Together with Our
Shareholders and Investors
The Nippon Soda Group discloses information in a timely and appropriate manner in order to enhance management transparency and to meet the expectations of and honor the trust that we receive from our stakeholders. We strive to hold constructive dialogue with the aim of realizing sustainable growth and enhancing corporate value.
- Enhancement of dialogue
We engage in constructive dialogue with our shareholders and investors with a view to achieving sustainable growth and enhancing corporate value. For important matters, the president and responsible directors and executive officers engage directly, enabling more substantive dialogue. - Disclosure of highly transparent information
We disclose information in a timely manner in accordance with the Timely Disclosure Rules of the Tokyo Stock Exchange, emphasizing fairness, accuracy, and clarity. This enables us to contribute to the investment decisions of our shareholders and investors. - Reflection of feedback in management
We appropriately communicate comments and requests received through dialogue with our shareholders and investors to the Board of Directors and other relevant bodies. This feedback is then reflected in management improvements.
Communication
Dialogue with Our Shareholders
The Nippon Soda Group holds an ordinary general meeting of shareholders in June every year, viewing it as an important opportunity to engage in direct conversation with shareholders.
We strive to deliver the notice of convocation of the General Meeting of Shareholders at an early date so that our shareholders may acquire a good understanding of the issues that will be reported and the matters for resolution at the shareholders’ meeting. We also provide pre-delivery disclosure of information on Nippon Soda’s website and at the Tokyo Stock Exchange website, before the notice of convocation of the General Meeting of Shareholders is sent out.
Voting rights may be exercised not only in writing but also via the Internet.
We create business reports (annual report and interim report) twice a year in order to inform our shareholders of the Company’s current situation. In addition, the Japanese versions of these business reports are posted on the Nippon Soda website to make them widely available to those other than our shareholders.
Share distribution by type of shareholder (As of March 31, 2025)
Total number of authorized shares: 192,000,000 shares
Total number of issued shares: 56,787,734 shares
Number of shareholders: 29,202
- Notes: Figures have been rounded to the nearest second decimal point
- Treasury shares are included in “Private individuals, etc.”
- We conducted a two-for-one share split of our common shares with an effective date of October 1, 2024.
Dialogue with Investors and Analysts
The Nippon Soda Group actively engages in dialogue with investors and analysts to help deepen their understanding of business details and our business performance.
We respond to requests for individual interviews from domestic institutional investors and securities analysts, and hold financial results briefings and business overview briefings twice a year. At these briefings, the representative director and president, responsible directors, and executive officers explain the performance of the Nippon Soda Group and the growth scenario. Furthermore, in addition to hosting live broadcasts of our briefings to enable more people to attend, we also post videos of the briefings, briefing materials (in Japanese and English), and English scripts on our website.
For institutional investors outside Japan, we post English versions of timely disclosure of our financial results summaries, as well as briefing materials, on our website, and also publish an integrated report in English.
The comments and proposals received through dialogue with investors and securities analysts are logged into our in-house database and shared with directors and executive officers as appropriate. In addition, details of this dialogue are regularly reported to the Board of Directors. In this way, the comments and proposals are reflected in the management of our Group.
In FY 2025/3, we engaged in dialogue with a total of 301 institutional investors and securities analysts. The main themes were recent performance, future growth strategies, progress with the long-term vision, capital policies, shareholder returns policy, and sustainability initiatives. Summaries of the Q&A sessions from our financial results briefings and business overview briefings can be found on our website.
Basic Policy on Shareholder Returns
The Nippon Soda Group makes decisions on profit distribution based on earnings trends and by comprehensively considering such issues as providing stable dividends, enhancing shareholders’ equity, and improving our financial standing. Our basic policy is to provide dividends twice a year, at the middle and end of the fiscal year.
Retained earnings are used for improving corporate value, such as by advancing the development and achieving early market launches of new products, and for allotment to growth investment such as M&As and business partnerships, as well as for maintenance and upgrade investments to support stable and continuous growth.
As for return of profits to our shareholders, we will introduce a progressive dividend policy to maintain stable and continuous dividends. We will also flexibly repurchase treasury shares, taking into account factors such as the optimization of our capital structure and stock price conditions, and will maintain a total return ratio of 50% or more.
Shareholder returns
- * We calculated the dividend based on figures following the share split implemented on October 1, 2024.
