Disclaimer

This disclaimer applies to every person who accesses this site (http://www.tokyu.co.jp/contents_index/guide/investors.html) operated by Tokyu Corporation (hereinafter "the Company"). Please carefully read this disclaimer carefully before using this site. Use of this site will be deemed to constitute acceptance of this disclaimer.


1. Purpose


This site is provided solely for your convenience, and is to be used for noncommercial purposes only and at the responsibility of the user. If you wish to use any information provided on this site for commercial purposes, you will need to obtain permission from the Company as prescribed elsewhere and contact the Company to obtain permission for each use.
No information displayed on this site constitutes an invitation to purchase, sell or otherwise deal in shares in the Company.


2. Modification


This site may not contain all of the information disclosed by the Company to stock exchanges, etc or may use expressions that differ from those used in the disclosed information. The information on this site may be modified or deleted without prior notice.


3. Copyright, etc


The information, specifications, programs and all other writings provided for on this site are protected by copyright, trademark rights and other intellectual property rights owned or controlled by the Company or their respective owners. In using this site, you are required to comply with all laws and regulations applicable to copyright, trademark rights and other intellectual property rights. The Company prohibits the replication, disclosure, distribution, transfer, rental, translation, reproduction and alteration of any content contained on this website without the prior consent of the Company or other copyright owners and also prohibits citation without permission.


4. Warranty


The investor information provided for on this site includes the Company's earnings estimates disclosed in flash earnings reports, etc. in accordance with the Financial Instruments and Exchange Act and the Rules of Timely Disclosure of Corporate Information by Issuer of Listed Security and the Like prescribed by the stock exchanges as well as the Company's financial information, management information, and other information. Although the Company endeavors to keep the displayed information accurate and up-to-date, no warranty is given as to the accuracy, currency, continuity and quality of such information. You are requested to refrain from placing undue reliance on the information displayed on this site and to always use your own judgment when making investment decisions.


5. Liability


Under no circumstances will the Company and information providers be liable to any party for any damages that result from any error in content or from any use of the information on this site.
The Company also accepts no liability whatsoever for any failure, etc. that results from falsification of data by any third party, data download and the like for any reason whatsoever.


6. Forward-looking statements


The Company's plans, strategies and beliefs provided for on this site that are not historical facts are forward-looking statements, etc. based on the information currently available to the Company and contain risks and uncertainties. Please note that the Company does not warrant their certainty and actual results may differ materially from forecasts due to various factors.


7. Cautionary statement


The IR information provided for on this site may contain information that falls under "material facts" prescribed in Article 166 of the Financial Instruments and Exchange Act.
Article 30 of the former Order for Enforcement of the Securities and Exchange Act (the so-called 12-hour rule) was revised on February 1, 2004 and the disclosure of material facts, if registered through the Timely Disclosure Network of the Tokyo Stock Exchange ("TDnet"), was legalized as a public announcement action for exemption from insider trading regulations. However, if disclosure is made to two or more news outlets (at times of TDnet disorder or in a public announcement not made through TDnet), it falls under "before 'public announcement'" provided for in Article 30 of the Order for Enforcement of the Financial Instruments and Exchange Act during the time before a lapse of 12 hours. Please note that if a person who reads the "material facts" on this site purchases or sells the Company's shares, etc before the "public announcement action," it may be in conflict with the provisions of the Financial Instruments and Exchange Act as being violation of insider trading regulations.


8. Links to other sites


This site contains links to other sites not operated by the Company. Links to those sites are provided for your convenience, and should you choose to use them please note that you do so at your own risk. The Company makes no recommendation, warranty, etc. in relation to the use of such other sites by you or the information displayed on those sites (including any data, etc.). Under no circumstances will the Company be liable to any party for any damages that result from the use of such other sites or the information displayed on them. Links to this site shall be subject to the prior consent of the Company, and those who request the Company's authorization for links should contact the Company to obtain permission for each link.


9. Jurisdiction court


The court with jurisdiction over the place where the Company is located shall be the court of first instance for any litigation that may arise between you and the Company.



Related Link