Marubeni Corporation (the Company) has a basic policy on information disclosure to all our stakeholders, including investors, regarding the appropriate disclosure of information concerning our Group.
The following is our basic policy when we disclose information.
Comply with relevant laws, such as the Financial Instruments and Exchange Act and the Companies Act, as well as regulations of stock exchanges.
Disclose in a timely manner without delay any facts which should be disclosed when found.
Always disclose factual information regardless of its content.
Disclose necessary and sufficient information without creating misunderstanding.
Consistently disclose information by a method which is equally accessible to our stakeholders, while giving full consideration to prevent any selective disclosure.
Maintain continuity of content of disclosed information.
No information is to be leaked to a third party before an official disclosure is made.
This basic policy applies to the following information disclosure.
Disclosures in accordance with regulations of stock exchanges
Integrated Reports, Shareholders’ Reports, Mid-Term Management Strategy, etc.
The Company’s Disclosure Committee has been set up in order to construct, maintain, and manage a proper information disclosure system. The committee is chaired by a Representative Director nominated by the President or an equivalent person, and operates under the direct control of the President. The committee formulates general rules and basic policies for disclosure; constructs and adjusts the company structure concerning statutory disclosure and timely disclosure; and assesses the significance and validity of statutory disclosure and timely disclosure.
In principle, the Company does not comment on inquiries regarding rumors in the market.However, if it is determined that there may be a significant impact on the Company caused by ignoring a specific rumor, appropriate action will be taken, such as issuing voluntary news releases.
In order to enable investors to make appropriate assessments of the Company’s business and future performance, information related to business result forecasts and other future projections will be accompanied by a forward-looking statements disclaimer to clearly indicate that the actual future results may differ.
Officers responsible for information disclosure will make efforts to gather information. If any information requiring timely disclosure is grasped, the officer will report it to the Corporate Communications Department (department in charge of information disclosure).The Corporate Communications Department reports information requiring timely disclosure to the Corporate Accounting Department in charge of provisional financial reporting.
The necessity to disclose information is discussed and confirmed with the relevant divisions and departments.If necessary, the matter is brought up for discussion by the Disclosure Committee.Important matters are brought up for resolution by the Corporate Management Committee and/or Board of Directors.
After obtaining approval from the CXO under whose jurisdiction the Corporate Communications Department falls (and after being resolved by the Corporate Management Committee and/or the Board of Directors on important matters), information for timely disclosure is submitted to securities exchanges via TDNET. For reference, statutory disclosures, excluding disclosures based on Fair Disclosure Rules, are provided via EDINET, etc. The information that is disclosed in accordance with Fair Disclosure Rules is posted on the Company website.
In keeping with the corporate creed of Fairness, Innovation, and Harmony, we strive to build relationships of trust with all stakeholders, including shareholders and investors, by providing information properly, fairly and in a timely manner, as well as in ways that are easy to understand. This information includes financial and business performance information as well as non-financial information needed to make investment decisions such as management strategy, in addition to the information that must be disclosed for statutory compliance. We aim to achieve sustainable growth in corporate value by obtaining remarks from stakeholders through an effective two-way dialogue, and sharing them within the Company including the management and directors.
Provide fair and clear disclosure of information based on the precepts of the Fair Disclosure Rules stipulated in the Financial Instruments and Exchange Act, as well as statutory and timely disclosures. Through this, we will fulfill our responsibility for accountability to all stakeholders while engaging in a sincere dialogue.
The management, including the President, CFO and directors, will actively participate in various IR events to increase the opportunities for dialogue with shareholders and investors. For the planning and operation of IR events, and the creation of publications and IR website content, we keep ourselves innovative in making the content easy to understand for participants/viewers, while maintaining a broad perspective.
The opinions and requests obtained through dialogue with shareholders and investors, mainly by the President, CFO and department responsible for IR & SR, will be collected and shared as feedback within the Company including the management and directors. The department responsible for IR & SR will lead the organic coordination within the Company through timely sharing of information among relevant departments.
A quiet period of three weeks prior to the announcement of financial results for quarters and full year is observed in order to prevent leak of financial information. During this period, representatives of the Company will refrain from answering questions or making comments related to the financial results or performance forecasts. However, this quiet period does not apply to other information including statutory and timely disclosures.
