Status of Dialogue with Shareholders and Institutional Investors
Period : January - December 2025
Opportunity for dialogue / Our correspondents / Total number of times implemented
| Opportunity for dialogue | Total number of times implemented | |
|---|---|---|
| Financial Results Briefing for the Full Year Ending December 31, 2024 | President, Executive Officers | One time |
| Financial Results Briefing for the 1st Half of Fiscal Year Ending December 31, 2025 | President, Executive Officers | One time |
| Individual interviews (IR interviews) | Executive Officers, Corporate Communications Dept., etc. | 120 times |
| Individual meetings (with shareholders) | Executive Officers, General Affairs Dept., Corporate Communications Dept., etc. | 9 times |
| Hearing regarding our company's information disclosure | Corporate Communications Dept. | One time |
| Individual Investor Relations | General Affairs Dept. | 81 times |
| Publication of transcript article of the financial results presentation | General Affairs Dept., Communications Dept. | One time |
Main themes in the dialogue
- Expectations regarding capital policy and shareholder returns
- Growth strategy focused on expanding the 3 M fields based on the e-MOTO concept, including the utilization of M&A
- Market environment and sales conditions for automotive electrical equipment and life & industry equipment
- Initiatives on sustainability
Details of initiatives in response to the dialogue
- Added ROE of 10% or more to the financial indicators of the Management Plan 2030, and announced dividend calculation criteria that take into account an ROE of 8% and a PBR of 1x.
- Implemented a total of 7 billion yen in share buybacks in 2025, and announced an additional 19 billion yen to be executed
- Enhanced the descriptions of business strategy and profitability improvement initiatives in the full-year 2024 financial results presentation (disclosed February 14, 2025) and the Integrated Report 2025 (published July 4, 2025)
- Expanded explanations linking human capital disclosure to the Management Plan 2030
- Regular disclosure of sustainability targets and ESG data
- Held a public session to publish the earnings briefing transcript article
Feedback Status
- Regular reports twice a year at Board of Directors meetings
- Report opinions and feedback of shareholders and investors obtained through individual interviews to the Board of Directors in a timely manner, depending on the content