Guidelines Concerning IR

Parco Co., Ltd., strives to present shareholders and investors with timely information that is fundamentally transparent, balanced and consistent. The company also endeavors to disclose information which complies with the rules on timely disclosure and other regulations of the Securities Trading Law and the Tokyo Stock Exchange, as well as ensuring that the information is valid so that the nature of the company is well understood by all. Specifically, the “Corporate Information and IR” pages on the company’s Internet site will continue to be enhanced and information disseminated to various media. In addition, information media, including various types of print media and meetings with interested parties, are to be used to provide an environment that allows all shareholders and investors free and easy access to easily understandable information.

To avoid leaks of accounting information and to ensure fairness, gag periods have been established which last several weeks leading up to the time accounting information is announced. During these periods, the company refrains from commenting or responding to questions. Yet in the event of a distinct gap between a performance forecast issued during the gag period and the one previously announced -- which lies clearly within the bounds of disclosure rules -- then that information will be disclosed via TDnet and press releases.