Establishment of a Remuneration Advisory Committee with a Majority of Independent Outside Directors
First written in FY2021. 1 of 4 entries say "Reframed", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Updated committee composition and activitiesAnnual report
「During the fiscal year, the nomination and compensation advisory committee met 2 times, and the attendance of each committee member was as follows.」
The nomination and compensation advisory committee comprised 5 directors, including 3 outside directors, deliberated on candidates for representative director, the acting president, succession planning, and compensation regulations, and met 2 times during the fiscal year. - FY2023AdvancedAnnual report
「At the end of the fiscal year, the nomination and compensation advisory committee comprised 4 directors, 3 of whom were outside directors. During the fiscal year, the committee met 3 times.」
The company operated a committee combining compensation and nomination advisory functions, comprising 4 directors, including 3 outside directors, and held 3 meetings during the fiscal year. Succession planning and the structure of the Board of Directors were also subjects of deliberation. - FY2022Added nomination functions and expanded the committee into a nomination and compensation advisory committeeAnnual report
「The company's nomination and compensation advisory committee comprises the representative director and chairperson, the representative director and president, and directors selected by a resolution of the Board of Directors from among the independent outside directors. The committee has at least 3 members, a majority of whom are independent outside directors.」
The committee's scope of functions was expanded from compensation advisory matters to a nomination and compensation advisory committee that also deliberates on the appointment and dismissal of directors and representative directors, as well as succession planning. - FY2021First statedAnnual report
「In March 2021, the company established a voluntary compensation advisory committee to deliberate on policies for determining individual director compensation and other matters, thereby creating a structure to further enhance the transparency and objectivity of the process for determining director compensation. The compensation advisory committee comprises the representative director and chairperson, the representative director and president, and at least 3 directors selected by a resolution of the Board of Directors from among the independent outside directors. A majority of its members are independent outside directors.」
In March 2021, the company newly established a compensation advisory committee and introduced a structure to add transparency and objectivity to the process for determining director compensation.