Reviewing executive appointments and compensation through the Nominations and Compensation Committee
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Nomination and Compensation Committee consists of 3 or more independent outside directors, who are appointed by resolution of the Board of Directors. The chair is elected by the members from among themselves. The committee performs both nomination committee and compensation committee functions. In response to consultations from the Board of Directors, it deliberates on matters including proposals for the election or re-election of directors, key personnel appointments, director compensation systems including share-based compensation, and individual compensation for directors, excluding directors who are Audit and Supervisory Committee members, and submits recommendations to the chair of the Board of Directors. In addition to regular meetings held twice a year, the committee meets whenever there is an agenda item.」
The Company has organized the Nomination and Compensation Committee as a body consisting of 3 or more independent outside directors, and described its twice-yearly regular meetings, meetings held for individual agenda items, and deliberations on director elections or re-elections, key personnel appointments, and individual compensation. - FY2022RestatedAnnual report
「The Nomination and Compensation Committee consists of 3 or more members who are independent outside directors, and its members are appointed by resolution of the Board of Directors. The chair is selected by resolution of the committee from among its independent outside director members.」
The Company continues to operate a Nomination and Compensation Committee composed with a majority of independent outside directors, with a specified method for selecting the chair and advisory functions regarding executive appointments and compensation. - FY2021AdvancedAnnual report
「The Nomination and Compensation Committee consists of 3 or more members, including the executive officer responsible for the Human Resources and Labor Affairs Department, with a majority being independent outside directors. The chair is selected by resolution of the committee from among its independent outside director members. Meetings are held whenever there is an agenda item, with a frequency of at least twice a year.」
The Company has specified the composition of the Nomination and Compensation Committee, its majority of independent outside directors, the method of selecting its chair, and a meeting frequency of at least twice a year. - FY2020First statedAnnual report
「The Nomination and Compensation Committee consists of 3 or more members, including the executive officer responsible for the Human Resources and Labor Affairs Department, with a majority being independent outside directors. The chair is elected by the committee members from among themselves. The committee performs both nomination committee and compensation committee functions. In response to consultations from the Board of Directors, it deliberates on matters including proposals for the election or re-election of directors, key personnel appointments, director compensation systems including share-based compensation, and proposals for director compensation for each period, and submits recommendations to the Board of Directors.」
The Company has for the first time provided specific details on the composition of the Nomination and Compensation Committee, which consists of 3 or more members with a majority of independent outside directors, and its advisory and recommendation functions regarding executive appointments and compensation. The committee is expected to meet approximately twice a year.