Working with our Shareholders
Disclosure of Information to Shareholders
General Meetings of Shareholders
We regard general meetings of shareholders as an opportunity for frank discussion between our shareholders and management. We are therefore committed to responding openly and clearly to any questions our shareholders may have, to provide a more in-depth understanding of Mitsui Chemicals.
At our general meeting of shareholders on June 24, 2011, we positioned members of staff in the lobby to exhibit and provide information about the Mitsui Chemicals Group's products and CSR activities. After the meeting, board members also took part in presentations in the lobby, providing the opportunity to talk to shareholders in greater depth.
Holding regular briefing sessions for analysts and investors
Following the publication of our end-of-year results in May and second quarter results in November, we hold briefing sessions for analysts and institutional investors so that the President can outline our current position. We also hold conference calls for analysts and institutional investors to coincide with the publication of our end-of-year and quarterly results. We post all handouts and audio from these briefings on the Investor Relations section of our website.
Publishing IR information
Whenever we issue press releases disclosing IR information, including summary financial statements, information subject to timely disclosure, security reports, annual reports (in both English and Japanese), materials for analysts and institutional investors, corporate governance updates and notices to convene general meetings of shareholders, we always post the relevant information on our website immediately afterwards.
In fiscal 2011, the Investor Relations section of our website was selected by Nikko Investor Relations Co., Ltd. as one of 112 most comprehensive websites of all listed companies in Japan.
Basic Policy on Profit Sharing
Our top priority is to expand operations to enhance our corporate value, while we also consider giving profits back to our shareholders to be another of our critical management priorities.
We adopt a holistic approach to profit sharing, including returning profits to our shareholders and increasing retained earnings in preparation for strategic growth and expansion in the future.
We make every effort to provide our shareholders with a return that reflects our consolidated performance over the medium to long term and to pay out dividends on a consistent basis, in line with our consolidated dividend payout ratio and consolidated dividends on equity (DOE). Specifically, we aim to maintain a consolidated dividend payout ratio of at least 25% and a DOE of at least 2%.
We use retained earnings to improve our performance, through initiatives such as actively investing in our business portfolio to facilitate further growth and expansion, and stepping up research and development to create innovative new technologies.
