IR Disclosure Policy

Basic Policy on Information Disclosure

We will disclose information, especially information about our management strategies and financial condition, in an accurate and timely manner to ensure fairness, transparency and continuity and thereby build long-term relations of trust with our shareholders and investors, and to receive appropriate evaluation.

Disclosure Standards

We disclose information in accordance with applicable laws and regulations, including the Financial Instruments and Exchange Act, and the Timely Disclosure Rules of the Tokyo Stock Exchange, and other rules. We will disclose to the best extent possible information that is considered useful for shareholders and investors in making investment decisions, including information that is not prescribed in the Timely Disclosure Rules and other rules, in a proactive and fair manner.

Subjects of Disclosure

Information targeted for disclosure is as follows:

  • Disclosure in accordance with the Financial Instruments and Exchange Act
    Annual securities reports, quarterly securities reports, internal control concerning financial reports, extraordinary reports, etc.
  • Disclosure in accordance with the Timely Disclosure Rules of the Tokyo Stock Exchange
    Corporate decisions or events requiring timely disclosure, information on financial results, corporate governance reports, etc.
  • Disclosure in accordance with the Companies Act
    Business reports, financial statements, consolidated financial statements, etc.
  • Other disclosure
    Highlights of business results, presentation materials, news releases and other voluntary disclosure materials, etc.

Method of Disclosure

We disclose information that is to be disclosed under the Timely Disclosure Rules through TDnet, a system for timely disclosure provided by the Tokyo Stock Exchange. We announce disclosure documents, including annual securities reports, through EDINET (Electronic Disclosure for Investors' NETwork) of the Financial Services Agency. Information disclosed through TDnet and other means is posted on our website immediately. We will also disclose through our website or the media information not prescribed in the Timely Disclosure Rules and other rules which we consider useful for shareholders and investors in making investment decisions.

Others

  • Quiet Period
    We designate the period from the day following the quarterly closing date to the earnings announcement for the quarter a quiet period in our IR activities. During this quiet period, we do not answer inquiries concerning our results to prevent leakage of information on financial results amidst the preparation period for the earnings announcement and to ensure the fairness of disclosure. However, in the event we expect important matters to occur, such as significant change in earnings forecast or revisions to dividend forecasts, for which we should make timely disclosure during the quiet period, we will disclose such under the Timely Disclosure Rules.
  • Handling of Yet-to-be-Announced Information
    We carry out thorough information management in accordance with in-house rules on parties related to information that falls under the target of disclosure but is yet-to-be-announced in order not to disclose information selectively to only a portion of market participants.