Improving the Fairness and Transparency of Decision-Making Through the Nomination and Compensation Committee
First written in FY2020. 4 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
16 other companies' latest entry also says "Other".
- FY2026Committee activity record updatedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors, the Nomination and Compensation Committee, as a voluntary advisory body to the Board, determines individual compensation for directors based on a delegation resolution by the Board. In response to referrals from the Board, it also deliberates and reports on the nomination of director candidates and matters concerning director compensation.」
For the Nomination and Compensation Committee in the current fiscal year, the company disclosed the matters considered, including individual compensation determinations, the nomination of director candidates and compensation proposals, together with the committee members’ attendance records. - 2026-03-02AdvancedGovernance
「The Nomination and Compensation Committee, under authority delegated by the Board of Directors, determines the individual compensation of directors, excluding directors who are Audit and Supervisory Committee members. In response to consultations from the Board, it also deliberates and provides recommendations on matters relating to the nomination of director candidates and director compensation.」
Specifically disclosed that the Nomination and Compensation Committee consists of 7 members, including 6 independent outside directors, is chaired by an independent outside director, and is responsible for determining individual compensation and nominating candidates. - FY2024AdvancedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors, the Nomination and Compensation Committee, as a voluntary advisory body to the Board, determines individual compensation for directors based on a delegation resolution by the Board. In response to referrals from the Board, it also deliberates and reports on the nomination of director candidates and matters concerning director compensation.」
The company specifically discloses the process under which the Nomination and Compensation Committee determines individual compensation based on authority delegated by the Board of Directors and deliberates and reports on the nomination of director candidates and the compensation policy. - FY2022AdvancedAnnual report
「15 February 2022 Nomination and Compensation Committee • Recommendation to delegate the determination of individual compensation amounts for directors to the voluntary Nomination and Compensation Committee • Determination of individual compensation amounts for directors for the 25th fiscal year, subject to the Board of Directors resolving to delegate that determination to the voluntary Nomination and Compensation Committee」
The company discloses specific operating results under which the Nomination and Compensation Committee determines individual compensation amounts for directors and the Board of Directors resolves to delegate that authority to the committee. - FY2021AdvancedAnnual report
「The company’s executive compensation policy is determined by the Board of Directors based on deliberations and recommendations by the voluntary Nomination and Compensation Committee.」
For the Nomination and Compensation Committee, the company specifically discloses the process under which the Board of Directors determines the compensation policy following the committee’s deliberations and recommendations, as well as the committee’s activities in 2020 and 2021. - FY2020First statedAnnual report
「In addition, the company has established a voluntary Nomination and Compensation Committee as an advisory body to the Board of Directors. In response to referrals from the Board, the committee deliberates and reports on matters concerning the nomination and compensation of directors. Its independence is ensured by having a majority of its members comprise independent outside directors.」
The company has disclosed for the first time that it has established a Nomination and Compensation Committee as an advisory body to the Board of Directors, with independent outside directors constituting a majority of the committee.