IntroductionESPEC's corporate philosophy emphasizes the development of better relationships and enhanced value exchangeability with all stakeholders, and the fulfillment of social responsibilities as a good corporate citizen. This philosophy is reflected in ESPEC's clearly defined investor relations (IR) policy, as detailed below. |
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1. AimsIn conducting IR activities, ESPEC aims to deepen understanding of ESPEC among all of its stakeholders, including shareholders and investors, and build closer relationships of trust, thereby ensuring that its corporate value is fairly assessed. ESPEC also hopes to enhance the quality of management by effectively incorporating feedback and evaluations from the market into its corporate activities. |
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2. Basic StanceESPEC recognizes that it is an important responsibility of management to disclose corporate information properly and promptly, and has remained faithful to the basic stance to provide accurate corporate data consistently, in good faith, fairly and in a timely manner, irrespective of whether business performance is favorable or not. |
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3. Information Disclosure Standards and MethodsESPEC discloses information in accordance with the relevant laws and regulations, including the Corporate Law, the Financial Products Exchange Law, and the timely disclosure rules stipulated by stock exchanges. ESPEC will also voluntarily and fairly provide information that may contribute to a better understanding of its activities, even if its disclosure is not required under any of these laws and regulations. As part of its efforts to ensure the reliability and usefulness of disclosed information, ESPEC has established an Information Disclosure Committee, while channeling all responses to inquiries solely through IR spokespersons. |
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4. Future Plans and ForecastsInformation disclosed by ESPEC may include performance forecasts or other references to the future outlook. Such references reflect ESPEC's plans and forecasts based on information available at the time, and it is possible that actual results will vary from figures cited in plans due to various fluctuations in the business environment. For this reason, ESPEC provides no firm guarantee that forecasts will be realized. |
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5. Quiet PeriodESPEC maintains a two-week quiet period before the scheduled publication of its financial results in order to prevent any possible leakage of information that might influence the share price while the results are being prepared for publication. During this period, no IR activities will be undertaken, including responses to media coverage, in principle. However, relevant information will be disclosed as necessary in accordance with the disclosure rules if it is anticipated that the results will vary significantly from performance forecasts. |
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6. Ensuring Internal Compliance with IR PolicyESPEC is fully aware of the importance of IR and will continue to ensure full internal compliance with its IR policy through employee education. |
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ESPEC Corp.
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