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 2022
Cumulative total of 80

Result in fiscal 2022

Cumulative total of 109

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 565 meetings
Briefing sessions for individual investors Yearly 310 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 2022, the Company’s publications were evaluated externally by a number of organizations, as shown below.

● Website Evaluations

Organization details Evaluations
Daiwa Investor Relations Co., Ltd. 2022 Internet IR Awards
Award for outstanding website
Nikko Investor Relations Co., Ltd. 2022 All Japanese Listed Companies' Website Ranking
(AAA Website in overall ranking and AAA Website in sector ranking (Textiles and Apparels))
GOMEZ Silver Prize (top in textile sector) in IR Site Ranking 2022

● Annual Report Evaluation

NIKKEI Integrated Report Award 2022 Excellence Award

Evaluations from the Perspective of Socially Responsible Investment

  • Included in Dow Jones Sustainability Asia / Pacific Index
  • Listed in The S&P Global Sustainability Yearbook 2023
  • Included in FTSE4Good Index / FTSE Blossom Japan Index / FTSE Blossom Japan Sector Relative Index
  • Received AAA rating in MSCI ESG Ratings / Included in MSCI Japan ESG Select Leaders Index
  • Recognized as CDP Water Security A List Company

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, 2022, live-streaming a hybrid in-person/online meeting to accommodate stockholders who were unable to attend and/or were in remote locations. Every year, the general stockholders’ meeting notice is posted on the website approximately four weeks in advance of the meeting to give stockholders extra time to review the agenda items. The meeting notice is also translated into English, and voting enhancements include smartphone-based electronic proxy voting and an electronic voting platform for institutional investors.
In 2023, the general meeting of stockholders was held on June 27. In accordance with the electronic provision of general stockholders’ meeting materials required under the revised Companies Act, the meeting notice sent out was summarized.

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