Review of Director Compensation by the Compensation Committee
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2022: 14 of 95 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「The policy for determining the details of individual director compensation was approved at a meeting of the Board of Directors held on 5 March 2021.」
The Board of Directors formally approved the policy for determining individual director compensation, specifying the composition of fixed compensation and non-monetary compensation such as stock options, as well as discussions by the Compensation Committee. - FY2020RestatedAnnual report
「During the fiscal year, the committee's main activity was to hold 1 meeting to discuss the appropriateness of current director compensation levels and increases or decreases in director compensation.」
The practice of holding the Compensation Committee once a year to deliberate director compensation levels and increases or decreases was reaffirmed. - FY2019First statedAnnual report
「Director compensation is determined by the Compensation Committee, which comprises Executive Vice President Kenji Kawamura (川村 憲司), Senior Managing Director Kensuke Atsumi (渥美 謙介) and Outside Director Yasunori Matsumoto (松本 保範), within the total compensation approved by the General Meeting of Shareholders. During the fiscal year, the committee's main activity was to hold 1 meeting to discuss the appropriateness of current director compensation levels and increases or decreases in director compensation.」
The composition of the Compensation Committee, its record of meeting once a year, and its deliberations on director compensation levels and increases or decreases were described specifically for the first time. The annual limit on director compensation is ¥400 million.