Disclosure policy

We will promptly disclose information based on transparency, fairness, and continuity in accordance with the Financial Instruments and Exchange Law and other laws and regulations as well as the stipulations in the “Securities Listing Regulations ” of the Tokyo Stock Exchange, Inc.
(hereinafter referred to as the “Timely Disclosure Rules”). We will also actively and fairly disclose information that we believe is important or beneficial to our shareholders and investors in order to gain their understanding of us, even if we do not comply with laws, regulations or Timely Disclosure Rules.
We will not disclose any information that infringes the rights of personal information, customer information, or related parties.

The disclosure of information set forth in the Timely Disclosure Rules shall be made through the timely disclosure information transmission system (TDnet) provided by the Tokyo Stock Exchange, Inc. in accordance with the Rules. After disclosure by the said system, the information shall be posted on our website as soon as possible. Information that does not fall under the Timely Disclosure Rules is also widely disclosed by posting information on our website that is deemed to be important or useful.

In order to prevent insider trading, we will establish internal policies and will promote the dissemination and understanding of executives and employees.

Performance forecasts, future prospects, strategies and targets that we disclose, other than statements of historical or current facts, are based on information currently available to us and plans, expectations, and judgments based on certain assumptions deemed to be reasonable. Accordingly, actual results may differ from the performance forecasts disclosed due to various uncertain factors such as economic conditions.

From the viewpoint of preventing the leakage of financial results (including quarterly financial results) and ensuring the fairness of information disclosure, we have stipulated the Blackout Period from the day following the end of the financial closing period (quarterly financial closing period) to the day of each financial results announcement. During this period, we will refrain from answering questions or commenting on the financial results and performance forecasts. However, in the event that it is anticipated that the performance forecasts will fluctuate significantly during the period, we will announce them as appropriate in accordance with the Timely Disclosure Rules.

In accordance with this Disclosure Policy, we are striving to improve and enhance our internal controls to ensure appropriate disclosure of information in accordance with laws and regulations as well as Timely Disclosure Regulations.