G:Governance

With Stakeholders

KOKUYO is aware that increasing corporate value is our responsibility to shareholders and investors. KOKUYO strives to implement accurate and timely disclosure of corporate information in order to maintain transparent and sound corporate management.

  1. ▼ Basic Concepts
  2. ▼ Shareholder Special Benefit Plans

Basic Concepts

Policy and Achievements Regarding Dividends

KOKUYO is working toward sustainable business growth to maximize corporate value in the medium- to long-term and to increase dividends paid to shareholders.

Our basic policy is to distribute surplus twice a year, as an interim dividend and a year-end dividend. The deciding authority for year-end dividends is the General Meeting of Shareholders, while that for interim dividends is the Board of Directors. The total annual dividend for the 72nd fiscal year was 32.0 yen per share; the year-end dividend was 16.0 yen per share, while the interim dividend was 16.0 yen per share.

Retained earnings are actively employed to make investments for future growth. It is stated in KOKUYO's articles of incorporation that interim dividends can be distributed annually on June 30 based on resolutions passed by the Board of Directors.

Note that KOKUYO is a company to which consolidated dividend regulations apply.

Making Management More Transparent

1) Investor Relations (IR) Activities

We strive to fairly and accurately convey the KOKUYO Group businesses, corporate attitude and vision for the future, as well as achieve two-way communication. In 2018, we conducted the following IR activities:

■For institutional investors:

The financial results briefing was held twice last year. At the briefings, the President spoke about the Group's results and strategies. We also explained the Group's status through means such as individual visits and foreign investor conferences.

■For individual investors:

In addition to explanations regarding the Group, the person in charge of product development introduced the product development process to help increase understanding of the Group and to foster a sense of familiarity.

We will continue to proactively engage in IR activities to increase our corporate value.

2) Information Disclosure

We disclose information in accordance with the rules established by the stock exchange on which we are listed for the timely disclosure of corporate information by issuers of listed securities (hereinafter referred to as the "rules of timely disclosure"). With regard to information that may not be subject to the rules of timely disclosure, we also adhere to the fair disclosure rules stated in the Financial Instruments and Exchange Act and endeavor, as a matter of basic policy, to promptly disclose as proactively and fairly as possible by way of appropriate methods so as to help investors to understand our company better.

* Related information: IR News

SST Live Office Tour after Financial Results Briefing

On August 2, 2018, the "Briefing of Financial Results for the Six Months Ended June 30, 2018" was held for institutional investors, analysts, and others at the Shinagawa Season Terrace Conference Hall. It was attended by approximately 40 institutional investors and analysts.

A live office tour was conducted after the briefing. Participants of the tour showed great interested in aspects such as the office's concept and employees' work styles in the office, and asked questions enthusiastically.

Going forward, KOKUYO will work on putting across its actual physical size in its IR activities and not end just with the briefing of numerical figures.

Shareholder Special Benefit Plans

KOKUYO Group products sent to shareholders at the end of December, 2018

KOKUYO Group products sent to shareholders at the end of December, 2018

To respond to the continuing support of KOKUYO shareholders and with the aim of significantly deepening the understanding of the KOKUYO Group by having shareholders actually use Group products, KOKUYO has established a shareholder special benefit plan. Under this plan, KOKUYO Group products are sent once per year to holders of 500 shares or more.

Company Information Session: Story of 'Dotliner' Tape Glue Development

Company Information Session: Story of 'Dotliner' Tape Glue Development

At KOKUYO, regular briefings for individual investors are held to secure loyal stockholders. These briefings were held four times in 2018.

In general, individual investors invest in shares to gain profits through stock dealing and to obtain dividends. As such, the holding period of shares is unstable. However, we believe that by making individual investors loyal fans of KOKUYO, they will become great customers for our products and services and will end up holding onto shares for a longer period of time.

Therefore, in addition to the provision of information such as the company overview and future business strategies through the standard investor information sessions, we also talk about stories related to product development.

At the briefings, the first part touched on topics such as KOKUYO's history, overviews of each business, financial status, and strategies for the future. In the second part, the persons responsible for stationery-related businesses introduced the aims behind developing "Campus Note" notebook and "Dot Liner" glue tape as well as episodes behind the scenes related to these products.

Of the individual investors who attended the event, some requested more detailed information relating to the business and finances, while many shared opinions and thoughts on KOKUYO's focus when creating Campus notebooks.