Disclosure Policy
Basic Disclosure Policy
RS Technologies Co., Ltd. (hereinafter referred to as the “Company”) believes that it is the responsibility of a listed company to disclose information to shareholders and investors in a timely and appropriate manner and to be fully accountable, and understands that it is necessary for the Company to fulfill those responsibilities from a corporate governance point of view. The Company, therefore, strives to provide information promptly, while ensuring transparency, fairness and continuity. As well as providing information pursuant to the respective timely disclosure rules stipulated by the Financial Instruments and Exchange Act and the Tokyo Stock Exchange, the Company will use its own judgement to disclose information in a timely and proactive manner if the Company considers that such information can effectively help investors understand its business.
Disclosure Procedures
The Company discloses securities reports and other filings on the Financial Services Agency’s EDINET system and the information required by the Tokyo Stock Exchange’s timely disclosure rules on the Tokyo Stock Exchange’s TDnet system. In general, such disclosed information shall be promptly posted on the Company’s IR website. Even if the disclosure rules do not require the Company to disclose certain information, the Company will strive to post such information on its IR website to ensure that such information is delivered to investors in a more accurate and fair manner in light of the principles of timely disclosure.
Forward-looking Statements
In addition to financial forecasts that the Company submits to the Tokyo Stock Exchange where the Company is listed, the Company may use other means to provide information regarding financial forecasts. Furthermore, information provided by the Company’s press releases, financial results briefing sessions, questions and answers provided at analyst meetings, etc. may contain information on the Company’s plans, forecasts, strategies, etc. As such information is based on information available at the time of preparation and on information that the Company management deems reasonable, they contain risks and uncertainties. It should be noted that due to various reasons, actual performance of the Company may differ substantially from such forecasts.
Quiet Period
In order to prevent information leaks before announcements of financial results (including quarterly and interim financial results; the same shall apply below), the Company establishes a quiet period, which is a specified period before the scheduled financial result announcement date during which the Company cannot respond to any inquiries concerning financial results. However, if the Company finds it probable during the quiet period that actual results could differ substantially from the forecast, the Company will appropriately disclose information in accordance with the timely disclosure rules, etc.
Disclosure System
The Company shall establish and manage various rules on the handling and managing of information that are necessary for its operations. Based on those rules, the Company has prepared various rules, outlines, manuals, etc., as necessary, for handling the information (including personal information), documents, and information systems to allow for fair, timely, and appropriate disclosures. In addition, the Company has a system in place to allow the Board of Directors to act as a body supervising emergency responses and to respond quickly to risks related to information, if the Company finds a risk in its operations. Moreover, based on the various rules, the Company has a system where the Internal Audit Office checks whether or not the management of the information and information systems are appropriate, and provides instructions and advice accordingly. The Internal Audit Office also audits the appropriateness of the Company’s operations. It should be further noted that the Group has its own “Anti-Insider Trading Regulations” to prevent officers, employees, etc. from being involved in insider trading.