Disclosure Policy

Based on our corporate philosophy "Never lose the public trust, even if monetary loss proves unavoidable" and one of our Visions CLARITY " Working with integrity, transparency and sense of social responsibility ," we strive to maintain and develop trust relationships with all stakeholders, including shareholders/investors, customers, business partners, employees,and local communities. To achieve this, we commit to timely and transparent information disclosure concerning our group companies, and endeavor to foster good communication with stakeholders.

We disclose information in accordance with laws and regulations as well as disclosure rules set forth by the Tokyo Stock Exchange. Additionally, we disclose information that we deem beneficial for better understanding our group's business activities (including managerial,financial, and non-financial information), even if it does not fall under regulatory requirements. We aim to disclose this in a timely and appropriate manner.

For information falling under laws and regulations or Tokyo Stock Exchange disclosure rules,we disclose it through the Timely Disclosure Network (TDnet). For other information not required by laws or rules, we disclose it through appropriate and accurate means, such as posting materials on our company website.

We adhere to compliance standards for information management and comply with insider trading regulations stipulated in the Financial Instruments and Exchange Act, while also striving to prevent leaks of confidential information by establishing robust information management systems. We require that all Torishima employees strictly to adhere to these regulations.

Information regarding future forecasts or performance provided by our company is based on reasonable judgments made on available information at the time of disclosure. Due to external factors, future forecasts and performance may significantly differ from actual results.

To prevent information leakage during the preparation of financial statements and maintain fairness in disclosure, we observe a certain period before the announcement of financial results as a quiet period, refraining from commenting on or answering questions related to financial results. However, if there is a significant deviation from forecasts during the quiet period, we will disclose information as necessary, following our established internal processes.