Disclosure Policy

The Amano Group aims to create corporate value through sustainable growth and development. The basic stance of Disclosure is to disclose information pertaining to efforts to improve corporate value and its results in a timely and appropriate manner, so as to increase management transparency.

The Basic Policy of Information Disclosure

Amano will disclose information in accordance with the requirements of the Financial Instruments and Exchange Act and other laws and regulations (hereinafter referred to as “laws & regulations”) and the Timely Disclosure Rules established by the stock exchanges on which the Company’s shares are listed (hereinafter referred to as “timely disclosure rules”). In addition, Amano may decide to disclose information which is exempt from the disclosure laws & regulations and/or timely disclosure rules, if Amano considers it beneficial for deeper understanding of the corporation. In such cases, it shall disclose the information in consideration of fairness and timeliness, making sure that there is no information disparity depending on differing positions.

The Method of Information Disclosure

Information that is subject to disclosure under the timely disclosure rules shall be reported via the “Timely Disclosure network (TDnet)” provided by the Tokyo Stock Exchange. Amano will proactively disclose information that it considers effective in deepening the understanding of the corporation. In addition, information that falls outside the timely disclosure rules shall be conveyed fairly and extensively using methods such as Amano’s website posting in respect of fair disclosure.

The Mechanism of Information Disclosure

Amano has established an internal mechanism that enables it to disclose information based on appropriate judgment. Important information (information equivalent to important facts as defined in the insider trading regulations) is centrally controlled by the “Information manager” (the person in charge of handling information), and reported to the Representative Director on each occasion. If disclosure is required, the information will be disclosed by the Information Disclosure Unit after obtaining approval from the Board of Directors (or from the President & Representative Director, if the matter is not subject to the approval of Board of Directors). Furthermore, the contents of disclosure are checked by the Audit & Supervisory Board, the Accounting Auditor, the corporate lawyers, and the Internal Audit Unit at any time.

The Period of Silence

In order to prevent leakage of information regarding financial results and to ensure fairness, Amano will set a period of silence from the day after the end date of each quarter and full year until the scheduled date of financial results announcement, during which time Amano will refrain from responding to inquiries pertaining to financial results. However, if there is a possibility that the financial results may deviate significantly from the forecast during the period of silence, Amano will appropriately disclose the relevant information.

Regarding Future Prospects

The IR materials that Amano discloses contain future business prospects (forecasts, plans, outlooks, etc.) that are based on the information available at that time. Therefore, actual results may differ significantly from such prospects due to changes of various external and internal factors. Such factors include changes in economic conditions and product demand in major markets, fluctuations in exchange rates, and various regulatory changes at home and abroad, including accounting standards and practices.