1. Basic Policy on Information Disclosure
In addition to disclosing information in accordance with the Companies Act, the Financial Instruments and Exchange Act and other laws and regulations including the rules for timely disclosure of corporate information set forth in the “Securities Listing Regulations” of the Tokyo Stock Exchange (hereinafter referred to as the “Timely Disclosure Rules”), TAUNS Laboratories, Inc. (hereinafter referred to as the “Company”) has a policy of actively and fairly disclosing information that the Company deems important or useful for shareholders and investors to understand the Company. The Company, however, does not disclose personal information, customer information, or information that may violate the rights of related parties.
2. Method of Information Disclosure
The Company discloses information subject to the Timely Disclosure Rules through the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange, and discloses annual securities reports, semiannual securities reports, and other disclosure measures of the Financial Instruments and Exchange Act through the Financial Services Agency’s Electronic Disclosure for Investors’ Network (EDINET), and then promptly posts such information on our website. In addition, the Company also endeavors to disclose information that the Company considers important or useful for shareholders and investors to understand the Company in an active and fair manner by posting such information on our website.
3. Prevention of Insider Trading
The Company has established internal rules to properly manage important information and prevent insider trading, and strives to ensure that all directors and employees are fully aware of and understand the purpose of these rules by holding study sessions on insider trading regulations. The Company also issues internal notices as necessary to alert employees to insider trading.
4. Quiet Period
To prevent financial information leaks and to ensure fairness, the Company has established a quiet period from the day after the end of each quarter until the day of each earnings release. During this period, the Company refrains from commenting on or answering questions about financial results and guidance. However, even during the quiet period, the Company will disclose information as appropriate in accordance with the Timely Disclosure Rules if the Company anticipates a significant deviation from our published earnings guidance.
5. Establishment of Internal System
Consistent with this Disclosure Policy, the Company is committed to developing and improving our internal systems to ensure timely and appropriate disclosure of information in accordance with all laws and regulations and the Timely Disclosure Rules.
6. Others
When viewing information on our website, please refer not only to this Disclosure Policy, but also to Disclaimer and other precautions posted separately on our website.
