Communication with Shareholders and Investors

Basic Concept

Promoting information disclosure actively based on the Charter of Corporate Behavior.

Konica Minolta believes that maximizing its corporate value is part of meeting the expectations of its shareholders and investors.
In order to maintain close relations with these stakeholders, Konica Minolta is working to ensure that they have a good understanding of all the Group's activities. This is achieved through proactive investor relations (IR) efforts in accordance with the concept of fair and timely disclosure of corporate information, as stated in the Konica Minolta Group Charter of Corporate Behavior.

Active Deployment of Investor Relations Activities

Actively engaging in IR activities for institutional and individual investors

Every quarter, Konica Minolta holds financial results briefings for securities analysts and institutional investors. The Company has also designated IR Days and holds business briefings to help investors gain a better understanding of Konica Minolta’s business strategies and strengths. Individual interviews and meetings are also held after these briefings, as necessary, to provide follow-up information. The Company visits institutional investors, although these have been primarily held online during the COVD-19 pandemic. Konica Minolta also actively participates in investor conferences held by brokerages, both in Japan and overseas, in an ongoing effort to communicate directly with investors.
In recent years, ESG investment, which considers corporate approaches to the environment, society, and governance in addition to financial performance, has been rapidly growing. Konica Minolta proactively disseminates information in response to the interests of such investors.

Implementation Status of Various Briefings (FY2021)
Financial Results Briefing	Every quarter (online event)
Investor Conference	Four meetings (online event)
Private Investor Briefings (President and CEO)	One meeting (online event) with 709 participants
Small meetings (President and CEO)	Four meetings
Small meetings (President and CEO)	Securities analysts
Business presentation	One meeting
Business presentation	For securities analysts, institutional investors and the media ✓ Briefing on Industry Business (participants: 103 securities analysts and institutional investors)
Individual meetings	A total of some 330 meetings (100 companies)

IR Event

IR Activities by Top Management

Konica Minolta's top management is actively involved in dialogues with analysts and large institutional investors both in and outside Japan, and the disclosing of information.

In fiscal 2021, infectious diseases with mutated strains of COVID-19 began to spread again in each region. Further, according to the spread　of the infectious disease and change in people’s daily lives, a shortage of semiconductors and other materials and tight logistics had a great impact on economic activities. In the Digital Workplace Business, which accounts for a large proportion of Konica Minolta’s sales, demand for paper output in offices declined, particularly in Europe and the US, but the Industry Business performed well, particularly the unit that identified changes in demand. Given these major changes in the environment, Konica Minolta determined that it needed to secure revenue through structural reform in the Office Business to better respond to threats, while identifying the opportunities resulting from these changes to achieve growth in strategic new businesses and making shifts in the Company’s portfolio for the medium to long term. These steps are essential in achieving sustainable growth.

To this end, at the financial results briefing sessions in fiscal 2020, top management not only explained business conditions, but also carefully laid out progress on structural reforms, the status of efforts to cut costs, trends in the recovery of sales in all businesses on a monthly basis and KPIs. Regarding sustainable grows, Konica Minolta held business presentation and explained shifts in the Company’s portfolio and the business that will drive us in terms of profitability and　growth. As it was difficult to hold in-person events, Konica Minolta used small meetings and talks online to ensure that investors in Japan and overseas had many opportunities for individual dialogue. In part because more individual investors hold Konica Minolta shares now, the Company holds separate online briefings for individual investors at which it explains business conditions and management strategies. These have been well attended.

In addition, every year more investors take non-financial information such as ESG into account in their investment decisions. Accordingly, Konica Minolta believes that it is important that management, including top management, holds direct dialogue and makes statements going forward. The executive officers in charge of these segments hold regular meetings with institutional investors, and the Chairman of the Board and an outside director regularly hold governance meetings. Konica Minolta management is actively engaging in dialogue and sharing information on the management foundation, including the intangible assets needed for sustainable growth.

Going forward, Konica Minolta will continue to increase opportunities for management, including top management, to engage in direct investor dialogues worldwide, as well as the briefings. The aim is for investors to be able to better understand and support Konica Minolta's sustainable growth, which is vital to society.

Strengthening the Dissemination of Information

In fiscal 2020, Konica Minolta continued to enhance the sharing of relevant information with investors through its IR website and Integrated Report. These efforts have been applauded by external organizations.

With the revamping the IR website in March 2018, the aim has been to continually provide information to shareholders and investors that is easy to understand. As a result, the site ranked first last year among listed companies in the Gomez IR Website Ranking, winning the gold medal for the eighth consecutive year. Subsequently, the Nikko IR Website Enhancement Ranking recognized it as the best website for the tenth consecutive year. Thus, the Konica Minolta IR website has continued to receive high praise from these major evaluation organizations.

The Integrated Report 2020 has once again been well received by external stakeholders. This is thanks to efforts such as enhanced disclosure and sharing of non-financial information, including intangible assets such as human resources and intellectual property, as well as disclosure based on the framework created by the Task Force on Climate-related Financial Disclosures (TCFD). The company's information sharing is promoted using a consistent story of value creation with reference to the Guidance for Collaborative Value Creation issued by Japan's Ministry of Economy, Trade and Industry. For the fourth consecutive year, the company was also recognized for having an excellent integrated report by external asset managers of Japan's Government Pension Investment Fund (GPIF).

Communication with Shareholders and Investors

Committed to fair and timely information disclosure and proactive dissemination of information

In order to ensure fair and timely disclosure of IR information, Konica Minolta has an investor relations section on the Group's website which is updated regularly with the latest information. Available in Japanese and English, the site provides financial results information, financial data, and other materials. After every quarterly results announcement, videos of briefings, briefing materials with comments, and the main Q&A content are released on the website.

Corporate Governance Report

The June 2015 adoption of the Corporate Governance Code has resulted in greater emphasis being placed on corporate governance initiatives. The company's views on corporate governance, which it has worked on actively since the early days of management integration, were compiled into a Corporate Governance Report and disclosed on the Japanese and English websites.

Measures to Vitalize the General Shareholder Meetings and Smooth Exercise of Voting Rights.

Early Notification of General Shareholder Meeting

The Company sends the convocation notices at least three weeks in advance of the scheduled date of the General Shareholder Meeting to shareholders in order to enable them to have sufficient time to deliberate on the proposed Agenda of Items. Simultaneously, the convocation notices and its English translation is posted on the Company's website.

Scheduling General Shareholder Meetings to Avoid the Peak Day

The meeting is scheduled to avoid the peak day so that as many shareholders as possible can attend.

Allowing Electronic Exercise of Voting Rights

Shareholders can exercise voting rights via the Internet by accessing the website for exercising voting rights designated by the Company through a personal computer, smartphone or cellular phone.
Japanese and overseas institutional investors can vote by using ICJ's electronic voting platform. However, pre-registration is required for the use of the platform.

Participation in Electronic Voting Platform

The Company posts convocation notices and its English translation on ICJ's electronic voting platform. Japanese and overseas institutional investors who have pre-registered for the use of the platform can directly access the contents of the convocation notices for deliberation, thus enhancing their convenience.

Providing Convocation Notice in English

As explained above, the Company posts English translations of convocation notices on the website. In addition, English translations of convocation notices are also placed on the electronic voting platform.