CSR Activity Report (CSR Guideline Activity Reports) - Communication

Communication with Stockholders and Investors

In accordance with its Information Disclosure Policy, Toray Industries, Inc. makes sure to disclose information required under laws and regulations in an accurate, timely and appropriate manner, as well as a broad range of additional information beyond these requirements. The Company’s Investor Relations Department was established to liaise with stockholders and investors, aiming to create as many communication opportunities as possible.

Interviews with key investors in which management participates (number)

■Reporting scope
Toray Group
■Target in fiscal 2020
Cumulative total of 80

Result in fiscal 2020

Cumulative total of 98

Holding Investor Relations Events to Communicate with Stockholders and Investors and Giving Feedback to Top Management

Toray Industries conducts same-day briefing sessions with the release of quarterly and annual earnings results, and holds interviews, for institutional investors and securities analysts. The Company also conducts briefing sessions for individual investors. Feedback received at investor briefing sessions and through communication with investors and stockholders is regularly reported to the Board of Directors, helping to guide management and business activities.

Activities Number of events Number of meetings/participants
Meetings with investors and analysts As required 468 meetings
Briefing sessions for individual investors Yearly 297 participants

External Evaluation of Information Disclosure to Investors

In the "Investor Relations" section of its corporate website, Toray Industries provides information about its financial results and management policies and strategies for stockholders and investors. In an effort to disclose information fairly, the Company promptly posts financial data and presentation materials, including English translations, used in its briefings for institutional investors. In fiscal 2020, the Company’s publications were evaluated externally by a number of organizations, as shown below.

Organization details Evaluations
Daiwa Investor Relations Co., Ltd. Award for outstanding website in 2020
Nikko Investor Relations Co., Ltd. 2020 All Japanese Listed Companies' Website Ranking
(AAA Website in overall ranking and AAA Website in sector ranking)
GOMEZ Silver Prize (top in textile sector) in IR Site Ranking 2020
First place in environment category, ESG Site Ranking 2020

Evaluations from the Perspective of Socially Responsible Investment

  • DJSI Asia Pacific
  • FTSE 4Good Index/FTSE Blossom Japan Index
  • MSCI ESG Rating: AAA/MSCI Japan ESG Select Leaders Index
  • CDP Water Security A List
  • SOMPO Sustainability Index

Convenient General Stockholders Meetings

For the convenience of its stockholders, Toray Industries avoids holding its general meeting of stockholders on a date when many other companies in Japan hold their meetings. Toray Industries implemented strict COVID-19 prevention measures for the general meeting of stockholders it held on June 23, 2020. Every year, the general stockholders’ meeting notice and agenda are sent approximately three weeks in advance of the meeting to give stockholders extra time to review the agenda items. The meeting notice is also posted in both Japanese and English on the corporate website. Voting enhancements include smartphone-based electronic proxy voting and an electronic voting platform for institutional investors.

Click here for the main initiatives for CSR Guideline 6, “Communication” in CSR Roadmap 2022.