The NGK Group is meeting the expectations of shareholders and investors by leveraging proprietary technologies to develop global operations that contribute to society and the environment.
Investor Relations Activities
The NGK Group promotes shareholder-oriented management that emphasizes capital efficiency across the entire Group, and strives to improve corporate value with the goal of realizing sustainable growth.
Furthermore, along with timely and accurate disclosure of corporate data through a variety of mediums, including via the corporate website, business reports and annual reports, the NGK Group strives for twoway communication that allows it to gain invaluable input from its shareholders and investors.
In fiscal 2011, plans are on hand to disclose more information on the corporate website to promote even greater understanding of the NGK Group.
Product displays at the
General Meetingof Shareholders
(June 2011)
NGK endeavors to hold open shareholder meetings that its shareholders will feel welcome in attending. In fiscal 2010, we used visual displays at the general meeting of shareholders and other venues to introduce visitors to NGK’s corporate activities, including its social contributions, as well as current developments at the Company.
Investor briefings on financial results are held twice a year in Japan, primarily for the benefit of institutional investors and analysts. NGK also makes individual visits to institutional investors and responds to interview requests in Japan and in other countries in addition to issuing management information relating to corporate value.
Change in Shareholder Dividends
NGK views the return of profits to shareholders as one of its most important management policies.
As a basic policy, we strive for shareholder-oriented management that emphasizes return on equity (ROE), and distribute the benefits of successful management after consideration of a comprehensive range of factors,including business performance and financial position, and future business development. In fiscal 2010, we paid an annual dividend of ¥20 per share, with a consolidated payout ratio of 26.7%.
Status of Shares (as of March 31, 2011)
| Total number of shares authorized | 735,030 thousand |
|---|---|
| Total number of shares issued | 337,560 thousand |
| Number of shareholders | 31,789 |
In recent years, we have upgraded and expanded the IR information available on our website in response to requests by shareholders and investors.
