Compensation Committee Composed of Outside Directors
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
6 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「Individual compensation for directors for the current fiscal year is determined by resolution of the Board of Directors after the draft proposal is referred to the Compensation Review Committee, which conducts a multifaceted review, including its consistency with this policy, and the committee’s recommendations are reflected.」
The company implemented during the current fiscal year the compensation determination process established in the previous fiscal year, involving consultation with the Compensation Review Committee comprising outside directors, reflection of its recommendations and a Board of Directors resolution. - FY2021First statedAnnual report
「From the 25th fiscal year onward, under this policy, the company will refer the draft proposal to the voluntary Compensation Review Committee, which consists of outside directors. The committee will conduct a multifaceted review of the proposal, including its consistency with this policy, and the matter will be decided by resolution of the Board of Directors after reflecting the committee’s recommendations.」
For directors’ compensation from the 25th fiscal year onward, the company newly established a process involving consultation with the voluntary Compensation Review Committee, which consists of outside directors, and determination by resolution of the Board of Directors.