Yume no MachiSouzou Iinkai Co., Ltd.

Disclosure Policy

1. Disclosure Standards for Corporate Information

The Yume no Machi Souzou Iinkai Group has established a disclosure policy to comply with related laws and regulations such as the Financial Instruments and Exchange Act and the Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities ("Timely Disclosure Rules," hereafter) set forth by Tokyo Stock Exchange, Inc. Further, to ensure our corporate activities are carried out to high ethical standards and to maintain management transparency, we endeavor to provide all stakeholders including investors with important corporate information in a swift, accurate and fair manner.

2. How Corporate Information is Disclosed

With regard to information required to be disclosed under the Timely Disclosure Rules, we have established an internal framework to ensure that "information on decisions made by the company" can be promptly disclosed at the point a resolution or decision has been made by a body tasked with making substantial executive decisions for the company, such as a resolution made by the Board of Directors, and "information on occurrence of material facts" when recognized as such. The disclosure itself is carried out through the Timely Disclosure Network (TDnet) operated by the Tokyo Stock Exchange. In addition, for corporate information not covered by the Timely Disclosure Rules, we also make use of TDnet and other appropriate means in an effort to provide the information in an accurate and fair manner whenever possible.

3. Quiet Period

To prevent the leaking of financial information and ensure fairness, the Group establishes a quiet period during which it refrains from answering questions or making comments regarding its financial results for a period of around three weeks before the end of the accounting period until the date its financial results are announced. However, if we develop the expectation that actual financial results will significantly diverge from expectations during this quiet period, we will promptly make a disclosure in accordance with the Timely Disclosure Rules.

4. Disclaimer

When searching for company information on the website, please reference the separate-listed Disclaimer in addition to the Disclosure Policy.