Relationships with Society

Communication to Shareholders & Investors

We strives to achieve sustainable growth and enhance corporate value in the medium to long term through highly transparent and reliable disclosure as well as sincere communication.

Disclosure of Corporate Information

For the Company, timely and appropriate disclosure to shareholders and investors serves to ensure transparent and fair decision making as well as effective corporate governance functions. We also believe that it contributes to increasing corporate value by promoting public understanding and an appropriate market assessment of the Company.
Therefore, we not only undertake disclosure required by laws and regulations, but also publish information proactively mainly through our website, working in this way to create a system for highly transparent and reliable disclosure.
To ensure that our disclosed information can be easily understood and serves as a useful basis for investment decisions, we adopt reader-friendly language and formats in our materials, and we are improving both financial and non-financial information. We also provide an English language version where the information is considered likely to be of particular importance to non-Japanese shareholders and investors.

Disclosure Policy

Profit Return

We consider return of profits to shareholders as one of the most important management issues. Based on the recognition that enhancement of corporate value through investments for growth is in the common interest of our shareholders, while prioritizing business investment that will lead to sustainable enhancement of corporate value, our basic policy is to distribute profit to shareholders according to profit growth, with a target total payout ratio to Profit attributable to owners of parent before amortization of goodwill 40%.

Shareholder Returns / Dividends

General Meeting of Shareholders

When holding the Annual General Meeting of Shareholders, we ask individual shareholders to exercise their voting rights via the voting rights exercise website on the internet and ask institutional investors to do so through an electronic voting platform beforehand. We would like to make an effort to ensure there is ample time to deliberate and sufficient information for exercising voting rights by providing information impartially and broadly to all shareholders. For example, we send out meeting notice early, improve the information on notice, post a relevant material on our website in advance, and introduce a web-based meeting notice which could be easily and conveniently viewed on smartphone and computer.

General Meeting of Shareholders

IR Activities

IR Library

The status of fiscal 2021 investor relations activities is as follows.
For the convenience of analysts and investors, we are enhancing our communications by using the Internet for interviews and briefings.
We will continue to use opinions and requests from shareholders and investors as references to improve our investor relations activities, and will aim to enhance our corporate value in the medium to long term.

Activity	Contents
Interviews with analysts, and institutional investors in Japan and overseas	Held individual interviews with analysts and institutional investors in Japan and overseas, and attended conferences hosted by securities companies.
Briefings for institutional investors and analysts	Held various types of briefings about topics such as our business and ESG, which are considered to be of great interest for investors, in addition to the quarterly earnings briefings.
Briefings for individual investors	Held online corporate briefings. For those who were unable to attend the briefings on the day, video record of the briefings and their transcripts were made available online. Posted on our website the videos and transcripts of earnings briefings, ESG briefings, and other types of briefings, including Q&A sessions.
Posting Investor Relations materials on our website IR Information	Posted materials such as the consolidated financial results and earnings briefings materials, as well as securities reports (quarterly), materials relating to the General Meeting of Shareholders, the investor relations event calendar, and so on. Streamed videos of earnings briefings and posted briefings materials with transcript and Q&A. Introduced a chart generator in fiscal 2021 that customizes and shows key financial data of prior fiscal years in various types of graphs.