COVID-19

CORONAVIRUS (COVID-19) UPDATE: 22/04/2020

The potential disruption and magnitude of the coronavirus outbreak on the Company’s business operations will depend on certain developments, including the duration, spread and severity of the COVID-19 outbreak in Japan. The Company is actively monitoring and implementing specific precautionary measures to mitigate any potential disruptions. As of the date hereof, none of the Company’s operating or development projects have been adversely affected. However, the duration and extent of the COVID-19 outbreak and the potential financial impact on the Company’s operations and development activities cannot be reasonably predicted at this time and it is possible that COVID-19 may have a material adverse effect on the Company’s business, results of operations and financial condition including, without limitation, the possible suspension of construction activities at the Niigata project.



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