Objectivity and transparency in compensation and nomination processes through a Compensation and Nomination Advisory Committee
First written in FY2024. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
80 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Compensation and Nomination Advisory Committee is required to comprise at least 3 members. It consists of 4 members appointed by the Board of Directors: Representative Director and President Sekiya Keizo (関家 圭三) and 3 Outside Directors, Ichikawa Rumi (市川ルミ), Uchiyama Shigeru (内山秀) and Watanabe Kazuharu (渡邉一治). The Committee appointed Independent Outside Director Uchiyama Shigeru (内山秀) as chair through a committee resolution.」
The Compensation and Nomination Advisory Committee comprises 4 members, including 3 Outside Directors, with an Independent Outside Director appointed as chair. - 2026-09-02Cited as achievedGeneral Meetings of Shareholders
「The Company determined that this proposal was appropriate because it was decided by the Board of Directors, following the recommendations of the Compensation and Nomination Advisory Committee, in accordance with the decision-making policy and internal rules established in advance by the Board of Directors concerning the details of individual compensation and other benefits for directors.」
The Company cited the compensation and nomination process, under which the Board of Directors makes decisions following recommendations from the Compensation and Nomination Advisory Committee, as the procedure used for the proposal concerning retirement bonuses. - FY2025AdvancedAnnual report
「During the fiscal year under review, the Company held 1 meeting of the Compensation and Nomination Advisory Committee.」
The company demonstrated that the Compensation and Nomination Advisory Committee not only exists as a system, but also held 1 meeting during the fiscal year under review to consider the appointment of directors, the policy for determining compensation and individual compensation amounts. - FY2024First statedAnnual report
「The compensation system and compensation levels for directors are determined by resolution of the Board of Directors based on recommendations from the Compensation and Nomination Advisory Committee, chaired by the Representative Director and President and comprising at least 2 outside officers as members, thereby ensuring a high degree of objectivity and transparency in the process for determining directors’ compensation.」
The company has specified a system for ensuring objectivity and transparency in executive compensation and nominations through a voluntary advisory committee that includes outside officers.