In order to further enhance NAM's stewardship activities, we established the Engagement Department in November 2021 and revised the Proxy Voting Standards for Japanese Companies.(Click for further details.)
Through these initiatives, we will continue to deepen our understanding of our portfolio companies, while realizing a unified approach to engagement, proxy voting, and investment, to ultimately realize a virtuous cycle of investment.
Engagement Process
At NAM, we believe engagement is our most effective method of fulfilling our stewardship duties. Through the engagement process illustrated below, we are able to support corporate value improvement and sustainable growth, while encouraging Japanese companies to realize corporate value in line with their true potential.
For more information on engagement process, please click here.
Engagement policy and priority topics
We organize the issues of Japanese companies into six categories. In accordance with this, the Responsible Investment Committee determines the priority engagement topics each year in July.
- From quantitative growth/diversification of business lines to enhancement of capital efficiency
- Enhancement of diversity
- Strengthening of management's oversight function
- Consideration of stakeholders
- Internal transformation
- Timely response to changes in external environment
Engagement (Dialogue with Portfolio Companies)
A deep understanding of investee companies and their business environment is the starting point of constructive dialogue. Through these activities, NAM seeks to improve both the social value and economic value of the companies within our portfolios.
