Disclosure Policy

 

1. Basic Approach

To provide timely and appropriate corporate information to stakeholders, including shareholders and investors, the Company will disclose information in a timely and appropriate manner in accordance with the Financial Instruments and Exchange Act, other relevant laws and regulations, and the timely disclosure rules of the Tokyo Stock Exchange. The Company will also proactively and fairly disclose other information that it considers may affect the investment decisions of shareholders and investors.

 

2. Disclosure Standards

The Company will disclose information in a timely, appropriate and fair manner in accordance with the Financial Instruments and Exchange Act, the Companies Act, other applicable laws and regulations, and the provisions on timely disclosure of corporate information set forth in the Securities Listing Regulations of the Tokyo Stock Exchange (the “Timely Disclosure Rules”).
The Company will also strive to proactively disclose information that is not subject to applicable laws and regulations or the Timely Disclosure Rules if it may affect the investment decisions of shareholders and investors or is considered useful in deepening their understanding of the Group.
 

3. Disclosure Methods

Information subject to disclosure under the Financial Instruments and Exchange Act will be disclosed through EDINET, operated by the Financial Services Agency. Information subject to the Timely Disclosure Rules will be disclosed through TDnet, the timely disclosure network operated by the Tokyo Stock Exchange. Such information will also be promptly posted on the Company’s website. Other information will also be disclosed fairly and impartially through the Company’s website and other means.

 

4. Handling of Insider Information

The Company has established internal regulations on insider trading management and strives to ensure the appropriate management of material facts and prevent insider trading. The Company also restricts dialogue with investors during the quiet period preceding the announcement of financial results.

 

5. Quiet Period

To prevent the leakage of financial information (including quarterly results) and ensure fairness, the Company designates a quiet period from the day following the end of each financial reporting period until the announcement of the corresponding financial results. During this period, the Company refrains from answering questions or providing comments on financial results and earnings outlooks. However, if a significant difference between earnings forecasts and actual results is expected during the quiet period, the Company will promptly disclose this information in accordance with the Timely Disclosure Rules.