Investor relations

and regulations and the "Timely Disclosure of Corporate Information, etc." (hereinafter referred to as the "Timely Disclosure Rules") of the Securities Listing Regulations of the Tokyo Stock Exchange, we will promptly disclose information based on transparency, fairness, and continuity.

Also, we will proactively and fairly disclose any information that we deem important or useful for shareholders and investors to understand our company, even if it does not fall under the scope of laws and regulations or timely disclosure rules.

We will not disclose personal information, customer information, or information that may infringe on the rights of related parties.

Information required by the Timely Disclosure Rules is disclosed through the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange the Rules and is also promptly posted on the Company's website after being disclosed through the TDnet. Information that does not fall under the scope of the Timely Disclosure Rules will also be widely disclosed by posting on the Company's website if it is deemed important or useful.

To prevent insider trading, we have established the Information Management Regulations and Insider Trading Management Regulations. Also, we hold study sessions on insider trading regulations for directors and employees every year and distribute explanatory materials to promote awareness and understanding of the purpose of the regulations. Also, we issue internal notices to raise awareness of insider trading as appropriate.

Among the business forecasts, prospects, strategies, goals, etc. disclosed by the Company, statements other than those relating to past or present facts are forward-looking statements, which are based on plans, expectations, and judgments by the information currently available to the Company and certain assumptions deemed reasonable. Therefore, actual results may differ from the disclosed forecasts due to various factors such as economic conditions and other various uncertain factors.

From the perspective of preventing the leakage of financial information (including quarterly financial information) and ensuring fairness in the disclosure of information, the Company designates the two weeks before the announcement of financial results (including quarterly financial results) as a quiet period, during which it refrains from answering questions or making comments on financial results and earnings forecasts. However, if there is an expectation of a significant change in the earnings forecast during this period, the Company will make an appropriate announcement by the Timely Disclosure Rules.

In accordance with this disclosure policy, we have put in place and are endeavoring to enhance our internal systems for disclosing information as appropriate under various laws and regulations and the Timely Disclosure Regulations.