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Disclosure and Communication |

The JAL Group actively communicates with individual shareholders and institutional investors, providing them with information on our operations in a speedy and impartial fashion. The group will continue such activities, thereby putting shareholders and investors in a position where they fully understand JAL and are able to make responsible investment decisions.
JAL takes comments and proposals from shareholders and investors seriously and makes efforts to see that these ideas are reflected in management decisions. The company provides timely disclosure of information for the benefit of all shareholders and investors, including the prompt posting of updated information on the JAL website.
Along with reports of financial results, JAL also issues Community JAL business reports mainly for individual shareholders (two editions a year are sent in print form to all shareholders, and two are available on our website). Once a year, JAL also issues an annual report in English and Japanese to all our shareholders and investors. The English edition is in print form and the Japanese edition is posted on our website. |
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Regular Briefing Sessions |
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The JAL Group hosts briefing sessions for domestic institutional investors and analysts to coincide with quarterly results and the announcement of the medium-term business plan, which is usually updated annually. Recent financial results and future business plans are explained at these meetings by our management. For those unable to attend, materials used in the briefings and videos of presentations are made available on our website. Also, we periodically visit our main overseas institutional investors to explain the current business situation, medium-term business plans and other announcements.
Finally, since we value the two-way communication with our shareholders and investors achieved through direct dialogue, we also hold official briefings for individual shareholders.
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Benefit Program |
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| So that shareholders can better understand and support the JAL Group, we operate the Shareholders Benefit Program and invite them to use group products and services at a discount. |
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Shareholders Desk |
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For matters relating to the Shareholders Benefit Program and stocks, the group operates an inquiry counter known as the Shareholders Desk, which handles telephone calls, letters and e-mails from our shareholders. |
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General Meeting |
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Since our June 2006 shareholders meeting, we have made it easier for our shareholders and investors to vote by giving them access to our online Institutional Investor Voting Platform.
We have also worked to provide the increasing number of individual shareholders with easy-to-understand explanations of the JAL Group’s operations. For example, at our regular general meeting of shareholders, our business report was in the form of a video presentation. We will continue to take suggestions and inquiries from our shareholders seriously and do our best to provide appropriate responses. |
Shareholder Events in Fiscal 2006 |
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As part of the Shareholders Benefit Program, JAL holds a variety of events so that our shareholders become better acquainted with the JAL Group and our business. In August and October 2006, JAL was pleased to show shareholders around our maintenance facility at Haneda Airport. With the cooperation of Kansai International Airport and Central Japan International Airport (known as Centrair), we also hosted a lecture presentation titled “Sky Tales.” At Kansai International Airport, attendees had an opportunity to see the site of the new second runway, which opened in August 2007. At Centrair, investors got a close-up view of aircraft taking off and landing from the Centrair Sky Deck against the backdrop of Ise Bay. |
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Showing shareholders around our maintenance facility at Haneda Airport |
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One of our pilots giving a
“Sky Tales” presentation
at Centrair |
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Socially Responsible Investment Index
The CSR activities of the JAL Group have been acknowledged and in March 2007 were included in Japan’s Morningstar Socially Responsible Investment Index (MS-SRI) and the FTSE4Good Index Series. |
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