{"id":33520,"date":"2026-11-02T09:53:26","date_gmt":"2026-11-02T00:53:26","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=33520"},"modified":"2026-11-02T09:53:26","modified_gmt":"2026-11-02T00:53:26","slug":"ue-when-it-comes-to-investment-trusts-is-it-a-choice-between-an-all-world-fund-and-a-japanese-stock-index-fund","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-when-it-comes-to-investment-trusts-is-it-a-choice-between-an-all-world-fund-and-a-japanese-stock-index-fund","title":{"rendered":"\u6295\u8cc7\u4fe1\u8a17\u306f\u30aa\u30eb\u30ab\u30f3\u4e00\u629e\uff1f\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u771f\u4fa1\u3068\u4f7f\u3044\u5206\u3051"},"content":{"rendered":"<h2 data-path-to-node=\"0\">\u6295\u8cc7\u4fe1\u8a17\u306f\u30aa\u30eb\u30ab\u30f3\u4e00\u629e\uff1f\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u771f\u4fa1\u3068\u4f7f\u3044\u5206\u3051<\/h2>\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<h4 data-path-to-node=\"1\">\u301cS&amp;P500\u30fb\u30aa\u30eb\u30ab\u30f3\u3068\u306e\u6bd4\u8f03\u304b\u3089\u3001\u65e5\u7d4c\u5e73\u5747\u30fbTOPIX\u306e\u69cb\u9020\u5dee\u3001\u9ad8\u914d\u5f53\u682a\u3068\u306e\u4f7f\u3044\u5206\u3051\u3001\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u306e\u8981\u8ae6\u307e\u3067\u301c<\/h4>\n<p data-path-to-node=\"2\"><span class=\"\">\u8fd1\u5e74\u3001<\/span><span class=\"\">\u65b0NISA\u306e\u666e\u53ca\u3068\u3068\u3082\u306b\u8cc7\u7523\u5f62\u6210\u3092\u30b9\u30bf\u30fc\u30c8\u3059\u308b\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u6025\u5897\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"2\"><span class=\"\">\u6295\u8cc7\u4fe1\u8a17\u3084\u8cc7\u7523\u904b\u7528\u306e\u8a71\u984c\u306b\u304a\u3044\u3066\u3001<\/span><span class=\"\">\u5fc5\u305a\u3068\u8a00\u3063\u3066\u3044\u3044\u307b\u3069\u540d\u524d\u304c\u6319\u304c\u308b\u306e\u304c<strong>\u300cS&amp;P500\uff08\u7c73\u56fd\u682a\u5f0f\uff09\u300d\u3068\u300c\u30aa\u30eb\u30ab\u30f3\uff08\u5168\u4e16\u754c\u682a\u5f0f\uff09\u300d\u306e2\u5927\u770b\u677f\u3067\u3059\u3002<\/strong><\/span><span class=\"\">\u300c\u3053\u306e\u3069\u3061\u3089\u304b1\u672c\u3092\u611a\u76f4\u306b\u7a4d\u307f\u7acb\u3066\u3066\u304a\u3051\u3070\u554f\u984c\u306a\u3044\u300d\u300c\u65e5\u672c\u682a\u306f\u4eba\u53e3\u6e1b\u5c11\u3067\u30aa\u30ef\u30b3\u30f3\u3060\u304b\u3089\u9078\u3076\u7406\u7531\u304c\u306a\u3044\u300d\u3068\u3044\u3063\u305f\u8ad6\u8abf\u3092SNS\u3084\u5404\u7a2e\u30e1\u30c7\u30a3\u30a2\u3067\u76ee\u306b\u3057\u305f\u3053\u3068\u304c\u3042\u308b\u65b9\u3082\u591a\u3044\u306e\u3067\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002<\/span><\/p>\n<p data-path-to-node=\"3\"><span class=\"\">\u3057\u304b\u3057<\/span><span class=\"f-marker-p\"><span class=\"\">\u3001<\/span><span class=\"\">2024\u5e74\u306e\u6b74\u53f2\u7684\u9ad8\u5024\u66f4\u65b0\u3001<\/span><span class=\"\">\u3055\u3089\u306b\u306f2026\u5e74\u306b\u81f3\u308b\u307e\u3067\u306e\u65e5\u672c\u682a\u5e02\u5834\u306e\u7206\u767a\u7684\u306a\u63a8\u79fb\u3001<\/span><span class=\"\">\u305d\u3057\u3066\u6771\u8a3c\uff08\u6771\u4eac\u8a3c\u5238\u53d6\u5f15\u6240\uff09\u4e3b\u5c0e\u306e\u30b3\u30fc\u30dd\u30ec\u30fc\u30c8\u30ac\u30d0\u30ca\u30f3\u30b9\u6539\u9769\u306e\u9032\u5c55\u3092\u7d4c\u3066\u3001<\/span><span>\u4eca\u6539\u3081\u3066\u300c\u306a\u305c\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306a\u306e\u304b\u300d\u300c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u304a\u3044\u3066\u3069\u306e\u3088\u3046\u306a\u5f79\u5272\u3092\u679c\u305f\u305b\u308b\u306e\u304b\u300d\u3068\u3044\u3046\u8b70\u8ad6\u304c\u6d3b\u767a\u5316\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/span><span><\/span><\/p>\n<p data-path-to-node=\"4\"><span>\u672c\u8a18\u4e8b\u3067\u306f\u3001<\/span><span>\u3053\u308c\u307e\u3067\u306b\u8b70\u8ad6\u3055\u308c\u305f\u8ad6\u70b9\u3092\u6f0f\u308c\u306a\u304f\u7db2\u7f85\u3057\u3001<\/span><span class=\"\">\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u9b45\u529b\u3001<\/span><span class=\"\">S&amp;P500\u3084\u30aa\u30eb\u30ab\u30f3\u3068\u306e\u672c\u8cea\u7684\u306a\u9055\u3044\u3001<\/span><span>\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3068TOPIX\u306e\u6839\u672c\u7684\u306a\u69cb\u9020\u5dee\u3001<\/span><span>\u9ad8\u914d\u5f53\u30fb\u5897\u914d\u682a\u3068\u306e\u4f7f\u3044\u5206\u3051\u3001<\/span><span>\u305d\u3057\u3066\u8cc7\u7523\u5f62\u6210\u306e\u6210\u5426\u3092\u5206\u3051\u308b\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u306e\u91cd\u8981\u6027\u307e\u3067\u3001<\/span><span class=\"\">\u521d\u5fc3\u8005\u306e\u65b9\u306b\u3082\u5206\u304b\u308a\u3084\u3059\u304f\u4f53\u7cfb\u7684\u306b\u89e3\u8aac\u3057\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"6\">\u7b2c1\u7ae0 \u6295\u8cc7\u4fe1\u8a17\u306e\u738b\u9053\u6bd4\u8f03\uff1aS&amp;P500 vs \u30aa\u30eb\u30ab\u30f3<\/h2>\n<p data-path-to-node=\"7\"><span>\u65e5\u672c\u682a\u306e\u7acb\u3061\u4f4d\u7f6e\u3092\u7406\u89e3\u3059\u308b\u305f\u3081\u306b\u306f\u3001<\/span><span class=\"\">\u307e\u305a\u4e16\u754c\u5206\u6563\u6295\u8cc7\u306e\u4e8c\u5927\u5de8\u982d\u3067\u3042\u308b\u300cS&amp;P500\u300d\u3068\u300c\u30aa\u30eb\u30ab\u30f3\u300d\u306e\u6bd4\u8f03\u306b\u304a\u3051\u308b\u672c\u8cea\u7684\u306a\u8ad6\u70b9\u3092\u6574\u7406\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"8\" class=\"\">1. \u57fa\u672c\u30b9\u30da\u30c3\u30af\u3068\u6839\u672c\u601d\u60f3\u306e\u9055\u3044<\/h3>\n<table data-path-to-node=\"9\">\n<thead>\n<tr>\n<td><strong>\u9805\u76ee<\/strong><\/td>\n<td><strong>S&amp;P500\uff08\u7c73\u56fd\u682a\u5f0f\uff09<\/strong><\/td>\n<td><strong>\u30aa\u30eb\u30ab\u30f3\uff08MSCI ACWI \/ \u5168\u4e16\u754c\u682a\u5f0f\uff09<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"9,1,0,0\"><b data-path-to-node=\"9,1,0,0\" data-index-in-node=\"0\">\u4e3b\u306a\u6295\u8cc7\u5bfe\u8c61<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,1,1,0\">\u7c73\u56fd\u306e\u4e3b\u8981\u5927\u578b\u4f01\u696d \u7d04500\u793e<\/span><\/td>\n<td><span data-path-to-node=\"9,1,2,0\">\u5148\u9032\u56fd\u30fb\u65b0\u8208\u56fd \u7d0447\u30ab\u56fd\u30fb\u7d042,500\u9298\u67c4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,2,0,0\"><b data-path-to-node=\"9,2,0,0\" data-index-in-node=\"0\">\u7c73\u56fd\u6bd4\u7387<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,2,1,0\"><b data-path-to-node=\"9,2,1,0\" data-index-in-node=\"0\">100%<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,2,2,0\"><b data-path-to-node=\"9,2,2,0\" data-index-in-node=\"0\">\u7d0460\u301c63%\u524d\u5f8c<\/b>\uff08\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,3,0,0\"><b data-path-to-node=\"9,3,0,0\" data-index-in-node=\"0\">\u9298\u67c4\u30fb\u56fd\u5225\u5165\u66ff<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,3,1,0\">\u7c73\u56fd\u5185\u306e\u57fa\u6e96\u3092\u6e80\u305f\u3059\u9298\u67c4\u306e\u307f\u5165\u66ff<\/span><\/td>\n<td><span data-path-to-node=\"9,3,2,0\"><b data-path-to-node=\"9,3,2,0\" data-index-in-node=\"0\">\u5404\u56fd\u306e\u7d4c\u6e08\u898f\u6a21\uff08\u6642\u4fa1\u7dcf\u984d\uff09\u306b\u5fdc\u3058\u81ea\u52d5\u8abf\u6574<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,4,0,0\"><b data-path-to-node=\"9,4,0,0\" data-index-in-node=\"0\">\u4fe1\u8a17\u5831\u916c\uff08\u30b3\u30b9\u30c8\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,4,1,0\">\u5e740.08%\u524d\u5f8c\uff08\u6975\u3081\u3066\u4f4e\u6c34\u6e96\uff09<\/span><\/td>\n<td><span data-path-to-node=\"9,4,2,0\">\u5e740.05%\u53f0\uff08\u5b9f\u8cea\u7684\u306a\u5dee\u306f\u8aa4\u5dee\u7bc4\u56f2\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,5,0,0\"><b data-path-to-node=\"9,5,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u54f2\u5b66<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,5,1,0\">\u300c\u7c73\u56fd\u304c\u4eca\u5f8c\u3082\u4e16\u754c\u6700\u5f37\u306e\u6210\u9577\u30a8\u30f3\u30b8\u30f3\u3067\u3042\u308b\u300d<\/span><\/td>\n<td><span data-path-to-node=\"9,5,2,0\">\u300c\u5c06\u6765\u306e\u8987\u6a29\u4ea4\u4ee3\u306f\u4e88\u6e2c\u4e0d\u80fd\u3002\u4e16\u754c\u5168\u4f53\u306b\u7db2\u3092\u5f35\u308b\u300d<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"10\" class=\"\">2. \u8b70\u8ad6\u306e4\u5927\u5bfe\u7acb\u8ef8<\/h3>\n<h4 data-path-to-node=\"11\" class=\"\">\u2460 \u300c\u7c73\u56fd\u4e00\u5f37\u300d\u304c\u6c38\u7d9a\u3059\u308b\u304b\u3001\u8987\u6a29\u4ea4\u4ee3\u304c\u8d77\u304d\u308b\u304b<\/h4>\n<ul data-path-to-node=\"12\">\n<li>\n<p data-path-to-node=\"12,0,0\"><b data-path-to-node=\"12,0,0\" data-index-in-node=\"0\">S&amp;P500\u6d3e\u306e\u8996\u70b9:<\/b><span> \u7c73\u56fd\u306b\u306f\u4e16\u754c\u4e2d\u304b\u3089\u512a\u79c0\u306a\u982d\u8133\u3001<\/span><span class=\"\">\u83ab\u5927\u306a\u30d9\u30f3\u30c1\u30e3\u30fc\u30ad\u30e3\u30d4\u30bf\u30eb\u3001<\/span><span class=\"\">\u6700\u5148\u7aef\u306eAI\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u304c\u96c6\u7d04\u3055\u308c\u307e\u3059\u3002<\/span><span>\u682a\u4e3b\u81f3\u4e0a\u4e3b\u7fa9\u304c\u5fb9\u5e95\u3055\u308c\u3001<\/span><span>\u6cd5\u5236\u5ea6\u3084\u8cc7\u672c\u52b9\u7387\uff08ROE\uff09\u3078\u306e\u610f\u8b58\u3082\u4ed6\u56fd\u3092\u5727\u5012\u3057\u3066\u3044\u307e\u3059\u3002<\/span><span class=\"\">\u904e\u53bb100\u5e74\u4ee5\u4e0a\u306e\u6b74\u53f2\u3092\u632f\u308a\u8fd4\u3063\u3066\u3082\u6570\u591a\u306e\u5371\u6a5f\u3092\u4e57\u308a\u8d8a\u3048\u3066\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u3066\u304d\u305f\u5b9f\u7e3e\u304c\u3042\u308a\u3001<\/span><span>\u300c\u4eca\u5f8c\u6570\u5341\u5e74\u5358\u4f4d\u3067\u898b\u3066\u3082\u7c73\u56fd\u306b\u6bd4\u80a9\u3059\u308b\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u5927\u56fd\u306f\u73fe\u308c\u306a\u3044\u300d\u3068\u3044\u3046\u78ba\u4fe1\u304c\u6839\u5e95\u306b\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,1,0\"><b data-path-to-node=\"12,1,0\" data-index-in-node=\"0\">\u30aa\u30eb\u30ab\u30f3\u6d3e\u306e\u8996\u70b9:<\/b><span> \u6b74\u53f2\u3092\u632f\u308a\u8fd4\u308c\u3070\u3001<\/span><span>19\u4e16\u7d00\u306e\u5927\u82f1\u5e1d\u56fd\u3001<\/span><span>\u3042\u308b\u3044\u306f1980\u5e74\u4ee3\u5f8c\u534a\u306e\u65e5\u672c\u306e\u3088\u3046\u306b\u3001<\/span><span>\u5e02\u5834\u306e\u8987\u6a29\u56fd\u306f\u79fb\u308a\u5909\u308f\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/span><span>\u3082\u305720\u5e74\u5f8c\u3001<\/span><span>30\u5e74\u5f8c\u306b\u30a4\u30f3\u30c9\u306a\u3069\u306e\u65b0\u8208\u56fd\u3084\u6b27\u5dde\u3001<\/span><span>\u3042\u308b\u3044\u306f\u30a2\u30b8\u30a2\u306e\u7279\u5b9a\u5730\u57df\u304c\u53f0\u982d\u3057\u305f\u3068\u3057\u3066\u3082\u3001<\/span><span>\u30aa\u30eb\u30ab\u30f3\u3092\u6301\u3063\u3066\u3044\u308c\u3070<\/span><b data-path-to-node=\"12,1,0\" data-index-in-node=\"128\">\u6295\u8cc7\u5bb6\u81ea\u8eab\u304c\u9298\u67c4\u3084\u6295\u4fe1\u3092\u8cb7\u3044\u66ff\u3048\u308b\u3053\u3068\u306a\u304f\u3001\u6642\u4fa1\u7dcf\u984d\u306e\u62e1\u5927\u306b\u5408\u308f\u305b\u3066\u81ea\u52d5\u7684\u306b\u6bd4\u7387\u304c\u9ad8\u307e\u308b<\/b><span>\u3068\u3044\u3046\u300c\u5b8c\u5168\u81ea\u52d5\u30ea\u30d0\u30e9\u30f3\u30b9\u6a5f\u80fd\u300d\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"13\">\u2461 \u7c73\u56fd\u4f01\u696d\u306f\u300c\u5b9f\u8cea\u7684\u306a\u5168\u4e16\u754c\u4f01\u696d\u300d\u306a\u306e\u304b<\/h4>\n<p data-path-to-node=\"14\"><span>S&amp;P500\u6d3e\u306e\u6709\u529b\u306a\u4e3b\u5f35\u306e\u4e00\u3064\u306b\u3001<\/span><span>\u300cApple\u3001<\/span><span>Microsoft\u3001<\/span><span>Alphabet\u3001<\/span><span>NVIDIA\u306a\u3069\u306f\u5168\u4e16\u754c\u3067\u88fd\u54c1\u30fb\u30b5\u30fc\u30d3\u30b9\u3092\u8ca9\u58f2\u3057\u5916\u8ca8\u3092\u7a3c\u3044\u3067\u3044\u308b\u305f\u3081\u3001<\/span><span>\u7c73\u56fd\u682a\u306b\u6295\u8cc7\u3057\u3066\u3044\u308b\u3060\u3051\u3067\u5b9f\u8cea\u7684\u306b\u4e16\u754c\u7d4c\u6e08\u3078\u5206\u6563\u3067\u304d\u3066\u3044\u308b\u300d\u3068\u3044\u3046\u8ad6\u70b9\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"15\"><span>\u78ba\u304b\u306b\u58f2\u4e0a\u306e\u5730\u7406\u7684\u69cb\u6210\u306f\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\u3057\u3066\u3044\u307e\u3059\u304c\u3001<\/span><b data-path-to-node=\"15\" data-index-in-node=\"25\">\u6cd5\u5236\u5ea6\u3001\u7a0e\u5236\u3001\u7c73\u56fd\u306e\u653f\u6cbb\u30fb\u653f\u7b56\u52d5\u5411\u3001\u305d\u3057\u3066\u300c\u7c73\u30c9\u30eb\u300d\u3068\u3044\u3046\u5358\u4e00\u901a\u8ca8\u306b\u4f9d\u5b58\u3059\u308b\u30ab\u30f3\u30c8\u30ea\u30fc\u30ea\u30b9\u30af<\/b><span>\u306f\u4f9d\u7136\u3068\u3057\u3066\u7c73\u56fd1\u56fd\u306b\u96c6\u4e2d\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h4 data-path-to-node=\"16\">\u2462 \u30aa\u30eb\u30ab\u30f3\u306e\u7d046\u5272\u304c\u7c73\u56fd\u3068\u3044\u3046\u5b9f\u614b\u3068\u66b4\u843d\u6642\u306e\u6319\u52d5<\/h4>\n<p data-path-to-node=\"17\"><span>\u300c\u30aa\u30eb\u30ab\u30f3\u306f\u5168\u4e16\u754c\u306b\u5206\u6563\u3057\u3066\u3044\u308b\u304b\u3089\u5b89\u5168\u300d\u3068\u8aa4\u89e3\u3055\u308c\u304c\u3061\u3067\u3059\u304c\u3001<\/span><span>\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u3092\u63a1\u7528\u3057\u3066\u3044\u308b\u305f\u3081\u3001<\/span><span>\u73fe\u72b6\u3067\u3082\u69cb\u6210\u6bd4\u306e60%\u4ee5\u4e0a\u304c\u7c73\u56fd\u682a\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"18\"><span>\u305d\u306e\u305f\u3081\u3001<\/span><span>\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u3084\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u306e\u3088\u3046\u306a\u4e16\u754c\u7684\u66b4\u843d\u5c40\u9762\u306b\u304a\u3044\u3066\u3001<\/span><b data-path-to-node=\"18\" data-index-in-node=\"37\">\u30aa\u30eb\u30ab\u30f3\u304cS&amp;P500\u3088\u308a\u5927\u5e45\u306b\u4e0b\u843d\u3092\u9632\u3052\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093<\/b><span>\u3002<\/span><span>\u4e0b\u843d\u6642\u306e\u9023\u52d5\u6027\u306f\u6975\u3081\u3066\u9ad8\u304f\u3001<\/span><span>\u30aa\u30eb\u30ab\u30f3\u304c\u771f\u4fa1\u3092\u767a\u63ee\u3059\u308b\u306e\u306f\u300c\u66b4\u843d\u3078\u306e\u8010\u6027\u300d\u3067\u306f\u306a\u304f\u3001<\/span><span>\u300c\u7c73\u56fd\u7d4c\u6e08\u304c\u4f55\u5341\u5e74\u306b\u3082\u308f\u305f\u3063\u3066\u69cb\u9020\u7684\u306b\u4f4e\u8ff7\u30fb\u505c\u6ede\u3057\u305f\u969b\u306e\u4fdd\u967a\u300d\u3067\u3059\u3002<\/span><\/p>\n<h4 data-path-to-node=\"19\" class=\"\">\u2463 \u300c\u4e21\u65b9\u534a\u5206\u305a\u3064\u8cb7\u3046\u300d\u3053\u3068\u306e\u610f\u5473<\/h4>\n<p data-path-to-node=\"20\"><span class=\"\">\u300c\u9078\u3079\u306a\u3044\u304b\u3089S&amp;P500\u3068\u30aa\u30eb\u30ab\u30f3\u3092\u534a\u5206\u305a\u3064\u8cb7\u3046\u300d\u3068\u3044\u3046\u521d\u5fc3\u8005\u304c\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u304c\u3001<\/span><span class=\"\">\u3053\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u7c73\u56fd\u6bd4\u7387\u306f\u300c100%\u300d\u3068\u300c\u7d0460%\u300d\u306e\u4e2d\u9593\u3067\u3042\u308b\u7d0480%\u306b\u306a\u308b\u3060\u3051\u3067\u3059\u3002<\/span><span>\u5024\u52d5\u304d\u306e\u7570\u306a\u308b\u8cc7\u7523\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u300c\u30ea\u30b9\u30af\u5206\u6563\u300d\u306b\u306f\u306a\u3089\u305a\u3001<\/span><span>\u5b9f\u8cea\u7684\u306b\u306f\u300c\u30aa\u30eb\u30ab\u30f3\u306e\u7c73\u56fd\u6bd4\u7387\u3092\u5c11\u3057\u5f15\u304d\u4e0a\u3052\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u300d\u3092\u6301\u3063\u3066\u3044\u308b\u72b6\u614b\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"22\">\u7b2c2\u7ae0 \u306a\u305c\u300c\u65e5\u7d4c\u5e73\u5747\u3084TOPIX\u300d\u306f\u9078\u3070\u308c\u306b\u304f\u304b\u3063\u305f\u306e\u304b\uff1f<\/h2>\n<p data-path-to-node=\"23\"><span>\u3067\u306f\u3001<\/span><span class=\"\">\u306a\u305c\u65e5\u672c\u306e\u6295\u8cc7\u4fe1\u8a17\u5e02\u5834\u306b\u304a\u3044\u3066\u3001<\/span><span class=\"\">\u81ea\u56fd\u306e\u682a\u5f0f\u6307\u6570\u3067\u3042\u308b\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3084TOPIX\u306f\u3001<\/span><span class=\"\">S&amp;P500\u3084\u30aa\u30eb\u30ab\u30f3\u307b\u3069\u306e\u71b1\u72c2\u7684\u306a\u652f\u6301\u3092\u96c6\u3081\u3089\u308c\u306a\u304b\u3063\u305f\u306e\u3067\u3057\u3087\u3046\u304b\u3002<\/span><span class=\"\">\u305d\u3053\u306b\u306f3\u3064\u306e\u660e\u78ba\u306a\u80cc\u666f\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/span><\/p>\n<p><response-element class=\"no-md md-has-block-component\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-761 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3372278408=\"\" class=\"code-block ng-tns-c3372278408-761 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:W1sicl9hYWE5OTU2MTU3YjUzNTU5IiwiY182ZGJlNmI3NjU4ZDkwMTIxIixudWxsLCJyY181N2RiYWQxMWRmMmU2OGIxIixudWxsLG51bGwsImphIixudWxsLDEsbnVsbCxudWxsLDAsMF1d\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"formatted-code-block-internal-container ng-tns-c3372278408-761\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"animated-opacity ng-tns-c3372278408-761\">\n<pre _ngcontent-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-761\"><code _ngcontent-ng-c3372278408=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3372278408-761 no-decoration-radius\">\u3010\u65e5\u672c\u682a\u304c\u9577\u5e74\u656c\u9060\u3055\u308c\u3066\u304d\u305f3\u91cd\u306e\u80cc\u666f\u3011\r\n\u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n\u2502 \u2460 \u300c\u5931\u308f\u308c\u305f30\u5e74\u300d\u306e\u8a18\u61b6\uff08\u30d0\u30d6\u30eb\u5d29\u58ca\u3068\u9577\u671f\u505c\u6ede\u306e\u30c8\u30e9\u30a6\u30de\uff09 \u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502 \u2461 \u4eba\u53e3\u52d5\u614b\u306e\u9006\u98a8\uff08\u8d85\u5c11\u5b50\u9ad8\u9f62\u5316\u30fb\u5185\u9700\u7e2e\u5c0f\u3078\u306e\u5f37\u3044\u61f8\u5ff5\uff09       \u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502 \u2462 \u81ea\u56fd\u901a\u8ca8\uff08\u65e5\u672c\u5186\uff09\u96c6\u4e2d\u30ea\u30b9\u30af\uff08\u7d66\u4e0e\u30fb\u5e74\u91d1\u30fb\u751f\u6d3b\u8cbb\u306e\u5168\u96c6\u4e2d\uff09 \u2502\r\n\u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"25\" class=\"\">1. \u30d0\u30d6\u30eb\u5d29\u58ca\u306e\u30c8\u30e9\u30a6\u30de\u3068\u300c\u5931\u308f\u308c\u305f30\u5e74\u300d<\/h3>\n<p data-path-to-node=\"26\"><span>1989\u5e74\u672b\u306b\u3064\u3051\u305f\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306e\u6700\u9ad8\u5024\uff0838,<\/span><span class=\"\">915\u5186\uff09\u3092\u66f4\u65b0\u3059\u308b\u307e\u3067\u306b\u3001<\/span><span class=\"\">\u65e5\u672c\u306f\u7d0434\u5e74\u3082\u306e\u6b73\u6708\u3092\u8981\u3057\u307e\u3057\u305f\u3002<\/span><span class=\"\">\u3053\u306e\u9593\u3001<\/span><span class=\"\">\u7c73\u56fdS&amp;P500\u306fIT\u30d0\u30d6\u30eb\u5d29\u58ca\u3084\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u3092\u7d4c\u9a13\u3057\u306a\u304c\u3089\u3082\u5e7e\u5ea6\u3068\u306a\u304f\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u3001<\/span><span class=\"\">\u4f55\u5341\u500d\u3082\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u3082\u305f\u3089\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"27\"><span>\u300c\u6301\u3063\u3066\u3044\u308c\u3070\u8907\u5229\u3067\u8cc7\u7523\u304c\u5897\u3048\u3066\u3044\u304f\u300d\u3068\u3044\u3046\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306e\u6700\u5927\u306e\u9b45\u529b\u3092\u3001<\/span><span>\u904e\u53bb30\u5e74\u9593\u306e\u65e5\u672c\u682a\u304b\u3089\u5b9f\u611f\u3059\u308b\u3053\u3068\u306f\u6975\u3081\u3066\u56f0\u96e3\u3060\u3063\u305f\u306e\u3067\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"28\">2. \u4eba\u53e3\u6e1b\u5c11\u3068\u8d85\u5c11\u5b50\u9ad8\u9f62\u5316\u3068\u3044\u3046\u69cb\u9020\u554f\u984c<\/h3>\n<p data-path-to-node=\"29\"><span class=\"\">\u682a\u4fa1\u306e\u6e90\u6cc9\u3068\u306a\u308b\u4f01\u696d\u306e\u5229\u76ca\u6210\u9577\u306b\u304a\u3044\u3066\u3001<\/span><span class=\"\">\u65e5\u672c\u56fd\u5185\u306e\u300c\u4eba\u53e3\u6e1b\u5c11\u30fb\u5e02\u5834\u7e2e\u5c0f\u300d\u306f\u6700\u5927\u306e\u61f8\u5ff5\u6750\u6599\u3067\u3059\u3002<\/span><span class=\"\">\u52b4\u50cd\u529b\u4e0d\u8db3\u3001<\/span><span>\u793e\u4f1a\u4fdd\u969c\u8cbb\u306e\u5897\u5927\u3001<\/span><span>\u56fd\u5185\u6d88\u8cbb\u306e\u51b7\u3048\u8fbc\u307f\u3068\u3044\u3063\u305f\u30de\u30af\u30ed\u74b0\u5883\u3092\u898b\u308b\u9650\u308a\u3001<\/span><span>\u300c\u65e5\u672c\u4f01\u696d\u5168\u4f53\u304c\u5927\u304d\u304f\u6210\u9577\u3059\u308b\u7d75\u3092\u63cf\u304d\u306b\u304f\u3044\u300d\u3068\u5224\u65ad\u3059\u308b\u6295\u8cc7\u5bb6\u304c\u591a\u304b\u3063\u305f\u306e\u306f\u6975\u3081\u3066\u81ea\u7136\u306a\u5e30\u7d50\u3067\u3057\u305f\u3002<\/span><\/p>\n<h3 data-path-to-node=\"30\">3. \u300c\u65e5\u672c\u5186\u96c6\u4e2d\u30ea\u30b9\u30af\u300d\u306e\u56de\u907f\u52d5\u6a5f<\/h3>\n<p data-path-to-node=\"31\"><span>\u65e5\u672c\u3067\u751f\u6d3b\u3059\u308b\u500b\u4eba\u306b\u3068\u3063\u3066\u3001<\/span><b class=\"\" data-path-to-node=\"31\" data-index-in-node=\"14\"><\/b><span class=\"f-marker-y\"><b class=\"\" data-path-to-node=\"31\" data-index-in-node=\"14\">\u300c\u751f\u6d3b\u57fa\u76e4\uff08\u4f4f\u5b85\u30fb\u6d88\u8cbb\uff09\u300d\u300c\u7d66\u4e0e\u6240\u5f97\uff08\u6bce\u6708\u306e\u7d66\u6599\uff09\u300d\u300c\u516c\u7684\u5e74\u91d1\u300d\u300c\u9810\u8caf\u91d1\u300d\u306e\u3059\u3079\u3066\u304c\u65e5\u672c\u5186<\/b><span class=\"\">\u3067\u69cb\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/span><span class=\"\"><\/span><span>\u3053\u3053\u306b\u6295\u8cc7\u8cc7\u7523\u307e\u3067\u65e5\u672c\u682a\u306b\u5168\u632f\u308a\u3057\u3066\u3057\u307e\u3046\u3068\u3001<\/span><span class=\"\">\u4e07\u304c\u4e00\u65e5\u672c\u7d4c\u6e08\u304c\u8ca1\u653f\u60aa\u5316\u3084\u6975\u7aef\u306a\u901a\u8ca8\u5b89\uff08\u5186\u5b89\u30a4\u30f3\u30d5\u30ec\uff09\u306b\u898b\u821e\u308f\u308c\u305f\u969b\u3001<\/span><span class=\"\">\u8cc7\u7523\u30fb\u751f\u6d3b\u306e\u3059\u3079\u3066\u304c\u540c\u6642\u306b\u5927\u6253\u6483\u3092\u53d7\u3051\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"32\"><span>\u6d77\u5916\u8cc7\u7523\uff08\u30c9\u30eb\u5efa\u3066\u8cc7\u7523\u7b49\uff09\u3078\u5206\u6563\u6295\u8cc7\u3059\u308b\u3053\u3068\u306f\u3001<\/span><span class=\"\">\u8cc7\u7523\u5f62\u6210\u306e\u307f\u306a\u3089\u305a\u300c\u5186\u5b89\u306b\u3088\u308b\u7269\u4fa1\u9ad8\u304b\u3089\u751f\u6d3b\u3092\u5b88\u308b\u9632\u885b\u7b56\u300d\u3068\u3057\u3066\u306e\u5f37\u3044\u5408\u7406\u6027\u3092\u6301\u3063\u3066\u3044\u307e\u3057\u305f\u3002<\/span><\/p>\n<h2 data-path-to-node=\"34\">\u7b2c3\u7ae0 \u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u69cb\u9020\u6bd4\u8f03\uff1a\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1 vs TOPIX<\/h2>\n<p data-path-to-node=\"35\"><span class=\"\">\u300c\u65e5\u672c\u682a\u306b\u6295\u8cc7\u3059\u308b\u300d\u3068\u4e00\u53e3\u306b\u8a00\u3063\u3066\u3082\u3001<\/span><span>\u4ee3\u8868\u7684\u306a2\u5927\u6307\u6570\u3067\u3042\u308b\u300c\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\uff08\u65e5\u7d4c225\uff09\u300d\u3068\u300cTOPIX\uff08\u6771\u8a3c\u682a\u4fa1\u6307\u6570\uff09\u300d\u306f\u3001<\/span><span>\u4e2d\u8eab\u3082\u8a08\u7b97\u65b9\u6cd5\u3082\u5168\u304f\u7570\u306a\u308a\u307e\u3059\u3002<\/span><span>\u3053\u306e\u9055\u3044\u3092\u7406\u89e3\u305b\u305a\u306b\u6295\u8cc7\u3059\u308b\u3053\u3068\u306f\u3001<\/span><span class=\"\">\u76ee\u7684\u3068\u624b\u6bb5\u306e\u91cd\u5927\u306a\u30df\u30b9\u30de\u30c3\u30c1\u3092\u5f15\u304d\u8d77\u3053\u3057\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"36\" class=\"\">1. \u6307\u6570\u69cb\u9020\u306e\u9055\u3044<\/h3>\n<table data-path-to-node=\"37\">\n<thead>\n<tr>\n<td><strong>\u9805\u76ee<\/strong><\/td>\n<td><strong>\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\uff08\u65e5\u7d4c225\uff09<\/strong><\/td>\n<td><strong>TOPIX\uff08\u6771\u8a3c\u682a\u4fa1\u6307\u6570\uff09<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"37,1,0,0\"><b data-path-to-node=\"37,1,0,0\" data-index-in-node=\"0\">\u5bfe\u8c61\u5e02\u5834\u30fb\u9298\u67c4<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,1,1,0\">\u6771\u8a3c\u30d7\u30e9\u30a4\u30e0\u5e02\u5834\u306e\u4ee3\u8868\u7684\u306a<b data-path-to-node=\"37,1,1,0\" data-index-in-node=\"13\">225\u9298\u67c4<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,1,2,0\">\u6771\u8a3c\u30d7\u30e9\u30a4\u30e0\u5e02\u5834\u306e<b data-path-to-node=\"37,1,2,0\" data-index-in-node=\"9\">\u307b\u307c\u5168\u9298\u67c4\uff08\u7d041,600\u9298\u67c4\u301c\uff09<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"37,2,0,0\"><b data-path-to-node=\"37,2,0,0\" data-index-in-node=\"0\">\u7b97\u51fa\u65b9\u5f0f<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,2,1,0\"><b data-path-to-node=\"37,2,1,0\" data-index-in-node=\"0\">\u682a\u4fa1\u5358\u7d14\u5e73\u5747\u578b<\/b>\uff08\u307f\u306a\u3057\u984d\u9762\u8abf\u6574\u3042\u308a\uff09<\/span><\/td>\n<td><span data-path-to-node=\"37,2,2,0\"><b data-path-to-node=\"37,2,2,0\" data-index-in-node=\"0\">\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u578b<\/b>\uff08\u6d6e\u52d5\u682a\u30d9\u30fc\u30b9\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"37,3,0,0\"><b data-path-to-node=\"37,3,0,0\" data-index-in-node=\"0\">\u69cb\u6210\u6bd4\u306e\u6c7a\u307e\u308a\u65b9<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,3,1,0\"><b data-path-to-node=\"37,3,1,0\" data-index-in-node=\"0\">\u300c1\u682a\u3042\u305f\u308a\u306e\u682a\u4fa1\u300d\u304c\u9ad8\u3044\u9298\u67c4<\/b>\u306e\u5f71\u97ff\u5927<\/span><\/td>\n<td><span data-path-to-node=\"37,3,2,0\"><b data-path-to-node=\"37,3,2,0\" data-index-in-node=\"0\">\u300c\u4f1a\u793e\u306e\u898f\u6a21\uff08\u6642\u4fa1\u7dcf\u984d\uff09\u300d\u304c\u5927\u304d\u3044\u9298\u67c4<\/b>\u306e\u5f71\u97ff\u5927<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"37,4,0,0\"><b data-path-to-node=\"37,4,0,0\" data-index-in-node=\"0\">\u30bb\u30af\u30bf\u30fc\u30fb\u9298\u67c4\u306e\u504f\u308a<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,4,1,0\">\u30d5\u30a1\u30fc\u30b9\u30c8\u30ea\u30c6\u30a4\u30ea\u30f3\u30b0\u3084\u534a\u5c0e\u4f53\u95a2\u9023\u306a\u3069\u3001<b data-path-to-node=\"37,4,1,0\" data-index-in-node=\"20\">\u4e0a\u4f4d\u6570\u793e\u3067\u6307\u6570\u306e\u7d042\u301c3\u5272<\/b>\u3092\u5360\u6709<\/span><\/td>\n<td><span data-path-to-node=\"37,4,2,0\">\u30c8\u30e8\u30bf\u81ea\u52d5\u8eca\u3084\u30e1\u30ac\u30d0\u30f3\u30af\u306a\u3069\u3001\u65e5\u672c\u7d4c\u6e08\u306e\u5b9f\u614b\u306b\u8fd1\u3044\u30d0\u30e9\u30f3\u30b9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"37,5,0,0\"><b data-path-to-node=\"37,5,0,0\" data-index-in-node=\"0\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3068\u3057\u3066\u306e\u9069\u6027<\/b><\/span><\/td>\n<td><span data-path-to-node=\"37,5,1,0\">\u30cb\u30e5\u30fc\u30b9\u7b49\u3067\u99b4\u67d3\u307f\u306f\u3042\u308b\u304c\u3001\u6307\u6570\u3068\u3057\u3066\u306f\u300c\u6b6a\u307f\u300d\u304c\u5927\u304d\u3044<\/span><\/td>\n<td><span data-path-to-node=\"37,5,2,0\"><b data-path-to-node=\"37,5,2,0\" data-index-in-node=\"0\">\u9577\u671f\u5206\u6563\u6295\u8cc7\u306e\u7406\u8ad6\u306b\u5fe0\u5b9f\u306a\u300c\u738b\u9053\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u300d<\/b><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"38\" class=\"\">2. \u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306e\u300c\u6b6a\u307f\u300d\u3068\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3<\/h3>\n<p data-path-to-node=\"39\"><span>\u65e5\u7d4c\u5e73\u5747\u306f\u3001<\/span><span class=\"\">\u682a\u4fa1\u306e\u9ad8\u3044\u300c\u5024\u304c\u3055\u682a\u300d\u306e\u5024\u52d5\u304d\u306b\u6975\u7aef\u306b\u5de6\u53f3\u3055\u308c\u307e\u3059\u3002<\/span><span class=\"\">\u4f8b\u3048\u3070\u3001<\/span><span>\u30d5\u30a1\u30fc\u30b9\u30c8\u30ea\u30c6\u30a4\u30ea\u30f3\u30b0\uff08\u30e6\u30cb\u30af\u30ed\uff09\u3084\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3\u3001<\/span><span>\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8\u3068\u3044\u3063\u305f\u7279\u5b9a\u306e\u9298\u67c4\u304c\u6025\u9a30\u3059\u308b\u3068\u3001<\/span><span>\u65e5\u672c\u5e02\u5834\u5168\u4f53\u306e\u666f\u6cc1\u611f\u304c\u51b4\u3048\u306a\u304f\u3066\u3082\u65e5\u7d4c\u5e73\u5747\u3060\u3051\u304c\u8df3\u306d\u4e0a\u304c\u308a\u307e\u3059\u3002<\/span><span>\u9006\u306b\u3001<\/span><span>\u3053\u308c\u3089\u306e\u9298\u67c4\u304c\u58f2\u3089\u308c\u308b\u3068\u6307\u6570\u5168\u4f53\u304c\u5927\u304d\u304f\u62bc\u3057\u4e0b\u3052\u3089\u308c\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"40\"><span class=\"\">\u305d\u306e\u305f\u3081\u3001<\/span><span>\u65e5\u7d4c\u5e73\u5747\u306f\u300c\u65e5\u672c\u7d4c\u6e08\u5168\u4f53\u306e\u6210\u9577\u306b\u4e38\u3054\u3068\u4e57\u308b\u300d\u3068\u3044\u3046\u3088\u308a\u306f\u3001<\/span><span class=\"\">\u300c\u65e5\u672c\u306e\u4ee3\u8868\u7684\u306a\u8f38\u51fa\u30fb\u30cf\u30a4\u30c6\u30af\u30fb\u4e3b\u529b\u682a\u30d1\u30c3\u30b1\u30fc\u30b8\u300d\u306b\u8fd1\u3044\u6027\u683c\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"41\">3. \u9577\u671f\u7a4d\u7acb\u6295\u8cc7\u306b\u304a\u3044\u3066TOPIX\u304c\u597d\u307e\u308c\u308b\u7406\u7531<\/h3>\n<p data-path-to-node=\"42\"><span>\u4e16\u754c\u6a19\u6e96\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u7406\u8ad6\uff08\u73fe\u4ee3\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7406\u8ad6\uff09\u3067\u306f\u3001<\/span><span>\u5e02\u5834\u5168\u4f53\u306e\u30d1\u30a4\u3092\u4f59\u3059\u3068\u3053\u308d\u306a\u304f\u6642\u4fa1\u7dcf\u984d\u306b\u5fdc\u3058\u3066\u4fdd\u6709\u3059\u308b\u300c\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u5e73\u5747\u300d\u304c\u5408\u7406\u7684\u3068\u3055\u308c\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"43\"><span>TOPIX\u306f\u6771\u8a3c\u30d7\u30e9\u30a4\u30e0\u306e\u5e83\u7bc4\u306a\u4f01\u696d\u3092\u7db2\u7f85\u3057\u3066\u304a\u308a\u3001<\/span><span>\u91d1\u878d\u3001<\/span><span>\u5185\u9700\u3001<\/span><span>\u88fd\u9020\u696d\u3001<\/span><span>\u30b5\u30fc\u30d3\u30b9\u696d\u306a\u3069\u591a\u5c90\u306b\u308f\u305f\u308b\u30bb\u30af\u30bf\u30fc\u306b\u30d0\u30e9\u30f3\u30b9\u826f\u304f\u5206\u6563\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><span>\u3057\u305f\u304c\u3063\u3066\u3001<\/span><b data-path-to-node=\"43\" data-index-in-node=\"75\">\u300c\u7279\u5b9a\u306e\u6570\u793e\u306b\u632f\u308a\u56de\u3055\u308c\u305a\u3001\u65e5\u672c\u7d4c\u6e08\u5168\u4f53\u306e\u69cb\u9020\u6539\u9769\u3084\u5e95\u4e0a\u3052\u306e\u6069\u6075\u3092\u9577\u671f\u3067\u4eab\u53d7\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u5834\u5408\u3001\u9078\u3076\u3079\u304d\u306fTOPIX<\/b><span>\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\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?utm_source=article&amp;utm_medium=cta&amp;utm_content=ueoka\"><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=\"45\" class=\"\">\u7b2c4\u7ae0 \u300c\u65e5\u7d4c\u5e73\u574710\u4e07\u5186\u30b7\u30ca\u30ea\u30aa\u300d\u306e\u73fe\u5b9f\u5473\u3068\u65e5\u672c\u682a\u306e\u69cb\u9020\u7684\u5909\u9769<\/h2>\n<p data-path-to-node=\"46\"><span>\u304b\u3064\u3066\u300c\u30aa\u30ef\u30b3\u30f3\u300d\u3068\u63f6\u63c4\u3055\u308c\u305f\u65e5\u672c\u682a\u3067\u3059\u304c\u3001<\/span><span>\u8fd1\u5e74\u3067\u306f\u300c\u65e5\u7d4c\u5e73\u5747\u306f\u5c06\u67655\u4e07\u301c10\u4e07\u5186\u306b\u9054\u3059\u308b\u300d\u3068\u3044\u3046\u5f37\u6c17\u306a\u9577\u671f\u4e88\u6e2c\u304c\u56fd\u5185\u5916\u306e\u5927\u624b\u91d1\u878d\u6a5f\u95a2\u3084\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u304b\u3089\u63d0\u793a\u3055\u308c\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3057\u305f\u3002<\/span><span>\u3053\u308c\u306f\u5358\u306a\u308b\u4e00\u6642\u7684\u306a\u30d0\u30d6\u30eb\u3084\u717d\u308a\u3067\u306f\u306a\u304f\u3001<\/span><span class=\"\">\u660e\u78ba\u306a\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u306e\u5909\u5316\u306b\u6839\u5dee\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"47\">1. \u6771\u8a3c\u306e\u300cPBR1\u500d\u5272\u308c\u662f\u6b63\u8981\u8acb\u300d\u304c\u3082\u305f\u3089\u3057\u305f\u9769\u547d<\/h3>\n<p data-path-to-node=\"48\"><span>\u9577\u5e74\u3001<\/span><span>\u65e5\u672c\u4f01\u696d\u306f\u83ab\u5927\u306a\u73fe\u91d1\u3092\u5185\u90e8\u7559\u4fdd\u3068\u3057\u3066\u6e9c\u3081\u8fbc\u307f\u3001<\/span><span>\u8cc7\u672c\u52b9\u7387\uff08ROE\uff09\u3084\u682a\u4fa1\u3092\u610f\u8b58\u3057\u306a\u3044\u7d4c\u55b6\u3092\u7d9a\u3051\u3066\u304d\u307e\u3057\u305f\u3002<\/span><span>\u305d\u306e\u7d50\u679c\u3001<\/span><span>\u5168\u4e0a\u5834\u4f01\u696d\u306e\u534a\u6570\u8fd1\u304f\u304c\u300c\u89e3\u6563\u4fa1\u5024\u3092\u4e0b\u56de\u308bPBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff091\u500d\u5272\u308c\u300d\u3068\u3044\u3046\u7570\u5e38\u4e8b\u614b\u306b\u653e\u7f6e\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"49\"><span>\u3057\u304b\u3057\u3001<\/span><span>2023\u5e74\u4ee5\u964d\u306e\u6771\u8a3c\u306b\u3088\u308b\u8cc7\u672c\u30b3\u30b9\u30c8\u3084\u682a\u4fa1\u3092\u610f\u8b58\u3057\u305f\u7d4c\u55b6\u306e\u8981\u8acb\u3092\u76ae\u5207\u308a\u306b\u3001<\/span><span>\u4f01\u696d\u306f\u5287\u7684\u306b\u5909\u8c8c\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\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\">\u5927\u898f\u6a21\u306a\u81ea\u793e\u682a\u8cb7\u3044<\/b><span>\u306e\u5b9f\u65bd<\/span><\/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\">\u9023\u7d9a\u5897\u914d\u30fb\u7d2f\u9032\u914d\u5f53\u65b9\u91dd<\/b><span>\uff08\u6e1b\u914d\u305b\u305a\u7dad\u6301\u307e\u305f\u306f\u5897\u914d\u3059\u308b\u516c\u7d04\uff09\u306e\u5ba3\u8a00<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"50,2,0\"><b data-path-to-node=\"50,2,0\" data-index-in-node=\"0\">\u653f\u7b56\u4fdd\u6709\u682a\uff08\u6301\u3061\u5408\u3044\u682a\uff09\u306e\u89e3\u6d88\u58f2\u5374<\/b><span>\u3068\u6210\u9577\u4e8b\u696d\u3078\u306e\u518d\u6295\u8cc7<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"51\"><span>\u3053\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u6539\u9769\u306f\u4e00\u904e\u6027\u306e\u3082\u306e\u3067\u306f\u306a\u304f\u3001<\/span><span>\u73fe\u5728\u9032\u884c\u5f62\u3067\u65e5\u672c\u4f01\u696d\u306e\u4f53\u8cea\u3092\u300c\u682a\u4e3b\u4fa1\u5024\u91cd\u8996\u300d\u3078\u3068\u6839\u5e95\u304b\u3089\u5857\u308a\u66ff\u3048\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"52\">2. \u30c7\u30d5\u30ec\u5b8c\u5168\u8131\u5374\u3068\u300c\u540d\u76ee\u7d4c\u6e08\u300d\u3078\u306e\u56de\u5e30<\/h3>\n<p data-path-to-node=\"53\"><span>30\u5e74\u9593\u7d9a\u3044\u305f\u30c7\u30d5\u30ec\u7d4c\u6e08\u3067\u306f\u3001<\/span><span>\u300c\u7269\u4fa1\u3082\u4e0a\u304c\u3089\u306a\u3044\u3001<\/span><span>\u8cc3\u91d1\u3082\u4e0a\u304c\u3089\u306a\u3044\u3001<\/span><span>\u4f01\u696d\u3082\u5024\u4e0a\u3052\u3067\u304d\u306a\u3044\u300d\u3068\u3044\u3046\u7e2e\u5c0f\u5747\u8861\u304c\u5b9a\u7740\u3057\u3066\u3044\u307e\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"54\"><span>\u3057\u304b\u3057\u3001<\/span><span>\u539f\u6750\u6599\u9ad8\u304b\u3089\u7aef\u3092\u767a\u3057\u305f\u4fa1\u683c\u8ee2\u5ac1\u304c\u5b9a\u7740\u3057\u3001<\/span><span>\u6625\u95d8\u3067\u306e\u9ad8\u6c34\u6e96\u306a\u8cc3\u4e0a\u3052\u304c\u7d99\u7d9a\u3057\u305f\u3053\u3068\u3067\u3001<\/span><span>\u65e5\u672c\u7d4c\u6e08\u306f\u300c\u30a4\u30f3\u30d5\u30ec\u7d4c\u6e08\uff08\u540d\u76ee\u5024\u304c\u81a8\u3089\u3080\u7d4c\u6e08\uff09\u300d\u3078\u3068\u8ee2\u63db\u3057\u307e\u3057\u305f\u3002<\/span><span>\u682a\u4fa1\u306f\u300c\u540d\u76eeGDP\u300d\u3084\u300c\u540d\u76ee\u5229\u76ca\u300d\u306b\u9023\u52d5\u3059\u308b\u305f\u3081\u3001<\/span><span>\u30a4\u30f3\u30d5\u30ec\u304c\u5b9a\u7740\u3059\u308b\u3060\u3051\u3067\u4f01\u696d\u306e\u58f2\u4e0a\u9ad8\u3068\u5229\u76ca\u306e\u984d\u9762\u306f\u62e1\u5927\u3057\u3001<\/span><span>\u682a\u4fa1\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3092\u529b\u5f37\u304f\u62bc\u3057\u4e0a\u3052\u308b\u539f\u52d5\u529b\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"55\">3. 10\u4e07\u5186\u5230\u9054\u3078\u306e\u6570\u5024\u7684\u30b7\u30ca\u30ea\u30aa<\/h3>\n<p data-path-to-node=\"56\"><span>\u682a\u4fa1\u306f\u57fa\u672c\u7684\u306b<\/span><span class=\"f-marker-p\"><span> <\/span><b data-path-to-node=\"56\" data-index-in-node=\"8\">\u300cEPS\uff081\u682a\u5f53\u305f\u308a\u5229\u76ca\uff09 \u00d7 PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff1d\u5e02\u5834\u306e\u671f\u5f85\u5ea6\uff09\u300d<\/b><span> \u3067\u6c7a\u5b9a\u3055\u308c\u307e\u3059\u3002<\/span><\/span><span><\/span><\/p>\n<ul data-path-to-node=\"57\">\n<li>\n<p data-path-to-node=\"57,0,0\"><span>\u65e5\u672c\u4f01\u696d\u306eEPS\u304c\u3001<\/span><span>\u30ac\u30d0\u30ca\u30f3\u30b9\u6539\u9769\u30fb\u81ea\u793e\u682a\u8cb7\u3044\u30fb\u30a4\u30f3\u30d5\u30ec\u5b9a\u7740\u30fb\u6d77\u5916\u58f2\u4e0a\u62e1\u5927\u306b\u3088\u3063\u3066<\/span><b data-path-to-node=\"57,0,0\" data-index-in-node=\"41\">\u5e74\u5e73\u57476\u301c8%\u7a0b\u5ea6\u3067\u6301\u7d9a\u7684\u306b\u6210\u9577<\/b><span>\u3059\u308b\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"57,1,0\"><span>\u73fe\u572815\u500d\u524d\u5f8c\u306ePER\u304c\u3001<\/span><span>\u6d77\u5916\u30de\u30cd\u30fc\u306e\u7d99\u7d9a\u7684\u6d41\u5165\u3068\u5e02\u5834\u306e\u518d\u8a55\u4fa1\u306b\u3088\u3063\u3066<\/span><b data-path-to-node=\"57,1,0\" data-index-in-node=\"35\">18\u301c20\u500d\u7a0b\u5ea6<\/b><span>\u307e\u3067\u6c34\u6e96\u8a02\u6b63\u3055\u308c\u308b\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"58\"><span>\u3053\u306e2\u3064\u306e\u6761\u4ef6\u304c\u63c3\u3048\u3070\u3001<\/span><span>\u4eca\u5f8c10\u301c15\u5e74\u7a0b\u5ea6\u306e\u30b9\u30d1\u30f3\u3067\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u304c8\u4e07\u301c10\u4e07\u5186\u306e\u5927\u53f0\u306b\u5230\u9054\u3059\u308b\u3068\u3044\u3046\u8a08\u7b97\u306f\u3001<\/span><span>\u6975\u3081\u3066\u73fe\u5b9f\u7684\u306a\u6570\u5b66\u7684\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u3068\u3057\u3066\u6210\u308a\u7acb\u3061\u307e\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"60\">\u7b2c5\u7ae0 \u30aa\u30eb\u30ab\u30f3\u306e\u300c\u65e5\u672c\u542b\u3080\u300dvs\u300c\u65e5\u672c\u9664\u304f\u300d\u5fb9\u5e95\u6bd4\u8f03<\/h2>\n<p data-path-to-node=\"61\"><span>\u30aa\u30eb\u30ab\u30f3\uff08\u5168\u4e16\u754c\u682a\u5f0f\uff09\u3092\u8cfc\u5165\u3059\u308b\u969b\u3001<\/span><span>\u6295\u8cc7\u5bb6\u304c\u76f4\u9762\u3059\u308b\u306e\u304c\u300c\u65e5\u672c\u3092\u542b\u3080\u306e\u304b\u3001<\/span><span>\u305d\u308c\u3068\u3082\u9664\u304f\u306e\u304b\u300d\u3068\u3044\u3046\u9078\u629e\u80a2\u3067\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"62\">1. \u30aa\u30eb\u30ab\u30f3\u5185\u306e\u65e5\u672c\u682a\u6bd4\u7387\u306f\u308f\u305a\u304b\u300c\u7d045%\u524d\u5f8c\u300d<\/h3>\n<p data-path-to-node=\"63\"><span>\u307e\u305a\u628a\u63e1\u3059\u3079\u304d\u5927\u524d\u63d0\u3068\u3057\u3066\u3001<\/span><span>MSCI ACWI\uff08\u30aa\u30fc\u30eb\u30fb\u30ab\u30f3\u30c8\u30ea\u30fc\u30fb\u30ef\u30fc\u30eb\u30c9\u30fb\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff09\u306b\u304a\u3051\u308b\u65e5\u672c\u682a\u306e\u69cb\u6210\u6bd4\u7387\u306f\u3001<\/span><span>\u6642\u4fa1\u7dcf\u984d\u30d9\u30fc\u30b9\u3067<\/span><b data-path-to-node=\"63\" data-index-in-node=\"68\">\u5168\u4f53\u306e\u7d045%\u7a0b\u5ea6<\/b><span>\u306b\u904e\u304e\u307e\u305b\u3093\u3002<\/span><\/p>\n<p data-path-to-node=\"64\"><span>\u3064\u307e\u308a\u3001<\/span><span>\u300c\u65e5\u672c\u542b\u3080\u300d\u3092\u9078\u3093\u3060\u3068\u3057\u3066\u3082\u3001<\/span><span>\u6295\u8cc7\u3057\u305f\u8cc7\u91d1\u306e\u7d0495%\u306f\u6d77\u5916\uff08\u7c73\u56fd\u7d046\u5272\u3001<\/span><span>\u305d\u306e\u4ed6\u5148\u9032\u56fd\u30fb\u65b0\u8208\u56fd\u7d043.<\/span><span>5\u5272\uff09\u306b\u6295\u3058\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"65\">2. \u300c\u9664\u304f\u65e5\u672c\u300d\u3092\u9078\u3076\u5408\u7406\u7684\u306a\u7406\u7531<\/h3>\n<ul data-path-to-node=\"66\">\n<li>\n<p data-path-to-node=\"66,0,0\"><b data-path-to-node=\"66,0,0\" data-index-in-node=\"0\">\u300c\u5186\u5efa\u3066\u30fb\u56fd\u5185\u8cc7\u7523\u300d\u3092\u3059\u3067\u306b\u6301\u3063\u3066\u3044\u308b:<\/b><\/p>\n<p data-path-to-node=\"66,0,1\"><span>\u7d66\u4e0e\u3084\u9810\u8caf\u91d1\u3060\u3051\u3067\u306a\u304f\u3001<\/span><span>\u4f1a\u793e\u306e\u6301\u682a\u4f1a\u3084\u78ba\u5b9a\u62e0\u51fa\u5e74\u91d1\uff08iDeCo\uff09\u3001<\/span><span>\u3042\u308b\u3044\u306f\u500b\u5225\u682a\u3067\u65e5\u672c\u682a\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u3001<\/span><span>\u6295\u4fe1\u306e\u7a4d\u7acb\u90e8\u5206\u304f\u3089\u3044\u306f\u5b8c\u5168\u306b100%\u5916\u8ca8\uff08\u6d77\u5916\u8cc7\u7523\uff09\u3067\u904b\u7528\u3057\u305f\u3044\u3068\u8003\u3048\u308b\u306e\u306f\u975e\u5e38\u306b\u81ea\u7136\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"66,1,0\"><b data-path-to-node=\"66,1,0\" data-index-in-node=\"0\">\u901a\u8ca8\u5206\u6563\u306e\u5fb9\u5e95:<\/b><\/p>\n<p data-path-to-node=\"66,1,1\"><span>\u65e5\u672c\u306e\u8ca1\u653f\u61f8\u5ff5\u3084\u5c06\u6765\u7684\u306a\u8d85\u5186\u5b89\u3092\u5371\u60e7\u3057\u3001<\/span><span>\u300c\u6295\u8cc7\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5185\u306b\u306f1\u5186\u305f\u308a\u3068\u3082\u65e5\u672c\u5186\u30fb\u65e5\u672c\u682a\u8cc7\u7523\u3092\u6df7\u305c\u305f\u304f\u306a\u3044\u300d\u3068\u3044\u3046\u601d\u60f3\u306b\u57fa\u3065\u304f\u9078\u629e\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"67\">3. \u300c\u542b\u3080\u65e5\u672c\u300d\u3092\u9078\u3076\u5408\u7406\u7684\u306a\u7406\u7531<\/h3>\n<ul data-path-to-node=\"68\">\n<li>\n<p data-path-to-node=\"68,0,0\"><b data-path-to-node=\"68,0,0\" data-index-in-node=\"0\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306e\u7d14\u7c8b\u306a\u54f2\u5b66:<\/b><\/p>\n<p data-path-to-node=\"68,0,1\"><span>\u300c\u5c06\u6765\u3069\u306e\u56fd\u304c\u4f38\u3073\u3001<\/span><span>\u3069\u306e\u56fd\u304c\u8870\u9000\u3059\u308b\u304b\u306f\u8ab0\u306b\u3082\u4e88\u6e2c\u3067\u304d\u306a\u3044\u300d\u3068\u3044\u3046\u306e\u304c\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u8cc7\u306e\u51fa\u767a\u70b9\u3067\u3059\u3002<\/span><span>\u3082\u3057\u65e5\u672c\u4f01\u696d\u304c\u5fa9\u6d3b\u3092\u9042\u3052\u3001<\/span><span>\u4e16\u754c\u5e02\u5834\u306b\u304a\u3051\u308b\u6642\u4fa1\u7dcf\u984d\u30b7\u30a7\u30a2\u3092\u62e1\u5927\u3055\u305b\u305f\u5834\u5408\u3001<\/span><span>\u300c\u542b\u3080\u300d\u3092\u9078\u3093\u3067\u304a\u3051\u3070\u305d\u306e\u6069\u6075\u3092\u81ea\u7136\u3068\u53d6\u308a\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"68,1,0\"><b data-path-to-node=\"68,1,0\" data-index-in-node=\"0\">\u5b8c\u5168\u653e\u7f6e\u306e\u8ffd\u6c42:<\/b><\/p>\n<p data-path-to-node=\"68,1,1\"><span>\u81ea\u3089\u300c\u65e5\u672c\u3092\u9664\u5916\u3059\u308b\u300d\u3068\u3044\u3046\u30a2\u30af\u30c6\u30a3\u30d6\u306a\u6295\u8cc7\u5224\u65ad\u3092\u4e0b\u3055\u305a\u3001<\/span><span>\u4e16\u754c\u306e\u5e02\u5834\u898f\u6a21\u306e\u63a8\u79fb\u306b\u5b8c\u5168\u306b\u8eab\u3092\u59d4\u306d\u308b\u3068\u3044\u3046\u30b9\u30bf\u30f3\u30b9\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"69\">4. \u7d50\u8ad6\uff1a\u4e21\u8005\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u5dee\u306f\u3054\u304f\u308f\u305a\u304b<\/h3>\n<p data-path-to-node=\"70\"><span>\u65e5\u672c\u682a\u306e\u6bd4\u7387\u304c\u7d045%\u3057\u304b\u306a\u3044\u305f\u3081\u3001<\/span><span class=\"\">\u300c\u542b\u3080\u300d\u3068\u300c\u9664\u304f\u300d\u306e\u5e74\u9593\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u5dee\u306f\u3001<\/span><span class=\"\">\u901a\u5e38\u30b3\u30f3\u30de\u6570%\u301c1%\u672a\u6e80\u306e\u8aa4\u5dee\u30ec\u30d9\u30eb\u306b\u3068\u3069\u307e\u308a\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"71\"><span>\u81ea\u8eab\u306e\u4fdd\u6709\u3059\u308b\u73fe\u91d1\u9810\u91d1\u3084\u4ed6\u306e\u6295\u8cc7\u8cc7\u7523\u5168\u4f53\u3092\u898b\u6e21\u3057\u3066\u3001<\/span><span>\u300c\u6d77\u5916\u8cc7\u7523\u306b\u7d14\u5316\u3057\u305f\u3044\u306a\u3089\u9664\u304f\u65e5\u672c\u300d\u300c\u4e16\u754c\u5168\u4f53\u306b\u5b8c\u5168\u306b\u304a\u4efb\u305b\u3057\u305f\u3044\u306a\u3089\u542b\u3080\u65e5\u672c\u300d\u3068\u3044\u3046\u30b7\u30f3\u30d7\u30eb\u306a\u57fa\u6e96\u3067\u9078\u3093\u3067\u554f\u984c\u3042\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\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=article&amp;utm_medium=cta&amp;utm_content=ueoka\" 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=\"73\">\u7b2c6\u7ae0 2026\u5e74\u306b\u304a\u3051\u308b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u6bd4\u8f03\uff1a\u4f55\u304c\u8d77\u304d\u3066\u3044\u305f\u306e\u304b\uff1f<\/h2>\n<p data-path-to-node=\"74\"><span>2026\u5e74\u307e\u3067\u306e\u5e02\u5834\u74b0\u5883\u3092\u632f\u308a\u8fd4\u308b\u3068\u3001<\/span><span>\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3001<\/span><span>S&amp;P500\u3001<\/span><span>\u30aa\u30eb\u30ab\u30f3\u306e3\u8005\u306f\u3001<\/span><span class=\"\">\u305d\u308c\u305e\u308c\u969b\u7acb\u3063\u305f\u7279\u5fb4\u3092\u793a\u3057\u307e\u3057\u305f\u3002<\/span><\/p>\n<h3 data-path-to-node=\"75\" class=\"\">1. 2026\u5e74\u306e\u52d5\u5411\u6bd4\u8f03<\/h3>\n<table data-path-to-node=\"76\">\n<thead>\n<tr>\n<td><strong>\u6307\u6570<\/strong><\/td>\n<td><strong>2026\u5e74\u306e\u5024\u52d5\u304d\u306e\u7279\u5fb4<\/strong><\/td>\n<td><strong>\u4e3b\u306a\u8981\u56e0<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"76,1,0,0\"><b data-path-to-node=\"76,1,0,0\" data-index-in-node=\"0\">\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1<\/b><\/span><\/td>\n<td><span data-path-to-node=\"76,1,1,0\"><b data-path-to-node=\"76,1,1,0\" data-index-in-node=\"0\">\u5e74\u521d\u6765\u3067\u4e00\u664240%\u3092\u8d85\u3048\u308b\u4e0a\u6607<\/b>\u3092\u898b\u305b\u308b\u306a\u3069\u30013\u6307\u6570\u306e\u4e2d\u3067\u7a81\u51fa\u3057\u305f\u529b\u5f37\u3044\u63a8\u79fb<\/span><\/td>\n<td><span data-path-to-node=\"76,1,2,0\">\u534a\u5c0e\u4f53\u30fbAI\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u4e3b\u529b\u682a\u6025\u4f38\u3001\u6771\u8a3c\u6539\u9769\u306e\u7d50\u5b9f\u3001\u30c7\u30d5\u30ec\u5b8c\u5168\u8131\u5374<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"76,2,0,0\"><b data-path-to-node=\"76,2,0,0\" data-index-in-node=\"0\">S&amp;P500<\/b><\/span><\/td>\n<td><span data-path-to-node=\"76,2,1,0\">\u5e74\u521d\u6765\u30d7\u30e9\u30b9\u3092\u7dad\u6301\u3059\u308b\u3082\u3001\u9ad8\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3078\u306e\u8b66\u6212\u611f\u304b\u3089<b data-path-to-node=\"76,2,1,0\" data-index-in-node=\"29\">\u5805\u8abf\u3060\u304c\u3084\u3084\u8e0a\u308a\u5834<\/b><\/span><\/td>\n<td><span data-path-to-node=\"76,2,2,0\">\u30d3\u30c3\u30b0\u30c6\u30c3\u30af\u306e\u696d\u7e3e\u62e1\u5927\u7d99\u7d9a\u3068\u3001\u5229\u4e0b\u3052\u30da\u30fc\u30b9\u3092\u5de1\u308b\u601d\u60d1\u30fb\u8abf\u6574\u306e\u7db1\u5f15\u304d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"76,3,0,0\"><b data-path-to-node=\"76,3,0,0\" data-index-in-node=\"0\">\u30aa\u30eb\u30ab\u30f3<\/b><\/span><\/td>\n<td><span data-path-to-node=\"76,3,1,0\"><b data-path-to-node=\"76,3,1,0\" data-index-in-node=\"0\">S&amp;P500\u306b\u6982\u306d\u9023\u52d5\u3057\u3064\u3064\u5e95\u5805\u3044<\/b><\/span><\/td>\n<td><span data-path-to-node=\"76,3,2,0\">\u7c73\u56fd\u306e\u727d\u5f15\u306b\u52a0\u3048\u3001\u65b0\u8208\u56fd\uff08\u30a4\u30f3\u30c9\u7b49\uff09\u3084\u6b27\u5dde\u5e02\u5834\u306e\u5206\u6563\u52b9\u679c\u304c\u4e0b\u652f\u3048<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"77\" class=\"\">2. \u70ba\u66ff\u8981\u56e0\u3068\u300c\u5186\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u300d\u306e\u30ea\u30a2\u30eb<\/h3>\n<p data-path-to-node=\"78\"><span>\u65e5\u672c\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6c7a\u5b9a\u7684\u306b\u91cd\u8981\u3060\u3063\u305f\u306e\u304c\u300c\u70ba\u66ff\u30ec\u30fc\u30c8\uff08\u30c9\u30eb\u5186\uff09\u306e\u5909\u52d5\u300d\u3067\u3059\u3002<\/span><\/p>\n<ul data-path-to-node=\"79\">\n<li>\n<p data-path-to-node=\"79,0,0\"><span class=\"\">\u7c73\u56fd\u682a\uff08S&amp;P500\uff09\u3084\u30aa\u30eb\u30ab\u30f3\u304c\u73fe\u5730\u901a\u8ca8\uff08\u7c73\u30c9\u30eb\u7b49\uff09\u30d9\u30fc\u30b9\u3067\u3044\u304f\u3089\u4e0a\u6607\u3057\u3066\u3044\u3066\u3082\u3001<\/span><span class=\"\">\u65e5\u7c73\u91d1\u5229\u5dee\u306e\u7e2e\u5c0f\u7b49\u306b\u4f34\u3044\u70ba\u66ff\u304c\u5186\u9ad8\u65b9\u5411\u306b\u632f\u308c\u308b\u3068\u3001<\/span><b data-path-to-node=\"79,0,0\" data-index-in-node=\"67\">\u5186\u63db\u7b97\u3057\u305f\u6295\u8cc7\u4fe1\u8a17\u306e\u57fa\u6e96\u4fa1\u984d\u306f\u70ba\u66ff\u5dee\u640d\u306b\u3088\u3063\u3066\u5927\u304d\u304f\u62bc\u3057\u4e0b\u3052\u3089\u308c\u307e\u3059<\/b><span>\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"79,1,0\"><span>\u4e00\u65b9\u3001<\/span><span class=\"\">\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306f\u6700\u521d\u304b\u3089\u65e5\u672c\u5186\u5efa\u3066\u306e\u8cc7\u7523\u3067\u3042\u308b\u305f\u3081\u3001<\/span><span class=\"\">\u70ba\u66ff\u5909\u52d5\u306b\u3088\u308b\u76ee\u6e1b\u308a\u3092\u76f4\u63a5\u53d7\u3051\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u305b\u3093\u3002<\/span><span class=\"\">\u7d50\u679c\u3068\u3057\u3066\u3001<\/span><span class=\"\">\u300c\u70ba\u66ff\u30ea\u30b9\u30af\u306e\u306a\u3044\u65e5\u672c\u682a\u306e\u30c0\u30a4\u30ec\u30af\u30c8\u306a\u682a\u9ad8\u300d\u304c\u3001<\/span><span class=\"\">\u65e5\u672c\u4eba\u6295\u8cc7\u5bb6\u306e\u5186\u5efa\u3066\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u304a\u3044\u3066\u5f37\u70c8\u306a\u5a01\u529b\u3092\u767a\u63ee\u3059\u308b\u5c40\u9762\u304c\u9855\u8457\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"80\"><span class=\"\">\u5358\u5e74\u3067\u306e\u6025\u6fc0\u306a\u4e0a\u6607\u306f\u65e5\u7d4c\u5e73\u5747\u306e\u7206\u767a\u529b\u3092\u8a3c\u660e\u3057\u305f\u4e00\u65b9\u3001<\/span><span>\u7279\u5b9a\u30bb\u30af\u30bf\u30fc\u3078\u306e\u504f\u308a\u306b\u3088\u308b\u5024\u52d5\u304d\u306e\u8352\u3055\uff08NT\u500d\u7387\u306e\u4e71\u9ad8\u4e0b\u306a\u3069\uff09\u3082\u6d6e\u304d\u5f6b\u308a\u306b\u306a\u308a\u3001<\/span><span class=\"\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3068\u3057\u3066\u306e\u30ea\u30b9\u30af\u7279\u6027\u3092\u518d\u8a8d\u8b58\u3055\u305b\u308b\u5951\u6a5f\u3068\u3082\u306a\u308a\u307e\u3057\u305f\u3002<\/span><\/p>\n<h2 data-path-to-node=\"82\">\u7b2c7\u7ae0 \u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9 vs \u9ad8\u914d\u5f53\u30fb\u5897\u914d\u682a\u500b\u5225\u6295\u8cc7\uff1a\u4f7f\u3044\u5206\u3051\u306e\u6307\u91dd<\/h2>\n<p data-path-to-node=\"83\"><span>\u65e5\u672c\u682a\u3078\u306e\u6295\u8cc7\u3092\u691c\u8a0e\u3059\u308b\u969b\u3001<\/span><span>\u300cTOPIX\u306a\u3069\u306e\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3092\u7a4d\u307f\u7acb\u3066\u308b\u3079\u304d\u304b\u300d\u305d\u308c\u3068\u3082\u300c\u65e5\u672c\u306e\u9ad8\u914d\u5f53\u682a\u3084\u5897\u914d\u682a\u3092\u500b\u5225\u306b\u8cb7\u3046\u3079\u304d\u304b\u300d\u3068\u3044\u3046\u554f\u3044\u306b\u7a81\u304d\u5f53\u305f\u308a\u307e\u3059\u3002<\/span><span>\u3053\u306e\u4f7f\u3044\u5206\u3051\u306f\u3001<\/span><b data-path-to-node=\"83\" data-index-in-node=\"87\">\u300c\u8cc7\u7523\u5f62\u6210\u671f\u300d\u304b\u300c\u8cc7\u7523\u6d3b\u7528\u671f\uff08\u51fa\u53e3\u6226\u7565\uff09\u300d\u304b<\/b><span class=\"\">\u3068\u3044\u3046\u6295\u8cc7\u5bb6\u306e\u4eba\u751f\u30d5\u30a7\u30fc\u30ba\u306b\u3088\u3063\u3066\u660e\u78ba\u306b\u5206\u304b\u308c\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"84\" class=\"\">1. \u7279\u6027\u3068\u76ee\u7684\u306e\u6bd4\u8f03<\/h3>\n<table data-path-to-node=\"85\">\n<thead>\n<tr>\n<td><strong>\u6bd4\u8f03\u9805\u76ee<\/strong><\/td>\n<td><strong>\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u4fe1\uff08TOPIX\u7b49\uff09<\/strong><\/td>\n<td><strong>\u65e5\u672c\u306e\u9ad8\u914d\u5f53\u682a\u30fb\u9023\u7d9a\u5897\u914d\u682a\uff08\u500b\u5225\u682a\uff09<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"85,1,0,0\"><b data-path-to-node=\"85,1,0,0\" data-index-in-node=\"0\">\u4e3b\u76ee\u7684<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,1,1,0\"><b data-path-to-node=\"85,1,1,0\" data-index-in-node=\"0\">\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u30fb\u7d14\u8cc7\u7523\u984d\u306e\u6700\u5927\u5316<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,1,2,0\"><b data-path-to-node=\"85,1,2,0\" data-index-in-node=\"0\">\u5b9a\u671f\u7684\u30fb\u78ba\u5b9f\u306a\u73fe\u91d1\u53ce\u5165\uff08\u914d\u5f53\u91d1\uff09\u306e\u78ba\u4fdd<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"85,2,0,0\"><b data-path-to-node=\"85,2,0,0\" data-index-in-node=\"0\">\u8907\u5229\u52b9\u679c<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,2,1,0\">\u5206\u914d\u91d1\u3092\u30d5\u30a1\u30f3\u30c9\u5185\u3067\u81ea\u52d5\u518d\u6295\u8cc7\uff08\u8907\u5229\u6700\u5927\u5316\uff09<\/span><\/td>\n<td><span data-path-to-node=\"85,2,2,0\">\u914d\u5f53\u3092\u53d7\u3051\u53d6\u308b\u305f\u3081\u3001\u8907\u5229\u306e\u30b9\u30d4\u30fc\u30c9\u306f\u843d\u3061\u308b<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"85,3,0,0\"><b data-path-to-node=\"85,3,0,0\" data-index-in-node=\"0\">\u904b\u7528\u306e\u624b\u9593<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,3,1,0\"><b data-path-to-node=\"85,3,1,0\" data-index-in-node=\"0\">\u5b8c\u5168\u653e\u7f6e\u3067OK<\/b>\uff08\u9298\u67c4\u5206\u6790\u3084\u6c7a\u7b97\u7cbe\u67fb\u306f\u4e0d\u8981\uff09<\/span><\/td>\n<td><span data-path-to-node=\"85,3,2,0\"><b data-path-to-node=\"85,3,2,0\" data-index-in-node=\"0\">\u6c7a\u7b97\u3084\u6e1b\u914d\u30ea\u30b9\u30af\u306e\u7d99\u7d9a\u7684\u306a\u76e3\u8996\u304c\u5fc5\u9808<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"85,4,0,0\"><b data-path-to-node=\"85,4,0,0\" data-index-in-node=\"0\">\u65b0NISA\u67a0\u306e\u6d3b\u7528<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,4,1,0\">\u300c\u3064\u307f\u305f\u3066\u6295\u8cc7\u67a0\u300d\u300c\u6210\u9577\u6295\u8cc7\u67a0\u300d\u53cc\u65b9<\/span><\/td>\n<td><span data-path-to-node=\"85,4,2,0\">\u4e3b\u306b**\u300c\u6210\u9577\u6295\u8cc7\u67a0\u300d**\u3092\u6d3b\u7528\uff08\u914d\u5f53\u91d1\u3092\u5b8c\u5168\u975e\u8ab2\u7a0e\u5316\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"85,5,0,0\"><b data-path-to-node=\"85,5,0,0\" data-index-in-node=\"0\">\u7cbe\u795e\u7684\u30e1\u30ea\u30c3\u30c8<\/b><\/span><\/td>\n<td><span data-path-to-node=\"85,5,1,0\">\u5e02\u5834\u5168\u4f53\u306e\u4e0a\u6607\u306b\u4e57\u308c\u308b\u5b89\u5fc3\u611f<\/span><\/td>\n<td><span data-path-to-node=\"85,5,2,0\">\u4e0b\u843d\u76f8\u5834\u3067\u3082\u53e3\u5ea7\u306b\u73fe\u91d1\u304c\u632f\u308a\u8fbc\u307e\u308c\u308b\u5b89\u5fc3\u611f<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"86\" class=\"\">2. \u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u7a4d\u7acb\uff08TOPIX\uff09\u3092\u512a\u5148\u3059\u3079\u304d\u4eba<\/h3>\n<ul data-path-to-node=\"87\">\n<li>\n<p data-path-to-node=\"87,0,0\"><b data-path-to-node=\"87,0,0\" data-index-in-node=\"0\">20\u4ee3\u301c40\u4ee3\u306a\u3069\u306e\u8cc7\u7523\u5f62\u6210\u671f\u306b\u3042\u308b\u4eba:<\/b><\/p>\n<p data-path-to-node=\"87,0,1\"><span class=\"\">\u5f53\u9762\u4f7f\u3046\u4e88\u5b9a\u306e\u306a\u3044\u8cc7\u91d1\u3092\u5897\u3084\u3059\u30d5\u30a7\u30fc\u30ba\u3067\u306f\u3001<\/span><span>\u914d\u5f53\u91d1\u3092\u53d7\u3051\u53d6\u3063\u3066\u7a0e\u91d1\u3092\u6255\u3046\uff08\u307e\u305f\u306f\u518d\u6295\u8cc7\u306e\u624b\u9593\u3092\u304b\u3051\u308b\uff09\u3088\u308a\u3082\u3001<\/span><span class=\"\">\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u6295\u4fe1\u306e\u4e2d\u3067\u81ea\u52d5\u7684\u306b\u5168\u984d\u518d\u6295\u8cc7\u3057\u3001<\/span><span>\u8907\u5229\u30a8\u30f3\u30b8\u30f3\u3092\u30d5\u30eb\u56de\u8ee2\u3055\u305b\u308b\u306e\u304c\u6700\u3082\u52b9\u7387\u7684\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"87,1,0\"><b class=\"\" data-path-to-node=\"87,1,0\" data-index-in-node=\"0\">\u9298\u67c4\u5206\u6790\u306b\u6642\u9593\u3092\u5272\u3051\u306a\u3044\u4eba:<\/b><\/p>\n<p data-path-to-node=\"87,1,1\"><span class=\"\">\u500b\u5225\u4f01\u696d\u306eIR\u8cc7\u6599\u3084\u6709\u4fa1\u8a3c\u5238\u5831\u544a\u66f8\u3092\u8aad\u307f\u89e3\u304f\u6642\u9593\u304c\u53d6\u308c\u306a\u3044\u30d3\u30b8\u30cd\u30b9\u30d1\u30fc\u30bd\u30f3\u306b\u3068\u3063\u3066\u3001<\/span><span>\u5e02\u5834\u5168\u4f53\u3092\u4f4e\u30b3\u30b9\u30c8\u3067\u4e38\u3054\u3068\u8cb7\u3048\u308b\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306f\u552f\u4e00\u7121\u4e8c\u306e\u5473\u65b9\u3067\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"88\">3. \u9ad8\u914d\u5f53\u682a\u30fb\u9023\u7d9a\u5897\u914d\u682a\u3092\u512a\u5148\u3059\u3079\u304d\u4eba<\/h3>\n<ul data-path-to-node=\"89\">\n<li>\n<p data-path-to-node=\"89,0,0\"><b data-path-to-node=\"89,0,0\" data-index-in-node=\"0\">\u300c\u4eca\u300d\u4f7f\u3048\u308b\u304a\u91d1\u3092\u5897\u3084\u3057\u305f\u3044\u4eba:<\/b><\/p>\n<p data-path-to-node=\"89,0,1\"><span>\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u542b\u307f\u76ca\u306f\u3001<\/span><span>\u58f2\u5374\u30dc\u30bf\u30f3\u3092\u62bc\u3059\u307e\u30671\u5186\u3082\u751f\u6d3b\u3092\u8c4a\u304b\u306b\u3057\u3066\u304f\u308c\u307e\u305b\u3093\u3002<\/span><span>\u4e00\u65b9\u3001<\/span><span>\u56db\u534a\u671f\u3084\u534a\u5e74\u3054\u3068\u306b\u632f\u308a\u8fbc\u307e\u308c\u308b\u914d\u5f53\u91d1\u306f\u3001<\/span><span>\u65c5\u884c\u4ee3\u3001<\/span><span>\u5916\u98df\u8cbb\u3001<\/span><span>\u56fa\u5b9a\u8cbb\u306e\u652f\u6255\u3044\u306b\u76f4\u63a5\u5145\u3066\u308b\u3053\u3068\u304c\u3067\u304d\u3001<\/span><span>\u300c\u6295\u8cc7\u306e\u6069\u6075\u300d\u3092\u4eca\u3053\u306e\u77ac\u9593\u306b\u5b9f\u611f\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"89,1,0\"><b data-path-to-node=\"89,1,0\" data-index-in-node=\"0\">\u9023\u7d9a\u5897\u914d\u682a\u306e\u30a4\u30f3\u30d5\u30ec\u5bfe\u6297\u529b:<\/b><\/p>\n<p data-path-to-node=\"89,1,1\"><span>\u4e09\u83f1\u5546\u4e8b\u3084\u4e09\u4e95\u4f4f\u53cbFG\u3001<\/span><span>KDDI\u306e\u3088\u3046\u306b\u300c\u7d2f\u9032\u914d\u5f53\u300d\u3092\u63b2\u3052\u308b\u4f01\u696d\u7fa4\u306f\u3001<\/span><span>\u696d\u7e3e\u62e1\u5927\u3068\u3068\u3082\u306b\u914d\u5f53\u91d1\u3092\u5897\u3084\u3057\u7d9a\u3051\u307e\u3059\u3002<\/span><span>\u3053\u308c\u306b\u3088\u308a\u3001<\/span><span>\u81ea\u5206\u306e\u8cb7\u3063\u305f\u682a\u4fa1\u306b\u5bfe\u3059\u308b\u914d\u5f53\u5229\u56de\u308a\uff08YOC\uff1aYield on Cost\uff09\u304c\u5e74\u3005\u4e0a\u6607\u3057\u3001<\/span><span>\u5c06\u6765\u7684\u306b\u9a5a\u7570\u7684\u306a\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u3092\u3082\u305f\u3089\u3059\u8cc7\u7523\u306b\u80b2\u3061\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h2 data-path-to-node=\"91\">\u7b2c8\u7ae0 \u30aa\u30eb\u30ab\u30f3\u3092\u4e3b\u8ef8\u306b\u3057\u305f\u5b9f\u8df5\u7684\u300c\u65e5\u672c\u682a\u30c8\u30c3\u30d4\u30f3\u30b0\u6226\u7565\u300d<\/h2>\n<p data-path-to-node=\"92\"><span>\u4e16\u754c\u5206\u6563\u6295\u8cc7\u306e\u512a\u4f4d\u6027\u3092\u8a8d\u3081\u3064\u3064\u3001<\/span><span class=\"\">\u65e5\u672c\u682a\u306e\u5f37\u307f\u3082\u53d6\u308a\u8fbc\u307f\u305f\u3044\u5834\u5408\u3001<\/span><span class=\"\">\u3069\u306e\u3088\u3046\u306b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u69cb\u7bc9\u3059\u3079\u304d\u3067\u3057\u3087\u3046\u304b\u3002<\/span><span class=\"\">\u3053\u3053\u3067\u6709\u52b9\u306a\u306e\u304c\u3001<\/span><span class=\"\">\u8cc7\u7523\u904b\u7528\u306e\u738b\u9053\u3067\u3042\u308b\u300c\u30b3\u30a2\u30fb\u30b5\u30c6\u30e9\u30a4\u30c8\u6226\u7565\u300d\u3067\u3059\u3002<\/span><\/p>\n<p><response-element class=\"no-md md-has-block-component\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-762 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3372278408=\"\" class=\"code-block ng-tns-c3372278408-762 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:W1sicl9hYWE5OTU2MTU3YjUzNTU5IiwiY182ZGJlNmI3NjU4ZDkwMTIxIixudWxsLCJyY181N2RiYWQxMWRmMmU2OGIxIixudWxsLG51bGwsImphIixudWxsLDEsbnVsbCxudWxsLDAsMF1d\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"formatted-code-block-internal-container ng-tns-c3372278408-762\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"animated-opacity ng-tns-c3372278408-762\">\n<pre _ngcontent-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-762\"><code _ngcontent-ng-c3372278408=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3372278408-762 no-decoration-radius\">\u3010\u30b3\u30a2\u30fb\u30b5\u30c6\u30e9\u30a4\u30c8\u6226\u7565\u306e\u57fa\u672c\u69cb\u9020\u3011\r\n\u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n\u2502 \u25a0 \u30b3\u30a2\uff08\u5b88\u308a\u30fb\u57fa\u76e4\uff09\uff1a70\u301c85%                \u2502\r\n\u2502   \u30fb\u30aa\u30eb\u30ab\u30f3\uff08\u5168\u4e16\u754c\u682a\u5f0f\uff09                    \u2502\r\n\u2502   \u2192 \u4e16\u754c\u7d4c\u6e08\u306e\u6210\u9577\u306b\u5b8c\u5168\u306b\u304a\u4efb\u305b\u3059\u308b\u4e0d\u52d5\u306e\u571f\u53f0\u2502\r\n\u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n\u2502 \u25a0 \u30b5\u30c6\u30e9\u30a4\u30c8\uff08\u653b\u3081\u30fb\u30c8\u30c3\u30d4\u30f3\u30b0\uff09\uff1a15\u301c30%    \u2502\r\n\u2502   \u30fb\u65e5\u672c\u682a\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\uff08TOPIX\uff09               \u2502\r\n\u2502   \u30fb\u307e\u305f\u306f\u65e5\u672c\u306e\u9023\u7d9a\u5897\u914d\u30fb\u9ad8\u914d\u5f53\u682a            \u2502\r\n\u2502   \u2192 \u65e5\u672c\u306e\u69cb\u9020\u6539\u9769\u306e\u6069\u6075\u3001\u5186\u9ad8\u30af\u30c3\u30b7\u30e7\u30f3\u3001   \u2502\r\n\u2502      \u975e\u8ab2\u7a0e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u5275\u51fa             \u2502\r\n\u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"94\">1. \u6700\u9069\u306a\u30c8\u30c3\u30d4\u30f3\u30b0\u6bd4\u7387\u306f\u300c10\u301c20%\u300d<\/h3>\n<p data-path-to-node=\"95\"><span>\u30aa\u30eb\u30ab\u30f3\u306b\u4e0a\u4e57\u305b\u3059\u308b\u65e5\u672c\u682a\u306e\u6bd4\u7387\u306f\u3001<\/span><span>\u8cc7\u7523\u5168\u4f53\u306e10\u301c20%\uff08\u4e0a\u9650\u3067\u308230%\u4ee5\u5185\uff09\u306b\u7559\u3081\u308b\u306e\u304c\u6700\u3082\u5408\u7406\u7684\u3067\u3059\u3002<\/span><\/p>\n<ul data-path-to-node=\"96\">\n<li>\n<p data-path-to-node=\"96,0,0\"><span>\u30aa\u30eb\u30ab\u30f3\u81ea\u4f53\u306b\u7d045%\u306e\u65e5\u672c\u682a\u304c\u542b\u307e\u308c\u3066\u3044\u308b\u305f\u3081\u3001<\/span><span>15%\u3092\u30c8\u30c3\u30d4\u30f3\u30b0\u3059\u308c\u3070\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5185\u306e\u5b9f\u8cea\u65e5\u672c\u682a\u6bd4\u7387\u306f\u7d0420%\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"96,1,0\"><span>\u3053\u308c\u306b\u3088\u308a\u3001<\/span><span>80%\u306e\u8cc7\u91d1\u3067\u4e16\u754c\u3078\u306e\u5e83\u7bc4\u306a\u5206\u6563\u3092\u7dad\u6301\u3057\u306a\u304c\u3089\u3001<\/span><span>20%\u306e\u8cc7\u91d1\u3067\u300c\u65e5\u672c\u306e\u682a\u9ad8\u30e1\u30ea\u30c3\u30c8\u300d\u300c\u5186\u5efa\u3066\u914d\u5f53\u53ce\u5165\u300d\u300c\u5186\u9ad8\u5c40\u9762\u3067\u306e\u8a55\u4fa1\u984d\u4e0b\u843d\u30af\u30c3\u30b7\u30e7\u30f3\u300d\u306e\u6069\u6075\u3092\u5341\u5206\u306b\u4eab\u53d7\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"97\">2. \u306a\u305c\u300c\u65e5\u672c\u682a\u6bd4\u738730%\u8d85\u300d\u306f\u907f\u3051\u308b\u3079\u304d\u306a\u306e\u304b\uff1f<\/h3>\n<p data-path-to-node=\"98\"><span>\u65e5\u672c\u682a\u306e\u4e0a\u6607\u304c\u7d9a\u304f\u3068\u3001<\/span><span>\u4eba\u9593\u5fc3\u7406\u3068\u3057\u3066\u300c\u3082\u3063\u3068\u65e5\u672c\u682a\u3092\u5897\u3084\u3057\u305f\u3044\u300d\u3068\u3044\u3046\u8a98\u60d1\u306b\u99c6\u3089\u308c\u307e\u3059\u3002<\/span><span>\u3057\u304b\u3057\u3001<\/span><span>\u65e5\u672c\u682a\u6bd4\u7387\u304c40\u301c50%\u3092\u8d85\u3048\u3066\u3057\u307e\u3046\u3068\u3001<\/span><span>\u7d66\u4e0e\u30fb\u9810\u91d1\u30fb\u5e74\u91d1\u30fb\u6295\u8cc7\u306e\u3059\u3079\u3066\u304c\u65e5\u672c\u7d4c\u6e08\u306b\u4f9d\u5b58\u3059\u308b\u300c\u30db\u30fc\u30e0\u30ab\u30f3\u30c8\u30ea\u30fc\u30d0\u30a4\u30a2\u30b9\uff08\u81ea\u56fd\u8d14\u5c53\u306e\u7f60\uff09\u300d\u306b\u9006\u623b\u308a\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><span>\u4e16\u754c\u5206\u6563\u306e\u30e1\u30ea\u30c3\u30c8\u3092\u6bba\u3055\u306a\u3044\u305f\u3081\u306b\u3082\u3001<\/span><span>\u4e0a\u965030%\u3068\u3044\u3046\u30eb\u30fc\u30eb\u3092\u53b3\u683c\u306b\u5b88\u308b\u3053\u3068\u304c\u9244\u5247\u3067\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"100\">\u7b2c9\u7ae0 \u91d1\u878d\u30fb\u6295\u8cc7\u30ea\u30c6\u30e9\u30b7\u30fc\u304c\u500b\u4eba\u306e\u672a\u6765\u3092\u6c7a\u5b9a\u3065\u3051\u308b\u7406\u7531<\/h2>\n<p data-path-to-node=\"101\"><span>\u3053\u3053\u307e\u3067\u3001<\/span><span>S&amp;P500\u3001<\/span><span>\u30aa\u30eb\u30ab\u30f3\u3001<\/span><span>\u65e5\u7d4c\u5e73\u5747\u3001<\/span><span>TOPIX\u3001<\/span><span>\u9ad8\u914d\u5f53\u682a\u306e\u69cb\u9020\u3068\u6226\u7565\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u3066\u304d\u307e\u3057\u305f\u3002<\/span><span>\u3057\u304b\u3057\u3001<\/span><span>\u3069\u3093\u306a\u306b\u512a\u308c\u305f\u6295\u8cc7\u5546\u54c1\u3084\u6226\u7565\u3092\u77e5\u3063\u3066\u3044\u3066\u3082\u3001<\/span><b data-path-to-node=\"101\" data-index-in-node=\"77\">\u6295\u8cc7\u5bb6\u81ea\u8eab\u306e\u300c\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u300d\u304c\u4f34\u3063\u3066\u3044\u306a\u3051\u308c\u3070\u3001\u9577\u671f\u6295\u8cc7\u3067\u6210\u529f\u3059\u308b\u3053\u3068\u306f\u4e0d\u53ef\u80fd\u3067\u3059<\/b><span>\u3002<\/span><\/p>\n<p data-path-to-node=\"102\"><span>\u6700\u5f8c\u306b\u3001<\/span><span class=\"\">\u3053\u308c\u304b\u3089\u306e\u6642\u4ee3\u306b\u304a\u3044\u3066\u91d1\u878d\u77e5\u8b58\u3092\u8eab\u306b\u3064\u3051\u308b\u3053\u3068\u304c\u306a\u305c\u6b7b\u6d3b\u7684\u306b\u91cd\u8981\u306a\u306e\u304b\u3001<\/span><span>\u305d\u306e\u672c\u8cea\u3092\u304a\u4f1d\u3048\u3057\u307e\u3059\u3002<\/span><\/p>\n<p><response-element class=\"no-md md-has-block-component\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-763 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3372278408=\"\" class=\"code-block ng-tns-c3372278408-763 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:W1sicl9hYWE5OTU2MTU3YjUzNTU5IiwiY182ZGJlNmI3NjU4ZDkwMTIxIixudWxsLCJyY181N2RiYWQxMWRmMmU2OGIxIixudWxsLG51bGwsImphIixudWxsLDEsbnVsbCxudWxsLDAsMF1d\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"formatted-code-block-internal-container ng-tns-c3372278408-763\">\n<div _ngcontent-ng-c3372278408=\"\" class=\"animated-opacity ng-tns-c3372278408-763\">\n<pre _ngcontent-ng-c3372278408=\"\" class=\"ng-tns-c3372278408-763\"><code _ngcontent-ng-c3372278408=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3372278408-763 no-decoration-radius\">\u3010\u8cc7\u7523\u5f62\u6210\u3092\u963b\u3080\u300c3\u3064\u306e\u6575\u300d\u3068\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u3011\r\n  1. \u30a4\u30f3\u30d5\u30ec\u306e\u8105\u5a01   \u21d2 \u300c\u73fe\u91d1\u306e\u4fa1\u5024\u304c\u76ee\u6e1b\u308a\u3059\u308b\u30ea\u30b9\u30af\u300d\u3092\u7406\u89e3\u3059\u308b\r\n  2. \u60c5\u5831\u904e\u591a\u3068\u30ce\u30a4\u30ba \u21d2 \u300c\u77ed\u671f\u306e\u66b4\u843d\u30fb\u6d41\u884c\u300d\u306b\u632f\u308a\u56de\u3055\u308c\u306a\u3044\u8ef8\u3092\u6301\u3064\r\n  3. \u611f\u60c5\u306e\u66b4\u8d70       \u21d2 \u300c\u72fc\u72fd\u58f2\u308a\u300d\u3092\u9632\u304e\u3001\u8907\u5229\u306e\u679c\u5b9f\u3092\u6700\u5f8c\u307e\u3067\u4eab\u53d7\u3059\u308b\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"104\" class=\"\">1. \u300c\u6295\u8cc7\u3092\u3057\u306a\u3044\u3053\u3068\u300d\u81ea\u4f53\u304c\u6700\u5927\u306e\u30ea\u30b9\u30af\u306b\u306a\u308b\u6642\u4ee3<\/h3>\n<p data-path-to-node=\"105\"><span>\u304b\u3064\u3066\u306e\u30c7\u30d5\u30ec\u671f\u3067\u3042\u308c\u3070\u3001<\/span><span>\u30e1\u30ac\u30d0\u30f3\u30af\u306e\u5b9a\u671f\u9810\u91d1\u306b\u9810\u3051\u3066\u304a\u304f\u3060\u3051\u3067\uff08\u91d1\u5229\u306f\u4f4e\u304f\u3068\u3082\uff09\u30e2\u30ce\u306e\u5024\u6bb5\u304c\u4e0b\u304c\u308b\u305f\u3081\u3001<\/span><span>\u73fe\u91d1\u306e\u4fa1\u5024\u306f\u76ee\u6e1b\u308a\u3057\u307e\u305b\u3093\u3067\u3057\u305f\u3002<\/span><\/p>\n<p data-path-to-node=\"106\"><span>\u3057\u304b\u3057\u3001<\/span><span>\u30a4\u30f3\u30d5\u30ec\u304c\u5b9a\u7740\u3057\u305f\u73fe\u5728\u3001<\/span><span>\u73fe\u91d1\u306e\u8cfc\u8cb7\u529b\u306f\u6bce\u5e74\u78ba\u5b9f\u306b\u4f4e\u4e0b\u3057\u3066\u3044\u307e\u3059\u3002<\/span><span>\u4f8b\u3048\u3070\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u5e742%\u3067\u63a8\u79fb\u3057\u305f\u5834\u5408\u3001<\/span><b data-path-to-node=\"106\" data-index-in-node=\"56\">\u73fe\u5728\u306e1,000\u4e07\u5186\u306e\u4fa1\u5024\u306f\u300120\u5e74\u5f8c\u306b\u306f\u7d04670\u4e07\u5186\u306e\u5b9f\u8cea\u4fa1\u5024\u306b\u307e\u3067\u6e1b\u5c11<\/b><span>\u3057\u307e\u3059\u3002<\/span><span>\u4f55\u3082\u3057\u306a\u3044\u3053\u3068\u306f\u300c\u5b89\u5168\u300d\u3092\u610f\u5473\u305b\u305a\u3001<\/span><span>\u300c\u78ba\u5b9f\u306b\u8cc7\u7523\u3092\u6e1b\u3089\u3059\u9078\u629e\u300d\u3092\u3057\u3066\u3044\u308b\u3053\u3068\u306b\u4ed6\u306a\u308a\u307e\u305b\u3093\u3002<\/span><\/p>\n<h3 data-path-to-node=\"107\">2. \u300c\u60c5\u5831\u306b\u8e0a\u3089\u3055\u308c\u306a\u3044\u8ef8\u300d\u3092\u78ba\u7acb\u3059\u308b<\/h3>\n<p data-path-to-node=\"108\"><span>SNS\u3084\u52d5\u753b\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u306b\u306f\u3001<\/span><span>\u300c\u4eca\u3059\u3050\u3053\u308c\u3092\u8cb7\u3048\u300d\u300c\u30aa\u30eb\u30ab\u30f3\u306f\u3082\u3046\u53e4\u3044\u300d\u300c\u3053\u308c\u304b\u3089\u306f\u25cb\u25cb\u306e\u6642\u4ee3\u300d\u3068\u3044\u3063\u305f\u6247\u60c5\u7684\u306a\u898b\u51fa\u3057\u304c\u6ea2\u308c\u3066\u3044\u307e\u3059\u3002<\/span><span>\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u3092\u6301\u305f\u306a\u3044\u521d\u5fc3\u8005\u306f\u3001<\/span><span>\u76f8\u5834\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3082\u306e\u306b\u98db\u3073\u3064\u304d\u3001<\/span><span>\u66b4\u843d\u304c\u8d77\u304d\u308b\u3068\u6050\u6016\u3067\u5e95\u5024\u3067\u58f2\u308a\u6255\u3046\u3068\u3044\u3046\u6700\u60aa\u306e\u884c\u52d5\uff08\u9ad8\u5024\u63b4\u307f\u30fb\u5b89\u5024\u58f2\u308a\uff09\u3092\u7e70\u308a\u8fd4\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"109\"><span>\u6307\u6570\u306e\u7b97\u51fa\u6839\u62e0\u3001<\/span><span>\u70ba\u66ff\u306e\u5f71\u97ff\u3001<\/span><span>\u4f01\u696d\u306e\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3068\u3044\u3063\u305f\u57fa\u672c\u69cb\u9020\u3092\u7406\u89e3\u3057\u3066\u3044\u308c\u3070\u3001<\/span><span>\u65e5\u3005\u306e\u96d1\u97f3\uff08\u30ce\u30a4\u30ba\uff09\u306b\u60d1\u308f\u3055\u308c\u308b\u3053\u3068\u306a\u304f\u3001<\/span><span>\u81ea\u5206\u306e\u822a\u8def\u3092\u30d6\u30ec\u305a\u306b\u7dad\u6301\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<h3 data-path-to-node=\"110\">3. \u300c\u4ed6\u4eba\u306e\u6210\u529f\u6cd5\u5247\u300d\u3067\u306f\u306a\u304f\u300c\u81ea\u5206\u306e\u7d0d\u5f97\u611f\u300d\u3092\u6301\u3064<\/h3>\n<p data-path-to-node=\"111\"><span>\u6295\u8cc7\u306b\u304a\u3044\u3066\u6700\u5927\u306e\u6575\u306f\u3001<\/span><span>\u5e02\u5834\u306e\u66b4\u843d\u3067\u306f\u306a\u304f\u300c\u81ea\u5206\u81ea\u8eab\u306e\u6050\u6016\u3068\u4e0d\u4fe1\u611f\u300d\u3067\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"112\"><span>\u8ab0\u304b\u306b\u52e7\u3081\u3089\u308c\u305f\u304b\u3089\u3068\u3044\u3046\u7406\u7531\u3060\u3051\u3067S&amp;P500\u3084\u30aa\u30eb\u30ab\u30f3\u3092\u8cb7\u3063\u305f\u4eba\u306f\u3001<\/span><span>30%\u301c40%\u306e\u66b4\u843d\u306b\u76f4\u9762\u3057\u305f\u3068\u304d\u3001<\/span><span>\u300c\u672c\u5f53\u306b\u4fe1\u3058\u3066\u6301\u3061\u7d9a\u3051\u3066\u3044\u3044\u306e\u304b\u300d\u306b\u8010\u3048\u3089\u308c\u305a\u3001<\/span><span>\u9014\u4e2d\u3067\u6295\u3052\u51fa\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/span><span>\u4e00\u65b9\u3001<\/span><span>\u6b74\u53f2\u3001<\/span><span>\u30ea\u30b9\u30af\u3001<\/span><span>\u69cb\u6210\u6bd4\u7387\u3001<\/span><span>\u305d\u3057\u3066\u81ea\u5206\u304c\u306a\u305c\u65e5\u672c\u682a\u3092\u7d44\u307f\u5408\u308f\u305b\u3066\u3044\u308b\u306e\u304b\u3092\u8ad6\u7406\u7684\u306b\u7d0d\u5f97\u3057\u3066\u69cb\u7bc9\u3057\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3067\u3042\u308c\u3070\u3001<\/span><span>\u4e0b\u843d\u5c40\u9762\u3092\u300c\u5b89\u304f\u8cb7\u3044\u5897\u305b\u308b\u7d76\u597d\u306e\u6a5f\u4f1a\u300d\u3068\u3057\u3066\u6de1\u3005\u3068\u53d7\u3051\u6b62\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"113\"><span>\u91d1\u878d\u30ea\u30c6\u30e9\u30b7\u30fc\u3068\u306f\u3001<\/span><span>\u5358\u306a\u308b\u300c\u304a\u91d1\u5132\u3051\u306e\u30c6\u30af\u30cb\u30c3\u30af\u300d\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/span><span>\u81ea\u5206\u81ea\u8eab\u306e\u6642\u9593\u3001<\/span><span>\u52b4\u50cd\u3001<\/span><span>\u5bb6\u65cf\u306e\u751f\u6d3b\u3001<\/span><span>\u305d\u3057\u3066\u4e0d\u78ba\u5b9f\u306a\u672a\u6765\u3092\u5b88\u308b\u305f\u3081\u306e\u300c\u6700\u5f37\u306e\u6559\u990a\u3067\u3042\u308a\u3001<\/span><span>\u9632\u5177\u300d\u306a\u306e\u3067\u3059\u3002<\/span><\/p>\n<h2 data-path-to-node=\"115\">\u7d50\u3073\uff1a\u81ea\u5206\u306e\u982d\u3067\u9078\u3073\u3001\u78ba\u4fe1\u3092\u6301\u3063\u3066\u6b69\u3080\u305f\u3081\u306b<\/h2>\n<p data-path-to-node=\"116\"><span>\u300cS&amp;P500\u304b\u3001<\/span><span>\u30aa\u30eb\u30ab\u30f3\u304b\u3001<\/span><span>\u65e5\u672c\u682a\u304b\u300d\u3068\u3044\u3046\u554f\u3044\u306b\u5bfe\u3059\u308b\u7d76\u5bfe\u552f\u4e00\u306e\u6b63\u89e3\u306f\u5b58\u5728\u3057\u307e\u305b\u3093\u3002<\/span><span>\u3042\u308b\u4eba\u306b\u3068\u3063\u3066\u306f\u30aa\u30eb\u30ab\u30f31\u672c\u306e\u5b8c\u5168\u653e\u7f6e\u304c\u6700\u9069\u89e3\u3067\u3042\u308a\u3001<\/span><span>\u5225\u306e\u4eba\u306b\u3068\u3063\u3066\u306f\u4e16\u754c\u5206\u6563\u3092\u30b3\u30a2\u306b\u636e\u3048\u3064\u3064\u3001<\/span><span>\u6bcd\u56fd\u306e\u6210\u9577\u3068\u914d\u5f53\u3092\u5b9f\u611f\u3067\u304d\u308b\u65e5\u672c\u682a\u309215%\u30c8\u30c3\u30d4\u30f3\u30b0\u3059\u308b\u69cb\u6210\u304c\u6700\u3082\u5fc3\u5730\u3088\u3044\u30d0\u30e9\u30f3\u30b9\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n<p data-path-to-node=\"117\"><span>\u91cd\u8981\u306a\u306e\u306f\u3001<\/span><span>\u6d41\u884c\u3084\u4ed6\u4eba\u306e\u610f\u898b\u306b\u6d41\u3055\u308c\u308b\u306e\u3067\u306f\u306a\u304f\u3001<\/span><\/p>\n<ol start=\"1\" data-path-to-node=\"118\">\n<li>\n<p data-path-to-node=\"118,0,0\"><b data-path-to-node=\"118,0,0\" data-index-in-node=\"0\">\u5404\u6307\u6570\u306e\u672c\u8cea\u7684\u306a\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u6e90\u6cc9\u3092\u7406\u89e3\u3059\u308b\u3053\u3068<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"118,1,0\"><b data-path-to-node=\"118,1,0\" data-index-in-node=\"0\">\u70ba\u66ff\u3084\u751f\u6d3b\u57fa\u76e4\u3092\u542b\u3081\u305f\u5168\u4f53\u6700\u9069\u3067\u8cc7\u7523\u914d\u5206\u3092\u8003\u3048\u308b\u3053\u3068<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"118,2,0\"><b data-path-to-node=\"118,2,0\" data-index-in-node=\"0\">\u81ea\u5206\u304c20\u5e74\u300130\u5e74\u3068\u5e02\u5834\u306b\u5c45\u7d9a\u3051\u3089\u308c\u308b\u898f\u5f8b\u3092\u6301\u3064\u3053\u3068<\/b><\/p>\n<\/li>\n<\/ol>\n<p data-path-to-node=\"119\"><span>\u3053\u306e3\u539f\u5247\u3092\u80f8\u306b\u3001<\/span><span>\u8eab\u306b\u3064\u3051\u305f\u77e5\u8b58\u3092\u5b9f\u8df5\u3078\u3068\u6607\u83ef\u3055\u305b\u3001<\/span><span>\u7740\u5b9f\u306a\u8cc7\u7523\u5f62\u6210\u306e\u4e00\u6b69\u3092\u8e0f\u307f\u51fa\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/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=cta&amp;utm_content=ueoka\">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=cta&amp;utm_content=ueoka\">\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=cta&amp;utm_content=ueoka\">\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> 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