IR POLICY
Basic Policy on IR Activities
The Company complies with the “Hoosiers Group Action Guidelines,” which stipulate provisions to disclose corporate information to shareholders and investors in a timely and appropriate manner in accordance with relevant laws and regulations, in an effort to help them understand the Company’s management strategy and financial condition, etc.
Disclosure Policy
1. Information disclosure standards
The Company conducts disclosure activities in accordance with the Financial Instruments and Exchange Act and all other relevant laws and regulations as well as rules concerning timely disclosure of corporate information as stipulated by the “Securities Listing Regulations” of Tokyo Stock Exchange (“Timely Disclosure Rules”). The Company also actively discloses information that it believes to be useful in fostering understanding of the Company to the extent possible even where the Timely Disclosure Rules do not apply.
2. Information disclosure method
The Company promptly posts information, etc. subject to the Timely Disclosure Rules on the Company’s website following the disclosure through TDnet (Timely Disclosure Network). The Company also discloses disclosure documents, including Annual Securities Report and Quarterly Securities Report, via EDINET (Electronic Disclosure for Investors’ NETwork) operated by the Financial Services Agency.
3. Insider information management
In accordance with the “Insider Trading Regulations” established to prevent insider trading and fulfil our corporate social responsibility, the Company discloses information to shareholders and other stakeholders by ensuring that insider information is strictly managed, and that the Group’s officers and employees are thoroughly informed and receive adequate education.
4. Quiet period
In order to ensure fairness to all stakeholders, the Company has defined a quiet period beginning from the day after the end of each quarter through to the announcement of financial results for the quarter. During this period, the Company refrains from responding to questions or making comments on its financial/earnings results and forecasts. If, however, the earnings forecasts are expected to significantly change during the quiet period, the Company will announce them in accordance with the Timely Disclosure Rules. The Company also responds, even during the quiet period, to questions, etc. regarding the already published information.
Policy on Constructive Dialogue with Shareholders, etc.
1.System to promote dialogue
The business planning department is in charge of investor relations under the supervision of the executive officer in charge of the business planning division. While the President and Representative Director and the executive officer in charge of the business planning division generally engage in dialogue with shareholders, the lead independent outside director will actively join the dialogue if deemed especially necessary.
2. System to assist dialogue
To provide accurate information based on the interests of shareholders from a mid- to long-term perspective, the finance department and the legal department, in coordination with the business planning department, assist the dialogue.
3. Initiatives to enhance dialogue
The Company endeavors to enhance information disclosure to shareholders, etc. by, for example, setting up the IR information page on the website and posting the latest information as a way to have a constructive dialogue with shareholders, etc. and also provides opportunities to engage in direct dialogue by holding individual interviews, financial results briefings for institutional investors, and company briefings for individual investors on a regular basis.
4. System to provide feedback on dialogues
The business planning department provides feedback on opinions, requests, inquiries, and concerns, etc. learned from dialogues with shareholders, etc. in a timely and appropriate manner depending on the nature to the Board of Directors or the Management Committee to reflect them on the management.
Implementation status of dialogue with shareholders, etc.
1. Implementation status (FY3/26)
(1) Main persons engaging in dialogue with shareholders, etc.
- President and Representative Director, Executive Officer,CEO
- Executive officer in charge of the business planning division
(2) Activity status
- Individual interviews with institutional investors in Japan and overseas
- Financial results briefings for institutional investors (semiannually)
- Company briefings for individual investors (several times a year)
2．Main themes and concerns discussed in the dialogue
Characteristics and strengths of the Company’s business model, progress status of the Medium-Term Management Plan, the growth strategy by business in the light of the recent business environment, the sustainability strategy, etc.
3．Feedback on shareholders’ opinions and concerns learned from the dialogue to the management and the Board of Directors
Various indicators such as stock price behavior are monitored by the Board of Directors/Management Committee on a regular basis, and the management and the Board of Directors receive feedback on shareholders’ opinions and concerns as needed and discuss them on an ongoing basis.
4．Measures implemented in response to the dialogue
Enhance various IR disclosure materials, use as reference in developing the Medium-Term Management Plan and in considering the composition of the Board of Directors, etc.
We will continue our efforts to achieve sustainable growth and improve medium- to long-term corporate value through constructive dialogue with shareholders, etc.