1.Disclosure Criteria
The Company discloses information in accordance with the Securities and Exchange Law, the Company Law, and rules related
to the up-to-date disclosure of corporate information of the issuer of marketable securities stipulated by the Securities
Exchange (referred to below as timely disclosure rules). In addition, the basic stance of the Company is to strive to fair,
up-to-date, and proper disclosure of information as requested by shareholders and investors regardless of whether such requested
information is covered by the timely disclosure rules or not.
2.Disclosure Method
The information covered by timely disclosure rules is made available through TD-NET (Timely Disclosure Network) provided
by the Tokyo Stock Exchange in accordance with the same rules, and the same information is provided as quickly as possible
on the Company's website after the release over TD-NET. In addition, consideration is given to providing information that
is not covered by the timely disclosure rules to shareholders and investors in a fair, up-to-date, and proper manner based
on the idea of timely disclosure.
3.Quiet Period
The Company has established a "quiet period" immediately before the announcement of earnings and refrains from
providing comments and responses to inquiries related to earnings in order to prevent the leak of information that could
affect the share price during the time the earnings report is being prepared. However, in the case that during the quiet
period the possibility arises that there will be substantial difference from previously announced earnings forecasts, this
information will be appropriately released.
4.Future projections
Items, such as plans, forecasts, and business targets that are posted on the Company's website and that are not historical
facts, are based on decisions and assumptions made by the Company taking into consideration information available at that
time. Actual results may substantially differ from these items as a result of various factors. Factors that could affect
earnings include economic conditions, the price of oil, the market for and supply and demand trend of petroleum products,
and exchange rates, but are not limited to these factors.
5.Investment decisions
Information posted on this page has been provided in order to increase viewer's understanding of the company not to solicit
investments. Investment related decisions should be based on one's own decision.
