Disclosure Policy

Preparation and Publication of Disclosure Policy

1. Basic Policy

We disclose information in accordance with the Financial Instruments and Exchange Act and the Timely Disclosure Rules stipulated by the Tokyo Stock Exchange (hereafter "Timely Disclosure Rules").
Moreover, we actively disclose information even if it is not subject to Timely Disclosure Rules, if we consider that our shareholders and investors need to know about it, regardless of whether it is positive or negative.
We strive to ensure fair and timely information disclosure by avoiding selective disclosure of important information to any particular institution or individual.

2. Method of Information Disclosure

We disclose information that is subject to Timely Disclosure Rules through the Tokyo Stock Exchange's Timely Disclosure network (TDnet). To ensure fairness, the information we disclose on TDnet is also published on our website. However, owing to the need to prepare PDF files or other tools, please be aware that there are instances in which the appearance of the information is delayed.

3. Future Outlook

The information we disclose may contain "forward-looking statements." These are based on uncertainties created by the management of the Company that is carried out based on certain assumptions. The actual outcomes may differ significantly, depending on the economic situation and changes in the market environment. Therefore, when reviewing the Company's business performance, corporate value, and other aspects, please refrain from over-reliance on these "forward-looking statements."

4. Period of voluntary IR restraint

To ensure fairness and prevent the leaking of earnings information, the period from the day after the end of the fiscal year until the date of publication of our financial results is a "period of voluntary IR restraint" in which we refrain from investor relations activities. During this period, we do not make any comments about nor do we answer any questions about our financial results. However, during this quiet period, in the event that there is a possibility that a performance forecast will be significantly inaccurate, we will make an appropriate announcement in accordance with the Timely Disclosure Rules.

Holding of Regular Meetings for Analysts and Institutional Investors

We hold financial results briefings for analysts and institutional investors quarterly in which the Representative Director explains the outcomes.

Posting of IR materials on our Website

Our website has a Shareholders/ Investor Relations page. Here, we post our annual securities report, quarterly reports, financial results, presentation materials at financial results briefings, shareholders' reports, the FANCL Report, notices of convocation of shareholders' meetings, notifications of resolutions, shareholder incentives and other information. We also post videos of our financial results briefings.
Company IR page URL: https://www.fancl.jp/en/ir/index.html

Internal Framework for Timely Disclosure