Ensuring transparency and fairness in executive compensation through the compensation committee
First written in FY2021. 2 of 6 entries say "Restated". Latest entry: 2026-08-10.
The whole theme swung hardest in 2022: 14 of 98 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- FY2025Nomination and compensation committee meeting record and composition updatedAnnual report
「The composition of the Nomination and Compensation Committee during the current consolidated fiscal year, along with the number of meetings held and attendance records, is as follows. The committee is chaired by an outside director who is also an independent officer.」
The Nomination and Compensation Committee met 3 times during the fiscal year, and all 4 committee members had an attendance rate of 100%. As of the filing date, the chair, meeting chair and representative director members reflect the structure following the changes. - FY2024AdvancedAnnual report
「To strengthen the independence and objectivity of the Board of Directors and establish a governance structure combining management transparency and fairness, during the current consolidated fiscal year the company expanded the Compensation Committee into the Nomination and Compensation Committee and transitioned to a system in which decisions on the appointment and dismissal of directors and executive officers, the amounts and details of their compensation and other payments, and the methods of calculation are made after deliberation and recommendations by the committee.」
The former Compensation Committee was expanded into the Nomination and Compensation Committee, and the company transitioned to a system under which the appointment and dismissal of directors and executive officers and their compensation are deliberated and recommended. The Nomination and Compensation Committee met 3 times during the current fiscal year, and the attendance rate of its 4 members was 100%. - FY2023Disclosed the Compensation Committee's operating recordAnnual report
「To establish a governance structure that combines management transparency and fairness, the company has established a Compensation Committee chaired by an outside director to deliberate and provide recommendations on director compensation. The committee meets twice a year, and the attendance rate of its 4 members is 100%.」
The company has disclosed the operating record of the Compensation Committee chaired by an outside director: 2 meetings per year and a 100% attendance rate for its 4 members. - FY2021First statedAnnual report
「The company has established a Compensation Committee within the Board of Directors, chaired by an outside director, to determine methods for calculating compensation and other payments fairly and appropriately while ensuring transparency.」
For the first time, the company identified a system in which a Compensation Committee chaired by an outside director deliberates and decides the methods for calculating fixed compensation, performance-linked compensation and other payments.