Strengthening Governance through Outside Directors and Nomination and Compensation Committees
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
71 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Nomination and Compensation Committee deliberates on matters referred by the Board of Directors, including policies and criteria for the appointment and dismissal of directors, the director compensation structure, and policies for determining compensation, and submits recommendations to the Board of Directors. These activities are intended to strengthen the fairness, transparency and objectivity of procedures relating to nominations and compensation and enhance corporate governance.」
The company continues to strengthen the fairness and transparency of appointment, dismissal and compensation procedures through the Nomination and Compensation Committee, which includes outside directors. - FY2024First statedAnnual report
「In August 2023, the company also established a voluntary Nomination and Compensation Committee. The committee deliberates on matters referred by the Board of Directors, including policies and criteria for the appointment and dismissal of directors, the director compensation structure, and policies for determining compensation, and submits recommendations to the Board of Directors. Through these activities, the company is working to strengthen the fairness, transparency and objectivity of procedures relating to nominations and compensation, and further enhance governance.」
The company is strengthening its oversight and check-and-balance functions in preparation for listing by increasing the number of outside directors and outside corporate auditors, transitioning to a company with a Board of Corporate Auditors, and establishing a voluntary Nomination and Compensation Committee.