Disclosure Policy

This section is an explanatory section in order to assist the viewers of this home page to fully comprehend our disclosure policies.

1. Disclosure Standards

Our disclosure is made in accordance with the Timely Disclosure Regulations (the “Regulations”) enacted by the Tokyo Stock Exchange (“TSE”) and Article 27-36 of Financial Instruments and Exchange Act(the “Fair Disclosure Rules)”.
It is also our policy to disclose, as much positively and fairly as possible, information that does not fall under the Regulations, on this home page, if we judge them as useful for investment decision.

2. Information Disclosure Method

Disclosure of information falling under the Regulations is publicized through the Timely Information Disclosure System (TDnet) offered by the TSE after prior explanation to the TSE in accordance with the Regulations. We post each piece of information publicized on TDnet and announce it to the media through “Kabuto Club”, which is located in TSE.

3. Post Information on This Homepage

We post the information on our homepage promptly after it is publicized on TDnet. It is also our policy to disclose, as much promptly and fairly as possible, information that does not fall under the Regulations.

4. Silence Period

To prevent any information affecting the stock price from being divulged during the preparation period of the data for the announcement of the accounts, we fix four weeks “silence period” prior to the announcement of the accounts. During this period, we refrain from making comments on the accounts or responding to related questions. If it becomes likely that the results will substantially vary from the previously released projection, however, we will disclose information.

5. Others

When using this web site for information on the Company, please read carefully not only this disclosure policy, but also the Disclaimer