Disclosure policy

The Company discloses information in accordance with the Companies Act, the Financial Instruments and Exchange Act, and other relevant laws and regulations, as well as the Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities (the “Timely Disclosure Rules”) stipulated by the Tokyo Stock Exchange.

The Company will promptly disclose information pertaining to any decisions, events, and financial results that could have material impact on investment decisions in accordance with the Timely Disclosure Rules. The Company will also proactively disclose information it deems important or useful for shareholders and investors in understanding the Company better, even if such information is not subject to the Timely Disclosure Rules. We do not disclose personal information, customer information, or information that could infringe on the rights of related parties.

Information subject to the Timely Disclosure Rules will first be disclosed on the Tokyo Stock Exchange’s TDnet (Timely Disclosure network), after which the information will be promptly posted on the Company’s website. Information deemed important or beneficial will be broadly disclosed in places including our website, even if that information is not subject to the Timely Disclosure Rules.

In order to educate and inform directors and employees about the prevention of insider trading, the Company has established and implemented a set of rules to prevent insider training trading and regularly holds training sessions for directors and employees to ensure they abide by the rules.

Of information we disclose, including earnings forecasts, strategies, policies, and goals, information that is not a historical fact is a forward-looking statement. Forward-looking statements include plans, expectations, and judgements made based on available information and certain assumptions deemed reasonable at the time of disclosure. Actual earnings results, etc. may differ significantly from the forecast due to various risks and uncertainties.

The Company observes silent periods, which run from the day following the closing of a quarter to the day the quarter’s financial results are released, to ensure fairness for shareholders and investors. During silent periods, we refrain from answering questions or commenting on financial results and forecasts. However, in case of an event that causes us to anticipate results to significantly deviate from the forecast, we will promptly make a disclosure in accordance with the Timely Disclosure Rules.

The Company has established and maintains an organization to appropriately implement its disclosure policy and disclose information in a timely and appropriate manner in accordance with the Timely Disclosure Rules.