Social Responsibility
About
Investor Relations (IR) Activities
Prompt Disclosure of Accurate IR Information so as to Provide the Same Information to All Stakeholders at the Same Time
Basic IR Policy
Timely Disclosure of Accurate Information to All Shareholders and Investors
The Konica Minolta Group strives to maximize its corporate value so as to meet shareholders' and other investors' expectations. To build and maintain ideal partnerships with shareholders and other investors, we remain committed to IR activities. In addition to the timely disclosure of accurate information, as stipulated in the Konica Minolta Group Charter of Corporate Behavior, we hold as many meetings as possible in order to share up-to-date information on our corporate activities, based on our belief that "No news is bad news."
Activities during Fiscal Year 2006
Quarterly Briefings for Investors
During fiscal year 2006 we held quarterly briefings so as to share timely IR information with our shareholders, investors, and rating organizations. Moreover, on the very day of each briefing we post on our website (IR page) materials and financial data presented in the briefing, so that all our stakeholders can access the same information without undue time lag. To afford all stakeholders equal opportunity to access this information, we post both English and Japanese versions. After briefings, upon request we sometimes held follow-up meetings on an individual basis.
Enhanced IR Activities for Investors outside Japan
Overseas sales account for approximately 70% of Konica Minolta Group total sales. Moreover, increasing numbers of major institutional investors abroad are now paying even keener attention to our Group. This is indicated by the fact that the ratio of our shareholders outside Japan now exceeds 40%. In response to such growing interest in our Group, during fiscal year 2006 we placed particular focus on efforts to provide business information to our overseas investors on a fair and equal basis with Japanese investors, by overcoming such disadvantages as long distance and time lag. These efforts will continue.
For example, on our website, in both Japanese and English, we post materials used in our investors' quarterly briefings. On the night of a briefing day, we hold teleconferences with overseas investors in London and New York, and stand ready to hold such teleconferences and videoconferences upon investor request.
In 2006, we also participated in conferences held by securities companies for major institutional investors. Since such conferences bring together many influential investors from around the world, particularly from Europe and North America, these conferences provide ideal opportunities for efficient and intensive communication with overseas investors. Moreover, led by President Ota, we conducted a one-week roadshow in Europe (UK, France, and Germany), and another one-week tour to North America (U.S. and Canada), holding presentations and meetings with around 200 companies.
| Business performance briefings | Four times (mid-term, year-end, 1st, and 3rd quarters) |
|---|---|
| Participation in investors' conference held by securities companies | Three times (twice in Tokyo, and once in Hong Kong) |
| Roadshow | Two (Europe and North America) |
| Meetings with individual companies | With at least 400 companies |
Participation of Top Management
Top Management Responses to Investors
For top management, general meetings of shareholders and various other meetings with investors are golden opportunities to meet with shareholders and investors in person.
Also, we always welcome investor visits; our top executives occasionally meet with investors, as occasion demands. During fiscal year 2006, Konica Minolta held meetings with some 400 major institutional investors inside and outside Japan. Of those, either our CEO or directors/executive officers attended meetings with over 100 investors. To deepen top management's understanding of our investors, inquiries we receive from investors via phone and our website, along with results of questionnaire surveys conducted at briefings, are reported to all senior managers, including external directors, in the form of monthly IR reports.
Moreover, staff members of the accounting and planning divisions of our Group companies attend quarterly briefings to hear shareholders' and investors' comments and ideas, and to reflect them in our business plans.
IR Tools
Improving Readability and Clarity of IR Materials
For shareholders and investors both in Japan and abroad we issue various reports, including quarterly and mid-term shareholder newsletters (former business reports), investors' guides, and annual reports. Our particular focus is on improving the readability and clarity of our shareholder newsletters for individual shareholders. To this end, we include many charts and photographs. We have also begun to post our quarterly shareholder newsletter on our website.
To ensure that as many investors as possible receive up-to-date IR information on a fair and equal basis, we are seeking optimal use of the IR page on our website, where we provide information in both English and Japanese regarding our management strategies, business performance, and other financial data. The IR page also furnishes details of various IR materials. http://konicaminolta.com/about/investors
