The Story of Sakichi Toyoda
Sakichi Toyoda, the founder of Toyota Industries Corporation, possessed a strong ambition to contribute to society from his days as a youth. He had devoted his 63-year-long life to invention.
We aim to obtain an appropriate company valuation in stock markets through timely and appropriate information disclosure while promoting good communications with shareholders and investors.
Toyota Industries continually carries out timely and appropriate information disclosure for shareholders and investors. In this way, we raise management transparency so that we obtain an appropriate company valuation in stock markets. We proactively provide not only information required under disclosure laws and regulations but also information on our management policy and business activities. Also, we engage in various investor relations activities to facilitate productive dialogue with shareholders and investors.
We hold our annual general shareholders’ meeting early to avoid the date on which many companies hold their respective shareholders’ meetings so that more shareholders can attend. We are further facilitating the exercise of voting rights of our shareholders by allowing them to exercise such rights via the Internet and by joining the electronic voting platform for institutional investors.
We held our 138th General Shareholders’ Meeting on June 10, 2016, in which a record-high 475 shareholders participated. To foster a better understanding of our business activities, we invited our shareholders for a lift truck plant tour following the general shareholders’ meeting.
|Number of Participants (Persons)|
For institutional investors and securities analysts, our management conducts briefing sessions to explain our quarterly financial results, including business performance, progress achieved at each business division and future initiatives. In addition to accepting individual interviews and making visits to institutional investors, in fiscal 2017
we hosted information sessions for the Materials Handling Equipment Business and car air-conditioning compressor plant tours. These events serve to showcase our business policies, our approach to manufacturing and on-site initiatives and facilitate a deeper understanding of Toyota Industries.
As for institutional investors outside Japan, we visit some of them to explain our management policies and business overview. We also participate in conferences hosted in Japan by securities companies and hold individual meetings
For individual investors, we hold company information sessions mainly in regions in Japan where our bases are located to promote an understanding of our business and management policies. Our Website also provides descriptions of our business details and strengths in an easy-to-understand manner.
Opinions and requests we collect through various means of communications with shareholders and investors are fed back to executives and relevant business divisions to reflect them in our future business activities.
|For institutional investors and securities analysts in Japan||
•Quarterly financial results briefings
|For institutional investors outside Japan||
|For individual shareholders and investors||
•Company information sessions
We strive to continue paying dividends from retained earnings at the consolidated dividend payout ratio of roughly 30% and meet the expectations of shareholders upon comprehensively taking into consideration such factors as business results and demand for funds.
For fiscal 2017, Toyota Industries increased annual cash dividends by ¥5.0 over the previous fiscal year and paid annual cash dividends per share of ¥125.0 (interim cash dividend per share of ¥60.0 and year-end cash dividend per share of ¥65.0).