Disclosure Policy

Information Disclosure Standards

In accordance with the Financial Instruments and Exchange Act and other laws and regulations, as well as the "Timely Disclosure of Corporate Information" rules of the Securities Listing Regulations of the Tokyo Stock Exchange (hereinafter referred to as the "Timely Disclosure Rules"), we will promptly disclose information based on transparency, fairness, and continuity. Even if the information does not fall under the laws and regulations or the Timely Disclosure Rules, we will proactively and fairly disclose information that we consider to be important or useful for shareholders and investors to understand our company.
Furthermore, we will not disclose personal information, customer information, or information that would infringe on the rights of related parties.

Method of Disclosure

Disclosure of information stipulated by the Timely Disclosure Rules will be made through the Timely Disclosure Information Transmission System (TDnet) provided by the Tokyo Stock Exchange in accordance with the Rules, and after disclosure through the system, it will also be posted on our website promptly. Information that does not fall under the Timely Disclosure Rules will also be widely disclosed by posting it on our website if we deem it to be important or useful.

Preventing insider trading

To prevent insider trading, we have established information management regulations and regulations on insider trading and related activities. In addition, we hold study sessions on insider trading regulations for executives and employees every year and distribute explanatory manuals to ensure that everyone is fully aware of and understands the purpose of the regulations, and we issue internal notices to alert employees to insider trading as appropriate.

Handling of business forecasts and future information

The performance forecasts, future outlook, strategies, goals, etc. disclosed by the Company, other than those related to past or present facts, are statements about future outlooks, and are based on plans, expectations, and judgments using information currently available to the Company and certain assumptions that are deemed reasonable. Therefore, actual performance may differ from the disclosed performance forecasts due to fluctuations in economic and other conditions.

Quiet Period

In order to prevent the leaking of financial information (including quarterly financial information) and to ensure the fairness of information disclosure, the Company has designated the period from the day after the last day of the fiscal year (quarterly financial results) until the announcement date of each set of financial results as a quiet period. During this period, the Company will refrain from answering questions or making comments regarding financial results and business outlook. However, if there is a prospect of a significant change in business outlook during this period, the Company will make an appropriate announcement in accordance with the timely disclosure rules.

Regarding the establishment of an internal system

In accordance with this disclosure policy, we are working to improve and enhance our internal systems to ensure appropriate information disclosure in accordance with applicable laws and regulations and timely disclosure rules.