We believe that timely information disclosure of the conditions and finances of NHK Spring is the key to be given long-term support from shareholders and investors, and we strive to implement this.

Shareholder information and breakdown of shareholdings

Inquiries from shareholders are handled by the General Affairs Department. (Shareholder Register Custodian is Mitsubishi UFJ Trust Bank)

The graph below shows the breakdown of shareholders.

FY2020 return of profit

We recognize that the distribution of profits to shareholders is a matter of utmost importance, and our basic policy is to maintain stable dividends by comprehensively taking into account consolidated business results, dividend payout ratio, and other factors. In December 2020, our Board of Directors resolved to repurchase 5.55 million shares at a cost of JPY 4.0 billion, with the aim of implementing a flexible capital policy in response to changes in the business environment, improving capital efficiency, and contributing to shareholder returns. We will continue to consider flexible acquisition of our shares as one of the options for efficient management of our net assets, taking into consideration our financial situation and business environment.

Dissemination of IR information

NHK spring publishes business and NHK Spring reports (Japanese/ English) and releases the latest information through press releases and the corporate website to bring understanding about the company in shareholders and investors. We also strive to provide comprehensive information quickly to everyone from the introduction of NHK Spring businesses and operational changes through illustrations and photographs as well as communicating our core technologies and strengths in an easy-to-understand manner.

Disclosing information for investors

We hold financial results briefings for analysts and institutional investors after the release of interim and full year financial results. We usually hold this event twice a year, in May and November, but in FY2020, due to the COVID-19 pandemic, the May event was cancelled and the November event was limited to one person per company. We will continue to promote proactive disclosure of information to analysts and investors.

November Financial results briefing: 25 attendees, 25 companies 　(May briefing was canceled due to the COVID-19 pandemic) Individual interviews: 98 times for 111 investors 　(FY2020, results of dialogues with investors)