Disclosure Policy

Basic Policy

We strive to earn the trust of all stakeholders, including our customers, business partners, employees, local communities, shareholders, and investors, by committing to fair and transparent management while ensuring timely, appropriate, and fair disclosure of corporate information.

Information Disclosure Standards

We disclose corporate information in strict accordance with the Financial Instruments and Exchange Act, the Companies Act, and the timely disclosure rules established by the Tokyo Stock Exchange. Furthermore, even when information is not explicitly mandated by these laws or regulations, we actively disclose information that we believe is useful in helping people gain a deeper understanding of our company.

1. Statutory disclosure

1. Disclosure under the Financial Instruments and Exchange Act
   • Annual securities reports, quarterly reports, internal control reports, extraordinary reports, etc.
2. Disclosure under the Companies Act
   • Business reports, financial statements, consolidated financial statements, etc.

2. Disclosures required by the Tokyo Stock Exchange

1. Timely disclosures (decisions, material events, financial results, etc.), earnings summaries, quarterly earnings summaries
2. Corporate governance report

3. Other disclosure information

1. IR-related disclosure materials (earnings presentation materials, etc.)
2. Shareholder communications, etc.
3. News releases, materials posted on our website, and other voluntary disclosure materials

Methods of Information Disclosure

1. Statutory disclosures

   • Information required to be disclosed by law under the Financial Instruments and Exchange Act is disclosed via EDINET (the Electronic Disclosure for Investors' NETwork operated by the Financial Services Agency) and promptly posted on our corporate website.

2. Timely disclosures

   • Information subject to the Timely Disclosure Rules of the Tokyo Stock Exchange is disclosed through TDnet (Timely Disclosure Network), operated by the Exchange, and promptly posted on our corporate website.

3. Important information subject to the Fair Disclosure Rule

   • We strictly manage undisclosed material information regarding our management, operations, or assets that could significantly influence investment decisions. In the event that such information is selectively disclosed to certain business counterparties prior to public release, we will disclose it in accordance with the Fair Disclosure Rule (Article 27-36 of the Financial Instruments and Exchange Act and the Cabinet Office Order on Disclosure of Material Information).

Furthermore, even for information that does not fall under categories 1, 2, or 3 above, we strive to ensure timely, appropriate, and fair disclosure through earnings briefings, press releases, and the posting of materials on our corporate website.

Quiet Period

To prevent the leakage of financial results, we observe a quiet period from the day following the end of each fiscal period (including quarterly periods) until the official earnings announcement. During this period, we refrain from commenting on or answering any questions regarding our financial results. However, if it is expected that our financial results will differ significantly from our previously disclosed earnings forecasts, we will make timely disclosures in accordance with the Timely Disclosure Rules.

Designated IR Spokespersons

To ensure the accuracy of information and fairness of disclosure, we designate the President and Representative Director as well as officers and staff responsible for IR to act as designated spokespersons in communications with investors. To maintain disclosure consistency and avoid selective disclosure, other officers and employees will not, in principle, engage in investor communications, unless such communications are approved by a spokesperson on a case-by-case basis and are limited to the scope of that approval.

Forward-Looking Statements

Among the information disclosed by us, statements regarding future results, plans, and outlooks are based on information available at the time of disclosure and certain assumptions that we believe to be reasonable. We disclose such forward-looking information with appropriate cautionary statements, recognizing that actual results may differ materially due to various factors.