Determining Executive Compensation Through a Compensation Review Meeting Majority-Controlled by Outside Directors
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Individual compensation for directors, excluding directors who are Audit and Supervisory Committee members, is deliberated by a compensation review meeting in which independent outside directors constitute a majority, based on position, responsibilities, performance, accumulated retained earnings, the medium-term outlook and evaluation results reflecting contributions to the Company. The Board of Directors determines compensation based on the meeting’s recommendations, ensuring objectivity, transparency and fairness.」
The company continues its remuneration governance framework involving a remuneration review committee composed primarily of independent outside directors and decisions by the Board of Directors. - FY2022RestatedAnnual report
「Individual compensation for directors, excluding directors who are Audit and Supervisory Committee members, is deliberated by a compensation review meeting in which independent outside directors constitute a majority, based on position, responsibilities, performance, accumulated retained earnings, the medium-term outlook and evaluation results reflecting contributions to the Company. The Board of Directors determines compensation based on the meeting’s recommendations, ensuring objectivity, transparency and fairness.」
The company continues its framework for determining remuneration through a remuneration review committee composed primarily of independent outside directors. - FY2021First statedAnnual report
「Individual compensation for directors, excluding directors who are Audit and Supervisory Committee members, is deliberated by a compensation review meeting in which independent outside directors constitute a majority, based on position, responsibilities, performance, accumulated retained earnings, the medium-term outlook and evaluation results reflecting contributions to the Company. The Board of Directors determines compensation based on the meeting’s recommendations, ensuring objectivity, transparency and fairness.」
The Company established a compensation review meeting with a majority of independent outside directors and uses its recommendations to ensure objectivity, transparency and fairness in executive compensation.