Shareholder Relations
We make every effort to raise corporate value and openly disclose information.
Business results and profits
Toyoda Gosei’s revenue declined to 812.9 billion yen (3.3% decrease from 840.7 billion yen the preceding fiscal year), affected by exchange rates with the stronger US dollar and Chinese yuan, and decreased automobile production due to the spread of the novel coronavirus since the beginning of the year. Profits were also down as a result of decreased sales due to the coronavirus and the loss on liquidation of our German production subsidiary, TG Meteor. Operating profit decreased to 17.8 billion yen (51.0% decrease from 23.3 billion yen the previous year), while profit attributable to parent company owners decreased to 11.2 billion yen (51.8% decrease from 23.3 billion yen the previous year). As a result, the dividend on annual surplus was 60 yen per share.
The exchange rate was USD1 = JPY111 for the previous fiscal year, and USD1 = JPY109 for the current fiscal year.
■Change in dividends
■Distribution for each type of shareholder
Communication with shareholders and investors
For constructive dialogue with shareholders and investors, we have established a system for conducting such dialogue in a coordinated manner, planning opportunities and sharing necessary information.
This dialogue is carried out through financial results briefings or small meetings for institutional investors with explanations by the company’s president or relevant officer; plant tours for institutional investors with explanations by the officer in charge; direct visits by the officer and persons in charge of IR and SR to institutional investors; and other means. Based on the opinions and desires of shareholders and investors obtained, further opportunities for dialogue are being enhanced.
In compliance with fair disclosure rules, Toyoda Gosei restricts dialogue with shareholders and investors and thoroughly controls information in the company during a silent period before earnings reports are released. If insider information emerges in the company, it is tightly controlled as part of thorough information management.
■Main IR activities
| Targeted persons | IR activities | |
|---|---|---|
| Domestic institutional investors (including securities analysts) | Individual discussions, financial results briefings, facility tours, telephone conferences |
|
| Overseas institutional investors | Individual discussions, participation in IR events | |
| Individual shareholders and investors |
|
|
Presentation of financial
results, Tokyo
Individual meetings with
overseas investors, Tokyo
First plant tour for analysts and institutional investors
In 2016, Toyoda Gosei Co., Ltd. held its first plant tour for 25 securities company analysts who regularly gather information on our company and institutional investors who possess and manage Toyoda Gosei shares. To provide a better understanding of our technical abilities and future potential, we took participants on a tour of our Inazawa Plant to see the latest plating and painting processes for interior and exterior products and our efforts to make compact, automated production lines.
Plant tour