Basic Policy on Disclosure

We strive to provide fair access to information pertaining to our company by appropriately disclosing information to all stakeholders, beginning with shareholders. We also comply with applicable laws and regulations such as the Financial Instruments and Exchange Act and the Timely Disclosure Rules determined by the Tokyo Stock Exchange. Moreover, to the full extent possible, we aim for active and fair disclosure of information not subject to the Timely Disclosure Rules but which we judge promotes understanding of our company.

Disclosure Methods

Noritz discloses company information on a timely basis according to the Tokyo Stock Exchange's (TSE's) regulations on the listing of securities and the rules of enforcement for those regulations (hereafter, "Timely Disclosure Rules"). We disclose information that is required to be disclosed by the Timely Disclosure Rules according to these rules, after advance explanation to the TSE, through the TSE's Timely Disclosure network (TDnet); it is then released through various media channels without delay. Information published on TDnet is also quickly published on the company website.

Quiet Period

To prevent the leakage of financial results, Noritz designates the period starting the next day after the end of each quarter until the day of the announcement of the financial results of the quarter a "quiet period." During this period Noritz refrains from making any comments or answering any questions related to performance. Nevertheless, if during the quiet period we anticipate that actual results will diverge greatly from forecasts, we will disclose such information appropriately.

About Investment Decisions

The information provided on this website is intended to facilitate understanding of the company's business activities, financial information, and management information, and as such is not intended as an investment solicitation. We request that website visitors make their own decisions with regard to investments.