Responsible Dialogue with Shareholders and Other Investors

Pigeon engages in responsible dialogue with shareholders and other investors. In addition to the president and the director in charge, for example, Kevin Vyse-Peacock (director) and Rehito Hatoyama (outside director) participate in the Company’s financial-results briefings. Pigeon also takes pains to ensure that shareholders have sufficient time to consider the agenda for each Ordinary General Meeting of Shareholders. The Notice of Convocation for the Ordinary General Meeting of Shareholders is posted on the corporate website about one month before the meeting and is mailed to shareholders three weeks before the meeting. We also enable shareholders to exercise their voting rights electronically via personal computer, smartphone, or mobile phone. Sign language interpretation and temporary child-minding services are provided during the meetings. Pigeon also permits beneficial shareholders to attend as observers, once they have completed certain stipulated procedures.
At the 63rd Ordinary General Meeting of Shareholders held on March 27, 2020, we took maximum possible measures to prevent the spread of COVID-19 infections. For example, our executive officers and management staff all wore masks, and we distributed masks to attendees. We also provided seating guidance to ensure social distancing between attendees.

Responsible Dialogue with Shareholders and Other Investors

63nd Ordinary General Meeting of Shareholders (March 27, 2020) Number of attendees: 159 Voting rights exercised: 84.5%
IR meet ings with institutional investors Total number of correspondences: 335 (fiscal 2019)