Investical Advertising Policy

1. Basic Principles

This Advertising Policy ("Policy") sets forth the advertising principles for the "Investical" service ("Service") operated by No More Monday Inc. ("We," "Us," or "Our"). Under our "Privacy by Design" foundational principle, we operate advertising in accordance with the following:

1. Limit the scope of advertising display: We display advertisements only on the public media area of the Service (login-free pages) and never on the user's private area or our administrative area.
2. Respect user privacy to the maximum extent: We respect DNT (Do Not Track) / GPC (Global Privacy Control) signals; for users with these enabled, we do not load the advertising script at all. We also adopt "Non-Personalized Ads" as the initial default.
3. Clearly distinguish advertising from editorial content: We display "Ad" or "広告" labels on every ad unit and conduct no stealth marketing whatsoever.
4. Exclude inappropriate advertising: We pre-register categories that could disadvantage users (investment scams, unregistered financial products, etc.) on the blocklist.

Scope of this Policy: This Policy governs third-party advertising delivered by third-party ad networks (e.g., Google AdSense). First-party communications from us (Investical) — such as announcements about the Service and information about new features and our paid plans, delivered within the Service interface and through the Investical sub-calendar — do not constitute "advertising" under this Policy; they are first-party communications governed by Privacy Policy §6.3. Accordingly, Basic Principle 1 above (no third-party advertising in the user's private area or our administrative area) does not restrict our own first-party communications.

2. Advertisements Displayed

2.1 Advertising Distribution Service

The Service uses the following advertising distribution services:

• Google AdSense (provided by Google LLC)
• AccessTrade (an affiliate service provider (ASP) operated by Interspace Co., Ltd.; performance-based affiliate banner advertising)

If we add or change advertising distribution services in the future, we will revise this Policy and publish the changes through the notification methods specified in Privacy Policy §13.

2.2 Placement Format

To preserve the user experience, we adopt the following operational standards for ad placement:

• Placement method: Manual placement only. AdSense Auto Ads is not adopted.
• Primary placement: Right column of the media area (300×600 sticky + 300×250 medium rectangle)
• Auxiliary placement: 728×90 / responsive 1 unit directly below the events list
• Maximum ads per page: 3 units (right column 2 + main 1)
• Mobile placement: Right column moves to inline below main, 1 unit only
• Lazy load: Lazy loading via IntersectionObserver to minimize impact on Core Web Vitals

2.3 Areas Where Advertising Is Not Displayed

We do not display any advertising in the following areas:

• Dashboard (/dashboard/*)
• Settings (/settings)
• Payment checkout (/pricing/checkout)
• Administrative console (/dataops/*)
• Authentication paths (/login/*, OAuth callback)
• Customer support (/support)

3. Advertising Categories Not Displayed (Blocklist)

To ensure user trust and the brand-safety of the Service, the following categories are pre-blocked in the AdSense console:

• Investment signal distribution services ("signal" / "buy alert" / "推奨銘柄" / "AI 投資" type signal distribution)
• Investment schemes claiming principal guarantees (advertisements containing "principal guaranteed," "absolute profit," "no risk")
• High-leverage forex trading (50× or higher, including overseas unregistered operators)
• High-leverage cryptocurrency trading
• Binary options (domestic and international)
• Unauthorized financial products (credit investigation, credit repair, Ponzi schemes, etc.)
• Investment information services competing with our Service (excluded to ensure fair trading)
• Other categories we judge brand-unsafe

We operate the blocklist using both the "Blocked Content" (URL block) and "Sensitive Categories" (category block) features in the AdSense console.

4. Placement Principles (Prohibited Placements)

To avoid distorting user judgment, we prohibit ad placement in the following areas:

• Adjacent to ticker symbols, stock prices, or event information
• Within 200px of CTAs (e.g., "Sign in," "Add to watchlist")
• Within AI commentary sections
• Adjacent to pending_data (events with undetermined dates)

5. Disclosure That Content Is Advertising

To comply with the Premiums and Representations Act (stealth marketing regulation effective October 2023) and to protect users, we implement the following measures:

1. Every ad unit is labeled with "広告" (Japanese version) or "Ad" (English version).
2. The label font size is at least 10–12px, with a background contrast ratio of 3:1 or higher, ensuring clear visibility for users.
3. In addition to the "Ad" notation automatically provided by AdSense, the Service independently displays a label, enabling users to clearly distinguish advertising from editorial content.
4. We engage in no stealth marketing whatsoever (no advertising that fails to disclose its advertising nature).

5.1 Disclosure Assessment for Affiliate Advertising (AccessTrade)

As part of ticket f01f9007 (2026-08-27), we assessed whether the introduction of AccessTrade banners requires additional disclosure or compliance measures beyond what is already in place. Conclusion and rationale below.

Conclusion: No new disclosure text (e.g., a separate "PR" label) is required. Applying the existing "Ad"/"広告" label (items 1–3 above) is sufficient.

• Japan's stealth-marketing regulation (Act against Unjustifiable Premiums and Misleading Representations, revised General Designation No. 9, effective October 1, 2023) prohibits representations that a general consumer cannot recognize as a business's own advertising; this requirement extends to banner/image advertising, which must also be displayed in a manner a general consumer can recognize as advertising (per Consumer Affairs Agency guidance and industry commentary reviewed for this ticket). Because the Service applies the same mechanism and the same visual treatment used for AdSense (the "Ad"/"広告" label at a minimum 10–12px, per item 2 above) to AccessTrade banners as well (see renderAccessTradeBanner in src/components/media/ad-slot.ts), this requirement is satisfied by design.
• On the affiliate-specific point: the Consumer Affairs Agency's 2022 report from its study group on affiliate advertising notes that an affiliate/media operator can itself be held responsible under the Act (alongside the advertiser) as a party that "made the representation," when the affiliate creates or edits the promotional content (e.g., exaggerated efficacy claims). Our implementation places the banner image and affiliate link supplied by AccessTrade as-is; we do not author descriptive copy or reviews ourselves. Primary responsibility for the appropriateness of the representation content (i.e., whether it constitutes a misleading representation as to quality or price) therefore rests with the advertiser/AccessTrade. We recommend that whenever Keita selects an advertiser or campaign (including at the periodic review cadence established as part of this ticket's operational scope), the selection be checked against the blocklist criteria in §3 of this Policy (investment scams, principal-guarantee claims, unregistered financial products, etc.).
• /ads.txt (the IAB Tech Lab standard referenced in §2, see the ads.txt route) is a mechanism for declaring authorized sellers in programmatic real-time-bidding ad transactions; ASP-mediated, performance-based affiliate links such as AccessTrade's fall outside its scope (no entry required). No change was made to ads-txt.ts as part of this investigation.

Where residual uncertainty remains (e.g., the legality of a specific campaign's representation content, which we cannot judge unilaterally), we will confirm with Keita on a case-by-case basis.

6. Consideration for Third-Party IR Sites

The Service displays the IR page URLs of listed companies on stock detail pages (as visible links and as embedded structured data JSON-LD provider.url) to enhance accessibility to publicly disclosed IR information.

When reasonable requests or notifications are received from the relevant companies, we, at our own discretion, will promptly adjust the stocks.ir_public_display flag for the stock and modify the display format or hide it, through an opt-out mechanism we have established.

6.1 Opt-Out Options

6.2 Receipt of Requests

Opt-out requests are accepted at support@investic.al. We will confirm the contents promptly upon receipt and notify the requester of our decision and response.

7. Detection and Response to Violating Advertisements

7.1 User Reports

If an advertisement matching the blocklist in §3 of this Policy is displayed, or if a user finds an advertisement to be inappropriate, please contact support@investic.al. We will confirm the contents promptly upon receipt.

7.2 Response after Confirming a Violation

When a reported advertisement is determined to violate this Policy, we will immediately add the relevant advertiser or category to the blocklist through the AdSense console.

7.3 Sampling Audit

Quarterly, we sample the rendering log of advertisements actually displayed on the Service and verify that no advertisements have slipped through the blocklist and that no new inappropriate categories have emerged. When detected, we continuously update the blocklist.

8. Opt-Out (for Users)

Users can stop personalization of advertisements by the following methods. For details, see §16 of the Privacy Policy.

• All Google personalized ads (across all sites): Google Ads settings
• Service only: Select "Do not consent" on the CMP (Consent Management Platform) banner
• All ads hidden: Enable DNT (Do Not Track) or GPC (Global Privacy Control) in the browser

9. Amendments

This Policy may be amended as necessary. For significant amendments, we will publish them through the notification methods specified in Privacy Policy §13.

10. Contact

For inquiries regarding this Policy, please contact support@investic.al.

11. Effective Date

Effective from June 5, 2026.

Last updated: 2026-08-27 (added AccessTrade in §2.1; added §5.1 affiliate-advertising disclosure assessment)