Disclosure Policy

(1)Basic Disclosure Policy

We recognize that maintaining transparency, fairness and disclosing information in a prompt and appropriate manner are important management obligations. We constantly strive to disclose corporate information in a fair and appropriate manner from the perspective of investors.
We disclose corporate information in accordance with the Financial Instruments and Exchange Act and the timely disclosure rules stipulated by the Tokyo Stock Exchange.
In addition, even information that is not applicable to the above categories, we actively disclose the information that we believe enhances transparency.

(2)System and Method of
      Information Disclosure

We have appointed the Director and CFO as the person in charge of information handling, and the IR department in charge of information disclosure.
When important matters are decided or occurred, information from related departments is consolidated, confirmed and managed, and promptly disclosed at the discretion of the President and Representative Director and the person responsible for handling information.
Information disclosure to the Tokyo Stock Exchange which requires a resolution by the Board of Directors is disclosed after the resolution. Others are disclosed after reporting to the President and Chief Executive Officer. After a preliminary briefing to the Tokyo Stock Exchange, the information is promptly registered on TDnet Online Registration System and posted on our website.
Directors who are full-time Audit and Supervisory Committee members attend meetings of the Board of Directors, the President's Meeting, and other important meetings to identify the content of important matters and to check the system for collecting information and disclosing information as needed.

(3)Silent Period

In order to prevent the leakage of financial information and to provide fair disclosure, we set the period from the day after the quarterly closing date to the announcement of financial results as a silent period. During this period, we will refrain from responding to any inquiries related to financial results.
Even during the silent period, we will disclose information that falls under various laws and regulations or timely disclosure rules in a timely and appropriate manner.
In addition, this is not limited to inquiries regarding information that has already been released or information that has been released during the silent period.


The information we disclose is intended to provide general information about our group and is not intended to solicit investments in equity or other securities issued by us.
The information contained in this disclosure concerning factors such as industry, market trends or economic conditions is based on information currently available, and we cannot guarantee the truthfulness, accuracy, reasonableness or comprehensiveness of the information.
In addition, our plans, estimates, projections, forecasts and other forward-looking statements disclosed by us are based on our beliefs or assumptions as of the time of disclosure, and there can be no assurance or guarantee that future planned numerical values and measures will be realized.
Our actual results of operations, financial condition and other results may differ materially from those disclosed or implied by such information due to changes in economic conditions, market trends in the restaurant industry, changes in consumer preferences and raw material prices, etc.