Establishment of a Corporate Governance Committee
First written in FY2019. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
80 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Nomination and Compensation Committee considered proposals for the election of officers and the officer compensation system, confirmed the appropriateness of the rationale and process for determining individual officer compensation, and exchanged views on strengthening governance and other matters.」
The Nomination and Compensation Committee, renamed from the former Corporate Governance Committee, is described in specific terms as having met 4 times annually and deliberated on the election and compensation of officers. - FY2023ReframedAnnual report
「To strengthen the fairness, transparency and objectivity of decisions concerning the nomination and compensation of directors and executive officers and enhance the corporate governance of our company and group, we have established the Nomination and Compensation Committee as an advisory body to the Board of Directors. It is a voluntary advisory committee and was formerly the Corporate Governance Committee; hereinafter, the “Nomination and Compensation Committee.”」
The former Corporate Governance Committee has been repositioned as the Nomination and Compensation Committee, with its functions clarified as covering the nomination and compensation of directors and executive officers. - FY2021AdvancedAnnual report
「The purpose and authority of the Corporate Governance Committee, a voluntary advisory committee, are to ensure appropriate opportunities for the involvement and advice of independent outside directors in decisions concerning the nomination of directors and the CEO and director compensation, improve the fairness, objectivity and transparency of the decision-making process at the Board of Directors, and deliberate on issues relating to corporate governance generally.」
The company provides specific details on the functions and composition of the established Corporate Governance Committee, which handles the nomination of directors and the CEO, compensation and governance issues. - FY2020RestatedAnnual report
「The Corporate Governance Committee, a voluntary advisory committee, was established on 13 May 2019.」
The company has reconfirmed the establishment of a voluntary advisory committee covering the nomination of directors and the CEO, director compensation and governance issues. - FY2019First statedAnnual report
「On 13 May 2019, we established the Corporate Governance Committee, a voluntary advisory committee. Its purpose and authority are to ensure appropriate opportunities for the involvement and advice of independent outside directors in decisions concerning the nomination of directors and the CEO and director compensation, improve the fairness, objectivity and transparency of the decision-making process at the Board of Directors, and deliberate on issues relating to corporate governance generally, thereby further enhancing and strengthening the corporate governance structure.」
A voluntary advisory committee covering the nomination of directors and the CEO, director compensation and governance issues was established on 13 May 2019.