We engage in dialogue with shareholders within reasonable limits with the aim of achieving sustainable growth and a medium- to long-term increase in corporate value. We employ the measures below in order to hold appropriate and constructive dialogues with our shareholders.
(i) The Corporate Planning Group is in change of investor relations (IR) under the leadership of the Director and General Manager of the Corporate Planning Group.
(ii) Departments such as the Corporate Planning Group, Administration Department, Finance Department and Internal Audit Department cooperate with each other through means such as holding regular liaison meetings to exchange information.
(iii) As a method of dialogue other than separate meetings with various investors, we hold briefings on financial statements for institutional investors twice a year, and the explanatory materials for these are posted on the Company’s website.
(iv) The opinions from shareholders and investors that are shared during the separate meetings in every accounting period are reported to the director in change, and major issues are reported to the Board of Directors.
(v) We have established regulations to prevent insider trading, and we manage insider information based on those regulations. We also take measures based on the regulations when engaging in dialogue with investors, such as by establishing a quiet period.
FY2023
Main responders
General meeting of shareholders |
All directors and auditors |
| Financial results briefing | President,Senior Executive Director,Executive Directors |
| Individual Meeting |
Persons in charge of Investor relations |
Number of interviews
51 meetings with analysts and domestic and international institutional investors.
Main topics of the dialogue and shareholder interests
* Business environment and outlook by segment
* Measures to improve profitability of the device business
* Future growth strategy for EV chargers
* Response to PBR below 1x
* Shareholder return
* Sustainability activities
Feedback to the Board of Directors
The General Manager of the Corporate Planning Group reports to the Board of Directors on a quarterly basis on the main topics of dialogue in the interviews, as well as concerns and expectations raised about the Company by institutional investors and analysts.
Examples of implementation based on the dialogue
In response to requests to present initiatives for mid- to long-term growth and a growth strategy for EV chargers, the director in charge gave a presentation on "EV Charger Growth Strategy" at the financial results briefing for the second quarter of FY24/3.
