Stance on Information Disclosure

Basic Stance on Information Disclosure

At Sumitomo Dainippon Pharma, we state in our Declaration of Conduct that we "positively disclose information to the public and properly manage information" in a manner that is timely, appropriate and fair. When implementing this policy, we recognize the importance of transparency to earn the trust of society, and accordingly will work to disclose corporate information in a timely, appropriate and fair manner to our stakeholders.

Standards for Information Disclosure

  • In regard to information required to be disclosed by the Timely Disclosure Rules of the Tokyo Stock Exchange (TSE), we disclose such information in accordance with those rules.
  • In regard to information not required to be disclosed by the rules of TSE, we will work to actively disclose information that may be requested by stakeholders or believed to be useful for stakeholder to understand Sumitomo Dainippon Pharma.

Methods of Disclosure

  • Sumitomo Dainippon Pharma discloses information through the TSE's Timely Disclosure Network (TDnet),press releases (distributing material to mass media), press conferences, etc. Disclosed material is also posted promptly on our corporate website.
  • In regard to information required to be disclosed by the Timely Disclosure Rules of the TSE, disclosure by other methods will be made only after disclosure on TDnet.

Quiet Period

In order to prevent financial information leakage and ensure fairness in the disclosure of information, the period from the day following the end of each quarter through to the announcement of the financial results of such quarter is designated as "quiet period". During the quiet period, Sumitomo Dainippon Pharma shall refrain from giving any comments or answers related to the financial results other than information disclosed prior to the quiet period. However, if a significant change to our previously announced financial forecast occurs during the quiet period, we shall disclose such information according to the Timely Disclosure Rules. Even during the quiet period, we will answer questions within the bounds of information disclosed before the quiet period, or information not related to the financial results.