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.
As well as providing impartial and fair information to shareholders and investors in a timely and appropriate manner, NGK garners valuable input from shareholders and investors by encouraging open communication between both sides.
Product displays at the general meeting of shareholders (June 2009)
NGK endeavors to hold open shareholder meetings that its shareholders will feel welcome in attending.
In fiscal 2008, we used visual displays at the general meeting of shareholders to show an outline of NGK’s business operations and TV commercials to introduce shareholders to current developments at the Company.
An earnings results presentation for investors (October 2008)
Investor briefings on financial results are held twice a year in Japan, primarily for the benefit of institutional investors. NGK also makes individual visits to institutional investors in Japan and in other countries in addition to issuing management information relating to corporate value.
Change in Shareholder Dividends
To boost shareholder profits and further enhance capital efficiency, we acquired a total of 10 million shares (approx. ¥13.36 billion) of treasury stock in two separate installments in fiscal 2008. Over the last 13 years, we have acquired a cumulative total of 93.58 million shares of treasury stock, valued at ¥104.7 billion.
Status of Shares (as of March 31, 2009)
| Total number of shares authorized | 735,030 thousand |
|---|---|
| Total number of shares issued | 337,560 thousand |
| Number of shareholders | 27,410 |
NGK utilizes business reports, annual reports, and a variety of other tools for the timely and accurate disclosure of business information. In recent years, we have upgraded and expanded the IR information available on our website in response to requests by shareholders and investors.
