Operation of Internal Rules for Executive Compensation and Limits Approved by Shareholders
First written in FY2021. 5 of 6 entries say "Advanced", first in FY2022. Latest entry: 2026-04-23.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「From January 2025, we will establish a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors to improve transparency and objectivity in the process of determining directors’ compensation.」
Regarding executive compensation, the company has established a Nomination and Compensation Committee that receives advice from outside directors, thereby specifically strengthening the compensation determination process. - FY2022AdvancedAnnual report
「Directors’ compensation for the fiscal year was determined at the Board of Directors meeting held on 22 April 2021, within the limits approved by the general meeting of shareholders. The Representative Director prepared a draft proposal after taking into account each director’s performance evaluation, the company’s operating results, the balance with employee compensation and executive compensation survey data from external organizations, and outside directors provided appropriate involvement and advice from a neutral standpoint.」
In addition to the previously disclosed policy of determination under the internal rules by the Representative Director and President, the company describes the actual operation during the fiscal year, including preparation of a draft proposal based on performance evaluations and other factors, the involvement of outside directors and determination by the Board of Directors. - FY2021First statedAnnual report
「With respect to the policy for determining basic executive compensation, the Representative Director and President determines the amount of basic executive compensation in accordance with our internal rules. With respect to executive retirement benefits, following approval at the annual general meeting of shareholders, the amount for directors is determined by the Board of Directors, while the amount for Audit & Supervisory Board Members is determined through consultation among the Audit & Supervisory Board Members, in accordance with our internal rules.」
The company specifically describes for the first time the procedures for determining basic executive compensation and retirement benefits under its internal rules, by the Representative Director and President, by the Board of Directors and through consultation among the Audit & Supervisory Board Members.