Casio discloses information promptly and fairly to shareholders and investors, and always strives to increase shareholder returns.
Basic policy for shareholder returns
Casio considers the maintenance and expansion of returns for all of its shareholders an important management issue, and constantly strives to improve its business performance and financial structure. The company's dividend policy calls for maintaining stable dividends, and Casio determines the allocation of profit by taking into account all factors such as profit levels, financial position, the dividend payout ratio, and future business development and forecasts.
Considering this policy, Casio paid dividends of ¥40 per share in fiscal 2017, the same dividends as the previous fiscal year. Casio again plans to pay dividends of ¥40 per share in fiscal 2018.
Inclusion in SRI Indexes
The FTSE4Good Index, developed by FTSE Russell, an index and data provision services company capitalized by the London Stock Exchange Group, evaluates corporate sustainability in terms of social, environmental, and governance aspects. Casio Computer Co., Ltd., has been included in the FTSE4Good Index since June 2016.
MSCI Global Sustainability Indexes
MSCI Global Sustainability Indexes, developed by MSCI (Morgan Stanley Capital Investment), consist of companies that are excellent in ESG (Environment, Society &, Governance) aspects. Casio Computer Co., Ltd., has been continuingly included in the MSCI Global Sustainability Indexes since September 2014.
Morningstar Socially Responsible Investment Index (MS-SRI)
Casio Computer Co., Ltd., has been continuingly included in the Morningstar Socially Responsible Investment Index (MS-SRI) since September 2004. Morningstar Japan selects 150 companies from among all listed companies in Japan based on their social responsibility track records, and indexes their stock prices.
SNAM Sustainability Index
In June 2017, Casio Computer was selected for inclusion in the SNAM Sustainability Index created by Sompo Japan Nipponkoa Asset Management Co., Ltd. (SNAM). Based on this unique active index, SNAM launched the SNAM Sustainable Investment Fund in August 2012. This is a responsible investment product for pension funds and institutional investors that invests in a wide range of companies with high ratings based on environmental, societal, and governance (ESG) factors. After the companies are selected with a focus on the results of ESG surveys by research firms, the portfolio weights are determined based on the SNMA Sustainability Index.
Communication with shareholders and investors
Every quarter, Casio holds a financial results briefing for institutional investors and securities analysts on the same day that the company announces its results. The president or the director responsible for investor relations is the main speaker at these briefings, and explains the financial results and forecasts. Casio also holds meetings with institutional investors and analysts worldwide, while occasionally providing factory tours and business briefings.
Improving IR publications
To provide IR information for shareholders and investors, the company issues an Annual Report, semiannual business reports (Japanese only), and quarterly Consolidated Financial Results. Casio's Investor Relations website also features these publications and other IR information. Casio also updates its Investor Relations site in a timely fashion to reflect market changes and make the information more accessible and useful.
Reaching out to individual shareholders and investors
Casio is carrying out various initiatives in order to deepen the understanding individual investors and shareholders have of its business. At its General Meeting of Shareholders, the company described its main products and key businesses. On the Japanese Investor Relations website, a section was added specifically for individual investors in an effort to make information disclosure clearer.