Approach to stakeholders

　Stakeholder engagement is essential to ensure the long-term growth and sustainability of a company. Through two-way communication with stakeholders, we improve the quality of our products and services and thus ensure the value and credibility of the company. We also aim to create innovation and new business opportunities through cooperation with stakeholders.

Stakeholders
【Shareholders】
　This is an important process to strengthen communication with shareholders and promote
　mutual understanding.
　　・General Meeting of Shareholders (once per year),
　　・business reports (twice per year)

【Institutional investors and analysts】
　We support investment decision-making by building trusting relations and forming strategic
　partnerships through information sharing.
　　・Business results briefings (twice a year)
　　・IR coverage (as needed)
　　・issuance of Integrated Report (once a year)

【Media】
　Through open communication and cooperation, we provide accurate information, promote
　mutual understanding, and create a credible media environment.
　　・Cooperation for interviews (as needed),
　　・press releases (as needed)

【Government agencies / Municipalities】
　Through cooperation and dialogue, we contribute to policy-making and the resolution of
　social issues, thereby contributing to the public interest and sustainable development.
　　・Liaison meetings (as needed)
　　・conference meetings (as needed)

【Academia】
　Through research collaboration, knowledge sharing, and student support, we promote
　academic achievements and practical applications, and strengthen collaboration with
　academia.
　　・Public bidding invitation for industry-academia research (as needed)
　　・sponsored and joint research (as needed)

【Prospective recruits】
　We provide an attractive brand image and deepen mutual understanding through open
　communication to ensure a successful recruitment process.
　　・New graduate hires (annual)
　　・mid-career hires (as needed)
　　・job matching(annual)
　　・company information sessions (annual)

【Suppliers】
　We build effective supply chains by building trusting relations and forming cooperative
　partnerships to improve quality, efficiency, and sustainability.
　　CSR procurement questionnaire (annual)

【Business partners】
　Through proactive communication and value provision, we aim to strengthen relationships
　with customers, improve customer satisfaction, and create business opportunities.
　　・Exchanges of opinions with agents (as needed)
　　・new product briefings (as needed)
　　・product study sessions (as needed)

【Industry associations】
　We promote industry-wide development and strengthen competitiveness through
　information sharing, policy recommendations, and collaboration toward common
　industry goals.　
　　・Various committees (as needed)
　　・various task forces (as needed)

【Local community】
　We promote shared prosperity and sustainable development and contribute to local 　
　communities by understanding local needs and cooperating together to find solutions.
　　・Dialogue meetings and briefings (annual)
　　・plant tours (as needed)

【NPOs/NGOs】
　Through partnership and cooperation, we promote contributions to social issues and the
　creation of shared value to support regional and social development.
　　・Event sponsorship (as needed)

【Employees】
　We provide opportunities for growth, enhance employee motivation and job satisfaction,
　and improve productivity and organizational performance.
　　・Labor-Management Conference (as needed)
　　・self-report system (annual)
　　・internal recruiting system (as needed)

Information disclosure

　In today’s age of ceaseless globalization and advancement in information technology, disclosure of corporate information has become indispensable in order for an entity to fulfill its responsibility to society. Disclosure of corporate information is also becoming increasingly important for the NOF Group, as we strive to win the trust of society as an “open group” both inside and outside the Group. The NOF Group engages in timely disclosure of its corporate information including management information and business activities to its shareholders and the capital markets in accordance with relevant laws and regulations such as the Companies Act and the Financial Instruments and Exchange Act.

Notice of General Meeting of Shareholders
　NOF sends its Notice of Annual General Meeting of Shareholders around 21 days in advance to the meeting. In addition, we strive to provide information promptly by disclosing both Japanese and English versions as digital information around 28 days in advance of the day of the meeting.

Issuance of the Integrated Report and Sustainability Report
　The Environmental Reports (Report on Responsible Care Activities) that had been published since fiscal 1995 have been published as the CSR Report since fiscal 2015 to report CSR activities of the NOF Group. Since fiscal 2020, we have issued the ESG Data Book to complement our Integrated Report and information. From fiscal 2023, the ESG Data Book has been renamed as the Sustainability Report and we are enhancing the information.

Business results briefings
　The NOF Group conducts IR activities geared toward shareholders and investors that focus on the reliability and fairness of its investment information. NOF makes efforts to provide timely, appropriate, and fair disclosures by holding business results briefings for institutional investors twice a year and posting the briefings materials on the Company’s website for general investors. Additionally, in fiscal 2023, the NOF Group held 239 meetings for institutional investors and analysts.

Information dissemination
　The NOF Group proactively releases information on its new products and technology. In fiscal 2023, in addition to our 57 news releases, we responded actively to mass media coverage, which resulted in 76 mentions of the NOF Group businesses in the newspapers. We also present NOF Group products at various exhibitions and trade shows.

Fair disclosure
　Fair disclosure rules legally mandating fair disclosure of information by listed companies were introduced following the enforcement of the Amended Financial Instruments and Exchange Act on April 1, 2018. NOF discloses information in a timely and appropriate manner in accordance with various laws and regulations, including the Financial Instruments and Exchange Act and the Rules on Timely Disclosure set by the Tokyo Stock Exchange. In addition, among information that does not fall under the scope of the Rules on Timely Disclosure, we conduct fair and impartial disclosure of information which we consider to have significant impact on the investment decisions of shareholders and investors, and we have made the “Disclosure Policy” available on our website.

Web accessibility
　NOF aims to provide a website that is easy for anyone to use, with consideration aimed at being user-friendly for a variety of customers including the elderly and people with disabilities. We will continue our efforts to ensure and improve accessibility and provide a website that our customers can use with peace of mind.

「Naruhodo NOF!」
　“Naruhodo NOF!” on the Company website introduces the businesses of the NOF Group. We use easily understood, user-friendly terms to explain our business, in an effort to further the understanding of the general public toward our undertakings.