OSAKA, Japan, November 9, 2020 - Shionogi & Co., Ltd. (Head Office: Osaka, Japan; President and CEO: Isao Teshirogi, Ph.D.; hereafter "Shionogi") announced that Shionogi received 2020 Award for Excellence in Corporate Disclosure from the Securities Analysts Association of Japan (SAAJ). Shionogi ranked first in the pharmaceuticals sector. This is the four consecutive year that Shionogi has received this award.
The main points that we were highly evaluated for this award are as follows.
Managements’ proactive involvement in IR that emphasizes dialogue with the market and utilizes the knowledge and opinions gained in management
Publication of the medium-term Business plan and long-term vision, and full explanation of subsequent progress and concrete measures for achievement
Active integrated disclosure attitude combining financial and non-financial information in order to improve our corporate value over the medium to long term
Ex: R&D Meeting etc.
Upon receiving the award, Isao Teshirogi, President and CEO of Shionogi, stated as follows.
"We are sincerely honored to have received a very prestigious award for the fourth consecutive year. Despite the fact that our business performance in the fiscal year ending March 2020 was challenging, we were selected for this award again because we have honestly continued our "basic stance on IR." "Our basic stance on IR" is to disclose the current issues and measures for solving them to the outside in detail, to actively engage in dialogue with stakeholders, and to take the voice of the stock market seriously without a one-sided explanation, and utilize it in management. We take this award as an ale from our stakeholders in the stock market to our company. Based on our basic stance on IR, we will strive to meet their needs through constructive dialogue so that we can meet the expectations of our stakeholders in the stock market.
Shionogi aims to continuously keep having balanced dialogues with our all stakeholders such as our shareholders/investors, our customers, our surrounding society and our employees with a view to combining our sustainable growth with our society’s sustainable growth. We continuously strive to improve our high-level disclosure even more in order to deepen dialogues that lead to make our corporate value higher.
Excellence in Corporate Disclosure
This award aims to promote the quality and fairness of corporate disclosure from the view point of securities analysts, which was established by SAAJ in 1995. For more information, please visit the website at http://www.saa.or.jp/english/research/disclosure.html.
On this web, you can also see a video message for about 3 minutes by Isao Teshiroki, President and CEO of Shionogi.