Together with Investors
Approach to IR activities
| Participating companies |
Participating individuals |
|
|---|---|---|
| Meetings with Investors in Japan |
554 (52)* |
613 (52) |
| Overseas IR tours | 263 (25) |
330 (31) |
| Tours of facilities | ||
| 3 in Japan | 82 | 83 |
| 1 overseas | 12 | 12 |
| IR seminars for individuals | ||
| 13 in Japan | - | 1,069 |
NYK Line believes that the keys to fair assessment of its corporate value are timely, fair, and appropriate disclosures to shareholders, investors, and all other stakeholders, and mutual communications with them. The president and other management take the initiative of disclosure for the business environment and management strategy. Furthermore, we are mindful of creating even more opportunities to explain the company. We hold various meetings, including the annual General Meeting of Shareholders (avoiding the dates most Japanese companies hold their annual meetings), quarterly results presentation meetings, round-table meetings with the president, as well as presentation meetings for individual investors. In Fiscal Year 2011, we enhanced comprehensive explanations about the medium-term management plan “More Than Shipping 2013” released in March 2011. Amid tumultuous change in the operating environment, we are determined to continue conducting vigorous IR activities to cultivate trust in the sustainable growth of our business performance.
Tours of facilities
In October 2011, NYK and Yusen Logistics Co. Ltd. held a joint IR tour for institutional investors and analysts in China (Shanghai and surrounding areas). We showed our warehouse in the Suzhou Industrial Park and the Shanghai Northwest Logistics Center, in addition to a RORO ship terminal at Waigaoqiao. We also visited our customers' steel and paper companies to hear explanations of their businesses and tour their facilities. Lively question-andanswer sessions and discussions occurred at each place, and participants became more convinced of the NYK Group's growth potential in China.
Publication of IR information
Fall 2011
The “NYK Plus” pamphlet is published twice a year (spring and fall) specifically for individual shareholders and investors to provide them with insights into the breadth of NYK's core ocean, land, and air business activities and the company's social contribution initiatives. We are also enhancing the content of our website so that up-to-date information is available. On the site, we provide the monthly container market freight rate index and trends of the bulk carrier and tanker market,1 as well as the schedule for upcoming presentation meetings for individual investors.
Appreciate emphasis on stock markets
NYK Line is one of the highest-ranked companies for disclosure both by the Security Analysts Association of Japan and by institutional investors. I appreciate the efforts made to maintain a dialogue with stock markets and use that information in management, especially the small meetings with the president and the IR organization that is able to discuss business strategy with us on a day-to-day basis. The company is also active in providing tours of its domestic and overseas facilities. In 2009, I was able to tour a car carrier; and in 2010, viewed what the company is doing to enhance the safety of ship operations. The car carrier tour was held just after the global recession, when Japan's automobile exports were trending downwards. The safe ship operation tour was held at a time when safety standards were being beefed up with “major inspections,”* and it was a valuable opportunity to hear first-hand what front-line workers were thinking.
Yuichi Tezuka
Senior Research Analyst
Equity Investment Department
Sumitomo Trust & Banking Co. Ltd.
* Major inspection
Ship inspections by “major oil companies,” the giants who cover every stage of the oil industry