For timely, accurate and fair disclosure of information to stock owners and investors,
Precision System Science Co., Ltd. (PSS) complies with the regulation on fair disclosure specified by the Osaka Stock Exchange and discloses the corporate and other important information accurately and timely. Furthermore, PSS will disclose information that would be important and supportive to understand PSS.
For prevention of insider stock trading, PSS has prepared an internal information control regulation and will collect and control its internal information according to the regulation. When an important fact emerges, the information is reported rapidly from the division where the fact emerged to the director of the division, who is in charge of information, and the fact is confirmed. Each divisional director is responsible to collect and manage internal information, as an information control manager in each division, together with the director in charge of information and to make the employees recognize the importance of internal information.
Emerging facts, decided facts and financial information will be decided and disclosed fairly in the following way:
(1) Event/incidents emerged
When event/incidents emerged, each director in charge reports the fact rapidly to the director in charge of information. The information collected by the director in charge of information is discussed in the board of directors' meeting or the management meeting, and the information that is decided to be disclosed is disclosed soon according to the fair disclosure standard of the JASDAQ/Osaka Stock Exchange.
(2) Decision made
Important corporate information corresponding to the decided facts is discussed in the board of directors' meeting or the management meeting. As a result, if the information is decided to be disclosed by the director in charge of information, the information is disclosed soon according to the fair disclosure standard of the JASDAQ/Osaka Stock Exchange.
(3) Financial information
Financial information is discussed and approved in the board of directors' meeting, and disclosed soon, under control of the director in charge of information, according to the fair disclosure standard of the JASDAQ/Osaka Stock Exchange.
After such a process for decision of fair disclosure, disclosed documents are prepared in the Finance & Administration Division. All disclosed documents are approved by the director in charge of information or the president. The documents concerning financial information (brief announcement of financial statement, quarterly statement, financial statement, etc.) are prepared in the Finance & Administration Division; the financial statement and the quarterly statement are audited by an audit corporation; the quarterly disclosure is reviewed by an audit corporation; and the financial information after audit or review is approved in the board of directors' meeting before disclosure.
The disclosed information will be disclosed through the disclosure database service TDnet and TSE press club when necessary. It is also displayed at the PSS website at the same time.