On March 30th 2017, Financial Services Agency of Japan has released “Principles for Customer-Oriented Business Conduct”, and the Company’s view regarding the seven principles stated in such Principles is as follows:

The Company will maintain a high level of expertise and professional ethics as Financial Instruments Business Operator and operate our businesses in a loyal and fair manner for the best interest of the Investment Corporation. In addition, the Company will endeavor to establish such business operation as its corporate culture.

In compliance with applicable laws and internal rules, the Company will accurately grasp potential conflict of interest with the Investment Corporations. If there is a potential conflict of interest with regards to the transactions, the Company will manage such conflict of interest in appropriate ways such as discussing the transaction within the Compliance Committee (whose member includes external specialist) and Board of Directors before it is conducted.

The Company will provide detailed information regarding commissions and other costs to be borne by the Investment Corporation, including description of the services for which such commissions are incurred, in a manner comprehensible by investors of the Investment Corporation as the final beneficiary within the investment chain (hereinafter referred to as “Investors”).

The Company will provide Investors with important information plainly in a manner comprehensible by Investors.

The Company will endeavor to grasp the Investors’ demands, and will conduct asset management taking such demands into account.

The Company adopts accomplishment of compliance objectives as one of the employees’ performance evaluation indicators to ensure actions to pursue best interest of Investment Corporations and Investors and appropriate management of conflict of interest.
In addition, the Company conducts compliance training for all employees on a regular and continuous basis and makes day by day improvements.