IR Library

Our initiatives and Status of Shareholder Dialogue

• We continue to engage in dialogue with the market through IR activities and presentations involving management representatives, seeking to build a better understanding in the capital markets of our growth potential.
• We also endeavor to improve the quality and quantity of these dialogues with the market, holding briefings conducted by business managers, publishing integrated reports, and enhancing our English-language disclosures.
• We adopted a stock-based compensation plan for directors in fiscal 2016, adding a total shareholder return (TSR) evaluation element in fiscal 2023. In fiscal 2025, we added consolidated ROE, gross merchandise value (GMV) of the Company's e-commerce mall, and employee satisfaction score to the list of evaluation factors. We will continue to improve this plan to ensure director performance incentives align with the KPIs of our growth strategy.
• To maintain stable dividends, even under temporary fluctuations in profitability, we adopted the dividend on equity ratio (DOE) standard in fiscal 2025, establishing a minimum DOE of 4.5%.
• We aim to enhance corporate value by formulating, disclosing, and consistently implementing business plans that are sensitive to the capital markets.

IR Activities

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