Strengthening Executive Nomination and Compensation Processes through the Nomination and Compensation Committee
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
79 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the voluntary Nomination and Compensation Committee met 6 times, and individual attendance was as follows.」
For the Nomination and Compensation Committee, the company reports that it met 6 times during the fiscal year to deliberate revisions to the executive compensation rules, revisions to the directors’ retirement benefit rules, and the payment of executive retirement benefits. - FY2022AdvancedAnnual report
「Following deliberation by the Nomination and Compensation Committee, the Board of Directors resolved the policy for determining compensation at its meeting held on 14 December 2021.」
Following the establishment of the Nomination and Compensation Committee, the Board of Directors formally resolved the policy for determining compensation for directors and Audit & Supervisory Board members on 14 December 2021, putting the operation of the compensation process into concrete form. - FY2021First statedAnnual report
「In January 2021, the company established the Nomination and Compensation Committee, chaired by an outside director, to strengthen the independence and objectivity of the Board of Directors and its accountability. As an advisory body to the Board, the committee deliberates on the nomination of directors, Audit & Supervisory Board members and executive officers, deliberates on changes to compensation systems for directors and executive officers, and determines individual compensation for directors and executive officers.」
The company introduced a structure in which a committee chaired by an outside director deliberates on the nomination and compensation of executives and related personnel and determines individual compensation.