1.Basic Policy for Information Disclosure
Fully recognizing that the timely and appropriate disclosure of corporate information constitutes the foundation of sound capital markets, Nippon Shinyaku is committed to information disclosure in a timely and fair manner to all stakeholders and media outlets in accordance with the Financial Instruments and Exchange Act of Japan and other applicable laws and regulations and the rules and regulations of the stock exchanges where Nippon Shinyaku’s shares are listed.
2.Information Subject to Disclosure
Nippon Shinyaku discloses the following types of information:
- 1) Information that Nippon Shinyaku is required to disclose in compliance with the Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities of the Tokyo Stock Exchange (hereinafter referred to as “Timely Disclosure Rules”) and other rules and regulations
- 2) Information that does not correspond to the description above but may be considered significant for investment decision making
3.Methods of Disclosure
- 1) Material information that Nippon Shinyaku is required to disclose under the Timely Disclosure Rules will be disclosed via the Timely Disclosure Network (“TDnet”).
- 2) Nippon Shinyaku will promptly disclose other types of information through press releases, press conferences and other means, depending on the degree of importance and urgency.
- 3) Information disclosed as per 1) or 2) above will be promptly published on Nippon Shinyaku’s corporate website following disclosure.
4.Disclosure of Future Prospects
The information about future prospects that Nippon Shinyaku discloses may include aspects that are subject to risks and uncertainties regarding the company’s business strategies, plans, and forecasts at the time of disclosure.
5.Response to Market Rumors
Nippon Shinyaku upholds the basic policy of not making any comments on market rumors. However, the company may make an appropriate response in the event that rumors could have significant impact on the capital markets or at the request of the stock exchanges or other responsible organizations.
Nippon Shinyaku designates the period from the next business day of the closing date of each quarter to the day of the announcement of financial results of the quarter a “Quiet Period,” during which the company refrains from making any comments or answering questions on the financial results so as to prevent financial information leakage and ensure fairness. However, in the event that forecasts of results significantly change during the Quiet Period, the company will disclose relevant information in a timely manner as the need arises. Furthermore, even during the Quiet Period, Nippon Shinyaku will also respond to questions regarding information already publicly known at the time.
7.Internal Framework for Information Disclosure
Nippon Shinyaku has formed the Information Disclosure Committee to establish and revise the company’s information disclosure policy and deliberate on whether or not specific items of information should be disclosed and in what manner.
Policy on Constructive Dialogue with Shareholders
To ensure sustainable growth and enhance medium- to long-term corporate value, Nippon Shinyaku actively engages in constructive dialogue with its shareholders, developing and improving internal systems for reliable information disclosure and building mechanisms that incorporate learnings from dialogue with shareholders into company management.
1.Person in charge of dialogue with shareholders
The Director in charge of Business Management, who heads the Corporate Planning Department, which manages IR, is the person responsible for constructive dialogue with shareholders.
2.Organic collaboration between the IR and other departments for dialogue with shareholders
The Corporate Planning Department, the Finance & Accounting Department, the R&D Administration Division, and other departments and divisions collaborate with one another to enable constructive dialogue between the company and its shareholders.
3.Initiatives for improving means of dialogue other than individual interviews
The company engages in direct dialogue with investors by organizing financial information meetings twice a year, in May and November. The meeting attendees on the company side include the top management team and the Executive Directors in charge of Business Management, R&D, the Sales and Marketing Division, and the Functional Food Division. Moreover, in August and February, a financial conference call is held with the Director in charge of Business Management as the responsible person.
4.Feedback of learnings to management team and the Board of Directors
Reports by securities analysts based on information provided at the financial information meetings are promptly communicated to the management team. Learnings from dialogue with shareholders are also communicated to the management team as the need arises.
5.Internal information management during dialogue
In compliance with the regulations on insider trading and on internal information management, Nippon Shinyaku ensures the prevention of leakage of internal information to external parties. Moreover, to prevent financial information leakage, Nippon Shinyaku designates the period from the next business day of the closing date of each quarter to the day of the announcement of financial results of the quarter a “Quiet Period.”
Matters of note regarding the “IR information” pages on this website
Viewers of this website are requested to accept and understand the following:
The website carries information on Nippon Shinyaku’s future prospects, such as plans, business strategies, and business performance review; actual business results may significantly differ from these prospects due to various risks and uncertainties.
The website is not operated for the purpose of soliciting investment.
The website contains information on pharmaceutical drugs (including products currently under development, that is, those “in the pipeline”). Such information is not intended to advertise and propagate such products or to offer medical advice.
The information on this website is subject to change without prior notice.