In order to maintain the fairness of securities transactions and trust in the securities market, and to prevent the unauthorized use of the Company's information assets, the Denka Group Ethics Policy clearly stipulates that officers and employees of the Denka Group comply with laws and regulations concerning securities transactions and prohibits insider trading. Our company has established “Regulations on Internal Information Management and Insider Trading Prevention,” which do not only prohibit information leaks, but also require prior notification when buying and selling company shares and those of other companies including business partners and prohibit transactions indiscriminately two weeks before the scheduled date of financial results announcement. In addition, the Standards of Business Conduct stipulate to officers and employees of the Denka Group that insider trading is prohibited, explaining that insider trading is not only a misuse of the Company's information assets, but also undermines the fairness of securities trading.
Through the Denka Global Compliance Program, a group-level compliance training program, we require that all officers and employees of the Denka Group at home and abroad comply with the laws and regulations governing securities trading in their respective countries.
In addition, the General Affairs Department posts notices on the intranet prohibiting trading in the Company's shares from two weeks prior to the announcement of financial results to the day of the results announcement, and regularly sends out e-mail reminders to all officers and employees regarding the prevention of insider trading prior to this announcement.
In addition to the use of the intranet, etc., we will continue to systematically provide compliance training to officers and employees of Group companies at home and abroad to ensure that they are thoroughly familiar with laws and regulations and internal rules concerning information protection and securities trading, and strive to ensure the appropriate management of information and prevent insider trading.