The Company will strive to enhance trust by providing information to the capital markets in a timely, fair, and continuous manner while ensuring transparency and accountability in its disclosures, and to promote understanding of its efforts to increase corporate value and accurate assessment of the Company. Furthermore, through constructive dialogue between management and shareholders and investors, the Company will gain an appropriate understanding of how it is viewed and the state of the capital markets and provide that understanding and feedback to management and within the Company to lead to the improvement of management itself and further enhance corporate value.
Dialogue with Investors
Dialogue with Institutional Investors
Organizing financial results conference calls, IR conferences, and theme-focused strategy conferences, the Company holds these both onsite and on the Internet (broadcast live across the globe) and is thereby engaging in dialogue with shareholders and investors around the world.
The industry?s first full-fledged Investor Day (November 2020), briefings focused on themes of great interest in the capital markets (growth strategies related to the renewable energy market, D&I, overseas subsidiary specials, etc., held about twice a year), and especially the IR conference (May 2022), which was attended by an outside director who represents minority shareholders, were particularly highly rated by domestic and overseas shareholders and investors.
At the IR conferences, the outside director answered, from an objective standpoint, questions about Tokio Marine Group?s management evaluations and issues, and how feedback from the capital markets is reflected in the Board of Directors? meetings. Participants commented that it was a valuable opportunity to listen first hand to an outside director, that they had deepened their understanding of the company?s management, and that they would like to see more opportunities of this kind in the future.
In fiscal 2021, we also resumed face-to-face overseas IR activities. While improving their quality, we held dialogues with approximately 900 company shareholders and investors, which was almost the same level as the previous fiscal year.
Dialogue with Individual Investors
In fiscal 2021, we took all possible measures to prevent the spread of infection and held a conference featuring the Group CEO. The Company also provided easy-to-understand explanations of the “Group?s management strategy” and “shareholder return,” which are of great interest to individual investors. These explanations received a 93% participant satisfaction rate.
The Company is also making efforts to report the opinions obtained through dialogue with shareholders and investors widely to management and other members of the Company, and to reflect them in improvement of management. Having little familiarity with capital markets, our employees come to understand the feedback from the capital markets, how the Company is evaluated, and how their own work is connected to the capital markets through IR activity reporting sessions. This has a positive impact on their own motivation and growth and, as a result, a virtuous circle of company growth is also created.
In fiscal 2021, we also used remote tools to share and interact with 3,360 Group employees.
Awards Related to Disclosure
As a result of these efforts, we have received various awards.