Concerning Media Reports on Former Employees under Investigation of Suspected Insider Trading

Today, some media outlets reported that the former employees of Square Enix Co., Ltd. (hereafter "the Company") were under investigation for suspected insider trading. We have been fully cooperating with requests from the Securities and Exchange Surveillance Commission.

As the investigation by the Tokyo District Public Prosecutors Office is underway, we will continue to fully cooperate with their investigation.

We deeply regret the great concern this has caused to all concerned. We have dealt with this incident strictly, including internal disciplinary actions taken against the suspected employees.

We have established the proper management system for confidential information and have also set up a system to prevent insider trading, such as the obligation of prior notification when trading the Company's stock and prohibiting the stock trading of the Company and listed companies that have the business relationship with the Company before important non-public information is disclosed. We have also worked to ensure thorough awareness of the regulations through employee training. Taking the recent incident sincerely, however, we will take further actions as preventive measures throughout the Company by further tightening internal regulations and conducting more thorough employee education programs.