We will disclose information to shareholders and investors appropriately, fairly, and in a timely manner. We seek to achieve sustainable growth and enhance corporate value in the medium to long term, having constructive communication with shareholders and investors.

We disclose information appropriately and in a timely manner in accordance with the Financial Instruments and Exchange Act and other relevant laws and regulations, as well as the Timely Disclosure Rules stipulated by the Tokyo Stock Exchange.

We will actively disclose information as far as possible that we think shareholders and investors need to know or is useful to them for understanding the Company even if the information is not subject to relevant laws and regulations or the Rules on Timely Disclosure.

We will disclose information subject to the Timely Disclosure Rules by registering it with the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange. We will disclose annual securities reports and other reports subject to the Financial Instruments and Exchange Act by registering them with the Electronic Disclosure for Investors' NETwork (EDINET) system provided by the Financial Services Agency. We will promptly post on our website the information disclosed via TDnet or EDINET.

We will disclose the information that we think shareholders and investors need to know or is useful to them although it is not subject to relevant laws and regulations or the Rules on Timely Disclosure by providing it to the media or posting it on our website.

When we disclose information, we will comply with the fair disclosure rules set forth in the Financial Instruments and Exchange Act. We will take care to avoid selective disclosure and seek to fairly disclose information.

The Company discloses information after relevant departments, including the Corporate Planning Department, PR Department, General Affairs Department, Accounting Department, and Legal Department, implement prescribed internal procedures in cooperation with each other, led by the General Manager of Management Division (Director in charge of Investor Relations), General Manager of the Office of the President, and General Manager of the General Affairs Department (in charge of information handling).

We define the period from the day after the closing date of the fiscal year or each quarter to the date of the announcement of the financial results as a quiet period to prevent the leak of financial information and ensures the fairness of information disclosure. During the quiet period, we refrain from answering questions or making comments in response to inquiries about results. However, if it becomes likely during the quiet period that the results forecast will need to be changed significantly, we will disclose information in accordance with the Timely Disclosure Rules.

Future plans and forecasts announced by the Company are based on information available and assumptions considered reasonable at the time of announcement. Actual results may differ from those forward-looking statements due to many different factors. Taking this into consideration, we will offer necessary cautionary notes when we disclose forward-looking statements.