Disclosure Policy
1.Information Disclosure Standards
Mugen Estate (hereinafter referred to as“the Company“) discloses information promptly based on transparency, fairness, and continuity in accordance with the Financial Instruments and Exchange Act, other laws and regulations, and Timely Disclosure of Corporate Information stipulated in the Securities Listing Regulations established by the Tokyo Stock Exchange (Articles 402 through 420, hereinafter referred to as "Timely Disclosure Rules"). In addition, the Company has a policy to disclose information proactively and fairly that is judged to be important or beneficial to enhancing shareholders' and investors' understanding of the Company, even in cases where laws, regulations, or the Timely Disclosure Rules do not apply.
The Company will not disclose personal information, customer information, or any other information the disclosure of which would infringe upon the rights of the relevant party.
2.Information Disclosure Methods
In accordance with the above rules, the Company discloses information specified in the Timely Disclosure Rules via the Timely Disclosure Network (TDnet) system provided by the Tokyo Stock Exchange, and also posts on the Company's website immediately following its disclosure via TDnet. The Company also discloses information judged to be important or beneficial to enhancing shareholders' and investors' understanding of the Company, such as by posting it on the Company's website, even when the Timely Disclosure Rules do not apply to the information.
3.Prevention of Insider Trading
Regarding prevention of insider trading, the Company has established compliance rules and insider trading prevention rules, under which it takes measures for preventing insider trading. In addition, the Company gives a workshop on insider trading regulations to its officers and employees every year, distributes explanatory guidebooks to them, and takes other measures to inform them of the intent of the regulations and promote their understanding and awareness of the regulations. The Company also uses internal notifications to raise awareness of insider trading regulations as necessary.
4.Handling of Earnings Forecasts and Future Information
Earnings forecasts, future prospects, strategies or targets, etc., disclosed by the Company, other than those relating to past or present facts, are forward-looking statements about the future. These statements are based on information currently available and plans, expectations and judgments based on certain assumptions that are judged to be reasonable. Actual results may differ significantly due to risks and uncertain factors.
5.Quiet Period
To prevent the leakage of financial results (including quarterly results) information and to ensure the fairness of disclosure, the Company has adopted a quiet period that extends from the day following the last day of the (quarterly) accounting period to the day of the announcement of financial results for the corresponding accounting period. During this quiet period, the Company refrains from answering questions about or commenting on its financial results or earnings forecasts. In case earnings forecasts are expected to change greatly during a quiet period, the Company will disclose information in an appropriate and timely manner in accordance with the Timely Disclosure Rules.
6.Development of Internal Systems/Structures
In accordance with this Disclosure Policy, the Company strives to improve and enhance its internal systems and structures to disclose information in an appropriate manner in accordance with relevant laws and regulations, and the Timely Disclosure Rules.