IR Activities and Information Disclosure Policy

Basic Policy

SNBL will disclose information in a timely and fair manner in order to deliver useful information to all stakeholders, including shareholders and investors. In addition, we will enhance IR activities and information disclosure in order to maximize corporate value by improving understanding of our business activities by all stakeholders and building relationships of trust.

Information Disclosure Standards

Our company discloses matters that have a significant impact on investment decisions in accordance with laws such as the Companies Act and the Financial Instruments and Exchange Act, or the Tokyo Stock Exchange's "Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities" (hereinafter referred to as "Timely Disclosure Rules"). In addition, we will provide clear and timely disclosure of management and financial information, as well as non-financial information related to environmental and social aspects, which are deemed useful for understanding our company, as fairly as possible.

Method of Disclosure

Information subject to the Timely Disclosure Rules is disclosed through the Tokyo Stock Exchange's 'Timely Disclosure Network' (TDnet) and distributed to the media (press releases). In addition, from the perspective of 'timeliness' and 'fairness' of information disclosure, information disclosed via TDnet and press releases will be promptly disclosed on our website in both Japanese and English as a basic principle.

Information Disclosure System

In order to ensure a timely, appropriate, and fair information disclosure system, SNBL has established a communication system with related internal departments and subsidiaries. The procedures for disclosing information subject to our timely disclosure are as follows.

Decision facts

The IR Public Relations Department analyzes the content of information reported by each department of our company and group companies in collaboration with the Finance and Accounting Department and the Business Strategy Department, among others, to determine the necessity of disclosure and the content and method of disclosure in light of the Timely Disclosure Rules and other regulations. If it is determined that the matter is important and subject to timely disclosure, it will be promptly disclosed following a resolution by the Board of Directors.

Facts of what happened

Regarding the occurrence of facts, the IR Public Relations Department collects information from each department of our company and group companies, scrutinizes the content of the information in collaboration with the Finance and Accounting Department and the Business Strategy Department, and promptly discloses it upon confirmation by the Representative Director.

Financial Information

Regarding financial results information, the Finance and Accounting Department consults with auditors and external experts as necessary, and the IR Public Relations Department scrutinizes the financial disclosure materials, which are promptly disclosed following a resolution by the Board of Directors.

Overview of timely disclosure system

Enhancing Dialogue with Shareholders and Investors

In addition to timely disclosure and dissemination of information through press releases, SNBL holds financial results briefings for analysts, institutional investors, and other stakeholders at least twice a year, with management as speakers, and publishes the audio and materials on the Company's website. In addition, we strive to enhance two-way and sincere communication through daily inquiries from external stakeholders, including shareholders and investors, meetings with institutional investors and securities analysts, and investor conferences hosted by securities companies. In addition, the opinions and requests received from shareholders and investors through these activities will be shared with the management team in order to be used as a reference for the management of the company to improve corporate value.

SNBL 's IR Activity Structure

SNBL 's IR Activity Structure

Quiet Period

In order to prevent the leakage of financial results information and other information that may affect the stock price, and to ensure fairness, SNBL has designated the period from the day after the fiscal year end to the date of the announcement of financial results as a "quiet period." During this period, we will refrain from responding to any comments or inquiries related to the settlement of accounts. However, even during the quiet period, the Company may make timely disclosures regarding revisions to earnings forecasts and dividend forecasts in accordance with the Timely Disclosure Rules of the Tokyo Stock Exchange.

Cautionary Notes Regarding Future Information on This Website

SNBL disseminates a variety of information through this website so that all stakeholders, including shareholders and investors, can deepen their understanding of the Company, but this information is not intended to solicit investment. Please make investment decisions based on your own judgment. As a general rule, timely disclosure information is also posted on the Company's website as soon as possible after the information is disclosed via TDnet, but the Company's website does not post all information transmitted by the Company, including some of the timely disclosure information. In addition, there may be delays in posting due to information and communication technology failures. In addition, the information contained herein that is not historical fact is based on forward-looking statements made by the Company based on certain assumptions derived from information available at the time. Please be aware that actual results may differ significantly from these forecasts due to changes in economic conditions and various factors. Although we pay close attention to the content posted on the website, please note that we are not responsible for any damage caused by errors in information or downloading data.