The Company considers that it is important to conduct constructive dialogue with shareholders and deepen ideas and understanding on both sides to enhance corporate value. The Company responds proactively to shareholders’ requests for dialogue (interviews) after inquiring about the purposes and outline of the dialogue in advance.

• Executives in charge
  The Company recognizes that constructive dialogue with shareholders is important. The President and the director in charge of the Corporate Administration Division attend major meetings such as investor meetings to respond.
• Internal framework for dialogue
  The first contact point for shareholders is the IR Department for analysts and institutional investors and the General Affairs Department for individual shareholders. A framework is established where the relevant departments support dialogue with shareholders as needed.
• Dialogue other than specific interviews
  The Company makes efforts to enrich dialogue other than through specific interviews by attending investor meetings for analysts and institutional investors and investor meetings for individual shareholders held by stock exchanges and securities companies.
• Feedback to the Board of Directors
  After the shareholder interviews are held, the President and the director in charge of IR report the details in the Board of Directors meeting as needed, where the information is shared among the directors and there is discussion about the future direction of management and IR measures.
• Information management framework for dialogue
  The Company has established rules concerning insider information management, and takes care to prevent leakage of pre-disclosure information during dialogue. It also appropriately discloses necessary information to shareholders in accordance with the timely disclosure system.