Status of dialogue with shareholders and investors

Policy for Constructive Dialogue with Shareholders

The Company holds a quarterly financial result briefing and other small meetings. The President and the Directors in charge of operations attend such dialogues with these shareholders. In addition, the Company regularly communicates its messages through the General Meeting of Shareholders, various briefings and other meetings, websites and other channels and media. Opinions and other comments received from the shareholders are shared among the top management and the related departments. The IR department and the related departments of the Company also liaise with each other and share the opinions of the shareholders for arguments.

The status of main dialogue results in FY2025

Main responders: President & CEO, Director in charge of IR, Directors, Operating Officer, Department in charge of IR

Activities Results Descriptions
Financial results briefings Four times/179 companies
(FY 2024 Results:
Four times/155 companies)
Quarterly financial results briefings were held.
Individual interviews 157 times/231 companies
(FY 2024 Results:
129 times/202 companies)
Meetings with domestic and foreign institutional investors and securities company analysts were held.
IR events, etc Six times Executing business presentations and participating in conferences sponsored by securities firms, etc.

*The number of companies is the total.

Main themes and concerns of the dialogue

■ Progress on "the Medium-Term Management Plan 2027”

■ Medium- to long-term growth strategy and regional trends in the Watches business

■ Expansion of orders and outlook for the future in the Machine Tools business

■ Concept of investing in growth and rationalization together with shareholder returns