Seven Bank Disclosure Policy

Seven Bank, Ltd. (hereinafter, the “Company”) seeks to provide accurate information on its financials and business strategies to shareholders, investors, securities analysts and rating institutions (hereinafter, the “Market”) in a prompt, equal and easy-to-understand manner to help them deepen their understanding about the Company and to reflect the Market’s evaluation of the Company to its management. The Company thereby aims to increase its medium and long-term corporate value and achieve sustainable growth. To this end, the Company conducts its investor relations activities based on the following basic policy:

1. Basic policy concerning constructive dialogue with shareholders/investors

The Company believes that constructive dialogue with shareholders/investors contributes to increasing the Company’s medium and long-term corporate value and achieving sustainable growth. The Company has formulated a policy concerning related engagement.

  • 1. The Company has set up a department, Planning Division, that is in charge of planning and implementing activities relating to dialogue with shareholders/investors.
  • 2. Planning Division is responsible for overall shareholder/investor relations. The officer in charge of Planning Division supervises the department’s activities. Directors or other executives attend meetings to a rational extent based on shareholders’/investors’ requests and topics of the dialogue.
  • 3. To promote smooth dialogue with shareholders/investors, Planning Division regularly meets Accounting, General Affairs, and other related departments to ensure organized cooperation including sharing information. It also shares information with the Company’s consolidated subsidiaries as needed.
  • 4. Opinions, requests, concerns etc. expressed by shareholders/investors through the dialogue are reported to the management on a timely basis and reflected to the Company’s management and business operations.
  • 5. Besides the shareholders general meetings and individual meetings, the Company proactively hold quarterly financial results briefings and other meetings to help shareholders/investors deepen their understanding about the Company’s management and business operations.
  • 6. The Company has formulated a basic policy concerning information disclosure, as described below under “2,” to ensure robust management of important information, and thereby to prevent disclosure of important information only to particular persons in a selective manner through dialogue with shareholders/investors.
  • 7. The Company grasps its shareholder structure based on the list of shareholders as of the end of every fiscal year and conducts research on identification of shareholders who actually hold its shares to facilitate constructive dialogue with shareholders/investors.

2. Basic Policy concerning Information Disclosure

The Company’s basic policy is to disclose fair and transparent information to shareholders/investors and all other stakeholders. To obtain adequate evaluation of its corporate value, the Company ensures that its information disclosure adheres to applicable laws and regulations, securities listing regulations and other relevant rules. Furthermore, to help shareholders/investors and all other stakeholders further deepen their understanding about the Company, the Company seeks to proactively disclose information which it deems to have an impact on shareholders’ and investors’ judgment even when disclosure of such information is not required by the relevant laws and regulations, the securities listing regulations and other relevant rules.

(1) Criteria for information disclosure

The Company discloses the following types of information:

  • (i) Statutory disclosures
    Information of which the disclosure is required by Companies Act, Financial Instruments and Exchange Act, and other related laws and regulations
  • (ii) Timely disclosures
    Important information that falls within the criteria set forth in the Timely Disclosure Rules set by Tokyo Stock Exchange where our shares are listed
  • (iii) Voluntary disclosures
    Information that could impact shareholders’ and investors’ investment judgment although it does not fall within the criteria set forth in the preceding items
  • (iv) Other
    Information that supplements the above-mentioned information; and information that could be useful for shareholders/investors in making their investment judgment (PR information)

(2) Method of information disclosure

The Company discloses statutory information required by Financial Instruments and Exchange Act and information required by Securities Listing Regulations and other relevant rules through, respectively, EDINET (an electronic disclosure system for securities reports and other disclosures required by Financial Instruments and Exchange Act) and TDnet (a timely disclosure communication system provided by Tokyo Stock Exchange). Additionally, in principle, the Company promptly posts information on its website. Furthermore, the Company holds financial results briefings for analysts and institutional investors in Japan and briefings for individual investors, publishes integrated reports and take other measures to help them better understand its business.

(3) Quiet period

The Company designates as a quiet period the approx. three weeks prior to the release of financial results to prevent financial information leak and ensure fair disclosure. During this period, the Company refrains from commenting on its financials, responding to questions, holding meetings, etc. Nevertheless, even during the quiet period, the Company responds to inquiries about information not relating to the financial results and information that is already publicly known. Any events occurring during the quiet period that fall within the criteria for timely disclosure are disclosed in accordance with the Timely Disclosure Rules.

(4) Description of forward-looking projections

Information disclosed by the Company may include statements concerning forward-looking projections. Such statements represent judgment of management based on information available at the time of disclosure. They are also based on certain assumptions for making forward-looking projections and contain various risks, indeterminacies and uncertainties. Therefore, actual performance numbers and results may differ from the future projections included in the disclosures due a range of factors such as future business operations and changes in economic situations.

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