Status of Dialogue with Shareholders
At Rakuten Bank, we are committed to providing timely, appropriate, and fair information disclosure so that our shareholders and investors can understand the Bank's business operations and financial standing and make proper judgments.
Additionally, we seek to achieve fair disclosure by releasing key information in English as well.
To promote constructive dialogue with the shareholders and investors, we have stipulated a disclosure policy, which we post on the Bank's website, and communicate with the capital markets as appropriate.
Further, at the time of our quarterly earnings announcement, the president and the executive manager of the planning division and the finance division hold a financial results briefing and Q&A session for individual investors, institutional investors, and the media.
The opinions and requests we receive through dialogue are reported to the Board of Directors and the Management Conference as appropriate.
Activities during FY2023
Financial results briefing | Number of meetings* | ||
---|---|---|---|
(For institutional investors and analysts) | (With institutional investors and analysts) | ||
Sessions held | 4 times | Sessions held | 199 times |
Total participants | Approx. 200 individuals | Total participants | 281 companies |
- * In addition to the three times our president & CEO participated in overseas IR and conferences, we held 12 one-on-one meetings overseas.
Main representatives participating in the dialogue with investors and shareholders, and their activities
Participants representing Rakuten Bank | Activities during FY2023 |
---|---|
President & CEO | Financial results briefing (4 times); dialogue with domestic and overseas institutional investors, etc. (47 times) |
Executive Manager of the Planning Division and the Finance Division | Financial results briefing (4 times); dialogue with domestic and overseas institutional investors, etc. (72 times) |
General Manager of the Planning Division | Financial results briefing (3 times); dialogue with domestic and overseas institutional investors, etc. (125 times) |
- * The General Planning Department's IR team participates in all dialogues.
Total number and overview of the dialogue sessions held with institutional investors, shareholders, and analysts
- Breakdown
- Domestic: 85 sessions
- Overseas: 114 sessions
- Main representatives:
- CFO, CIO, fund managers, analysts, etc.
Major dialogue themes and matters of interest to shareholders and investors
- ・Outlook on interest income
- ・Investment strategy for securitized assets
- ・Earnings structure and breakdown of asset portfolio
- ・Synergies with the Rakuten Ecosystem
- ・Ensuring appropriateness of transactions with the parent company and group companies
Matters reflected in our disclosure materials based on input from dialogue and investor feedback
Enhancement of content disclosed in the financial results briefing materials
- ・Impact of higher interest rate on Rakuten Bank's performance
- ・Roadmap toward ROE improvement
- ・Rakuten Bank's stance on dividend policy
Toward stepping up dialogue with shareholders and investors in FY2024
We plan to create more opportunities for dialogue with our shareholders and investors outside of the financial results briefing sessions and the general shareholders' meetings.
At the same time, we intend to strengthen our IR structure, conduct overseas IR, and host small meetings for investors and analysts.