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Discloser policy

1. General Policies

JFE Systems is committed to providing information to shareholders and other investors in a timely accurate and fair manner.
JFE Systems discloses material information to the public on its Web site accurately and promptly in accordance with: disclosure policies mandated by securities exchanges and the Japanese Commercial Code; filings that provide an overview of results in formats prescribed by securities exchanges; and "rules regarding the timely disclosure of company information of the issuer of public stocks" (hereinafter "the timely disclosure rules") stipulated by securities exchanges.


2. Third-Party Disclosure and Earnings Forecasts

JFE Systems shall only discuss public information, commonly known facts and information on general business trends at private meetings with institutional investors, analysts and other third parties.
The Company does not endorse comment on JFE Systems or earnings forecasts and other projections regarding its performance made by third parties.


3. Forward-Looking Statements

The Company provides revenue and earnings forecasts to the Tokyo Stock Exchange. JFE systems also issue printed documents and provide on our website information on current plans and future forecasts that enable shareholders and other investors to form independent evaluations of the Company's future financial performance.
In either case, information other than historical data is forward-looking in nature and reflects forecasts the Company has made based on information currently available. Such forward-looking statements involve a number of risks, uncertainties, and other factors that may cause actual results to differ from those projected. For this reason, JFE systems urge readers not to rely solely on such information when making investment decisions.


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