Disclosure Policy
Basic Approach to Information Disclosure
Our Code of Ethics, established in 2003, sets forth the ethical behavior standard to "endeavor to widely and fairly disclose information and, at the same time, strictly control nonpublic information." In accordance with this standard, we promote disclosure of information about our corporate group's activities to a wide range of stakeholders, including shareholders and the securities market. Furthermore, we will not use undisclosed internal information about our company or other companies obtained through our work for personal gain through stock trading or other means.
Standards, Methods, and Scope of Information Disclosure
We believe that timely and appropriate disclosure of financial and non-financial information is crucial for fostering constructive dialogue with shareholders and investors, with the aim of enhancing corporate value over the medium to long term. Timely disclosure is conducted in accordance with the Companies Act, Financial Instruments and Exchange Act, and the "Rules on Timely Disclosure of Corporate Information by Issuer of Listed Securities, etc." (hereafter, "Timely Disclosure Rules") established by the Tokyo Stock Exchange. Even in the absence of these rules, we will disclose information that we believe is beneficial to our stakeholders in a fair and timely manner. Information subject to timely disclosure is promptly disclosed through the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange and also posted on our website.
- Statutory Disclosure: Disclosure based on the Financial Instruments and Exchange Act
Securities reports, semi-annual reports, extraordinary reports, etc. - Disclosure based on the Companies Act
Business reports, financial statements, and consolidated financial statements, etc. - Disclosure required by the Tokyo Stock Exchange
Quarterly financial results summaries and supplementary documents voluntarily attached by the company as reference materials
Corporate governance reports, decided matters, occurred matters requiring timely disclosure, etc. - Other Information Disclosure
IR-related disclosure materials (integrated reports), dialogue with analysts and institutional investors (business briefings, financial results briefings, etc.)
Information Disclosure System
In accordance with relevant laws and regulations, we ensure the timely and appropriate disclosure of company information, including that pertaining to decided matters, occurred matters, and the financial results of our company and subsidiaries. This is achieved through the adoption of resolutions by the Board of Directors. The Corporate Strategic Planning & IR Department is responsible for ensuring timely disclosure of information. When necessary, disclosure materials are prepared in close cooperation with relevant departments, such as business divisions, accounting, finance, and legal affairs, under the supervision of the Chief Financial Officer (CFO) who is in charge of such operations. Timely disclosure is then promptly carried out. Furthermore, in accordance with the "Internal Information and Insider Trading Management Regulations" revised in 2016, including its operation, we effectively manage crucial information and implement measures to prevent insider trading.
IR Activities
We prioritize active dialogue with shareholders and investors to achieve sustainable growth. In these dialogues, we adhere to Fair Disclosure Rules and exercise the utmost care in handling material facts under insider trading regulations. At financial results briefings and similar events, our senior management directly explains financial overviews and business strategies, and this information is posted on our company website as related materials and videos for a set period. The opinions obtained through dialogue with shareholders and investors are summarized by the Corporate Strategic Planning & IR Department, regularly reported to management, and shared with relevant internal departments to be utilized in business activities aimed at enhancing corporate value.
| Activity | Frequency | Content |
|---|---|---|
| Financial Results Briefings | Quarterly | Briefings for analysts and institutional investors. CEO and CFO explain financial results and management strategies. Videos, materials, and Q&A summaries posted on website. |
| Business Briefings | As needed | Briefings on specific topics such as business strategies and sustainability management for analysts and institutional investors. |
| Facility Tours | At least once a year | Conducted for analysts and institutional investors. |
| Meetings with Overseas Institutional Investors |
At least once a year | Direct dialogue through roadshows aimed at overseas investors and conferences hosted by securities companies. |
| Individual Interviews | Approx. 170 annually | Conducted with securities analysts and domestic/overseas institutional investors. Provide useful financial/non-financial information in cooperation with the Sustainability Department. |
| Materials Posted on IR Information Site | Medium-term Management Plan, Financial Results Summaries/Supplementary Materials/Q&A, Securities Reports/Quarterly Reports/ Extraordinary Reports, Integrated Reports, IR Event Materials, Shareholder Meeting Notices/Reports, Shareholder Communications (Nissui Report), Sustainability Reports, Corporate Governance Reports, Market Data. |
*Please check the following for posted materials:
https://www.nissui.co.jp/english/ir/ir_library/index.html
Silent Period
To prevent the leakage of financial information and ensure fairness in information provision, we have designated the period from the day following the end of each fiscal period to the day of the financial results announcement as a silent period. During this period, we will refrain from answering questions regarding financial results or performance forecasts. However, we will respond to inquiries regarding already published information even during the silent period.
Cautionary Statement Regarding Forward-Looking Statements
Forecasts regarding current and future performance and other forward-looking statements are based on information currently available and deemed reasonable by our management. These forecasts do not guarantee their achievement. Actual performance may differ significantly from these forecasts due to various factors, including but not limited to changes in economic conditions and product demand, fluctuations in exchange rates, and revisions to various domestic and overseas systems and laws. Users are advised to utilize the materials posted on our company website at their own discretion. Please be advised that we assume no responsibility whatsoever for any damages incurred as a result of using these materials.