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For Investors -FOR INVESTORS-
Management Policy

IR Policy

We perform fair and timely information disclosure for shareholders, investors through IR activity and will act to be able to have more understanding than we correspond to our business contents and corporate strategy, management aim.

1. Basic policy of the disclosure

About disclosure of the important information such as the cases that the decision matter which affected the investment judgment in us, an outbreak fact, information about the settlement of accounts produced, we make disclosure along a rule about the timely disclosure of the corporate information of the publisher of the listed securities which the Tokyo Stock Exchange establishes.
In addition, we disclose it as possible positively and fairly to meet a request of shareholders, investors about the information not to correspond to a timely disclosure rule.

2. Disclosure method of the information

After prior explanation to the Tokyo Stock Exchange, we disclose it through "TDnet" (timely disclosure communication system) which the exchange provides and, about the information to correspond to a timely disclosure rule, place an equivalence document in this website after an exhibition according to the fate immediately.
In addition, about the information not to correspond to a timely disclosure rule, we consider it based on a purpose of the timely disclosure so that these information is transmitted to a stockholder, investors precisely and fairly as much as possible.

3. About a silence period

We wait by the answer to comment and a question about the settlement of accounts as a silence period on the settlement of accounts date of publication from the next day of the settlement of accounts date to prevent that information with the influence leaks out to the stock prices in us in the run-up of the earnings announcement. But we decide to disclose information appropriately when possibility to greatly deviate from the expectation during a silence period comes out.

4. Other

When you deal with a search of our information on our website, please refer to not only this disclosure policy but also the escape clause placing in total.

5. The system of the disclosure


For fair disclose, about the important financial, social phenomenon about our group, we examine contents and a method of the disclosure by the board of directors and a business meeting,. Then, we utilize various communication means (ex. news release, timely disclosure through “TDnet” ,our website) that stakeholders can easy to understand.

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