Management Policy

Information Disclosure Policy

1. Basic Course of Information Disclosure

The Group promotes fair, impartial, reliable, and highly transparent business activities, and strives to actively release the contents of its business activities to all of its stakeholders.

Moreover, along with disclosing information in a timely and appropriate manner in accordance with the rules on timely disclosure mandated by the Tokyo Stock Exchange, as well as with Companies Act, the Financial Instruments and Exchange Law, and all other related laws and ordinances, the Group actively, speedily and equally, unveils all important information which it believes might influence the investment decisions of shareholders and investors.

2. Method of Information Disclosure

Along with being published on the Tokyo Stock Exchange's TDnet, as mandated by the rules on timely disclosure, all important information falling within the scope of these rules is also published on this website as quickly as possible. In addition, any information which does not fall within the scope of the rules on timely disclosure but which might still be useful for shareholders and investors to deepen their understanding of the Group is speedily disclosed via appropriate methods, such as publication on this website or dissemination via relevant press releases.

3. About the Periods of Silence (Blackouts)

In order to prevent the leaking of information which might influence stock price during the preparatory period for the announcement of earnings, the Group will not answer any questions or make any comments regarding its earnings during a fixed period before their unveiling, known as "Blackout". However, in case the earnings outlook established during this period of silence differs greatly from previously disclosed estimates, this information will be published in accordance with the rules on timely disclosure.

4. Other

Please consult the information retrieval of the Group on this website, not simply on the basis of the basic course of information disclosure, but in conjunction with separately published disclaimers.

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