Disclosure Policy

1.Basic Policy

The company discloses information in accordance with the rules on the timely disclosure of corporate information stipulated in the "Securities Listing Regulations" of the Tokyo Stock Exchange (hereafter "Timely Disclosure Rules") as well as the Companies Act, Financial Instruments and Exchange Act, and all other applicable laws and regulations. The company also strives to disclose information in a timely and highly transparent manner even in cases where disclosure is not required by applicable laws and regulations, but where important information may potentially have an impact on investment decisions.

2.Information Disclosure Method

Disclosure of information subject to the Timely Disclosure Rules shall be carried out in accordance with said rules via the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange. Disclosed information shall also be promptly posted on the company website.
Disclosure information not subjected to the Timely Disclosure Rules is also given close attention so that it is disclosed accurately and fairly to general investors with appropriate methods.

3.Future Prospects

Earnings forecasts and other information related to future prospects provided in materials disclosed by the company are based on the information available at the time of disclosure and certain assumptions deemed reasonable. However, a variety of different factors may result in actual performance differing greatly from prospects and predictions.

4.Quiet Period

In order to maintain fairness for shareholders and investors, the company designates a “quiet period” commencing from the day following the last day of each quarter and ending on the date of announcement of the financial statement for the relevant accounting period. No comments or responses shall be made to inquiries related to account settlements during the period in principle. However, if a large discrepancy from the earnings forecast is found during the quiet period, information will be disclosed in an appropriate and timely manner in accordance with the Timely Disclosure Rules.


When searching for information related to the company on this website, please take into account of all other posted Site Policies in addition to this Disclosure Policy.

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