Executive Appointments, Dismissals and Succession Planning by the Nomination Advisory Committee
First written in FY2018. 3 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2025.
Demae-Can moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
6 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「As of 26 November 2024, the Nomination Advisory Committee and the Compensation Committee were integrated and reorganized as the Nomination and Compensation Committee.」
The former Nomination Advisory Committee was integrated with the Compensation Committee and reorganized as the Nomination and Compensation Committee, which handles nominations, compensation and succession planning. - FY2024Update to meeting frequency and recommendationsAnnual report
「The Nomination Advisory Committee met 4 times during the fiscal year, and all 5 committee members attended all 4 meetings.」
The Nomination Advisory Committee met 4 times and made recommendations to the Board of Directors concerning the appointment of directors, Audit & Supervisory Board members and executive officers. The meeting frequency was updated from the previous 5 meetings. - FY2022AdvancedAnnual report
「The Nomination Advisory Committee met 5 times in fiscal 2021, deliberated on matters to be recommended to the Board of Directors concerning the appointment of directors, Audit & Supervisory Board members and executive officers, and submitted its recommendations to the Board of Directors.」
The Nomination Advisory Committee's annual meeting frequency increased from 4 to 5, and it made recommendations concerning the appointment of directors, Audit & Supervisory Board members and executive officers. - FY2021AdvancedAnnual report
「The Nomination Advisory Committee deliberates on the following matters and makes recommendations to the Board of Directors: ① determining the initial proposals for the appointment and dismissal of officers, including directors, Audit & Supervisory Board members and executive officers, to be submitted to the General Meeting of Shareholders and the Board of Directors; ⑤ considering the requirements and selection policy for successors, securing, appointing and developing candidates, and related matters. The Nomination Advisory Committee met 4 times in fiscal 2020.」
The scope of the committee's advisory role was specified as covering not only appointments and dismissals but also securing, appointing and developing successors, and it met 4 times during the fiscal year. - FY2020AdvancedAnnual report
「The Nomination Advisory Committee is chaired by outside director Mori Issei (森 一生) and meets as needed to consider matters including the selection of directors and Audit & Supervisory Board members, the appointment and dismissal of management, and the development of successors who will contribute to the Company's group's medium- to long-term growth, with the aim of enhancing transparency and objectivity.」
The chair of the Nomination Advisory Committee changed to Mori Issei (森 一生), and the committee is composed of 5 independent outside directors and outside Audit & Supervisory Board members. - FY2019RestatedAnnual report
「The Nomination Advisory Committee is chaired by outside director Ueyama Hiroshi (上山 浩) and meets as needed to consider matters including the selection of directors and Audit & Supervisory Board members, the appointment and dismissal of management, and the development of successors who will contribute to the Company's group's medium- to long-term growth, with the aim of enhancing transparency and objectivity.」
The framework for the Nomination Advisory Committee to deliberate on the appointment and dismissal of officers and succession planning has been maintained. - FY2018First statedAnnual report
「The Nomination Advisory Committee meets as needed to consider matters including the selection of directors and Audit & Supervisory Board members, the appointment and dismissal of management, and the development of successors who will contribute to the Company's group's medium- to long-term growth, with the aim of enhancing transparency and objectivity. It consists solely of independent officers with no risk of conflicts of interest with general shareholders and seeks to maintain a framework for appropriate decision-making.」
The filing describes a framework in which a Nomination Advisory Committee composed of independent outside directors and independent outside Audit & Supervisory Board members deliberates on the selection of officers, the appointment and dismissal of management, and succession planning.