Strengthening Governance Through Nomination and Compensation Advisory Committees
First written in FY2020. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: 2026-07-13.
74 other companies' latest entry also says "Restated".
- 2026-07-13RestatedGovernance
「 Advice Nomination Advisory Committee Recommendations Compensation Advisory Committee」
Reaffirmed the structure under which the Nomination Advisory Committee and Compensation Advisory Committee provide advice and recommendations to the Board of Directors. - FY2026AdvancedAnnual report
「The Nominating Advisory Committee selects executive candidates with a view to developing the next generation of management and submits them to the Board of Directors.」
The role of the Nominating Advisory Committee was defined more specifically to include selecting candidates with a view to developing the next generation of management, in addition to selecting director candidates. - 2026-04-30AdvancedGovernance
「To strengthen the fairness and transparency of procedures relating to executive compensation, we have established a Compensation Advisory Committee as an advisory body to the Board of Directors, with a majority of its members being independent outside directors. The introduction of this plan was deliberated by the Compensation Advisory Committee.」
The performance-linked compensation structure reviewed by the Compensation Advisory Committee took concrete form as the introduction of a director stock compensation plan using a BIP Trust. The canonical thread itself remains unchanged. - FY2024RestatedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors, we have established the Nominating Advisory Committee and the Compensation Advisory Committee as optional advisory bodies.」
The filing reaffirmed the system for ensuring transparency and appropriateness in the selection of executive candidates and determination of compensation through the Nominating Advisory Committee and the Compensation Advisory Committee. - FY2022RestatedAnnual report
「In the current consolidated fiscal year, consolidated ordinary profit was ¥16,864 million against full-year forecast ordinary profit of ¥18,000 million, representing a budget achievement rate of 93.7%, and no performance-linked compensation was paid to the company's directors.」
The filing reaffirmed the system under which performance-linked compensation is determined based on consolidated ordinary profit and the recommendation of the Compensation Advisory Committee. As the budget achievement rate was 93.7% for the current period, no performance-linked compensation was paid. - FY2021AdvancedAnnual report
「In the current consolidated fiscal year, consolidated ordinary profit was ¥16,540 million against full-year forecast ordinary profit of ¥15,000 million, representing a budget achievement rate of 110.3%, and performance-linked compensation totaling ¥396 million was paid to the company's directors.」
The operation of performance-linked compensation through the Compensation Advisory Committee was formalized, and a total of ¥396 million was paid to directors based on consolidated ordinary profit. - FY2020First statedAnnual report
「We have established the Nominating Advisory Committee as an optional advisory body to the Board of Directors, with the aim of ensuring the appropriateness and transparency of the process for selecting candidates for director appointment proposals submitted to the General Meeting of Shareholders. We have also established the Compensation Advisory Committee as an optional advisory body to the Board of Directors, with the aim of ensuring the transparency and appropriateness of compensation for directors.」
The filing first documented the establishment of the Nominating Advisory Committee and the Compensation Advisory Committee as optional advisory bodies to ensure the transparency and appropriateness of selecting director candidates and determining executive compensation.