We believe that in order to be recognized as a corporate citizen, it is essential for companies to act consistently in a proper manner, which constitutes the foundation of sustainable business activity.
"Compliance" does not only include compliance with laws and regulations, but also aspects of corporate behavior such as commonly agreed practices and the observance of internal rules and regulations as a premise for companies to take appropriate action.
Moreover, we believe that a company’s "proper" efforts in relation to social responsibilities that are included within the "ESG" framework, such as global environmental and social issues, will lead to the enhancement of long-term corporate value.
We believe that in order for investee companies to enhance their corporate value and achieve sustainable growth, it is necessary for investees to create value by utilizing capital with the efficiency that exceeds capital cost over the medium to long term. We also believe that such value creation is necessary for companies to contribute to society.
We believe that the following requirements should be met for the corporate governance practices of a company to enhance capital efficiency, to achieve sustainable growth, and create corporate value:
We believe that companies need to uphold their accountability through timely and proper public disclosure in order for us to precisely grasp the state of investee companies. We also believe that investee companies should actively hold dialogue with each investor to appropriately reflect investors’ opinions to corporate management.