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| Backs Group conducts a proactive, timely and fair IR program to deepen the understanding of the Company among shareholders and investors, and to gain feedback from the market that will be reflected in its management and increase its share price. |
 

| Backs Group strives to continually provide all its shareholders and investors with information, in a timely, accurate and fair manner, regarding business activities, significant developments or decisions that could influence decisions on the value of investments. |
| 1. |
We will provide information regarding management of the
Company considered necessary for shareholders and investors to make independent
decisions regarding the holding of shares in the Company (determination of
investment value). |
| 2. |
Regarding disclosure of information concerning the future
direction of the Company, should we anticipate the possibility that we will
fail to meet our announced forecasts, the reasons will be disclosed in specific,
clear language (a "safe harbor" statement). |
 

| Disclosure of significant matters, in accordance with the
Securities Exchange Law and the regulations regarding timely disclosure established
by JASDAQ, will be registered in the TDnet system provided by JASDAQ, and
a release to media organizations made through the "Kabuto Club,"
the press club of the Tokyo Stock Exchange (TSE). |



| Legally required and voluntary disclosure of significant
matters will be posted on the Company's website immediately following release,
in order to facilitate widespread notice. |
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