TAMURA
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TAMURA CORPORATION
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CSR Activities
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Japanese

Shareholder and Investor Relations
The timely and proper disclosure of company information in line with laws and regulations gives shareholders and investors an accurate understanding of the Tamura Group and wins their trust.

Financial briefings for investors
Financial results are announced in November, for the six months ending in September, and in May, for the twelve months ending in March. On the latter occasion, a press briefing is held. This is followed within a few days by a briefing for analysts and institutional investors where CEO and senior managers present an overview of the financial results and forecasts for the future. At briefings for investors, we also conduct surveys relating to investor relations of the Tamura Group as part of our efforts to improve the communication of company information to shareholders and investors.

IR information website
To ensure that information is released in an expeditious and fair manner, a Web site for investors (IR Information) has been set up as a way to foster communication.* Financial statements and materials distributed at financial briefings are posted on the Web site immediately after the financial results are announced. We also issue quarterly financial reviews and shareholder notices as other forms of com- munication with shareholders and investors.
* IR information can be found at http://www.tamura-ss.co.jp/en/finance/index.html.

Transition to International Accounting Standard
The Tamura Group started to act on implementation of the International Financial Reporting Standards (IFRS) in the year ending in March 2015. This requires careful consideration as implementation of IFRS will greatly affect the financial statements, including the timing to post profit, determination of transaction prices, depreciation of tangible fixed assets, and capitalization of development cost.
The period leading up to IFRS implementation is sectioned into five different phases. According to these phases, we plan to finish Phase 1 research by the end of March 2011, build the in-house project system starting April 2011, and complete up to Phase 3 by the end of March 2012.
Phase 1: Impact research
Phase 2: Design and planning of the implementation process
Phase 3: Development and improvement of measures for issues
Phase 4: Implementation and establishment
Phase 5: Follow-up after implementation and continuous improvement

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