IR Policy

This section introduces our policy for IR activities.

1. Basic Policy
With regard to the disclosure of corporate information, the Company works to rapidly, fairly and actively disseminate the most accurate information to shareholders, individual investors as well as institutional investors and analysts. In doing so, we seek to deepen stakeholders' understanding of the Company, while earnestly reflecting their opinions in our management.

2. Information Disclosure
(1) Basic method of information disclosure
The Company shall adequately disclose information as prescribed in the Corporate Code and the Securities and Exchange Law. With regard to information to which provisions of the timely disclosure regulations of the Osaka Securities Exchange (OSE) apply, the Company shall immediately provide the same information to news organizations and publish it on its website after registering it with the OSE's Electronic Disclosure Network (ED-NET).

(2) Non-disclosure of material facts
Information the Company discloses at its meetings with securities analysts and institutional investors shall be limited to information previously announced in financial statements, matters of public knowledge, general business conditions or similar information. We shall not refer to material facts that have not been disclosed.

3. Business Forecasts
The Company is committed to fully providing necessary information to shareholders and investors and to disclose detailed business results on a quarterly basis. Reference materials published by the Company and statements made through its website contain current plans, forecasts, strategies, etc. Please note that, at the time of their announcement, such plans, forecasts and strategies are predictions only and cannot be guaranteed. The Company shall not support any business forecast by a third party.

4. Voluntary Restraint Period
The Company sets the period from the 10th day of the month following the end of each quarter to the day the related financial statements are announced as a "quiet period" and restricts its IR activities accordingly. During this period, we shall refrain from commenting on business forecasts and predictions.