{"id":26326,"date":"2026-06-25T09:55:54","date_gmt":"2026-06-25T00:55:54","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=26326"},"modified":"2026-06-25T09:55:54","modified_gmt":"2026-06-25T00:55:54","slug":"ue-what-is-a-semiconductor-etf","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-what-is-a-semiconductor-etf","title":{"rendered":"\u3010\u521d\u5fc3\u8005\u5411\u3051\u3011\u534a\u5c0e\u4f53ETF\u3068\u306f\uff1f\u57fa\u790e\u77e5\u8b58\u30fb\u6ce8\u610f\u70b9\u304b\u3089\u65e5\u7c73\u304a\u3059\u3059\u308110\u9078\u307e\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac"},"content":{"rendered":"<h2 data-path-to-node=\"0\">\u3010\u521d\u5fc3\u8005\u5411\u3051\u3011\u534a\u5c0e\u4f53ETF\u3068\u306f\uff1f\u57fa\u790e\u77e5\u8b58\u30fb\u6ce8\u610f\u70b9\u304b\u3089\u65e5\u7c73\u304a\u3059\u3059\u308110\u9078\u307e\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac<\/h2>\n<h3 data-path-to-node=\"1\">\u301c\u57fa\u790e\u77e5\u8b58\u304b\u3089\u30ea\u30b9\u30af\u7ba1\u7406\u3001\u65e5\u7c73\u4e3b\u898110\u9298\u67c4\u306e\u6df1\u6398\u308a\u3001\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u898b\u6975\u3081\u65b9\u307e\u3067\u301c<\/h3>\n<h2 data-path-to-node=\"3\">\u306f\u3058\u3081\u306b\uff1a\u306a\u305c\u4eca\u3001\u534a\u5c0e\u4f53\u6295\u8cc7\u306a\u306e\u304b\uff1f<\/h2>\n<p data-path-to-node=\"4\">21\u4e16\u7d00\u306e\u7523\u696d\u306b\u304a\u3044\u3066\u3001<strong>\u534a\u5c0e\u4f53\u306f\u300c\u7523\u696d\u306e\u30b3\u30e1\u300d\u3092\u8d85\u3048\u3066\u300c\u793e\u4f1a\u306e\u982d\u8133\u300d\u3078\u3068\u9032\u5316\u3092\u9042\u3052\u307e\u3057\u305f<\/strong>\u3002\u304b\u3064\u3066\u306f\u30d1\u30fc\u30bd\u30ca\u30eb\u30b3\u30f3\u30d4\u30e5\u30fc\u30bf\u3084\u5bb6\u5ead\u7528\u30b2\u30fc\u30e0\u6a5f\u306e\u58f2\u308c\u884c\u304d\u306b\u4f9d\u5b58\u3057\u3066\u3044\u305f\u534a\u5c0e\u4f53\u5e02\u5834\u3067\u3059\u304c\u3001\u73fe\u4ee3\u306b\u304a\u3044\u3066\u306f\u4eba\u5de5\u77e5\u80fd\uff08AI\uff09\u3001\u81ea\u52d5\u904b\u8ee2\u8eca\u30015G\/6G\u6b21\u4e16\u4ee3\u901a\u4fe1\u3001\u305d\u3057\u3066\u4e16\u754c\u4e2d\u3092\u7db2\u7f85\u3059\u308b\u30af\u30e9\u30a6\u30c9\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u306b\u3044\u305f\u308b\u307e\u3067\u3001\u3042\u3089\u3086\u308b\u6700\u5148\u7aef\u30a4\u30f3\u30d5\u30e9\u306e\u57fa\u76e4\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"5\">\u300c\u30c7\u30fc\u30bf\u304c\u3042\u308b\u3068\u3053\u308d\u3001\u5fc5\u305a\u534a\u5c0e\u4f53\u304c\u5fc5\u8981\u306b\u306a\u308b\u300d\u3068\u8a00\u308f\u308c\u308b\u73fe\u4ee3\u3001\u534a\u5c0e\u4f53\u306f\u4e00\u56fd\u306e\u7d4c\u6e08\u6210\u9577\u306e\u307f\u306a\u3089\u305a\u3001\u56fd\u5bb6\u306e\u5b89\u5168\u4fdd\u969c\u3092\u3082\u5de6\u53f3\u3059\u308b\u6226\u7565\u7269\u8cc7\u3068\u306a\u308a\u307e\u3057\u305f\u3002\u3053\u306e\u7206\u767a\u7684\u306a\u6210\u9577\u30bb\u30af\u30bf\u30fc\u306e\u6069\u6075\u3092\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u6700\u3082\u52b9\u7387\u7684\u3001\u304b\u3064\u5b89\u5168\u306b\u4eab\u53d7\u3067\u304d\u308b\u624b\u6bb5\u304c\u300c\u534a\u5c0e\u4f53ETF\uff08\u4e0a\u5834\u6295\u8cc7\u4fe1\u8a17\uff09\u300d\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"6\">\u672c\u8a18\u4e8b\u3067\u306f\u3001\u534a\u5c0e\u4f53ETF\u306e\u57fa\u790e\u304b\u3089\u3001\u500b\u5225\u682a\u6295\u8cc7\u3068\u306e\u9055\u3044\u3001\u7d76\u5bfe\u306b\u907f\u3051\u3066\u306f\u901a\u308c\u306a\u3044\u30ea\u30b9\u30af\u3068\u6ce8\u610f\u70b9\u3001\u65e5\u7c73\u5e02\u5834\u304b\u3089\u53b3\u9078\u3057\u305f\u304a\u3059\u3059\u308110\u9298\u67c4\u306e\u5fb9\u5e95\u6bd4\u8f03\u3001\u305d\u3057\u3066\u696d\u754c\u306e\u69cb\u9020\uff08\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\uff09\u3084\u666f\u6c17\u5faa\u74b0\uff08\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\uff09\u3092\u8aad\u307f\u89e3\u304f\u305f\u3081\u306e\u5c02\u9580\u77e5\u8b58\u307e\u3067\u3001\u5727\u5012\u7684\u306a\u60c5\u5831\u91cf\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac\u3057\u307e\u3059\u3002\u6295\u8cc7\u521d\u5fc3\u8005\u304b\u3089\u3001\u4e00\u6b69\u8e0f\u307f\u8fbc\u3093\u3060\u6226\u7565\u3092\u77e5\u308a\u305f\u3044\u4e2d\u7d1a\u8005\u307e\u3067\u3001\u30d0\u30a4\u30d6\u30eb\u3068\u3057\u3066\u3054\u6d3b\u7528\u3044\u305f\u3060\u3051\u308b\u5185\u5bb9\u3067\u3059\u3002<\/p>\n<div>\n<div class=\"attention a-1\">\n<p style=\"text-align: left;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg\" alt=\"\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\" width=\"110\" height=\"110\" class=\"wp-image-2102 alignnone\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg 700w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-300x300.jpg 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-150x150.jpg 150w\" sizes=\"(max-width: 110px) 100vw, 110px\" \/>\u3000<strong>\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\u3000<\/strong><br \/>\n<span style=\"font-size: 10pt;\"><a href=\"https:\/\/official.gfs.tokyo\/\">GFS<\/a>\u6821\u9577\u3002CFP\u00ae\u30021\u7d1a\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30d7\u30e9\u30f3\u30cb\u30f3\u30b0\u6280\u80fd\u58eb(\u8cc7\u7523\u8a2d\u8a08\u63d0\u6848\u696d\u52d9)\u3002<a href=\"https:\/\/www.jafp.or.jp\/\">\u65e5\u672cFP\u5354\u4f1a<\/a>\u4f1a\u54e1\u3002\u65e5\u672cFP\u5b66\u4f1a\u4f1a\u54e1\u3002\u00a0<a href=\"https:\/\/mba.globis.ac.jp\/\">\u30b0\u30ed\u30fc\u30d3\u30b9\u7d4c\u55b6\u5927\u5b66\u9662<\/a>\u4fee\u4e86(MBA\/\u7d4c\u55b6\u5b66\u4fee\u58eb)\u3002<\/span><br \/>\n<span style=\"font-size: 10pt;\">\u65e5\u672c\u306eFP\u306e\u5148\u99c6\u8005\u3068\u3057\u3066\u8cc7\u7523\u904b\u7528\u306e\u5553\u8499\u306b\u5f93\u4e8b\u3002\u30bd\u30d5\u30c8\u30d0\u30f3\u30af\u30b0\u30eb\u30fc\u30d7\u304c\u5275\u8a2d\u3057\u305f\u79c1\u7acb<a href=\"https:\/\/www.cyber-u.ac.jp\/teacher\/ichikawa_yuichiro.html\">\u30b5\u30a4\u30d0\u30fc\u5927\u5b66<\/a>\u3067\u6559\u97ad\u3092\u57f7\u308b\u307b\u304b\u3001\u8b1b\u6f14\u4f9d\u983c\u3001\u30e1\u30c7\u30a3\u30a2\u51fa\u6f14\u3082\u591a\u6570\u3002\u8457\u66f8\u306b<a href=\"https:\/\/www.amazon.co.jp\/%E6%8A%95%E8%B3%87%E3%81%A7%E5%88%A9%E7%9B%8A%E3%82%92%E5%87%BA%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B%E4%BA%BA%E3%81%9F%E3%81%A1%E3%81%8C%E5%A4%A7%E4%BA%8B%E3%81%AB%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B-45%E3%81%AE%E6%95%99%E3%81%88-%E5%B8%82%E5%B7%9D-%E9%9B%84%E4%B8%80%E9%83%8E\/dp\/4532358825\">\u300c\u6295\u8cc7\u3067\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u4eba\u305f\u3061\u304c\u5927\u4e8b\u306b\u3057\u3066\u3044\u308b 45\u306e\u6559\u3048\u300d\uff08\u65e5\u672c\u7d4c\u6e08\u65b0\u805e\u51fa\u7248\uff09<\/a><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 10pt;\">\u516c\u5f0fX \u30a2\u30ab\u30a6\u30f3\u30c8\u3000<a href=\"https:\/\/twitter.com\/ichikawa_toushi\">\u5e02\u5ddd\u96c4\u4e00\u90ce@\u304a\u91d1\u306e\u5b66\u6821 \u6821\u9577<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"8\">1. \u534a\u5c0e\u4f53ETF\u306e\u6982\u8981\u3068\u500b\u5225\u682a\u6295\u8cc7\u306b\u5bfe\u3059\u308b\u5727\u5012\u7684\u306a\u512a\u4f4d\u6027<\/h2>\n<h3 data-path-to-node=\"9\">\u534a\u5c0e\u4f53ETF\u3068\u306f\u4f55\u304b\uff1f<\/h3>\n<p data-path-to-node=\"10\">ETF\uff08Exchange Traded Fund\uff1a\u4e0a\u5834\u6295\u8cc7\u4fe1\u8a17\uff09\u3068\u306f\u3001\u8a3c\u5238\u53d6\u5f15\u6240\u306b\u4e0a\u5834\u3057\u3066\u3044\u308b\u6295\u8cc7\u4fe1\u8a17\u306e\u3053\u3068\u3067\u3059\u3002\u4e00\u822c\u7684\u306a\u6295\u8cc7\u4fe1\u8a17\u306e\u3088\u3046\u306b\u300c1\u3064\u306e\u5546\u54c1\u3092\u8cb7\u3046\u3060\u3051\u3067\u6570\u5341\u306e\u4f01\u696d\u306b\u5206\u6563\u6295\u8cc7\u304c\u3067\u304d\u308b\u300d\u3068\u3044\u3046\u30ea\u30b9\u30af\u5206\u6563\u52b9\u679c\u3092\u6301\u3061\u306a\u304c\u3089\u3001\u500b\u5225\u682a\u5f0f\u3068\u540c\u3058\u3088\u3046\u306b\u300c\u5e02\u5834\u304c\u958b\u3044\u3066\u3044\u308b\u6642\u9593\u306a\u3089\u3044\u3064\u3067\u3082\u30ea\u30a2\u30eb\u30bf\u30a4\u30e0\u306e\u4fa1\u683c\u3067\u58f2\u8cb7\u3067\u304d\u308b\u300d\u3068\u3044\u3046\u9ad8\u3044\u6a5f\u52d5\u6027\u3092\u517c\u306d\u5099\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"11\">\u3064\u307e\u308a\u300c\u534a\u5c0e\u4f53ETF\u300d\u3092\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u7d44\u307f\u5165\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u4e16\u754c\u306e\u30c8\u30c3\u30d7\u3092\u8d70\u308b\u534a\u5c0e\u4f53\u95a2\u9023\u4f01\u696d\u306e\u4e00\u7fa4\u3092\u3001<strong>\u4e38\u3054\u3068\u30d1\u30c3\u30b1\u30fc\u30b8\u3067\u8cb7\u3044\u4ed8\u3051\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002<\/strong><\/p>\n<h3 data-path-to-node=\"12\">\u521d\u5fc3\u8005\u307b\u3069\u500b\u5225\u682a\u3067\u306f\u306a\u304f\u300cETF\u300d\u3092\u9078\u3076\u3079\u304d3\u3064\u306e\u7406\u7531<\/h3>\n<p data-path-to-node=\"13\">\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306e\u6210\u9577\u306b\u6295\u8cc7\u3059\u308b\u969b\u3001\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\uff08NVIDIA\uff09\u3084\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\u3068\u3044\u3063\u305f\u7279\u5b9a\u306e\u6709\u540d\u4f01\u696d\u306e\u682a\u3092\u76f4\u63a5\u8cfc\u5165\u3059\u308b\u300c\u500b\u5225\u682a\u6295\u8cc7\u300d\u3068\u3044\u3046\u9078\u629e\u80a2\u3082\u3042\u308a\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u7279\u306b\u521d\u5fc3\u8005\u3084\u3001\u65e5\u3005\u306e\u6280\u8853\u30cb\u30e5\u30fc\u30b9\u306b\u4ed8\u304d\u3063\u5207\u308a\u306b\u306a\u308c\u306a\u3044\u6295\u8cc7\u5bb6\u306b\u306f\u3001ETF\u3092\u5f37\u304f\u63a8\u5968\u3057\u307e\u3059\u3002\u305d\u306e\u7406\u7531\u306f\u4e3b\u306b3\u3064\u3042\u308a\u307e\u3059\u3002<\/p>\n<h4 data-path-to-node=\"14\">\u2460 \u30c9\u30c3\u30b0\u30a4\u30e4\u30fc\uff08\u9032\u5316\u306e\u901f\u3055\uff09\u306b\u3088\u308b\u8987\u6a29\u4e89\u3044\u306e\u30ea\u30b9\u30af\u3092\u56de\u907f\u3067\u304d\u308b<\/h4>\n<p data-path-to-node=\"15\">\u534a\u5c0e\u4f53\u696d\u754c\u306e\u6280\u8853\u9769\u65b0\u306f\u300c\u30c9\u30c3\u30b0\u30a4\u30e4\u30fc\uff08\u4eba\u9593\u306e7\u500d\u306e\u901f\u5ea6\u3067\u6642\u9593\u304c\u9032\u3080\uff09\u300d\u3068\u547c\u3070\u308c\u308b\u307b\u3069\u6fc0\u70c8\u3067\u3059\u3002\u73fe\u5728\u3001AI\u534a\u5c0e\u4f53\u3067\u7d76\u5bfe\u7684\u306a\u8987\u6a29\u3092\u63e1\u3063\u3066\u3044\u308b\u4f01\u696d\u3067\u3042\u3063\u3066\u3082\u30013\u5e74\u5f8c\u30015\u5e74\u5f8c\u306b\u6b21\u4e16\u4ee3\u306e\u30a2\u30fc\u30ad\u30c6\u30af\u30c1\u30e3\uff08\u8a2d\u8a08\u69cb\u9020\uff09\u3092\u6301\u3064\u65b0\u8208\u52e2\u529b\u306b\u30b7\u30a7\u30a2\u3092\u596a\u308f\u308c\u3066\u3044\u308b\u53ef\u80fd\u6027\u306f\u5426\u5b9a\u3067\u304d\u307e\u305b\u3093\u3002\u904e\u53bb\u306b\u3082\u3001CPU\u306e\u7d76\u5bfe\u738b\u8005\u3060\u3063\u305f\u4f01\u696d\u304c\u30e2\u30d0\u30a4\u30eb\u5411\u3051\u3084\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u5411\u3051\u3067\u82e6\u6226\u3092\u5f37\u3044\u3089\u308c\u308b\u3068\u3044\u3063\u305f\u5730\u6bbb\u5909\u52d5\u304c\u4f55\u5ea6\u3082\u8d77\u304d\u3066\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"15\">\u500b\u5225\u682a\u306e\u5834\u5408\u3001\u6295\u8cc7\u3057\u305f1\u793e\u304c\u6280\u8853\u7af6\u4e89\u306b\u6557\u5317\u3059\u308c\u3070\u8cc7\u7523\u306f\u5927\u304d\u304f\u6bc0\u640d\u3057\u307e\u3059\u304c\u3001ETF\u3067\u3042\u308c\u3070\u5e02\u5834\u306e\u5909\u5316\u306b\u5fdc\u3058\u3066\u6307\u6570\uff08\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff09\u304c\u69cb\u6210\u9298\u67c4\u3092\u81ea\u52d5\u7684\u306b\u5165\u308c\u66ff\u3048\u3066\u304f\u308c\u308b\u305f\u3081\u3001\u5e38\u306b\u300c\u696d\u754c\u5168\u4f53\u306e\u6210\u9577\u300d\u306b\u4e57\u308a\u7d9a\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<h4 data-path-to-node=\"16\">\u2461 \u83ab\u5927\u306a\u6700\u4f4e\u6295\u8cc7\u91d1\u984d\u3092\u5927\u5e45\u306b\u6291\u3048\u3089\u308c\u308b<\/h4>\n<p data-path-to-node=\"17\">\u65e5\u672c\u306e\u682a\u5f0f\u5e02\u5834\u306b\u304a\u3044\u3066\u3001\u4e16\u754c\u5c48\u6307\u306e\u6280\u8853\u529b\u3092\u6301\u3064\u534a\u5c0e\u4f53\u88fd\u9020\u88c5\u7f6e\u30e1\u30fc\u30ab\u30fc\uff08\u30c7\u30a3\u30b9\u30b3\u3001\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8\u3001\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\u306a\u3069\uff09\u306b\u6295\u8cc7\u3057\u3088\u3046\u3068\u3059\u308b\u3068\u3001\u65e5\u672c\u306e\u4f1d\u7d71\u7684\u306a\u53d6\u5f15\u30eb\u30fc\u30eb\u3067\u3042\u308b\u300c100\u682a\u5358\u4f4d\uff08\u5358\u5143\u682a\uff09\u300d\u306e\u58c1\u306b\u3076\u3064\u304b\u308a\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u9298\u67c4\u306f1\u682a\u3042\u305f\u308a\u306e\u4fa1\u683c\uff08\u682a\u4fa1\uff09\u304c\u9ad8\u3044\u3044\u308f\u3086\u308b\u300c\u5024\u304c\u3055\u682a\u300d\u304c\u591a\u304f\u30011\u5358\u5143\u3092\u8cfc\u5165\u3059\u308b\u3060\u3051\u3067\u6570\u767e\u4e07\u5186\u306e\u307e\u3068\u307e\u3063\u305f\u8cc7\u91d1\u304c\u5fc5\u8981\u306b\u306a\u308b\u30b1\u30fc\u30b9\u304c\u591a\u3005\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"17\">\u4e00\u65b9\u3001\u534a\u5c0e\u4f53ETF\u3067\u3042\u308c\u3070\u3001\u6771\u8a3c\u4e0a\u5834\u306e\u3082\u306e\u3067\u3042\u308c\u3070\u6570\u5343\u5186\u301c\u6570\u4e07\u5186\u3001\u7c73\u56fd\u4e0a\u5834\u306e\u3082\u306e\u3067\u3082\u6570\u4e07\u5186\u7a0b\u5ea6\u3068\u3044\u3046\u3001\u5c11\u984d\u306e\u539f\u8cc7\u304b\u3089\u4e16\u754c\u6700\u9ad8\u5cf0\u306e\u4f01\u696d\u7fa4\u3078\u306e\u30a2\u30d7\u30ed\u30fc\u30c1\u304c\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h4 data-path-to-node=\"18\">\u2462 \u81ea\u52d5\u7684\u306a\u300c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u4ee3\u8b1d\uff08\u30ea\u30d0\u30e9\u30f3\u30b9\uff09\u300d\u304c\u884c\u308f\u308c\u308b<\/h4>\n<p data-path-to-node=\"19\">ETF\u304c\u9023\u52d5\u3092\u76ee\u6307\u3059\u5404\u7a2e\u6307\u6570\u306f\u3001\u5b9a\u671f\u7684\u306b\u69cb\u6210\u9298\u67c4\u306e\u898b\u76f4\u3057\u3092\u884c\u3044\u307e\u3059\u3002\u696d\u7e3e\u304c\u60aa\u5316\u3057\u6642\u4fa1\u7dcf\u984d\u304c\u7e2e\u5c0f\u3057\u305f\u4f01\u696d\u306f\u81ea\u52d5\u7684\u306b\u9664\u5916\u3001\u3042\u308b\u3044\u306f\u6bd4\u7387\u3092\u4e0b\u3052\u3089\u308c\u3001\u9006\u306b\u65b0\u3057\u304f\u53f0\u982d\u3057\u3066\u304d\u305f\u9ad8\u6210\u9577\u4f01\u696d\u304c\u7d44\u307f\u5165\u308c\u3089\u308c\u307e\u3059\u3002\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u4f01\u696d\u306e\u6c7a\u7b97\u66f8\u3092\u591c\u901a\u3057\u8aad\u307f\u8fbc\u307f\u3001\u6ce3\u304f\u6ce3\u304f\u640d\u5207\u308a\u3092\u3057\u3066\u9298\u67c4\u3092\u8cb7\u3044\u63db\u3048\u308b\u3068\u3044\u3063\u305f\u7cbe\u795e\u7684\u30fb\u6642\u9593\u7684\u30b3\u30b9\u30c8\u3092\u3001ETF\u304c\u3059\u3079\u3066\u4ee3\u884c\u3057\u3066\u304f\u308c\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"21\">2. \u534a\u5c0e\u4f53ETF\u6295\u8cc7\u3067\u5fc5\u305a\u300c\u6c17\u3092\u3064\u3051\u308b\u3079\u304d\u300d\u30ea\u30b9\u30af\u3068\u7f60<\/h2>\n<p data-path-to-node=\"22\">\u534a\u5c0e\u4f53ETF\u306f\u3001\u904e\u53bb\u6570\u5e74\u9593\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306b\u304a\u3044\u3066\u5168\u30bb\u30af\u30bf\u30fc\u306e\u4e2d\u3067\u3082\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u53e9\u304d\u51fa\u3057\u3066\u304d\u307e\u3057\u305f\u304c\u3001\u305d\u308c\u306f\u300c\u6975\u3081\u3066\u9ad8\u3044\u30ea\u30b9\u30af\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff09\u300d\u306e\u88cf\u8fd4\u3057\u3067\u3042\u308b\u3053\u3068\u3092\u5fd8\u308c\u3066\u306f\u306a\u308a\u307e\u305b\u3093\u3002\u5e02\u5834\u306e\u83ef\u3084\u304b\u3055\u306b\u76ee\u3092\u596a\u308f\u308c\u3001\u5b89\u6613\u306b\u8cc7\u91d1\u3092\u5168\u984d\u6295\u5165\u3059\u308b\u3068\u3001\u53d6\u308a\u8fd4\u3057\u306e\u3064\u304b\u306a\u3044\u640d\u5931\u3092\u88ab\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"23\">\u2460 \u5bb9\u8d66\u306e\u306a\u3044\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u4fa1\u683c\u5909\u52d5\u5e45\uff09\u3078\u306e\u899a\u609f<\/h3>\n<p data-path-to-node=\"24\">\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306e\u682a\u4fa1\u306f\u3001\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3084\u7c73\u56fd\u306eS&amp;P500\u3068\u3044\u3063\u305f\u5168\u4f53\u5e02\u5834\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306b\u6bd4\u3079\u3066\u3001\u5024\u52d5\u304d\u304c\u6975\u3081\u3066\u6fc0\u3057\u3044\uff08\u30d9\u30fc\u30bf\u5024\u304c\u9ad8\u3044\uff09\u3068\u3044\u3046\u7279\u5fb4\u304c\u3042\u308a\u307e\u3059\u3002\u5e02\u5834\u304c\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u306b\u3042\u308b\u3068\u304d\u306f\u3001\u5168\u4f53\u5e02\u5834\u3092\u5927\u304d\u304f\u30a2\u30a6\u30c8\u30d1\u30d5\u30a9\u30fc\u30e0\u3059\u308b\u7206\u767a\u529b\u3092\u898b\u305b\u307e\u3059\u304c\u3001\u9006\u306b\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u6e1b\u901f\u3001\u91d1\u5229\u306e\u4e0a\u6607\u3001\u3042\u308b\u3044\u306f\u7c73\u4e2d\u5bfe\u7acb\u306b\u4ee3\u8868\u3055\u308c\u308b\u5730\u653f\u5b66\u30ea\u30b9\u30af\uff08\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u5206\u65ad\u61f8\u5ff5\uff09\u304c\u8868\u9762\u5316\u3059\u308b\u3068\u3001\u308f\u305a\u304b\u6570\u9031\u9593\u3067\u682a\u4fa1\u304c20%\u301c30%\u4ee5\u4e0a\u3082\u3042\u3063\u3055\u308a\u3068\u6025\u843d\u3059\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ul data-path-to-node=\"25\">\n<li>\n<p data-path-to-node=\"25,0,0\"><b data-path-to-node=\"25,0,0\" data-index-in-node=\"0\">\u5bfe\u7b56\uff1a<\/b> \u534a\u5c0e\u4f53ETF\u3092\u8cc7\u7523\u904b\u7528\u306e\u30e1\u30a4\u30f3\uff08\u30b3\u30a2\u8cc7\u7523\uff09\u306b\u3057\u3066\u306f\u3044\u3051\u307e\u305b\u3093\u3002\u5168\u4e16\u754c\u682a\u5f0f\uff08\u30aa\u30eb\u30ab\u30f3\uff09\u3084S&amp;P500\u3068\u3044\u3063\u305f\u5e83\u304f\u5206\u6563\u3055\u308c\u305f\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u3092\u8cc7\u7523\u306e\u300c\u30b3\u30a2\u300d\u3068\u3057\u30667\u301c8\u5272\u4ee5\u4e0a\u78ba\u4fdd\u3057\u305f\u4e0a\u3067\u3001\u534a\u5c0e\u4f53ETF\u306f\u3042\u304f\u307e\u3067\u30ea\u30bf\u30fc\u30f3\u3092\u5411\u4e0a\u3055\u305b\u308b\u305f\u3081\u306e\u300c\u30b5\u30c6\u30e9\u30a4\u30c8\uff08\u653b\u3081\u306e\u8cc7\u7523\uff09\u300d\u3068\u3057\u3066\u3001\u5168\u8cc7\u7523\u306e5%\u301c15%\u7a0b\u5ea6\u306b\u3068\u3069\u3081\u308b\u306e\u304c\u5065\u5168\u306a\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u9244\u5247\u3067\u3059\u3002<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"26\">\u2461 \u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u546a\u7e1b<\/h3>\n<p data-path-to-node=\"27\">\u534a\u5c0e\u4f53\u7523\u696d\u306b\u306f\u3001\u53e4\u304f\u304b\u3089\u7d043\u301c4\u5e74\u306e\u5468\u671f\u3067\u597d\u666f\u6c17\u3068\u4e0d\u666f\u6c17\u3092\u7e70\u308a\u8fd4\u3059\u300c\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u300d\u304c\u5b58\u5728\u3057\u307e\u3059\u3002\u4f01\u696d\u306e\u65fa\u76db\u306a\u9700\u8981\u306b\u5bfe\u3057\u3066\u5de5\u5834\u306e\u4f9b\u7d66\u304c\u8ffd\u3044\u3064\u304b\u306a\u3044\u300c\u5728\u5eab\u4e0d\u8db3\u30fb\u4fa1\u683c\u9ad8\u9a30\uff08\u597d\u6cc1\uff09\u300d\u306e\u6642\u671f\u304c\u7d9a\u304f\u3068\u3001\u5404\u793e\u306f\u4e00\u6589\u306b\u5de8\u984d\u306e\u6295\u8cc7\u3092\u884c\u3063\u3066\u5de5\u5834\u3092\u5897\u8a2d\u3057\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u5de5\u5834\u304c\u5b8c\u6210\u3057\u3066\u7a3c\u50cd\u3092\u59cb\u3081\u308b\u9803\u306b\u306f\u9700\u8981\u304c\u4e00\u5de1\u3057\u3066\u304a\u308a\u3001\u4eca\u5ea6\u306f\u300c\u5728\u5eab\u904e\u5270\u30fb\u4fa1\u683c\u66b4\u843d\uff08\u4e0d\u6cc1\uff09\u300d\u306b\u9665\u308b\u3068\u3044\u3046\u30e1\u30ab\u30cb\u30ba\u30e0\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"27\">\u8fd1\u5e74\u306fAI\u9700\u8981\u304c\u7206\u767a\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u5f93\u6765\u306e\u30b5\u30a4\u30af\u30eb\u304c\u5909\u5247\u7684\u30fb\u9577\u671f\u5316\u3057\u3066\u3044\u308b\uff08\u30b9\u30fc\u30d1\u30fc\u30b5\u30a4\u30af\u30eb\u5316\u3057\u3066\u3044\u308b\uff09\u3068\u306e\u898b\u65b9\u3082\u3042\u308a\u307e\u3059\u304c\u3001\u8a2d\u5099\u6295\u8cc7\u306e\u30bf\u30a4\u30e0\u30e9\u30b0\u306b\u3088\u308b\u696d\u7e3e\u306e\u6ce2\u3068\u3044\u3046\u672c\u8cea\u7684\u306a\u69cb\u9020\u306f\u5909\u308f\u3063\u3066\u3044\u307e\u305b\u3093\u3002\u5929\u4e95\u3067\u8cb7\u3063\u3066\u3057\u307e\u3044\u3001\u30b5\u30a4\u30af\u30eb\u304c\u51ac\u306e\u6642\u4ee3\u306b\u7a81\u5165\u3059\u308b\u3068\u3001\u6570\u5e74\u9593\u306f\u542b\u307f\u640d\u306b\u8010\u3048\u308b\u65e5\u3005\u304c\u7d9a\u304f\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"28\">\u2462 \u4fdd\u6709\u30b3\u30b9\u30c8\uff08\u4fe1\u8a17\u5831\u916c\uff09\u306e\u5dee<\/h3>\n<p data-path-to-node=\"29\">ETF\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u671f\u9593\u4e2d\u3001\u6295\u8cc7\u5bb6\u306f\u300c\u4fe1\u8a17\u5831\u916c\u300d\u3068\u547c\u3070\u308c\u308b\u7ba1\u7406\u8cbb\u7528\u3092\u9593\u63a5\u7684\u306b\u652f\u6255\u3044\u7d9a\u3051\u307e\u3059\u3002\u5168\u4e16\u754c\u682a\u5f0f\u306a\u3069\u306e\u8d85\u4f4e\u30b3\u30b9\u30c8\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u306e\u4fe1\u8a17\u5831\u916c\u304c\u5e74\u73870.1%\u3092\u5272\u308a\u8fbc\u3080\u6c34\u6e96\uff080.05%\u301c0.09%\u306a\u3069\uff09\u306b\u9054\u3057\u3066\u3044\u308b\u73fe\u4ee3\u306b\u304a\u3044\u3066\u3001\u534a\u5c0e\u4f53\u306e\u3088\u3046\u306a\u7279\u5b9a\u306e\u30c6\u30fc\u30de\u306b\u7279\u5316\u3057\u305fETF\u306f\u3001\u5e74\u73870.3%\u301c0.4%\u524d\u5f8c\u3068\u3084\u3084\u9ad8\u3081\u306b\u8a2d\u5b9a\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"29\">0.3%\u3068\u3044\u3046\u6570\u5b57\u306f\u4e00\u898b\u5c0f\u3055\u304f\u601d\u3048\u307e\u3059\u304c\u300110\u5e74\u300120\u5e74\u3068\u3044\u3063\u305f\u9577\u671f\u306e\u30b9\u30d1\u30f3\u3067\u898b\u305f\u5834\u5408\u3001\u8907\u5229\u306e\u52b9\u679c\u306b\u3088\u3063\u3066\u6700\u7d42\u7684\u306a\u30ea\u30bf\u30fc\u30f3\u306b\u7121\u8996\u3067\u304d\u306a\u3044\u5dee\u3092\u751f\u307f\u51fa\u3057\u307e\u3059\u3002\u7279\u306b\u540c\u3058\u3088\u3046\u306a\u6307\u6570\u306b\u9023\u52d5\u3059\u308bETF\u3067\u3042\u308c\u3070\u3001\u6975\u529b\u30b3\u30b9\u30c8\u306e\u4f4e\u3044\u9298\u67c4\u3092\u9078\u3076\u8996\u70b9\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"30\">\u2463 \u30ec\u30d0\u30ec\u30c3\u30b8\u578b\uff08\u30d6\u30eb\u30fb\u30d9\u30a2\uff09ETF\u306b\u6f5c\u3080\u300c\u6e1b\u4fa1\u300d\u306e\u7f60<\/h3>\n<p data-path-to-node=\"31\">SNS\u3084\u6295\u8cc7\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u3067\u3057\u3070\u3057\u3070\u8a71\u984c\u306b\u306a\u308b\u306e\u304c\u3001\u534a\u5c0e\u4f53\u6307\u6570\u306e\u65e5\u3005\u306e\u5024\u52d5\u304d\u306e\u300c3\u500d\u300d\u306b\u9023\u52d5\u3059\u308b\u30ec\u30d0\u30ec\u30c3\u30b8\u578bETF\uff08\u4ee3\u8868\u4f8b\uff1aSOXL\uff09\u3067\u3059\u3002\u4e0a\u6607\u76f8\u5834\u306b\u4e57\u3063\u305f\u3068\u304d\u306e\u5229\u76ca\u306f\u51c4\u307e\u3058\u304f\u3001\u77ed\u671f\u9593\u3067\u8cc7\u7523\u3092\u6570\u500d\u306b\u3059\u308b\u9b45\u529b\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u3053\u306e\u624b\u306e\u5546\u54c1\u306b\u306f\u81f4\u547d\u7684\u306a\u69cb\u9020\u4e0a\u306e\u5f31\u70b9\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u308c\u306f\u300c\u6a2a\u3070\u3044\uff08\u63c9\u307f\u5408\u3044\uff09\u76f8\u5834\u306b\u304a\u3051\u308b\u6e1b\u4fa1\u300d\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"32\">\u30ec\u30d0\u30ec\u30c3\u30b8\u578bETF\u306f\u3001\u3042\u304f\u307e\u3067\u300c\u305d\u306e\u65e5\u306e\u5024\u52d5\u304d\u306e3\u500d\u300d\u306b\u306a\u308b\u3088\u3046\u6bce\u65e5\u30ea\u30d0\u30e9\u30f3\u30b9\u3055\u308c\u308b\u305f\u3081\u3001\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u305f\u308a\u4e0b\u304c\u3063\u305f\u308a\u3092\u7e70\u308a\u8fd4\u3059\u30ec\u30f3\u30b8\u76f8\u5834\u304c\u7d9a\u304f\u3068\u3001\u8907\u5229\u306e\u52b9\u679c\u306b\u3088\u3063\u3066\u6570\u5f0f\u4e0a\u3001\u57fa\u6e96\u4fa1\u984d\u304c\u5c11\u3057\u305a\u3064\u524a\u3089\u308c\u3066\u3044\u304d\u307e\u3059\uff08\u3053\u308c\u3092\u300c\u6e1b\u4fa1\u300d\u3068\u547c\u3073\u307e\u3059\uff09\u3002<\/p>\n<blockquote data-path-to-node=\"33\">\n<p data-path-to-node=\"33,0\"><b data-path-to-node=\"33,0\" data-index-in-node=\"0\">\u3010\u7c21\u5358\u306a\u6e1b\u4fa1\u306e\u4f8b\uff082\u500d\u30ec\u30d0\u30ec\u30c3\u30b8\u306e\u5834\u5408\uff09\u3011<\/b><\/p>\n<p data-path-to-node=\"33,0\">\u3042\u308b\u6307\u6570\u304c 100 \u2192 90\uff0810%\u4e0b\u843d\uff09 \u2192 100\uff0811.11%\u4e0a\u6607\uff09 \u3068\u52d5\u3044\u3066\u5143\u306e\u4fa1\u683c\u306b\u623b\u3063\u305f\u3068\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"33,0\">\u901a\u5e38\u3067\u3042\u308c\u3070\u30d7\u30e9\u30de\u30a4\u30bc\u30ed\u3067\u3059\u304c\u30012\u500d\u30ec\u30d0\u30ec\u30c3\u30b8\u306e\u30d5\u30a1\u30f3\u30c9\u306f\u3001<\/p>\n<p data-path-to-node=\"33,0\">100 \u2192 80\uff0820%\u4e0b\u843d\uff09 \u2192 97.77\uff0822.22%\u4e0a\u6607\uff09 \u3068\u306a\u308a\u3001\u5143\u306e\u6307\u6570\u304c\u623b\u3063\u3066\u3044\u308b\u306e\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u8cc7\u7523\u306f\u6e1b\u5c11\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u30023\u500d\u30ec\u30d0\u30ec\u30c3\u30b8\u3067\u3042\u308c\u3070\u3001\u3053\u306e\u50b7\u53e3\u306f\u3055\u3089\u306b\u5e83\u304c\u308a\u307e\u3059\u3002<\/p>\n<\/blockquote>\n<p data-path-to-node=\"34\">\u3057\u305f\u304c\u3063\u3066\u3001\u30ec\u30d0\u30ec\u30c3\u30b8\u534a\u5c0e\u4f53ETF\u306f\u300c\u6570\u5e74\u9593\u306e\u9577\u671f\u30ac\u30c1\u30db\uff08\u9577\u671f\u4fdd\u6709\uff09\u300d\u306b\u306f\u5168\u304f\u5411\u3044\u3066\u3044\u307e\u305b\u3093\u3002\u30c8\u30ec\u30f3\u30c9\u304c\u660e\u78ba\u306a\u4e00\u77ac\u3060\u3051\u3092\u5207\u308a\u53d6\u308b\u3001\u4e0a\u7d1a\u8005\u5411\u3051\u306e\u77ed\u671f\u6295\u6a5f\u30c4\u30fc\u30eb\u3067\u3042\u308b\u3053\u3068\u3092\u8a8d\u8b58\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<h2 data-path-to-node=\"36\">3. \u3010\u5fb9\u5e95\u6bd4\u8f03\u3011\u65e5\u7c73\u306e\u4e3b\u8981\u534a\u5c0e\u4f53ETF \u304a\u3059\u3059\u308110\u9078<\/h2>\n<p data-path-to-node=\"37\">\u534a\u5c0e\u4f53ETF\u306b\u6295\u8cc7\u3059\u308b\u5177\u4f53\u7684\u306a\u9078\u629e\u80a2\u3068\u3057\u3066\u3001\u4e16\u754c\u306e\u8987\u6a29\u4f01\u696d\u304c\u96c6\u307e\u308b\u300c\u7c73\u56fd\u5e02\u5834\u4e0a\u5834ETF\u300d\u304b\u30895\u9298\u67c4\u3001\u305d\u3057\u3066\u65e5\u672c\u5186\u3067\u624b\u8efd\u306b\u8cb7\u3048\u3066NISA\u3082\u6d3b\u7528\u3057\u3084\u3059\u3044\u300c\u65e5\u672c\uff08\u6771\u8a3c\uff09\u4e0a\u5834ETF\u300d\u304b\u30895\u9298\u67c4\u306e\u3001\u8a0810\u9298\u67c4\u3092\u53b3\u9078\u3057\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"38\">\u305d\u308c\u305e\u308c\u306e\u7d44\u5165\u6bd4\u7387\u306e\u8a08\u7b97\u30ed\u30b8\u30c3\u30af\u3084\u3001\u3069\u306e\u3088\u3046\u306a\u6295\u8cc7\u6226\u7565\u306b\u9069\u3057\u3066\u3044\u308b\u304b\u3092\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n<h3 data-path-to-node=\"39\">\u7c73\u56fd\u4e0a\u5834ETF\uff08\u4e16\u754c\u306e\u6700\u5148\u7aef\u30fb\u5de8\u5927\u4f01\u696d\u3078\u30a2\u30af\u30bb\u30b9\uff09<\/h3>\n<p data-path-to-node=\"40\">\u7c73\u56fd\u306e\u8a3c\u5238\u53e3\u5ea7\uff08\u307e\u305f\u306f\u56fd\u5185\u30cd\u30c3\u30c8\u8a3c\u5238\u306e\u5916\u56fd\u682a\u53e3\u5ea7\uff09\u3092\u901a\u3058\u3066\u8cfc\u5165\u3059\u308b\u3001\u4e16\u754c\u57fa\u6e96\u306e\u6d41\u52d5\u6027\u3068\u898f\u6a21\u3092\u8a87\u308bETF\u3067\u3059\u3002\u30c9\u30eb\u5efa\u3066\u3067\u306e\u904b\u7528\u3068\u306a\u308b\u305f\u3081\u3001\u70ba\u66ff\u30ea\u30b9\u30af\uff08\u5186\u9ad8\u30c9\u30eb\u5b89\u3067\u76ee\u6e1b\u308a\u3059\u308b\u30ea\u30b9\u30af\uff09\u306f\u3042\u308a\u307e\u3059\u304c\u3001\u4e16\u754c\u3092\u727d\u5f15\u3059\u308b\u4f01\u696d\u306e\u6210\u9577\u3092\u30c0\u30a4\u30ec\u30af\u30c8\u306b\u4eab\u53d7\u3067\u304d\u307e\u3059\u3002<\/p>\n<h4 data-path-to-node=\"41\">1. SMH\uff08\u30f4\u30a1\u30f3\u30a8\u30c3\u30af\u534a\u5c0e\u4f53ETF \/ VanEck Semiconductor ETF\uff09<\/h4>\n<ul data-path-to-node=\"42\">\n<li>\n<p data-path-to-node=\"42,0,0\"><b data-path-to-node=\"42,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> MVIS\u7c73\u682a\u534a\u5c0e\u4f5325\u30a4\u30f3\u30c7\u30c3\u30af\u30b9<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"42,1,0\"><b data-path-to-node=\"42,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.35% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"42,2,0\"><b data-path-to-node=\"42,2,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u7c73\u56fd\u306b\u4e0a\u5834\u3057\u3066\u3044\u308b\u534a\u5c0e\u4f53\u95a2\u9023\u4f01\u696d\u306e\u3046\u3061\u3001\u6642\u4fa1\u7dcf\u984d\u3068\u6d41\u52d5\u6027\u304c\u9ad8\u3044\u4e0a\u4f4d25\u793e\u3067\u69cb\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u6700\u5927\u306e\u7279\u5fb4\u306f\u300c\u7d14\u7c8b\u306a\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u300d\u306b\u8fd1\u3044\u5f62\u3067\u30a6\u30a8\u30a4\u30c8\u304c\u6c7a\u307e\u308b\u70b9\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001AI\u30d6\u30fc\u30e0\u306e\u4e3b\u5f79\u3067\u3042\u308b\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\uff08NVDA\uff09\u3084\u3001\u88fd\u9020\u3092\u72ec\u5360\u3059\u308b\u53f0\u6e7e\u306eTSMC\uff08ADR\uff09\u306e2\u793e\u3060\u3051\u3067\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e2\u5272\u301c2.5\u5272\u4ee5\u4e0a\u3092\u5360\u3081\u308b\u3053\u3068\u304c\u73cd\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"42,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-236\"><span data-path-to-node=\"42,3,0,0\"><b data-path-to-node=\"42,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u300c\u4eca\u306e\u30c8\u30ec\u30f3\u30c9\u306e\u4e2d\u5fc3\u306b\u3044\u308b\u6700\u5f37\u306e\u52dd\u8005\uff08\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u3084TSMC\u306a\u3069\uff09\u306b\u3001\u6700\u5927\u306e\u30a6\u30a8\u30a4\u30c8\u3092\u7f6e\u3044\u3066\u6700\u3082\u52b9\u7387\u7684\u306b\u30ea\u30bf\u30fc\u30f3\u3092\u8ffd\u3044\u6c42\u3081\u305f\u3044\u300d\u3068\u3044\u3046\u3001\u8089\u98df\u7cfb\u306e\u6210\u9577\u682a\u6295\u8cc7\u5bb6\u306b\u6700\u9069\u3067\u3059<\/span><span data-path-to-node=\"42,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"42,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"43\">2. SOXX\uff08i\u30b7\u30a7\u30a2\u30fc\u30ba\u534a\u5c0e\u4f53ETF \/ iShares Semiconductor ETF\uff09<\/h4>\n<ul data-path-to-node=\"44\">\n<li>\n<p data-path-to-node=\"44,0,0\"><b data-path-to-node=\"44,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> ICE\u534a\u5c0e\u4f53\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08\u203b\u65e7\u30d5\u30a3\u30e9\u30c7\u30eb\u30d5\u30a3\u30a2\u534a\u5c0e\u4f53\u682a\u6307\u6570\uff1aSOX\u6307\u6570\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"44,1,0\"><b data-path-to-node=\"44,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.34% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"44,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-237\"><span data-path-to-node=\"44,2,0,0\"><b data-path-to-node=\"44,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u4e16\u754c\u3067\u6700\u3082\u6709\u540d\u306a\u534a\u5c0e\u4f53\u6307\u6570\u3067\u3042\u308b\u300cSOX\u6307\u6570\u300d\u306e\u7cfb\u8b5c\u3092\u7d99\u3050\u3001\u6b74\u53f2\u3042\u308bETF\u3067\u3059\u3002\u69cb\u6210\u9298\u67c4\u306f30\u793e\u3002SMH\u3068\u306e\u6700\u5927\u306e\u9055\u3044\u306f\u3001\u300c1\u9298\u67c4\u3042\u305f\u308a\u306e\u7d44\u5165\u6bd4\u7387\u306b\u53b3\u683c\u306a\u4e0a\u9650\uff08\u30ad\u30e3\u30c3\u30d7\uff1a\u901a\u5e388%\u301c10%\u7a0b\u5ea6\uff09\u304c\u8a2d\u3051\u3089\u308c\u3066\u3044\u308b\u300d\u70b9\u3067\u3059<\/span><span data-path-to-node=\"44,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"44,2,0,2\">\u3002\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u304c\u3069\u308c\u307b\u3069\u6642\u4fa1\u7dcf\u984d\u3092\u62e1\u5927\u3057\u3066\u3082\u6bd4\u7387\u304c\u81ea\u52d5\u7684\u306b\u6291\u3048\u3089\u308c\u3001\u7a7a\u3044\u305f\u67a0\u304c\u30de\u30a4\u30af\u30ed\u30f3\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\uff08\u30e1\u30e2\u30ea\uff09\u3084AMD\u3001\u30d6\u30ed\u30fc\u30c9\u30b3\u30e0\u3068\u3044\u3063\u305f\u4ed6\u306e\u4e3b\u8981\u4f01\u696d\u306b\u914d\u5206\u3055\u308c\u307e\u3059<\/span><span data-path-to-node=\"44,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"44,2,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"44,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-238\"><span data-path-to-node=\"44,3,0,0\"><b data-path-to-node=\"44,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u300c\u7279\u5b9a\u306e\u8d85\u5de8\u5927\u4f01\u696d1\u793e\u306e\u6c7a\u7b97\u3084\u4e0d\u7965\u4e8b\u3067ETF\u5168\u4f53\u306e\u4fa1\u683c\u304c\u904e\u5ea6\u306b\u632f\u308a\u56de\u3055\u308c\u308b\u30ea\u30b9\u30af\u3092\u6291\u3048\u3064\u3064\u3001\u4e3b\u898130\u793e\u306b\u30d0\u30e9\u30f3\u30b9\u3088\u304f\u3001\u30de\u30a4\u30eb\u30c9\u306b\u5206\u6563\u6295\u8cc7\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u5b89\u5b9a\u5fd7\u5411\u306e\u6295\u8cc7\u5bb6\u5411\u3051\u3067\u3059<\/span><span data-path-to-node=\"44,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"44,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"45\">3. XSD\uff08SPDR S&amp;P \u534a\u5c0e\u4f53 ETF \/ SPDR S&amp;P Semiconductor ETF\uff09<\/h4>\n<ul data-path-to-node=\"46\">\n<li>\n<p data-path-to-node=\"46,0,0\"><b data-path-to-node=\"46,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> S&amp;P\u534a\u5c0e\u4f53\u30bb\u30ec\u30af\u30c8\u30fb\u30a4\u30f3\u30c0\u30b9\u30c8\u30ea\u30fc\u6307\u6570<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"46,1,0\"><b data-path-to-node=\"46,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.35% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"46,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-239\"><span data-path-to-node=\"46,2,0,0\"><b data-path-to-node=\"46,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u6307\u6570\u306e\u30a6\u30a8\u30a4\u30c8\u7b97\u5b9a\u6cd5\u306b\u300c\u5747\u7b49\u52a0\u91cd\u5e73\u5747\uff08Equal Weight\uff09\u300d\u3092\u63a1\u7528\u3057\u3066\u3044\u308b\u975e\u5e38\u306b\u30e6\u30cb\u30fc\u30af\u306aETF\u3067\u3059<\/span><span data-path-to-node=\"46,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"46,2,0,2\">\u3002\u6642\u4fa1\u7dcf\u984d\u304c\u6570\u5146\u30c9\u30eb\u306e\u30e1\u30ac\u30ad\u30e3\u30c3\u30d7\u4f01\u696d\u3082\u3001\u6642\u4fa1\u7dcf\u984d\u304c\u6bd4\u8f03\u7684\u5c0f\u3055\u306a\u4e2d\u5805\u534a\u5c0e\u4f53\u4f01\u696d\u3082\u3001\u5b9a\u671f\u7684\u306a\u30ea\u30d0\u30e9\u30f3\u30b9\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u306f\u3059\u3079\u3066\u300c\u307b\u307c\u540c\u3058\u6bd4\u7387\uff08\u7d043%\u305a\u3064\u306a\u3069\uff09\u300d\u306b\u30ea\u30bb\u30c3\u30c8\u3055\u308c\u307e\u3059<\/span><span data-path-to-node=\"46,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"46,2,0,4\">\u3002\u7d50\u679c\u3068\u3057\u3066\u3001\u4e2d\u5c0f\u578b\u534a\u5c0e\u4f53\u682a\u306e\u30a6\u30a8\u30a4\u30c8\u304c\u4ed6\u306eETF\u306b\u6bd4\u3079\u3066\u5287\u7684\u306b\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"46,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-240\"><span data-path-to-node=\"46,3,0,0\"><b data-path-to-node=\"46,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u300c\u6642\u4fa1\u7dcf\u984d\u306e\u5927\u304d\u3059\u304e\u308b\u4e0a\u4f4d\u9298\u67c4\u306f\u3001\u3059\u3067\u306b\u5e02\u5834\u306e\u671f\u5f85\u3092\u7e54\u308a\u8fbc\u307f\u3059\u304e\u3066\u5272\u9ad8\uff08\u30d0\u30d6\u30eb\uff09\u3067\u306f\u306a\u3044\u304b\u300d\u3068\u61f8\u5ff5\u3057\u3066\u3044\u308b\u4eba\u3001\u3042\u308b\u3044\u306f\u300c\u3053\u308c\u304b\u3089\u6b21\u306e10\u500d\u682a\uff08\u30de\u30eb\u30c1\u30d0\u30ac\u30fc\uff09\u306b\u306a\u308b\u3088\u3046\u306a\u3001\u96a0\u308c\u305f\u4e2d\u5805\u534a\u5c0e\u4f53\u682a\u306e\u7206\u767a\u529b\u306b\u671f\u5f85\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u3001\u4e00\u6b69\u9032\u3093\u3060\u9006\u5f35\u308a\u30fb\u5206\u6563\u3092\u72d9\u3044\u305f\u3044\u4eba\u5411\u3051\u3067\u3059<\/span><span data-path-to-node=\"46,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"46,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"47\">4. FTXL\uff08\u30d5\u30a1\u30fc\u30b9\u30c8\u30fb\u30c8\u30e9\u30b9\u30c8\u30fb\u30ca\u30b9\u30c0\u30c3\u30af\u30fb\u534a\u5c0e\u4f53\u30fbETF\uff09<\/h4>\n<ul data-path-to-node=\"48\">\n<li>\n<p data-path-to-node=\"48,0,0\"><b data-path-to-node=\"48,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> Nasdaq US Smart Semiconductor Index<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"48,1,0\"><b data-path-to-node=\"48,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.60% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"48,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-241\"><span data-path-to-node=\"48,2,0,0\"><b data-path-to-node=\"48,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u300c\u30b9\u30de\u30fc\u30c8\u30d9\u30fc\u30bf\u300d\u3068\u547c\u3070\u308c\u308b\u624b\u6cd5\u3092\u7528\u3044\u305fETF\u3067\u3059<\/span><span data-path-to-node=\"48,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"48,2,0,2\">\u3002\u5358\u306b\u6642\u4fa1\u7dcf\u984d\u304c\u5927\u304d\u3044\u9806\u306b\u4e26\u3079\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u4f01\u696d\u306e\u8ca1\u52d9\u5065\u5168\u6027\u3001\u682a\u4fa1\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\uff08\u5272\u5b89\u6027\uff09\u3001\u904e\u53bb\u306e\u6210\u9577\u7387\u3068\u3044\u3063\u305f\u8907\u6570\u306e\u30d5\u30a1\u30af\u30bf\u30fc\uff08\u8981\u7d20\uff09\u306b\u57fa\u3065\u3044\u3066\u30b9\u30b3\u30a2\u30ea\u30f3\u30b0\u3092\u884c\u3044\u3001\u305d\u306e\u30b9\u30b3\u30a2\u304c\u9ad8\u3044\u4f01\u696d\u306e\u6bd4\u7387\u3092\u9ad8\u3081\u308b\u4ed5\u7d44\u307f\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"48,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-242\"><span data-path-to-node=\"48,3,0,0\"><b data-path-to-node=\"48,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u30b3\u30b9\u30c8\u306f\u9ad8\u3081\u3067\u3059\u304c\u3001\u5e02\u5834\u306e\u904e\u71b1\u611f\uff08\u30d0\u30d6\u30eb\uff09\u3092\u6570\u7406\u7684\u306b\u6392\u9664\u3057\u3001\u5272\u5b89\u3067\u8cea\u306e\u9ad8\u3044\u534a\u5c0e\u4f53\u682a\u306b\u30b9\u30de\u30fc\u30c8\u306b\u6295\u8cc7\u3057\u305f\u3044\u3068\u3044\u3046\u30af\u30aa\u30f3\u30c4\u904b\u7528\u306e\u601d\u60f3\u3092\u597d\u3080\u6295\u8cc7\u5bb6\u306b\u5411\u3044\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"48,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"48,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"49\">5. SOXL\uff08Direxion \u30c7\u30a4\u30ea\u30fc \u534a\u5c0e\u4f53\u682a \u30d6\u30eb 3\u500d ETF\uff09<\/h4>\n<ul data-path-to-node=\"50\">\n<li>\n<p data-path-to-node=\"50,0,0\"><b data-path-to-node=\"50,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> ICE\u534a\u5c0e\u4f53\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u300c\u65e5\u3005\u306e\u5024\u52d5\u304d\u306e3\u500d\u300d<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"50,1,0\"><b data-path-to-node=\"50,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.95% \u524d\u5f8c\uff08\u975e\u5e38\u306b\u9ad8\u4fa1\u683c\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"50,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-243\"><span data-path-to-node=\"50,2,0,0\"><b data-path-to-node=\"50,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u524d\u8ff0\u3057\u305fSOXX\u306e\u4e2d\u8eab\uff08\u4e3b\u8981\u534a\u5c0e\u4f5330\u793e\uff09\u306e\u65e5\u3005\u306e\u5024\u52d5\u304d\u306b\u5bfe\u3057\u3066\u3001\u6b63\u78ba\u306b3\u500d\u306e\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u304b\u3051\u308b\u30cf\u30a4\u30d1\u30fc\u30cf\u30a4\u30ea\u30b9\u30af\u5546\u54c1\u3067\u3059<\/span><span data-path-to-node=\"50,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"50,2,0,2\">\u30021\u65e5\u3067\u682a\u4fa1\u304c10%\u4ee5\u4e0a\u4e71\u9ad8\u4e0b\u3059\u308b\u3053\u3068\u3082\u65e5\u5e38\u8336\u98ef\u4e8b\u3067\u3042\u308a\u3001\u4e0a\u6607\u5c40\u9762\u3067\u306e\u7206\u767a\u529b\u306f\u5168\u7c73\u56fdETF\u306e\u4e2d\u3067\u3082\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u3067\u3059\u304c\u3001\u4e0b\u843d\u5c40\u9762\u3067\u306e\u30c9\u30ed\u30fc\u30c0\u30a6\u30f3\uff08\u8cc7\u7523\u306e\u76ee\u6e1b\u308a\uff09\u3082\u7834\u6ec5\u7684\u3067\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"50,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-244\"><span data-path-to-node=\"50,3,0,0\"><b data-path-to-node=\"50,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u5148\u8ff0\u306e\u901a\u308a\u3001\u9577\u671f\u306e\u8cc7\u7523\u5f62\u6210\u306b\u306f\u7d76\u5bfe\u306b\u7d44\u307f\u5165\u308c\u3066\u306f\u3044\u3051\u307e\u305b\u3093\u3002\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u306b\u7fd2\u719f\u3057\u3001\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306e\u6570\u65e5\u9593\u301c\u6570\u9031\u9593\u898f\u6a21\u306e\u77ed\u671f\u7684\u306a\u5927\u5e95\u304b\u3089\u306e\u53cd\u767a\u30c8\u30ec\u30f3\u30c9\u3092\u5b8c\u74a7\u306b\u6349\u3048\u3089\u308c\u308b\u81ea\u4fe1\u306e\u3042\u308b\u30d7\u30ed\u5fd7\u5411\u306e\u30c8\u30ec\u30fc\u30c0\u30fc\u5c02\u7528\u3067\u3059<\/span><span data-path-to-node=\"50,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"50,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"52\">\u65e5\u672c\u5e02\u5834\uff08\u6771\u8a3c\uff09\u4e0a\u5834ETF\uff08\u624b\u8efd\u3055\u30fb\u5186\u5efa\u3066\u30fb\u65b0NISA\u6d3b\u7528\uff09<\/h3>\n<p data-path-to-node=\"53\" id=\"p-rc_1bbfcdf4b3c91a41-245\"><span data-path-to-node=\"53,0\">\u65e5\u672c\u306e\u8a3c\u5238\u53e3\u5ea7\u3067\u3001\u666e\u6bb5\u306e\u65e5\u672c\u682a\u3068\u540c\u3058\u53d6\u5f15\u30b7\u30b9\u30c6\u30e0\uff084\u6841\u306e\u9298\u67c4\u30b3\u30fc\u30c9\uff09\u3092\u7528\u3044\u3066\u8cfc\u5165\u3067\u304d\u308bETF\u3067\u3059\u30022024\u5e74\u306e\u65b0NISA\uff08\u5c11\u984d\u6295\u8cc7\u975e\u8ab2\u7a0e\u5236\u5ea6\uff09\u8a95\u751f\u4ee5\u964d\u3001\u6771\u8a3c\u306b\u3082\u975e\u5e38\u306b\u6d17\u7df4\u3055\u308c\u305f\u4f4e\u30b3\u30b9\u30c8\u306a\u534a\u5c0e\u4f53ETF\u304c\u76f8\u6b21\u3044\u3067\u4e0a\u5834\u3057\u3001\u4e00\u6c17\u306b\u5229\u4fbf\u6027\u304c\u9ad8\u307e\u308a\u307e\u3057\u305f<\/span><span data-path-to-node=\"53,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"53,2\">\u3002\u3059\u3079\u3066\u300c\u6210\u9577\u6295\u8cc7\u67a0\u300d\u3067\u306e\u6d3b\u7528\u304c\u53ef\u80fd\u3067\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<h4 data-path-to-node=\"54\">6. 213A\uff08\u4e0a\u5834\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d5\u30a1\u30f3\u30c9\u65e5\u7d4c\u534a\u5c0e\u4f53\u682a \/ \u611b\u79f0\uff1a\u4e0a\u5834\u65e5\u7d4c\u534a\u5c0e\u4f53\uff09<\/h4>\n<ul data-path-to-node=\"55\">\n<li>\n<p data-path-to-node=\"55,0,0\"><b data-path-to-node=\"55,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> \u65e5\u7d4c\u534a\u5c0e\u4f53\u682a\u6307\u6570<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"55,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-246\"><span data-path-to-node=\"55,1,0,0\"><b data-path-to-node=\"55,1,0,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.165% \u4ee5\u5185\uff08\u7a0e\u629c 0.15%\uff09\u3068\u6975\u3081\u3066\u4f4e\u6c34\u6e96<\/span><span data-path-to-node=\"55,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"55,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-247\"><span data-path-to-node=\"55,2,0,0\"><b data-path-to-node=\"55,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3092\u7b97\u51fa\u3059\u308b\u65e5\u672c\u7d4c\u6e08\u65b0\u805e\u793e\u304c\u65b0\u305f\u306b\u958b\u767a\u3057\u305f\u300c\u65e5\u7d4c\u534a\u5c0e\u4f53\u682a\u6307\u6570\u300d\u306b\u9023\u52d5\u3059\u308b\u6700\u6ce8\u76ee\u306eETF\u3067\u3059<\/span><span data-path-to-node=\"55,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"55,2,0,2\">\u3002\u65e5\u672c\u306e\u682a\u5f0f\u5e02\u5834\u306b\u4e0a\u5834\u3059\u308b\u4e3b\u8981\u306a\u534a\u5c0e\u4f53\u95a2\u9023\u9298\u67c4\uff08\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\u3001\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8\u3001\u30c7\u30a3\u30b9\u30b3\u3001\u30eb\u30cd\u30b5\u30b9\u30a8\u30ec\u30af\u30c8\u30ed\u30cb\u30af\u30b9\u3001\u4fe1\u8d8a\u5316\u5b66\u5de5\u696d\u306a\u3069\uff09\u306e\u4e0a\u4f4d30\u793e\u3067\u69cb\u6210\u3055\u308c\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"55,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"55,2,0,4\">\u3002\u30c6\u30fc\u30de\u578bETF\u306e\u5e38\u8b58\u3092\u8986\u3059\u5727\u5012\u7684\u306a\u4f4e\u30b3\u30b9\u30c8\uff08\u4fe1\u8a17\u5831\u916c\u306e\u5b89\u3055\uff09\u304c\u6700\u5927\u6b66\u5668\u3067\u3059<\/span><span data-path-to-node=\"55,2,0,5\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"55,2,0,6\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"55,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-248\"><span data-path-to-node=\"55,3,0,0\"><b data-path-to-node=\"55,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u300c\u65b0NISA\u53e3\u5ea7\u3092\u6d3b\u7528\u3057\u3066\u3001\u65e5\u672c\u306e\u7d4c\u6e08\u30fb\u7523\u696d\u306e\u67f1\u3067\u3042\u308b\u300e\u534a\u5c0e\u4f53\u88fd\u9020\u88c5\u7f6e\u30fb\u7d20\u6750\u300f\u306e\u30c8\u30c3\u30d7\u4f01\u696d\u7fa4\u306b\u3001\u4f59\u8a08\u306a\u70ba\u66ff\u624b\u6570\u6599\u3084\u9ad8\u3044\u7ba1\u7406\u8cbb\u7528\u3092\u304b\u3051\u305a\u306b\u9577\u671f\u3067\u3058\u3063\u304f\u308a\u7a4d\u7acb\u6295\u8cc7\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u3001\u5168\u6295\u8cc7\u5bb6\u306b\u304a\u3059\u3059\u3081\u3067\u304d\u308b\u738b\u9053\u9298\u67c4\u3067\u3059<\/span><span data-path-to-node=\"55,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"55,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"56\">7. 200A\uff08NEXT FUNDS \u65e5\u7d4c\u534a\u5c0e\u4f53\u682a\u6307\u6570\u9023\u52d5\u578b\u4e0a\u5834\u6295\u4fe1\uff09<\/h4>\n<ul data-path-to-node=\"57\">\n<li>\n<p data-path-to-node=\"57,0,0\"><b data-path-to-node=\"57,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> \u65e5\u7d4c\u534a\u5c0e\u4f53\u682a\u6307\u6570<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"57,1,0\"><b data-path-to-node=\"57,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.165% \u4ee5\u5185\uff08\u7a0e\u629c 0.15%\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"57,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-249\"><span data-path-to-node=\"57,2,0,0\"><b data-path-to-node=\"57,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u65e5\u672c\u306e\u6295\u8cc7\u4fe1\u8a17\u30fbETF\u306e\u6700\u5927\u624b\u3067\u3042\u308b\u91ce\u6751\u30a2\u30bb\u30c3\u30c8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u304c\u904b\u7528\u3059\u308b\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002\u4e2d\u8eab\u3068\u3057\u3066\u306f\u4e0a\u8a18\u306e\u300c213A\u300d\u3068\u5168\u304f\u540c\u3058\u65e5\u7d4c\u534a\u5c0e\u4f53\u682a\u6307\u6570\u3092\u30bf\u30fc\u30b2\u30c3\u30c8\u306b\u3057\u3066\u3044\u307e\u3059\u304c<\/span><span data-path-to-node=\"57,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"57,2,0,2\">\u3001\u5927\u624b\u30d6\u30e9\u30f3\u30c9\u306a\u3089\u3067\u306f\u306e\u300c\u7d14\u8cc7\u7523\u7dcf\u984d\u306e\u5927\u304d\u3055\u300d\u3068\u300c\u6771\u8a3c\u306b\u304a\u3051\u308b\u65e5\u3005\u306e\u58f2\u8cb7\u4ee3\u91d1\uff08\u6d41\u52d5\u6027\uff09\u306e\u591a\u3055\u300d\u304c\u5f37\u307f\u3067\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"57,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-250\"><span data-path-to-node=\"57,3,0,0\"><b data-path-to-node=\"57,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> 213A\u3068\u307b\u307c\u540c\u69d8\u306e\u30cb\u30fc\u30ba\u306b\u5bfe\u5fdc\u3057\u307e\u3059\u304c\u3001\u7279\u306b\u300c\u5e02\u5834\u3067\u58f2\u308a\u305f\u3044\u3068\u304d\u306b\u3001\u6ce8\u6587\u304c\u6210\u7acb\u3057\u306a\u304f\u3066\u56f0\u308b\uff08\u6d41\u52d5\u6027\u30ea\u30b9\u30af\uff09\u300d\u3068\u3044\u3046\u4e8b\u614b\u3092\u5fb9\u5e95\u7684\u306b\u907f\u3051\u3001\u72d9\u3063\u305f\u682a\u4fa1\u3067\u30b9\u30e0\u30fc\u30ba\u306b\u5927\u53e3\u6ce8\u6587\u3092\u901a\u3057\u305f\u3044\u30a2\u30af\u30c6\u30a3\u30d6\u306a\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u5411\u3044\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"57,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"57,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"58\">8. 2644\uff08Global X Japan \u534a\u5c0e\u4f53\u95a2\u9023-\u65e5\u672c\u682a ETF\uff09<\/h4>\n<ul data-path-to-node=\"59\">\n<li>\n<p data-path-to-node=\"59,0,0\"><b data-path-to-node=\"59,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> FactSet Japan Semiconductor Index<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,1,0\"><b data-path-to-node=\"59,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.64% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-251\"><span data-path-to-node=\"59,2,0,0\"><b data-path-to-node=\"59,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u7c73\u56fd\u306e\u30c6\u30fc\u30de\u578bETF\u306e\u96c4\u3067\u3042\u308b\u300cGlobal X\u300d\u306e\u65e5\u672c\u6cd5\u4eba\u304c\u904b\u7528\u3059\u308b\u3001\u65e5\u672c\u306e\u534a\u5c0e\u4f53\u7523\u696d\u306b\u7279\u5316\u3057\u305fETF\u3067\u3059<\/span><span data-path-to-node=\"59,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"59,2,0,2\">\u3002\u65e5\u7d4c\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3068\u306e\u9055\u3044\u306f\u3001\u9298\u67c4\u306e\u9078\u5b9a\u30ed\u30b8\u30c3\u30af\u306b\u30b0\u30ed\u30fc\u30d0\u30eb\u57fa\u6e96\u306e\u30c7\u30fc\u30bf\uff08FactSet\u306e\u7523\u696d\u5206\u985e\uff09\u3092\u7528\u3044\u3066\u3044\u308b\u70b9\u306b\u3042\u308a\u307e\u3059\u3002\u65e5\u672c\u306e\u5f37\u307f\u304c\u51dd\u7e2e\u3055\u308c\u305f\u300c\u88fd\u9020\u88c5\u7f6e\u300d\u3084\u300c\u9ad8\u6a5f\u80fd\u6750\u6599\u30fb\u7279\u6b8a\u5316\u5b66\u85ac\u54c1\u300d\u3068\u3044\u3063\u305f\u5206\u91ce\u306e\u30cb\u30c3\u30c1\u30c8\u30c3\u30d7\u4f01\u696d25\u301c30\u793e\u3078\u3001\u7d14\u7c8b\u306b\u30d4\u30e5\u30a2\u306a\u30a6\u30a8\u30a4\u30c8\u914d\u5206\u3092\u884c\u3063\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"59,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"59,2,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-252\"><span data-path-to-node=\"59,3,0,0\"><b data-path-to-node=\"59,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u65e5\u672c\u306e\u534a\u5c0e\u4f53\u7523\u696d\u306e\u672c\u8cea\u7684\u306a\u5f37\u307f\u306f\u3001\u5b8c\u6210\u54c1\u30c1\u30c3\u30d7\u3067\u306f\u306a\u304f\u3001\u305d\u308c\u3092\u4f5c\u308b\u305f\u3081\u306e\u300c\u6a5f\u68b0\uff08\u88c5\u7f6e\uff09\u300d\u3068\u300c\u6750\u6599\uff08\u30b1\u30df\u30ab\u30eb\uff09\u300d\u306b\u3042\u308b\u3068\u6df1\u304f\u7406\u89e3\u3057\u3066\u304a\u308a\u3001\u305d\u3053\u306b\u30d4\u30f3\u30dd\u30a4\u30f3\u30c8\u3067\u5206\u6563\u6295\u8cc7\u3057\u305f\u3044\u7384\u4eba\u597d\u307f\u306e\u30bb\u30af\u30bf\u30fc\u7279\u5316\u578b\u6295\u8cc7\u306b\u9069\u3057\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"59,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"59,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"60\">9. 282A\uff08Global X \u534a\u5c0e\u4f53 Top 10-\u65e5\u672c\u682a ETF\uff09<\/h4>\n<ul data-path-to-node=\"61\">\n<li>\n<p data-path-to-node=\"61,0,0\"><b data-path-to-node=\"61,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> Indxx Japan Semiconductor Top 10 Index<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"61,1,0\"><b data-path-to-node=\"61,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.31% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"61,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-253\"><span data-path-to-node=\"61,2,0,0\"><b data-path-to-node=\"61,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u65e5\u672c\u306e\u534a\u5c0e\u4f53\u95a2\u9023\u4f01\u696d\u306e\u4e2d\u304b\u3089\u3001\u6642\u4fa1\u7dcf\u984d\u304a\u3088\u3073\u5e02\u5834\u3067\u306e\u6d41\u52d5\u6027\u304c\u6975\u3081\u3066\u9ad8\u3044\u300c\u7cbe\u92ed\u306e\u30c8\u30c3\u30d710\u793e\u300d\u3060\u3051\u3092\u53b3\u9078\u3057\u3066\u51dd\u7e2e\u3057\u305f\u3001\u975e\u5e38\u306b\u30a8\u30c3\u30b8\u306e\u52b9\u3044\u305f\u5c16\u3063\u305f\u8a2d\u8a08\u306eETF\u3067\u3059<\/span><span data-path-to-node=\"61,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"61,2,0,2\">\u300230\u793e\u306b\u5206\u6563\u3059\u308b\u3068\u696d\u7e3e\u306e\u60aa\u3044\u4f01\u696d\u3084\u6210\u9577\u306e\u9045\u3044\u4f01\u696d\u3082\u6df7\u3056\u3063\u3066\u3057\u307e\u3044\u307e\u3059\u304c\u3001\u3053\u306eETF\u306f\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\u3084\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8\u3068\u3044\u3063\u305f\u65e5\u672c\u306e\u534a\u5c0e\u4f53\u682a\u306e\u300c\u9854\u300d\u3068\u3082\u8a00\u3048\u308b\u5de8\u982d\u3060\u3051\u306b\u8d85\u96c6\u4e2d\u6295\u8cc7\u3092\u884c\u3044\u307e\u3059<\/span><span data-path-to-node=\"61,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"61,2,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"61,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-254\"><span data-path-to-node=\"61,3,0,0\"><b data-path-to-node=\"61,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u300c\u65e5\u672c\u306e\u534a\u5c0e\u4f53\u682a\u306b\u306f\u671f\u5f85\u3057\u3066\u3044\u308b\u304c\u3001\u6709\u8c61\u7121\u8c61\u306e\u9298\u67c4\u306b\u307e\u3067\u5e83\u304f\u5206\u6563\u3057\u305f\u304f\u306a\u3044\u3002\u30c8\u30c3\u30d710\u793e\u3060\u3051\u304c\u6301\u3064\u5727\u5012\u7684\u306a\u5e02\u5834\u652f\u914d\u529b\u3068\u9ad8\u3044ROE\uff08\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\uff09\u306e\u6069\u6075\u3092\u3001\u30c0\u30a4\u30ec\u30af\u30c8\u306b\u8cc7\u7523\u306b\u53cd\u6620\u3055\u305b\u305f\u3044\u300d\u3068\u3044\u3046\u3001\u9ad8\u3044\u30ea\u30b9\u30af\u8a31\u5bb9\u5ea6\u3092\u6301\u3064\u30a2\u30b0\u30ec\u30c3\u30b7\u30d6\u306a\u6295\u8cc7\u5bb6\u5411\u3051\u3067\u3059<\/span><span data-path-to-node=\"61,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"61,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"62\">10. 2513\uff08NEXT FUNDS \u5916\u56fd\u682a\u5f0f\u30fbMSCI-KOKUSAI\u30fb\u5148\u9032\u56fd\u534a\u5c0e\u4f53\u682a\uff09<\/h4>\n<ul data-path-to-node=\"63\">\n<li>\n<p data-path-to-node=\"63,0,0\"><b data-path-to-node=\"63,0,0\" data-index-in-node=\"0\">\u9023\u52d5\u6307\u6570\uff1a<\/b> MSCI\u30aa\u30fc\u30eb\u30fb\u30ab\u30f3\u30c8\u30ea\u30fc\u30fb\u30ef\u30fc\u30eb\u30c9\u30fb\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08ACWI\uff09\u7b49\u306e\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u3001\u307e\u305f\u306f\u985e\u4f3c\u306e\u5148\u9032\u56fd\u534a\u5c0e\u4f53\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08\u203b\u5186\u63db\u7b97\u30d9\u30fc\u30b9\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"63,1,0\"><b data-path-to-node=\"63,1,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff1a<\/b> \u5e74\u7387 0.25%\u301c0.35% \u524d\u5f8c<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"63,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-255\"><span data-path-to-node=\"63,2,0,0\"><b data-path-to-node=\"63,2,0,0\" data-index-in-node=\"0\">\u7279\u5fb4\uff1a<\/b> \u300c\u6295\u8cc7\u3057\u305f\u3044\u4e2d\u8eab\u306f\u3001\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u3084TSMC\u3001ASML\u306a\u3069\u306e\u4e16\u754c\u306e\u6700\u5148\u7aef\u30b0\u30ed\u30fc\u30d0\u30eb\u4f01\u696d\uff08\u7c73\u56fd\u3084\u6b27\u5dde\u5e02\u5834\u306e\u9298\u67c4\uff09\u3060\u304c\u3001\u308f\u3056\u308f\u3056\u7c73\u30c9\u30eb\u53e3\u5ea7\u3092\u958b\u8a2d\u3057\u3066\u7c73\u30c9\u30eb\u5efa\u3066\u3067\u53d6\u5f15\u3059\u308b\u306e\u306f\u30cf\u30fc\u30c9\u30eb\u304c\u9ad8\u3044\u300d\u3068\u3044\u3046\u6295\u8cc7\u5bb6\u306e\u60a9\u307f\u3092\u4e00\u767a\u3067\u89e3\u6c7a\u3059\u308b\u6771\u8a3c\u4e0a\u5834\u306e\u5916\u56fd\u682aETF\u3067\u3059<\/span><span data-path-to-node=\"63,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"63,2,0,2\">\u3002\u65e5\u672c\u5186\u306e\u307e\u307e\u3001\u5b9f\u8cea\u7684\u306b\u7c73\u56fd\u306e\u300cSMH\u300d\u3084\u300cSOXX\u300d\u306b\u8fd1\u3044\u6d77\u5916\u30c8\u30c3\u30d7\u4f01\u696d\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u8cb7\u3044\u4ed8\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059<\/span><span data-path-to-node=\"63,2,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"63,2,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"63,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-256\"><span data-path-to-node=\"63,3,0,0\"><b data-path-to-node=\"63,3,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u9069\u6027\uff1a<\/b> \u70ba\u66ff\u306e\u624b\u9593\uff08\u5186\u304b\u3089\u30c9\u30eb\u3078\u306e\u4e21\u66ff\u624b\u7d9a\u304d\u3084\u70ba\u66ff\u624b\u6570\u6599\uff09\u3092\u6975\u9650\u307e\u3067\u7701\u304d\u3064\u3064\u3001\u65b0NISA\u306e\u6210\u9577\u6295\u8cc7\u67a0\u3092\u6d3b\u7528\u3057\u3066\u300c\u4e16\u754c\u57fa\u6e96\u306e\u6700\u5148\u7aef\u534a\u5c0e\u4f53\u30e9\u30ea\u30fc\u300d\u306b\u624b\u8efd\u306b\u53c2\u52a0\u3057\u305f\u3044\u56fd\u5185\u306e\u3059\u3079\u3066\u306e\u521d\u5fc3\u8005\u301c\u4e2d\u7d1a\u8005\u6295\u8cc7\u5bb6\u306b\u9069\u3057\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"63,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"63,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<div class=\"xcd-attention-1 xcd-col2 xcd-ripple\">\n<div class=\"xcd-title\"><strong>\u8cc7\u7523\u904b\u7528\u3067\u5931\u6557\u3057\u305f\u304f\u306a\u3044\u65b9\u3078<\/strong><\/div>\n<div class=\"xcd-content\"><strong>\u79c1\u305f\u3061GFS\u3067\u306f\u3001\u5b66\u6821\u3067\u306f\u6559\u3048\u3066\u3082\u3089\u3048\u306a\u304b\u3063\u305f\u304a\u91d1\u306e\u3053\u3068\u304c\u308f\u304b\u308b\u7121\u6599\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u3054\u7528\u610f\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><br \/>\n<strong><span style=\"color: #0066c0;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=om&amp;utm_medium=om&amp;utm_content=14519\" style=\"color: #0066c0;\">\u226b \u7121\u6599\u8b1b\u5ea7\uff1a\u304a\u91d1\u306e\u30d7\u30ed\u304c\u6559\u3048\u308b\u300c\u521d\u5fc3\u8005\u304c\u6bce\u6708\u53ce\u5165\u3092\u5f97\u308b\u6295\u8cc7\u306e\u59cb\u3081\u65b9\u300d<\/a><\/span><\/strong><\/div>\n<\/div>\n<h2 data-path-to-node=\"65\">4. \u534a\u5c0e\u4f53\u6295\u8cc7\u306b\u304a\u3051\u308b\u300c\u77e5\u8b58\u306e\u91cd\u8981\u6027\u300d\uff1a\u30b0\u30ed\u30fc\u30d0\u30eb\u30fb\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u69cb\u9020<\/h2>\n<p data-path-to-node=\"66\">\u534a\u5c0e\u4f53ETF\u30921\u53e3\u8cb7\u3063\u3066\u3001\u305f\u3060\u6bce\u65e5\u300c\u4fa1\u683c\u306e\u4e0a\u4e0b\u306b\u4e00\u559c\u4e00\u6182\u3057\u3001\u5024\u4e0a\u304c\u308a\u3092\u7948\u308b\u300d\u3060\u3051\u3067\u306f\u3001\u672c\u5f53\u306e\u6295\u8cc7\u5bb6\u3068\u306f\u8a00\u3048\u307e\u305b\u3093\u3002\u306a\u305c\u306a\u3089\u3001\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306b\u5927\u304d\u3081\u306e\u66b4\u843d\uff08\u8abf\u6574\u5c40\u9762\uff09\u304c\u8a2a\u308c\u305f\u969b\u3001\u4e2d\u8eab\u306b\u5bfe\u3059\u308b\u77e5\u8b58\uff08\u30a4\u30f3\u30c6\u30ea\u30b8\u30a7\u30f3\u30b9\uff09\u304c\u306a\u3044\u6295\u8cc7\u5bb6\u306f\u300c\u3082\u3046\u3053\u306e\u696d\u754c\u306f\u7d42\u308f\u308a\u3060\u300d\u3068\u6050\u6016\u306b\u99c6\u3089\u308c\u3001\u6700\u3082\u640d\u306a\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u72fc\u72fd\u58f2\u308a\uff08\u30d1\u30cb\u30c3\u30af\u58f2\u308a\uff09\u3092\u3057\u3066\u5e02\u5834\u304b\u3089\u9000\u5834\u3057\u3066\u3057\u307e\u3046\u304b\u3089\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"67\" id=\"p-rc_1bbfcdf4b3c91a41-257\"><span data-path-to-node=\"67,0\">\u81ea\u5206\u304c\u4fdd\u6709\u3057\u3066\u3044\u308bETF\u306e\u4e2d\u8eab\u304c\u3001\u4e16\u754c\u306e\u3069\u306e\u3088\u3046\u306a\u5f79\u5272\u5206\u62c5\u306e\u4e2d\u306b\u4f4d\u7f6e\u3057\u3066\u3044\u308b\u306e\u304b\u3068\u3044\u3046\u300c\u30b0\u30ed\u30fc\u30d0\u30eb\u30fb\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\uff08\u4fa1\u5024\u306e\u9023\u9396\u69cb\u9020\uff09\u300d\u3092\u4f53\u7cfb\u7684\u306b\u7406\u89e3\u3057\u3066\u304a\u304f\u3053\u3068\u3053\u305d\u304c\u3001\u9577\u671f\u6295\u8cc7\u3067\u83ab\u5927\u306a\u5229\u76ca\u3092\u624b\u306b\u3059\u308b\u305f\u3081\u306e\u6700\u5927\u306e\u9632\u885b\u7b56\u3067\u3042\u308a\u3001\u6b66\u5668\u306b\u306a\u308a\u307e\u3059<\/span><span data-path-to-node=\"67,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"67,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"68\" id=\"p-rc_1bbfcdf4b3c91a41-258\"><span data-path-to-node=\"68,0\">\u534a\u5c0e\u4f53\u7523\u696d\u306f\u3001\u3042\u307e\u308a\u306b\u3082\u9ad8\u5ea6\u306a\u30ca\u30ce\u30e1\u30fc\u30c8\u30eb\uff0810\u5104\u5206\u306e1\u30e1\u30fc\u30c8\u30eb\uff09\u5358\u4f4d\u306e\u8d85\u5fae\u7d30\u52a0\u5de5\u3092\u6c42\u3081\u308b\u305f\u3081\u30011\u3064\u306e\u56fd\u3001\u3042\u308b\u3044\u306f1\u3064\u306e\u4f01\u696d\u3060\u3051\u3067\u8a2d\u8a08\u304b\u3089\u88fd\u9020\u3001\u51fa\u8377\u307e\u3067\u306e\u5168\u5de5\u7a0b\u3092\u5b8c\u7d50\u3055\u305b\u308b\u3053\u3068\u306f\u7269\u7406\u7684\u30fb\u7d4c\u6e08\u7684\u306b\u4e0d\u53ef\u80fd\u3067\u3059\u3002\u4e16\u754c\u4e2d\u306e\u5c16\u3063\u305f\u982d\u8133\u3068\u6280\u8853\u304c\u30d1\u30ba\u30eb\u306e\u30d4\u30fc\u30b9\u306e\u3088\u3046\u306b\u7d44\u307f\u5408\u308f\u3055\u308b\u56fd\u969b\u5206\u696d\u4f53\u5236\u304c\u78ba\u7acb\u3055\u308c\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"68,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"68,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"69\" id=\"p-rc_1bbfcdf4b3c91a41-259\"><span data-path-to-node=\"69,0\">\u3053\u306e\u69cb\u9020\u306f\u3001\u5927\u304d\u304f\u5206\u3051\u3066\u4ee5\u4e0b\u306e4\u3064\u306e\u30bb\u30af\u30bf\u30fc\u306b\u5206\u985e\u3055\u308c\u307e\u3059<\/span><span data-path-to-node=\"69,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"69,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<h3 data-path-to-node=\"70\">\u2460 \u4f01\u753b\u30fb\u8a2d\u8a08\u5c02\u9580\uff1a\u300c\u30d5\u30a1\u30d6\u30ec\u30b9\uff08Fabless\uff09\u300d<\/h3>\n<p data-path-to-node=\"71\" id=\"p-rc_1bbfcdf4b3c91a41-260\"><span data-path-to-node=\"71,0\">\u300c\u30d5\u30a1\u30d6\uff08Fab\uff1d\u5de5\u5834\uff09\u300d\u3092\u300c\u30ec\u30b9\uff08Less\uff1d\u6301\u305f\u306a\u3044\uff09\u300d\u3068\u3044\u3046\u540d\u306e\u901a\u308a\u3001\u81ea\u793e\u3067\u306f\u88fd\u9020\u5de5\u5834\u3092\u4e00\u5207\u6240\u6709\u305b\u305a\u3001\u6700\u5148\u7aef\u306e\u30ed\u30b8\u30c3\u30af\u534a\u5c0e\u4f53\u306e\u300c\u56de\u8def\u8a2d\u8a08\u56f3\u300d\u306e\u4f5c\u6210\u3084\u7814\u7a76\u958b\u767a\u3060\u3051\u306b100%\u7279\u5316\u3059\u308b\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u3067\u3059<\/span><span data-path-to-node=\"71,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"71,2\">\u3002 \u5de5\u5834\u3092\u7dad\u6301\u3059\u308b\u305f\u3081\u306e\u5de8\u984d\u306e\u56fa\u5b9a\u8cbb\uff08\u6570\u5343\u5104\u5186\u301c\u6570\u5146\u5186\u898f\u6a21\u306e\u30af\u30ea\u30fc\u30f3\u30eb\u30fc\u30e0\u3084\u88fd\u9020\u88c5\u7f6e\u306e\u6e1b\u4fa1\u511f\u5374\u8cbb\uff09\u304c\u304b\u304b\u3089\u306a\u3044\u305f\u3081\u3001\u30d2\u30c3\u30c8\u4f5c\u3092\u751f\u307f\u51fa\u3057\u305f\u3068\u304d\u306e\u5229\u76ca\u7387\uff08\u30de\u30fc\u30b8\u30f3\uff09\u304c\u9a5a\u7570\u7684\u306b\u9ad8\u3044\u306e\u304c\u7279\u5fb4\u3067\u3059\u3002\u4e00\u65b9\u3067\u3001\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0\u80fd\u529b\u3068\u3001\u5929\u624d\u7684\u306a\u8a2d\u8a08\u30a8\u30f3\u30b8\u30cb\u30a2\u306e\u78ba\u4fdd\u304c\u547d\u7db1\u3068\u306a\u308a\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"72\">\n<li>\n<p data-path-to-node=\"72,0,0\"><b data-path-to-node=\"72,0,0\" data-index-in-node=\"0\">\u4ee3\u8868\u7684\u306a\u4f01\u696d\uff1a<\/b><\/p>\n<ul data-path-to-node=\"72,0,1\">\n<li>\n<p data-path-to-node=\"72,0,1,0,0\"><b data-path-to-node=\"72,0,1,0,0\" data-index-in-node=\"0\">\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\uff08NVIDIA\uff09\uff1a<\/b> \u751f\u6210AI\u306e\u5b66\u7fd2\u30fb\u63a8\u8ad6\u306b\u4e0d\u53ef\u6b20\u306a\u300cGPU\uff08\u753b\u50cf\u51e6\u7406\u534a\u5c0e\u4f53\uff09\u300d\u306e\u8a2d\u8a08\u3067\u4e16\u754c\u5e02\u5834\u3092\u307b\u307c\u72ec\u5360\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"72,0,1,1,0\"><b data-path-to-node=\"72,0,1,1,0\" data-index-in-node=\"0\">AMD\uff08\u30a2\u30c9\u30d0\u30f3\u30b9\u30c8\u30fb\u30de\u30a4\u30af\u30ed\u30fb\u30c7\u30d0\u30a4\u30b7\u30ba\uff09\uff1a<\/b> \u30d1\u30bd\u30b3\u30f3\u3084\u30b5\u30fc\u30d0\u30fc\u5411\u3051\u306e\u9ad8\u6027\u80fdCPU\u30fbGPU\u3067\u53f0\u982d\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"72,0,1,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-261\"><span data-path-to-node=\"72,0,1,2,0,0\"><b data-path-to-node=\"72,0,1,2,0,0\" data-index-in-node=\"0\">\u30af\u30a2\u30eb\u30b3\u30e0\uff08Qualcomm\uff09\uff1a<\/b> \u30b9\u30de\u30fc\u30c8\u30d5\u30a9\u30f3\u306e\u901a\u4fe1\u7528\u30c1\u30c3\u30d7\uff08Snapdragon\u306a\u3069\uff09\u306e\u738b\u8005<\/span><span data-path-to-node=\"72,0,1,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"72,0,1,2,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"72,0,1,3,0\"><b data-path-to-node=\"72,0,1,3,0\" data-index-in-node=\"0\">\u30a2\u30c3\u30d7\u30eb\uff08Apple\uff09\uff1a<\/b> iPhone\u3084Mac\u306b\u642d\u8f09\u3055\u308c\u308b\u72ec\u81ea\u306e\u300cM\u30b7\u30ea\u30fc\u30ba\u300d\u300cA\u30b7\u30ea\u30fc\u30ba\u300d\u30c1\u30c3\u30d7\u3092\u81ea\u793e\u8a2d\u8a08\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"73\">\u2461 \u88fd\u9020\u30fb\u53d7\u8a17\u5c02\u9580\uff1a\u300c\u30d5\u30a1\u30a6\u30f3\u30c9\u30ea\uff08Foundry\uff09\u300d<\/h3>\n<p data-path-to-node=\"74\" id=\"p-rc_1bbfcdf4b3c91a41-262\"><span data-path-to-node=\"74,0\">\u4e0a\u8a18\u306e\u3088\u3046\u306a\u30d5\u30a1\u30d6\u30ec\u30b9\u4f01\u696d\uff08\u3042\u308b\u3044\u306f\u81ea\u793e\u3067\u8a2d\u8a08\u3059\u308bIT\u5927\u624b\uff09\u304b\u3089\u3001\u8a2d\u8a08\u56f3\u30c7\u30fc\u30bf\uff08GDS2\u30d5\u30a1\u30a4\u30eb\u7b49\uff09\u3092\u30aa\u30f3\u30e9\u30a4\u30f3\u3067\u53d7\u3051\u53d6\u308a\u3001\u81ea\u793e\u306e\u8d85\u5de8\u5927\u30fb\u8d85\u30af\u30ea\u30fc\u30f3\u306a\u6700\u5148\u7aef\u5de5\u5834\u3067\u5b9f\u969b\u306b\u30a6\u30a7\u30cf\u30fc\u4e0a\u306b\u56de\u8def\u3092\u713c\u304d\u4ed8\u3051\u3001\u7269\u7406\u7684\u306a\u30c1\u30c3\u30d7\u3092\u88fd\u9020\u3059\u308b\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u3067\u3059<\/span><span data-path-to-node=\"74,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"74,2\">\u3002 \u73fe\u5728\u306e\u6700\u5148\u7aef\uff083\u30ca\u30ce\u30e1\u30fc\u30c8\u30eb\u30012\u30ca\u30ce\u30e1\u30fc\u30c8\u30eb\u3068\u3044\u3063\u305f\u6975\u5fae\u7d30\u4e16\u4ee3\uff09\u306e\u5de5\u5834\u30921\u68df\u5efa\u3066\u308b\u306b\u306f\u3001\u6570\u5146\u5186\u898f\u6a21\u306e\u8cc7\u91d1\u304c\u5fc5\u8981\u3067\u3042\u308a\u3001\u7269\u7406\u306e\u9650\u754c\u306b\u6311\u3080\u9ad8\u5ea6\u306a\u88fd\u9020\u30ce\u30a6\u30cf\u30a6\u304c\u5fc5\u8981\u3068\u3055\u308c\u308b\u305f\u3081\u3001\u4e16\u754c\u3067\u3054\u304f\u4e00\u63e1\u308a\u306e\u4f01\u696d\u3057\u304b\u53c2\u5165\u3067\u304d\u306a\u3044\u300c\u7a76\u6975\u306e\u53c2\u5165\u969c\u58c1\u300d\u3092\u6301\u3063\u305f\u30bb\u30af\u30bf\u30fc\u3067\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"75\">\n<li>\n<p data-path-to-node=\"75,0,0\"><b data-path-to-node=\"75,0,0\" data-index-in-node=\"0\">\u4ee3\u8868\u7684\u306a\u4f01\u696d\uff1a<\/b><\/p>\n<ul data-path-to-node=\"75,0,1\">\n<li>\n<p data-path-to-node=\"75,0,1,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-263\"><span data-path-to-node=\"75,0,1,0,0,0\"><b data-path-to-node=\"75,0,1,0,0,0\" data-index-in-node=\"0\">TSMC\uff08\u53f0\u6e7e\u7a4d\u4f53\u96fb\u8def\u88fd\u9020\uff09\uff1a<\/b> \u4e16\u754c\u306e\u6700\u5148\u7aef\u30d5\u30a1\u30a6\u30f3\u30c9\u30ea\u5e02\u5834\u3067\u30b7\u30a7\u30a2\u306e\u534a\u5206\u4ee5\u4e0a\u3001\u6700\u5148\u7aefAI\u30c1\u30c3\u30d7\u306e\u88fd\u9020\u306b\u3044\u305f\u3063\u3066\u306f\u307b\u307c100%\u306e\u30b7\u30a7\u30a2\u3092\u63e1\u308b\u3001\u4e16\u754c\u306e\u30c7\u30b8\u30bf\u30eb\u793e\u4f1a\u306e\u300c\u7d76\u5bfe\u7684\u306a\u30a4\u30f3\u30d5\u30e9\u30fb\u5fc3\u81d3\u300d\u3067\u3059<\/span><span data-path-to-node=\"75,0,1,0,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"75,0,1,0,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"76\">\u2462 \u9053\u5177\u3092\u4f5c\u308b\uff1a\u300c\u88fd\u9020\u88c5\u7f6e\u30e1\u30fc\u30ab\u30fc\u300d<\/h3>\n<p data-path-to-node=\"77\" id=\"p-rc_1bbfcdf4b3c91a41-264\"><span data-path-to-node=\"77,0\">\u534a\u5c0e\u4f53\u306e\u6750\u6599\u3067\u3042\u308b\u30b7\u30ea\u30b3\u30f3\u30a6\u30a7\u30cf\u30fc\u306e\u4e0a\u306b\u3001\u5149\u3092\u4f7f\u3063\u3066\u5fae\u7d30\u306a\u56de\u8def\u3092\u8ee2\u5199\u3059\u308b\u300c\u9732\u5149\u300d\u3001\u4e0d\u8981\u306a\u90e8\u5206\u3092\u524a\u308a\u53d6\u308b\u300c\u30a8\u30c3\u30c1\u30f3\u30b0\u300d\u3001\u4e0d\u7d14\u7269\u3092\u6ce8\u5165\u3059\u308b\u300c\u30a4\u30aa\u30f3\u6ce8\u5165\u300d\u3001\u305d\u3057\u3066\u5b8c\u6210\u3057\u305f\u30c1\u30c3\u30d7\u304c\u6b63\u5e38\u306b\u52d5\u304f\u304b\u3092\u8abf\u3079\u308b\u300c\u691c\u67fb\u300d\u306a\u3069\u3001\u5404\u5de5\u7a0b\u3067\u4f7f\u308f\u308c\u308b\u8d85\u7cbe\u5bc6\u306a\u5c02\u7528\u6a5f\u68b0\u3092\u958b\u767a\u30fb\u8ca9\u58f2\u3059\u308b\u30bb\u30af\u30bf\u30fc\u3067\u3059<\/span><span data-path-to-node=\"77,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"77,2\">\u3002 \u3053\u3053\u304c<b data-path-to-node=\"77,2\" data-index-in-node=\"5\">\u6b27\u5dde\u3001\u305d\u3057\u3066\u65e5\u672c\u306e\u30e1\u30fc\u30ab\u30fc\u304c\u4e16\u754c\u5e02\u5834\u3092\u725b\u8033\u3063\u3066\u3044\u308b\u6700\u5927\u306e\u5f37\u307f<\/b>\u306e\u30a8\u30ea\u30a2\u3067\u3059<\/span><span data-path-to-node=\"77,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"77,4\">\u3002\u88c5\u7f6e\u30e1\u30fc\u30ab\u30fc\u306e\u6a5f\u68b0\u304c\u306a\u3051\u308c\u3070\u3001TSMC\u3082\u5de5\u5834\u3092\u52d5\u304b\u3059\u3053\u3068\u304c\u3067\u304d\u305a\u3001\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u306e\u8a2d\u8a08\u56f3\u3082\u305f\u3060\u306e\u7d75\u306b\u63cf\u3044\u305f\u9905\u306b\u306a\u308a\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"78\">\n<li>\n<p data-path-to-node=\"78,0,0\"><b data-path-to-node=\"78,0,0\" data-index-in-node=\"0\">\u4ee3\u8868\u7684\u306a\u4f01\u696d\uff1a<\/b><\/p>\n<ul data-path-to-node=\"78,0,1\">\n<li>\n<p data-path-to-node=\"78,0,1,0,0\"><b data-path-to-node=\"78,0,1,0,0\" data-index-in-node=\"0\">ASML\uff08\u30aa\u30e9\u30f3\u30c0\uff09\uff1a<\/b> \u6700\u5148\u7aef\u306e\u8d85\u5fae\u7d30\u5316\u306b\u7d76\u5bfe\u4e0d\u53ef\u6b20\u306a\u300cEUV\uff08\u6975\u7aef\u7aef\u7d2b\u5916\u7dda\uff09\u9732\u5149\u88c5\u7f6e\u300d\u3092\u4e16\u754c\u3067\u552f\u4e00\u88fd\u9020\u3067\u304d\u308b\u3001\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u4e0a\u306e\u7a76\u6975\u306e\u30dc\u30c8\u30eb\u30cd\u30c3\u30af\u4f01\u696d\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"78,0,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-265\"><span data-path-to-node=\"78,0,1,1,0,0\"><b data-path-to-node=\"78,0,1,1,0,0\" data-index-in-node=\"0\">\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\uff08\u65e5\u672c\uff09\uff1a<\/b> \u611f\u5149\u6db2\u3092\u5857\u5e03\u30fb\u73fe\u50cf\u3059\u308b\u300c\u30b3\u30fc\u30bf\u30fc\u30fb\u30c7\u30d9\u30ed\u30c3\u30d1\u30fc\u300d\u306a\u3069\u8907\u6570\u306e\u91cd\u8981\u306a\u88c5\u7f6e\u3067\u4e16\u754c\u30c8\u30c3\u30d7\u30b7\u30a7\u30a2<\/span><span data-path-to-node=\"78,0,1,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"78,0,1,1,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"78,0,1,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-266\"><span data-path-to-node=\"78,0,1,2,0,0\"><b data-path-to-node=\"78,0,1,2,0,0\" data-index-in-node=\"0\">\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8\uff08\u65e5\u672c\uff09\uff1a<\/b> \u5b8c\u6210\u3057\u305f\u534a\u5c0e\u4f53\u304c\u6b63\u3057\u304f\u6a5f\u80fd\u3059\u308b\u304b\u30921\u79d2\u9593\u306b\u4f55\u5104\u56de\u3082\u306e\u96fb\u6c17\u4fe1\u53f7\u3092\u9001\u308a\u8fbc\u3093\u3067\u30c6\u30b9\u30c8\u3059\u308b\u300c\u534a\u5c0e\u4f53\u691c\u67fb\u88c5\u7f6e\uff08\u30c6\u30b9\u30bf\u30fc\uff09\u300d\u306e\u4e16\u754c\u7684\u5de8\u982d<\/span><span data-path-to-node=\"78,0,1,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"78,0,1,2,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"78,0,1,3,0\" id=\"p-rc_1bbfcdf4b3c91a41-267\"><span data-path-to-node=\"78,0,1,3,0,0\"><b data-path-to-node=\"78,0,1,3,0,0\" data-index-in-node=\"0\">\u30c7\u30a3\u30b9\u30b3\uff08\u65e5\u672c\uff09\uff1a<\/b> \u30b7\u30ea\u30b3\u30f3\u30a6\u30a7\u30cf\u30fc\u304b\u3089\u30011\u7c92\u305a\u3064\u306e\u534a\u5c0e\u4f53\u30c1\u30c3\u30d7\u3078\u3068\u7cbe\u5bc6\u306b\u5207\u308a\u51fa\u3059\u300c\u30c0\u30a4\u30b7\u30f3\u30b0\u30fb\u30bd\u30fc\uff08\u5207\u524a\u6a5f\u68b0\uff09\u300d\u3067\u4e16\u754c\u30b7\u30a7\u30a2\u306e\u7d047\u301c8\u5272\u3092\u72ec\u5360\u3059\u308b\u30cb\u30c3\u30c1\u30c8\u30c3\u30d7<\/span><span data-path-to-node=\"78,0,1,3,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"78,0,1,3,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"79\">\u2463 \u6750\u6599\u3092\u4f9b\u7d66\u3059\u308b\uff1a\u300c\u7d20\u6750\u30fb\u5316\u5b66\u30fb\u30a6\u30a7\u30cf\u30fc\u30e1\u30fc\u30ab\u30fc\u300d<\/h3>\n<p data-path-to-node=\"80\" id=\"p-rc_1bbfcdf4b3c91a41-268\"><span data-path-to-node=\"80,0\">\u534a\u5c0e\u4f53\u306e\u571f\u53f0\u3068\u306a\u308b\u300c\u30b7\u30ea\u30b3\u30f3\u30a6\u30a7\u30cf\u30fc\u300d\u305d\u306e\u3082\u306e\u3084\u3001\u56de\u8def\u3092\u713c\u304d\u4ed8\u3051\u308b\u969b\u306b\u30a6\u30a7\u30cf\u30fc\u306e\u8868\u9762\u306b\u5857\u308b\u300c\u30d5\u30a9\u30c8\u30ec\u30b8\u30b9\u30c8\uff08\u611f\u5149\u6750\uff09\u300d\u3001\u8d85\u9ad8\u7d14\u5ea6\u306e\u6d17\u6d44\u7528\u5316\u5b66\u85ac\u54c1\u3001\u9ad8\u7d14\u5ea6\u30ac\u30b9\u306a\u3069\u3092\u4f9b\u7d66\u3059\u308b\u30bb\u30af\u30bf\u30fc\u3067\u3059<\/span><span data-path-to-node=\"80,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"80,2\">\u3002 \u5730\u5473\u306b\u898b\u3048\u307e\u3059\u304c\u3001\u539f\u5b50\u30ec\u30d9\u30eb\u3067\u306e\u7d14\u5ea6\u304c\u6c42\u3081\u3089\u308c\u308b\u4e16\u754c\u3067\u3042\u308a\u3001\u65e5\u672c\u306e\u5316\u5b66\u30e1\u30fc\u30ab\u30fc\u30fb\u6750\u6599\u30e1\u30fc\u30ab\u30fc\u306e\u6280\u8853\u529b\u306f\u4ed6\u56fd\u306e\u8ffd\u968f\u3092\u8a31\u3057\u307e\u305b\u3093<\/span><span data-path-to-node=\"80,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"80,4\">\u3002\u904e\u53bb\u306e\u56fd\u969b\u7d1b\u4e89\u306a\u3069\u3067\u6750\u6599\u306e\u4f9b\u7d66\u304c\u6570\u65e5\u9593\u30b9\u30c8\u30c3\u30d7\u3057\u305f\u3060\u3051\u3067\u3001\u4e16\u754c\u4e2d\u306e\u81ea\u52d5\u8eca\u5de5\u5834\u3084\u30b9\u30de\u30db\u5de5\u5834\u304c\u6a5f\u80fd\u505c\u6b62\u306b\u8ffd\u3044\u8fbc\u307e\u308c\u305f\u3053\u3068\u304b\u3089\u3082\u3001\u305d\u306e\u91cd\u8981\u6027\u304c\u5206\u304b\u308a\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"81\">\n<li>\n<p data-path-to-node=\"81,0,0\"><b data-path-to-node=\"81,0,0\" data-index-in-node=\"0\">\u4ee3\u8868\u7684\u306a\u4f01\u696d\uff1a<\/b><\/p>\n<ul data-path-to-node=\"81,0,1\">\n<li>\n<p data-path-to-node=\"81,0,1,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-269\"><span data-path-to-node=\"81,0,1,0,0,0\"><b data-path-to-node=\"81,0,1,0,0,0\" data-index-in-node=\"0\">\u4fe1\u8d8a\u5316\u5b66\u5de5\u696d \/ SUMCO\uff08\u65e5\u672c\uff09\uff1a<\/b> \u534a\u5c0e\u4f53\u306e\u571f\u53f0\u3068\u306a\u308b\u300c\u9ad8\u7d14\u5ea6\u30b7\u30ea\u30b3\u30f3\u30a6\u30a7\u30cf\u30fc\u300d\u306e\u4e16\u754c2\u5927\u5de8\u982d\u30022\u793e\u3067\u4e16\u754c\u30b7\u30a7\u30a2\u306e\u904e\u534a\u6570\u3092\u63e1\u308b<\/span><span data-path-to-node=\"81,0,1,0,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"81,0,1,0,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"81,0,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-270\"><span data-path-to-node=\"81,0,1,1,0,0\"><b data-path-to-node=\"81,0,1,1,0,0\" data-index-in-node=\"0\">\u6771\u4eac\u5fdc\u5316\u5de5\u696d \/ JSR\uff08\u65e5\u672c\uff09\uff1a<\/b> \u6700\u5148\u7aefEUV\u7528\u306e\u300c\u30d5\u30a9\u30c8\u30ec\u30b8\u30b9\u30c8\uff08\u611f\u5149\u6db2\uff09\u300d\u306a\u3069\u3001\u9ad8\u5ea6\u306a\u30b1\u30df\u30ab\u30eb\u9818\u57df\u3067\u5727\u5012\u7684\u306a\u6280\u8853\u512a\u4f4d\u6027\u3092\u6301\u3064<\/span><span data-path-to-node=\"81,0,1,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"81,0,1,1,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<blockquote data-path-to-node=\"82\">\n<p data-path-to-node=\"82,0\"><b data-path-to-node=\"82,0\" data-index-in-node=\"3\">\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u77e5\u8b58\u304c\u3082\u305f\u3089\u3059\u6295\u8cc7\u5224\u65ad\u306e\u5dee\uff08\u975e\u5e38\u306b\u91cd\u8981\uff09<\/b><\/p>\n<ul data-path-to-node=\"82,1\">\n<li>\n<p data-path-to-node=\"82,1,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-271\"><span data-path-to-node=\"82,1,0,0,0\"><b data-path-to-node=\"82,1,0,0,0\" data-index-in-node=\"0\">\u7c73\u56fd\u306e\u534a\u5c0e\u4f53ETF\uff08SMH\u306a\u3069\uff09\u3092\u8cb7\u3046\u3068\u3044\u3046\u3053\u3068\u306f\uff1a<\/b> \u4e3b\u306b\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u5ddd\u4e0a\u30fb\u5ddd\u4e2d\u306b\u3042\u308b**\u300c\u2460\u4f01\u753b\u30fb\u8a2d\u8a08\uff08\u30d5\u30a1\u30d6\u30ec\u30b9\uff09\u300d\u3084\u300c\u2461\u88fd\u9020\u53d7\u8a17\uff08\u30d5\u30a1\u30a6\u30f3\u30c9\u30ea\uff09\u300d**\u306e\u6210\u9577\u306b\u8cc7\u7523\u3092\u4e57\u305b\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059<\/span><span data-path-to-node=\"82,1,0,0,2\">\u3002\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u306e\u58f2\u4e0a\u9ad8\u304c\u7206\u767a\u7684\u306b\u4f38\u3073\u3066\u3044\u308b\u30cb\u30e5\u30fc\u30b9\u306f\u3001\u30c0\u30a4\u30ec\u30af\u30c8\u306b\u3053\u308c\u3089\u306eETF\u306e\u57fa\u6e96\u4fa1\u984d\u3092\u62bc\u3057\u4e0a\u3052\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"82,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-272\"><span data-path-to-node=\"82,1,1,0,0\"><b data-path-to-node=\"82,1,1,0,0\" data-index-in-node=\"0\">\u65e5\u672c\u306e\u534a\u5c0e\u4f53ETF\uff08213A\u306a\u3069\uff09\u3092\u8cb7\u3046\u3068\u3044\u3046\u3053\u3068\u306f\uff1a<\/b> \u4e16\u754c\u4e2d\u306e\u30d5\u30a1\u30d6\u30ec\u30b9\u304c\u8a2d\u8a08\u3057\u3001TSMC\u304c\u5de5\u5834\u3092\u5efa\u3066\u308b\u969b\u306b\u3001\u5fc5\u305a\u8cb7\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044**\u300c\u2462\u88fd\u9020\u88c5\u7f6e\u300d\u3084\u300c\u2463\u7d20\u6750\u30fb\u5316\u5b66\u300d**\u3068\u3044\u3046\u3001\u4e16\u754c\u306e\u534a\u5c0e\u4f53\u88fd\u9020\u3092\u88cf\u5074\u304b\u3089\u652f\u914d\u3057\u3066\u3044\u308b\u300c\u9ed2\u5e55\uff08\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30de\u30fc\uff09\u300d\u305f\u3061\u306b\u5206\u6563\u6295\u8cc7\u3059\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059<\/span><span data-path-to-node=\"82,1,1,0,2\">\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"82,2\" id=\"p-rc_1bbfcdf4b3c91a41-273\"><span data-path-to-node=\"82,2,0\">\u3053\u306e\u69cb\u9020\u3092\u982d\u306b\u5165\u308c\u3066\u304a\u304f\u3053\u3068\u3067\u3001\u300c\u7c73\u56fd\u306e\u30c6\u30c3\u30af\u682a\uff08\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u306a\u3069\uff09\u304c\u904e\u71b1\u611f\u304b\u3089\u4e00\u6642\u7684\u306b\u6025\u843d\u3057\u3066\u3044\u308b\u304c\u3001\u4e16\u754c\u7684\u306a\u5de5\u5834\u306e\u5efa\u8a2d\u8a08\u753b\uff08TSMC\u306e\u718a\u672c\u5de5\u5834\u3084\u7c73\u56fd\u5de5\u5834\u306a\u3069\uff09\u306f\u7740\u3005\u3068\u9032\u3093\u3067\u3044\u308b\u305f\u3081\u3001\u88c5\u7f6e\u30e1\u30fc\u30ab\u30fc\u4e3b\u4f53\u306e\u65e5\u672cETF\u306f\u5e95\u5805\u3044\u52d5\u304d\u3092\u3057\u3066\u3044\u308b\u300d\u3068\u3044\u3063\u305f\u3001\u8ad6\u7406\u7684\u3067\u51b7\u9759\u306a\u30de\u30fc\u30b1\u30c3\u30c8\u5206\u6790\u304c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3059<\/span><span data-path-to-node=\"82,2,2\">\u3002<\/span><\/p>\n<\/blockquote>\n<div class=\"xcd-attention-6 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title-wrap\">\n<div class=\"xcd-title\"><span>\u3042\u306a\u305f\u306b\u672c\u5f53\u306b\u9069\u3057\u305f\u6295\u8cc7\u306f\u3069\u308c\uff1f<\/span><\/div>\n<\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u3067\u53ce\u5165\u3092\u5f97\u305f\u3044\u3001\u8cc7\u7523\u3092\u5897\u3084\u3057\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u30ea\u30b9\u30af\u306f\u3067\u304d\u308b\u3060\u3051\u6291\u3048\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u5148\u306e\u898b\u6975\u3081\u65b9\u3092\u77e5\u308a\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6210\u529f\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3068\u63a5\u70b9\u304c\u6b32\u3057\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u7269\u4fa1\u4e0a\u6607\u3078\u306e\u5bfe\u7b56\u306b\u306f\u6295\u8cc7\u304c\u5fc5\u8981\u3068\u8003\u3048\u3066\u3044\u308b\u3000YES or NO<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?argument=XJhet6w1&amp;dmai=a64e31f9ee75a0\"><strong>\u2192\u3000YES\u304c\uff13\u3064\u4ee5\u4e0a\u3060\u3063\u305f\u65b9\u306f\u3001\u3053\u3061\u3089\u3092\u30af\u30ea\u30c3\u30af<\/strong><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"84\">5. \u666f\u6c17\u5faa\u74b0\uff08\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\uff09\u3092\u9006\u624b\u306b\u53d6\u308b\u300c\u8cb7\u3044\u6642\u30fb\u58f2\u308a\u6642\u300d\u306e\u6975\u610f<\/h2>\n<p data-path-to-node=\"85\">\u534a\u5c0e\u4f53\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u7206\u767a\u7684\u306b\u5897\u3084\u305b\u308b\u6295\u8cc7\u5bb6\u3068\u3001\u9006\u306b\u5927\u640d\u3057\u3066\u81f4\u547d\u50b7\u3092\u8ca0\u3046\u6295\u8cc7\u5bb6\u306e\u5883\u754c\u7dda\u306f\u3001\u300c\u30cb\u30e5\u30fc\u30b9\u306e\u88cf\u5074\u306b\u3042\u308b\u5e02\u5834\u306e\u7e54\u308a\u8fbc\u307f\u5ea6\uff08\u5148\u884c\u6027\uff09\u300d\u3092\u7406\u89e3\u3057\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"86\" id=\"p-rc_1bbfcdf4b3c91a41-274\"><span data-path-to-node=\"86,0\">\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306e\u682a\u4fa1\u306f\u3001\u4e00\u822c\u4f01\u696d\u306e\u682a\u4fa1\u306b\u6bd4\u3079\u3066\u3082\u3068\u308a\u308f\u3051\u300c\u5b9f\u969b\u306e\u4f01\u696d\u696d\u7e3e\uff08\u58f2\u4e0a\u3084\u7d14\u5229\u76ca\u306e\u767a\u8868\uff09\u3088\u308a\u3082\u3001\u534a\u5e74\u301c1\u5e74\u8fd1\u304f\u65e9\u304f\uff08\u5148\u884c\u3057\u3066\uff09\u52d5\u304f\u300d\u3068\u3044\u3046\u6975\u3081\u3066\u5f37\u3044\u6027\u8cea\u3092\u6301\u3063\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"86,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"86,2\">\u3002\u305d\u306e\u305f\u3081\u3001\u300c\u4eca\u73fe\u5728\u306e\u4f01\u696d\u306e\u6c7a\u7b97\u304c\u6700\u9ad8\u3067\u3001\u65b0\u805e\u3084\u30c6\u30ec\u30d3\u304c\u534a\u5c0e\u4f53\u7279\u9700\u3092\u5927\u7d76\u8cdb\u3057\u3066\u3044\u308b\u6642\u300d\u306b\u8cb7\u3044\u306b\u884c\u304f\u3068\u3001\u305d\u3053\u304c\u5f80\u3005\u306b\u3057\u3066\u300c\u682a\u4fa1\u306e\u5929\u4e95\uff08\u6700\u9ad8\u5024\uff09\u300d\u306b\u306a\u308a\u3001\u76f4\u5f8c\u306b\u5927\u66b4\u843d\u306b\u5dfb\u304d\u8fbc\u307e\u308c\u308b\u3068\u3044\u3046\u60b2\u5287\uff08\u9ad8\u5024\u63b4\u307f\uff09\u304c\u767a\u751f\u3057\u307e\u3059<\/span><span data-path-to-node=\"86,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"86,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"87\">\u3053\u306e\u30df\u30b9\u30de\u30c3\u30c1\u3092\u9632\u304e\u3001\u30b5\u30a4\u30af\u30eb\u306e\u6ce2\u3092\u5473\u65b9\u306b\u3064\u3051\u308b\u305f\u3081\u306b\u3001\u8ce2\u660e\u306a\u6295\u8cc7\u5bb6\u304c\u65e5\u3005\u306e\u30cb\u30e5\u30fc\u30b9\u306e\u88cf\u3067\u5fc5\u305a\u30c1\u30a7\u30c3\u30af\u3057\u3066\u3044\u308b\u300c3\u3064\u306e\u5148\u884c\u6307\u6a19\u300d\u306e\u8aad\u307f\u65b9\u3092\u4f1d\u6388\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"88\">\u2460 B\/B\u30ec\u30b7\u30aa\uff08Book-to-Bill Ratio\uff1a\u53d7\u6ce8\u51fa\u8377\u6bd4\u7387\uff09<\/h3>\n<p data-path-to-node=\"89\" id=\"p-rc_1bbfcdf4b3c91a41-275\"><span data-path-to-node=\"89,0\">\u534a\u5c0e\u4f53\u88fd\u9020\u88c5\u7f6e\u696d\u754c\u306a\u3069\u306e\u666f\u6c17\u3092\u6e2c\u308b\u4e0a\u3067\u3001\u6700\u3082\u6b74\u53f2\u304c\u3042\u308a\u4fe1\u983c\u6027\u306e\u9ad8\u3044\u30e2\u30e1\u30f3\u30bf\u30e0\u6307\u6a19\u3067\u3059<\/span><span data-path-to-node=\"89,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"89,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"90\">\n<li>\n<p data-path-to-node=\"90,0,0\"><b data-path-to-node=\"90,0,0\" data-index-in-node=\"0\">\u6570\u5f0f\uff1a<\/b> <span class=\"math-inline\" data-math=\"\\text{B\/B\u30ec\u30b7\u30aa} = \\frac{\\text{\u3042\u308b\u671f\u9593\u306e\u53d7\u6ce8\u984d\uff08Book\uff09}}{\\text{\u540c\u671f\u9593\u306e\u51fa\u8377\u984d\uff08Bill\uff09}}\" data-index-in-node=\"4\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/06\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-06-24-12.29.07-300x35.png\" alt=\"\" width=\"403\" height=\"47\" class=\"alignnone  wp-image-26356\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/06\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-06-24-12.29.07-300x35.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/06\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-06-24-12.29.07.png 644w\" sizes=\"(max-width: 403px) 100vw, 403px\" \/><\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"90,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-276\"><span data-path-to-node=\"90,1,0,0\"><b data-path-to-node=\"90,1,0,0\" data-index-in-node=\"0\">\u57fa\u6e96\u5024\u306e\u8aad\u307f\u65b9\uff1a<\/b> <b data-path-to-node=\"90,1,0,0\" data-index-in-node=\"9\">\u300c1.00\u300d\u304c\u597d\u4e0d\u6cc1\u306e\u7d76\u5bfe\u7684\u306a\u5206\u5c90\u70b9<\/b>\u3067\u3059<\/span><span data-path-to-node=\"90,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,1,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"90,1,1\">\n<li>\n<p data-path-to-node=\"90,1,1,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-277\"><span data-path-to-node=\"90,1,1,0,0,0\"><b data-path-to-node=\"90,1,1,0,0,0\" data-index-in-node=\"0\">\u300c1.00\u4ee5\u4e0a\u300d\uff08\u4f8b\uff1a1.15\uff09\uff1a<\/b> \u30e1\u30fc\u30ab\u30fc\u304c\u88fd\u54c1\u3092\u51fa\u8377\u3057\u3066\u3044\u308b\u30b9\u30d4\u30fc\u30c9\u3088\u308a\u3082\u3001\u4e16\u754c\u4e2d\u306e\u534a\u5c0e\u4f53\u30e1\u30fc\u30ab\u30fc\u304b\u3089\u300c\u6a5f\u68b0\u3092\u58f2\u3063\u3066\u304f\u308c\u300d\u3068\u3044\u3046\u65b0\u3057\u3044\u6ce8\u6587\uff08\u53d7\u6ce8\uff09\u304c\u5165\u308b\u30b9\u30d4\u30fc\u30c9\u306e\u65b9\u304c\u65e9\u3044\u72b6\u614b\u3067\u3059<\/span><span data-path-to-node=\"90,1,1,0,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,1,1,0,0,2\">\u3002\u3053\u308c\u306f\u6570\u30f6\u6708\u301c\u534a\u5e74\u5f8c\u306e\u58f2\u4e0a\u304c\u3055\u3089\u306b\u62e1\u5927\u3059\u308b\u3053\u3068\u3092\u793a\u3059\u300c\u5f37\u6c17\u306e\u30b5\u30a4\u30f3\u300d\u3068\u306a\u308a\u307e\u3059<\/span><span data-path-to-node=\"90,1,1,0,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,1,1,0,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"90,1,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-278\"><span data-path-to-node=\"90,1,1,1,0,0\"><b data-path-to-node=\"90,1,1,1,0,0\" data-index-in-node=\"0\">\u300c1.00\u672a\u6e80\u300d\uff08\u4f8b\uff1a0.85\uff09\uff1a<\/b> \u904e\u53bb\u306e\u6ce8\u6587\u5206\u3092\u51fa\u8377\uff08\u7d0d\u54c1\uff09\u3057\u3066\u58f2\u4e0a\u3092\u7acb\u3066\u3066\u306f\u3044\u308b\u3082\u306e\u306e\u3001\u65b0\u898f\u306e\u6ce8\u6587\u304c\u5148\u7d30\u308a\u3057\u3066\u3044\u308b\u72b6\u614b\u3067\u3059<\/span><span data-path-to-node=\"90,1,1,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,1,1,1,0,2\">\u3002\u3053\u308c\u306f\u5c06\u6765\u306e\u58f2\u4e0a\u304c\u6e1b\u5c11\u3057\u3066\u3044\u304f\u3053\u3068\u3092\u793a\u3059\u300c\u8b66\u6212\u30fb\u6e1b\u901f\u306e\u30b5\u30a4\u30f3\u300d\u306b\u306a\u308a\u307e\u3059<\/span><span data-path-to-node=\"90,1,1,1,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,1,1,1,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"90,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-279\"><span data-path-to-node=\"90,2,0,0\"><b data-path-to-node=\"90,2,0,0\" data-index-in-node=\"0\">\u58f2\u8cb7\u3078\u306e\u5fdc\u7528\uff1a<\/b> B\/B\u30ec\u30b7\u30aa\u304c1.00\u3092\u5927\u5e45\u306b\u5272\u308a\u8fbc\u307f\u30010.7\u301c0.8\u53f0\u3067\u4f4e\u8ff7\u3057\u3066\u3044\u308b\u6642\u671f\u306f\u3001\u30e1\u30c7\u30a3\u30a2\u3067\u306f\u300c\u534a\u5c0e\u4f53\u4e0d\u6cc1\u3001\u6697\u96f2\u7acb\u3061\u8fbc\u3081\u308b\u300d\u3068\u5831\u3058\u3089\u308c\u307e\u3059\u304c\u3001\u682a\u4fa1\u306f\u3059\u3067\u306b\u305d\u306e\u60aa\u6750\u6599\u3092\u7e54\u308a\u8fbc\u3093\u3067\u5e95\u5024\u570f\u306b\u9054\u3057\u3066\u3044\u308b\uff08\u7d76\u597d\u306e\u8cb7\u3044\u5834\uff09\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002\u9006\u306b\u30011.2\u301c1.3\u3068\u3044\u3046\u7570\u5e38\u306a\u9ad8\u6c34\u6e96\u304c\u4f55\u30f6\u6708\u3082\u7d9a\u304d\u3001\u3053\u308c\u4ee5\u4e0a\u306e\u6ce8\u6587\u5897\u52a0\u304c\u898b\u8fbc\u3081\u306a\u3044\uff08\u30d4\u30fc\u30af\u30a2\u30a6\u30c8\u3059\u308b\uff09\u77ac\u9593\u304c\u3001\u6700\u5927\u306e\u58f2\u308a\u30b7\u30b0\u30ca\u30eb\u3068\u306a\u308a\u307e\u3059<\/span><span data-path-to-node=\"90,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"90,2,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"91\">\u2461 \u4f01\u696d\u306e\u300c\u5728\u5eab\u56de\u8ee2\u65e5\u6570\uff08Days Sales of Inventory\uff09\u300d\u306e\u5897\u6e1b<\/h3>\n<p data-path-to-node=\"92\" id=\"p-rc_1bbfcdf4b3c91a41-280\"><span data-path-to-node=\"92,0\">\u5404\u534a\u5c0e\u4f53\u4f01\u696d\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\uff08\u8cb8\u501f\u5bfe\u7167\u8868\uff09\u3084\u6c7a\u7b97\u8aac\u660e\u8cc7\u6599\u306b\u767b\u5834\u3059\u308b\u3001\u5009\u5eab\u306e\u4e2d\u306e\u5728\u5eab\u306e\u5065\u5168\u6027\u3092\u8868\u3059\u6307\u6a19\u3067\u3059<\/span><span data-path-to-node=\"92,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"92,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"93\">\n<li>\n<p data-path-to-node=\"93,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-281\"><span data-path-to-node=\"93,0,0,0\"><b data-path-to-node=\"93,0,0,0\" data-index-in-node=\"0\">\u8aad\u307f\u65b9\uff1a<\/b> \u534a\u5c0e\u4f53\u88fd\u54c1\u304c\u4f5c\u3089\u308c\u3066\u304b\u3089\u3001\u9867\u5ba2\u306b\u58f2\u308c\u308b\u307e\u3067\u306b\u5e73\u5747\u3057\u3066\u4f55\u65e5\u5009\u5eab\u306b\u7720\u3063\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059<\/span><span data-path-to-node=\"93,0,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,0,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"93,0,1\">\n<li>\n<p data-path-to-node=\"93,0,1,0,0\" id=\"p-rc_1bbfcdf4b3c91a41-282\"><span data-path-to-node=\"93,0,1,0,0,0\"><b data-path-to-node=\"93,0,1,0,0,0\" data-index-in-node=\"0\">\u5728\u5eab\u56de\u8ee2\u65e5\u6570\u304c\u6025\u6fc0\u306b\u4e0a\u6607\u3057\u3066\u3044\u308b\u6642\uff1a<\/b> \u5e02\u5834\u306e\u9700\u8981\u304c\u6025\u901f\u306b\u51b7\u3048\u8fbc\u307f\u3001\u4f5c\u3063\u305f\u30c1\u30c3\u30d7\u304c\u58f2\u308c\u6b8b\u3063\u3066\u5009\u5eab\u306b\u7a4d\u307f\u4e0a\u304c\u3063\u3066\u3044\u308b\uff08\u5728\u5eab\u306e\u30c0\u30d6\u3064\u304d\uff09\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059<\/span><span data-path-to-node=\"93,0,1,0,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,0,1,0,0,2\">\u3002\u8fd1\u3044\u3046\u3061\u306b\u3001\u4f01\u696d\u306f\u4fa1\u683c\u3092\u6295\u3052\u58f2\u308a\uff08\u5024\u4e0b\u3052\uff09\u3059\u308b\u304b\u3001\u5de5\u5834\u306e\u7a3c\u50cd\u7387\u3092\u4e0b\u3052\u3066\u300c\u6e1b\u7523\u300d\u306b\u8ffd\u3044\u8fbc\u307e\u308c\u3001\u696d\u7e3e\u304c\u5927\u304d\u304f\u60aa\u5316\u3057\u307e\u3059<\/span><span data-path-to-node=\"93,0,1,0,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,0,1,0,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"93,0,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-283\"><span data-path-to-node=\"93,0,1,1,0,0\"><b data-path-to-node=\"93,0,1,1,0,0\" data-index-in-node=\"0\">\u5728\u5eab\u56de\u8ee2\u65e5\u6570\u304c\u6b74\u53f2\u7684\u4f4e\u6c34\u6e96\u306b\u3042\u308b\u6642\uff1a<\/b> \u4f5c\u3063\u305f\u305d\u3070\u304b\u3089\u98db\u3076\u3088\u3046\u306b\u58f2\u308c\u3066\u3044\u304f\u305f\u3081\u3001\u5009\u5eab\u304c\u5e38\u306b\u7a7a\u3063\u307d\uff08\u4f9b\u7d66\u4e0d\u8db3\uff09\u306e\u72b6\u614b\u3067\u3059<\/span><span data-path-to-node=\"93,0,1,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,0,1,1,0,2\">\u3002\u3053\u308c\u306f\u300c\u5024\u4e0a\u3052\u300d\u3084\u300c\u3055\u3089\u306a\u308b\u5897\u7523\uff08\u8a2d\u5099\u6295\u8cc7\u306e\u62e1\u5927\uff09\u300d\u306b\u3064\u306a\u304c\u308b\u597d\u5faa\u74b0\u3092\u793a\u3057\u307e\u3059<\/span><span data-path-to-node=\"93,0,1,1,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,0,1,1,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"93,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-284\"><span data-path-to-node=\"93,1,0,0\"><b data-path-to-node=\"93,1,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u306e\u683c\u8a00\uff1a<\/b> <b data-path-to-node=\"93,1,0,0\" data-index-in-node=\"7\">\u300e\u534a\u5c0e\u4f53\u682a\u306e\u5e95\u306f\u3001\u5728\u5eab\u306e\u5c71\uff08\u30d4\u30fc\u30af\uff09\u3067\u5f62\u6210\u3055\u308c\u308b\u300f<\/b>\u3002\u30cb\u30e5\u30fc\u30b9\u3067\u300c\u4e3b\u8981\u30e1\u30fc\u30ab\u30fc\u306e\u5009\u5eab\u306b\u904e\u53bb\u6700\u5927\u306e\u58f2\u308c\u6b8b\u308a\u5728\u5eab\u304c\u7a4d\u307f\u4e0a\u304c\u308a\u3001\u5927\u8d64\u5b57\u306b\u8ee2\u843d\u3001\u6e1b\u7523\u3092\u767a\u8868\u300d\u3068\u5927\u3005\u7684\u306b\u5831\u3058\u3089\u308c\u305f\u307e\u3055\u306b\u305d\u306e\u77ac\u9593\u3001\u682a\u4fa1\uff08SOX\u6307\u6570\u306a\u3069\uff09\u306f\u5f80\u3005\u306b\u3057\u3066\u5927\u5e95\u3092\u6253\u3061\u3001\u731b\u70c8\u306a\u52e2\u3044\u3067\u53cd\u8ee2\u4e0a\u6607\u3092\u59cb\u3081\u307e\u3059<\/span><span data-path-to-node=\"93,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,1,0,2\">\u3002\u5e02\u5834\u306f\u300c\u3053\u308c\u4ee5\u4e0a\u5728\u5eab\u306f\u5897\u3048\u306a\u3044\u3002\u6e1b\u7523\u306b\u3088\u3063\u3066\u9700\u7d66\u306f\u3053\u308c\u304b\u3089\u6539\u5584\u306b\u5411\u304b\u3046\uff08\u6750\u6599\u51fa\u5c3d\u304f\u3057\uff09\u300d\u3068\u3001\u534a\u5e74\u5148\u3092\u898b\u636e\u3048\u3066\u52d5\u304d\u59cb\u3081\u308b\u304b\u3089\u3067\u3059<\/span><span data-path-to-node=\"93,1,0,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"93,1,0,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"94\">\u2462 \u30cf\u30a4\u30d1\u30fc\u30b9\u30b1\u30fc\u30e9\u30fc\u306e\u8a2d\u5099\u6295\u8cc7\u984d\uff08Capex\uff1aCapital Expenditure\uff09<\/h3>\n<p data-path-to-node=\"95\" id=\"p-rc_1bbfcdf4b3c91a41-285\"><span data-path-to-node=\"95,0\">\u73fe\u4ee3\u306e\u534a\u5c0e\u4f53\u5e02\u5834\u3001\u3068\u308a\u308f\u3051AI\u534a\u5c0e\u4f53\uff08\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u7b49\uff09\u3084\u6700\u5148\u7aef\u306e\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u5411\u3051\u30e1\u30e2\u30ea\uff08HBM\u306a\u3069\uff09\u306e\u6700\u5927\u306e\u8cb7\u3044\u624b\u306f\u3001\u300c\u30cf\u30a4\u30d1\u30fc\u30b9\u30b1\u30fc\u30e9\u30fc\u300d\u3068\u547c\u3070\u308c\u308b\u7c73\u56fd\u306e\u5de8\u5927IT\u4f01\u696d\u7fa4\u3067\u3059<\/span><span data-path-to-node=\"95,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"95,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<ul data-path-to-node=\"96\">\n<li>\n<p data-path-to-node=\"96,0,0\"><b data-path-to-node=\"96,0,0\" data-index-in-node=\"0\">\u5177\u4f53\u4f01\u696d\uff1a<\/b> \u30de\u30a4\u30af\u30ed\u30bd\u30d5\u30c8\u3001\u30a2\u30eb\u30d5\u30a1\u30d9\u30c3\u30c8\uff08\u30b0\u30fc\u30b0\u30eb\uff09\u3001\u30a2\u30de\u30be\u30f3\uff08AWS\uff09\u3001\u30e1\u30bf\uff08\u65e7\u30d5\u30a7\u30a4\u30b9\u30d6\u30c3\u30af\uff09\u306e4\u5927\u5de8\u982d\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"96,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-286\"><span data-path-to-node=\"96,1,0,0\"><b data-path-to-node=\"96,1,0,0\" data-index-in-node=\"0\">\u8aad\u307f\u65b9\uff1a<\/b> \u5f7c\u3089\u304c\u56db\u534a\u671f\u3054\u3068\u306b\u767a\u8868\u3059\u308b\u6c7a\u7b97\u306e\u4e2d\u3067\u3001\u81ea\u793e\u306eAI\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u69cb\u7bc9\u306b\u3069\u308c\u3060\u3051\u306e\u8cc7\u91d1\uff08Capex\uff09\u3092\u6ce8\u304e\u8fbc\u3080\u304b\u3001\u305d\u3057\u3066\u305d\u306e\u8a08\u753b\u3092\u300c\u4e0a\u65b9\u4fee\u6b63\u300d\u3059\u308b\u304b\u300c\u4e0b\u65b9\u4fee\u6b63\u300d\u3059\u308b\u304b\u3092\u4e16\u754c\u4e2d\u306e\u6295\u8cc7\u5bb6\u304c\u51dd\u8996\u3057\u3066\u3044\u307e\u3059<\/span><span data-path-to-node=\"96,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"96,1,0,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"96,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-287\"><span data-path-to-node=\"96,2,0,0\"><b data-path-to-node=\"96,2,0,0\" data-index-in-node=\"0\">\u58f2\u8cb7\u3078\u306e\u5fdc\u7528\uff1a<\/b> \u5f7c\u3089\u304c\u300c\u4eca\u5f8c\u3082\u751f\u6210AI\u306e\u8987\u6a29\u4e89\u3044\u306e\u305f\u3081\u306b\u3001\u30a4\u30f3\u30d5\u30e9\u6295\u8cc7\u306e\u624b\u3092\u7de9\u3081\u305a\u8a2d\u5099\u6295\u8cc7\u984d\u3092\u3055\u3089\u306b\u5897\u984d\u3059\u308b\u300d\u3068\u516c\u8a00\u3057\u3066\u3044\u308b\u9593\u306f\u3001\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u5168\u4f53\u306b\u5b89\u5b9a\u3057\u305f\u6ce8\u6587\u304c\u6d41\u308c\u7d9a\u3051\u308b\u305f\u3081\u3001\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u4e0a\u6607\u6ce2\uff08\u30b9\u30fc\u30d1\u30fc\u30b5\u30a4\u30af\u30eb\uff09\u306f\u307e\u3060\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3068\u5224\u65ad\u3067\u304d\u307e\u3059<\/span><span data-path-to-node=\"96,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"96,2,0,2\">\u3002\u9006\u306b\u5f7c\u3089\u304c\u300c\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u306e\u6295\u8cc7\u304c\u4e00\u5de1\u3057\u305f\u305f\u3081\u3001\u6765\u671f\u306fCapex\u3092\u6291\u5236\u30fb\u6700\u9069\u5316\u3059\u308b\u300d\u3068\u8a00\u3044\u59cb\u3081\u305f\u3089\u3001\u30b5\u30a4\u30af\u30eb\u5168\u4f53\u306e\u5929\u4e95\uff08\u7d42\u308f\u308a\u306e\u59cb\u307e\u308a\uff09\u304c\u6975\u3081\u3066\u8fd1\u3044\u5f37\u529b\u306a\u64a4\u9000\u30b7\u30b0\u30ca\u30eb\u3068\u306a\u308a\u307e\u3059\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"98\">\u58f2\u8cb7\u30b7\u30b0\u30ca\u30eb\u306e\u65b9\u7a0b\u5f0f\uff08\u307e\u3068\u3081\uff09<\/h3>\n<div class=\"horizontal-scroll-wrapper\">\n<table data-path-to-node=\"99\">\n<thead>\n<tr>\n<td><strong>\u5c40\u9762<\/strong><\/td>\n<td><strong>\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u30cb\u30e5\u30fc\u30b9\u74b0\u5883<\/strong><\/td>\n<td><strong>\u5404\u7a2e\u6307\u6a19\u306e\u52d5\u5411<\/strong><\/td>\n<td><strong>\u6295\u8cc7\u5bb6\u304c\u53d6\u308b\u3079\u304d\u30a2\u30af\u30b7\u30e7\u30f3<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"99,1,0,0\"><b data-path-to-node=\"99,1,0,0\" data-index-in-node=\"0\"> \u5927\u5e95\u570f\uff08\u8cb7\u3044\u6642\uff09<\/b><\/span><\/td>\n<td>\n<p data-path-to-node=\"99,1,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-288\"><span data-path-to-node=\"99,1,1,0,0\">\u300c\u30b9\u30de\u30db\u30fbPC\u9700\u8981\u306e\u4f4e\u8ff7\u300d\u300c\u534a\u5c0e\u4f53\u5927\u4e0d\u6cc1\u306b\u7a81\u5165\u300d\u300c\u5404\u793e\u304c\u8d64\u5b57\u8ee2\u843d\u3001\u4e00\u6589\u306b\u6e1b\u7523\u30fb\u8a2d\u5099\u6295\u8cc7\u51cd\u7d50\u3092\u767a\u8868\u300d<\/span><span data-path-to-node=\"99,1,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<td>\n<p data-path-to-node=\"99,1,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-289\"><span data-path-to-node=\"99,1,2,0,0\">\u30fbB\/B\u30ec\u30b7\u30aa\u304c1.00\u3092\u5927\u304d\u304f\u5272\u308a\u8fbc\u3080<\/span><span data-path-to-node=\"99,1,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,1,2,2\" id=\"p-rc_1bbfcdf4b3c91a41-290\"><span data-path-to-node=\"99,1,2,2,0\">\u30fb\u5728\u5eab\u56de\u8ee2\u65e5\u6570\u304c\u6b74\u53f2\u7684\u30d4\u30fc\u30af\u306b\u9054\u3059\u308b<\/span><span data-path-to-node=\"99,1,2,2,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,1,2,4\" id=\"p-rc_1bbfcdf4b3c91a41-291\"><span data-path-to-node=\"99,1,2,4,0\">\u30fb\u6700\u60aa\u306e\u30cb\u30e5\u30fc\u30b9\u304c\u51fa\u3066\u3044\u308b\u306e\u306b\u3001\u682a\u4fa1\u304c\u305d\u308c\u4ee5\u4e0a\u4e0b\u304c\u3089\u306a\u304f\u306a\u308b\uff08\u60aa\u6750\u6599\u51fa\u5c3d\u304f\u3057\uff09<\/span><span data-path-to-node=\"99,1,2,4,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<td>\n<p data-path-to-node=\"99,1,3,0\"><b data-path-to-node=\"99,1,3,0\" data-index-in-node=\"0\">\u3010\u7a4d\u6975\u7684\u306a\u4ed5\u8fbc\u307f\u3011<\/b><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,1,3,2\" id=\"p-rc_1bbfcdf4b3c91a41-292\"><span data-path-to-node=\"99,1,3,2,0\">\u534a\u5c0e\u4f53ETF\uff08SMH\u3084213A\u306a\u3069\uff09\u3092\u30b9\u30dd\u30c3\u30c8\u3067\u8cb7\u3044\u5897\u3059\u3001\u3042\u308b\u3044\u306f\u6bce\u6708\u306e\u7a4d\u7acb\u6295\u8cc7\u306e\u8a2d\u5b9a\u984d\u3092\u5897\u984d\u3057\u3066\u3001\u5b89\u3044\u4ed5\u5165\u308c\u5358\u4fa1\u3092\u4ed5\u8fbc\u3080<\/span><span data-path-to-node=\"99,1,3,2,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"99,1,3,2,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"99,2,0,0\"><b data-path-to-node=\"99,2,0,0\" data-index-in-node=\"0\"> \u5929\u4e95\u570f\uff08\u58f2\u308a\u6642\uff09<\/b><\/span><\/td>\n<td>\n<p data-path-to-node=\"99,2,1,0\" id=\"p-rc_1bbfcdf4b3c91a41-293\"><span data-path-to-node=\"99,2,1,0,0\">\u300c\u4e16\u754c\u7684\u306a\u534a\u5c0e\u4f53\u4e0d\u8db3\u304c\u6df1\u523b\u5316\u300d\u300c\u904e\u53bb\u6700\u9ad8\u306e\u58f2\u4e0a\u30fb\u7d14\u5229\u76ca\u3092\u66f4\u65b0\u300d\u300c\u25cb\u25cb\u7279\u9700\u306b\u3088\u308a\u682a\u4fa1\u306f\u9752\u5929\u4e95\u3001\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u4e0a\u65b9\u4fee\u6b63\u304c\u76f8\u6b21\u3050\u300d<\/span><span data-path-to-node=\"99,2,1,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<td>\n<p data-path-to-node=\"99,2,2,0\" id=\"p-rc_1bbfcdf4b3c91a41-294\"><span data-path-to-node=\"99,2,2,0,0\">\u30fbB\/B\u30ec\u30b7\u30aa\u304c1.2\u301c1.3\u4ee5\u4e0a\u306e\u7570\u5e38\u9ad8\u6c34\u6e96\u304b\u3089\u30d4\u30fc\u30af\u30a2\u30a6\u30c8\u3057\u59cb\u3081\u308b<\/span><span data-path-to-node=\"99,2,2,0,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,2,2,2\" id=\"p-rc_1bbfcdf4b3c91a41-295\"><span data-path-to-node=\"99,2,2,2,0\">\u30fb\u4f01\u696d\u306e\u5229\u76ca\u7387\uff08\u30b0\u30ed\u30b9\u30de\u30fc\u30b8\u30f3\uff09\u304c\u904e\u53bb\u6700\u9ad8\u6c34\u6e96\u306b\u5230\u9054\u3059\u308b<\/span><span data-path-to-node=\"99,2,2,2,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,2,2,4\" id=\"p-rc_1bbfcdf4b3c91a41-296\"><span data-path-to-node=\"99,2,2,4,0\">\u30fb\u300c\u9a5a\u7570\u7684\u306a\u597d\u6c7a\u7b97\u300d\u3092\u767a\u8868\u3057\u305f\u5f53\u65e5\u3001\u682a\u4fa1\u304c\u4e8b\u5b9f\u58f2\u308a\uff08\u6750\u6599\u51fa\u5c3d\u304f\u3057\uff09\u3067\u5927\u304d\u304f\u4e0b\u843d\u3057\u59cb\u3081\u308b<\/span><span data-path-to-node=\"99,2,2,4,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<td>\n<p data-path-to-node=\"99,2,3,0\"><b data-path-to-node=\"99,2,3,0\" data-index-in-node=\"0\">\u3010\u5229\u76ca\u78ba\u5b9a\u30fb\u5b88\u308a\u306e\u59ff\u52e2\u3011<\/b><\/p>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"99,2,3,2\" id=\"p-rc_1bbfcdf4b3c91a41-297\"><span data-path-to-node=\"99,2,3,2,0\">\u542b\u307f\u76ca\u306e\u4e00\u90e8\u3092\u58f2\u5374\uff08\u5229\u98df\u3044\uff09\u3057\u3066\u73fe\u91d1\u6bd4\u7387\u3092\u9ad8\u3081\u308b<\/span><span data-path-to-node=\"99,2,3,2,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"99,2,3,2,2\">\u3002\u7279\u306b\u30ec\u30d0\u30ec\u30c3\u30b8\u578b\u5546\u54c1\uff08SOXL\u306a\u3069\uff09\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u306f\u3001\u3053\u306e\u5c40\u9762\u307e\u3067\u306b\u5b8c\u5168\u306b\u58f2\u5374\u3057\u3066\u6226\u7dda\u96e2\u8131\u3059\u308b<\/span><span data-path-to-node=\"99,2,3,2,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"99,2,3,2,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2 data-path-to-node=\"101\">6. \u8cc7\u7523\u3092\u5b89\u5168\u306b\u80b2\u3066\u308b\u305f\u3081\u306e\u300c\u521d\u5fc3\u8005\u5411\u3051\u5b9f\u8df54\u30b9\u30c6\u30c3\u30d7\u300d<\/h2>\n<p data-path-to-node=\"102\" id=\"p-rc_1bbfcdf4b3c91a41-298\"><span data-path-to-node=\"102,0\">\u3053\u3053\u307e\u3067\u306e\u30de\u30af\u30ed\u306a\u77e5\u8b58\u3092\u30d9\u30fc\u30b9\u306b\u3001\u521d\u5fc3\u8005\u304c\u4eca\u65e5\u304b\u3089\u5b9f\u969b\u306b\u534a\u5c0e\u4f53ETF\u6295\u8cc7\u3092\u30b9\u30bf\u30fc\u30c8\u3057\u3001\u9014\u4e2d\u3067\u632b\u6298\u3059\u308b\u3053\u3068\u306a\u304f\u5b89\u5168\u306b\u8cc7\u7523\u3092\u62e1\u5927\u3057\u3066\u3044\u304f\u305f\u3081\u306e\u5177\u4f53\u7684\u306a\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3092\u63d0\u793a\u3057\u307e\u3059<\/span><span data-path-to-node=\"102,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"102,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<div class=\"attachment-container unknown\">\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><sequence class=\"lm-enabled ng-star-inserted\"><\/sequence><\/response-element><\/p>\n<div class=\"sequence-container\" jslog=\"308913;track:impression,attention\">\n<div class=\"sequence-event ng-star-inserted\">\n<div class=\"sequence-event-content\">\n<div class=\"sequence-event-description gds-body-l\">\n<p><span only-show-to-message-actions=\"\" data-test-id=\"sequence-export-header\" class=\"only-show-to-message-actions\"><strong>1.\u8a3c\u5238\u53e3\u5ea7\u306e\u958b\u8a2d\u3068NISA\uff08\u975e\u8ab2\u7a0e\u67a0\uff09\u306e\u8a2d\u5b9a:<\/strong>\u30b3\u30b9\u30c8\u306e\u6700\u5c0f\u5316\u3002<\/span><structured-node-sequence class=\"ng-star-inserted\"><\/structured-node-sequence><\/p>\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u534a\u5c0e\u4f53\u6295\u8cc7\u306e\u7b2c\u4e00\u6b69\u306f\u3001\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u9078\u3073\u3067\u3059\u3002\u5e97\u8217\u578b\u306e\u5f93\u6765\u578b\u8a3c\u5238\u4f1a\u793e\u3084\u9280\u884c\u306f\u3001\u624b\u6570\u6599\u3084\u4fe1\u8a17\u5831\u916c\u306e\u9ad8\u3044\u6295\u8cc7\u4fe1\u8a17\u3092\u52e7\u3081\u3089\u308c\u308b\u30ea\u30b9\u30af\u304c\u3042\u308b\u305f\u3081\u3001\u907f\u3051\u3066\u304f\u3060\u3055\u3044\u3002 \u624b\u6570\u6599\u304c\u5727\u5012\u7684\u306b\u5b89\u304f\u3001\u7c73\u56fdETF\u3084\u6771\u8a3cETF\u306e\u53d6\u6271\u6570\u304c\u8c4a\u5bcc\u306a\u5927\u624b\u306e\u7dcf\u5408\u30cd\u30c3\u30c8\u8a3c\u5238\uff08SBI\u8a3c\u5238\u3001\u697d\u5929\u8a3c\u5238\u3001\u30de\u30cd\u30c3\u30af\u30b9\u8a3c\u5238\u306a\u3069\uff09\u3067\u53e3\u5ea7\u3092\u958b\u8a2d\u3057\u307e\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u305d\u306e\u969b\u3001\u904b\u7528\u3067\u5f97\u305f\u58f2\u5374\u76ca\u3084\u914d\u5f53\u91d1\uff08\u5206\u914d\u91d1\uff09\u306b\u901a\u5e38\u304b\u304b\u308b\u7d0420%\u306e\u7a0e\u91d1\u304c\u5b8c\u5168\u306b\u30bc\u30ed\uff08\u975e\u8ab2\u7a0e\uff09\u306b\u306a\u308b\u300cNISA\uff08\u5c11\u984d\u6295\u8cc7\u975e\u8ab2\u7a0e\u5236\u5ea6\uff09\u300d\u306e\u53e3\u5ea7\u3082\u5fc5\u305a\u540c\u6642\u306b\u7533\u3057\u8fbc\u307f\u3001\u624b\u7d9a\u304d\u3092\u5b8c\u4e86\u3055\u305b\u3066\u304f\u3060\u3055\u3044<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u534a\u5c0e\u4f53ETF\u306f\u300c\u6210\u9577\u6295\u8cc7\u67a0\u300d\u3092\u4f7f\u3063\u3066\u8cfc\u5165\u304c\u53ef\u80fd\u3067\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"sequence-event ng-star-inserted\">\n<div class=\"sequence-event-content\">\n<div class=\"sequence-event-description gds-body-l\">\n<p><span only-show-to-message-actions=\"\" data-test-id=\"sequence-export-header\" class=\"only-show-to-message-actions\"><strong>2.\u81ea\u5206\u306e\u8ef8\u306b\u5408\u308f\u305b\u305f\u300c\u6295\u8cc7\u56fd\uff08\u5e02\u5834\uff09\u300d\u306e\u9078\u5b9a:<\/strong>\u6226\u7565\u306e\u5177\u4f53\u5316\u3002<\/span><structured-node-sequence class=\"ng-star-inserted\"><\/structured-node-sequence><\/p>\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u5148\u8ff0\u3057\u305f\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u3068\u65e5\u7c73ETF\u306e\u7279\u5fb4\u3092\u5929\u79e4\u306b\u304b\u3051\u3001\u81ea\u5206\u306e\u30b3\u30a2\u3068\u306a\u308b\u6295\u8cc7\u5148\u3092\u6c7a\u3081\u307e\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p><structured-list class=\"ng-star-inserted\"><\/structured-list><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\"><structured-node-sequence class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\"><b>\u7c73\u56fd\u306eAI\u30d6\u30fc\u30e0\u3001\u30c6\u30c3\u30af\u5de8\u982d\u306e\u5727\u5012\u7684\u306a\u8a2d\u8a08\u529b\u30fb\u30bd\u30d5\u30c8\u30a6\u30a7\u30a2\u306e\u8987\u6a29\u306b\u30d9\u30c3\u30c8\u3057\u305f\u3044\u5834\u5408\uff1a<\/b> \u7c73\u56fd\u5e02\u5834\u306b\u4e0a\u5834\u3059\u308b\u300cSMH\u300d\u3084\u300cSOXX\u300d<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\uff08\u307e\u305f\u306f\u6771\u8a3c\u3067\u624b\u8efd\u306b\u5186\u5efa\u3066\u3067\u8cb7\u3048\u308b\u300c2513\u300d<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\uff09\u3092\u9078\u3073\u307e\u3059\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p>&nbsp;<\/p>\n<p><\/structured-node-sequence><\/li>\n<li class=\"ng-star-inserted\"><structured-node-sequence class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\"><b>\u65e5\u672c\u306e\u8077\u4eba\u6280\u3068\u3082\u8a00\u3048\u308b\u300c\u8d85\u7cbe\u5bc6\u88fd\u9020\u88c5\u7f6e\u300d\u3084\u300c\u9ad8\u5ea6\u306a\u5316\u5b66\u7d20\u6750\u300d\u306e\u4e16\u754c\u30b7\u30a7\u30a2\u306b\u88cf\u5074\u304b\u3089\u30d9\u30c3\u30c8\u3057\u305f\u3044\u5834\u5408\uff1a<\/b> \u6771\u8a3c\u4e0a\u5834\u306e\u300c213A\u300d\u3084\u300c200A\u300d<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\uff08\u3088\u308a\u5c16\u3089\u305b\u308b\u306a\u3089\u30c8\u30c3\u30d710\u793e\u96c6\u4e2d\u306e\u300c282A\u300d<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\uff09\u3092\u9078\u3073\u307e\u3059\u3002 \u81ea\u5206\u306e\u4e88\u7b97\u3084\u3001\u7c73\u30c9\u30eb\u5efa\u3066\u53d6\u5f15\u306b\u5bfe\u3059\u308b\u5fc3\u7406\u7684\u30cf\u30fc\u30c9\u30eb\uff08\u70ba\u66ff\u624b\u6570\u6599\u306e\u624b\u9593\u306a\u3069\uff09\u3092\u8003\u616e\u3057\u3066\u3001\u6700\u521d\u306f1\u301c2\u9298\u67c4\u306b\u7d5e\u308a\u8fbc\u3080\u306e\u304c\u8ce2\u660e\u3067\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p>&nbsp;<\/p>\n<p><\/structured-node-sequence><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"sequence-event ng-star-inserted\">\n<div class=\"sequence-event-content\">\n<div class=\"sequence-event-description gds-body-l\">\n<p><span only-show-to-message-actions=\"\" data-test-id=\"sequence-export-header\" class=\"only-show-to-message-actions\"><strong>3.\u300c\u6642\u9593\u300d\u3092\u7d30\u304b\u304f\u5206\u6563\u3059\u308b\uff08\u5b9a\u984d\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\uff09:<\/strong>\u6700\u5927\u306e\u30ea\u30b9\u30af\u30d8\u30c3\u30b8\u3002<\/span><structured-node-sequence class=\"ng-star-inserted\"><\/structured-node-sequence><\/p>\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u534a\u5c0e\u4f53ETF\u306f\u3001\u4f55\u5ea6\u3082\u89e3\u8aac\u3057\u3066\u3044\u308b\u901a\u308a\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u5024\u52d5\u304d\u306e\u6fc0\u3057\u3055\uff09\u306e\u584a\u3067\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u6295\u8cc7\u8cc7\u91d1\u304c100\u4e07\u5186\u3042\u308b\u304b\u3089\u3068\u3044\u3063\u3066\u3001\u3042\u308b\u65e5\u306e\u6708\u66dc\u65e5\u306b\u4e00\u62ec\u3067100\u4e07\u5186\u5206\u3059\u3079\u3066\u3092\u8cfc\u5165\u3057\u3066\u306f\u3044\u3051\u307e\u305b\u3093\u3002\u3082\u3057\u305d\u3053\u304c\u76f4\u8fd1\u306e\u6700\u9ad8\u5024\uff08\u5929\u4e95\uff09\u3060\u3063\u305f\u5834\u5408\u3001\u7fcc\u9031\u304b\u3089\u306e\u8abf\u6574\u5c40\u9762\u3067\u4e00\u6c17\u306b20\u4e07\u5186\u300130\u4e07\u5186\u306e\u542b\u307f\u640d\u3092\u62b1\u3048\u3001\u7cbe\u795e\u7684\u306b\u8010\u3048\u3089\u308c\u306a\u304f\u306a\u308a\u307e\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002 \u30ea\u30b9\u30af\u3092\u5b8c\u5168\u306b\u624b\u306a\u305a\u3051\u308b\u305f\u3081\u306e\u6700\u5f37\u306e\u624b\u6cd5\u304c\u3001**\u300c\u6bce\u6708\u5b9a\u984d\uff08\u4f8b\uff1a\u6bce\u67083\u4e07\u5186\u306a\u3069\uff09\u3067\u6a5f\u68b0\u7684\u306b\u8cb7\u3044\u8db3\u3057\u3066\u3044\u304f\u7a4d\u7acb\u6295\u8cc7\uff08\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\uff09\u300d**\u3067\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u4fa1\u683c\u304c\u6025\u9a30\u3057\u3066\u5272\u9ad8\u306a\u3068\u304d\u306b\u306f\u81ea\u52d5\u7684\u306b\u5c11\u306a\u3044\u53e3\u6570\u3092\u8cfc\u5165\u3057\u3001\u9006\u306b\u66b4\u843d\u3057\u3066\u5e02\u5834\u304c\u60b2\u9cf4\u3092\u4e0a\u3052\u3066\u3044\u308b\u3068\u304d\u306b\u306f\u81ea\u52d5\u7684\u306b\u591a\u304f\u306e\u53e3\u6570\u3092\u5b89\u5024\u3067\u5927\u91cf\u306b\u4ed5\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u3001\u9577\u671f\u9593\u306e\u5e73\u5747\u8cfc\u5165\u5358\u4fa1\u3092\u5b89\u5168\u306a\u6c34\u6e96\u306b\u5e73\u6e96\u5316\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u591a\u304f\u306e\u30cd\u30c3\u30c8\u8a3c\u5238\u3067\u306f\u3001\u6bce\u6708\u81ea\u52d5\u3067ETF\u3092\u8cb7\u3044\u4ed8\u3051\u308b\u7a4d\u7acb\u8a2d\u5b9a\u304c\u53ef\u80fd\u3067\u3059\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"sequence-event ng-star-inserted\">\n<div class=\"sequence-event-content\">\n<div class=\"sequence-event-description gds-body-l\">\n<p><span only-show-to-message-actions=\"\" data-test-id=\"sequence-export-header\" class=\"only-show-to-message-actions\"><strong>4.\u65e5\u3005\u306e\u30ce\u30a4\u30ba\u3092\u7121\u8996\u3057\u3001\u30b5\u30a4\u30af\u30eb\u3092\u307e\u305f\u3044\u3067\u300c\u9577\u671f\u653e\u7f6e\u300d:<\/strong>\u6295\u8cc7\u5bb6\u306e\u30e1\u30f3\u30bf\u30eb\u3002<\/span><structured-node-sequence class=\"ng-star-inserted\"><\/structured-node-sequence><\/p>\n<p class=\"ng-star-inserted\"><structured-node-sequence><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u7a4d\u7acb\u8a2d\u5b9a\u3092\u5b8c\u4e86\u3057\u305f\u5f8c\u306f\u3001\u30b9\u30de\u30fc\u30c8\u30d5\u30a9\u30f3\u306e\u6295\u8cc7\u30a2\u30d7\u30ea\u3092\u958b\u3044\u3066\u65e5\u3005\u306e\u682a\u4fa1\u30c1\u30e3\u30fc\u30c8\u3092\u4f55\u5ea6\u3082\u30c1\u30a7\u30c3\u30af\u3059\u308b\u306e\u3092\u3084\u3081\u307e\u3057\u3087\u3046\u3002\u30e1\u30c7\u30a3\u30a2\u3084SNS\u3067\u306f\u3001\u6bce\u65e5\u300c\u534a\u5c0e\u4f53\u30d0\u30d6\u30eb\u5d29\u58ca\u304b\u300d\u300c\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u306e\u6c7a\u7b97\u3001\u671f\u5f85\u306b\u5c4a\u304b\u305a\u6025\u843d\u300d\u3068\u3044\u3063\u305f\u3001\u77ed\u671f\u7684\u306a\u30a2\u30af\u30bb\u30b9\u6570\u3092\u7a3c\u3050\u305f\u3081\u306e\u523a\u6fc0\u7684\u306a\u30cb\u30e5\u30fc\u30b9\uff08\u30ce\u30a4\u30ba\uff09\u304c\u98db\u3073\u4ea4\u3044\u307e\u3059\u3002 \u3057\u304b\u3057\u3001\u4e2d\u9577\u671f\u7684\u306a\u30c7\u30b8\u30bf\u30eb\u793e\u4f1a\uff08AI\u3084IoT\u3001\u81ea\u52d5\u904b\u8ee2\uff09\u306e\u9032\u5c55\u3068\u3044\u3046\u30b0\u30e9\u30f3\u30c9\u30c8\u30ec\u30f3\u30c9\uff08\u5927\u304d\u306a\u6f6e\u6d41\uff09\u3092\u4fe1\u3058\u308b\u306e\u3067\u3042\u308c\u3070\u3001\u76ee\u5148\u306e3\u30f6\u6708\u30016\u30f6\u6708\u306e\u4fa1\u683c\u5909\u52d5\u306f\u305f\u3060\u306e\u300c\u3055\u3056\u6ce2\u300d\u306b\u904e\u304e\u307e\u305b\u3093<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u300c\u51ac\u300d\u304c\u6765\u3066\u3082\u3001\u300c\u4eca\u306f\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\u3067\u5b89\u304f\u5927\u91cf\u306b\u4ed5\u8fbc\u3081\u308b\u30dc\u30fc\u30ca\u30b9\u30bf\u30a4\u30e0\u3060\u300d\u3068\u6349\u3048\u30015\u5e74\u300110\u5e74\u3068\u3044\u3063\u305f\u4e2d\u9577\u671f\u306e\u8996\u70b9\u3067\u3069\u3063\u3057\u308a\u3068\u69cb\u3048\u3066\u4fdd\u6709\u3057\u7d9a\u3051\u308b\u3053\u3068\uff08\u30ac\u30c1\u30db\uff09\u304c\u3001\u6700\u7d42\u7684\u306b\u5927\u3044\u306a\u308b\u8907\u5229\u306e\u679c\u5b9f\u3092\u624b\u306b\u3059\u308b\u305f\u3081\u306e\u552f\u4e00\u306e\u6b63\u89e3\u3067\u3059<\/span><\/structured-text><structured-text class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u3002<\/span><\/structured-text><\/structured-node-sequence><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<h2 data-path-to-node=\"105\">\u7d50\u8ad6\uff1a\u534a\u5c0e\u4f53ETF\u306f\u3001\u672a\u6765\u306e\u30c7\u30b8\u30bf\u30eb\u793e\u4f1a\u306e\u300c\u5730\u4e3b\u300d\u306b\u306a\u308b\u5207\u7b26<\/h2>\n<p data-path-to-node=\"106\" id=\"p-rc_1bbfcdf4b3c91a41-299\"><span data-path-to-node=\"106,0\">\u534a\u5c0e\u4f53ETF\u3078\u306e\u6295\u8cc7\u306e\u672c\u8cea\u306f\u3001\u7279\u5b9a\u306e\u4f01\u696d\u306e\u6d6e\u6c88\u306b\u8ced\u3051\u308b\u30ae\u30e3\u30f3\u30d6\u30eb\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u305d\u308c\u306f\u3001\u3053\u308c\u304b\u3089\u306e\u4eba\u985e\u304c\u8fce\u3048\u308b\u672c\u683c\u7684\u306aAI\u6642\u4ee3\u3001\u81ea\u52d5\u904b\u8ee2\u793e\u4f1a\u3001\u3042\u3089\u3086\u308b\u30e2\u30ce\u304c\u30cd\u30c3\u30c8\u306b\u7e4b\u304c\u308b\u8d85\u9ad8\u5ea6\u60c5\u5831\u5316\u793e\u4f1a\u3068\u3044\u3046\u300c\u672a\u6765\u306e\u30a4\u30f3\u30d5\u30e9\u305d\u306e\u3082\u306e\u306e\u6240\u6709\u6a29\uff08\u5730\u4e3b\u306e\u6a29\u5229\uff09\u300d\u3092\u8cb7\u3044\u4ed8\u3051\u308b\u3001\u6975\u3081\u3066\u5408\u7406\u7684\u304b\u3064\u30a4\u30f3\u30c6\u30ea\u30b8\u30a7\u30f3\u30c8\u306a\u8cc7\u7523\u5f62\u6210\u306e\u624b\u6bb5\u3067\u3059<\/span><span data-path-to-node=\"106,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"106,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"107\" id=\"p-rc_1bbfcdf4b3c91a41-300\"><span data-path-to-node=\"107,0\">\u500b\u5225\u682a\u306e\u3088\u3046\u306a\u300c\u3042\u308b\u65e5\u7a81\u7136\u3001\u6295\u8cc7\u5148\u304c\u5012\u7523\u3059\u308b\u30ea\u30b9\u30af\u300d\u3084\u300c\u7af6\u5408\u4ed6\u793e\u3068\u306e\u6280\u8853\u7af6\u4e89\u306b\u8ca0\u3051\u3066\u4e00\u767a\u9000\u5834\u3059\u308b\u30ea\u30b9\u30af\u300d\u3092\u3001ETF\u3068\u3044\u3046\u512a\u308c\u305f\u30d1\u30c3\u30b1\u30fc\u30b8\uff08\u5206\u6563\u6295\u8cc7\u306e\u4ed5\u7d44\u307f\uff09\u306b\u3088\u3063\u3066\u5b8c\u5168\u306b\u9632\u5fa1\u3057\u3064\u3064\u3001\u30bb\u30af\u30bf\u30fc\u5168\u4f53\u304c\u6301\u3064\u7206\u767a\u7684\u306a\u6210\u9577\u306e\u30dc\u30fc\u30ca\u30b9\u3092\u4e38\u3054\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u7d44\u307f\u5165\u308c\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059<\/span><span data-path-to-node=\"107,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"107,2\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"108\">\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u6210\u529f\u3059\u308b\u305f\u3081\u306b\u5b88\u308b\u3079\u304d\u7d04\u675f\u4e8b\u306f\u30b7\u30f3\u30d7\u30eb\u3067\u3059\u3002<\/p>\n<ol start=\"1\" data-path-to-node=\"109\">\n<li>\n<p data-path-to-node=\"109,0,0\"><b data-path-to-node=\"109,0,0\" data-index-in-node=\"0\">\u300c\u8cc7\u7523\u5168\u4f53\u306e5%\u301c15%\u7a0b\u5ea6\u306e\u30b5\u30c6\u30e9\u30a4\u30c8\u67a0\u306b\u3068\u3069\u3081\u308b\u3053\u3068\uff08\u904e\u5ea6\u306a\u96c6\u4e2d\u6295\u8cc7\u306e\u7981\u6b62\uff09\u300d<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"109,1,0\"><b data-path-to-node=\"109,1,0\" data-index-in-node=\"0\">\u300c\u65e5\u3005\u306e\u5024\u52d5\u304d\u306b\u60d1\u308f\u3055\u308c\u306a\u3044\u3088\u3046\u3001\u6642\u9593\u306e\u5206\u6563\uff08\u7a4d\u7acb\u6295\u8cc7\uff09\u3092\u5fb9\u5e95\u3059\u308b\u3053\u3068\u300d<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"109,2,0\"><b data-path-to-node=\"109,2,0\" data-index-in-node=\"0\">\u300c\u81ea\u5206\u304c\u30d5\u30a1\u30d6\u30ec\u30b9\uff08\u8a2d\u8a08\uff09\u306b\u6295\u8cc7\u3057\u3066\u3044\u308b\u306e\u304b\u3001\u88c5\u7f6e\u30fb\u7d20\u6750\uff08\u9ed2\u5e55\uff09\u306b\u6295\u8cc7\u3057\u3066\u3044\u308b\u306e\u304b\u3068\u3044\u3046\u3001\u6700\u4f4e\u9650\u306e\u30d0\u30ea\u30e5\u30fc\u30c1\u30a7\u30fc\u30f3\u306e\u77e5\u8b58\u3092\u6301\u3064\u3053\u3068\u300d<\/b><\/p>\n<\/li>\n<\/ol>\n<p data-path-to-node=\"110\" id=\"p-rc_1bbfcdf4b3c91a41-304\"><span data-path-to-node=\"110,0\">\u534a\u5c0e\u4f53\u30bb\u30af\u30bf\u30fc\u306f\u3001\u300c\u696d\u7e3e\u304c\u4e00\u756a\u60aa\u3044\u3068\u304d\u306b\u682a\u4fa1\u304c\u4e0a\u304c\u308a\u59cb\u3081\u3001\u696d\u7e3e\u304c\u4e00\u756a\u8f1d\u3044\u3066\u3044\u308b\u3068\u304d\u306b\u682a\u4fa1\u304c\u4e0b\u304c\u308a\u59cb\u3081\u308b\u300d\u3068\u3044\u3046\u3001\u4eba\u9593\u306e\u76f4\u611f\u3068\u306f\u771f\u9006\u306e\u52d5\u304d\u3092\u898b\u305b\u308b\u5929\u90aa\u9b3c\u306a\u5e02\u5834\u3067\u3059<\/span><span data-path-to-node=\"110,1\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"110,2\">\u3002\u3060\u304b\u3089\u3053\u305d\u3001\u5c02\u9580\u7684\u306a\u77e5\u8b58\u3067\u6b66\u88c5\u3057\u3066\u51b7\u9759\u306b\u30de\u30fc\u30b1\u30c3\u30c8\u3092\u773a\u3081\u308b\u304b\u3001\u3082\u3057\u304f\u306f\u65e5\u3005\u306e\u5e02\u6cc1\u3092\u5b8c\u5168\u306b\u7121\u8996\u3057\u3066\u300c\u30c9\u30eb\u30b3\u30b9\u30c8\u5e73\u5747\u6cd5\u3067\u6de1\u3005\u3068\u7a4d\u307f\u7acb\u3066\u3066\u653e\u7f6e\u3059\u308b\u300d\u3068\u3044\u3046\u898f\u5f8b\u3092\u4fdd\u3066\u308b\u6295\u8cc7\u5bb6\u3060\u3051\u304c\u3001\u6700\u7d42\u7684\u306a\u52dd\u5229\u3092\u53ce\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059<\/span><span data-path-to-node=\"110,3\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><source-footnote _nghost-ng-c1131149521=\"\" class=\"ng-star-inserted\"><sup _ngcontent-ng-c1131149521=\"\" class=\"superscript\"><\/sup><\/source-footnote><\/response-element><\/span><span data-path-to-node=\"110,4\">\u3002<\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c960270383=\"\"><source-inline-chip _ngcontent-ng-c960270383=\"\" _nghost-ng-c3844551836=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"111\" id=\"p-rc_1bbfcdf4b3c91a41-305\"><span data-path-to-node=\"111,0\">\u65b0NISA\u53e3\u5ea7\u306e\u958b\u8a2d\u3084\u3001\u6771\u8a3c\u306e\u4f4e\u30b3\u30b9\u30c8ETF\uff08213A\u306a\u3069\uff09\u306e1\u53e3\u8cfc\u5165\u3068\u3044\u3063\u305f\u3001\u5c0f\u3055\u304f\u5177\u4f53\u7684\u306a\u4e00\u6b69\u3092\u4eca\u65e5\u304b\u3089\u8e0f\u307f\u51fa\u3057\u300110\u5e74\u5f8c\u306e\u672a\u6765\u306b\u5411\u3051\u305f\u529b\u5f37\u3044\u8cc7\u7523\u306e\u30a8\u30f3\u30b8\u30f3\u3092\u59cb\u52d5\u3055\u305b\u3066\u307f\u307e\u305b\u3093\u304b\uff1f<\/span><\/p>\n<div><\/div>\n<div class=\"xcd-attention-8 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title\"><span style=\"font-size: 18pt;\">\u30d7\u30ed\u306e\u77e5\u8b58\u304c\u7121\u6599\u3067\u5b66\u3079\u307e\u3059<\/span><\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 14pt;\"><strong>\u300c\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u4f55\u304b\u3089\u3084\u3063\u3066\u3044\u3044\u304b\u308f\u304b\u3089\u306a\u3044\u300d\u300c\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u4f5c\u308a\u305f\u3044\u3001\u53ce\u5165\u3092\u5897\u3084\u3057\u305f\u3044\u300d<\/strong><\/span><\/p>\n<p>\u305d\u3093\u306a\u6642\u306f<b><span class=\"f-marker-p\">\u7121\u6599\u3067\u8996\u8074\u3067\u304d\u308b\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u300c<a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\">GFS\u76e3\u4fee \u6295\u8cc7\u306e\u9054\u4eba\u8b1b\u5ea7<\/a>\u300d\u3092\u307e\u305a\u306f\u304a\u8a66\u3057\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/span><\/b><\/p>\n<p>\u6295\u8cc7\u306e\u9054\u4eba\u306b\u306a\u308b\u6295\u8cc7\u8b1b\u5ea7\u306f\u3001\u751f\u5f92\u657050,000\u4eba\u3092\u8d85\u3048\u8b1b\u7fa9\u6570\u65e5\u672c\u4e00\u306e\u6295\u8cc7\u30b9\u30af\u30fc\u30eb<a href=\"https:\/\/gfs.tokyo\/\">GFS<\/a>\u304c\u63d0\u4f9b\u3059\u308b\u7121\u6599\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u3067\u3059\u3002\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u8b1b\u5e2b\u304c\u3001\u672a\u7d4c\u9a13\u8005\u3084\u82e6\u624b\u610f\u8b58\u304c\u3042\u308b\u4eba\u3067\u3082\u5206\u304b\u308b\u3088\u3046\u306b\u3001\u6295\u8cc7\u306e\u4ed5\u7d44\u307f\u3084\u5168\u4f53\u50cf\u3001\u30eb\u30fc\u30eb\u3092\u57fa\u790e\u304b\u3089\u56f3\u89e3\u3092\u4ea4\u3048\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u306a\u308b\u3079\u304f\u52b9\u7387\u3088\u304f\u59cb\u3081\u305f\u3044\u4eba\u306f\u3001\u305c\u3072\u4e00\u5ea6\u3054\u8996\u8074\u304f\u3060\u3055\u3044\u3002<\/p>\n<div class=\"cv-btn-wrap\">\n<div class=\"cv-copy\" style=\"text-align: center;\"><strong><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\">\uff3c1\u5206\u3067\u7c21\u5358\u7533\u8fbc\uff0f<\/a><\/strong><\/div>\n<div class=\"cv-btn\" style=\"text-align: center;\"><strong><span class=\"cv-em\">\u7121\u6599<\/span><\/strong><br \/>\n<strong><span class=\"cv-text\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\n\">\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u306f\u3053\u3061\u3089<\/a><\/span><\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-path-to-node=\"4\">\u3010\u91cd\u8981\u3011\u514d\u8cac\u4e8b\u9805<\/h3>\n<ul data-path-to-node=\"5\">\n<li>\n<p data-path-to-node=\"5,0,0\"><b data-path-to-node=\"5,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u5224\u65ad\u306e\u6700\u7d42\u8cac\u4efb\uff1a<\/b> \u672c\u8a18\u4e8b\u3067\u7d39\u4ecb\u3057\u3066\u3044\u308b\u9298\u67c4\u3084\u30bb\u30af\u30bf\u30fc\u3001\u5206\u6790\u5185\u5bb9\u306f\u3001\u60c5\u5831\u63d0\u4f9b\u304a\u3088\u3073\u5b66\u7fd2\u306e\u5553\u767a\u306e\u307f\u3092\u76ee\u7684\u3068\u3057\u3066\u304a\u308a\u3001\u7279\u5b9a\u306e\u9298\u67c4\u306e\u58f2\u8cb7\u3092\u63a8\u5968\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6295\u8cc7\u306b\u95a2\u3059\u308b\u6700\u7d42\u6c7a\u5b9a\u306f\u3001\u5fc5\u305a\u3054\u81ea\u8eab\u306e\u5224\u65ad\u3068\u8cac\u4efb\u3067\u884c\u3063\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"5,1,0\"><b data-path-to-node=\"5,1,0\" data-index-in-node=\"0\">\u6210\u679c\u306e\u975e\u4fdd\u8a3c\uff1a<\/b> \u904e\u53bb\u306e\u30c7\u30fc\u30bf\u3084\u4e88\u6e2c\u306f\u3001\u5c06\u6765\u306e\u6295\u8cc7\u6210\u679c\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u5e02\u5834\u74b0\u5883\u306e\u5909\u5316\u306b\u3088\u308a\u3001\u8cc7\u7523\u304c\u6e1b\u5c11\u3059\u308b\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"5,2,0\"><b data-path-to-node=\"5,2,0\" data-index-in-node=\"0\">\u60c5\u5831\u306e\u6b63\u78ba\u6027\uff1a<\/b> 2026\u5e74\u6642\u70b9\u306e\u60c5\u5831\u306b\u57fa\u3065\u304d\u4f5c\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u305d\u306e\u6b63\u78ba\u6027\u3084\u5b8c\u5168\u6027\u3092\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6700\u65b0\u306e\u696d\u7e3e\u3084\u30cb\u30e5\u30fc\u30b9\u306f\u3001\u5fc5\u305a\u5404\u4f01\u696d\u306eIR\u30b5\u30a4\u30c8\u3084\u4e00\u6b21\u8cc7\u6599\u3067\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"5,3,0\"><b data-path-to-node=\"5,3,0\" data-index-in-node=\"0\">\u640d\u5931\u306e\u88dc\u511f\uff1a<\/b> \u672c\u8a18\u4e8b\u306e\u5185\u5bb9\u306b\u57fa\u3065\u3044\u3066\u88ab\u3063\u305f\u3044\u304b\u306a\u308b\u640d\u5bb3\uff08\u76f4\u63a5\u7684\u30fb\u9593\u63a5\u7684\u3092\u554f\u308f\u305a\uff09\u306b\u3064\u3044\u3066\u3082\u3001\u7b46\u8005\u306f\u4e00\u5207\u306e\u8cac\u4efb\u3092\u8ca0\u3044\u307e\u305b\u3093\u3002<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u3010\u521d\u5fc3\u8005\u5411\u3051\u3011\u534a\u5c0e\u4f53ETF\u3068\u306f\uff1f\u57fa\u790e\u77e5\u8b58\u30fb\u6ce8\u610f\u70b9\u304b\u3089\u65e5\u7c73\u304a\u3059\u3059\u308110\u9078\u307e\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac \u301c\u57fa\u790e\u77e5\u8b58\u304b\u3089\u30ea\u30b9\u30af\u7ba1\u7406\u3001\u65e5\u7c73\u4e3b\u898110\u9298\u67c4\u306e\u6df1\u6398\u308a\u3001\u30b7\u30ea\u30b3\u30f3\u30b5\u30a4\u30af\u30eb\u306e\u898b\u6975\u3081\u65b9\u307e\u3067\u301c \u306f\u3058\u3081\u306b\uff1a\u306a\u305c\u4eca\u3001\u534a\u5c0e\u4f53\u6295\u8cc7\u306a\u306e\u304b\uff1f 21\u4e16\u7d00 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":26354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[13,9],"acf":[],"_links":{"self":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/26326"}],"collection":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/comments?post=26326"}],"version-history":[{"count":7,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/26326\/revisions"}],"predecessor-version":[{"id":26357,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/26326\/revisions\/26357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media\/26354"}],"wp:attachment":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media?parent=26326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/categories?post=26326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}