Ensuring Objectivity and Transparency through the Nomination and Compensation Review Committee
First written in FY2017. 4 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「At the 14th Annual General Meeting of Shareholders held on 26 June 2025, the Company decided to submit a proposal for the introduction of a new performance-linked, post-delivery restricted stock compensation plan using a trust (the “RS Trust Plan”).」
The matters deliberated by the Nomination and Compensation Committee have progressed from the operation of the existing compensation plan to the introduction of a performance-linked RS plan using a trust. - FY2024AdvancedAnnual report
「The committee met 4 times during the fiscal year. Its main activity was the preliminary deliberation of matters concerning officer appointments and compensation to be submitted to the Board of Directors. The specific matter considered by the committee during the fiscal year was as follows: matters concerning the introduction of a performance-linked, post-delivery restricted stock compensation plan.」
The Nomination and Compensation Committee met 4 times during the fiscal year and deliberated on officer compensation matters, including the introduction of a performance-linked, post-delivery restricted stock compensation plan. - FY2023AdvancedAnnual report
「In June 2022, the Company reviewed the committee's composition and has since required independent outside directors to constitute a majority of all committee members. In response to the change in the officer structure accompanying the transition to a holding company structure following the management integration with Itochu Sugar Co., Ltd., the Company reorganized the committee on 1 January 2023.」
The policy for the Nomination and Compensation Committee is to have independent outside directors constitute a majority, and the committee was reorganized following the management integration. It met 6 times during the fiscal year. - FY2022RestatedAnnual report
「The committee met 3 times during the fiscal year, and its main matters for deliberation and consideration were as follows: matters concerning a change of 1 outside director candidate; matters concerning the application of the restricted stock compensation plan; and matters concerning executive officer candidates, their assigned duties and revisions to total compensation.」
The Nomination and Compensation Review Committee met 3 times during the fiscal year and deliberated on outside director candidates, restricted stock compensation and executive officer candidates, among other matters. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 February 2021, the Company approved a policy for determining the details of individual director compensation and other benefits. Before the resolution, the proposed contents were referred to the voluntary Nomination and Compensation Review Committee, comprising independent outside directors and representative directors, and the Board received its recommendation.」
Following consultation with and a recommendation from the Nomination and Compensation Review Committee, the Board of Directors approved the policy for determining individual director compensation on 25 February 2021. - FY2020ReframedAnnual report
「To ensure objectivity and transparency in selecting director candidates and determining director compensation, the Company has established the Nomination and Compensation Review Committee, comprising independent outside directors and representative directors. The committee deliberates on draft recommendations concerning the nomination and compensation of directors and others to be submitted to the Board of Directors.」
The committee is described as comprising independent outside directors and representative directors and as a deliberative body for selecting director candidates and determining compensation. - FY2018RestatedAnnual report
「To ensure objectivity and transparency in selecting director candidates and determining director compensation, the Company has established the Nomination and Compensation Review Committee, comprising independent outside directors, representative directors and the director responsible for personnel. The committee deliberates on draft recommendations concerning the nomination and compensation of directors and others to be submitted to the Board of Directors.」
The Nomination and Compensation Review Committee continues to ensure objectivity and transparency in selecting director candidates and determining compensation. - FY2017First statedAnnual report
「The Company has established the Nomination and Compensation Review Committee as an advisory body to the Board of Directors, comprising independent outside directors, representative directors and the director responsible for personnel. By deliberating on the nomination and compensation of directors and other matters, the committee ensures objectivity and transparency and further strengthens the corporate governance framework.」
This is the first confirmation of the Nomination and Compensation Review Committee, comprising independent outside directors and others, as a mechanism for ensuring objectivity and transparency in the nomination and compensation of directors and others.