Enhancing Objectivity and Transparency in the Compensation Determination Process
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
65 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「At its meeting held on 23 April 2024, the Board of Directors resolved the policy for determining individual directors' compensation. Before the resolution, the optional Compensation Advisory Committee, in which independent outside officers constitute a majority, had issued its report on the matters to be resolved.」
Following deliberation and a report by the Compensation Advisory Committee, the Board of Directors formally resolved the policy for determining individual directors' compensation. - FY2023RestatedAnnual report
「The Compensation Advisory Committee was established to enhance the objectivity and transparency of the process for determining directors' compensation and strengthen management. It deliberates policies for determining the compensation of individual directors, the compensation of individual directors, and the formulation, amendment and abolition of the basic policies, rules and procedures necessary for making such determinations, and provides advice and recommendations to the Board of Directors.」
The Company continues to improve the objectivity and transparency of the compensation determination process through the Compensation Advisory Committee, in which independent outside officers constitute a majority. - FY2022RestatedAnnual report
「The Compensation Advisory Committee was established on 29 January 2021 to enhance the objectivity and transparency of the process for determining directors' compensation and strengthen management.」
The Company continues to operate a structure in which the Compensation Advisory Committee, with a majority of independent outside officers, deliberates policies on directors' compensation and provides advice and recommendations to the Board of Directors. - FY2021First statedAnnual report
「To enhance the objectivity and transparency of the process for determining directors' compensation and strengthen management, the Board of Directors resolved at its meeting held on 29 January 2021 to establish an optional Compensation Advisory Committee, with outside officers in the majority, and」
The Company established a Compensation Advisory Committee chaired by an outside director to provide advice and recommendations to the Board of Directors.