Alongside our shareholders and investors
Based on the Mitsubishi Steel Group Code of Conduct and the Basic Policy for Corporate Governance, we engage actively in fair, accurate, and timely disclosure with shareholders and investors. We also engage in constructive dialogue with shareholders and investors to contribute to sustainable growth and increasing corporate value over the medium to long term.
Policy for Dialogue with Shareholders and Investors
We have formulated a Basic Policy on Communication with Shareholders and Investors, which is available on our website.
We meet regularly with institutional investors and shareholders and maintain a structure for promptly relaying comments from them to our top management and other members of the management team as feedback for corporate management.
We held meetings for certain specific institutional investors attended by the directors responsible for general affairs and investor relations, in which Outside Directors also participated. These meetings include briefings by the Company and discussions on matters such as our medium- to long-term vision, management based on cost of capital, and efforts to address various ESG topics. Opinions and other comments from these meetings are reported to the Board of Directors as feedback for management, to promote further initiatives.
Please refer to “Measures to realize management with awareness of cost of capital and stock price“ for details on the Company's measures to realize management based on the cost of capital.
We will continue to enhance efforts to ensure constructive communication with shareholders and investors.
System and Implementation Status of Dialogue with Shareholders and Investors
Framework and achievements regarding dialogue
Twice a year, our management team explains our financial results, the progress of our mid-term business plan, and future business development. In addition, in FY2023, we held our first ESG presentation to strengthen disclosure of non-financial aspects of our business. A video of the meeting and a summary of the Q&A session are also available on our website.
In order to provide a better understanding of our current situation and future initiatives, we will explain not only the results of the current fiscal year, but also the outlook for the next fiscal year and the progress of our medium-term business plan. The materials projected and distributed at the meeting are also available on our website. For shareholders who were unable to attend the meeting, a video of the meeting was posted on our website for three months.