To ensure fair, timely, and appropriate disclosure of information to shareholders, investors, and all other stakeholders, Hakuten Corporation (the “Company”) has established the following disclosure policy.
Basic Policy on Information Disclosure
The Company is committed to providing fair, timely, and transparent information disclosure in order to maintain and further strengthen relationships of trust with all stakeholders, including shareholders and investors.
The Company also fulfills its responsibilities to stakeholders through proactive communication led by its management team.
The Company recognizes that appropriate information disclosure and constructive dialogue with shareholders and investors are essential to achieving sustainable growth and enhancing corporate value over the medium to long term. Based on this recognition, the Company will continue to enhance its information disclosure and dialogue activities while steadily executing its management strategies, thereby meeting the expectations of shareholders and investors for sustainable growth and medium- to long-term enhancement of corporate value.
Criteria for Information Disclosure
The Company complies with the Financial Instruments and Exchange Act, the Companies Act, other applicable laws and regulations, and the timely disclosure rules established by the Tokyo Stock Exchange.
In addition, the Company will disclose, in a timely, appropriate, and fair manner, material financial and non-financial information regarding management decisions, business developments, and financial results that may influence investment decisions, based on its assessment of materiality.
Methods of Information Disclosure
Information subject to the timely disclosure rules will be disclosed through TDnet (Timely Disclosure Network), operated by the Tokyo Stock Exchange, and EDINET (Electronic Disclosure for Investors’ NETwork), operated by Japan’s Financial Services Agency, and will be promptly posted on the Company’s website.
The Company will also endeavor to disclose information that is not subject to timely disclosure requirements through appropriate channels, including its corporate website, in a fair and timely manner.
Constructive Dialogue with Shareholders and Investors
The Company is committed to promoting constructive dialogue with shareholders and investors.
To facilitate such dialogue, members of senior management and the department responsible for investor relations will respond to shareholders and investors in cooperation with relevant internal departments.
To deepen understanding of the Company’s corporate philosophy, management strategies, business performance, and other matters, the Company conducts general meetings of shareholders, individual meetings with investors, quarterly financial results briefings, and presentations at investor relations events hosted by external organizations. The Company also strives to enhance information dissemination through its website and other communication channels.
Opinions and requests received from shareholders and investors are shared internally and utilized as reference in management decision-making and future dialogue activities, as appropriate.
Prevention of Insider Trading
The Company appropriately manages undisclosed material information in accordance with its internal regulations, including the Insider Trading Prevention Regulations, and strives to prevent insider trading.
Forward-Looking Statements
Information disclosed by the Company regarding earnings forecasts, business plans, strategies, and future outlooks is based on information available at the time of disclosure and certain assumptions deemed reasonable by the Company.
Such statements do not constitute guarantees of future performance or the achievement of planned initiatives and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied.
Actual results may vary significantly due to various factors, including economic conditions, market trends, competitive environments, and other external factors. The Company undertakes no obligation to revise or update forward-looking statements except as required by applicable laws, regulations, or stock exchange rules.
Quiet Period
To prevent the leakage of financial results information and ensure fairness in information disclosure, the Company designates the period from the day following the end of each quarterly accounting period through and including the date of the relevant earnings announcement as a quiet period.
During the quiet period, the Company will refrain from responding to inquiries or commenting on matters related to financial results and business performance.
However, if the Company determines that a significant change to its earnings forecast is likely to occur, it will disclose such information promptly in accordance with applicable disclosure rules.
The Company may continue to respond to inquiries regarding information that has already been publicly disclosed, even during the quiet period.
Disclaimer
Among the outlooks, plans, policies, strategies, and other information concerning the Company posted on this website, any information other than historical or current facts constitutes forward-looking statements regarding future business performance. Such information is based on forecasts made by the Company using information currently available, and actual business performance may be subject to change due to various risk factors and uncertainties, including economic conditions.
This website is not intended for the purpose of soliciting investment. Please refrain from making investment decisions by relying solely on the information posted on this website. Any decisions regarding investments should be made at your own discretion and responsibility.
Please be advised that this website may not contain all of the information disclosed by the Company to the stock exchange in accordance with the timely disclosure rules, and that the information posted on this website may differ in wording from information disclosed by other means. The Company may also change or delete the content of this website without prior notice.
While the Company takes the utmost care with respect to the content posted on this website, it assumes no responsibility whatsoever for any errors in the information posted, data tampering by third parties, or any damage or disruption arising from data downloads or other use of this website. In addition, the Company makes no warranty whatsoever regarding information on other websites linked from this website.