Greater transparency in director nominations and compensation decisions through the Nominating and Compensation Committee
First written in FY2017-Q3. 8 of 19 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-06-25.
73 other companies' latest entry also says "Restated".
- FY2025AdvancedAnnual report
「The Governance, Nomination and Compensation Committee met 13 times in total during the most recent fiscal year. In addition to deliberating on revisions to the executive compensation system, it considered the appropriateness of the proposed compensation amounts presented by the company for each individual, taking into account each individual's performance of their responsibilities.」
The Governance, Nomination and Compensation Committee met 13 times during the year and deliberated on revisions to the compensation system, individual compensation amounts, and matters relating to the appointment and dismissal of directors. - FY2024AdvancedAnnual report
「The Governance, Nomination and Compensation Committee met 12 times in total during the most recent fiscal year. In addition to deliberating on revisions to the executive compensation system, it considered the appropriateness of the proposed compensation amounts presented by the company for each individual, taking into account each individual's performance of their responsibilities.」
The company disclosed that the reorganized Governance, Nomination and Compensation Committee met 12 times during the year and deliberated on revisions to the compensation system and individual compensation amounts. - FY2023ReframedAnnual report
「In addition, the company established the Governance, Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors. Independent outside directors constitute a majority of the committee, and its chair is an independent outside director. The committee deliberates on the appointment, reappointment and dismissal of directors and executive officers of the company, as well as the appointment, reappointment and dismissal of representative directors and audit & supervisory board members of affiliated companies; makes recommendations to the Board of Directors; analyzes and evaluates the effectiveness of the Board of Directors; and reviews the policies and progress of the succession plan for the Representative Director and President, prepared by the Representative Director and President.」
The former nomination and compensation committee was reorganized as the Governance, Nomination and Compensation Committee, with evaluation of the Board of Directors' effectiveness and review of the president's succession plan added to its functions. As of the date of submission, 4 of its 5 members are independent outside directors. - FY2022AdvancedAnnual report
「As of the date of submission of this report, the nomination and compensation committee consists of 8 members, 6 of whom are independent outside directors.」
The description of the nomination and compensation committee was updated to reflect a structure of 8 members, including 6 independent outside directors. The committee met 9 times during the most recent fiscal year to deliberate on matters including the calculation method for performance-linked compensation. - FY2021AdvancedAnnual report
「To enhance objectivity and transparency, the committee is composed of 5 outside directors, constituting a majority of its members.」
The number of outside directors on the nomination and compensation committee changed from 4 to 5, expanding their involvement in the nomination of officers and compensation decisions. - FY2021-Q3RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 4 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries. It also determines the policy for formulating and reviews the progress of the "CEO succession development plan" prepared by the CEO (Chief Executive Officer).」
The company continues to operate a system under which the nomination and compensation committee, with 4 outside directors constituting a majority, handles the nomination and compensation decisions for officers and reviews the CEO succession development plan. - FY2021-Q1Addition of a function to review the CEO succession planAnnual report
「Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries. It also determines the policy for formulating and reviews the progress of the "CEO succession development plan" prepared by the CEO (Chief Executive Officer).」
The company explicitly states that the Nominating and Compensation Committee's role includes determining the policy for formulating and reviewing progress on the CEO succession development plan. - FY2020AdvancedAnnual report
「The Nominating and Compensation Committee met 10 times during the most recent fiscal year. In addition to deliberating on the method for calculating performance-linked compensation, it considered the appropriateness of the proposed compensation amounts for each individual, taking into account each person's performance of their functions.」
The company disclosed that the Nominating and Compensation Committee met 10 times during the fiscal year and deliberated on the method for calculating performance-linked compensation and individual compensation amounts. - FY2020-Q3RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 4 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company continues to operate a framework for director and officer nominations and compensation decisions through the Nominating and Compensation Committee, in which 4 outside directors constitute a majority. - FY2020-Q1AdvancedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 4 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company describes the change in the composition of the Nominating and Compensation Committee, with the majority of outside directors increasing from the previous 3 to 4. The framework for nominating officer candidates and determining compensation continues. - FY2019-Q3RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company continues to operate a framework for director and officer nominations and compensation decisions through the Nominating and Compensation Committee, in which 3 outside directors constitute a majority. - FY2019-Q1RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company continues to operate a framework for director and officer nominations and compensation decisions through the Nominating and Compensation Committee, in which 3 outside directors constitute a majority. - FY2018RestatedAnnual report
「The company has established a Nominating and Compensation Committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company continues to operate a framework for director and officer nominations and compensation decisions through the Nominating and Compensation Committee, which includes 3 outside directors. - FY2018-Q3RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries. The company has also changed its director compensation system to align its understanding with that of shareholders.」
The company continues to describe the operation and changes to the Nominating and Compensation Committee, in which 3 outside directors constitute a majority, and the director compensation system. - FY2018-Q2RestatedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries. The company has also changed its director compensation system to align its understanding with that of shareholders.」
The company continues to describe the operation and changes to the Nominating and Compensation Committee, in which 3 outside directors constitute a majority, and the director compensation system. - FY2018-Q1AdvancedAnnual report
「The company has also established the Nominating and Compensation Committee as a voluntary committee. To enhance objectivity and transparency, 3 outside directors constitute a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries. The company has also changed its director compensation system to align its understanding with that of shareholders.」
The company states that it operates a Nominating and Compensation Committee in which 3 outside directors constitute a majority, and that it has changed its director compensation system. - FY2017-Q3First statedAnnual report
「The company has established a Nominating and Compensation Committee. To enhance objectivity and transparency, the committee comprises 3 outside directors, constituting a majority of its members. Following deliberations by the committee and resolutions of the Board of Directors, the company nominates candidates for directors and Audit & Supervisory Board members, determines director compensation and other matters, and nominates candidates for officers and others of subsidiaries.」
The company describes a framework for enhancing objectivity and transparency in the nomination of officer candidates and determination of director compensation through deliberations by the Nominating and Compensation Committee, in which 3 outside directors constitute a majority.