Disclosure Policy

Standards for information disclosure

Rinnai discloses information in accordance with Financial Instruments and Exchange law and "Timely disclosure rules and other regulations for issuers of listed negotiable securities or valuable instruments ("Timely Disclosure Rules")" prescribed by the Tokyo Stock Exchange. Moreover, Rinnai also defines a basic policy for the information that does not apply to the Timely Disclosure Rules, and immediately and continuously provide timely disclosure of the important information about the company accurately and fairly to its stakeholders including customers, business partners, shareholders, investors, employees and local communities.

Method of information disclosure

The information disclosure which is applicable to the Timely disclosure Rules shall follow the rules, and should be publicized on Timely Disclosure network (TDnet) of the Tokyo Stock Exchange. The information publicly announced on TDnet is listed on the corporate website without delay. Moreover, the information that the Timely Disclosure Rules do not apply is also disclosed through media such as the corporate website.

Quiet period

To avoid the leakage of financial results information and assure the fairness, a period from the end of financial term to a day before the announcement is defined as "quiet period" that the company shall refrain from replying inquiries or making comments regarding financial results. However, when business outlook significantly deviates from the business forecast that Rinnai has disclosed, it shall be publicized based on the Timely Disclosure Rules.

Forward-looking statement

Business forecast and forward-looking statement listed on the website are the forecast that the company produced based on the information available at the time of disclosure, and include potential risks and uncertainties. Therefore, please understand in advance that actual business results may be significantly different from the listed forward-looking statement.

Others

For the usage of the company information listed on the website, in addition to the Disclosure policy, please refer to Site policy listed separately.