Enhancing Fairness and Transparency in Procedures through the Nomination and Compensation Committee
First written in FY2020. 4 of 8 entries say "Restated". Latest entry: 2026-06-25.
74 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Performance-linked compensation is calculated by multiplying the position-specific base amount by a coefficient derived from the achievement rate for the applicable year's revenue and operating profit targets under the medium-term management plan, using a predetermined performance-linked coefficient table. Performance-linked compensation is determined according to the level of performance achieved in the previous fiscal year and paid as monthly compensation.」
The company continues to use achievement rates for the medium-term management plan's revenue and operating profit targets in its performance-linked compensation scheme. - FY2024RestatedAnnual report
「Performance-linked compensation is calculated by multiplying the position-specific base amount by a coefficient derived from the achievement rate for the applicable year's revenue and operating profit targets under the medium-term management plan, using a predetermined performance-linked coefficient table. Performance-linked compensation is determined according to the level of performance achieved in the previous fiscal year and paid as monthly compensation.」
The compensation system reviewed by the Nomination and Compensation Committee continues to use the achievement rates for the revenue and operating profit targets under the medium-term management plan to determine performance-linked compensation. - FY2023ReframedAnnual report
「The policy was amended at a Board of Directors meeting held on 18 May 2023, changing the performance indicator used to calculate performance-linked compensation from the target amount of ordinary profit to the target amount of operating profit.」
Under the performance-linked compensation framework reviewed by the Nomination and Compensation Committee, the calculation indicator has been changed from the target amount of ordinary profit to the target amount of operating profit. - FY2022RestatedAnnual report
「The Company has established a Nomination and Compensation Committee as an advisory body to the Board of Directors, with independent outside directors comprising a majority of its members, to strengthen the fairness, transparency and objectivity of procedures concerning the nomination and compensation of directors and executive officers.」
The Company continues to strengthen the fairness, transparency and objectivity of procedures for nominating and determining the compensation of officers through a Nomination and Compensation Committee whose members are a majority independent outside directors. - FY2021AdvancedAnnual report
「To establish a compensation structure that functions fully as an incentive for the sustainable enhancement of corporate value, is linked to shareholder interests and takes into account the medium-term management plan, the Company referred the policy for determining the details of individual compensation and other remuneration for directors to the Nomination and Compensation Committee, and resolved the following at a Board of Directors meeting held on 26 February 2021.」
In addition to strengthening fairness, transparency and objectivity through the Nomination and Compensation Committee, the Company formally resolved in February 2021 its policy for determining director compensation linked to the medium-term management plan and business performance. - FY2020First statedAnnual report
「The Company has established a Nomination and Compensation Committee as an advisory body to the Board of Directors, with independent outside directors accounting for at least half of its members, to strengthen the fairness, transparency and objectivity of procedures concerning the nomination and compensation of directors, audit & supervisory board members and executive officers.」
The Company has established a Nomination and Compensation Committee, including independent outside directors, as an advisory body to the Board of Directors and has presented a framework for improving the fairness, transparency and objectivity of procedures for nominating and determining the compensation of officers.