Implementing timely and appropriate IR initiatives
As a law-abiding corporate citizen, Honda always maintains good communications with shareholders and investors worldwide. This is accomplished by publishing accurate information that is useful for investment decisions as it becomes available, and by representing the company's operations and financial situation in a clear, factual manner.
To fulfill these objectives, in addition to an annual report, we publish reports and a shareholders' bulletin on a quarterly basis. We hold quarterly meetings with analysts and institutional investors. For our institutional investors in North America, Europe, and Asia we offer biannual corporate briefings at which we present our financial performance and business strategy in order to deepen their understanding of Honda as a company. These publications and material from briefings and financial results meetings can be found at the IR section of the Honda website (http://world.honda.com/investors), which also includes information for our shareholders provided as and when required.
Although the impact during fiscal 2012 of the Great East Japan Earthquake and flooding in Thailand made certain aspects of announcing the outlook for the Group's business performance difficult, we disclosed information about damage from the two disasters in a timely manner as part of the "Investor Relations" section of our website in accordance with our basic policy of providing useful information to shareholders and investors in an appropriate manner.
Redesigning Honda's investor relations website
In March 2011, Honda completed a major redesign of its investor relations website.
By categorizing content in an appropriate manner, incorporating important content into the main page in an easy-to-understand manner, and enhancing site guidance, navigation, and accessibility, we have delivered improved usability for visitors seeking IR information.
We have also enhanced the amount of information relating to finance, business performance, and company shares in an effort to create a website that offers useful financial information from the standpoint of the user.
Communicating with shareholders
Honda considers its annual Ordinary General Meeting of Shareholders a vital opportunity to optimize communications with all its shareholders. We strive to present all company information as clearly as possible, using images and slides, and field the broadest possible range of questions and opinions.
Displays of Honda automobiles, motorcycles and power products provide an opportunity for shareholders to examine our products firsthand. To facilitate the participation of shareholders who are unable to attend in person, Honda has set up a system enabling shareholders to cast their votes by post or on the Honda website via computer or mobile phone. Non-Japanese shareholders are notified in English of upcoming shareholders' meetings. These are just a few examples of Honda efforts to facilitate voting.
We also host inspection visits such as Enjoy Honda Motegi, a fun event that gives shareholders an opportunity to tour production facilities and exposes them to a broad range of Honda products, services, and corporate activities. By inviting shareholders to see for themselves where and how Honda products are created, we hope to give them a better understanding of what goes on at the company and to create a sense of familiarity with the company and its products.
*The production facility tour originally scheduled as part of the fiscal 2012 inspection visit was canceled due to the flooding in Thailand.