DISCLOSURE POLICY

1.Basics

By setting the company philosophy “All for customer success”, our basic principle is to realize the success of our customers, tenants, and all stakeholders including shareholders. Therefore, in the IR activity also, we acknowledge the importance of timely, thorough and fair disclosure, and by putting this into practice, we will strive to obtain trust from everyone.

2.Criteria and means of disclosure

We initiate consistent disclosure based on Laws and ordinances such as Companies Act, Financial Instruments and Exchange Act, and Timely Disclosure Rules of Tokyo Stock Exchange (TSE).
Also, information to be disclosed in accordance with the Timely Disclosure Rules is released to TSE's website via its Timely Disclosure network (TDnet), followed by the release on our corporate website. As for information not stipulated for release by the Timely Disclosure Rules, we will disclose according to our judgement upon considering the effect of its timely disclosure, via company website or other criteria.

3. Prevention of Insider Trading

We will adequately manage vital information, and to prevent insider trading, we strengthen our inhouse rules and promote to notify its contents to our entire group through training programs etc.

4. Silent Period

In order to ensure fairness toward our investors, we maintain a "silent period", 3 weeks prior to the quarterly result announcement date. During this period, the Company refrains from replying to questions or commenting on the earnings and forecasts announcement. However, if an event stipulated for release by the Timely Disclosure occurs during the silent period, we will make appropriate announcements based on the Timely Disclosure Rules and the Company's information disclosure standards.

5. Disclaimer

Among the forecasts for earnings, strategies, policies, and goals that we disclose, those that are not historical truths are estimations or prospects of the future, that are based on the information which the company holds, and plans, expectations, judgement that are based on certain premises to be judged as radical. Therefore, please note that the actual results for earnings may differ due to various risks and unpredictable factors.