1. Basic Policy   We fulfill accountability to our shareholders and investors by faithful, fair, and timely disclosure of information. We recognize that one of our important tasks is to build a relationship of trust through communication with our shareholders and investors and strive to improve our corporate value and promote active information disclosure along with close communication. 2. Information for Disclosure   We disclose information in accordance with the securities transaction law and the timely disclosure rule stipulated by the Tokyo Stock Exchange. We also actively disclose information that we determine is useful for understanding our business (including the monthly release of Sales Performance of MOS Burger Stores and Year-on-Year Variance Analysis) on a timely basis. 3. Information Disclosure Methods   Information is disclosed in accordance with the timely disclosure rule stipulated by the Tokyo Stock Exchange through the timely disclosure information system (TDnet) of the Tokyo Stock Exchange. All the information provided through TDnet will be released immediately on our website. We also disclose information in an easy-to-understand manner by holding presentations for financial analysts as well as by providing briefings and brochures for our shareholders and investors. Information not applicable to the timely disclosure rule stipulated by the Tokyo Stock Exchange is to be disclosed faithfully, fairly and timely on our website in the IR Information section and by other methods. (Please note that disclosure may be delayed due to technical problems.) 4. Future Projections and Business Forecast   The information on the website other than past or present facts is all projections, plans, or strategies based on assumptions and judgment of data as of the date of release. Such projections, plans, or strategies include unknown risks and uncertainties related to economic trends, market demands, currency exchange rates, and changes in the tax and other systems. Accordingly, actual achievement may differ significantly from the projected or indicated business performance, management results, or financial outcomes due to these factors. 5. Silent Period (Voluntary Ban on IR Activities)   In the interest of fairness and to prevent information leaks of financial statements, we set the period from the day two weeks prior to the closing day (including the closing day for quarterly settlement) to the day of announcing financial statements as a silent period. During this time, we decline to respond to inquiries about our business performance or to comment on forecasts regarding financial statements. However, in case the final business outcome is forecast to fluctuate substantially from the previous forecast during this silent period (by over 10% in sales or by over 30% in ordinary income or net income), we will disclose the information in accordance with the timely disclosure rule stipulated by the Tokyo Stock Exchange.