{"id":2619,"date":"2025-10-29T07:42:01","date_gmt":"2025-10-29T07:42:01","guid":{"rendered":"https:\/\/webroad-seisaku.com\/fujiko-test\/?page_id=2619"},"modified":"2025-11-17T06:25:39","modified_gmt":"2025-11-17T06:25:39","slug":"disclosure_policy","status":"publish","type":"page","link":"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/disclosure_policy","title":{"rendered":"Disclosure Policy"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull ir-header-box is-style-default is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-vk-blocks-fixed-display vk_fixed-display vk_fixed-display-position-top vk_fixed-display-c99b5d0a-371b-43e3-a4cd-46c919552602 vk_fixed-display-mode-always-visible vk_custom_css_2 has-background is-layout-flow wp-block-vk-blocks-fixed-display-is-layout-flow\" style=\"background-color:#fef8f8\" data-block-id=\"c99b5d0a-371b-43e3-a4cd-46c919552602\">\n<div class=\"wp-block-group alignfull ir-header vk_block-margin-0--margin-bottom is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group vk_block-margin-0--margin-bottom vk_hidden-xs vk_hidden-sm vk_hidden-md is-content-justification-right is-nowrap is-layout-flex wp-container-core-group-is-layout-17124a9a wp-block-group-is-layout-flex\">\n<div class=\"wp-block-vk-blocks-button vk_button vk_button-color-custom vk_button-a2be1264-2f20-492c-a910-b61cb4d355e9 vk_button-align-center\"><a href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/jp\/ir\" style=\"border-radius:0px\" class=\"vk_button_link btn has-background btn has-text-color has-black-color btn-sm\" role=\"button\" aria-pressed=\"true\" rel=\"noopener\"><div class=\"vk_button_link_caption\"><span class=\"vk_button_link_txt\">JP<\/span><\/div><\/a><\/div><style type=\"text\/css\">.vk_button-a2be1264-2f20-492c-a910-b61cb4d355e9 .has-background {\n\t\t\t\tbackground-color: #efefef;\n\t\t\t\tborder: 1px solid #efefef;\n\t\t\t} <\/style>\n\n\n\n<div class=\"wp-block-vk-blocks-button vk_button vk_button-color-custom vk_button-align-center\"><a href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/\" style=\"border-radius:0px\" class=\"vk_button_link btn has-background has-vk-color-primary-background-color btn-sm\" role=\"button\" aria-pressed=\"true\" rel=\"noopener\"><div class=\"vk_button_link_caption\"><span class=\"vk_button_link_txt\">EN<\/span><\/div><\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized vk_hidden-xs vk_hidden-sm vk_hidden-md vk_block-margin-xs--margin-bottom vk_block-margin-0--margin-top\"><img decoding=\"async\" src=\"https:\/\/webroad-seisaku.com\/fujiko-test\/jp\/wp-content\/uploads\/2025\/10\/IR-logo.png\" alt=\"\" class=\"wp-image-2857\" style=\"width:276px;height:auto\"\/><\/figure>\n\n\n<nav class=\"items-justified-center vk_hidden-xs vk_hidden-sm vk_hidden-md vk_block-margin-xxs--margin-bottom wp-block-navigation is-content-justification-center is-layout-flex wp-container-core-navigation-is-layout-a89b3969 wp-block-navigation-is-layout-flex\" aria-label=\"IR\u30b5\u30a4\u30c8\u30d8\u30c3\u30c0\u30fc\u30e1\u30cb\u30e5\u30fcPC\"><ul class=\"wp-block-navigation__container items-justified-center vk_hidden-xs vk_hidden-sm vk_hidden-md vk_block-margin-xxs--margin-bottom wp-block-navigation\"><li class=\"wp-block-navigation-item ir-meinm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/\"><span class=\"wp-block-navigation-item__label\">TOP<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-meinm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/\"><span class=\"wp-block-navigation-item__label\">IR TOP<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-meinm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/irnews\/\"><span class=\"wp-block-navigation-item__label\">IR NEWS<\/span><\/a><\/li><li data-wp-context=\"{ &quot;submenuOpenedBy&quot;: { &quot;click&quot;: false, &quot;hover&quot;: false, &quot;focus&quot;: false }, &quot;type&quot;: &quot;submenu&quot;, &quot;modal&quot;: null, &quot;previousFocus&quot;: null }\" data-wp-interactive=\"core\/navigation\" data-wp-on--focusout=\"actions.handleMenuFocusout\" data-wp-on--keydown=\"actions.handleMenuKeydown\" data-wp-watch=\"callbacks.initMenu\" tabindex=\"-1\" class=\"wp-block-navigation-item has-child open-on-click wp-block-navigation-submenu\"><button data-wp-bind--aria-expanded=\"state.isMenuOpen\" data-wp-on--click=\"actions.toggleMenuOnClick\" aria-label=\"IR LIBRARY submenu\" class=\"wp-block-navigation-item__content wp-block-navigation-submenu__toggle\" ><span class=\"wp-block-navigation-item__label\">IR LIBRARY<\/span><\/button><span class=\"wp-block-navigation__submenu-icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" viewBox=\"0 0 12 12\" fill=\"none\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M1.50002 4L6.00002 8L10.5 4\" stroke-width=\"1.5\"><\/path><\/svg><\/span><ul data-wp-on--focus=\"actions.openMenuOnFocus\" class=\"wp-block-navigation__submenu-container wp-block-navigation-submenu\"><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/\"><span class=\"wp-block-navigation-item__label\">IR Library<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/financial_results\/\"><span class=\"wp-block-navigation-item__label\">Financial Results<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/presentations\/\"><span class=\"wp-block-navigation-item__label\">Presentation<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/disclosures\/\"><span class=\"wp-block-navigation-item__label\">Timely Disclosure Information<\/span><\/a><\/li><\/ul><\/li><\/ul><\/nav>\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer vk_hidden-xs vk_hidden-sm vk_hidden-md\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized vk_hidden-xxl vk_hidden-xl-v2 vk_hidden-lg vk_block-margin-xs--margin-top vk_block-margin-xs--margin-bottom\"><img decoding=\"async\" src=\"https:\/\/webroad-seisaku.com\/fujiko-test\/jp\/wp-content\/uploads\/2025\/10\/IR-logo.png\" alt=\"\" class=\"wp-image-2857\" style=\"width:198px\"\/><\/figure>\n\n\n\n<div class=\"wp-block-group vk_hidden-xxl vk_hidden-xl-v2 vk_hidden-lg vk_block-margin-sm--margin-bottom is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-23441af8 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-vk-blocks-button vk_button vk_button-color-custom vk_button-c8c848ac-3b18-4b80-8db0-f044ddf2133e vk_button-align-center\"><a href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/jp\/ir\" style=\"border-radius:0px\" class=\"vk_button_link btn has-background btn has-text-color has-black-color btn-sm\" role=\"button\" aria-pressed=\"true\" rel=\"noopener\"><div class=\"vk_button_link_caption\"><span class=\"vk_button_link_txt\">JP<\/span><\/div><\/a><\/div><style type=\"text\/css\">.vk_button-c8c848ac-3b18-4b80-8db0-f044ddf2133e .has-background {\n\t\t\t\tbackground-color: #efefef;\n\t\t\t\tborder: 1px solid #efefef;\n\t\t\t} <\/style>\n\n\n\n<div class=\"wp-block-vk-blocks-button vk_button vk_button-color-custom vk_button-align-center\"><a href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/\" style=\"border-radius:0px\" class=\"vk_button_link btn has-background has-vk-color-primary-background-color btn-sm\" role=\"button\" aria-pressed=\"true\" rel=\"noopener\"><div class=\"vk_button_link_caption\"><span class=\"vk_button_link_txt\">EN<\/span><\/div><\/a><\/div>\n<\/div>\n\n\n<nav class=\"items-justified-center vk_hidden-lg vk_hidden-xl-v2 vk_hidden-xxl wp-block-navigation is-content-justification-center is-layout-flex wp-container-core-navigation-is-layout-195c0355 wp-block-navigation-is-layout-flex\" aria-label=\"IR\u30b5\u30a4\u30c8\u30d8\u30c3\u30c0\u30fc\u30e1\u30cb\u30e5\u30fcSP\"><ul class=\"wp-block-navigation__container items-justified-center vk_hidden-lg vk_hidden-xl-v2 vk_hidden-xxl wp-block-navigation\"><li class=\"wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/\"><span class=\"wp-block-navigation-item__label\">TOP<\/span><\/a><\/li><li class=\"wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/\"><span class=\"wp-block-navigation-item__label\">IR TOP<\/span><\/a><\/li><li class=\"wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/irnews\/\"><span class=\"wp-block-navigation-item__label\">IR NEWS<\/span><\/a><\/li><li data-wp-context=\"{ &quot;submenuOpenedBy&quot;: { &quot;click&quot;: false, &quot;hover&quot;: false, &quot;focus&quot;: false }, &quot;type&quot;: &quot;submenu&quot;, &quot;modal&quot;: null, &quot;previousFocus&quot;: null }\" data-wp-interactive=\"core\/navigation\" data-wp-on--focusout=\"actions.handleMenuFocusout\" data-wp-on--keydown=\"actions.handleMenuKeydown\" data-wp-watch=\"callbacks.initMenu\" tabindex=\"-1\" class=\"wp-block-navigation-item has-child open-on-click vk_custom_css_1 wp-block-navigation-submenu\"><button data-wp-bind--aria-expanded=\"state.isMenuOpen\" data-wp-on--click=\"actions.toggleMenuOnClick\" aria-label=\"IR LIBRARY submenu\" class=\"wp-block-navigation-item__content wp-block-navigation-submenu__toggle\" ><span class=\"wp-block-navigation-item__label\">IR LIBRARY<\/span><\/button><span class=\"wp-block-navigation__submenu-icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" viewBox=\"0 0 12 12\" fill=\"none\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M1.50002 4L6.00002 8L10.5 4\" stroke-width=\"1.5\"><\/path><\/svg><\/span><ul data-wp-on--focus=\"actions.openMenuOnFocus\" class=\"wp-block-navigation__submenu-container vk_custom_css wp-block-navigation-submenu\"><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/financial_results\/\"><span class=\"wp-block-navigation-item__label\">Financial Results<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/presentations\/\"><span class=\"wp-block-navigation-item__label\">Presentation<\/span><\/a><\/li><li class=\"wp-block-navigation-item ir-subm wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/webroad-seisaku.com\/fujiko-test\/ir\/ir_library\/disclosures\/\"><span class=\"wp-block-navigation-item__label\">Timely Disclosure Information<\/span><\/a><\/li><\/ul><\/li><\/ul><\/nav>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer vk_hidden-lg vk_hidden-xl-v2 vk_hidden-xxl\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:200px\" aria-hidden=\"true\" class=\"wp-block-spacer vk_hidden-xs vk_hidden-sm vk_hidden-md\"><\/div>\n\n\n\n<div style=\"height:200px\" aria-hidden=\"true\" class=\"wp-block-spacer vk_hidden-xxl vk_hidden-xl-v2 vk_hidden-lg\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center is-style-vk-heading-plain ir-h2 has-white-color has-text-color has-background has-link-color wp-elements-2ebbf81a44b620a1e1c6be71e27b1741\" style=\"background-color:#343a40;font-style:normal;font-weight:500\">Disclosure Policy<\/h2>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff11\uff09Basic Disclosure Policy<\/h5>\n\n\n\n<p>Kudan Inc. (hereafter \u201cthe Company\u201d) proactively discloses information that could be deemed important and beneficial for shareholders and investors to promote better understanding of the Company in a fair and timely manner in accordance with rules on relevant laws and regulations including the Financial Instruments and Exchange Act, and timely disclosure rules established by the Tokyo Stock Exchange (hereafter \u201cTimely Disclosure Rule\u201d).<br>In addition, the Company does not provide personal information, customer information and information that may violate the rights of others.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff12\uff09Disclosure Methods<\/h5>\n\n\n\n<p>The Company strives to quickly disclose information in accorance with Timely Disclosure Rule via the Timely Disclosure Network (TDnet) operated by the Tokyo Stock Exchange, and publish such disclosure materials as securities reports and quarterly reports in a prompt manner via Electronic Disclosure for Invesotrs\u2019 NETwork (EDINET) operated by the Financial Services Agency.<br>In addition, even though certain information is not required to be disclosed under Timely Disclosure Rule, the Company plans to make appropriate, accurate and fair dislosures of the information that could be considered important and valuable to be disclosed.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff13\uff09Prevention of Insider Trading<\/h5>\n\n\n\n<p>The Company has formulated the Information Management Regulations and the Insider Trading Management Regulations to prevent insider trading. In addition, the Company hold study sessions about insider trading regulations every year for executives and employees, and distribute a practical guidebook to ensure a thorough understanding and awareness of the essence of the regulations. Moreover, the Company appropriately sends out internal notifications regarding insider trading.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff14\uff09Cautionary Note Concerning Business Performance Forecasts and Forward\u2010Looking Statements<\/h5>\n\n\n\n<p>The statements with respect to the Company\u2019s business perfromance forecasts, future prospects, strategies and goals that do not come from historic and current facts are forward-looking statements. Such statements are reflected by plans, expectations and management judgements that are based on information available and deemed reasonable at the time of publication and therefore by no means guarantee the Company\u2019s future business performance. Due to a number of certain risks and uncertainities, the Company\u2019s actual business performance may differ from forecasts and any related predictions presented.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff15\uff09Quiet Period<\/h5>\n\n\n\n<p>To prevent leakage of financial results including quarterly reports and ensure fairness in the disclosure of information, the Company observes a \u201cQuiet Period\u201d that starts from the day following the end of a fiscal quarter to the day of the announcement of financial results for that fiscal quarter. During this period, the Company refrains from making any comments or responding to any inquiries about its financial results and business forecasts . Exceptions may be made, however, when business forecasts may be changed significantly during this period or when there is occurrence of material events that could have a considerable impact on investment decisions of investors.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\uff08\uff16\uff09Corporate Structure<\/h5>\n\n\n\n<p>To act in accordance with this Disclosure Policy, the Company strives to improve and enhance its internal structure in order to make appropriate disclosure of information in compliance with Timely Disclosure Rule, relavant laws and regulations.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Disclosure Policy \uff08\uff11\uff09Basic Disclosure Policy Kudan Inc. (hereafter \u201cthe Company\u201d) proactively discloses information that could be deemed important and beneficial for shareholders and investors to promote better understanding of the Company in a fair and timely manner in accordance with rules on relevant laws and regulations including the Financial Instruments and Exchange Act, and timely [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":2492,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","vkExUnit_sitemap":"","_veu_custom_css":"","veu_display_promotion_alert":"common","_exclude_from_list_pages":"","vkexunit_cta_each_option":"2515","vkExUnit_childPageIndex":"","vkExUnit_pageList_ancestor":"","vkExUnit_contact_enable":"","_lightning_design_setting":{"layout":"default","site_body_padding":"true","hide_site_header":"true","hide_page_header":"true","hide_breadcrumb":"true","hide_site_footer":"true","hide_mobile_menu_btn":"true","hide_mobile_fix_nav":"true","section_base":"default","header_trans":"default"},"header_top_description":"","vk_page_header_image":0,"vk_page_header_image_sp":0,"vk_page_header_subtext":"","footnotes":""},"class_list":["post-2619","page","type-page","status-publish","hentry"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/pages\/2619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/comments?post=2619"}],"version-history":[{"count":3,"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/pages\/2619\/revisions"}],"predecessor-version":[{"id":2717,"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/pages\/2619\/revisions\/2717"}],"up":[{"embeddable":true,"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/pages\/2492"}],"wp:attachment":[{"href":"https:\/\/webroad-seisaku.com\/fujiko-test\/wp-json\/wp\/v2\/media?parent=2619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}