Disclosure Policy

1. Basic Approach to Disclosure

Meiji Holdings strives for seamless communication with our shareholders, investors, and all other stakeholders based on the spirit of “disclosing information in a timely and appropriate manner” as stated in the Meiji Group Corporate Behavior Charter. We endeavor to provide information promptly and proactively based on the principles of transparency, fairness, and consistency. Our goal in doing so is to enable all stakeholders to understand, trust, and properly evaluate our company.

2. Disclosure Standards

Meiji Holdings discloses information in accordance with the Financial Instruments and Exchange Act and other related laws and regulations, and the rules for timely disclosure set forth by the stock exchange on which our company is listed (hereafter, the “rules for timely disclosure”).

We endeavor to proactively disclose information that could materially influence investment decisions by our shareholders and investors, or that is considered useful in aiding our stakeholders and investors to gain further understanding of our company, even if such information is not required under related laws and regulations, and the rules for timely disclosure.

3. Method of Disclosure

Information for which disclosure is required under related laws and regulations, and the rules for timely disclosure is disclosed according to the appropriate means for that information. Please consult the “Meiji Holdings Timely Disclosure Structure (Diagram)” appended to our Corporate Governance Report for further details on the structure of timely disclosure at our company. We also promptly post the information that has already been disclosed on our corporate website to ensure that disclosure is both timely and fair.

Information for which disclosure is not required under related laws and regulations, and the rules for timely disclosure is disclosed by methods that are appropriate for that information. Such methods include distributing press releases, holding press conferences and presentations, and posting materials on our corporate website.

All information disclosed by our company is not necessarily posted on our corporate website. Posting on the website may be delayed by the need to prepare it for posting. The contents of the website may also change or be eliminated without notice. Please be aware of this in advance.

4. Information Concerning Forward-Looking Statements

Information disclosed by Meiji Holdings may include future forecasts and strategies that are not historical facts but are based on conclusions and assumptions we judged to be reasonable given the information available at the time. We do not guarantee the appropriateness and accuracy of such conclusions and assumptions. We caution users of such information that actual performance may vary greatly from these forecasts as a result of a variety of different factors, including changes in economic conditions or market environment. Please consult the “Business Risks” on our corporate website for further details.

5. Quiet Period

To prevent leaks of financial reporting information and to ensure fairness, we have established a quiet period that begins on the day following each quarterly financial closing date and ends on the day of the announcement of the quarterly financial results. During the quiet period, we will not answer any questions nor accept any appointments for coverage related to financial reporting information. However, if during this quiet period we think it is likely that the actual results will differ substantially from previous forecasts, we will duly disclose information pursuant to the rules for timely disclosure.

6. Fair Disclosure to Third Parties and Response to Company-related Information Communicated by Third Parties

Meiji Holdings discloses material information that could influence investment decisions in a fair and impartial manner in our interactions with investors, analysts and other stakeholders. In meetings, we only mention facts that have already been disclosed, generally known facts, or other information on such topics as the general business environment. Moreover, we are not in a position to comment on different types of information communicated by third parties, such as company ratings and results forecasts.

7. Disclaimer on Use of Information Disclosed

Information disclosed by Meiji Holdings is intended to deepen the understanding of our company; it is not intended for purposes of soliciting investment in our company. Users of such information should exercise their own judgement in making a decision concerning investment. Our company and those of it who provide such information bear no liability whatsoever for any loss that a user of such information might sustain.