Enhancing the Independence and Objectivity of Board Functions through the Nomination and Compensation Committee
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
61 other companies' latest entry also says "Advanced".
- FY2025Updated the number of annual meetings held by the Nomination and Compensation Committee and its deliberationsAnnual report
「During the fiscal year, the Company held 3 meetings of the Nomination and Compensation Committee」
The Nomination and Compensation Committee met 3 times during the fiscal year to deliberate on executive compensation, restricted stock compensation, executive bonuses, and the nomination of directors and executive officers. - FY2023Disclosed the composition of the Nomination and Compensation Committee and its activities held twice a yearAnnual report
「The Nomination and Compensation Committee is an optional committee consisting of 5 independent outside officers and the Representative Director.」
The company stated that the Nomination and Compensation Committee consists of 5 independent outside officers and the Representative Director, met 2 times during the fiscal year, and deliberated on executive compensation, restricted stock-based compensation, executive bonuses and the nomination of executive officers. - FY2021First statedAnnual report
「For the purpose of strengthening the independence and objectivity of the Board of Directors’ functions and accountability concerning executive compensation, we established an optional Nomination and Compensation Committee, in which outside officers constitute a majority, effective 1 September 2021.」
Effective 1 September 2021, the company established an optional Nomination and Compensation Committee with a majority of outside officers and introduced a structure under which the committee provides advice and recommendations to the Board of Directors on nominations and compensation.