Investor Relations
Status of Dialogue with Shareholders
Overview of dialogue with shareholders and other investors
To promote constructive dialogue with shareholders and other investors, including equity and credit investors, we conduct investor relations activities under the supervision of our Board Director and CFO. These activities are led by our Investor Relations Department, which consisted of 17 members as of June 1, 2026, and are carried out in close collaboration with relevant departments, including Finance, Accounting, Corporate Legal, and General Administration. Dialogues with shareholders and other investors are handled by our management, including the CFO, and the Investor Relations Department.
Number of dialogue sessions with shareholders and other investors
| FY2023 | FY2024 | FY2025 |
|---|---|---|
| 762 | 825 | 965 |
Major dialogue subjects and topics of interest for shareholders (as of June 30, 2026)
Our Growth Strategy and Initiatives in Key Focus Areas
- AI Model
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- Investment policy for OpenAI and the status of collaboration with OpenAI
- OpenAI's future growth potential and competitive advantages
- AI Chip
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- Strategic direction in the AI chip space, including Arm, Ampere, and Graphcore
- Arm's strategy, including its proprietary CPU chip designs
- AI Infrastructure
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- Overview of each data center construction project
- Financing methods
- Physical AI
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- Strategy and synergies in the physical AI space
- Purpose of the acquisition of ABB Ltd's robotics business
Financial Soundness and Financing Policy
- Funding methods for executing large-scale investments and the approach to LTV (Loan-to-Value) management
- Policy and timing regarding the monetization and/or sale of assets
- Balance and priorities among (1) growth investment, (2) shareholder returns, and (3) financial improvement
Status of providing feedback to management and the Board of Directors on the opinions and concerns of shareholders and other investors
We strive to create a positive cycle for a feedback loop where we promptly collect and compile opinions and concerns shared by shareholders and other investors, report this feedback to top management and relevant departments, incorporate the feedback into various measures, and use it to enhance our information disclosure and messaging. In addition, we regularly report to the Board of Directors on the opinions and concerns raised during dialogues, as well as on trends in shareholder ownership.
