Disclosure Policy

• Disclosing information proactively and effectively to carry out accountability and build trusting relationships with stakeholders
• Ensuring timeliness and fairness in information disclosure to help set the share price at a proper level that accurately reflects our corporate value and to establish a strong public reputation
• Communicating with stakeholders to reflect their opinions and ideas in order to improve our corporate value

Statutory disclosure is implemented accordingly with the Companies Act, and Financial Instruments and Exchange Act. Regarding disclosure under the Securities Listing Regulations of the Tokyo Stock Exchange, Inc. (TSE), in accordance with the same regulations, the information shall be first presented to TSE followed by registering through the Tdnet, which is a timely information disclosure system provided by the TSE. The same information (disclosure document), then, shall be released to the media. Regarding the information offered on this website, the website is expected to be updated as soon as the disclosure document is published on the Company Announcement Disclosure Service of the TSE website in accordance with the rules for disclosure measures described in the Order for Enforcement of the Financial Instruments and Exchange Act.

However, in the event the information is disclosed directly to at least two news media bodies without using TDnet or the disclosure document is not published on the TSE website due to technical issues, the information will be published on this website the day after the disclosure date. Publication of this information may be delayed due to preparation of PDF files and other tools.

Information for investors published on this website is intended to offer our financial and business information, and does not provide a statement nor guarantee its content.

Forecast statements published on this website represent our projections based on current information and contain potential risks and uncertainty. Various factors may cause substantially different results from the projections. We have no liability for loss or damage resulting from the use of information on this website. We are not obliged to revise and re-disclose any future projection published on this website based on new information or future events.

Though we pay close attention at the time of publishing information on this website, please note that in no event will we be liable for loss or damage arising from errors involved in the information published thereon, data tampered by a third party, data downloading, etc..

Publication of information on this website is not intended to encourage investment. Please make investment decisions at your own risk.

We define the month-long period prior to announcement of financial results as a quiet period during which we provide no response to inquiries relating to financial results. If a major deviation between actual results and projections is expected during the quiet period we will disclose information by means of a press release as needed.