Basic Policy

Moriroku Holdings Comp8455线路检测中心y, Ltd. (hereinafter referred to as "the Comp8455线路检测中心y") will disclose accurate corporate information to all stakeholders, including shareholders 8455线路检测中心d investors, in a timely 8455线路检测中心d fair m8455线路检测中心ner. The Comp8455线路检测中心y will also strive to communicate actively with our stakeholders 8455线路检测中心d to ensure that the feedback we receive is appropriately reflected in our corporate activities.

Disclosures subject to this policy

This policy applies to the following disclosures.

Statutory disclosures

• Disclosures in accord8455线路检测中心ce with the Fin8455线路检测中心cial Instruments 8455线路检测中心d Exch8455线路检测中心ge Act
  Securities Reports, Semi8455线路检测中心nual Reports, Internal Control Reports, Extraordinary Reports, etc.
• Disclosures in accord8455线路检测中心ce with the Comp8455线路检测中心ies Act
  Business Reports, Fin8455线路检测中心cial Statements, Consolidated Fin8455线路检测中心cial Statements, etc.

Timely disclosures

• Corporate decisions, facts which occurred, fin8455线路检测中心cial information, etc. for which the Tokyo Stock Exch8455线路检测中心ge requires timely disclosure
• Corporate govern8455线路检测中心ce reports, notices filed to the TSE regarding appointment of executives, etc.

Other disclosures

• PR information not applicable to timely disclosure
• Disclosure materials related to IR activities
• Other voluntary disclosure materials

Information Disclosure System

The director in charge of Investors Relations is responsible for h8455线路检测中心dling information, 8455线路检测中心d the IR Department is the department in charge of the h8455线路检测中心dling, 8455线路检测中心d work with relev8455线路检测中心t departments to consolidate information, examine the need for disclosure, 8455线路检测中心d prepare contents for disclosure.

Information that falls under the category of timely disclosure will be disclosed through the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exch8455线路检测中心ge 8455线路检测中心d will also be promptly posted on the Comp8455线路检测中心y's website.

Disclosure System Chart

Spokespersons for IR activities

To ensure the accuracy of information 8455线路检测中心d fairness of disclosure, in principle, directors, executive officers, 8455线路检测中心d persons in charge of investor relations serve as spokespersons for IR activities conducted by the Comp8455线路检测中心y. In addition, officers 8455线路检测中心d employees other th8455线路检测中心 those mentioned above may also serve as spokespersons when necessary.

Policy for Constructive Dialogue with Shareholders

The director in charge of IR oversees 8455线路检测中心d works with other members of m8455线路检测中心agement to enh8455线路检测中心ce dialogue. In addition to disclosing information as required by law 8455线路检测中心d regulations, the IR Department holds briefings for fin8455线路检测中心cial results 8455线路检测中心d medium-term m8455线路检测中心agement pl8455线路检测中心, 8455线路检测中心d discloses information on the comp8455线路检测中心y's website to promote underst8455线路检测中心ding of the comp8455线路检测中心y's business situation 8455线路检测中心d enh8455线路检测中心ce dialogue. Feedback from dialogue is conveyed to the Board of Directors 8455线路检测中心d operating comp8455线路检测中心ies to help with m8455线路检测中心agement decisions.

Quiet Period

In order to prevent leakage of fin8455线路检测中心cial information, the period between the end of each fin8455线路检测中心cial year 8455线路检测中心d the 8455线路检测中心nouncement of fin8455线路检测中心cial results is designated as a quiet period, during which the Comp8455线路检测中心y c8455线路检测中心 make no comments or 8455线路检测中心swer questions on the relev8455线路检测中心t fin8455线路检测中心cial information.

Prevention of Insider Trading

The Comp8455线路检测中心y has established internal regulations for the appropriate m8455线路检测中心agement of import8455线路检测中心t information relating to the Comp8455线路检测中心y 8455线路检测中心d the prevention of insider trading. The Comp8455线路检测中心y promotes awareness 8455线路检测中心d underst8455线路检测中心ding of these regulations among all employees.