0.1 Asset turnover (times) 0.4 0.6 (Enclosure 4) 16 3.4 Risk factors which may affect profit of the Company 3.4.1 Risk due to economic slowdown In 2017, due to global economic uncertainty, volatility of
impacts of layoffs, reduced income and reduced confidence due to increased uncertainty about the future. As a result, private consumption is expected to contract, although government measures could help
represent; d) generally be neutral and report activity in a fair and unbiased way except where there is uncertainty. Prudence should prevail such that assets and income are not overstated and liabilities and
Private Fund Management , of which policy is investment in domestic products; (b) providing services of trading a government bond or a bond of which principal and interest are guaranteed by the Ministry of
guaranteed for principal and interest by the Ministry of Finance and redeemed by holders with specific or minimum price determined as of the issuing date does not provide personnel approved by the SEC Office
Board concerning Rules on Personnel in the Capital Market Business. Clause 24 In cases where an intermediary being a distribution channel of any government bond or bond guaranteed for principal and
persons appointed to provide trading services of government bonds or bonds whose principal and interest are guaranteed by the Ministry of Finance and subject to the regulation whereby the holders of such
guaranteed by the Ministry of Finance and subject to the regulation whereby the holders of such bonds are entitled to redemption under a firm quotation price or at a minimum price pre-determined on the issue
the case where the corporate bond is fully guaranteed and the guarantor is obliged to liabilities jointly with the debtor without revocability before the maturity date. The provisions under Paragraph 1