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Disclosure Policy

In the spirit of the Seibu Group's “Group Vision,” the Company is working to secure the understanding and trust of stakeholders such as shareholders and investors by disclosing company information in a timely and impartial manner.

1. Information Disclosure Standards

The Company discloses information according to the Financial Instruments and Exchange Act, other laws and regulations, and the Securities Listing Regulations established by the Tokyo Stock Exchange.

Also, any other information that is believed to be beneficial to improving the understanding of the Group is proactively disclosed.

2. Methods of Information Disclosure

Information that needs to be disclosed in accordance with the Securities Listing Regulations is disclosed through the Tokyo Stock Exchange's Timely Disclosure network (TDnet) and through press releases, and soon after that is posted on the Company's website.

Also, any other information is disclosed in as impartial and widespread a manner as possible mainly by posting it on the Company's website.

3. Forward-Looking Statements

Although the information disclosed by the Company contains forward-looking statements, these statements are based on decisions made by the Company pursuant to information that is currently available to it, and contains risks and uncertainties. Accordingly, the actual performance, results, etc., may differ from those set forth in the forward-looking statements.

4. Quiet Period

To prevent leaks of information on financial results, and ensure impartiality, the Company has a quiet period prior to the presentation of financial results, generally lasting three weeks. During this period the Company refrains from answering questions or making comments on financial results. However, the Company will, as appropriate, disclose information during the quiet period in the event that earnings forecasts are expected to change significantly.

5. Other

When using the Company's website, please refer to the separately published disclaimer in addition to this disclosure policy.