IR Policy

Basic policy

In order to make its business activities clear to stakeholders involved, istyle inc. discloses information with transparency, fairness, alacrity, and on an ongoing basis to investors, and fosters fair and mutually-beneficial relationships.

Items disclosed

We comply with the following laws and regulations on disclosure of information and endeavor to disclose it in a timely fashion, and with alacrity.

Statutory disclosure
  1. Disclosure per the Financial Instruments and Exchange Act
    • Securities report
    • Quarterly reports
    • Internal control report
    • Extraordinary reports, etc.
  2. Disclosure per the Companies Act
    • Business reports
    • Financial statements, consolidated financial statements, and supplementary schedules
    • Notices of general meetings of shareholders, etc.
Timely disclosure
  1. Financial reports
    • Summary of financial results, etc.
  2. Disclosures of information about corporate decisions or events for which the Tokyo Stock Exchange requires timely disclosure
Other voluntary disclosure
  • Financial explanatory materials
  • Videos or Q&A sessions from financial results briefings
  • Mid-term business plan
  • PR information, etc.

Scope of critical information

The non-public information below is deemed critical information.

Information subject to restrictions on insider trading
Information that would significantly affect the value of marketable securities
  • Accurate fiscal information pertaining to reporting annual or quarterly earnings
  • Accurate information that would allow for predicting business performance
  • Mid-term business plan, etc.

Disclosure method

Legally or statutorily mandated disclosure, and voluntary disclosure, shall be made via the outlets below.

  • Electronic Disclosure for Investors' Network (EDINET) provided by the Financial Services Agency
  • Timely Disclosure Network (TDnet) provided by the Tokyo Stock Exchange
  • Our investor relations site

Organizational structure 

We maintain the following internal organizational structure for the handling of information.

Disclosure system
The CFO acts as the information management supervisor, with critical information from each department being consolidated and sent to the CFO. As needed, board meetings or management meetings are held to determine whether to disclose a piece of information, with the disclosure then made by the representative in charge of said information.
Determinations on critical information
We partner with the departments in question, with the CFO and IR personnel making a determination on the criticality of the information.
Where a further management decision is needed, the information may be reviewed at a management meeting.
We manage undisclosed information with due care to ensure that it is not leaked or selectively disclosed to third parties. In the event that information is inadvertently leaked by an officer or IR personnel to a financial instruments operator or other party, we will immediately disclose said information to the wider public.
However, the above shall not apply in the cases below.
  1. Where disclosure of the information would significantly impair the execution of legally or regulatorily mandated duties.
  2. Where the recipient of the information is bound by laws or other covenants that subject them to a duty of confidentiality or non-transaction of shares.
In-house training
We host training for officers and personnel concerning regulations against insider trading and improve their understanding of information management.

Discussions with shareholders and investors

 The Representative Director and other executives collaborate with each division, with those officers and departments responsible for investor relations leading various IR activities and engaging in ample discussion with shareholders and investors.

Major investor relations activities
Annual general meeting of shareholders
Financial results briefings
Speaking with the press
Taking part in conferences for institutional investors
Providing information through our investor relations site
Hosting business conferences, etc.


Quiet period
In order to prevent leaks of financial information and ensure fairness, as a rule, we impose a non-disclosure period between the date our accounting period closes and the date we announce financial results.
During this period, we refrain to respond to questions concerning undisclosed financial reports or performance forecasts.
Handling non-factual rumors
As a rule, we do not engage rumors or press reports on the company.
However, we may take measures as needed if we deem that the rumor has a significant deleterious effect on the market and its veracity must be clarified.