Management Information

Disclosure Policies

1. Basic IR Policy

We carry out IR activities as per our basic policy of providing all stakeholders, including shareholders and investors, with information on our management policies, business activities, and financial situation in a clear, fair, timely, and appropriate manner.

2. Information Disclosure Policy

We disclose information in accordance with the Financial Instruments and Exchange Act and the "Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities" (hereinafter referred to as "Timely Disclosure Rules") established by the Tokyo Stock Exchange.To enhance the transparency of management, we will also take the initiative in disclosing information deemed useful to investors, even when not subject to the Timely Disclosure Rules.

3. Methods of Disclosure

Information that falls under the Timely Disclosure Rules will be disclosed on TDnet and promptly posted on our website.

4. Matters Concerning Forward-Looking Statements

Forward-looking statements may be included with the information we disclose.We will fully explain the assumptions underlying the forecasts of such forward-looking information, including uncertainties, and strive to avoid misleading the market.

5. IR Quiet Period

We maintain a silent period concerning IR activities from the day after the quarter settling day to the announcement of the financial results in order to prevent the leakage of information to be disclosed during the financial period. During this time, we refrain from commenting on or answering questions regarding financial results.