3\u30c9\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u6b21\u306b\u300123\u5e74\u5ea6\u306e\u696d\u7e3e\u4e88\u60f3\u306b\u3064\u3044\u3066\u3067\u3059\u304c\u3001\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u30fb\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u306e\u4e2d\u3067\u3001\u7d66\u4e0e\u8a08\u7b97\u3084\u8a66\u9a13\u306e\u5206\u91ce\u306b\u5bfe\u3057\u3066\u3001ASO\u30ea\u30bf\u30a4\u30a2\u30e1\u30f3\u30c8\u3084\u305d\u306e\u4ed6\u306e\u5206\u91ce\u304c2\u6841\u6210\u9577\u3059\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3059\u304b\u3002\u3053\u306e\u30bb\u30b0\u30e1\u30f3\u30c8\u306e\u57fa\u672c\u7684\u306a\u30d3\u30b8\u30cd\u30b9\u30a8\u30ea\u30a2\u3068\u300123\u5e74\u306e\u6210\u9577\u306b\u3064\u3044\u3066\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>Efrain Rivera &#8212; 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&#8212; 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Bergin &#8212; Cowen and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u306f\u3044\u3002\u3069\u3046\u3044\u305f\u3057\u307e\u3057\u3066\u3002<\/p>\n<p>\u904b\u55b6\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u30d0\u30fc\u30af\u30ec\u30a4\u30ba\u306e\u30e9\u30e0\u30bc\u30a4\u30fb\u30a8\u30eb\uff1d\u30a2\u30c3\u30b5\u30eb\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u30e9\u30e0\u30bc\u30a4\u30fb\u30a8\u30eb\uff1d\u30a2\u30c3\u30b5\u30eb &#8212; \u30d0\u30fc\u30af\u30ec\u30a4\u30ba &#8212; 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\u793e\u9577\u517cCOO\uff08\u6700\u9ad8\u57f7\u884c\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u305d\u3046\u3067\u3059\u306d\u3002\u305d\u3046\u3067\u3059\u306d\u3002\u3054\u60f3\u50cf\u306e\u901a\u308a\u3001\u79c1\u305f\u3061\u306f\u30c7\u30b8\u30bf\u30eb\u3092\u4f7f\u3044\u7d9a\u3051\u3001\u7279\u306b\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u306b\u304a\u3044\u3066\u30c7\u30b8\u30bf\u30eb\u58f2\u4e0a\u304c\u5897\u3048\u7d9a\u3051\u3066\u3044\u308b\u306e\u3092\u76ee\u306e\u5f53\u305f\u308a\u306b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u78ba\u304b\u306b\u3001surepayroll.com\u3068paychex.com\u306e\u4e21\u65b9\u306b\u3064\u3044\u3066\u3001\u79c1\u305f\u3061\u306f\u826f\u3044\u63a5\u7d9a\u7387\u3068\u826f\u3044\u727d\u5f15\u529b\u3092\u6301\u3063\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u3059\u3079\u3066\u306e\u8ca9\u58f2\u30c1\u30e3\u30cd\u30eb\u3067\u3001\u975e\u5e38\u306b\u5f37\u3044\u9700\u8981\u7279\u6027\u304c\u898b\u3089\u308c\u307e\u3059\u3002\u307e\u305f\u3001\u30cf\u30a4\u30d6\u30ea\u30c3\u30c9\u30fb\u30b7\u30e7\u30c3\u30d4\u30f3\u30b0\u3092\u884c\u3046\u304a\u5ba2\u69d8\u3082\u5897\u3048\u3066\u3044\u307e\u3059\u3002Paychex.com\u304b\u3089\u59cb\u3081\u3066\u3001\u6700\u7d42\u7684\u306b\u306fERTC\u3084\u305d\u306e\u4ed6\u306e\u88fd\u54c1\u30fb\u30b5\u30fc\u30d3\u30b9\u3067\u3069\u306e\u3088\u3046\u306b\u652f\u63f4\u3067\u304d\u308b\u304b\u3068\u3044\u3046\u8a71\u306b\u306a\u308b\u308f\u3051\u3067\u3059\u3002<\/p>\n<p>\u3067\u3059\u304b\u3089\u3001\u8ca9\u58f2\u30c1\u30fc\u30e0\u306f\u3001\u5927\u6d41\u884c\u304c\u8d77\u304d\u305f\u3068\u304d\u306b\u3001\u4eba\u3005\u304c\u3069\u306e\u3088\u3046\u306b\u8cfc\u5165\u3059\u308b\u304b\u3068\u3044\u3046\u65b0\u3057\u3044\u73fe\u5b9f\u306b\u9069\u5fdc\u3059\u308b\u305f\u3081\u306b\u3001\u975e\u5e38\u306b\u3046\u307e\u304f\u30d4\u30dc\u30c3\u30c8\u3057\u3066\u304d\u305f\u3068\u601d\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u3053\u306e\u6d3b\u52d5\u3092\u901a\u3057\u3066\u672c\u5f53\u306b\u5411\u4e0a\u3057\u305f\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>Ramsey El-Assal &#8212; \u30d0\u30fc\u30af\u30ec\u30a4\u30ba &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u307e\u305f\u3001\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u5f8c\u306e\u7af6\u4e89\u74b0\u5883\u306b\u3064\u3044\u3066\u30b3\u30e1\u30f3\u30c8\u3044\u305f\u3060\u3051\u307e\u3059\u304b\u3002\u5e02\u5834\u3067\u306e\u7af6\u5408\u4ed6\u793e\u304c\u6e1b\u3063\u3066\u3044\u308b\u306e\u304b\u3001\u305d\u308c\u3068\u3082\u5897\u3048\u3066\u3044\u308b\u306e\u304b\u3001\u4f55\u304b\u5909\u5316\u3092\u611f\u3058\u3066\u3044\u307e\u3059\u304b\uff1f\u307e\u305f\u3001\u7af6\u4e89\u74b0\u5883\u306f\u3069\u306e\u3088\u3046\u306b\u5909\u5316\u3057\u3066\u3044\u308b\u3068\u304a\u8003\u3048\u3067\u3059\u304b\uff1f<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; 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El-Assal &#8212; \u30d0\u30fc\u30af\u30ec\u30a4\u30ba &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3067\u3059\u3002\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30a8\u30d5\u30e9\u30a4\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3001\u30e9\u30e0\u30bc\u30a4\u3002<\/p>\n<p>\u904b\u55b6\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u6b21\u306e\u8cea\u554f\u306f\u30d0\u30f3\u30af\u30fb\u30aa\u30d6\u30fb\u30a2\u30e1\u30ea\u30ab\u306e\u30b8\u30a7\u30a4\u30bd\u30f3\u30fb\u30af\u30c3\u30d5\u30a1\u30fc\u30d0\u30fc\u30b0\u304b\u3089\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>\u30b8\u30a7\u30a4\u30bd\u30f3\u30fb\u30af\u30c3\u30d5\u30a1\u30fc\u30d0\u30fc\u30b0 &#8212; \u30d0\u30f3\u30af\u30aa\u30d6\u30a2\u30e1\u30ea\u30ab\u30fb\u30e1\u30ea\u30eb\u30ea\u30f3\u30c1 &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u307e\u305a\u3001\u4eba\u4e8b\u7ba1\u7406\u306b\u3064\u3044\u3066\u304a\u805e\u304b\u305b\u304f\u3060\u3055\u3044\u3002\u3053\u306e\u3088\u3046\u306a\u52d5\u304d\u3092\u3082\u305f\u3089\u3057\u3066\u3044\u308b\u7279\u5b9a\u306e\u88fd\u54c1\u306b\u3064\u3044\u3066\u3001\u5b9a\u91cf\u7684\u306b\u8aac\u660e\u3059\u308b\u3053\u3068\u306f\u53ef\u80fd\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u306f\u3044\u3001\u30b8\u30a7\u30a4\u30bd\u30f3\u3067\u3059\u3002\u3053\u3093\u306b\u3061\u306f\u300210-K\u3067\u9867\u5ba2\u6570\u3092\u66f4\u65b0\u3057\u307e\u3059\u3002<\/p>\n<p>\u9867\u5ba2\u6570\u304c4\u4e07\u304b\u30895\u4e07\u306b\u8fd1\u3065\u3044\u3066\u3044\u308b\u3053\u3068\u304c\u304a\u308f\u304b\u308a\u3044\u305f\u3060\u3051\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u9867\u5ba2\u6570\u306f2\u6841\u306e\u4f38\u3073\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u6b63\u78ba\u306a\u6570\u5b57\u306f\u3001\u6570\u9031\u9593\u5f8c\u306b\u63d0\u51fa\u3059\u308b10-K\u3067\u3054\u89a7\u3044\u305f\u3060\u304f\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u30b8\u30e7\u30f3\u304c\u8a00\u3063\u3066\u3044\u305f\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306e\u88fd\u54c1\u3068\u4eba\u4e8b\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\u3092\u5408\u308f\u305b\u308b\u3068\u3001\u4eba\u4e8b\u5206\u91ce\u3067200\u4e07\u4eba\u3092\u8d85\u3048\u308b\u5f93\u696d\u54e1\u304c\u50cd\u3044\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002\u307e\u305f\u3001\u52e4\u6020\u7ba1\u7406\u306a\u3069\u306b\u3082\u529b\u3092\u5165\u308c\u3066\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306f\u3001\u52e4\u6020\u7ba1\u7406\u306b\u3064\u3044\u3066\u306f\u3042\u307e\u308a\u8a71\u984c\u306b\u3057\u307e\u305b\u3093\u304c\u3001\u6700\u65b0\u306e\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3092\u5c0e\u5165\u3057\u3066\u3044\u307e\u3059\u3002\u6700\u65b0\u306e\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3067\u3042\u308b\u8679\u5f69\u8a8d\u8a3c\u6642\u8a08\u3092\u5c0e\u5165\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u3053\u308c\u306f\u30de\u30b9\u30af\u3092\u3057\u3066\u3044\u3066\u3082\u3057\u3066\u3044\u306a\u304f\u3066\u3082\u4f7f\u3048\u308b\u6642\u8a08\u3067\u3001\u30bf\u30c3\u30c1\u5f0f\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u30ad\u30aa\u30b9\u30af\u7aef\u672b\u3067\u3001\u8679\u5f69\u3084\u76ee\u3092\u4f7f\u3063\u3066\u30b9\u30ad\u30e3\u30f3\u3057\u307e\u3059\u3002\u3053\u308c\u3068\u30e2\u30d0\u30a4\u30eb\u306e\u30d1\u30f3\u30c1\u30a4\u30f3\u3001\u30d1\u30f3\u30c1\u30a2\u30a6\u30c8\u306e\u7d44\u307f\u5408\u308f\u305b\u3067\u3001\u52e4\u6020\u7ba1\u7406\u306f\u975e\u5e38\u306b\u3046\u307e\u304f\u3044\u304d\u307e\u3057\u305f\u3002\u52e4\u6020\u7ba1\u7406\u3068Flex\u304c\u3042\u308c\u3070\u3001\u30d7\u30ea\u30c1\u30a7\u30c3\u30af\u3092\u5229\u7528\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u30d7\u30ea\u30c1\u30a7\u30c3\u30af\u306f\u3001\u5148\u307b\u3069\u7533\u3057\u4e0a\u3052\u305f\u3088\u3046\u306b\u3001\u5f93\u696d\u54e1\u306b\u30e1\u30e2\u3092\u9001\u308a\u3001\u300c\u3053\u308c\u3060\u3051\u306e\u52b4\u50cd\u6642\u9593\u3092\u8a18\u9332\u3057\u3066\u3082\u3089\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u3053\u308c\u306f\u3042\u306a\u305f\u306e\u30c1\u30a7\u30c3\u30af\u3067\u3059\u304c\u3001\u4f55\u304b\u554f\u984c\u304c\u3042\u308a\u307e\u3059\u304b\uff1f\u554f\u984c\u304c\u306a\u3051\u308c\u3070\u3001\u78ba\u8a8d\u3057\u305f\u3053\u3068\u3092\u304a\u77e5\u3089\u305b\u304f\u3060\u3055\u3044\u3002\u554f\u984c\u304c\u3042\u308b\u5834\u5408\u306f\u3001\u96c7\u7528\u4e3b\u306b\u77e5\u3089\u305b\u3066\u304f\u3060\u3055\u3044\u3002\u79c1\u305f\u3061\u306f5\uff05\u306e\u78ba\u7387\u3067\u3001\u96c7\u7528\u4e3b\u304c\u4f55\u304b\u554f\u984c\u3092\u767a\u898b\u3057\u3066\u3044\u308b\u306e\u3092\u898b\u3066\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u7d66\u4e0e\u8a08\u7b97\u304c\u59cb\u307e\u308b\u524d\u306b\u554f\u984c\u3092\u89e3\u6c7a\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u3053\u308c\u306f\u5927\u304d\u306a\u30e1\u30ea\u30c3\u30c8\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u30af\u30e9\u30a4\u30a2\u30f3\u30c8\u306e\u5f93\u696d\u54e1\u306b\u3088\u308b\u5229\u7528\u304c\u5897\u52a0\u3057\u3066\u3044\u307e\u3059\u3002\u52e4\u6020\u7ba1\u7406\u3001\u30d7\u30ea\u30c1\u30a7\u30c3\u30af\u3001\u9000\u8077\u91d1\u306a\u3069\u3001\u3053\u3046\u3057\u305f\u3053\u3068\u304c\u5b9a\u7740\u7387\u3092\u9ad8\u3081\u3001\u611b\u7740\u304c\u5897\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>Jason Kupferberg &#8212; Bank of America Merrill Lynch &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u3046\u3067\u3059\u304b\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6d6e\u52d5\u5c0f\u6570\u70b9\u53ce\u76ca\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u8a73\u3057\u304f\u304a\u805e\u304d\u3057\u305f\u3044\u306e\u3067\u3059\u304c\u3002\u524d\u5e74\u6bd4\u3067\u7d043,000\u4e07\u30c9\u30eb\u306e\u5897\u52a0\u306e\u898b\u8fbc\u307f\u306e\u3088\u3046\u3067\u3059\u306d\u3002<\/p>\n<p>\u3053\u306e\u30d5\u30ed\u30fc\u30b9\u30eb\u30fc\u304c100%\u3067\u3042\u308b\u3068\u4eee\u5b9a\u3059\u308b\u3068\u3001\u8a08\u7b97\u304c\u6b63\u3057\u3051\u308c\u307060\u30d9\u30fc\u30b7\u30b9\u30dd\u30a4\u30f3\u30c8\u306e\u30de\u30fc\u30b8\u30f3\u62e1\u5927\u304c\u898b\u8fbc\u307e\u308c\u3001\u57fa\u672c\u7684\u306b\u306f23\u5e74\u5ea6\u306e\u30de\u30fc\u30b8\u30f3\u30ac\u30a4\u30c9\u306e\u4e2d\u9593\u5024\u3001\u3042\u308b\u3044\u306f\u307b\u307c\u4e2d\u9593\u5024\u306b\u5230\u9054\u3059\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002\u3053\u306e\u3088\u3046\u306a\u4e00\u822c\u7684\u306a\u8a55\u4fa1\u306b\u540c\u610f\u3057\u3066\u3044\u305f\u3060\u3051\u308b\u304b\u3069\u3046\u304b\u3001\u78ba\u8a8d\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30c7\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u3064\u3044\u3066\u3001\u91d1\u5229\u4e0a\u6607\u306e\u5927\u304d\u3055\u3068\u8ecc\u8de1\u3092\u8003\u3048\u308b\u3068\u3001\u304a\u305d\u3089\u304f\u6765\u5e74\u5ea6\u306e\u30d5\u30ed\u30fc\u30c8\u30fb\u30a4\u30f3\u30ab\u30e0\u306f\u3055\u3089\u306b\u5927\u304d\u304f\u5897\u52a0\u3059\u308b\u3068\u8003\u3048\u3066\u3044\u305f\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u601d\u3046\u306e\u3067\u3059\u304c\u3001\u305d\u306e\u70b9\u306b\u3064\u3044\u3066\u5c11\u3057\u304a\u805e\u304b\u305b\u3044\u305f\u3060\u3051\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08Efrain Rivera\uff09\uff1a\u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u3048\u3048\u3001\u8208\u5473\u6df1\u3044\u8a08\u7b97\u3067\u3059\u306d\u3002\u305d\u306e\u8a08\u7b97\u306b\u306f\u304a\u305d\u3089\u304f\u7570\u8ad6\u306f\u306a\u3044\u3068\u601d\u3044\u307e\u3059\u3001\u30b8\u30a7\u30a4\u30bd\u30f3\u3002\u305f\u3060\u3001\u3053\u306e\u3088\u3046\u306a\u65b9\u6cd5\u3067\u4e8b\u696d\u3092\u898b\u308b\u3053\u3068\u306b\u95a2\u3057\u3066\u552f\u4e00\u7533\u3057\u4e0a\u3052\u305f\u3044\u306e\u306f\u3001\u8a08\u753b\u3092\u7d44\u307f\u7acb\u3066\u308b\u969b\u306b\u3001\u3055\u307e\u3056\u307e\u306a\u6295\u8cc7\u306b\u3064\u3044\u3066\u9078\u629e\u3092\u884c\u3046\u3053\u3068\u306b\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u305d\u306e\u904e\u7a0b\u3067\u6295\u8cc7\u306e\u9078\u629e\u304c\u306a\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u3042\u306a\u305f\u306e\u8a08\u7b97\u304c\u5927\u304d\u304f\u5916\u308c\u308b\u3053\u3068\u306f\u306a\u3044\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u3060\u304b\u3089\u3068\u3044\u3063\u3066\u4e8b\u696d\u306b\u30ec\u30d0\u30ec\u30c3\u30b8\u304c\u306a\u3044\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u305f\u3060\u3001\u305d\u306e\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u5225\u306e\u90e8\u5206\u306b\u632f\u308a\u5411\u3051\u308c\u3070\u3001\u3088\u308a\u5927\u304d\u306a\u52b9\u679c\u304c\u671f\u5f85\u3067\u304d\u305f\u306f\u305a\u3067\u3059\u3002\u305d\u306e\u3046\u3061\u306e\u3044\u304f\u3064\u304b\u306f\u3001\u4ee5\u524d\u8aac\u660e\u3057\u305f\u8cc3\u91d1\u3084\u305d\u306e\u4ed6\u306e\u9805\u76ee\u306b\u95a2\u3057\u3066\u884c\u3063\u305f\u9078\u629e\u3067\u3059\u3002<\/p>\n<p>\u3082\u3046\u3072\u3068\u3064\u306f\u3001\u79c1\u305f\u3061\u304c\u884c\u3046\u3059\u3079\u3066\u306e\u3053\u3068\u3001\u7279\u306b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u898b\u65b9\u306b\u3064\u3044\u3066\u3067\u3059\u304c\u3001\u79c1\u305f\u3061\u306e\u8003\u3048\u65b9\u306b\u306f\u4fdd\u5b88\u7684\u306a\u8981\u7d20\u304c\u542b\u307e\u308c\u3066\u3044\u307e\u3059\u3002\u4eca\u5e74\u306f\u3001FRB\u304c\u3042\u308b\u3053\u3068\u3092\u8a00\u3063\u305f\u3068\u3044\u3046\u610f\u5473\u3067\u3001\u7570\u4f8b\u306e\u5e74\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001FRB\u304c\u793a\u3057\u305f\u898b\u901a\u3057\u3092\u3001\u898b\u901a\u3057\u304c\u5909\u308f\u3063\u305f\u5834\u5408\u306b\u3069\u306e\u7a0b\u5ea6\u307e\u3067\u53cd\u6620\u3055\u305b\u308b\u304b\u3001\u307e\u305f\u5225\u306e\u8b70\u8ad6\u3092\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u306f\u305d\u306e\u6642\u306b\u306a\u3063\u3066\u307f\u306a\u3044\u3068\u308f\u304b\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u79c1\u305f\u3061\u306b\u306f\u3001\u3082\u3063\u3068\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u52b9\u304b\u305b\u308b\u65b9\u6cd5\u304c\u3042\u308b\u306e\u3067\u3059\u3002\u305d\u3057\u3066\u6700\u5f8c\u306e\u30dd\u30a4\u30f3\u30c8\u306f\u3001\u73fe\u5728\u30c7\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u304c3\u5f37\u3067\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306f\u77ed\u671f\u3068\u9577\u671f\u304c\u307b\u307c\u534a\u5206\u305a\u3064\u306e\u4f4d\u7f6e\u3065\u3051\u306b\u306a\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u3082\u3057\u30c7\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u3092\u8abf\u6574\u3057\u305f\u3044\u306e\u3067\u3042\u308c\u3070\u3001\u591a\u304f\u306e\u30ec\u30d0\u30fc\u3092\u5f15\u304f\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u3042\u306a\u305f\u306e\u8a08\u7b97\u306b\u306f\u7570\u8ad6\u3092\u631f\u3080\u3064\u3082\u308a\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u305f\u3060\u3001\u4e8b\u696d\u306b\u304a\u3051\u308b\u57fa\u672c\u7684\u306a\u30ec\u30d0\u30ec\u30c3\u30b8\u306b\u3064\u3044\u3066\u3001\u3042\u306a\u305f\u306e\u7d50\u8ad6\u306b\u5c11\u3057\u7570\u8b70\u3092\u5531\u3048\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>Jason Kupferberg &#8212; Bank of America Merrill Lynch &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u8272\u5408\u3044\u3067\u3059\u306d\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3042\u308a\u304c\u3068\u3046\u3001\u30a8\u30d5\u30ec\u30a4\u30f3\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08Efrain Rivera\uff09 &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u3082\u3061\u308d\u3093\u3067\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u3001\u30c9\u30a4\u30c4\u9280\u884c\u306eBryan Keane\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>Bryan Keane &#8212; Deutsche Bank &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3053\u3093\u306b\u3061\u306f\u3001\u7686\u3055\u3093\u3002\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30a8\u30d5\u30ec\u30a4\u30f3\u3055\u3093\u300123\u5e74\u5ea6\u306e\u66ab\u5b9a\u30ac\u30a4\u30c0\u30f3\u30b9\u306e\u6bd4\u8f03\u306f\u3044\u304b\u304c\u3067\u3057\u3087\u3046\u304b\u3002\u524d\u56db\u534a\u671f\u306f\u30011\u6841\u53f0\u306e\u9ad8\u3044\u58f2\u4e0a\u6210\u9577\u7387\u300150\u30d9\u30fc\u30b7\u30b9\u30dd\u30a4\u30f3\u30c8\u306e\u30de\u30fc\u30b8\u30f3\u62e1\u5927\u3001\u305d\u3057\u3066\u8a73\u7d30\u306a\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u63d0\u793a\u3055\u308c\u305f\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u30de\u30af\u30ed\u7684\u306a\u8981\u56e0\u3084\u305d\u306e\u4ed6\u306e\u8981\u56e0\u3067\u3001\u4f55\u304b\u8abf\u6574\u304c\u3042\u3063\u305f\u306e\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; 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Keane &#8212; Deutsche Bank &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u305d\u308c\u304b\u3089\u3001\u9ad8\u3044\u30ec\u30d9\u30eb\u3067\u3001\u7d4c\u6e08\u306e\u6e1b\u901f\u3084\u30ea\u30bb\u30c3\u30b7\u30e7\u30f3\u3078\u306e\u52d5\u304d\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u666f\u6c17\u5f8c\u9000\u306e\u74b0\u5883\u4e0b\u3067\u3001\u3053\u306e\u30e2\u30c7\u30eb\u306f\u9ad8\u3044\u30ec\u30d9\u30eb\u3067\u3069\u306e\u3088\u3046\u306b\u6301\u3061\u3053\u305f\u3048\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u307e\u305f\u3001\u7c73\u56fd\u3084\u4e16\u754c\u3067\u666f\u6c17\u5f8c\u9000\u304c\u8d77\u3053\u3063\u305f\u5834\u5408\u3001\u30e2\u30c7\u30eb\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u53ef\u80fd\u6027\u306e\u3042\u308b\u5909\u6570\u306b\u306f\u3069\u306e\u3088\u3046\u306a\u3082\u306e\u304c\u3042\u308b\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p>\u307e\u305f\u3001\u7c73\u56fd\u3084\u4e16\u754c\u7684\u306b\u666f\u6c17\u5f8c\u9000\u304c\u8d77\u3053\u3063\u305f\u5834\u5408\u3001\u30e2\u30c7\u30eb\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u53ef\u80fd\u6027\u306e\u3042\u308b\u5909\u6570\u306f\u4f55\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u306e\u30b3\u30e1\u30f3\u30c8\u306b\u3082\u3042\u308a\u307e\u3057\u305f\u304c\u3001\u30af\u30e9\u30a4\u30a2\u30f3\u30c8\u306e\u51e6\u7406\u80fd\u529b\u304c\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3053\u3068\u306f\u660e\u3089\u304b\u3067\u3059\u3002\u3053\u308c\u306f\u3001\u9700\u8981\u306e\u6e1b\u901f\u304c\u898b\u3089\u308c\u308b\u524d\u304b\u3089\u898b\u3089\u308c\u308b\u6700\u521d\u306e\u90e8\u5206\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u30d1\u30f3\u30c7\u30df\u30c3\u30af\uff08\u4e16\u754c\u7684\u5927\u6d41\u884c\uff09\u306e\u969b\u306b\u306f\u3001\u3053\u306e\u3088\u3046\u306a\u74b0\u5883\u4e0b\u3067\u3082\u51e6\u7406\u80fd\u529b\u304c\u56de\u5fa9\u3059\u308b\u3053\u3068\u304c\u3042\u308b\u3068\u3044\u3046\u8208\u5473\u6df1\u3044\u7d50\u679c\u304c\u5f97\u3089\u308c\u307e\u3057\u305f\u3002<\/p>\n<p>\u305d\u306e\u7d50\u679c\u3001\u3069\u3046\u306a\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3002\u305d\u306e\u70b9\u306b\u3064\u3044\u3066\u306f\u3001\u79c1\u306b\u306f\u308f\u304b\u308a\u307e\u305b\u3093\u3002\u53ce\u76ca\u9762\u306e\u4f4e\u8ff7\u3092\u3042\u308b\u7a0b\u5ea6\u76f8\u6bba\u3059\u308b\u306e\u306b\u5f79\u7acb\u3064\u3068\u601d\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u91d1\u5229\u306e\u52d5\u5411\u306b\u3082\u4f9d\u5b58\u3057\u307e\u3059\u3002\u91d1\u5229\u304c\u73fe\u5728\u306e\u6c34\u6e96\u306b\u3068\u3069\u307e\u308b\u304b\u3001\u3042\u308b\u3044\u306f\u666f\u6c17\u5f8c\u9000\u306e\u305f\u3081\u306bFRB\u304c\u91d1\u5229\u3092\u5f15\u304d\u4e0b\u3052\u308b\u3068\u6c7a\u5b9a\u3057\u305f\u5834\u5408\u3002<\/p>\n<p>\u305d\u3046\u306a\u308c\u3070\u3001\u53ce\u76ca\u9762\u3067\u3082\u3059\u3050\u306b\u5f71\u97ff\u304c\u51fa\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u304c\u7de9\u3084\u304b\u306a\u3082\u306e\u3067\u3042\u308c\u3070\u3001\u79c1\u305f\u3061\u306f\u305d\u308c\u3092\u4e57\u308a\u8d8a\u3048\u3066\u3044\u304f\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u53ce\u76ca\u9762\u3067\u3082\u306a\u3093\u3068\u304b\u4e57\u308a\u5207\u308c\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u306e\u6e96\u5099\u306f\u3067\u304d\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3082\u3057\u7a81\u7136\u306e\u3053\u3068\u3067\u3042\u308c\u3070\u3001\u305d\u306e\u3088\u3046\u306a\u72b6\u6cc1\u3092\u5207\u308a\u629c\u3051\u308b\u306e\u306f\u672c\u5f53\u306b\u5927\u5909\u306a\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>Bryan Keane &#8212; Deutsche Bank &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u3068\u3066\u3082\u53c2\u8003\u306b\u306a\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3001Bryan\u3002<\/p>\n<p>\u904b\u55b6\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u3001\u30a6\u30a3\u30ea\u30a2\u30e0\u30fb\u30d6\u30ec\u30a2\u306e\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30cb\u30b3\u30e9\u30b9\u304b\u3089\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>Andrew Nicholas &#8212; William Blair and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3053\u3093\u306b\u3061\u306f\u3001\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u79c1\u306e\u8cea\u554f\u306b\u7b54\u3048\u3066\u304f\u308c\u3066\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30a8\u30d5\u30ec\u30a4\u30f3\u3055\u3093\u304c\u6700\u5f8c\u306b\u304a\u3063\u3057\u3083\u3063\u305f\u3053\u3068\u306b\u3064\u3044\u3066\u30d5\u30a9\u30ed\u30fc\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3088\u308a\u53b3\u3057\u3044\u7d4c\u6e08\u74b0\u5883\u4e0b\u3067\u306e\u7d4c\u8cbb\u30d9\u30fc\u30b9\u306e\u67d4\u8edf\u6027\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u6642\u9593\u3092\u304b\u3051\u3066\u8aac\u660e\u3057\u3066\u304f\u3060\u3055\u3044\u3002\u904e\u53bb1\u30012\u5e74\u306e\u3088\u3046\u306b\u30de\u30fc\u30b8\u30f3\u304c\u975e\u5e38\u306b\u9ad8\u3044\u6c34\u6e96\u306b\u3042\u308b\u74b0\u5883\u3068\u6bd4\u8f03\u3057\u3066\u3001\u30dc\u30c8\u30e0\u30e9\u30a4\u30f3\u3092\u7ba1\u7406\u3059\u308b\u4e0a\u3067\u3082\u3046\u5c11\u3057\u4f59\u88d5\u306e\u3042\u308b\u5206\u91ce\u306f\u3069\u3053\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Efrain Rivera &#8212; 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&#8212; 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Nicholas &#8212; William Blair and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u306a\u308b\u307b\u3069\u3002\u3068\u3066\u3082\u53c2\u8003\u306b\u306a\u308a\u307e\u3057\u305f\u3002\u305d\u308c\u304b\u3089\u7b2c4\u56db\u534a\u671f\u306b\u3064\u3044\u3066\u3067\u3059\u304c\u3001\u3061\u3087\u3063\u3068\u805e\u304d\u305f\u3044\u3053\u3068\u304c\u3042\u308b\u306e\u3067\u6574\u7406\u3057\u3066\u304a\u304d\u307e\u3059\u3002<\/p>\n<p>PEO\u4e8b\u696d\u306e\u696d\u7e3e\u306b\u3064\u3044\u3066\u3001\u7279\u306b\u4fdd\u967a\u4e8b\u696d\u3068\u306e\u95a2\u9023\u3067\u3082\u3046\u5c11\u3057\u8a73\u3057\u304f\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08Efrain Rivera\uff09\uff1a\u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>PEO\u306e\u4e2d\u306e\u4fdd\u967a\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u304b\u3001\u305d\u308c\u3068\u3082PEO\u306e\u53ce\u76ca\u6e90\u306e\u4e00\u90e8\u3068\u3057\u3066\u306e\u4fdd\u967a\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u304b\uff1f<\/p>\n<p>Andrew Nicholas &#8212; William Blair and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3048\u3048\u3001\u5f8c\u8005\u3067\u3059\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08Efrain Rivera\uff09\u6c0f &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u79c1\u306f\u305f\u3060&#8230;<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u306f\u3044\u3002\u304a\u53d7\u3051\u306b\u306a\u308a\u307e\u3059\u304b\uff1f<\/p>\n<p>\u30b8\u30e7\u30f3\u30fb\u30ae\u30d6\u30bd\u30f3 &#8212; \u793e\u9577\u517cCOO\uff08\u6700\u9ad8\u57f7\u884c\u8cac\u4efb\u8005<\/p>\n<p>\u8cea\u554f\u3092\u7406\u89e3\u3059\u308b\u305f\u3081\u306b\u88dc\u8db3\u3057\u307e\u3059\u3068\u3001PEO\u306b\u304a\u3051\u308b\u4fdd\u967a\u306e\u53d6\u308a\u4ed8\u3051\u3068\u3001\u305d\u306e\u5f71\u97ff\u529b\u306b\u3064\u3044\u3066\u304a\u805e\u304d\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u306d\u3002<\/p>\n<p>Andrew Nicholas &#8212; William Blair and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u306e\u30bb\u30b0\u30e1\u30f3\u30c8\u306e\u4e2d\u3067\u3001PEO\u4e8b\u696d\u3068\u4fdd\u967a\u4e8b\u696d\u3092\u5358\u4f53\u3067\u6bd4\u8f03\u3057\u305f\u5834\u5408\u3001\u3069\u306e\u3088\u3046\u306a\u5185\u8a33\u306b\u306a\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u305d\u3046\u3059\u308c\u3070\u52a9\u304b\u308a\u307e\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30f3\u30fb\u30ae\u30d6\u30bd\u30f3 &#8212; 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&#8212; 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&#8212; \u793e\u9577\u517c\u6700\u9ad8\u57f7\u884c\u8cac\u4efb\u8005<\/p>\n<p>\u306f\u3044\u3002\u30de\u30fc\u30c6\u30a3\u304c\u8a00\u3063\u305f\u3088\u3046\u306b\u3001401(k)\u3084\u533b\u7642\u30fb\u798f\u5229\u539a\u751f\u306a\u3069\u306e\u9867\u5ba2\u306f\u3001\u5f93\u696d\u54e1\u306b\u63d0\u4f9b\u3057\u305f\u3044\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u30fb\u30c4\u30fc\u30eb\u306b\u5f15\u304d\u5bc4\u305b\u3089\u308c\u308b\u3088\u3046\u306b\u3001PEO\u3084\u4e00\u822c\u7684\u306b\u898b\u3089\u308c\u308b\u611b\u7740\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u30c4\u30fc\u30eb\u306f\u3001\u5168\u4f53\u7684\u306b\u975e\u5e38\u306b\u9ad8\u3044\u8a55\u4fa1\u3092\u5f97\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u30b3\u30e1\u30f3\u30c8\u306e\u4e2d\u3067\u3001\u3053\u306e\u3088\u3046\u306a\u4ed8\u5c5e\u54c1\u3092\u3055\u3089\u306b\u8ffd\u52a0\u3059\u308b\u6a5f\u4f1a\u3092\u5f97\u305f\u3068\u8ff0\u3079\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>10\u6708\u304b\u3089\u59cb\u307e\u308b\u52a0\u5165\u53d7\u4ed8\u671f\u9593\u4e2d\u306b\u3001PEO\u3084\u4fdd\u967a\u306e\u304a\u5ba2\u69d8\u306b\u63d0\u4f9b\u3067\u304d\u308b\u4efb\u610f\u52a0\u5165\u306e\u798f\u5229\u539a\u751f\u3092\u8ffd\u52a0\u3057\u3001\u53ce\u76ca\u3092\u4e0a\u3052\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u306e\u3067\u3059\u3002\u3053\u306e\u3088\u3046\u306b\u3001\u9867\u5ba2\u3068\u305d\u306e\u5f93\u696d\u54e1\u306b\u3088\u308a\u591a\u304f\u306e\u30e1\u30ea\u30c3\u30c8\u3092\u63d0\u4f9b\u3059\u308b\u3053\u3068\u306f\u3001\u9867\u5ba2\u7dad\u6301\u306b\u5f79\u7acb\u3064\u3060\u3051\u3067\u306a\u304f\u3001\u53ce\u76ca\u306b\u3082\u8ca2\u732e\u3059\u308b\u306e\u3067\u3059\u3002\u5e02\u5834\u3067\u306f\u826f\u3044\u9700\u8981\u304c\u3042\u308b\u3068\u898b\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>Efrain Rivera &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u30b8\u30e7\u30f3\u304c\u8a00\u3063\u305f\u3088\u3046\u306b\u3001\u52b4\u707d\u306f\u3053\u3053\u4f55\u5e74\u3082\u975e\u5e38\u306b\u8edf\u5f31\u306a\u5e02\u5834\u3067\u3042\u308b\u3068\u3044\u3046\u4e8b\u5b9f\u306b\u57fa\u3065\u3044\u3066\u3001\u4fdd\u967a\u30b5\u30a4\u30c9\u306e\u53ce\u76ca\u306e\u4f38\u3073\u306f\u7d76\u5bfe\u7684\u306b\u4f4e\u304f\u306a\u3063\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>Andrew Nicholas &#8212; William Blair and Company &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3044\u3044\u3048\u3001\u305d\u308c\u306f\u53c2\u8003\u306b\u306a\u308a\u307e\u3059\u3002\u79c1\u304c\u8cea\u554f\u3059\u308b\u3088\u308a\u3082\u3001\u3042\u306a\u305f\u306e\u65b9\u304c\u305a\u3063\u3068\u3046\u307e\u304f\u7b54\u3048\u3066\u304f\u308c\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30a4\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u3044\u3048\u3044\u3048\u3001\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u904b\u55b6\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306fNorthcoast Research\u306eKartik Mehta\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>Kartik Mehta &#8212; Northcoast Research &#8212; 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&#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>Kartik \u4eca\u3001\u7533\u3057\u4e0a\u3052\u305f\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306f\u305d\u308c\u307b\u3069\u6e1b\u901f\u3057\u3066\u3044\u307e\u305b\u3093\u3002\u6628\u5e74\u306f\u7279\u306b\u30b5\u30fc\u30d3\u30b9\u90e8\u9580\u304c\u82e6\u6226\u3057\u305f\u305f\u3081\u3001\u5f53\u521d\u306f\u63a1\u7528\u304c\u9045\u308c\u3066\u3044\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u6628\u5e74\u5f8c\u534a\u306b\u306f\u3001John\u3068\u4eba\u4e8b\u90e8\u306e\u5354\u529b\u306e\u3082\u3068\u3001\u305d\u306e\u9045\u308c\u3092\u53d6\u308a\u623b\u3059\u3053\u3068\u306b\u6210\u529f\u3057\u3001\u4eca\u5e74\u5ea6\u306b\u5165\u3063\u3066\u304b\u3089\u306f\u82e5\u5e72\u306e\u4eba\u54e1\u8d85\u904e\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u70b9\u306b\u3064\u3044\u3066\u306f\u3001\u975e\u5e38\u306b\u6e80\u8db3\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306f\u4f9d\u7136\u3068\u3057\u3066\u5f37\u529b\u306a\u96c7\u7528\u306e\u6c7a\u5b9a\u3092\u884c\u3063\u3066\u3044\u307e\u3059\u3002\u5831\u916c\u3068\u798f\u5229\u539a\u751f\u306b\u6295\u8cc7\u3057\u305f\u3053\u3068\u304c\u529f\u3092\u594f\u3057\u3066\u3044\u307e\u3059\u3002\u73fe\u5728\u3067\u306f\u8ecc\u9053\u306b\u4e57\u308a\u3001\u30b5\u30fc\u30d3\u30b9\u3060\u3051\u3067\u306a\u304f\u8ca9\u58f2\u54e1\u3082\u5897\u3048\u3066\u304d\u3066\u304a\u308a\u3001\u5b9a\u7740\u7387\u3082\u826f\u304f\u306a\u3063\u3066\u304d\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u304b\u3089\u5b66\u3093\u3060\u3053\u3068\u306f\u3001\u30ea\u30e2\u30fc\u30c8\u30ef\u30fc\u30af\u3084\u30cf\u30a4\u30d6\u30ea\u30c3\u30c9\u30ef\u30fc\u30af\u3001\u30bb\u30fc\u30eb\u30b9\u306e\u6271\u3044\u65b9\u306a\u3069\u3001\u3055\u307e\u3056\u307e\u306a\u65b9\u6cd5\u3067\u7ba1\u7406\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3060\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u55b6\u696d\u90e8\u968a\u306e\u6d3b\u52d5\u5834\u6240\u3084\u8ca9\u58f2\u65b9\u6cd5\u306b\u306f\u3088\u308a\u67d4\u8edf\u6027\u304c\u3042\u308a\u3001\u5e02\u5834\u3092\u901a\u3058\u3066\u3088\u308a\u591a\u304f\u306e\u30c7\u30b8\u30bf\u30eb\u8ca9\u58f2\u304c\u884c\u308f\u308c\u308b\u3088\u3046\u306b\u306a\u308a\u3001\u79c1\u305f\u3061\u306f\u305d\u308c\u306b\u5bfe\u3057\u3066\u5341\u5206\u306a\u5099\u3048\u3092\u3057\u3066\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u79c1\u305f\u3061\u306f\u30d1\u30f3\u30c7\u30df\u30c3\u30af\uff08\u4e16\u754c\u7684\u5927\u6d41\u884c\uff09\u306e\u4e2d\u3067\u5b66\u3073\u3001\u5927\u304d\u306a\u6210\u529f\u3092\u53ce\u3081\u307e\u3057\u305f\u3002\u9069\u5207\u306a\u4eba\u6750\u3092\u914d\u7f6e\u3057\u3001\u9069\u5207\u306a\u5224\u65ad\u3092\u4e0b\u3059\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u3082\u3061\u308d\u3093\u3001\u8a18\u9332\u7684\u306a\u5e74\u306b\u306a\u3063\u305f\u3053\u3068\u306f\u559c\u3070\u3057\u3044\u3053\u3068\u3067\u3059\u3057\u300123\u5e74\u5ea6\u3082\u305d\u3046\u306a\u308b\u3088\u3046\u6e96\u5099\u3092\u6574\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>Kartik Mehta &#8212; Northcoast Research &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u308c\u304b\u3089\u30a8\u30d5\u30ec\u30a4\u30f3\u3055\u3093\u3001\u5fa1\u793e\u304c\u6210\u529f\u3092\u53ce\u3081\u3066\u3044\u308b\u5206\u91ce\u306e1\u3064\u306b\u3001\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u306e\u4e2d\u5c0f\u4f01\u696d\u5411\u3051\u9000\u8077\u91d1\u5236\u5ea6\u304c\u3042\u308a\u307e\u3059\u306d\u3002\u3053\u306e\u8a08\u753b\u306f\u3069\u306e\u7a0b\u5ea6\u6210\u529f\u3057\u305f\u306e\u3067\u3057\u3087\u3046\u304b\u3002\u307e\u305f\u3001\u3053\u306e\u4e8b\u696d\u306e\u6210\u9577\u304c\u5f15\u304d\u7d9a\u304d\u671f\u5f85\u3067\u304d\u308b\u306e\u304b\u3069\u3046\u304b\u3001\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3001Kartik\u3055\u3093\u3002\u30de\u30fc\u30c6\u30a3\u3067\u3059\u3002\u3053\u308c\u306f\u975e\u5e38\u306b\u6210\u529f\u3057\u305f\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3068\u3044\u3046\u306e\u3082\u3001\u4eca\u6708\u304b\u3089\u9069\u7528\u3055\u308c\u308b\u7fa9\u52d9\u4ed8\u3051\u306b\u3001\u4f01\u696d\u306f\u5fc5\u305a\u3057\u3082\u5bfe\u5fdc\u3067\u304d\u306a\u3044\u304b\u3089\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u5c11\u3057\u65e9\u3081\u306b\u3057\u3066\u3044\u305f\u306e\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u79c1\u305f\u3061\u304c\u884c\u3063\u305f\u5e83\u544a\u306b\u3088\u3063\u3066\u3001Paychex\u304c\u4e2d\u5c0f\u4f01\u696d\u5411\u3051\u306e\u9000\u8077\u91d1\u63d0\u4f9b\u4f1a\u793e\u3067\u3042\u308b\u3053\u3068\u3092\u591a\u304f\u306e\u4eba\u304c\u7406\u89e3\u3059\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u306e\u3067\u3059\u3002\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u3067\u306f\u3001\u975e\u5e38\u306b\u57fa\u672c\u7684\u306a\u9000\u8077\u91d1\u5236\u5ea6\u3067\u3042\u308bIRA\u30d7\u30e9\u30f3\u3092\u7121\u6599\u3067\u63d0\u4f9b\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u79c1\u305f\u3061\u306f\u975e\u5e38\u306b\u3088\u304f\u3084\u3063\u3066\u3044\u307e\u3059\u3002\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u3067\u306e\u30ea\u30bf\u30a4\u30a2\u30e1\u30f3\u30c8\u4e8b\u696d\u306e\u58f2\u4e0a\u306f\u3001\u660e\u3089\u304b\u306b\u5f53\u793e\u306e\u6b74\u53f2\u306e\u4e2d\u3067\u6700\u3082\u901f\u3044\u30da\u30fc\u30b9\u3067\u4f38\u3073\u3066\u3044\u307e\u3059\u3002\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u3067\u884c\u3063\u305f\u30a2\u30d7\u30ed\u30fc\u30c1\u306f\u3001\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0\u3084\u5e83\u544a\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u3064\u3044\u3066\u3001\u5c11\u3057\u306f\u5b66\u3076\u3053\u3068\u304c\u3067\u304d\u305f\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3053\u306e\u3053\u3068\u306f\u3001\u4ed6\u306e\u5dde\u306b\u3082\u78ba\u5b9f\u306b\u4f1d\u308f\u308b\u3068\u601d\u3044\u307e\u3059\u3057\u3001\u9000\u8077\u91d1\u306b\u95a2\u3059\u308b\u6cd5\u5f8b\u304c\u65bd\u884c\u3055\u308c\u308c\u3070\u3001\u9023\u90a6\u653f\u5e9c\u306e\u7fa9\u52d9\u306b\u306a\u308b\u53ef\u80fd\u6027\u3055\u3048\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>Kartik Mehta &#8212; Northcoast Research &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3042\u308a\u304c\u3068\u3046\u3001\u30de\u30fc\u30c6\u30a3\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u308c\u3067\u306f\u3001Kartik\u3055\u3093\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6b21\u306e\u8cea\u554f\u306f\u30b7\u30c6\u30a3\u306e\u30d4\u30fc\u30bf\u30fc\u30fb\u30af\u30ea\u30b9\u30c1\u30e3\u30f3\u30bb\u30f3\u6c0f\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u30d4\u30fc\u30bf\u30fc\u30fb\u30af\u30ea\u30b9\u30c1\u30e3\u30f3\u30bb\u30f3 &#8212; \u30b7\u30c6\u30a3 &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3001\u7686\u3055\u3093\u3002\u8cea\u554f\u3092\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u672c\u5f53\u306b\u7d20\u6674\u3089\u3057\u3044\u50be\u5411\u3067\u3059\u306d\u3002\u305f\u3060\u3001\u4ee5\u524d\u3001\u4eba\u6750\u6d3e\u9063\u696d\u754c\u306e\u52d5\u5411\u306b\u3064\u3044\u3066\u304a\u8a71\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u304c\u3001\u5fa1\u793e\u306e\u9867\u5ba2\u3067\u3042\u308b\u4eba\u6750\u6d3e\u9063\u4f1a\u793e\u306e\u52d5\u5411\u3082\u6c17\u306b\u306a\u308a\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u666f\u6c17\u5faa\u74b0\u306e\u4e21\u7aef\u306b\u304a\u3044\u3066\u5148\u884c\u6307\u6a19\u3068\u306a\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u306d\u3002<\/p>\n<p>\u3082\u3057\u3088\u308d\u3057\u3051\u308c\u3070&#8230;&#8230;\u305d\u3053\u3067\u898b\u3048\u3066\u3044\u308b\u8272\u5408\u3044\u3084\u3001\u305d\u306e\u5468\u8fba\u306b\u8003\u3048\u3066\u3044\u308b\u610f\u5473\u5408\u3044\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u6398\u308a\u4e0b\u3052\u3066\u3044\u305f\u3060\u3051\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p>Efrain Rivera &#8212; 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Mucci &#8212; 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Christiansen &#8212; Citi &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u3046\u3067\u3059\u304b\u3002\u7d20\u6674\u3089\u3057\u3044\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u5c02\u9580\u7684\u306a\u304a\u8a71\u3092\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u6b21\u306e\u8cea\u554f\u306f\u30e2\u30eb\u30ac\u30f3\u30fb\u30b9\u30bf\u30f3\u30ec\u30fc\u306eJames Faucette\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30ca\u30b5\u30f3\u30fb\u30ea\u30fc &#8212; \u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc &#8212; 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\u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>\u305c\u3072\u305d\u3046\u3057\u305f\u3044\u3067\u3059\u306d\u3002\u79c1\u305f\u3061\u306f\u3001\u5e38\u306b\u65b0\u3057\u3044\u3082\u306e\u3092\u8ffd\u3044\u6c42\u3081\u3066\u3044\u307e\u3059\u3002\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u307e\u3060\u6c11\u9593\u4f01\u696d\u306b\u306f\u8ffd\u3044\u3064\u3044\u3066\u3044\u306a\u3044\u3088\u3046\u3067\u3001\u904e\u53bb\u306b\u8a71\u3057\u305f\u3088\u3046\u306a\u3055\u307e\u3056\u307e\u306a\u5e02\u5834\u306b\u304a\u3044\u3066\u3001\u307e\u3060\u3044\u304f\u3064\u304b\u306e\u7d20\u6674\u3089\u3057\u3044\u6a5f\u4f1a\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u307e\u3060\u5b9f\u73fe\u3057\u3066\u3044\u306a\u3044\u3088\u3046\u3067\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u4e00\u822c\u7684\u306b\u306f\u3001\u682a\u5f0f\u516c\u958b\u306e\u5f8c\u3092\u8ffd\u3046\u3088\u3046\u306a\u5f62\u306b\u306a\u308b\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u3069\u3046\u306a\u308b\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p>Efrain\u304c\u8a71\u3057\u305f\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306f\u8cc7\u91d1\u304c\u3042\u308b\u306e\u3067\u3001\u4e0d\u6cc1\u3067\u3042\u308d\u3046\u3068\u3001\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u304c\u898b\u76f4\u3055\u308c\u3088\u3046\u3068\u3001\u6a5f\u4f1a\u3092\u9003\u3059\u3053\u3068\u306a\u304f\u5bfe\u5fdc\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u975e\u5e38\u306b\u6ce8\u610f\u6df1\u304f\u898b\u5b88\u3063\u3066\u3044\u307e\u3059\u3002\u904e\u53bb\u306b\u8a71\u3092\u3057\u305f\u3053\u3068\u306e\u3042\u308b\u4f01\u696d\u3068\u306f\u5f15\u304d\u7d9a\u304d\u8a71\u3092\u3057\u3001\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u306f\u6ce8\u610f\u3092\u6255\u3044\u307e\u3059\u304c\u3001\u3088\u308a\u826f\u3044\u6a5f\u4f1a\u3092\u4e0e\u3048\u3066\u304f\u308c\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30ca\u30b5\u30f3\u30fb\u30ea\u30fc &#8212; \u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u305d\u306e\u8996\u70b9\u306f\u3042\u308a\u304c\u305f\u3044\u3067\u3059\u306d\u3002\u307e\u305f\u3001\u88fd\u54c1\u958b\u767a\u3068IT\u3078\u306e\u3055\u3089\u306a\u308b\u6295\u8cc7\u3092\u547c\u3073\u304b\u3051\u3066\u3044\u307e\u3059\u306d\u3002\u88fd\u54c1\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3084\u6280\u8853\u7684\u306a\u89b3\u70b9\u304b\u3089\u3001\u3069\u3053\u3092\u6539\u5584\u3059\u308b\u3053\u3068\u306b\u91cd\u70b9\u3092\u7f6e\u3044\u3066\u3044\u307e\u3059\u304b\uff1f<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; 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\u79c1\u305f\u3061\u304c\u77e5\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u3001\u305d\u308c\u3092\u8a00\u3046\u3068\u304d\u306b\u6b63\u78ba\u306b\u4f1d\u3048\u308b\u3068\u3044\u3046\u3053\u3068\u306a\u306e\u3067\u3059\u3002\u305d\u3057\u3066\u3001\u305d\u308c\u304c\u6b63\u3057\u304f\u306a\u3044\u3068\u304d\u306b\u306f\u3001\u305d\u308c\u3092\u6307\u6458\u3057\u307e\u3059\u3002<\/p>\n<p>\u4ed6\u306e\u7af6\u5408\u4ed6\u793e\u304c\u305d\u3046\u3067\u306a\u3044\u3068\u8a00\u3063\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3082\u3061\u308d\u3093\u3001\u305d\u3046\u3067\u3057\u3087\u3046\u3002\u554f\u984c\u306f\u3001\u79c1\u305f\u3061\u304c\u30d3\u30b8\u30cd\u30b9\u306b\u304a\u3044\u3066\u304b\u306a\u308a\u306e\u91cf\u306e\u4e00\u8cab\u6027\u3068\u4e88\u6e2c\u53ef\u80fd\u6027\u3092\u6301\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u3054\u8cea\u554f\u306b\u5bfe\u3059\u308b\u5177\u4f53\u7684\u306a\u7b54\u3048\u306f\u3001\u4e0a\u534a\u671f\u306e\u898b\u901a\u3057\u304c\u3064\u304f\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u4e0a\u534a\u671f\u306e\u72b6\u6cc1\u306b\u3064\u3044\u3066\u306f\u3001\u304b\u306a\u308a\u826f\u3044\u611f\u89e6\u3092\u5f97\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3053\u3053\u304b\u3089\u304c\u96e3\u3057\u3044\u3068\u3053\u308d\u3067\u3059\u3002\u5f8c\u534a\u306b\u306a\u308c\u3070\u306a\u308b\u307b\u3069\u3001\u96f2\u884c\u304d\u304c\u602a\u3057\u304f\u306a\u3063\u3066\u304d\u307e\u3059\u3002\u30de\u30fc\u30c6\u30a3\u304c\u6307\u6458\u3057\u305f\u3088\u3046\u306b\u3001\u30de\u30af\u30ed\u7684\u306a\u8981\u56e0\u3082\u5f71\u97ff\u3057\u307e\u3059\u3002<\/p>\n<p>\u30de\u30af\u30ed\u306f\u4eca\u5e74\u3068\u5168\u304f\u540c\u3058\u3088\u3046\u306b\u306f\u3044\u304d\u307e\u305b\u3093\u3002\u305d\u3053\u3067\u3001\u4e0a\u534a\u671f\u306e\u696d\u7e3e\u306b\u3064\u3044\u3066\u691c\u8a0e\u3057\u307e\u3057\u305f\u3002\u4e0b\u534a\u671f\u306b\u3064\u3044\u3066\u306f\u3001\u5e74\u3092\u8ffd\u3063\u3066\u66f4\u65b0\u3057\u3066\u3044\u304f\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u304c\u3001\u304b\u306a\u308a\u826f\u3044\u611f\u89e6\u3092\u5f97\u3066\u3044\u307e\u3059\u3002\u4eca\u308f\u304b\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u3059\u3079\u3066\u8e0f\u307e\u3048\u308c\u3070\u3001\u304b\u306a\u308a\u826f\u3044\u898b\u901a\u3057\u304c\u7acb\u3066\u3089\u308c\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001FRB\u3067\u3055\u3048\u3082\u3001\u5f7c\u3089\u304c\u898b\u3066\u3044\u308b\u30de\u30af\u30ed\u6307\u6a19\u3092\u7406\u89e3\u3059\u308b\u306e\u306b\u82e6\u52b4\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u601d\u3044\u51fa\u3059\u5fc5\u8981\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u30de\u30fc\u30af\u30fb\u30de\u30fc\u30b3\u30f3 &#8212; \u30ed\u30d0\u30fc\u30c8\u30fbW\u30fb\u30d9\u30a2\u30fc\u30c9\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u305d\u308c\u304b\u3089\u3001\u7b2c4\u56db\u534a\u671f\u306b\u8a08\u4e0a\u3055\u308c\u305f\u58f2\u4e0a\u9ad8\u3068\u3001\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306e\u72b6\u6cc1\u306b\u3064\u3044\u3066\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002\u307e\u305f\u3001\u30de\u30a4\u30af\u30ed\u3068SPS\u3001\u30df\u30c3\u30c9\u30de\u30fc\u30b1\u30c3\u30c8\u3092\u3069\u306e\u3088\u3046\u306b\u533a\u5225\u3057\u3066\u3044\u307e\u3059\u304b\uff1f\u307e\u305f\u3001\u65b0\u898f\u30ed\u30b4\u3068\u30a2\u30c3\u30d7\u30bb\u30eb\u306f\u3069\u306e\u7a0b\u5ea6\u4f38\u3073\u3066\u3044\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Marty Mucci &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>\u5168\u4f53\u3068\u3057\u3066\u3001\u7279\u306b\u4e2d\u5805\u5e02\u5834\u306f\u975e\u5e38\u306b\u597d\u8abf\u3067\u3001\u4f55\u5ea6\u3082\u7533\u3057\u4e0a\u3052\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u672c\u5f53\u306b\u597d\u8abf\u3067\u3059\u3002\u79c1\u305f\u3061\u306f\u975e\u5e38\u306b\u3088\u304f\u3084\u3063\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u6628\u5e74\u5ea6\u3082\u3001\u3053\u306e\u7b2c1\u56db\u534a\u671f\u3082\u3001\u305d\u3057\u3066\u305d\u306e\u5f8c\u3082\u3001\u8ca9\u58f2\u9762\u3001\u88fd\u54c1\u9762\u3001\u305d\u306e\u4ed6\u3059\u3079\u3066\u306e\u9762\u3067\u3001\u4e2d\u5805\u5e02\u5834\u306b\u304a\u3044\u3066\u975e\u5e38\u306b\u597d\u8abf\u306a\u7d50\u679c\u3092\u3082\u305f\u3089\u3057\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u7af6\u5408\u4ed6\u793e\u306f\u5f53\u793e\u306e\u88fd\u54c1\u306b\u5c11\u3057\u82e6\u6226\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u304c\u3001\u5f53\u793e\u306f\u975e\u5e38\u306b\u3046\u307e\u304f\u3044\u3063\u3066\u3044\u308b\u3068\u611f\u3058\u3066\u3044\u307e\u3059\u3002\u5c0f\u578b\u5e02\u5834\u306b\u3064\u3044\u3066\u306f\u3001\u5f15\u304d\u7d9a\u304d\u9806\u8abf\u3067\u3059\u3002\u304a\u305d\u3089\u304f\u3001\u3082\u3046\u5c11\u3057\u82e6\u6226\u3057\u3066\u3044\u308b\u306e\u306f\u5f7c\u3089\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u30de\u30a4\u30af\u30ed\u306f\u5f15\u304d\u7d9a\u304d\u975e\u5e38\u306b\u597d\u8abf\u3067\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001SONY\u306f\u975e\u5e38\u306b\u5805\u8abf\u306a\u6210\u9577\u3092\u7d9a\u3051\u3066\u3044\u307e\u3059\u3057\u3001Flex\u3082\u4f38\u3073\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u3088\u3046\u306b\u3001\u5168\u4f53\u7684\u306b\u597d\u8abf\u3067\u3001\u7387\u76f4\u306b\u8a00\u3063\u3066\u3001\u826f\u3044\u72b6\u614b\u3067\u56db\u534a\u671f\u3092\u8fce\u3048\u3089\u308c\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u55b6\u696d\u90e8\u9580\u306f\u30d5\u30eb\u7a3c\u50cd\u3067\u3001MR\u90e8\u9580\u304c\u5c11\u3057\u4f38\u3073\u305f\u3060\u3051\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u5168\u4f53\u3068\u3057\u3066\u306f\u3001\u58f2\u4e0a\u306f\u904e\u53bb\u6700\u9ad8\u306e\u5e74\u3067\u3057\u305f\u3002<\/p>\n<p>\u7d66\u4e0e\u8a08\u7b97\u3001\u9000\u8077\u91d1\u3001\u4eba\u4e8b\u3001ASO\u3001PEO\u306a\u3069\u3001\u307b\u307c\u3059\u3079\u3066\u306e\u5206\u91ce\u3067\u597d\u8abf\u3067\u3057\u305f\u3002<\/p>\n<p>\u30de\u30fc\u30af\u30fb\u30de\u30fc\u30b3\u30f3 &#8212; \u30ed\u30d0\u30fc\u30c8\u30fbW\u30fb\u30d9\u30a2\u30fc\u30c9\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u3002\u307e\u305f\u3001\u30d6\u30c3\u30ad\u30f3\u30b0\u306e\u3046\u3061\u30a2\u30c3\u30d7\u30bb\u30eb\u3068\u65b0\u898f\u30ed\u30b4\u306e\u5272\u5408\u306f\u3069\u306e\u304f\u3089\u3044\u3067\u3059\u304b\u3002<\/p>\n<p>Marty Mucci &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>\u7279\u306b\u7d66\u4e0e\u8a08\u7b97\u306e\u9762\u3067\u306f\u3001\u307b\u307c\u540c\u3058\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u3060\u3044\u305f\u3044\u534a\u5206\u304c\u65b0\u898f\u306e\u30d3\u30b8\u30cd\u30b9\u3067\u3059\u3002\u65b0\u898f\u4e8b\u696d\u306f\u3084\u3084\u6e1b\u901f\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u65b0\u898f\u4e8b\u696d\u306e\u7372\u5f97\u306b\u95a2\u3057\u3066\u306f\u975e\u5e38\u306b\u826f\u3044\u5b9f\u7e3e\u3092\u4e0a\u3052\u3066\u3044\u307e\u3059\u3002\u7d66\u4e0e\u8a08\u7b97\u306e\u5206\u91ce\u3067\u306f\u3001\u4eca\u3067\u3082\u58f2\u4e0a\u306e\u7d0450\uff05\u3092\u5360\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u30de\u30fc\u30af\u30fb\u30de\u30fc\u30b3\u30f3 &#8212; \u30ed\u30d0\u30fc\u30c8\u30fbW\u30fb\u30d9\u30a2\u30fc\u30c9\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>OK\u3067\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u6700\u5f8c\u306bWolfe Research\u306eScott Wurtzel\u304b\u3089\u8cea\u554f\u3092\u3055\u305b\u3066\u3044\u305f\u3060\u304d\u307e\u3059\u3002<\/p>\n<p>Scott Wurtzel &#8212; Wolfe Research &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3001\u7686\u3055\u3093\u3002\u79c1\u306e\u8cea\u554f\u306b\u7b54\u3048\u3066\u304f\u308c\u3066\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30de\u30fc\u30b8\u30f3\u306b\u3064\u3044\u3066\u304a\u805e\u304d\u3057\u305f\u3044\u306e\u3067\u3059\u304c\u3002<\/p>\n<p>\u901a\u671f\u306e\u898b\u901a\u3057\u306f\u304b\u306a\u308a\u660e\u308b\u3044\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u4e0a\u671f\u306b\u3064\u3044\u3066\u304a\u805e\u304d\u3057\u305f\u3044\u306e\u3067\u3059\u3002\u8abf\u6574\u5f8c\u306e\u55b6\u696d\u5229\u76ca\u7387\u306f\u3001\u6628\u5e74\u5ea6\u4e0a\u671f\u3068\u6bd4\u8f03\u3057\u3066\u82e5\u5e72\u4f4e\u4e0b\u3059\u308b\u898b\u8fbc\u307f\u306e\u3088\u3046\u3067\u3059\u306d\u3002\u3053\u308c\u306f\u8cc3\u91d1\u30a4\u30f3\u30d5\u30ec\u3068\u4eba\u54e1\u5897\u52a0\u306b\u3088\u308b\u3082\u306e\u306a\u306e\u3067\u3057\u3087\u3046\u304b\u3001\u305d\u308c\u3068\u3082\u4ed6\u306e\u5f71\u97ff\u304c\u3042\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9\uff08Efrain Rivera\uff09\uff1a\u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u3002\u4e0a\u534a\u671f\u306e\u30de\u30fc\u30b8\u30f3\u306f\u3001\u96c7\u7528\u6c34\u6e96\u304c\u4f4e\u4e0b\u3057\u305f\u3053\u3068\u3082\u3042\u308a\u3001\u3088\u308a\u597d\u8abf\u3067\u3057\u305f\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u306f\u6628\u5e74\u3001\u5341\u5206\u306a\u4eba\u54e1\u914d\u7f6e\u304c\u306a\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u5b8c\u5168\u306a\u4eba\u54e1\u914d\u7f6e\u3067\u306f\u306a\u3044\u3001\u3068\u8a00\u3044\u7d9a\u3051\u307e\u3057\u305f\u3002\u6628\u5e74\u306f\u3001\u5341\u5206\u306a\u4eba\u54e1\u914d\u7f6e\u304c\u306a\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u5b8c\u5168\u306a\u4eba\u54e1\u914d\u7f6e\u3067\u306f\u306a\u3044\u3001\u3068\u8a00\u3044\u7d9a\u3051\u307e\u3057\u305f\u304c\u3001\u4eca\u5e74\u524d\u534a\u306f\u3001\u8cc3\u91d1\u306e\u5f15\u304d\u4e0a\u3052\u306b\u52a0\u3048\u3066\u3001\u5341\u5206\u306a\u4eba\u54e1\u914d\u7f6e\u304c\u306a\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u305d\u306e\u305f\u3081\u3001\u4e0a\u534a\u671f\u306e\u30de\u30fc\u30b8\u30f3\u304c\u6e1b\u5c11\u3057\u3001\u4e0b\u534a\u671f\u306b\u305d\u306e\u6069\u6075\u304c\u3082\u305f\u3089\u3055\u308c\u308b\u3068\u3044\u3046\u308f\u3051\u3067\u3059\u3002<\/p>\n<p>Scott Wurtzel &#8212; Wolfe Research &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u4e86\u89e3\u3057\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u305d\u308c\u304b\u3089\u3001\u3059\u307f\u307e\u305b\u3093\u3001\u3082\u3057\u79c1\u304c\u898b\u9003\u3057\u3066\u3044\u305f\u3089\u3001\u8b70\u8ad6\u3055\u308c\u305f\u304b\u3069\u3046\u304b\u5206\u304b\u308a\u307e\u305b\u3093\u304c\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u9867\u5ba2\u30d5\u30a1\u30f3\u30c9\u306e\u91d1\u5229\u53ce\u5165\u30ac\u30a4\u30c0\u30f3\u30b9\u306b\u3064\u3044\u3066\u3001\u6b8b\u9ad8\u306e\u4f38\u3073\u3068\u5229\u56de\u308a\u306e\u898b\u8fbc\u307f\u306e\u9593\u306e\u4e00\u9577\u4e00\u77ed\u306b\u3064\u3044\u3066\u3001\u3082\u3046\u5c11\u3057\u8a73\u3057\u304f\u6559\u3048\u3066\u3044\u305f\u3060\u3051\u307e\u305b\u3093\u304b\uff1f<\/p>\n<p>\u30a8\u30d5\u30ec\u30f3\u30fb\u30ea\u30d9\u30e9 &#8212; \u6700\u9ad8\u8ca1\u52d9\u8cac\u4efb\u8005<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u6b8b\u9ad8\u306e\u4f38\u3073\u306f\u7de9\u3084\u304b\u3060\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3059\u3002\u4eca\u5e74\u306f\u304b\u306a\u308a\u5f37\u529b\u306a\u6b8b\u9ad8\u306e\u4f38\u3073\u304c\u3042\u308a\u307e\u3057\u305f\u3002\u3067\u3059\u304b\u3089\u3001\u6b8b\u9ad8\u306e\u4f38\u3073\u306f\u3001\u73fe\u5728\u304b\u3089\u5e74\u672b\u306b\u304b\u3051\u3066FRB\u304c\u4f55\u3092\u3059\u308b\u304b\u3068\u3044\u3046\u4e88\u60f3\u306b\u3088\u3063\u3066\u5de6\u53f3\u3055\u308c\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u3067\u3059\u304b\u3089\u3001\u3069\u3061\u3089\u304b\u3068\u3044\u3046\u3068\u91d1\u5229\u306b\u5de6\u53f3\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u8cc3\u91d1\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u57fa\u3065\u304d\u3001\u30af\u30e9\u30a4\u30a2\u30f3\u30c8\u30fb\u30d0\u30e9\u30f3\u30b9\u306e\u6210\u9577\u3082\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>Scott Wurtzel &#8212; Wolfe Research &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u4e86\u89e3\u3067\u3059\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u672c\u65e5\u306e\u8cea\u7591\u5fdc\u7b54\u306f\u4ee5\u4e0a\u3068\u3055\u305b\u3066\u3044\u305f\u3060\u304d\u307e\u3059\u3002\u305d\u308c\u3067\u306f\u3001\u30b9\u30d4\u30fc\u30ab\u30fc\u306b\u623b\u308a\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u30de\u30fc\u30c6\u30a3\u30fb\u30e0\u30c3\u30c1 &#8212; \u793e\u9577\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u3053\u308c\u3092\u3082\u3063\u3066\u3001\u901a\u8a71\u3092\u7d42\u4e86\u3055\u305b\u3066\u3044\u305f\u3060\u304d\u307e\u3059\u3002\u3053\u306e\u96fb\u8a71\u4f1a\u8b70\u306e\u30a6\u30a7\u30d6\u30ad\u30e3\u30b9\u30c8\u3092\u518d\u751f\u3055\u308c\u305f\u3044\u65b9\u306f\u3001\u7d0490\u65e5\u9593\u30a2\u30fc\u30ab\u30a4\u30d6\u3055\u308c\u3066\u3044\u307e\u3059\u306e\u3067\u3001\u3054\u5229\u7528\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u767a\u8868\u306e\u30ab\u30f3\u30d5\u30a1\u30ec\u30f3\u30b9\u30fb\u30b3\u30fc\u30eb\u306b\u304a\u6642\u9593\u3092\u5272\u3044\u3066\u3044\u305f\u3060\u304d\u3001\u307e\u305fPaychex\u306b\u3054\u95a2\u5fc3\u3092\u304a\u5bc4\u305b\u3044\u305f\u3060\u304d\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u7686\u69d8\u304c\u5b89\u5168\u3067\u697d\u3057\u3044\u590f\u3092\u904e\u3054\u3055\u308c\u308b\u3053\u3068\u3092\u9858\u3063\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u8fd1\u3044\u3046\u3061\u306b\u304a\u8a71\u3057\u3057\u307e\u3057\u3087\u3046\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>\u4ee5\u4e0a\u3067\u3059\u3002\u4ed6\u306e\u7ffb\u8a33\u5e0c\u671b\u304c\u3042\u308c\u3070\u3054\u9023\u7d61\u3044\u305f\u3060\u3051\u308c\u3070\u691c\u8a0e\u3044\u305f\u3057\u307e\u3059\u3002<\/p>\n<p>\uff0a\u8aa4\u8a33\u306a\u3069\u304c\u3042\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3067\u306e\u53c2\u8003\u7a0b\u5ea6\u306b\u3057\u3066\u3044\u305f\u3060\u304d\u6295\u8cc7\u306f\u81ea\u5df1\u5224\u65ad\u3067\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>\u30d6\u30ed\u30b0\u904b\u55b6\u306e\u52b1\u307f\u306b\u306a\u308a\u307e\u3059\u306e\u3067\u3001\u304a\u624b\u6570\u3067\u3059\u304c\u3001\u5fdc\u63f4\u306e\uff11\u65e5\uff11\u30af\u30ea\u30c3\u30af\u3092\u3088\u308d\u3057\u304f\u304a\u9858\u3044\u81f4\u3057\u307e\u3059\u3002<\/p>\n<p>\u2193\u2193\uff1c\u5fdc\u63f4\u30af\u30ea\u30c3\u30af\u304a\u9858\u3044\u3057\u307e\u3059\uff1e<\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/stockinfo\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/stockinfo\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u682a\u5f0f\u6295\u8cc7\u60c5\u5831\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/stockinfo\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/americastock\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/americastock\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u7c73\u56fd\u682a\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/americastock\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/tenbagger\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/tenbagger\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u30c6\u30f3\u30d0\u30ac\u30fc\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/tenbagger\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7c73\u56fd\u306e\u4e2d\u5c0f\u4f01\u696d\u306b\u7d66\u4e0e\u51e6\u7406\u3001\u4eba\u4e8b\u7ba1\u7406\u3001\u5f93\u696d\u54e1\u798f\u5229\u696d\u52d9\u306e\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\u30b5\u30fc\u30d3\u30b9\u3092\u5c55\u958b\u3057\u3066\u3044\u308b\u30da\u30a4\u30c1\u30a7\u30c3\u30af\u30b9 (PAYX)2022\u5e74\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306e\u65e5\u672c\u8a9e\u8a33\u3067\u3059\u3002 \u826f\u3044\u4f01\u696d\u3068\u306f\u601d\u3063\u3066\u307e\u3059\u304c\u666f\u6c17\u306e\u5148\u884c\u304d\u4e0d\u900f\u660e\u611f\u304c\u3042\u308b\u306e\u3067 &#8230; 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