Promotion and Disclosure of Engagement with Shareholders
Basic Policy
Our basic policy is to disclose appropriate information in a timely manner regarding our management policies and initiatives aimed at sustainable growth and the enhancement of corporate value in the medium to long term, explain them in easily understandable language, and actively engage in dialogue with shareholders, investors, and other stakeholders. We will report the opinions obtained through dialogue with shareholders, investors, and other stakeholders to the Board of Directors and use them to inform further initiatives.
System for Dialogue
The Director in charge of Business Management Department oversees dialogue with shareholders and investors. Actual meetings are handled by the Director or Business Management Department as appropriate, depending on the purpose of the meeting.
- For individual shareholders, we strive to provide easily understandable information through the issuance of shareholder newsletters and business explanations on our website.
- For institutional investors and securities analysts, we hold semi-annual earnings briefings, individual meetings with directors or Business Management Department, and small meetings with the president or director in charge of Business Management Department as speakers.
Feedback to Board Members
- President and Representative Director will report the opinions of shareholders, investors, and others to the Board of Directors as appropriate.
- Board members other than those presenting at the financial results briefing will watch the briefing and exchange opinions as appropriate (twice a year).
Dialogue with Shareholders (results for fiscal year ending February 2026)
- Financial Results Briefings: 2 times
- Small meetings: 15 times
- Individual Dialogue: 191 times
Domestic: 98 times (51%), Overseas: 73 times (38%), Analysts: 20 times (10%) *% is Composition ratio.
Representatives: President and Representative Director, Director in charge of Business Management Department, Business Management Department
*The interlocutor for the meeting will be determined based on shareholders' preferences and the main topics of interest for the discussion.
Dialogue and its Feedback to Board Members
We held earnings briefings for institutional investors and securities analysts, where we explained our performance and the contents of our newly formulated medium-term management plan. In small meetings and individual dialogues, we provided explanations of our performance and medium-term management plan, as well as our business activities and market conditions, to deepen their understanding of our company.
For the fiscal year ending February 2026, the main topics of dialogue were quarterly financial summaries and forecasts, the contents of the medium-term management plan, capital policy, research and development, and sales strategy.
The valuable opinions gathered through dialogue with shareholders, investors, and others were reported by Business Management Department to the President and Representative Director and the Director in charge of Business Management Department, and then reported to the Board of Directors by the President and Representative Director.
Dialogue Outcomes
In disclosing our medium-term management plan, we have quantitatively presented our cash allocation items in addition to our past sales and profits. We aim to increase corporate value by using disclosure as a basis for dialogue, providing feedback to management, and driving a cycle of management strategy.