Disclosure Policy

Basic Policy on Information Disclosure

In order to provide the stockholders and investors with timely, accurate, and fair information, we will not only comply with all applicable laws, including the Companies Act and the Financial Instruments and Exchange Act, and promptly disclose the information governed by the timely disclosure rule set forth by Osaka Securities Exchange Co., Ltd and other important information, but will also actively disclose the available information to help you to understand us.

Disclosure Method

For the purpose of information disclosure, we will provide important facts in accordance with the timely disclosure rule stipulated by Osaka Securities Exchange and also will post the relevant information on this website promptly, after having completed the procedures for publication, which are intended to regulate insider transactions under the Financial Instruments and Exchange Act. Other information to which the timely disclosure rule is not applicable will be disclosed timely and fairly for the purpose of timely disclosure. Our website may not include all of the information that has been disclosed by us. Be advised that information included on our website may be expressed in a different way from the information otherwise disclosed.

Non-Disclosure of Information

Sometimes we may not reply to your inquiries for certain information for the reason of competitive advantage or non-disclosure agreements. Also, any unpublished important facts shall not be disclosed in any way.

Period of Silence

We have a three-week period of silence before the announcement of financial results in order to maintain fairness and avoid leakage of financial information. During this period, we will refrain from replying or commenting on any inquiry for financial results. Notwithstanding the preceding sentence, if a possibility occurs that performance may differ materially from the forecast during the period of silence, the relevant information will be announced as necessary in accordance with disclosure rules.