Disclosure Policy

1.Information disclosure standards

The Company discloses information in accordance with the Financial Instruments and Exchange Act and various other laws and regulations, as well as the rules on timely disclosure stipulated by the Tokyo Stock Exchange (the “Timely Disclosure Rules”). Meanwhile, when it comes to information that is not subject to any of the various laws and regulations or the Timely Disclosure Rules, we place consideration on impartiality and timeliness in disclosing information deemed as having a material effect on investment decisions and information deemed useful in providing an extensive understanding of the Company.

2.Information disclosure methods

We post information subject to disclosure pursuant to the various laws and regulations and the Timely Disclosure Rules to the Company’s website after having disclosed it via the Timely Disclosure network (TDnet) system for disseminating information subject to timely disclosure and the Electronic Disclosure for Investors’ NETwork (EDINET) system for electronic disclosure of securities reports and other such disclosure documents pursuant to the Financial Instruments and Exchange Act.
Meanwhile, when it comes to information other than the aforementioned, we similarly endeavor to convey such information as impartially and extensively as possible through means that include posting it to the Company’s website.

3.Forward-looking statements

The Group’s plans, estimates, projections, forecasts, and other forward-looking information subject to the Company’s disclosure have been prepared on the basis of the Company’s assessments and assumptions current as of the time of such disclosure. Accordingly, such information constitutes neither promise nor guarantee in regard to achieving future quantitative targets and carrying out initiatives. Meanwhile, the forward-looking statements may vary substantially in relation to actual earnings results and other outcomes due to various factors.

4.Quiet period

The Company establishes a quiet period starting from the final date of each quarterly accounting period and extending until release of such earnings results with the aims of preventing inadvertent disclosure of its earnings information and ensuring its impartiality. During the quiet period, the Company refrains from making comments or responding to inquiries regarding its financial performance unless it relates to information that has already been announced.
Even during the quiet period, however, the Company continues to disclose information subject to the various laws and regulations and the Timely Disclosure Rules, appropriately and in a timely manner.