AGC Group proactively discloses corporate information in a timely and appropriate manner so as to ensure sufficient communication with our stakeholders. Through such continuing efforts, AGC Group aims to incorporate your opinions into our CSR activities and gain your understanding and support for our Group-wide activities.
AGC Group has established “Group Communication Guidelines” for the accurate communication of Group information to the world at large. Based on these guidelines we set up a cooperation system among public relations sections at Asahi Glass and its group companies in Asia including Japan, Europe, and North America, and established rules on disclosing and receiving information within and outside the Group. With prompt and appropriate information disclosure and sharing, we are striving to maximize our corporate value and further promote the integrated management of the Group.
The Group is establishing a system to ensure the timely disclosure of corporate information by appointing a person in charge of timely information disclosure from each of In-House Company/SBU and major group company to convey information to the Corporate Communications & Investor Relations Division. In addition, Timely Information Disclosure Committee meetings are held regularly to deliberate and decide whether each agenda addressed at Management Committee and Board of Directors meetings is subject to disclosure pursuant to the timely disclosure rules of the Tokyo Stock Exchange.
The Group also discloses negative information, such as instances of soil and groundwater contamination by Asahi Glass, appropriately on its website and via media releases. The Group carefully investigates the facts and promptly announces them with guidance from the government and experts.
Briefing session
AGC Group provides our shareholders and investors with a range of opportunities to enter a dialogue with the Group, wishing to help them deepen their understanding of our management strategies and business performance and incorporate their opinions into the management of the Group.
At the general meetings of shareholders, we use figures and images in reporting our business results to participants. Moreover, we implement measures to provide our shareholders with more convenient services, including sending notices of convocation as early as possible, posting the information on both Japanese and English websites, enabling shareholders to exercise their voting rights online, and posting notices of resolution on both Japanese and English websites.
Our IR activities include briefing sessions on our management strategies and quarterly and yearly financial results, small meetings for analysts and institutional investors, and factory tours. Regarding briefing sessions, we also provide audio data on both Japanese and English websites. In fiscal 2009, we participated in approximately 300 interviews with analysts and institutional investors. In addition, we created a DVD to introduce AGC Group to a wide range of investors including individual shareholders, and made it available via our website. Furthermore, we publish AGC Review twice a year, which gives an easy to understand explanation of our global business activities and products in addition to information about our management strategies and business performance.
In addition to the communication tools introduced on the first page of this report, we publish the following documents:

* The sums do not total 100% because calculations are made excluding the holders of shares less than one unit.
Based on a policy of maintaining stable dividends, AGC Group is doing its utmost to return profits to shareholders by aiming for a dividend payout ratio (consolidated) of approximately 30%, while giving comprehensive consideration to consolidated business results and future investment plans, among others. AGC Group will allocate retained earnings to R&D, capital investment, and loans and investments as well as merger and acquisition activities to improve its corporate value while strengthening its financial position.
