OREANDA-NEWS. Fuji Heavy Industries Ltd. (FHI), the manufacturer of Subaru automobiles, has been selected as the top company in the “automobile, auto parts and tires” category of the 2016 Awards for Excellence in Corporate Disclosure presented by the Securities Analysts Association of Japan (SAAJ). This is the third consecutive year that FHI has received this award.

The Excellence in Corporate Disclosure Awards have been presented by the SAAJ every year since 1995 with the goal of improving corporate information disclosure. This year marks the 22nd year that the award program has been held. Companies are evaluated by securities analysts of each sector on the basis of the following five criteria:
1) management’s stance on investor relations, the function of a corporation’s investor relations department, and basic stance of a corporation’s investor relations;
2) disclosures through briefings, interviews, and explanatory materials;
3) fairness in disclosure;
4) disclosure related to corporate governance;
5) voluntary disclosure that conforms to conditions of each industry.

FHI received high marks topping in four of the five criteria among the 18 companies in the “automobile, auto parts and tires” category that were evaluated.