Communication with Society

Relationships with Shareholders and Investors

We have formulated a Disclosure Policy and disclose information in accordance with the rules on timely disclosure established by the Tokyo Stock Exchange, Inc., on which our shares are listed. We also regularly report the opinions of shareholders and institutional investors, which are captured through dialogue, to the board meeting.

Institutional Investors, Analysts, and the Media

We hold a financial briefing meeting for institutional investors, analysts, and the media every half year to explain the overall conditions of our business. This meeting is attended by the CFO / Officer in charge of Financial Department and the managers responsible for individual divisions. We also hold tours of our facilities for institutional investors and analysts as needed so that they can see our work sites in person and better understand our production and research. In addition, we participate every year in conferences in Japan and overseas hosted by securities companies.

Overseas Investors

The CFO / Officer in charge of Financial Department participates every year in conferences hosted by securities companies or other entities that are held in the United States, Europe, Asia and other regions. At these conferences, the CFO provides explanations directly to overseas investors and exchanges opinions with them.

We publish news releases, business plans, presentation materials for full-year and first-half financial results briefing sessions in both Japanese and English at the same time, in principle, with the aim of disclosing information more promptly and fairly to investors in Japan and overseas.

Private Investors

Once a year, we hold a briefing session for private investors, at which the CFO / Officer in charge of Financial Department provides explanations. We also hold a convivial party for shareholders after the end of each general shareholders’ meeting to promote constructive dialogues with the shareholders who participated in the meeting.

Environmental Reporting Platform Development Pilot Project

As part of our efforts to disclose ESG information, which has been growing in demand from institutional investors in recent years, we have participated in the “Environmental Reporting Platform Development Pilot Project” established by the Ministry of the Environment.


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