Disclosure Policy

1. Disclosure Basic Policy

Our company discloses information in accordance with the Companies Act, the Financial Instruments and Exchange Act, and other laws and regulations, as well as the Securities Listing Regulations of the Tokyo Stock Exchange (hereinafter referred to as the "Timely Disclosure Rules").
It is also our policy to proactively and fairly disclose information that does not fall under the scope of the Timely Disclosure Rules, as long as it is deemed to be useful to our shareholders and investors in understanding our company.

2. Disclosure Method

In accordance with the Timely Disclosure Rules, Our company discloses information through the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange, and promptly posts the same information on the Company's website thereafter.
Even for information that does not fall under the scope of the Timely Disclosure Rules, Our company will endeavor to disclose such information in an appropriate manner that is communicated as accurately and fairly as possible, taking into account the purpose of timely disclosure.

3. Silence Period

Our company observes a Silence period from the day after the end of each quarter to the day of the announcement of the relevant financial results, and refrains from responding to inquiries regarding financial results in order to prevent the leakage of financial information and ensure fairness.
However, if during the quiet period, it becomes clear that the company's financial results are likely to deviate significantly from its forecast, Our company will disclose information as appropriate.

4. Future Prospects

Plans, prospects, management targets, etc., posted on our company's website, other than those relating to past or current facts, are based on judgments and assumptions made by our company based on information currently available. Please be aware that actual results may differ significantly from the prospects due to various risks and uncertainties.