Disclosure Policy

Basic policy

The company discloses information to shareholders and investors in a timely, appropriate and fair manner.
We will provide opportunities to engage in constructive dialogue with shareholders and investors, and endeavor to reflect the opinions, etc., we receive appropriately in our corporate activities.
Through such information disclosure and dialogue, we will strive to ensure the transparency and fairness of the company and build and foster relationships of trust with shareholders and investors.

Information disclosure standards

The company discloses information in observance of the Financial Instruments and Exchange Act and other laws and regulations (hereinafter referred to as “Laws and Regulations”) as well as the Timely Disclosure Rules established by the stock exchange on which our company shares are listed (hereinafter referred to as the “Timely Disclosure Rules”).
The company’s policy with regards to information thought likely to have an impact on the investment decisions of shareholders, investors, etc., and information thought likely to deepen understanding of the company is to disclose it positively and fairly, even if disclosure is not required under the Laws and Regulations and the Rules for Timely Disclosure.

Promotion system

The person responsible for timely disclosure is the director in charge of the Public Relations Department, which manages it.
When disclosing information, the Public Relations Department cooperates with related departments to determine the content of external disclosures.
The Public Relations Department and each related department work closely together through daily information exchanges and other means for information disclosure and dialogue.

Information disclosure methods

Information that falls under the Timely Disclosure Rules is disclosed through the “Timely Disclosure Network (TDnet)” provided by the Tokyo Stock Exchange, and is also posted promptly on the company’s website.
In addition, our policy is to disclose information that does not fall under the Timely Disclosure Rules as appropriately and fairly as possible through the company’s website, the media and other outlets.

Silent period

To prevent the leakage of financial results information and ensure fairness, the company sets a “silent period” from the day after the closing date of each fiscal year and quarter to the day of announcement of financial results, and refrains from answering questions or commenting on financial results during that time.
However, even during a “silent period,” if it becomes clear that there is a discrepancy in results forecasts that needs to be disclosed under the Timely Disclosure Rules, the company will disclose that information promptly.

Future prospects

The company’s future forecasts are based on the information available to it at the time of disclosure and company judgments made under certain assumptions. Therefore, actual results may differ due to changes in various risks and uncertainties, as well as changes in the economic situation surrounding the company.