The status of internal framework for timely disclosure of corporate information of the Company are as follows:
(1) Decisions resolved
Based on the Company’s policy to ensure speedy decision-making, important decisions are made at the meeting of the Board of Directors basically held once a month and, if necessary, at the extraordinary meeting of the Board of Directors held for that purpose. We consider whether determined important matters should be disclosed mainly with a person responsible for the administration department, and strive to promptly disclose them if necessary. In addition, Audit & Supervisory Board Members attend the meetings of the Board of Directors. In addition, we undergo audits by the Financial Auditor and receive advice from attorneys at law, tax accountants, etc. as necessary, while striving to disclose accurate and fair company information.
(2) Material events
Following the occurrence of an accident, disaster, lawsuit, etc., we collect information at the Crisis Management Headquarters, and consider and prepare for the disclosure of information centering on a person in charge of the administration department. Regarding other material event, if information obtained from the said department falls under an item requiring timely disclosure, we consider and promptly disclose the information centering on the person in charge of the management department by sending reports to management or, if necessary, through a resolution of the Board of Directors.
(3) Information related to financial results
Information related to financial results is prepared, managed, and disclosed by the Finance Department. Numeric values in financial results, etc. are determined by the Board of Directors following an audit by the Financial Auditor and an audit by the Audit & Supervisory Board, and then the Finance Department promptly discloses the values, etc. in a timely manner.