|
|
¡¡¸½ºß¤Î·Ç¼¨ÈĤ¬ÂçÊѻȤ¤¤Ë¤¯¤¤¤â¤Î¤Ë¤Ê¤Ã¤Æ¤¤¤ë¤³¤È¤Ï³§¤µ¤ó¤¬¤´Â¸¤¸¤ÎÄ̤ê¤Ç¤¹¡£¤¤¤í¤¤¤íÍýͳ¤Ï¤¢¤ê¤Þ¤¹¤¬¡¢ºÇÂç¤Î¤â¤Î¤Ï¥¢¥é¥·¤Ç¤¹¡£¤³¤ì¤Ø¤ÎÂнè¤Î¤¿¤á¤Ë¡¢¸½ºßÅê¹Æ¤¬¥ê¥¢¥ë¥¿¥¤¥à¤Ëɽ¼¨¤µ¤ì¤Æ¤¤¤Þ¤»¤ó¡£¤½¤Î¤¿¤á¡¢Åê¹Æ¿ô¤¬¶Ëü¤Ë¸º¤Ã¤Æ¤·¤Þ¤¤¤Þ¤·¤¿¡£Â裲¤Ë¡¢¥ª¡¼¥×¥ó¤Ê·Ç¼¨ÈĤΤ¿¤á¡¢Ã¯¤Ç¤â¼«Í³¤Ë»²²Ã¤Ç¤¤ë¤È¤¤¤¦Ä¹½ê¤Ï¤¢¤ê¤Þ¤¹¤¬¡¢µÕ¤Ë¿ÍÌܤòµ¤¤Ë¤·¤Æȯ¸À¤¬À©Ì󤵤ì¤ë¤È¤¤¤¦Ã»½ê¤â¤¢¤ê¤Þ¤¹¡£Ã¯¤¬¸«¤Æ¤¤¤ë¤«¤ï¤«¤ê¤Þ¤»¤ó¤Î¤Ç¡¢ÅöÁ³¤Ëȯ¸À¤¬¿µ½Å¤Ë¤Ê¤é¤¶¤ë¤òÆÀ¤Þ¤»¤ó¡£
¡¡¤½¤³¤Ç¡¢ÍÎÁ¤Î²ñ°÷À©·Ç¼¨ÈĤòºîÀ®¤·¤è¤¦¤«¤È¹Í¤¨¤Æ¤¤¤Þ¤¹¡£¤³¤³¤Ç¤Ï¡¢¡Åê»ñ¼êË¡¤Ë¤Ä¤¤¤Æ¡¢¢ÃíÌÜÌÃÊÁ¤Ë¤Ä¤¤¤Æ¡¢£ÇäÇã¤Î»þ´ü¤Ë¤Ä¤¤¤Æ¡¢¤¥Á¥ã¡¼¥È¤Î¸«Êý¤Ë¤Ä¤¤¤Æ¡¢¥´ë¶Èºâ̳¤Î¸«Êý¤Ë¤Ä¤¤¤Æ¡¢¦º£¸å¤Î³ô²ÁÆ°¸þͽ¬¤Ê¤É¡¢Åê»ñ¤Ë´Ø¤¹¤ë¤¢¤ê¤È¤¢¤é¤æ¤ë¾ðÊó¸ò´¹¤¬²Äǽ¤Ê·Ç¼¨ÈĤˤ·¤¿¤¤¤È¹Í¤¨¤Æ¤¤¤Þ¤¹¡£¤â¤Á¤í¤ó½é¿´¼Ô¤ÎÊý¤«¤é¡¢¹âÅÙ¤ÊÃ챤ò»ý¤¿¤ì¤Æ¤¤¤ëÊý¤Þ¤Ç¡¢Â¿¤¯¤ÎÅê»ñ²È¤¬»²²Ã¤·¤Æ¤¤¤¿¤À¤±¤ë¤³¤È¤òÁÛÄꤷ¤Æ¤¤¤Þ¤¹¡£¤½¤·¤Æ¡¢¤½¤ì¤¾¤ì¤ÎÊý¤Î¾ðÊó¸ò´¹¤À¤±¤Ç¤Ï¤Ê¤¯¡¢½é¿´¼Ô¤ÎÊý¤Ï¡¢·Ð¸³¤Î¤¢¤ëÊý¤«¤é¿§¡¹¤Ê³ô¤Ë´Ø¤¹¤ë¥¢¥É¥ô¥¡¥¤¥¹¤Ê¤É¤â¼õ¤±¤é¤ì¤ë¤è¤¦¤Ê·Ç¼¨ÈĤòÌܻؤ·¤¿¤¤¤È¹Í¤¨¤Æ¤¤¤Þ¤¹¡£
¡¡¤½¤Î¤¿¤á¤Ë¤Ï¤¢¤ëÄøÅÙ¤ÎÊý¤Î»²²Ã¤¬É¬¿Ü¾ò·ï¤Ë¤Ê¤ê¤Þ¤¹¡£ºÇÄã¤Ç¤â20¡Á30̾¤ÏɬÍפǤ·¤ç¤¦¡£»²²Ã¼Ô¤¬¤¢¤ëÄøÅÙ¸«¹þ¤Þ¤ì¤ì¤Ð¡¢¤³¤Î¤è¤¦¤Ê·Ç¼¨ÈĤòΩ¤Á¾å¤²¤¿¤¤¤È»×¤¤¤Þ¤¹¡£½é¿´¼Ô¤ÎÊý¤â´¿·Þ¤·¤Þ¤¹¤¬¡¢¥Ù¥Æ¥é¥ó¤Ç¡¢°ì²È¸À¤ª»ý¤Á¤ÎÊý¤â»²²Ã¤¤¤¿¤À¤«¤Ê¤¤¤È¡¢·Ç¼¨ÈĤȤ·¤Æ¤ÎÂΤò¤Ê¤·¤Þ¤»¤ó¤Î¤Ç¡¢¤³¤¦¤¤¤¦Êý¤Î»²²Ã¤â¶¯¤¯´õ˾¤·¤Þ¤¹¡£¤½¤Î¤¿¤á¤Ë¡¢¸¶¹ÆÎÁ¤Î»Ùʧ¤¤¤ò¹Í¤¨¤Æ¤¤¤Þ¤¹¡£ÍÎÁ¤Î·Ç¼¨ÈĤǤ¹¤Î¤Ç¡¢¸¶¹ÆÎÁ¤ò»Ùʧ¤¦¤³¤È¤¬²Äǽ¤Ç¤¹¡£È¾Ç¯ÄøÅÙ¤ò£±´ü¤È¹Í¤¨¡¢´üËö¤ËºÇ¤â·Ç¼¨ÈĤ˹׸¥¤·¤¿¿Í¤ò²ñ°÷¤«¤éÁª½Ð¤·¤Æ¤â¤é¤¤¡¢¾å°Ì¿ô̾¤ÎÊý¤Ë¸¶¹ÆÎÁ¤È¤¤¤¦Ì¾ÌܤÇÊó½·¤ò»Ùʧ¤¤¤¿¤¤¤È»×¤¤¤Þ¤¹¡£
¡¡¤Þ¤À¶ñÂÎŪ¤Ê¤³¤È¤òµÍ¤áÀڤäƤ¤¤ë¤ï¤±¤Ç¤Ï¤¢¤ê¤Þ¤»¤ó¤¬¡¢ÂçÂΤ½¤Î¤è¤¦¤Ê·Ç¼¨ÈĤòºîÀ®¤·¤¿¤¤¤È¹Í¤¨¤Æ¤¤¤Þ¤¹¡£¸½ºß¤Î̵ÎÁ·Ç¼¨ÈĤϤ³¤Î¤Þ¤Þ¸³¤µ¤»¤Þ¤¹¤¬¡¢¸½ºß¤Î¤è¤¦¤Ê¾õÂ֤ǤÏËþ¤Τ¤¤¯·Ç¼¨ÈĤˤÏÄø±ó¤¤¤â¤Î¤È¸À¤ï¤¶¤ë¤òÆÀ¤Þ¤»¤ó¡£½ÐÍè¤ë¤À¤±°ÕÌ£¤Î¤¢¤ëÍýÁÛŪ¤Ê·Ç¼¨ÈĤòºîÀ®¤·¤Æ¡¢Åê»ñ¤ò»Ö¤¹¿Í¡¹¤¬¼«Í³ïèã¤Ë°Õ¸«¸ò´¹¤Ç¤¤ì¤Ð¤È¹Í¤¨¤Æ¤¤¤Þ¤¹¡£²ñÈñ¤Ïǯ´Ö£±Ëü±ßÄøÅÙ¤òͽÄꤷ¤Æ¤¤¤Þ¤¹¡£¤â¤·»²²Ã¤ò´õ˾¤µ¤ì¤ëÊý¤¬¤¤¤Þ¤·¤¿¤é¡¢²¼µ°¸¤Ë¡Ö»²²Ã´õ˾¡×¤È½ñ¤¤¤Æ¥á¡¼¥ë¤ò夤¿¤¤¤È»×¤¤¤Þ¤¹¡£Àè¤Û¤É¤â¿½¤·¾å¤²¤¿¤è¤¦¤Ë¡¢°ìÄêÄøÅ٤βñ°÷¿ô¤ÎÌÜÅÓ¤¬Î©¤Æ¤Ð¡¢³«Àߤ·¤¿¤¤¤È»×¤¤¤Þ¤¹¡£
¡¡kabu_ken@nifty.com
¡¡À§ÈóÂçÀª¤ÎÊý¤Î»²²Ã¤ò´üÂÔ¤·¤Æ¤¤¤Þ¤¹¡£
|
|