Fair Management
For Stockholders and Investors
Alps Electric is committed to accurate and fair information disclosure to our stockholders and investors in an appropriate and timely manner to generate trust and understanding. Alps Electric accounts to stockholders, investors, and other stakeholders, and fosters interactive communication through opportunities such as our annual stockholders meeting and business result briefings.
Fair Information Disclosure
The top page of “Investor Relations”
Report for stockholders―“Alps Report”
Alps Electric, in accordance with laws and regulations, appropriately discloses information such as our financial results, annual security reports and other documents as required. We post disclosed information immediately onto our website, which also regularly displays other news and information concerning new products and business initiatives. We clearly explain our business results and present information on new products and technologies to our stockholders through the Alps Report which is sent out four times a year in conjunction with our quarterly business results.
Communicating with Stockholders and Investors
Earnings briefing for institutional investors, securities analysts and members of the press
Alps Electric values opportunities to interact with stockholders, investors, and the media as a means of bettering their understanding of the company. At our annual General Meeting of Shareholders, explanations of business matters are clear and detailed, key products are put on display, and a social function is held allowing personal interaction. To improve convenience and transparency for shareholders, Alps holds its meeting on a date that enables the greatest potential for attendee numbers, and results of shareholder voting during the meeting on submitted proposals are disclosed as regulated since 2010. Quarterly earnings briefings are also held for institutional investors, securities analysts and members of the press. Institutional investors overseas, particularly large shareholders, are visited once or twice a year in order to provide similar briefings.
Briefings for Shareholders and Investors
The director in charge of investor relations briefs individual shareholders on business conditions
We arrange opportunities for direct talks with shareholders and investors in order to deepen their understanding of Alps Electric. In September 2010, we invited individual shareholders to our biennial private exhibition, the Alps Show, and held a briefing for them. On the day, the director in charge of investor relations provided a clear explanation of business conditions and performance, and questions were fielded from attendees, a number commenting that their understanding of Alps had improved. A briefing was also held for analysts and institutional investors during the period of the Alps Show. Attended by around 50 people, the occasion was very worthwhile.
Dividend Policy
Alps Electric's profit dividends are based on the consolidated performance of the electronic components business, and are used for,
（1）passing on profits to stockholders,
（2）investing in equipment, research and development for future business expansion and to strengthen competitiveness; and
（3）retaining a share of profits within the company.
A balanced dividend allocation is determined on the basis of these three elements.
For dividends and other information, please see “Investor Relations”
CSR Department
Naoki Yokoyama
Listed companies have been required to disclose results of voting on proposals submitted to shareholders’ meetings since 2010. Alps Electric even discloses results of votes exercised by shareholders during the actual meeting. Briefings for individual shareholders were also organized as opportunities for two-way interaction with shareholders. In addition to fully satisfying legal and social requirements, we aim to engage in communication with shareholders from their perspective and better their understanding about Alps Electric.