Basic Policy
When undertaking IR activities, Mitsui Fudosan Co., Ltd.,
endeavors to foster an accurate understanding of its business
among key participants of the financial markets-shareholders,
other investors, and securities analysts. We target
initiatives aimed at earning the long-term confidence of all
market participants, and seek to be evaluated appropriately as
a result. In an effort to achieve these objectives, we work to
ensure proper disclosure of management strategies, financial
status, and other information related to the Company.
(1) Disclosure Standards
We disclose information in a timely manner according to the
Financial Instruments and Exchange Law and related
regulations, as well as rules determined by the Tokyo
Securities Exchange (TSE). Our policy is to disclose
information swiftly, with an emphasis on four core areas:
transparency, fairness, continuity, and timeliness. As far as
possible, we also work actively to publish information not
required by disclosure laws, to the extent that we deem such
information would engender a better understanding of our
operations.
(2) Disclosure Methods
Information mandated by rules of timely disclosure is
transmitted via TD-NET, an information network operated by the
TSE. Securities reports, quarterly reports, and other
financial disclosure documents are released via EDINET, the
electronic disclosure system operated by Japan's Financial
Services Agency. Information not subject to regulations but
deemed important from an investment perspective is swiftly
uploaded to the Company's Web site and released to media
organizations.
(3) "Material Facts" Subject to Disclosure
Other important information is subject to timely disclosure
under Rules 2, 3, and 4 of the TSE's "Rules on Timely
Disclosure of Corporate Information by Issuer of Listed
Security and the Like." Such information pertains to key
decisions made by the Company's decision-making body, emerging
incidents, information on settlement of accounts, and key
information that would influence the judgment of
investors.
(4) Disclosure to Third Parties and Performance Forecasts
by Third Parties
The Company holds regular meetings with institutional
investors, analysts, and others. At such meetings, the Company
in principle makes references to past historical facts, facts
already disclosed, and limited information pertaining to the
general business environment. The Company does not interfere
with the opinions and recommendations of securities analysts,
nor does it in principle make comments on reports and earnings
models prepared by third parties. However, the Company will
point out misinterpretations and factual errors.
(5) Responding to Rumors
In principle, the Company does not comment when it receives
inquiries about rumors. However, in cases where the Company
believes it would be significantly affected by a rumor if that
rumor were not addressed, the Company will quickly identify
the source of the rumor and take appropriate actions as
necessary.
(6) Quiet Period
To prevent leakage of financial information and ensure fair
disclosure, the Company designates the three-week period
ending the date of announcement of its financial results as
the "quiet period." During this period, the Company will
neither comment upon nor respond to queries concerning its
financial results. If, however, the Company becomes aware of
major discrepancy between its performance forecast and its
actual financial results, it will publicly announce this
discrepancy according to rules of timely disclosure. The
Company will also respond to questions about previously
disclosed information, even during the quiet period.
