Investors

The basic approach of ALPS ALPINE CO., LTD. (the “Company”), placing importance on maximizing benefits for all stakeholders including shareholders and investors, is to maximize corporate value and deliver benefits directly or indirectly to stakeholders in a balanced way, satisfying their respective interests. Based on this approach, the Company puts emphasis on dialogue with shareholders and investors on a regular basis, and discloses information on its financial conditions, business strategies, etc., in a timely, appropriate and fair manner, while also promoting constructive dialogue. Through these ongoing efforts, the Company maintains fairness and transparency in management and strives to continuously create corporate value, build relationships of trust, and maximize shareholder value.

1. Organizational Structure to Conduct IR Activities

The Company has appointed the Director supervising the Administration Division as the officer in charge of investor relations (IR), and established the IR Section of the Corporate Communication Department as a department responsible for planning, managing and performing IR activities. Regarding information disclosure, the Company endeavors to disclose matters resolved by the Board of Directors and its corporate and financial information in a timely and appropriate manner by having the department work closely with the Corporate Planning, Corporate Accounting, Corporate Treasury, Human Resources, Legal Affairs and other relevant departments.

2. Criteria for Information Disclosure

1. To maintain fairness and transparency in management, the Company discloses its decisions, facts that have occurred to the Company, information on its financial results, etc., that impact investment decisions, in accordance with the Companies Act, the Financial Instruments and Exchange Act, and other relevant laws and regulations (the “Relevant Laws and Regulations”) and the rules on timely disclosure of corporate information by issuers of listed securities established by the Tokyo Stock Exchange (the “Timely Disclosure Rules”).
2. The Company also discloses in a proactive and fair manner, any information which does not fall under the category of the material fact defined under the Relevant Laws and Regulations or the Timely Disclosure Rules, but is considered important to shareholders and investors making investment decisions or understanding the Company.
3. To prevent leakage of information on its financial results, the Company avoids answering questions about its operating results during the one month period preceding the announcement of its full-year and quarterly operating results, designating it as a quiet period for IR activities.

3. Ways to Disclose Information

1. The Company’s information which required to be disclosed under the Timely Disclosed Rules is made public on the Timely Disclosure network (TDnet) provided by the Tokyo Stock Exchange.
2. The Company’s securities reports and other documents for reporting required to be filed under the Financial Instruments and Exchange Act are made public on the Electronic Disclosure for Investors’ NETwork (EDINET) provided by the Financial Services Agency.
3. The Company posts the information disclosed as described in paragraphs (1) and (2) above on its website promptly after the disclosure.
4. Besides the information described in the above paragraphs (1) and (2), the Company also discloses information expected to impact investment decisions promptly through a press release, a press conference, a briefing session, etc., as appropriate.
5. In addition to these, the Company works to enhance opportunities for direct dialogue through briefings on each earnings announcement for analysts, institutional investors and the press, and regular visits to Japanese and overseas investors by Directors, etc. The Company also endeavors to promote understanding of its business activities through ALPS ALPINE REPORT, its bulletin for shareholders which, besides the Business Reports, introduces new products and technologies, etc. Non-financial information such as information on management strategies, management issues, risks and governance, as well as new product information and the latest news on the Company’s business activities are regularly disseminated via the Company’s website and integrated reports.

4. Dialogue with Shareholders and Investors

The Company regards constructive dialogue with shareholders and investors, as an important opportunity that contributes to sustainable growth and medium- to long-term improvement of the corporate value of the Company.

1. The Representative Director and President, Directors in charge of management, and others, engage in continuing dialogues by attending results and business briefings, management meetings with investors in Japan and abroad, and so forth, and making an explanation there.
2. In regards to dialogue with shareholders and investors (IR meetings), taking into consideration with whom they want to talk and what are their main topics they want to talk about in the meeting, the Company selects appropriate attendees at the meeting, including Outside Directors, while the Corporate Communication Department acts as the contact point.
3. As a means of dialogues other than individual meetings, a results briefing is held for analysts, institutional investors and the press after the announcement of results on a quarterly basis. In addition, opportunities for conversation with institutional investors are provided, including company information sessions utilizing conferences hosted by securities companies in Japan and abroad.
4. Information obtained through the dialogue is compiled by the Corporate Communication Department, the contact point for the dialogue, and reported to the management and relevant departments through Management Meetings such as the Board of Directors meetings.
5. Major activities
   

   Activity	Description
   General Meeting of Shareholders	Holding the Ordinary General Meeting of Shareholders once a year and an Extraordinary General Meeting of Shareholders as necessary
   Briefing on earnings announcement	Holding a briefing quarterly
   IR Day	Holding a briefing on the Company’s medium-term management plan, strategies by business segment, progress on the plan and strategies, etc.
   Individual meetings for institutional investors and analysts	Holding IR meetings with investors in Japan and abroad and analysts of securities companies
   Individual meetings for shareholders	Holding shareholders relations (SR) meetings with shareholders to build relationships with shareholders
   Conferences hosted by securities companies	Holding a series of individual meetings mainly with institutional investors abroad at conferences in Japan and abroad
   IR information disclosure	The Company’s bulletin for shareholders (ALPS ALPINE REPORT), Securities Report, integrated report, website (information for shareholders and investors), etc.

5. Management of Insider Information

In order to disclose information to all market participants in a fair and appropriate manner, the Company makes efforts to ensure that insider information is properly managed, including fair dialogues (IR meetings) with shareholders and investors, and strives to prevent internal and external leakage of information in accordance with the rules for restrictions on insider trading. In disclosing information, the Company observes the Financial Instruments and Exchange Act and other relevant laws and regulations as well as the rules that must be observed in performing the duties, and strives to prevent internal and external leakage of information.