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 sustained growth and increasing corporate value over the medium to long term.
Communication 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“ and "Dialogue with shareholders", for details on the Company's measures to realize management based on the cost of capital and the status of dialogue with shareholders.
We will continue to enhance efforts to ensure constructive communication with shareholders and investors.
Posting materials to the website
We post timely materials to the corporate website, including annual financial briefings materials from briefings on financial results, time-sensitive information, information on important topics, and materials for the Ordinary General Meetings of Shareholders.
The website also features a video introduction to the Mitsubishi Steel Group to help shareholders and investors better understand aspects of the products and manufacturing processes of each business within the Group-aspects that can be difficult to convey through the still images included in pamphlets and similar materials.
General Meeting of Shareholders
The General Meeting of Shareholders features a briefing by the Representative Director, President & CEO using explanatory materials intended to deepen shareholder understanding of our current conditions and future initiatives on topics ranging from current financial results and the outlook for the following period to progress on the Mid-term Business Plan. Materials filmed and distributed on the day of the meeting are posted to the website.
For shareholders unable to attend on the day of the meeting, a video of the General Meeting of Shareholders was posted on the website for three months.
Briefings for analysts and institutional investors
Twice a year, we hold briefings on financial results for securities analysts and institutional investors in which the Representative Director, President & CEO and other members of the management team provide detailed information on financial results and the future business outlook. Due to COVID-19, these briefings have been held online since March 2021.
To gain the understanding and trust of all stakeholders, we will continue to provide information proactively; create even more opportunities for dialogue; and broaden fair, timely, and appropriate disclosure.