Enhancing Fairness and Transparency in Compensation Decisions Through the Nomination and Compensation Committee
First written in FY2022. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2022: 14 of 96 companies on the "Worse" side.
69 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company held 8 meetings of the Nomination and Compensation Committee during the fiscal year.」
The Nomination and Compensation Committee held 8 meetings and deliberated on and made recommendations regarding the appointment of directors, Audit and Supervisory Committee members and executive officers, as well as individual compensation and bonuses. - 2026-05-01RestatedGeneral Meetings of Shareholders
「The Company has established a Nomination and Compensation Committee comprising 2 outside directors who are Audit and Supervisory Committee members and 1 internal director, for a total of 3 members.」
The Company continues to use the Nomination and Compensation Committee in its compensation determination procedures. - FY2025AdvancedAnnual report
「The Company has also established a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors. The committee comprises 3 members, consisting of 2 outside directors who are Audit and Supervisory Committee members and 1 internal director. The committee works to strengthen the Board of Directors' oversight function by ensuring the fairness, transparency and objectivity of procedures relating to the nomination of directors and decisions on compensation and other matters, excluding decisions on the compensation of Audit and Supervisory Committee members.」
The Nomination and Compensation Committee operates with 3 members, comprising 2 outside directors and 1 internal director, and held 7 meetings during the year to deliberate on the appointment and compensation of directors and executive officers. - FY2023AdvancedAnnual report
「We have also established a nomination and remuneration committee as an optional advisory body to the Board of Directors. The committee consists of 5 members: 3 outside directors who are audit & supervisory committee members and 2 internal directors, 1 of whom is an audit & supervisory committee member. The committee strengthens the Board of Directors' supervisory function by ensuring the fairness, transparency and objectivity of procedures relating to the appointment and remuneration of directors, excluding audit & supervisory committee members in decisions on remuneration.」
The Nomination and Compensation Committee is specifically disclosed as comprising 5 members, including 3 outside directors, with responsibility for deliberating the nomination of directors and decisions on director compensation. - FY2022First statedAnnual report
「To ensure the fairness, transparency and objectivity of procedures relating to director remuneration and further enhance corporate governance, we established a nomination and remuneration committee on 22 November 2021, with independent outside officers constituting a majority of its members. The committee deliberates on the details of individual director remuneration and other compensation matters following consultation by the Board of Directors, and the Board of Directors makes decisions based on the committee's recommendations.」
The company established a nomination and remuneration committee in which independent outside officers constitute a majority, introducing a new governance framework for deliberating on and recommending director remuneration.