Basic Policy of IR

Purpose

  • We consider all shareholders and investors as important partners for the expansion of business with a goal toward improving enterprise value.
  • Therefore, through IR activities, we will provide timely and accurate information regarding the conditions of our management environment and financial affairs, as well as our management strategies for the future, and gain the understanding and trust of our shareholders and investors, enhancing the interactive communication.

Basic Policy

Basic policy 1 : Open IR

  • Timely, accurate, and fair disclosure of information in accordance with laws and regulations
  • Active disclosure of information contributing to the improvement of transparent management
  • Construction of reliable relationships through the implementation of IR activities with a high regard for interactivity

Basic policy 2 : Easy-to-understand IR

  • Promotion of understanding through easy-to-understand explanations and tools
  • Reflection of changes in the management environment and the needs of shareholders and investors

Basic policy 3 : Internally integrated IR

  • Development of activities integrated internally with directors taking the lead, with an understanding that IR is an important management item

Internally integrated IR

Activity guideline

Basic policy 1 : Open IR

  • Timely, accurate, and fair disclosure of information in accordance with laws and regulations

Specific approaches

- We will implement the timely and accurate disclosure of information in accordance with Financial Instruments and Exchange Act and other laws and regulations, as well as the regulations for timely disclosure at the Tokyo Stock Exchange. Also, we will properly manage insider information by abiding by the company’s regulations on insider trading.

- We will maintain the fairness of opportunities for public access to disclosed information through our website and mass media activities.

- When a situation occurs that affects business conditions, we will strive to provide information about conditions, policies to cope with the situation, and effects on business results as quickly as possible.

  • Active disclosure of information contributing to the improvement of transparent management

Specific approaches

- We will actively explain information about possible risks that may have important effects on management strategy, management planning, and on management, as well as concepts regarding the appropriation of surplus for the current term, to disclose information contributing to appropriate investment decisions.

  • Construction of reliable relationships through the implementation of IR activities with a high regard for interactivity

Specific approaches

- We will maintain opportunities for direct communication with shareholders and investors, and strive to understand our shareholder composition, to promote sufficient exchange of opinion.

- We will incorporate the opinions of shareholders and investors into directors and the parties concerned, and reflect these opinions as appropriate in business management.


Basic policy 2 : Easy-to-understand IR

  • Promotion of understanding through easy-to-understand explanations and tools

Specific approaches

- We will offer easy-to-understand explanations of company characteristics and advantages based on the trends and background of business results.

- We will offer a variety of explanative tools that answer the needs of shareholders and investors.

  • Reflection of changes in the management environment and the needs of shareholders and investors

Specific approaches

- We will maintain the continuous disclosure of information, while also improving disclosure content that reflects changes in management environment and the needs of shareholders and investors, and examining and implementing the optimal methods for providing information.


Basic policy 3 : Internally integrated IR

  • Development of activities integrated internally with directors taking the lead, with an understanding that IR is an important management item

Specific approaches

- We will create thoroughly fair and transparent business operations, with awareness of the corporation’s social responsibilities.

- Each director and employee will implement business operations with awareness toward capital markets, by sharing and having a deeper understanding of the needs of shareholders and investors through close coordination with the parties concerned.

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