Communication with Shareholders and Investors
Seminar for institutional investors
JSR actively engages in IR activities, making every effort to inform investors promptly and accurately of business conditions and company policies. By conducting activities such as results briefings each quarterly period, seminars for institutional investors and analysts, and technical seminars, we achieve broad-ranging, two-way communication with our shareholders and investors.
In the Investor Relations section of our website, we endeavor to provide timely and easy-to-understand IR information through the publication of materials including accounting data, annual reports, IR news, information on our stocks, and shareholder meeting documents.
JSR has implemented a variety of measures to facilitate the exercising of shareholders’ voting rights. These include the early notification and holding of shareholders’ annual general meetings, the adoption of a system for exercising voting rights via the Internet, electronic platforms for exercising of voting rights by institutional investors, and the publication on our website of notices of shareholders’ meetings in both Japanese and English.
Documents accompanying the notices of shareholders’ meetings have been also printed in color, the content enhanced, and graphs and photographs utilized to create easier-to-understand materials.
Furthermore, we are taking measures to make shareholders’ meetings more shareholder-friendly by displaying panels with company information and providing business overviews using audio-visual materials.
Basic Policies Regarding Profit-sharing
JSR places an emphasis on efforts to strengthen R&D operations from a long-term perspective while increasing our competitiveness to open up new fields and thus increase our business results in the long term. For that reason, when it comes to profit-sharing, our basic policy is to maintain continuous, stable dividends in accordance with growth in our consolidated business results.
In determining dividends, we do so in view of consistency with the internal reserves required for the future development of operations. The internal reserves are appropriated for R&D and strategic investments that lead to new growth as we strive to increase our corporate value. We want to use this on a medium- to long-term basis to buy back JSR’s shares in an effort to return profits to shareholders.
Based on these policies, the annual dividend for FY2010 (April 1, 2009 to March 31, 2010) was set at 26 yen per share.
The number of JSR shareholders was 21,927 as of March 31, 2010; the shareholder composition is as follows: