Home > Social Activity > To Our Shareholders and Investors
Hitachi is dedicated to enhancing communication with shareholders and investors while providing them, in a fair and appropriate way, with the information they need to make sound investment decisions.
Hitachi's IR Philosophy
The Hitachi Group approaches investor relations (IR) proactively, working from the basic principle of ongoing public disclosure of information in compliance with all relevant laws and regulations. We believe that providing timely, fair, unbiased, and accurate information on the corporation's current status and future prospects is an essential element of IR. Through the open, ongoing disclosure of information, we are working to both enhance the transparency of corporate management and to promote IR initiatives that meet the needs of our shareholders and investors.
Proactive IR Approach
![[image]IR presentation on Hitachi's hard disk drive business](/csr/csr_images/stockholder_img_01.jpg)
IR presentation on Hitachi's hard disk drive business
At Hitachi, Ltd., our top executives, as well as our financial, legal, and corporate communications divisions, and each of our business divisions, work together on a wide range of IR initiatives. These include holding corporate strategy briefings and tours of production and R&D facilities for institutional investors and analysts, as well as participating in investor meetings sponsored by securities firms.
In fiscal 2006, we delivered presentations to introduce our R&D activities, hard disk drive business, and automotive operations, in addition to a major presentation on the new Hitachi Corporate Strategy covering the period ending March 2010. The R&D presentation, held at the Systems Development Laboratory of Hitachi, Ltd., introduced investors to our R&D and intellectual property strategies.
In addition, we hold more than 350 meetings a year for institutional investors and analysts, both Japanese and foreign. Moreover, we work hard to ensure that the feedback given by institutional investors and analysts at these meetings is incorporated into the company's management and business operations.
In January 2007, for example, we redesigned our IR Web pages, making information that shareholders and investors need clear and easilyavailable. As well, we created a section for individual investors. In this way we are striving for full, public disclosure of information that promotes a better understanding of the Hitachi Group. We are also working to make access to information on our Web site as fair as possible by providing the English as well as the Japanese presentation materials used in strategy briefings.
Publications Providing Business Information
- Financial Reports
- Business Reports
- Annual Report
- Financial Highlights
- R&D and Intellectual Property Report
- Hitachi Group CSR Report
General Meeting of Shareholders
At Hitachi's Ordinary General Meeting of Shareholders, we offer audio-visual reports designed to give shareholders a thorough understanding of the company's situation. Management matters are presented by the President and Chief Executive Officer, and much of the information is posted on the Hitachi website following the meeting.
Advance notification of the meeting is usually given on June 1 each year and posted on our website, to ensure that shareholders have adequate time to study all motions on the agenda.
Trends in Shareholder Composition
![[image]Trends in Shareholder Composition](/csr/csr_images/stockholder_img_02.gif)
Results of External SRI Assessments in Fiscal 2006
The Hitachi Group is eager to cooperate in the external assessments required for inclusion in the major SRI (socially responsible investment) *1 indexes, and we have received high marks in those evaluations.
A large number of Hitachi Group companies were selected for EIRIS's FTSE4Good Global Index *2 and the Morningstar SRI Index.
Significantly, Hitachi was named the number one ranked company in the 2006 Roberts Environmental Center Sustainability Index Scores for the "Electronics, Semiconductor, and Peripherals Sector."
- *1
- Socially Responsible Investment (SRI)
An approach to investing in which stocks are selected partly on the basis of criteria relating to corporate social responsibility (CSR). - *2
- FTSE4Good Global Index
An index developed by EIRIS (U.K.), which evaluates corporations based on their environmental, social, and human rights performance.
| Institution | SAM | EIRIS | Morningstar |
|---|---|---|---|
| Index | DJSI | FTSE4Good Global Index | SRI Index |
| Companies selected | Hitachi Chemical Co., Ltd. | Hitachi Metals, Ltd. / Hitachi Maxell, Ltd. / Hitachi High-Technologies Corp. / Hitachi Chemical Co., Ltd. / Hitachi Capital Corp. / Hitachi Software Engineering Co., Ltd. |
Hitachi, Ltd. / Hitachi Metals, Ltd. / Hitachi Construction Machinery Co., Ltd. / Hitachi Maxell, Ltd. / Hitachi High-Technologies Corp. / Hitachi Transport System, Ltd. / Hitachi Information Systems, Ltd. / Hitachi Chemical Co., Ltd. / Hitachi Cable, Ltd. |
Top Executives Discuss Business Operations
![[image]Top Executives Discuss Business Operations](/csr/csr_images/stockholder_img_03.jpg)
We believe that providing an opportunity for Hitachi executives to explain business operations is an important aspect of investor relations. At the corporate strategy briefing held in November 2006, Hitachi President Kazuo Furukawa explained Hitachi's corporate strategy for the period ending in March 2010 to institutional investors and analysts.