Relationship with Shareholders and Investors
We consider that our mission is to maintain sustainable growth to increase corporate value and contribute to society. Moreover, it is essential to gain the understanding of our shareholders and develop mutual trust.
We are endeavoring to make active communications by disclosing information in a timely and appropriate manner.
Timely and Appropriate Disclosure of Business and Financial Information
Basic Policy for Distribution of Profits
Economic Relationships with Major Stakeholders
The value of economic relationships with major stakeholders was calculated as described below. For details, please refer to earnings reports and financial statements.
The Shareholder Special Benefit Plan
We have established a shareholder special benefit plan in appreciation for the support of existing shareholders and with the aim of enhancing the advantage of investing in our shares and increasing long-term shareholders. The plan offers benefits in two ways, i.e., depending on the number of shares held and on the length of period of holding shares. Complimentary tickets are provided twice a year to shareholders as of the end of March and the end of September.
The future course of the global economy remains unpredictable in fiscal 2018, due to concerns over an upward trend in long-term interests in the US and escalating trade conflicts with other countries, as well as over economic trends in China and emerging countries, although geopolitical risks originating in North Korea seem to be somewhat easing.
However, in Japan, it is expected that corporate earnings and the economy as a whole will improve continuously backed by steady demand.
Home Appliance Distribution Market
The home appliance distribution market, to which the Yamada Denki Group belongs, is expected to maintain the sales level or achieve a slight sales increase from the previous year thanks to steady replacement purchases.
Yamada Denki's Efforts
Under such market environment, the Yamada Denki Group set up the management slogan, "Challenge towards a New Stage," and will continue positive efforts for the nine segmented businesses, namely, housing equipment business, financial services business, support services business, environmental business, online sales & shopping mall business, mobile business, home appliance sales business, home appliance business by affiliates and subsidiaries and corporate sales business. Furthermore, we will continuously lay weight on the total housing services centered on home appliances and will develop and expand "Kaden Sumairu Kan", a new type of stores with a cafeteria and financial and real estate service counters, in which staff members offer comprehensive proposals on houses, home renovation, housing equipment, interior goods and furniture, etc., which are closely connected with home appliances. We plan to renovate 100 existing stores into this new type of stores in a year.