Shareholders - Responsibility to Our Stakeholders - CSR Report 2012 - JSR Corporation

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CSR Report 2012

Shareholders

By maintaining and enhancing management efficiency, transparency and soundness, we strive to continuously create corporate value continuously and make ourselves even more attractive to our shareholders.

Basic Approach

As a company with auditors, JSR monitors and oversees the execution of our operations through the Board of Directors and auditors. In June 2011, we introduced the system of appointing directors from outside organizations. In June 2012, we designated three of the eight directorships as positions filled by outside directors appointed from organizations independent of JSR. This has made our management more transparent and sound. Meanwhile, we believe that our most important challenge is to strive to strengthen our research and development from a long-term perspective, and to enhance our competitiveness by developing new businesses and promoting other measures, and hereby improving our business performance on a long-term basis and further increasing our corporate value.

Investor Relations

We strive to promote investor relations (IR) efforts with due consideration for our shareholders and investors, and to disseminate information regarding our management situation and our corporate policies promptly and accurately.

Shareholders' Meeting

Panel exhibition at a shareholders' meeting

JSR has implemented a variety of measures to facilitate the exercising of shareholders' voting rights. These include the early notification and holding of regular shareholders' meetings, the adoption of a system for exercising voting rights via the Internet, participation by shareholders via electronic platforms at investment institutions for exercising voting rights, and the listing of invitations to shareholders' meetings on our website in both Japanese and English.
We aim to make documents attached to invitations to our shareholders' meetings easy to understand. To this end, we provide not only legally required contents, but also other useful information, such as information regarding our products and the overview of our midterm business plan. Additionally, we make effective use of graphs, photographs, and color printing.
Furthermore, on the day of a regular shareholders' meeting, panels are exhibited to explain about JSR. Also, video and audio information relating to our business conditions are employed to facilitate briefings. By promoting these efforts, we strive to make our shareholders' meetings even more accessible to you.

Communication with Shareholders and Investors

Seminar for investment institutions and analysts

As well as conducting briefings on our business results each quarterly period, we also participate in seminars for investment institutions and analysts, in addition to holding technology seminars, thereby achieving extensive bi-lateral communication with shareholders and investors.


Communication through Various Forms of Media

● Information Disclosure on Our Website

Our website providing information regarding our stock price, news, and other topics in a timely manner

In order to provide the latest information regarding our financial and business performances, our website contains the section of "Investor Relations." The section includes the latest IR information, news release, and the latest stock price information, which are indicated in a way easy to see. The section also presents various types of IR information, including documents regarding our business results, annual reports, IR news, information related to our stocks, documents regarding our shareholders' meetings, and our company information for individual investors. We strive to provide necessary information in a way easy to understand and in a timely manner.


● Information Disclosure in Our Annual Reports

Annual Report 2012

We publish an annual report (available only in English) every year regarding the relevant fiscal year's financial results and management and business situations.


● JSR Throughout Society

JSR Throughout Society

We send to our shareholders JSR Throughout Society, which aims to help our shareholders to easily understand that our Group's products are used extensively for a wide range of materials and parts needed in society. The pamphlet illustrates how our materials are utilized for everyday items, such as liquid crystal televisions, mobile phones, and automobiles.


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 improve our business results over the long term.
Based on this approach, our basic policy on dividends is to maintain consistent, stable dividends and pay out higher dividends as our consolidated financial performance improves.
When determining dividends, we do so with a view to issue dividends while also keeping internal reserves needed for the future development of operations. 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 internal reserves 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 FY2012 (April 1, 2011 to March 31, 2012) was set at 32 yen per share.

Shareholder Composition

Shareholder Composition

The number of JSR shareholders was 21,334 as of March 31, 2012; the shareholder composition is as follows:


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CSR Report 2012