IR Policy

1. Basic Policy

Our basic IR policy is to disclose information to various stakeholders, including shareholders and investors in a timely and appropriate manner, while ensuring transparency, fairness and continuity in accordance with the Financial Instruments and Exchange Act, other laws, regulations and the Tokyo Stock Exchange (TSE) Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities (Timely Disclosure Rules).
The basic IR policy also includes proactive disclosure of important information which may influence investor decisions.

2. Disclosure Process

Information to be disclosed following the Timely Disclosure Rules of the TSE will be published on the Timely Disclosure Network (TDnet), which the TSE operates, and in principle will be posted promptly on our IR website.
In addition, we will disclose information not covered by the Timely Disclosure Rules as proactively and fairly as possible, taking into consideration the purpose of the Timely Disclosure Rules.

3. Quiet Period

To prevent leaks of financial information and ensure fairness of the disclosure of information, we have a quiet period that extends from the day following the end of a fiscal period to the day of an earnings announcement for that fiscal period.
During this period, we will answer no questions and make no remarks on financial results or earnings forecast.
However, this does not apply to inquiries related to information which has already been disclosed.
Also, we will make announcements as as appropriate and in a timely manner in the event of a material fact which we determine may affect investors’ decisions, or if such information is required to be disclosed under applicable laws, regulations or Timely Disclosure Rules.