Disclosure Policy

Basic Policy on Disclosure

It is IIJ's policy for it to carry out its corporate activities with the highest of ethics and attempts to comply with all applicable laws and regulations when disclosing information. IIJ discloses material information that should be disclosed properly, timely and fairly to shareholders and investors in accordance with all relevant securities and exchange laws and other related laws and regulations in Japan, the Timely Disclosure Regulations that are enforced by the Tokyo Stock Exchange ("the Timely Disclosure Regulations") and other related regulations.
In addition, IIJ discloses information that it considers helpful to shareholders and investors for their understanding of IIJ's business operations, as long as the scope of the information is in accordance with the laws and regulations mentioned above.

Method of Disclosure

IIJ discloses information timely when such information is required by the Financial Instruments and Exchange Act and other related laws and regulations in Japan on Electronic Disclosure for Investors' NETwork ("EDINET") operated by Financial Services Agency in Japan.

IIJ discloses information timely when such information is required by the Timely Disclosure Regulations and other related regulations on the Timely Disclosure Network ("TDnet") and other means. In principle, IIJ attempts to simultaneously disclose information in Japanese and English translation of that information on our website.

Furthermore, when a non-public information related to IIJ group's business operation and business assets that could impose significant influence on investors' decision making is communicated to a counterparty, IIJ make public disclosure of such information.
However, this is not applicable when such a counterparty, due to laws or contract, is obligated to confidentiality of the information and/or not to engage in trading of securities as defined in the Financial Instruments and Exchange Act as well as its Article 27, Provision 36 related Note "Fair Disclosure Rule Guideline."

Quiet Period

IIJ observes a quiet period from the day following the end of a quarterly accounting period to the date of announcement of the financial results, during which the Company will not answer questions or comment on the current financial quarter or future financial results and/or projections in order to prevent information leakage and to maintain fairness.
In the event that the Company determines that future financial results will be materially different from the target of financial results that it previously disclosed, IIJ will provide amended financial targets in a timely fashion.

Provision of Information in Individual Meetings with Investors and Responding to Third Party Guidance

IIJ only discusses information in individual meetings or explanatory meetings with institutional investors, analysts and individual investors that is public information that has already been disclosed.
IIJ does not support or deny any analysis and projections about future financial results that is made by third parties.

Statements Regarding Future Financial Results

Informational statements that IIJ discloses regarding IIJ's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements that are based on IIJ's and managements' current expectations, assumptions, estimates and projections about its business and the industry. These forward-looking statements are subject to various risks, uncertainties and other factors that could cause IIJ's actual results to differ materially from those contained in any forward-looking statement. Please refer to Yuka-shoken-hokokusho, an annual report that IIJ submits to the regulatory public organization in Japan and other documents for the risks, uncertainties and other factors.

Notice about Information Disclosure on the Website

While IIJ pays close attention to information disclosure on its website, IIJ does not guarantee that the information is up-to-date or accurate except for English information required by Rule 12g3-2(b) under the Securities Exchange Act of 1934.

As information disclosure on IIJ's website is a supplementary method of disclosure that follows the rules and laws mentioned above, there could be pieces of information that IIJ discloses that may not appear on the website. The information on the website could also be slightly different than the information disclosed by other methods. Please see the information that IIJ discloses on EDINET and TDnet. IIJ does not intend to solicit investments in its shares by disclosing information on the website. IIJ and IIJ management and employees are not responsible for any losses raised by utilizing information disclosed on its website.