Basic Disclosure Policy
Asahi Group Holdings discloses important information, such as decisions, external events and Financial Information that may influence investor decisions, in accordance with the Financial Instruments and Exchange Law, other laws and regulations, and the Tokyo Stock Exchange Rules on Timely Disclosure of Corporate Information by Issuers of Listed Securities (Timely Disclosure Rules hereafter).
The basic disclosure policy also includes increasing the fairness, speed and availability of the disclosure of information that is not covered by the Timely Disclosure Rules or other laws and regulations for the purpose of meeting the demands of investors and securities analysts.
Important information as prescribed by the Timely Disclosure Rules is, in accordance with these rules, registered on the TDnet System of the Tokyo Stock Exchange. Following registration, the same information is immediately distributed to the media and posted on the Asahi Group Holdings website.
For the disclosure of information not covered by the Timely Disclosure Rules or other laws and regulations, the information is posted on the Asahi Group Holdings website and distributed to the media in order to make the information available in a manner that is as fair as possible.
Voluntary Disclosure Items
The Asahi Group discloses a large volume of other information that is not covered by the Timely Disclosure Rules or other laws and regulations but that the group believes will be useful for reaching investment decisions. Examples of other information include but are not limited to medium-term plans, monthly sales volume reports, and information meeting and other presentation materials.
Handling of Forecasts and Associated Materials
The Asahi Group announces sales and earnings forecasts in its earnings announcements (kessan tanshin) and provides other information concerning forward-looking statements. In addition, Asahi Group employees may make statements involving outlooks and other views of the future at media meetings, information meetings, question and answer sessions, and materials that are distributed. All statements that are not historical facts represent the judgment of the Asahi Group at that time based on certain assumptions. Consequently, forward-looking statements may be revised without prior notice due to a change in one or more assumptions. Furthermore, actual results of operations may differ significantly from these forward-looking statements for a variety of reasons.
To prevent leaks of Financial Information and ensure the fairness of the disclosure of information, the Asahi Group has a silent period for investor relations activities that begins on the day following the end of a fiscal period and ends on the day that Financial Information for that period is announced. The Asahi Group will answer no questions and make no remarks regarding results of operations during the silent period.
However, information will be disclosed in accordance with the Timely Disclosure Rules during a silent period if there is any new information that is applicable under these rules.