INVESTOR
RELATIONS

The Company discloses information in an accurate, timely, and fair manner, in accordance with laws and regulations such as the Financial Instruments and Exchange Act, etc., and the Timely Disclosure Rules for Issuers of Listed Securities (hereafter “Timely Disclosure Rules”) set forth by the Tokyo Stock Exchange. Moreover, disclosure will be actively made as well for information that does not apply to the Timely Disclosure Rules, but that affects investment decisions of shareholders and investors.

Information required to be disclosed under the Timely Disclosure Rules will be disclosed through the Timely Disclosure network (TD net) provided by the Tokyo Stock Exchange, and at the same time will be disclosed on our website. In addition, based on the objective of the Timely Disclosure Rules, information that does not apply to the Timely Disclosure Rules, but that affects investment decisions will be disclosed on our website or by other methods.

The Company ensures this Disclosure Policy be understood and well instilled throughout the Company group. All inquiries from shareholders, investors, and financial analysts will be handled by relevant person of the Company in charge. This is intended to protect the Company group and its employees from legal liabilities under the Financial Instruments and Exchange Act and others.

In order to prevent leakage of earnings information (including quarterly and interim financial results; hereinafter the same shall apply) and ensure fairness, the Company has established a quiet period starting from the following day of the closing date of a fiscal term to the earnings announcement date. Please note that the Company must refrain from answering questions regarding said earnings during this period. However, if an event that applies to the Disclosure Rules set forth by the Tokyo Stock Exchange occurs during the quiet period, the Company will nonetheless make disclosures regarding such matter in a prompt manner.

The Company strives to establish and enhance internal structure in order to conduct appropriate information disclosure, in accordance with various laws and regulations and the Timely Disclosure Rules, based on this Disclosure Policy.