Ensuring Objectivity and Transparency in Executive Nominations and Compensation through Nomination and Compensation Committees
First written in FY2019. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
16 other companies' latest entry also says "Other".
- FY2025The number of meetings fell from 3 to 2, but deliberations and recommendations continued.Annual report
「The company held 2 Nomination and Remuneration Committee meetings during the fiscal year. Attendance by each committee member was as follows. The committee deliberated on director appointments, the evaluation and remuneration system for executive officers, and individual remuneration for directors and executive officers, and submitted its recommendations to the Board of Directors.」
The number of Nomination and Remuneration Committee meetings fell from 3 in FY2024 to 2, but the committee deliberated on director appointments, the evaluation and remuneration system for executive officers, and individual remuneration, and submitted its recommendations to the Board of Directors. - FY2024AdvancedAnnual report
「The company held 3 Nomination and Remuneration Committee meetings during the fiscal year. Attendance by each committee member was as follows.」
The Nomination and Remuneration Committee met 3 times during the fiscal year, deliberated on director appointments, the evaluation and remuneration system for executive officers, and individual remuneration, and submitted its recommendations to the Board of Directors. - FY2022Disclosure of the number of Nomination and Remuneration Committee meetingsAnnual report
「The Nomination and Remuneration Committee met 2 times during the fiscal year.」
The number of Nomination and Remuneration Committee meetings during the fiscal year was stated as 2. This changed from the 5 meetings stated previously. - FY2021AdvancedAnnual report
「The company has also established a voluntary advisory Nomination and Remuneration Committee comprising 2 independent outside directors, Yoshiyuki Wada (和田芳幸) and Tetsuo Saito (齋藤哲男), and 1 internal director, Hirotsugu Tada (多田弘實). Its chair is Yoshiyuki Wada (和田芳幸), an independent outside director. To ensure objectivity and transparency in the nomination and remuneration of directors and other officers, the committee evaluates and considers their appropriateness, after which the Board of Directors deliberates and makes decisions. The committee met 5 times during the fiscal year.」
The Nomination and Remuneration Committee now comprises 2 independent outside directors and 1 internal director, with an independent outside director serving as chair. It met 5 times during the fiscal year. - FY2019First statedAnnual report
「The company has also established a voluntary advisory Nomination and Remuneration Committee comprising 1 internal director, Hirotsugu Tada (多田弘實), Representative Director, President and Chairman (Chair), and 2 outside directors, Yoshiyuki Wada (和田芳幸) and Tetsuo Saito (齋藤哲男). To ensure objectivity and transparency in the nomination and remuneration of directors and other officers, the committee evaluates and considers their appropriateness, after which the Board of Directors deliberates and makes decisions. The committee met 2 times during the fiscal year.」
The company established a voluntary Nomination and Remuneration Committee comprising 1 internal director and 2 outside directors to evaluate and consider the appropriateness of director nominations and remuneration, and disclosed that it met 2 times during the fiscal year.