Fuji Electric places the utmost emphasis on communication with shareholders and investors. We work diligently to disclose information in a timely, appropriate, and easy-to-understand manner.

We disclose information in accordance with various laws and regulations. Even if we are not required to do so by law, we also strive to disclose corporate information thought to have a significant impact on investment decisions in a timely, fair, and equitable manner, so that we might earn the trust of our shareholders and investors and ensure they have a proper understanding of the Company.

We handled more media coverage on conference calls or online, provided more elaborate information than ever to disclose at the IR briefings, and published more detailed IR information on our website in order to ensure that our shareholders and investors have a clearer understanding of our business environment, business strategy, and ESG initiatives.

Opinions of analysts and institutional investors

We actively engage in dialogue with analysts and institutional investors, and the information shared at briefings and the principal feedback and requests we receive during private meetings are shared with the executive officers and Board of Directors, so that we discuss them as management issues. The main opinions and requests received from analysts and institutional investors in fiscal 2022 are as follows.

Fuji Electric uses a variety of means to provide IR information.

From fiscal 2011, the Company decided to issue a single “Fuji Electric Report” each year to provide shareholders and investors with an even deeper understanding of Fuji Electric and the full breadth of its activities. This report integrates the features of the Company's previously issued Annual Report, which focused mainly on the management and financial aspects of the Group, and the CSR Report, which addressed non-financial matters.

The aforementioned report is complemented by regular quarterly reports to shareholders as well as wide-ranging IR information posted on the Shareholder and Investor Information section of the Company's website.

Fuji Electric’s basic policy is to first allocate profits earned from business activities to shareholders’ equity in order to strengthen its management base. After this is accomplished, the Company seeks to maintain sufficient internal reserves for research and development, capital investment, and human resource development from a medium-to-long-term perspective while issuing shareholder returns.

The Company’s dividend policy is to issue stable and ongoing dividends from retained earnings. Dividend amounts are determined based on a comprehensive evaluation of factors including consolidated performance in the applicable fiscal year, research and development and capital investment plans targeting future growth, and the outlook for the operating environment.

For fiscal 2022 we paid a full-year dividend of ¥115 per share, comprising an interim dividend of ¥55 and a year-end dividend of ¥60.

Note: Effective October 1, 2018, the Company conducted a one-for-five reverse stock split pertaining to shares of common stock. Amounts for cash dividends per share reflect this stock split.