Disclosure Policy and Disclaimer

The Company will disclose information in a timely and appropriate manner in accordance with the Companies Act, the Financial Instruments and Exchange Act, and the Tokyo Stock Exchange's “Listing Rules for Securities.” Furthermore, respecting the spirit of the Fair Disclosure Rule stipulated in the Financial Instruments and Exchange Act, the Company will disclose information fairly. In addition to information required by the above laws and regulations, the Company will strive to disclose information deemed effective for understanding the Company as proactively and fairly as possible.

Information subject to the Tokyo Stock Exchange's “Listing Rules for Securities” will be disclosed to news organizations and others via the Tokyo Stock Exchange's timely disclosure information transmission system “TDnet.” Following disclosure, the information will be promptly posted on our company website.

In addition, reports such as securities reports and semi-annual reports required under the Financial Instruments and Exchange Act are disclosed through the Financial Services Agency's electronic disclosure system “EDINET,” and will also be posted on our company website.

In addition to information required by the above laws and regulations, we will disclose important information regarding our company's management on our website. Please note that information disclosed by our company in printed materials, on our website, or in response to inquiries via media interviews or telephone is limited to facts already disclosed or widely known, or to general business conditions. Naturally, we reserve the right to refrain from responding to inquiries regarding specific information due to competitive advantage or confidentiality agreements.

The forward-looking statements regarding our performance forecasts, strategies, policies, targets, and other matters disclosed by our company, which are not historical facts, are based on plans, expectations, and judgments derived from information available to us at the time and certain assumptions deemed reasonable. Actual results may differ significantly due to various risks and uncertainties.

To prevent the leakage of information that could affect stock prices and to maintain fairness during the preparation period for earnings announcements, our company designates a specific period from the day following the end of each quarter until the earnings announcement date as a “quiet period.” During this period, we will refrain from responding to questions regarding earnings forecasts or other financial results-related inquiries during individual interviews, meetings, or in response to visits or phone calls. However, if an event requiring timely disclosure as specified in the Tokyo Stock Exchange's “Listing Rules for Securities” occurs during this period, we will disclose information as appropriate.