The Yamaha Group strives to disclose information in a fair and timely manner for the benefit of institutional and private investors in Japan and overseas. Rules for disclosure are set forth in the Disclosure Policy, which is available online.
Information Disclosure (Communication with Shareholders and Investors)
In order to conduct continued transparent business operations and have these operations accurately understood by shareholders, investors, and other stakeholders, it is critical to disclose information properly. The Yamaha Group states in its Compliance Code of Conduct that it will provide factual and accurate reports of financial conditions and operational results to shareholders and government entities in accordance with laws and other regulations and disclose appropriate management information to shareholders and investors.
Investor Relations Activities
Website for Institutional Investors
The investor relations (IR) section of Yamaha’s corporate website (available in English and Japanese) provides up-to-date information on our business, including business strategies, information on medium-term management plans, earnings reports, and financial data, along with newsletters. In fiscal 2020, the IR section of our website received a number of honors, namely a commendation award in the 2019 Internet IR Award (Daiwa Investor Relations Co. Ltd.), recognition as a AAA website in the 2019 homepage ranking of all listed companies (Nikko Investor Relations Co., Ltd.), and a silver award in the ranking of companies with superior IR websites (GOMEZ). These honors reflected the evaluation of the website’s easy-to-understand navigation options and its timely provision of the information necessary for investors.
Major IR Activities
Yamaha promotes communication with shareholders and other investors in both Japan and overseas through various activities such as quarterly result briefings and other regular events as well as business briefings for securities analysts and institutional investors, factory and facility tours, and explanatory meetings for private investors, which are held as needed. The opinions and information gathered through communication with shareholders and other investors are shared internally among the related departments, and these findings are reflected in our IR activities and in the execution of management.
|Target audience||Frequency||Times held in fiscal 2020|
|Financial results briefings||Securities analysts
|Business briefings||Same as above||Irregularly||0|
|Factory/facility tours||Same as above||Irregularly||0|
|Individual meetings||Same as above||Approx. 200 times a year||250|
|Overseas investor visits||Overseas institutional investors||Three times a year (United States, Europe, and Asia)||3 (United States, Europe, and Asia)|
|Medium-term management plan briefings||Securities analysts
|Company briefings for private investors||Private investors||Irregularly (in Japan)||6|
Socially Responsible Investment Initiatives
Yamaha Corporation has been included in domestic and overseas Environmental, Social, and Governance (ESG) indexes*1 and ESG funds as well as all four of the ESG indexes for Japanese stocks utilized by the Government Pension Investment Fund based on the consideration it exercises for the environment and for society.
For more details, please refer to the External Recognition page.
- *1 ESG indexes compile companies evaluated as exhibiting excellence in terms of both profitability and sustainability and track the movements of their stock prices.
|Rating and Investment Information, Inc.||A+|
|Japan Credit Rating Agency, Ltd.||AA-|
Shareholder Returns and Retained Earnings
The Company’s shareholder returns and retained earnings policies are explained in the link below.
Yamaha Corporation has introduced special incentive programs for shareholders to express our appreciation for their daily support and to foster greater understanding and support for Yamaha’s business.
- Yamaha Group Sustainability Policy
- Yamaha Group Human Rights Policy
- Yamaha Group Environmental Policy
- Yamaha Eco-Products program
- Yamaha Group Purchasing Philosophy
- Yamaha Supplier CSR Code of Conduct
- Yamaha Group Timber Procurement Policy
- Yamaha Group Green Procurement Policy
- Yamaha Compliance Code of Conduct