To Our Shareholders and Investors
I would like to express my sincere appreciation to all shareholders and investors for their continued support.
I am both honored and humbled to be taking on the role of president of Hirata Corporation, and I would like to take a moment to share a few words with you.
I would like to take this opportunity to extend my condolences to all those who have been affected by the Tohoku earthquake and tsunami that occurred on March 11. My heart breaks from the images that I see broadcast every day on television, and I truly hope that the region is able to recover from this terrible tragedy as soon as possible. To our customers and suppliers who have been affected by this terrible event, we will continue our reconstruction assistance to the best of our ability.
The 2011 fiscal year marks Hirata’s sixty-fifth year in business as well as the sixtieth anniversary of our incorporation, and although it will be during this crucial final year that the company will formulate its next medium-term business plan, there is a tangible level of tension in assuming the duties of company president in these uncertain times of global economic recovery, the inherent effects on the Japanese economy, and the ongoing influence of the great Tohoku earthquake.
Our experience implementing automated systems to meet the needs of our worldwide customers, regardless of the commodity, has been one of our great strengths, and we have further strengthened our corporate structure through the process of listing on the stock exchange. From now, working in cooperation with our overseas subsidiaries as an earnest and truly global company, we will do our utmost to grow the Hirata Group into a stable and productive enterprise.
I would like to gather wisdom and ideas from as many employees as possible, to promote a range of new initiatives, including strengthening relations with overseas suppliers for cost-competitive overseas procurement of materials, and promoting operational efficiency. Leveraging the combined power of the group will allow us to develop our existing mainstay businesses at the same time as we expand into environmental fields such as organic EL, solar cells and electric vehicles; areas in which steady growth in global demand is predicted. As a Japanese company with real "Monozukuri", we want to provide the best production equipment to customers worldwide.
I am pleased to report that business is recovering and that we have been able to forecast an increased dividend of 15 yen per share over the last fiscal year.
Moving forward, we aim to improve our long-term corporate value by responding sincerely to the opinions of shareholders and investors and continuing to provide necessary information for making investment decisions in a timely and appropriate fashion. I look forward to the continued support of our stakeholders.
April 2011
Disclosure Policy
1. Disclosure Standard
At Hirata Corporation, in conformity with the laws related to the Financial Instruments and Exchange Act and the Rules on Timely Disclosure of Corporate Information set forth by the JASDAQ Securities Exchange (hereinafter referred to as "Rules on Timely Disclosure"), discloses not only material information in a timely but also other material corporate information positively in order to maintain a sound investment environment.
2. Disclosure Method
Any information that falls under the Rules on Timely Disclosure is disclosed with TD net provided by the JASDAQ Securities Exchange, and also such information is placed on the Company's website as soon as possible. Furthermore, Hirata will make every effort to accurately and fairy disclose to shareholders and investors information that is not covered by the Rules on Timely Disclosure.
3. Quiet Period
In order to prevent leakage of earnings information and maintain impartiality, Hirata fixed a "Quiet Period" for one month before earnings results are announced. During this period, Hirata refrains from answering questions or making comments regarding earnings. However, if it becomes likely that results will vary greatly from forecasts during Quiet Period, appropriate announcement will be made in accordance with disclosure regulations.
4. Disclaimer
IR information placed on this website is not built for the purpose of soliciting to buy or sell shares of the Company. Also, information geared toward stockholders and investors is intend for the purpose of offering our finance and management, however, the Company offers no grantees regarding the contents. Decisions relating to investment including decisions on whether to buy or sell shares in the Company should be made by investors' own judgments after careful examination of the Financial Statements and other financial documents of the Company. Hirata assumes no responsibility whatsoever for any damages or losses resulting from inaccuracies in the information on this website.
