- Top
- IR Information
- Disclosure Policy
Management Information
Disclosure Policy
Disclosure Policy
1. Disclosure Standards
The Company will promptly disclose information based on the principles of transparency, fairness, and continuity in accordance with applicable laws and regulations, including the Financial Instruments and Exchange Act, as well as the Tokyo Stock Exchange’s Securities Listing Regulations concerning “Timely Disclosure of Corporate Information” (hereinafter referred to as the “Timely Disclosure Rules”).
Even in cases where disclosure is not required under applicable laws, regulations, or the Timely Disclosure Rules, the Company will proactively and fairly disclose information that it determines to be important or beneficial for shareholders and investors in understanding the Company.
However, the Company will not disclose information that contains personal information, customer information, or information that may infringe upon the rights of related parties.
2. Disclosure Methods
Disclosure of information required under the Timely Disclosure Rules shall be made through the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange in accordance with such rules. After disclosure through TDnet, the information will also be promptly posted on the Company’s website.
Even with respect to information not subject to the Timely Disclosure Rules, the Company will broadly disclose information deemed important or useful by posting it on the Company’s website and through other means.
3. Prevention of Insider Trading
With respect to the prevention of insider trading and related matters, the Company has established an Information Management Policy and regulations concerning restrictions on insider trading and other transactions to prevent such activities. In addition, the Company holds study sessions on insider trading regulations for officers and employees on an annual basis, distributes explanatory booklets, and strives to ensure thorough dissemination and understanding of the intent of such regulations, while also issuing internal notices as appropriate to raise awareness regarding insider trading.
4. Handling of Earnings Forecasts and Forward-Looking Information
Among the earnings forecasts, future outlooks, strategies, targets, and other information disclosed by the Company, statements other than those relating to historical or current facts constitute forward-looking statements. These statements are based on plans, expectations, and judgments founded on information currently available to the Company and certain assumptions deemed reasonable by the Company.
Accordingly, actual results and other outcomes may differ materially from the disclosed earnings forecasts and other forward-looking statements due to various uncertain factors, including changes in economic conditions.
5. Quiet Period
In order to prevent the leakage of financial results information (including quarterly financial results information) and to ensure fairness in information disclosure, the Company designates the period from the day following the end of each fiscal period (including quarterly fiscal periods) until the date of the corresponding financial results announcement as a quiet period.
During this period, the Company refrains from responding to questions or making comments regarding financial results and earnings forecasts.
However, should a significant change in the earnings forecast become likely during this period, the Company will disclose such information as appropriate in accordance with the Timely Disclosure Rules.
6. Development of Internal Systems
In accordance with this Disclosure Policy, the Company strives to develop and enhance its internal systems in order to ensure appropriate information disclosure in compliance with applicable laws and regulations and the Timely Disclosure Rules.
