Disclosure Policy

Our basic stance is to disclose information to our stakeholders in a timely, appropriate, and fair manner in accordance with laws and regulations, and to proactively provide information other than that required by laws and regulations.
We engage in proactive and constructive dialogue with everyone, collect opinions and concerns obtained through such dialogue, report them to the Board of Directors as necessary, provide feedback to management and the Board of Directors, and disseminate and share information.
Through these efforts, we aim to enhance our corporate value by promoting highly transparent corporate activities and striving to build relationships of trust with our stakeholders.

We disclose information in accordance with the Financial Instruments and Exchange Law and other laws and regulations (hereafter "laws and regulations") and the Timely Disclosure Rules ("Timely Disclosure Rules") established by the Tokyo Stock Exchange.
We also proactively disclose information that is not required by laws and regulations and the Timely Disclosure Rules to the extent possible, if we believe such information is useful for understanding our company.

The Company discloses information subject to the Timely Disclosure Rules through the "Timely Disclosure Network" (TDnet) provided by the Tokyo Stock Exchange in accordance with the Rules.
Information including disclosure documents such as securities reports and quarterly reports that fall under various laws and regulations are disclosed through the "Electronic Disclosure for Investors' NETwork (EDINET)," an electronic disclosure system operated by the Financial Services Agency.
Information that does not fall under the scope of regulations, etc. but is considered important for investment decisions, is promptly disclosed on our website and through media outlets.

In accordance with the Financial Instruments and Exchange Law, we disclose information in compliance with the Fair Disclosure Rules.
In the event that any of the Company's officers or related divisions disclose unpublished important information to business partners, the Company will promptly disclose such information on the Company's website upon consulting with the relevant divisions.

Based on our internal regulations (Insider Trading Prevention Regulations and Confidential Information Management Regulations), we are committed to the thorough management of insider information.
Furthermore, to ensure thorough operation, we also focus efforts on educating directors and employees.

From the viewpoint of preventing financial information leaks and ensuring fairness, we will observe a silent period from the day following the settlement date to the day of announcement of financial results. During this period, we will refrain from answering questions or making comments regarding the financial results.
However, if during the silent period a significant change from the earnings forecast is expected, we will make an announcement in accordance with the Timely Disclosure Rules.
Even during the silent period, we will respond to questions regarding information that has already been made public.

Information disclosed by the Company, other than historical facts, are forward-looking statements that are based on the Company's judgment and plans at the time of disclosure.
These forward-looking statements are not guarantees of performance, and they do involve risks, uncertainties, and other factors that may cause actual results and performance to differ from those projected.

In principle, we follow the timely disclosure system.