Management PolicyDisclosure Policy
The MORESCO Corporate Behavior Charter states "We will communicate with shareholders and various other members of society, and will disclose corporate information in an appropriate and fair manner." In line with this, we will endeavor to carry out our responsibility of accountability to stakeholders by proactively disclosing information and striving toward highly transparent business activities. The basic policy regarding information disclosure is established below and published as our Disclosure Policy. We will endeavor to engage in active and constructive dialogue with shareholders and investors in accordance with this policy.
１. Information Disclosure Standards
The company shall disclose information in accordance with the Companies Act, the Financial Instruments and Exchange Act and other related laws, and the Rules for Timely Disclosure of Company Information (Timely Disclosure Rules) set forth in the Securities Listing Regulations of the Tokyo Stock Exchange. With respect to information that does not fall under Timely Disclosure Rules, we will proactively and fairly disclose corporate information that is necessary or useful to shareholders and investors. Additionally, we will also actively disclose information by holding Financial Results Briefings and publishing these briefings.
２. Information Disclosure Method
The company will disclose information that falls under Timely Disclosure Rules in the timely disclosure information transmission system (TDnet) provided by the Tokyo Stock Exchange. The disclosed information will also be posted on the company website as well as published in newspapers and other news media. Additionally, we will disclose on our website information that does not fall under Timely Disclosure Rules but is necessary or useful to shareholders, investors, and so on, and may influence investment decisions.
３. Information Management
We have established Regulations to Prevent Insider Trading for all executives and employees of the company and strive for thorough management of insider information. Additionally, management staff and IR staff, including the chairman and president, will work to be sufficiently cautious regarding the handling of insider information and/or other important information during dialogues with investors and conduct fair dialogue.
４. Period of Silence
In order to prevent leaks of financial results information and to ensure fairness, we will establish a period of silence from the day after the closing date of each quarter until the date of announcement of financial results, during which we will refrain from commenting on financial results or responding to questions regarding financial results. However, in the case of a matter that falls under Timely Disclosure Rules, for example if it becomes apparent during the period of silence that the earnings forecast is likely to change significantly, we will disclose information in accordance with the Timely Disclosure Rules.
５. Handling of Business Forecasts and Future Information
When the company discloses performance forecasts, strategies, policies, targets, and so on, these are based on the information that the company has at that time, as well as plans and judgements based on certain assumptions deemed reasonable. Actual performance may significantly differ due to various risks and uncertainties.