Dialogue Policy with Shareholders and Investors

Aiming to create corporate value through constructive dialogue with shareholders and investors, the Group has established the following dialogue policy in its Basic Corporate Governance Policy.
 

Chapter 6: Dialogue with Shareholders
(Policy on constructive dialogue with shareholders)
Article 21 The Company shall endeavor to develop a system in accordance with the following basic policy to promote constructive dialogue with shareholders.
 

  1. The Company's CFO will oversee all activities for dialogue with shareholders, and the Company will secure personnel in charge of investor relations to plan and implement these activities in general.
  2. The Company shall provide accurate and unbiased information to shareholders through the cooperation of IR staff in cooperation with relevant departments during dialogues with shareholders, such as financial results announcements and investor meetings.
  3. The Company will take necessary measures to promote the exercise of rights by domestic and foreign shareholders by enhancing the means of constructive dialogue with shareholders based on the status of shareholdings and the opinions of shareholders, and by providing notices of convocation of general meetings of shareholders and information related to shareholders and investors with English translations.
  4. The Company shall regularly organize, analyze and report to the Board of Directors the opinions received in dialogue with shareholders.
  5. In accordance with the "Insider Information Management Regulations" established by a resolution of the Board of Directors, the Company shall thoroughly manage undisclosed material facts and engage in dialogue with shareholders without using undisclosed material facts.
     

Based on this policy, a director in charge of investor relations is assigned under the Group CFO, and personnel from all relevant divisions work together and cooperate to engage in constructive dialogue, and regularly report on the dialogue policy and the opinions of shareholders and investors at Board of Directors meetings.

Main IR Activities

Investor Meeting

Twice a year (briefing by Group CEO, Group CFO)

Meetings with shareholders and investors

104 times (fiscal year ended June 30, 2026)

Report to the Board of Directors

12 times (fiscal year ended June 30, 2026)

Dialogue with individual investors

For individual investors, we have a "For Individual Shareholders and Investors" page on our website that provides easy-to-understand explanations of our business activities and performance. After the general meeting of shareholders, we also explain our business and performance in the shareholder newsletter that is enclosed with the notice of resolution of the general meeting of shareholders.

Feedback from the Shareholder Communications Survey

About the Company's Strategy

I look forward to further improvement in the Company’s performance under President Morikawa’s strong leadership.

I have high expectations for the Company’s growth potential.

I believe the Company has relatively low public recognition. I would like to see the Company promote itself more proactively.

Despite the Company’s strong performance, I feel that it is not yet widely known. I think initiatives such as shareholder benefits and advertising could help raise awareness of the Company.

The explanation of the path toward enhancing corporate value was very clear and easy to understand. I look forward to future updates on the Company’s progress.

I have the impression that the Company has a somewhat formal corporate culture. If the Company aims to generate earnings by building platforms for the utilization of accounting data while pursuing a manufacturing-oriented approach, I would like to see initiatives that convey a greater sense of creativity and playfulness.

About IR

The shareholder newsletter was well organized in terms of both the information presented and its content, making it easy to understand.

I attended the General Meeting of Shareholders for the first time today. I think showing sample screens of each software product in the business performance presentation slides would make it easier for those who are not familiar with the accounting industry to understand the scope of the Company’s business. I also appreciated the wonderful calendar I received previously and would be delighted to receive one again this year.

The interactive elements in the shareholder newsletter were an interesting and enjoyable idea.

Thank you for the enjoyable quizzes every year.

Including puzzles encourages shareholders to read the shareholder newsletter.

I think the materials are stylish, but they could benefit from a little more creativity and playfulness.