- Communication with Stockholders and Investors
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 2021
- Cumulative total of 80
Result in fiscal 2021
Cumulative total of 125
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||499 meetings|
|Briefing sessions for individual investors||Yearly||237 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 2021, the Company’s publications were evaluated externally by a number of organizations, as shown below.
|Daiwa Investor Relations Co., Ltd.||Award for outstanding website in 2021
Excellence Award in Sustainability Category
|Nikko Investor Relations Co., Ltd.||2021 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 2021|
Evaluations from the Perspective of Socially Responsible Investment
- Dow Jones Sustainability Asia Pacific Index
- The Sustainability Yearbook 2022
- FTSE 4Good Index / FTSE Blossom Japan Index / FTSE Blossom Japan Sector Relative Index
- MSCI ESG Rating: AAA / MSCI Japan ESG Select Leaders Index
- CDP Water Security A List
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 22, 2021, 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 and agenda are released approximately four 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.