NIPPON KODOSHI CORPORATION

IR policy

 Basic policy

Nippon Kodoshi Corporation (hereinafter, "the Company") strives to disclose information compliant with the relevant provisions of the Financial Instruments and Exchange Act or other laws and regulations and the Timely Disclosure Rules prescribed by the Tokyo Stock Exchange, and also proactively discloses other company information. The Company strives to disclose information to our stockholders, investors and other stakeholders in a timely and appropriate manner.

 Information disclosure methods

Following the Timely Disclosure Rules prescribed by the Tokyo Stock Exchange, the Company promptly discloses important company information through the Timely Disclosure network (hereinafter, "TDnet") provided by the Tokyo Stock Exchange, and posts it on our website immediately thereafter. Information other than the above which may affect investment judgment is also promptly disclosed by timely and appropriate means.

 About the future outlook

Business results estimates, projections and other future forecasts disclosed by the Company are only forecasts made by the Company based on information available to the Company at the time of announcement and on certain assumptions deemed to be reasonable by the Company, but the Company does not guarantee their achievement. Actual business results may differ considerably, depending on changes in market directions, economic conditions and other factors.

 Quiet periods

To prevent leakage of financial results and to provide fair disclosure of information, the Company has established a quiet period that begins on the day after each quarterly financial closing day and ends on the day of the announcement of the quarterly financial results. During the quiet period, answers to and comments on inquiries related to the financial information are withheld. Nevertheless, should there occur during such periods any grounds for expecting significant differences between forecasts and actualities, the Company will promptly disclose such information in accordance with the Timely Disclosure Rules.

Even during quiet periods, inquiries about already-public information are accommodated.