Glory communicates with stakeholders and appropriately discloses information.
Glory is committed to "communicating with stakeholders and striving for appropriate information disclosure," as declared in its Corporate Action Guidelines. With this stance, the company is dedicated to increasing the transparency of its management through quick, accurate, and fair provision of the latest corporate information and to gaining a better understanding of its management policies and business activities through constructive dialogues, thereby building long-term relationships of trust with shareholders and investors.
Glory recognizes the vital importance of opportunities for dialogue with shareholders and endeavors to enliven the General Meeting of Shareholders.
We distribute convocation notices three weeks before the meetings to enable shareholders to have sufficient time to review proposals addressed at the General Meeting of Shareholders. Furthermore, convocation notices are posted on Tokyo Stock Exchange and Glory websites at least four weeks in advance. We have been exercising ingenuity every year in preparing clear and informative convocation notices with suitable photos and graphic charts. We also adopted electronic voting to facilitate shareholder participation in resolutions.
At the General Meeting of Shareholders, audio-visual presentations and narratives are used by the president to provide detailed reports on proposals to be acted upon along with key considerations for shareholders. During the Showroom Tour, conducted after the meeting, where our main products are displayed, executive officers including the president and staff members actively encourage communication with shareholders by explaining about Glory products and history.
Glory proactively arranges opportunities for dialogue with shareholders and investors to deepen their understanding of the company.
At meetings with institutional investors and analysts, we actively engage in dialogue on various topics, including shareholder returns and capital policies, as well as our management strategy, business models, and medium- to long-term management plan. In fiscal year 2018, we held meetings with approximately 350 companies.
In terms of information disclosure, we voluntarily hold financial results briefings and conference calls and include supplementary explanation to further clarify performance by segment and by area. We also extend invitations to IR events such as factory tours and exhibitions so participants can see our work themselves and gain a clearer understanding of our management strategy and business operations.
In addition, we co-host briefings with securities companies to provide individual shareholders and investors with a clear description of our business activities and communicate additional information through shareholder newsletters and our corporate website.
A special section for shareholders and investors has been set up on the Glory corporate website to ensure timely and more convenient information disclosure. Documents disclosed include quarterly financial reports, shareholder newsletters, and annual reports. We want our website to be easy to understand and user-friendly with enhanced content.