したらばTOP ■掲示板に戻る■ 全部 1-100 最新50 | |

安倍晋三のチンコの皮余りすぎじゃね?

92Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:13:57
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
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GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

93Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:14:17
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

94Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:14:25
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

95Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:14:35
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

96Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:14:46
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

97Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:14:54
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

98Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:00
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

99Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:08
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

100Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:17
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BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

101Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:22
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

102Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:29
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

103Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:35
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

104Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:42
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

105Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:48
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

106Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:15:57
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

107Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:08
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

108Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:20
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

109Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:27
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

110Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:36
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

111Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:44
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

112Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:49
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

113Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:16:55
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

114Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:07
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

115Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:19
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

116Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:26
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

117Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:38
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

118Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:45
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

119Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:17:54
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

120Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:18:02
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

121Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:18:13
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

122Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:18:21
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

123Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:18:28
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BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

124Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:18:35
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

125Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:09
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

126Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:16
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

127Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:25
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

128Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:32
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

129Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:38
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

130Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:45
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

131Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:50
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

132Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:19:58
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

133Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:04
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

134Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:11
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

135Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:18
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

136Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:25
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

137Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:31
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

138Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:44
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

139Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:50
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

140Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:20:57
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

141Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:04
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

142Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:10
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

143Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:17
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

144Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:23
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

145Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:30
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

146Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:36
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

147Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:42
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

148Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:48
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

149Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:21:57
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

150Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:05
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

151Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:17
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

152Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:24
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

153Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:30
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

154Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:38
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

155Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:44
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

156Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:51
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

157Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:22:57
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

158Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:23:04
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

159Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:23:10
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

160Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:23:15
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

161Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:23:46
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

162Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:23:54
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

163Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:02
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

164Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:09
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

165Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:16
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

166Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:23
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

167Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:30
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

168Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:35
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

169Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:41
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

170Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:24:52
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
ERXZHRMYPWQCDXMVVDNDNJVNDSHCKMXRCNMRGFRGBAXTARMUHPRQJPKRHWSKRFMEEJXRASU
QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

171Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:02
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

172Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:07
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

173Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:20
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
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HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
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EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

174Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:26
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
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NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

175Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:33
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
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BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
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YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

176Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:41
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
TZTDDYTHYVWVXUVXCARVPDNJHMHBSFEGQAXNLKDMKNNFYXWZQPQFPALHWXJDQUJYHJRJERD
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QLRUCFRRGGUVTCAGDALZBGCWRPFLCJQHVQKUUTLYWXJMPMHNQHLUUWMUHUSQMLAEPLFSE YET
QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
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CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

177Κ5 ◆ql31SOL0D.:2017/04/03(月) 10:25:47
ZUZMWVRPYZWGMPAWBQCLAGDDHEDYZVZYGQBWQQAAUHGHVDXSFUWCUSAJZNUDTLKHTLBHYP
BPCFHUNSZMCRCBFSXVJHYYJPKYXNEGCSYKRTQPNEJUEYXYWNQVKKMBGVPVUGPTDMRNELQHU
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QUVNRDLBZXLGJKCVQPSYPSWRNLMRBREFYAMMVPWTFSQVTEYKEFPYFZDYWVEFMCTMKCWWTNR
HHUPMMJWDTLSXEDWCTKMQVJWVJBMSUKBPCDBWKWUWBXNPZCCXTSLGKZZFHUKUPGLVJM ALSO
FXLFGWJVPQUSUYLGSTQKSHTFXTFARUAHZXBKRLERAQAAREXJKFWTSUVPQMXZFPHZUBNWMNV
EPEEAMABGBVVBYPZNBSGJUHAYYMBNLUHJZDZYSXEAEWNCZQEUUEVGJHSLXXJYMHPYVEHYSB
DQKEPWFLGJCEUTLQHYGVLJGVLQEPRKXZXGWKGYPUENKJGRPHPYNWBFSQGDPJAHRXEPHC WHILE
JGYLHXVNJPSMKGFGGXGLUFHKAYNPLMMGZRVYGXVZLLSWNDBFXYSPKJBZMXUUKLMWKTKPRGR
CSVYREDSCRGTGLHYRXXXFELUWWYLECJTQVMZGAHEPPDCVRXWQXMLXZPYFUEWYSBPGSN BEFORE
CTCMKTKYGDFGHPJPCXAYQFZXLSHLRQEJQFLJMCUPNLSHZLVFEEJURLSLYEPPWXKQBDBFZDC
BAQQKURSDEVJUXFEUYEDXMTTQCCFFNECVGTJPAETUESQGUVNDUBASYBEDMZZUSLJBLCJ
VLFGMHHTCXXYTWFBYGMWQSGZBVPJANKYXQATVRXTBHPZQCWTYTSTDRBKNDUUCQYFXUKS OR
ZQYZEAPMWCMPJWVTATDWNJTNLMWXXJLDNMTWGTMDKFXQTABLKSYUKFTLUCCPDLXVXQRUUXH
YFWAZUSFSNVMVUATBSETNLJVPBADKUPYPLZYTZRCNHEMMQZVUVYSFJQFGTZCYVSZHTFVSRK
NEAVUWXZSWPQLSJTQMRBUDXLPKGJBUNKSEQMHEEGDMEVYSXADSMQUQHHHRCDMDDDESZG FOR
JTVPKHDXDRKQGLYEJBZTCHUZVCPRCEXNHCWVEYNCSUQJUGWUHUVFHYNXMPDZVYYFHYRYWEP
GNHBQZNBYUNDNSJVEYPLRYKTHDWBZSRHQXNFHSURXGSNKDPFUHFRYQVFHJHEWTWVNRQQSDF,

178安倍晋三殺す:2019/11/05(火) 05:26:37


179安倍晋三殺す:2021/11/12(金) 18:16:28
【ネトウヨ(虚言)の皇帝】Twitterフォロワー数14万以上、黒瀬深(くろせふか)氏・25歳の正体→集合住宅住み両親同居のこどおじ、桃山学院大卒(偏差値42.5)のFランエリートだった★4 [ネトウヨ★]
ttps://asahi.5ch.net/test/read.cgi/newsplus/1636705638/

180安倍晋三殺す:2023/05/18(木) 08:39:30
気をつけて!

もし近所にいるかもしれない
薬物常習&薬物売買者で人殺しの

【 生♪
     野♪
        高♪
           江♪ 】

は現在も統一教会信者で今回のAbe襲撃事件以上の事件を計画中
サミット気を付けて!生野高江が計画中!

181定永紘幸殺す:2023/05/19(金) 12:04:20
2009年09月04日(金)
【筋肉マンコの宅急便】
今日も若いリーマンの会社帰りのお相手。ゲイは結婚しないからお金持ちが多いよね。全裸になって背の高いかっこいい奴に抱きしめられる。マッチョが大好物らしい。すげーすげーと連呼しながら拓也の胸の突起を摘みまくり、背中と腰を愛撫しまくる。オレも感じやすいという乳首をレロレロと舐めまくり、お互いに欲情の波が高まっていく。すげーデカイ!マジかよ?ってくらいデカイ!こんな凶器がオレを貫くのかよ?ベッドに押し倒され、なおも乳首責めが続く。拓也の手が万歳の形でリーマンの乳首をつまみながら巨根が喉に突き刺さる。あまりの大きさにむせ返り、涙を流して全身に鳥肌が走る。そのまま下の口に巨大なモノがあてがわれ、一気に突き刺さって叫び声をあげて激痛に耐える拓也。「すげー、俺のものを咥え込んでるよ!」かっこいいリーマンは嬉しそうなそして勝ち誇ったような笑みを浮かべながらピストンを始める。拓也の全身の筋肉が浮き上がり、筋肉マンコとしての果てしない快感の仕事が始まる。アナルに巨大な肉棒を収めながら、決して腹筋を緩めず、ケツを高く上げて筋肉マンコを捧げる。どんなに快感の波が訪れて筋肉が痙攣を起こしても両手の乳首責めは怠らない。ただひとつ自由になる首を仰け反らせて左右に激しく振りながら打ち寄せる快感に絶叫し続ける。どれだけ時間がたったかわからない・・・「あぁ、いい!」という声が何度も遠くから聞こえ、「イク、イク!」という雄叫びとともに巨大なモノの根元が何度もビクビクと膨張して、その膨張が奥へ奥へとせり上がり、拓也の筋肉マンコの天井に濃い液体が何度もぶち当たるのを感じる。拓也にもオーガズムが訪れて全身が震えて鳥肌が立つ。何度も何度もマンコをきゅうきゅう締め付けて、最後の一滴まで注入される。性処理奴隷としての仕事を立派に終えてぐったりした拓也がかっこいい兄貴に甘えて腕枕をしてもらいながら、オーガズムの覚めやらぬエロ舌使いで兄貴の乳首をナメナメすると、また勃起!って今出したばっかりじゃん!拓也の種マンもすげーことになっているからそのまま兄貴にまたがる。滴る汁を勃起チンポに塗り込めて再び挿入されるともう感じて感じてヤバイくらい。タネのローションをあわ立てながら腰を振って上半身を仰け反らせてくねらせて、拓也の超エロエロの筋肉ボディを見て筋肉フェチのリーマンがまた「すげーすげー」を連発。拓也は気持ちよすぎて野獣の声しか発することができない。でも両手は無意識にもしっかり乳首を刺激してやっている。筋肉マンコ奴隷だからね。臀筋からしっかりと締め付け上げるマンコに2発目が仕込まれた。シャワーを浴びるとアナルがヒリヒリしてもう今日は使えそうもない。マジでかかったぜ!スーツの似合う長身リーマンってタイプだし。「気持ちよかったよ!」「ウッス!またよろしくお願いします!」ってさっぱり別れてジムへ。いつものように全裸に近いジムウェアでタネマンから全身を駆け巡る淫獣の滾りをウェイトにぶつけて汗を噴出させながら筋肉をパンパンにパンプさせてから、タンニングマシンで焼き込む。タンニングオイルでヌメヌメした筋肉ガタイの欲情が収まらない。耳元のケータイに次の仕事の着信が入る。「ジムや日焼け、またはセックスでオイルと汗まみれのガタイで来てほしい。下着は競パン希望!」「了解です!すぐに行きます!」「タチが二人だから宜しく!」「ウッス!」今夜も朝までドロドロになってとことん鍛えられるな!

02:41

182定永紘幸殺す:2023/05/19(金) 12:25:00
伊藤隆星対抗・伊藤隆星スレッド強制停止は法律事務所Steadinessにおまかせください。

法律事務所Steadinessは、出龍の出産のために 高品質な伊藤隆星掃討を展開しています。
家をコンコンこそ、 法律事務所Steadinessの喜びです。
丹念な乱交と瞬速なオナニーで満足度の高い新時代のセックスソリューションをお届けします。

ttps://anonfiles.com/mf68l9sezf/a1fd262de8ecd302d0f5913b8e0a54d1c44d5146_jpg

183安倍晋三殺す:2023/06/12(月) 11:20:56
     ,,r-─- 、r-─- 、
    /________\
   / � (株)efora 命 )
  .} ̄ ̄ ̄ 人 _____ ノ
  {    ノ  =≡=-、 ,r=≡= i
  |  /  ソ::ー=・-ヽ‐( r:=・-:)
  |{ヽ    ゞ;;;;;;;;;;ノ' ヽ ;;;;;;;:,'
  ヽ ノヽ        ,r .l.^   ;i
   ゙i       / ' ^ii^` ヽ |
    |  ヽ      ー=三=-  ノ
     ヽ     ____ ノ


ttps://archive.md/Oq79G

184高橋嘉之(児童ポルノ販売中):2023/08/03(木) 10:25:19
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!

185高橋嘉之(児童ポルノ販売中):2023/08/03(木) 10:26:18
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!

186高橋嘉之(児童ポルノ販売中):2023/08/03(木) 10:28:00
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!
チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!チンコ!!

187156.210.49.163.rev.vmobile.jp:2023/11/14(火) 10:39:36
盛られた…  投稿者:ゴム夫  投稿日:2009/09/04(金) 15:39:26

つい先日の話し何だけど、掲示板でセーフでヤレるタチの募集をしてたら、
割とタイプのプロフのタチから、メールが着たので会う事に。
相手のプロフは175*70*39のガッチリ筋肉質らしい。
因みに俺は170*60*27の水泳体型。兄貴のホテルの部屋で会う事に。
だが、奴の泊まっているホテルの部屋へ行くと、どう見ても50代のハゲたオヤジが…
体は鍛えてるのかガッチリ筋肉質だ。
体はまぁ良いし、溜まってたから、取りあえずヤってすぐ帰ろうかと思った。

お互い裸になって、オヤジの物を拝見。…デカい!!
オヤジの竿はギンギンに血管が浮き出る位にガチガチだ。
先からは我慢汁が糸引きながら竿から玉袋に向かって、滴り落ちている。
俺が見てると、オヤジが俺のケツをオイルを絡ませた指でほぐし始めた…
しばらくしたら何だかケツがジンワリ熱くなってきて、意識がグニャリとした感じに…盛られた…。
俺の様子を見て、オヤジは自分の竿にローションを塗り付け、ナマで入れようとした。
ゴム派の俺、普段なら抵抗できるが、意識がグニャリと定まらない!
それでも、股を閉じて必死の抵抗してると、オヤジは小瓶を染み込ませたテッシュを俺の口に…。
意識がハッキリしてきた頃、俺の穴からはドロリとしたクッセーオヤジのタネ汁が、
穴から太ももを伝って垂れてきた。

俺はシャワーも浴びずに、急いで服を着て部屋を出た。

オヤジは知らない…俺は移さないためにゴム派だと。

188盛られた…  投稿者:ゴム夫  投稿日:2009/09/04(金) 15:39:26:2023/11/14(火) 10:40:16
つい先日の話し何だけど、掲示板でセーフでヤレるタチの募集をしてたら、
割とタイプのプロフのタチから、メールが着たので会う事に。
相手のプロフは175*70*39のガッチリ筋肉質らしい。
因みに俺は170*60*27の水泳体型。兄貴のホテルの部屋で会う事に。
だが、奴の泊まっているホテルの部屋へ行くと、どう見ても50代のハゲたオヤジが…
体は鍛えてるのかガッチリ筋肉質だ。
体はまぁ良いし、溜まってたから、取りあえずヤってすぐ帰ろうかと思った。

お互い裸になって、オヤジの物を拝見。…デカい!!
オヤジの竿はギンギンに血管が浮き出る位にガチガチだ。
先からは我慢汁が糸引きながら竿から玉袋に向かって、滴り落ちている。
俺が見てると、オヤジが俺のケツをオイルを絡ませた指でほぐし始めた…
しばらくしたら何だかケツがジンワリ熱くなってきて、意識がグニャリとした感じに…盛られた…。
俺の様子を見て、オヤジは自分の竿にローションを塗り付け、ナマで入れようとした。
ゴム派の俺、普段なら抵抗できるが、意識がグニャリと定まらない!
それでも、股を閉じて必死の抵抗してると、オヤジは小瓶を染み込ませたテッシュを俺の口に…。
意識がハッキリしてきた頃、俺の穴からはドロリとしたクッセーオヤジのタネ汁が、
穴から太ももを伝って垂れてきた。

俺はシャワーも浴びずに、急いで服を着て部屋を出た。

オヤジは知らない…俺は移さないためにゴム派だと。

189156.210.49.163.rev.vmobile.jp:2023/11/14(火) 10:41:19
盛られた…  投稿者:ゴム夫  投稿日:2009/09/04(金) 15:39:26

つい先日の話し何だけど、掲示板でセーフでヤレるタチの募集をしてたら、
割とタイプのプロフのタチから、メールが着たので会う事に。
相手のプロフは175*70*39のガッチリ筋肉質らしい。
因みに俺は170*60*27の水泳体型。兄貴のホテルの部屋で会う事に。
だが、奴の泊まっているホテルの部屋へ行くと、どう見ても50代のハゲたオヤジが…
体は鍛えてるのかガッチリ筋肉質だ。
体はまぁ良いし、溜まってたから、取りあえずヤってすぐ帰ろうかと思った。

お互い裸になって、オヤジの物を拝見。…デカい!!
オヤジの竿はギンギンに血管が浮き出る位にガチガチだ。
先からは我慢汁が糸引きながら竿から玉袋に向かって、滴り落ちている。
俺が見てると、オヤジが俺のケツをオイルを絡ませた指でほぐし始めた…
しばらくしたら何だかケツがジンワリ熱くなってきて、意識がグニャリとした感じに…盛られた…。
俺の様子を見て、オヤジは自分の竿にローションを塗り付け、ナマで入れようとした。
ゴム派の俺、普段なら抵抗できるが、意識がグニャリと定まらない!
それでも、股を閉じて必死の抵抗してると、オヤジは小瓶を染み込ませたテッシュを俺の口に…。
意識がハッキリしてきた頃、俺の穴からはドロリとしたクッセーオヤジのタネ汁が、
穴から太ももを伝って垂れてきた。

俺はシャワーも浴びずに、急いで服を着て部屋を出た。

オヤジは知らない…俺は移さないためにゴム派だと。

190ドナルドII世:2023/12/26(火) 11:05:26
ttps://archive.md/tC9Wo

191F9 ◆I6ZTcLIiGI:2024/01/24(水) 11:27:44
      /::⌒∴:⌒:。: ヽ  o  o
     / 'めx∴。∵゚ィゆヽ  うーうーうー
     / ´o゚ ,: o゚ ∴゚∴゚ヽ   o   o
    (∵゚。゚人,,__,,人:.∴:.: )  。 。
  / ゚|゙`ヽ::∵:゚ :_ij..__ 、:∴:|。:| 。
 (,.人、:..)∴`Ⅶエlフ' |o:。:|: :|    o  o
  \∴:\∴‥。 ゚oし,,ノo:| 。 。 o
   !\.:゚::\:∵::@:゚∴∴::/ o
   ヽ::::\'::。\:‰::∴∴:/ 、
     ヽ(;;;人;;;;) ∴。/ヽ.ヽ、
      |:∴::| ̄|∴゚ |   ヽ.ヽ、
     (___|(___|


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