INVESTOR RELATIONS
IR Implementation Status
Regarding our dialogue with investors and analysts
Major IR events for FY2023
We hold earnings briefing sessions for institutional investors and analysts every six months. We respond to requests for interviews and meetings at any given time. We also actively participate in conferences sponsored by brokerage firms so that we can expand our opportunities for direct communication with investors.
Through these efforts, we seek to obtain support from investors and analysts for our management strategies and business plans. We engage in constructive dialogue with investors and analysts and listen to their opinions and concerns in order to improve our business operations. In this way, we aim to achieve sustainable growth for the Group and enhance our corporate value over the medium to long term.
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| Major IR events | Frequency | Person who primarily handled the event |
|---|---|---|
| Earnings briefing session | Twice | President & CEO, Director, Operating Officer |
| Interviews and meetings | 325 times | Director, Operating Officer, Executive Manager, Investor Relations Office Senior Manager, Investor Relations Staff |
| Conferences sponsored by brokerage firms | 7 times | Director, Operating Officer, Executive Manager, Investor Relations Office Senior Manager |
| Small meeting with the president | Once | President & CEO, Operating Officer |
| International IR | 3 times | President & CEO, Director, Operating Officer |
| IR Day | Once | Director, Operating Officer |
| Business tour | 8 times | Business division staff, Investor Relations Office Senior Manager, Investor Relations Staff |
| Briefing for individual investors | Once | President & CEO |
Main themes of our dialogue with investors and analysts/ main concerns expressed by investors and analysts
The following are the main themes of our dialogue with investors and analysts, and the main concerns they expressed, in FY2023:
- Likelihood of quickly achieving the financial targets set forth in the medium-term management plan
- Direction for the next medium-term period
- The Company's initiatives to enhance corporate value and improve PBR
- Impact of rising construction costs and labor shortage on business
- Interest rate outlook in Japan and financial/business impact of rising rates
- Market conditions for various businesses (office, condominiums for sale, real estate agents, real estate trading, etc.) and how the Company is impacted
- Outlook on how inflation may push up office rent
- Inbound demand trends for hotels; room for further profit growth from the next fiscal year onwards
- Status of overseas operations and future strategy for bouncing back to profitability
- Growth strategy for the renewable energy business
- Shareholder return policy
- ESG initiatives
Feedback from investors and analysts (such as opinions and concerns) to management, etc.
Opinions and concerns expressed by investors and analysts during our interactions are always conveyed to senior management. Periodic reports are made to the Company’s Board of Directors (twice in FY2023) and to the management meetings of major subsidiaries (twice in FY2023).