Strengthening Oversight of Director Nominations and Compensation through the Nomination and Compensation Advisory Committee
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2023.
The whole theme swung hardest in 2025: 9 of 84 companies on the "Worse" side.
83 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「During the fiscal year, the company held 2 meetings of the Nominating and Compensation Advisory Committee.」
The Nominating and Compensation Advisory Committee, whose members comprise a majority of independent outside directors and whose chair is an outside director, met 2 times during the fiscal year and deliberated on performance-linked bonuses and restricted stock compensation. - FY2021AdvancedAnnual report
「During the fiscal year, the Nominating and Compensation Advisory Committee met 3 times, deliberated on the policy for determining individual director compensation and other matters, including performance-linked bonuses, and reported its conclusions to the Board.」
The Nominating and Compensation Advisory Committee moved into the operational stage after its establishment, meeting 3 times during the year to deliberate on and report its conclusions regarding compensation policies and other matters. - FY2020AdvancedAnnual report
「Based on a consultation from the Board of Directors on 27 October 2020, the Nominating and Compensation Advisory Committee deliberated separately on director nominations and director compensation and reported its conclusions to the Board.」
The Nominating and Compensation Advisory Committee moved beyond the establishment-policy stage into operation, deliberating on director nominations and compensation and reporting its conclusions to the Board. - FY2019First statedAnnual report
「To strengthen the Board of Directors’ oversight function and accountability and enhance the quality of deliberations, we have established a Nominating and Compensation Advisory Committee as an advisory body to the Board, with independent outside directors comprising at least half of its members. The committee deliberates on matters concerning the appointment and dismissal of directors and other matters relating to compensation, reports its conclusions to the Board, and ensures the fairness, transparency and objectivity of the procedures concerning director nominations, compensation and other related matters.」
The Nominating and Compensation Advisory Committee was established on 25 October 2019. Its membership comprises at least half independent outside directors, and a framework was presented for the first time to enhance the fairness, transparency and objectivity of procedures for appointing, dismissing and compensating directors.