1.Basic Concept

We are fully aware that corporate information, including management information, contributes to the interests of investors, and we consider it one of our most important management issues to continuously strive for fair, timely, and appropriate information disclosure so that our shareholders and investors can accurately recognize and judge our actual situation. To this end, we comply with all applicable laws and regulations and stock exchange rules and regulations regarding information disclosure, and work to establish and operate a timely, appropriate, accurate, fair, and sincere information disclosure system. Translated with www.DeepL.com/Translator (free version)

2.Standards of Information Disclosure

We will disclose information in a timely and appropriate manner as required by applicable laws and regulations and stock exchange rules regarding information disclosure. We will also disclose other information that we deem useful for shareholders and investors to understand our company and make investment decisions, such as information on investment targets and our investments, in a fair and appropriate manner. Translated with www.DeepL.com/Translator (free version)

3.Method of Information Disclosure, etc.

Items required to be disclosed by applicable laws and regulations and stock exchange rules and regulations will be disclosed through the prescribed disclosure procedures, including publication in business reports and securities reports, the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange (TSE), and press releases. Information disclosed via TDnet will also be promptly posted on the Company’s website. Translated with www.DeepL.com/Translator (free version)

4.IR Activities

In IR activities, in accordance with the basic approach described in 1. above, we will respond in good faith so that our shareholders and investors can accurately understand our management strategy, financial condition, etc. We will also pay attention to interactivity and aim to gain the market’s trust and just evaluation through constructive conversations with shareholders and investors. We will also aim to gain the trust of the market and a justifiable reputation through constructive conversations with shareholders and investors, paying attention to interactive aspects. In order to implement these activities, we will establish and operate the following systems. Translated with www.DeepL.com/Translator (free version)

• (1) Designate a director and CFO to oversee all investor relations activities and see to it that constructive dialogue with shareholders and investors is achieved.
• （2）The Group IR/PR Manager will be appointed to assist in dialogue, and will promote organic collaboration and response based on information sharing across the General Affairs, Finance, Accounting, and Legal Departments.
• （3）To enhance means of dialogue other than individual interviews, we will strive to promote understanding of our business and future development by holding our own IR meetings or participating in various IR events several times a year.
• （4）We will ensure that the opinions and concerns of shareholders and investors, which we have obtained through dialogue, are appropriately and effectively fed back to senior management and the Board of Directors through the agenda of the Board of Directors meetings and other means.

5.Handling of Important Information

The Company has established “Regulations Concerning Management of Inside Information and Regulation of Insider Trading” to strictly handle undisclosed information and to thoroughly prevent insider trading, etc. We refrain from commenting on any undisclosed material facts at any time, including in response to inquiries from outside parties, until such information has been disclosed in accordance with the Timely Disclosure Rules, etc., including opportunities for dialogue. We also strive to disclose information in a timely and appropriate manner to avoid, to the extent possible, the retention of undisclosed material facts within the Company. Translated with www.DeepL.com/Translator (free version)

6.Regarding Earnings Forecasts

Due to the nature of our business, the impact of stock market fluctuation factors is extremely large, and it is difficult to calculate reasonable earnings forecasts. Therefore, we do not disclose earnings forecasts, but strive to promptly disclose quarterly financial results, and promptly disclose reasonable forecasts as soon as they become available.

7.Correcting the perception gap with the market

If it is discovered that there is a significant gap between the market and the company due to the spread of rumors or other reasons, we will make efforts to pursue the cause of the gap and rectify it as soon as possible.

8.Disclaimer

(1) Some of the information on our website may include projections based on assumptions, forecasts, plans, etc. regarding the future as of the time of publication. Please be aware that information other than historical facts may differ materially from what is stated due to risks and uncertainties related to changes in the economy, stock market conditions, and various other business environments.

(2) The information on our website is provided for the purpose of deepening your understanding of our company and is not intended as a solicitation to invest. If you consider investing in our company, please do so based on your own judgment.