Since the Intelligence Co., Ltd. Case, stock price calculation based on regression analysis has been increasingly used to calculate stock purchase prices in matters involving the amount of compensation for damages incurred through false disclosure and the exercise of stock purchase rights. NERA continues to provide evaluation reports and written appraisal opinion on related lawsuits and cases. In the seminar, the co-authors of a paper discussing stock price calculation methods that was recently published in the magazine Shoji Homu (June 25 edition (No.2071)), entitled "Specific Methodologies For Regression Analysis (Market Model) Used In Determining Stock Acquisition Prices - Based On The Rex Case” made reference to their paper and used academic research and practical application in Japan and the U.S. to explain the basic concept of calculating stock prices using regression analysis, as well as the matters to take into consideration when examining analysis/calculation outcomes.