UT Holdings has clearly regarded IR activities as one of the most important management issues and has decided to disclose investment-related information as is appropriate. We aim to become a company trusted by shareholders and investors by “fulfilling our accountability as a public company and constantly communicating a clear corporate message.”
UT Holdings IR Policy
UT Holdings hereby adopts the following as its IR Policy.
- We regard IR activities as one of the most important management issues.
- As a public company listed on JASDAQ, we will fulfill our accountability and constantly communicate a clear corporate message.
- Regardless of whether the business environment and our earnings performance are favorable or unfavorable, we will consistently carry out forward-looking IR activities.
- We will make fair and timely disclosure to all market participants, regardless of whether they are individual investors, institutional investors, from Japan or from overseas.
- We will strive to secure and build the unshakeable trust of the market and all shareholders.
Objectives of IR Activities for fiscal 2011
Based on its IR Policy, UT Holdings has prescribed specific IR objectives. The Company aims to build long-term relationships of trust with all shareholders and investors and to maximize its corporate value. Points 1 to 4 below show the objectives of the Company's IR activities that it has undertaken for the fiscal year ending March 31, 2012.
1. We will strive to enhance our corporate recognition and focus on promoting understanding of our business activities.
- We will hold briefings for individual investors at least four times a year.
- We will hold business results briefings for analysts and institutional investors four times a year.
- We will broadly disclose the contents of IR materials and questions and answers raised at briefings for individual investors as well as results briefings for analysts and institutional investors as far as possible on our website.
2. We will passionately convey our corporate philosophy and management strategy.
- UT Holdings' President, Representative Director & CEO, Yoichi Wakayama, will directly provide explanations of, and answer all questions relating to, all briefings for individual investors and results briefings for analysts and institutional investors.
- With regard to individual interviews with analysts and institutional investors, we will meet all requests for interviews. Individual interviews will be handled by either Yoichi Wakayama, President, Representative Director & CEO, or Kuninori Akita, IR Manager.
- We aim to provide IR tools that clearly communicate UT Holdings' corporate value and business strategies, and we will endeavor to improve materials that are used at Company briefings and results briefings.
3. We aim to establish an appropriate share price that is in line with the new medium-term business plan.
- To increase medium- to long-term corporate value, we will provide a clear update on progress of the new medium-term business plan to investors and shareholders.
- We will clearly explain our view regarding the appropriate share price, in line with our new medium-term business plan.
- In the process of steadily achieving the new medium-term business plan, we aim to establish an appropriate share price.
4. We will increase the number of medium- to long-term stakeholders and work vigorously toward enhancing shareholder satisfaction.
- We will directly feed back the opinions of shareholders and investors to our management, which will actively lead to the enhancement of corporate value.
- We will hold general shareholders' meetings on Saturdays and Sundays to enable more shareholders to attend them. Furthermore, in the case of general shareholders' meetings and shareholder get-togethers, Yoichi Wakayama, President, Representative Director & CEO, who will serve as chairman of meetings, will respond to all questions posed.
- We are committed to providing shareholders and investors with EPS growth of at least 30% year-on-year and a dividend payout ratio of at least 30%, as announced in the new five-year business plan.
IR Activities Held in Fiscal 2012
| IR Activity Item | Implementation Status |
|---|---|
| Renewal of website | Implemented in November 2011 |
| Briefings for individual investors | Implement four or more times |
| Briefings for analysts and institutional investors | Implement four times a year |
| Individual interviews with analysts and institutional investors | Accepted all interviews |
| Improvement in IR tools | Steadily improved materials |
| Planning and announcement of new medium-term business plan | Implemented |
| Holding of general shareholders' meetings on Saturdays and Sundays | Implemented |
