Dialogue with Shareholders and Investors

Status of Implementation in FY2022

Main Correspondents

Representative Executive Officer, Executive Officer responsible for Corporate Planning and Investor Relations

Summary of shareholders with whom dialogue was held

Investment style: active, passive (domestic and overseas)
Counterparts: Fund managers, analysts, responsible investment representatives, shareholder voting representatives

Main topics of dialogue and matters of interest to shareholders


  • Current performance and future outlook
  • Details and progress of Mid-term Management Plan 2026
  • Approach to improving ROE (approach to business portfolio and related initiatives, business growth strategies, etc.)

<Financial Policy>

  • Shareholder return policy


  • Reduction of cross-shareholdings
  • Composition of the Board of Directors
  • Discussions at Board of Directors meetings (opinions of outside directors, etc.)
  • Disclosure of human capital –related information
  • Carbon neutrality initiatives

<Other Matters>

  • Direction of revision of voting standards for institutional investors
  • Disclosure via integrated report
Status of feedback to management, Board of Directors, etc.

The results of the above dialogue were reported to management as necessary, and the Board of Directors was also briefed on the results of the dialogue and the approach to future disclosure based on the feedback received.