Kurita Group Disclosure Policy
1. Basic Policy
Kurita Water Industries Ltd. and its consolidated subsidiaries (hereinafter the "Kurita Group," andKurita Water Industries Ltd. on a non-consolidated basis shall be hereinafter referred to as the"Company") strive for management that respects shareholders. To facilitate its sustainable growth andenhance corporate value in the medium and long term, the Kurita Group promotes constructive
dialogues with shareholders, investors and others by making fair and timely information disclosures inaccordance with relevant laws and rules, while actively and fairly disclosing various kinds of information
the Kurita Group deems effective for promoting an understanding of its activities.
2. Information subject to disclosure and disclosure methods(1) Legal disclosures and timely disclosures
The Company abides by and discloses information in accordance with the Companies Act, theFinancial Instruments and Exchange Act and other laws and regulations (hereinafter collectivelyreferred to as “related laws and regulations”), and rules on the timely disclosure of corporate
information stipulated in the securities listing regulations of the Tokyo Stock Exchange (hereinafterreferred to as "the timely disclosure rules"). Information meeting the criteria of the timely disclosurerules is promptly disclosed via the Timely Disclosure Network (TDnet) provided by the Tokyo Stock
Exchange as well as on the Company’s corporate website.
(2) Voluntary disclosures
Even when certain information is not subject to related laws and regulations or the timely disclosurerules, the Company discloses information deemed useful for investors in making investment
decisions via TDnet or the Company’s website.
(3) Handling of material information
In abiding by the stipulations of Article 27-36 of the Financial Instruments and Exchange Act(commonly referred to as “the Fair Disclosure Rule”), the Company does not selectively disclose toa limited number of shareholders or investors material information (facts of decision, facts ofoccurrence, financial information, etc.) that has not been made public and is deemed likely to havea significant influence on investors’ investment decisions (hereinafter collectively referred to as“material information”). In the event that the Executive General Manager of the Corporate Controland Administration Division determines that a Company director, executive officer, or employee has
unintentionally conveyed material information to a limited number of shareholders or investors, thesaid material information will be made public promptly. In instances, however, where it is judged
inappropriate to promptly make public conveyed information deemed material information, separate
measures may be taken to ensure the fairness of information disclosure in not making the materialinformation public.
3. Enhancing the fairness of information access
The Company strives to ensure the fairness of information access for shareholders, individualinvestors, institutional investors in and outside Japan, analysts and others by publishing on thecorporate website presentation materials and summaries of question and answer sessions used infinancial results briefings, along with other material, to the extent possible. The Company also strives
to expand the availability of English-language materials.
4. Information management and information disclosure system(1) Information management
The Executive General Manager of the Company’s Corporate Control and Administration Division
is responsible for the management of the Kurita Group’s material information. The Executive
General Manager of the Corporate Control and Administration Division will set up a disclosure
council consisting of the persons in Corporate Control and Administration Division in charge ofCorporate Planning, General Affairs and Risk Management, Corporate Accounting, and CorporateFinance, and Sustainability Division in charge of ESG Integration, Governance Promotion, andCorporate Communication to share information regularly or as needed. Additionally, the Executive
General Manager provides information necessary for dialogue to designated spokespersons.
(2) Disclosure decisions
The Company’s Executive Committee or Board of Directors decides the timing and method ofdisclosure for information that meets the disclosure criteria of related laws and regulations and thetimely disclosure rules. The Executive General Manager of the Corporate Control andAdministration Division decides the disclosure timing and method of information that does not meet
the timely disclosure rules. When disclosure decisions are made, the Executive General Manager of
the Corporate Control and Administration Division consults and collaborates with the General
Managers of the Corporate Planning Department, the General Affairs and Risk Management
Department, the Corporate Accounting Department, the Corporate Finance Department, the ESG
Integration Department, the Governance Promotion Department, the Corporate Communication
Department, and others designated by the Executive General Manager, as necessary.
(3) Spokesperson designation
To ensure information accuracy and disclosure fairness, the designated spokespersons for investor
relations and shareholder relations are the Company’s President, the Executive General Manager of
the Corporate Control and Administration Division, the General Manager of the Corporate Planning
Department, dedicated IR/SR staff, and others designated by the Executive General Manager.
5. Earnings forecasts and forward-looking statements
The Company discloses earnings forecasts and forward-looking statements regarding medium-term
management plans and other matters. Since this information is based on information available tomanagement at the time of preparation and forecasts based on certain assumptions deemed reasonable
at that time, there is a risk that actual results will be materially different from forecasts. The Company
strives to disclose the reasons behind its assumptions and conceivable risks when presenting earnings
forecasts and forward-looking information.
6. Silent Period
In order to prevent the leakage of undisclosed financial information, the Company has adopted a "silentperiod" that commences on the day following the closing date of the fiscal period and ends on the day
the related financial statements are released. During this period, the Company will not respond toquestions or make any comments concerning financial results or earnings forecasts for the relevantperiod. During the silent period, the Company will respond to any questions concerning informationthat has already been made public.
7. Market speculation and forecasts
In principle, the Company does not respond to speculative comments concerning the Kurita Group orcomments concerning earnings forecasts or evaluations by persons unrelated to the Company. If,
however, the Company determines that third-party comments will have a significant impact on theCompany’s stock price, information will be disclosed appropriately through TDnet.
End of Document