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Disclosure & IR Policies


Disclosure Policy

Basic Principle
Aiming to promote sustainable corporate growth and improve its value, Asahi Printing Co., Ltd. (hereafter the “Asahi”) pays regard to the spirit of Fair Disclosure Rule established by Financial Instruments and Exchange Act and strives to prohibit selective disclosure and promote fair disclosure in order to deepen our stakeholders’ understanding and reliance on our business activities to enable their proper evaluation.

Information Disclosure Standards
1. Disclosure of Material Information
Asahi will disclose information in compliance with the Financial Instruments and Exchange Act and other legislation as well as the timely disclosure of corporate information stipulated by the Tokyo Stock Exchange (TSE) on which Asahi is listed (hereafter the “Timely Disclosure Rule”). Additionally, material information will be determined by the responsible personnel for handling information (Senior Manager of Production Division) *1 upon consultation with relevant departments within the company according to the contents of the information concerned.
2. Voluntary Disclosure
Any information not subjected to the above rules on timely disclosure will be disclosed by us to ensure the timeliness and fairness if we consider it likely to influence the investment decisions.

Information Disclosure Methods
The disclosure of the material information prescribed in the rules for timely disclosure will be made through “TDnet (the Timely Disclosure Network) “provided by the Tokyo Stock Exchange. The information disclosed on TDnet will also be disclosed promptly via the Asahi website.

Quiet Period
To prevent leaks of financial results before the announcement and to assure fairness of disclosure, Asahi have defined the quiet period as the time starting from the day after the closing date to the date on which earnings are announced. During this period, we refrain from making any comments or responses to inquiries related to the financial results. However, in the event that it is determined that results are expected to differ substantially from forecasts during the quiet period, the information will be appropriately disclosed following the Timely Disclosure Rule.

Performance Forecasts and Predictions about the Future
The statements of information on performance forecasts and predictions about the future disclosed by Asahi are judgements and assumptions made with information available at the time of announcement and involve risks and other uncertain factors. Therefore, actual performance may differ from the prediction due to various risks and uncertain factors.

Internal System for Disclosure
Asahi strives to establish internal system and to provide education for directors and responsible personnel to ensure appropriate information disclosure, in accordance with various laws and regulations and the Timely Disclosure Rules, based on this Disclosure Policy.
Moreover, the dialogues between Asahi and its shareholders are controlled by the IR department (Corporate Section, Business Management Department ) and supervised by responsible IR director(s). Our IR department cooperates with other internal departments in collecting and analyzing the information during the dialogue with our shareholders, to ensure the company to make the right decisions before disclosure.

IR Policy

It is important that our investors have better understanding on Asahi Printing Co., Ltd. to enhance its corporate value. Therefore, Asahi communicates with our investors through company briefings for individual investors and institutional investors, website, timely disclosure, and IR materials. We also endeavor to ensure fair disclosure of information and clear explanation based on this Disclosure Policy. Asahi strives to enhance its IR activities toward deepening mutual understanding with our various stakeholders including our customers and employees to improve our corporate value.
Opinions collected from stakeholders through information disclosure will be used in-house as a point of reference for corporate management.

Note*1: the responsible personnel for handling information (General Manager of Administrative Division) = the responsible director for disclosure (TSE registered)

Released in June 2018

TOP MESSAGE For Details Representative Director and President Shigenori Asahi