Activity / Publications

 

 

[Investor Forum 6th meeting]   (held on July 7, 2016)

In the sixth meeting, we brainstormed on the potential agendas to be discussed at the future investor forum meetings. The prominent topic was, ” The communication between/within companies and investors regarding proxy voting policy and voting results”, which the group decided to set as an agenda for the 7th investor forum meeting.

Other topics included, “thoughts on companies selecting their investor base through selective IR activities”, “disclosure of the business model”, “actions towards companies with less awareness for engagement with its investors”, ” the role of the board of directors and board evaluation “, ” pros and cons of full disclosure of equity holdings of pension funds”, ” engagements by passive investors”, ” the importance of incorporating ROA and ROIC upon engagement with corporate management in addition to ROE”,” dialogue with dominating shareholders “. Furthermore, there were also opinions that investors should deepen the understanding of the significance of ROE and corporate governance. These will be potential topics to be discussed at the investor forum sessions going forward.

(There will be no report publications for this session.)

 

[Investor Forum 5th meeting]   (held on May 25, 2016)

At the investor forum 5th meeting, the forum invited Mr. Hiroshi Aoi, President of Marui group ltd., as guest speaker to discuss the topic “What is the kind of investor who contributes in the value creation of companies, from a company management point of view”. The report (currently only available in Japanese) summarized various opinions and comments submitted by the participants.

 

[2nd Open Session meeting

The forum hosted an open panel session between investors and corporates (and other stakeholders) on the topic ” What is the ideal state of corporate disclosure on earning results and forward looking guidance” and filed a report summarizing the opinions raised at the meeting.

 

[Submission of article to SHOJIHOMU

Investor forum Steering Committee submitted an article to the Junkan SHOJIHOMU (№2084, No. 11 May 25th 2015), titled “Corporate Governance Report view from investors – investor forum and its activities -”

 

[Investors Forum 3rd and 4th meeting

At the investor forum third and fourth meeting, we discussed on ” What is the ideal state of corporate disclosure on earning results and forward looking guidance”, and compiled a report summarizing the main opinions raised by the participants.

 

[1st Open Session meeting

The investor forum hosted an open discussion panel between investors and corporates (and other stakeholders). The topic was “Investors’ Evaluations and Expectations on the Companies’ Response to the Corporate Governance Code”, and the forum compiled a report summarizing the main opinions raised by the participants.

 

[Attendance to the Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code] 
The Forum of Investors Japan was asked to attend the 3rd meeting of [the Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code] held on 24th November 2015 as a guest speaker to present a view from institutional investors with regard to the “Cross-shareholdings”.
Abstract of Investor Forum Report 24Nov2015

[REPORT ON THE FIRST/SECOND INVESTORS FORUMS]
The Report summarizes key opinions and comments regarding the topic of “Investors’ Evaluations and Expectations on the Companies’ Response to the Corporate Governance Code”, which was discussed at the 1st and 2nd round of forum of investors.
ET_Report_on_the_First Second Investor_Forums

[SUPPLEMENTARY Document] Opinion on Strategic Shareholdings
The supplementary document summarizes key opinions and comments on the topic of “Strategic Shareholdings”, which was discussed at the 1st and 2nd round of forum of investors.
ET_Supplementary_Document_First & Second Investor_Forums