Guideline on the Timely Disclosure of Important Information
This section contains the types of disclosed information, fundamental principles, responsible persons, the division in charge, the timely disclosure process, etc.
1. Objectives of these Guidelines
Mitsubishi Motors believes that, in order to fulfill its corporate social responsibility (CSR), it is important that it achieves accountability by disclosing timely and appropriate information to its stakeholders.
Furthermore, we believe that achieving this will contribute to increasing management transparency.
Therefore, we have decided to carefully comply with the Timely Disclosure Rules of the Tokyo Stock Exchange (hereinafter referred to as “TSE”) and to formulate and carefully follow guidelines which clearly state the types of disclosed information, the fundamental principles of disclosure, the responsible persons, division in charge, the disclosure process, etc.
2. Types of Disclosed Information
The information covered by these guidelines (hereinafter referred to as “important information”) shall be the “information that has an effect on the investment decisions of investors” that the TSE requires to be disclosed in a timely and appropriate manner based on its Rules regarding the Timely Disclosure, etc. of the Company Information of Issuers of Listed Securities (hereinafter referred to as “Timely Disclosure Rules”).
< Examples of Important Information >
- Information related to facts that are decided
Decisions regarding the issuing of new shares, business alliances, the transfer of subsidiaries, the transfer and acquisition of fixed assets, etc. - Information related to facts that have occurred
Occurrence of damage arising from natural disasters, the bringing of lawsuits against the company, administrative punishments, etc. - Information related to financial results
Details of financial results, amendments to business performance forecasts, amendments to dividend forecasts
3. Fundamental Principles of Disclosure
Mitsubishi Motors shall comply with the following four fundamental principles when engaging in the timely disclosure of important information.
- (1) Transparency
Disclose information in accordance with the facts regardless of its content. - (2) Timeliness
Disclose information in a timely manner and without delay. - (3) Fairness
Endeavor to ensure that information is transmitted fairly to our various stakeholders. - (4) Continuity
Give continuity to the content of information disclosure.
4. Person Responsible for the Timely Disclosure of Important Information
The person responsible for handling information appointed in accordance with the TSE rules shall be the person responsible for the timely disclosure of important information.
5. Roles of the Division in Charge of Timely Disclosure
The division that runs the IR activities shall be the division in charge of timely disclosure and its roles shall be as follows.
- (1) Liaison with TSE
Liaison with TSE regarding the timely disclosure of important information. - (2) Disclosure of important information
The persons responsible shall disclose information when Mitsubishi Motors decides on important information and when important information about facts occur at Mitsubishi Motors, as well as information related to financial results in a timely and appropriate manner. They shall carry out the process from the gathering to the disclosure of important information as shown in the attachment. - (3) Management of the timely disclosure system
a. Development and improvement
The persons responsible shall develop and improve the disclosure system, for example by establishing information transmission routes for the timely and appropriate disclosure of important information, etc.
b. Education about the value of timely disclosure
Educate executives and regular employees about the significance of timely disclosure of important information.
6. Other Guidelines
- (1) Handling the spread of market rumors
As a general rule, Mitsubishi Motors shall make no comment in response to inquiries about rumors in the markets. However, if Mitsubishi Motors judges that ignoring the rumor could have a serious impact on the company, it shall make an appropriate, externally-directed response.
Note: Article 158 of the Financial Instruments and Exchange Act prohibits the spreading of rumors in the markets with the objective of causing fluctuations in the market prices of securities. - (2) Establishment of a period of silence
Mitsubishi Motors shall make absolutely no comments regarding its business performance outlook during the two weeks immediately preceding announcements of the full-year and quarterly business results.
To TopProcess for the Timely Disclosure of Important Information (Flow Chart)
