Tokyu Corporation (the “Company”) strives to ensure the trust and understanding of all stakeholders by making corporate information available in a timely, fair, equitable, impartial and consistent manner while adhering to the following items. 

1. Disclosure Policy

(1) Policies and Standards for Information Disclosure

The Company discloses information by following the Financial Instruments and Exchange Act, other laws and ordinances (“laws and ordinances”), and the Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities (“Timely Disclosure Rules”) stipulated by the Tokyo Stock Exchange. 
Moreover, the Company proactively discloses information to which laws and ordinances and the Timely Disclosure Rules do not apply, if such disclosure is considered to effectively promote public understanding of the Company. 

(2) Covered Disclosures

This Policy applies to the following types of disclosure, governing information which is to be made public or assumed to be made public.

 

【Material Facts】

■Disclosure requested by the Tokyo Stock Exchange

 Information which the Tokyo Stock Exchange requests us to disclose in a timely manner, including 1) material facts related to corporate decisions and occurrences, etc. or 2) corporate governance reports, notices filed to the TSE regarding appointment of executives, etc.

■Disclosure based on the Financial Instruments and Exchange Act

 Security reports, Quarterly Reports, Internal Control Reports, Extraordinary Reports, etc.

■Disclosure based on the Companies Act

 Business reports, Financial Statements /Consolidated Financial Statements and supplementary schedules, etc.

【Other Information Disclosure】

■Disclosure of other information

 Financial results materials, Monthly Data, Integrated Reports, Fact Sheet, News Release and other materials disclosed on our website and other voluntary disclosures, etc.

(3) Information disclosure methods

Information that falls within the scope of the Timely Disclosure Rules is disclosed in accordance with the said Rules, via the Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange and relevant correspondents’ clubs. The said information will be posted on the Company’s website immediately following such disclosure. 
Information that has the potential to affect investment decisions is promptly disclosed in a timely and appropriate manner, even if the Timely Disclosure Rules does not apply.

(4) Quiet period

To prevent the leakage of financial closing information and ensure fairness, the Company observes a quiet period of two weeks prior to the announcement of each quarter's results and financial results announcement. During a quiet period, the Company refrains from making comments or responding to inquiries about its financial results; provided, however, when it becomes clear that differences from business forecasts that occur during a quiet period fall within the scope of the Timely Disclosure Rules, the Company discloses relevant information in accordance with the Timely Disclosure Rules.

(5) Disclaimer

The Company discloses information as part of its IR activities, which is in no way to be construed as an investment solicitation. 
All information disclosed by the Company, except historical facts, constitutes forward looking statements based on judgments made by the Company’s management drawn from currently available information. Please note that actual results may differ from the forward looking statements. 
While the Company takes great care with the information presented on its website, it bears no liability of any kind for damages, etc. from erroneous data posted, data falsified by third parties or information that is downloaded.

 

Information Disclosure Structure

2. Policy on Constructive Dialogue with Shareholders and Investors

(1) Spokesperson for IR activities

To ensure the accuracy of information and fairness of disclosure, the spokespersons for investor relations activities engaged in by the Company shall, in principle, be the president & representative director and the executive officer in charge of investor relations, executive officers, and personnel with responsibility for investor relations. And, directors (including external directors), Audit & Supervisory Board Members, other officers and employees may have responsibility for acting as spokespersons as the need arises.

(2) Cooperation between division in charge and related sectors

The IR department, located in the Finance & Accounting Strategy Headquarters, plays a central role in the daily coordination with related departments such as General Affairs and Corporate Planning.

(3) Efforts on enhancement of dialogue measures

The Company's basic policy regarding dialogue with shareholders and institutional investors is for the President & Representative Director and the Executive Officer in charge of IR to hold annual and half year results presentations and annual investor meetings in Europe, North America and Asia in addition to active involvement in individual meetings.

(4) Proper Feedback on IR activities

The status of IR activities and details of the opinions put forward by shareholders and institutional investors and Q&A are regularly reported to Directors and Audit & Supervisory Board Members, Executive Officers, and others at meetings of the Board of Directors and other meetings and reflected in management.

3. Other Notices

The English language section of this site is provided for the convenience of readers only and does not include all information available on the Japanese sections of this website. The selection of certain materials for presentation in English may be based only on the availability of English translations of those materials and does not necessarily reflect any judgment on the part of Tokyu Corporation of their relative priority, importance or relevance, nor is the selection process guided or necessarily bound by any particular legal, regulatory, or contractual requirements. To the extent translations have been included, Tokyu Corporation does not warrant the fidelity of any English translations to their originals and will not be liable for any damages resulting from errors, inconsistencies, or ambiguities in translated documents.

 

Tokyu Corporation does not guarantee the accuracy or completeness of the information contained herein or that the form in which any information is disclosed herein satisfies or complies with any particular law, regulation, or rule. Financial statements herein have been prepared in accordance with accounting principles generally accepted in Japan. Information contained in financial statements, press releases, and other documents included in this website cannot be assumed to be accurate at any time other than the respective issue date of such documents. While Tokyu Corporation may change or update the information on this site at any time and without notice, it hereby disclaims any intention or obligation to update such information.

 

This site and the information and materials herein are provided "as is" and without warranties of any kind. Tokyu Corporation hereby disclaims all warranties, express or implied, including without limitation implied warranties of fitness for a particular purpose, non-infringement, freedom from computer virus, and warranties arising from course of dealing or course of performance. In no event shall Tokyu Corporation be liable for any damages whatsoever, including without limitation lost profits, business interruption, damage to equipment, computer programs, or information systems, or the loss of any information or data, arising out of or in connection with the use, inability to use, or performance of the information and materials available from this site.

 

This information contained on this website is neither an offer to sell, nor a solicitation of an offer to buy, any securities of Tokyu Corporation or any other company affiliated with Tokyu Corporation or otherwise.

 

Tokyu Corporation reserves the right to change or update this Disclaimer at any time and without notice.

 

(Forward looking statements)
Any information or statements contained in this website that are not a matter of historical fact are deemed to be forward-looking. While these statements, at the time of their issue, reflected the judgment of Tokyu Corporation and its management on current expectations and what the future may hold, and Tokyu Corporation and its management believed at the time that these judgments were reasonable, actual results may differ materially due to numerous important factors, risks and uncertainties. Tokyu Corporation does not undertake any duty to update any forward-looking statements.