IR Activities
Basic Stance
COSEL Co., Ltd. (hereinafter “COSEL”) considers maximizing value for all stakeholders, including shareholders and investors, to be essential. Our basic stance is to maximize corporate value and return profit to stakeholders both directly and indirectly in a way that is balanced between all stakeholders.
For this reason, COSEL places importance on maintaining regular dialogue with shareholders and investors. We disclose information on financial conditions and corporate strategy impartially, appropriately, and in a timely fashion, and promote constructive dialogue.
Disclosure Standards
- COSEL discloses information such as decisions, occurrences, and financial information appropriately and in a timely manner that could impact investment decisions in accordance with laws and regulations such as the Companies Act and Financial Instruments and Exchange Act and the Tokyo Stock Exchange Timely Disclosure Rules.
- The Company actively and impartially discloses other information not indicated above that it deems could contribute to shareholders’ and investors’ understanding and investment decisions.
- In order to ensure the impartiality of information, COSEL maintains a quiet period from the day after the quarter end date to the date the quarterly results are released and refrains from responding to inquiries on business performance during that time.
Disclosure Methods
- Information is disclosed on the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange, and reports in compliance with the Financial Instruments and Exchange Act are released on the Electronic Disclosure for Investors’ NETwork (EDINET), which is provided by the Financial Services Agency, and published on the corporate website without delay.
- COSEL proactively conveys both financial and non-financial information through press releases, briefings, and press conferences.
Material Nonpublic Information Management
- COSEL engages in the comprehensive and proper management of material nonpublic information in compliance with insider trading regulations.
- Impartiality and transparency are always maintained in dialogue with shareholders and investors.
State of IR Activities
1. IR organization
- The executive officer in charge of finance and accounting serves as the IR officer, who plans, manages, and facilitates IR operations.
- The officer discloses information accurately and in a timely manner in collaboration with related internal departments including sales, HR, and sustainability.
2. Dialogue with shareholders and investors
- Financial results briefings and business briefings are attended by the President and CEO and the officer in charge of sales, who engage in constructive dialogue.
- Meetings with investors and analysts within and outside Japan are handled by the executive officer in charge of finance and accounting, with participation from senior management and outside directors as appropriate.
- Financial results are released twice per year, after which a briefing is held and opportunities are created to engage in dialogue with a wide range of investors through individual meetings.
- Feedback obtained through dialogue is conveyed to the Management Conference and Board of Directors and leveraged to improve business and enhance corporate value.
3. Main activities
| Activity | Description |
|---|---|
| General Meeting of Shareholders | Ordinary general meetings of shareholders are held once per year, and extraordinary general meetings of shareholders are held as necessary. |
| Financial Results Briefing | Briefings are held biannually. |
| Individual meetings | Meetings with investors and analysts both within Japan and overseas. |
| IR disclosure | Financial statements, financial results briefing materials, annual reports, annual securities reports, corporate website (shareholder and Investor Relations), etc. |