Strengthening Board Effectiveness Through Nomination and Compensation Committees
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: 2026-05-15.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- 2026-05-15AdvancedGovernance
「In addition to the Nomination Committee and Compensation Committee, in which independent outside directors constitute a majority, regular opinion exchanges are held among outside officers whose members are limited to independent outside officers. Through communicating their views to executive directors, the Company seeks to build a common understanding of issues.」
The company discloses the composition of the Nomination Committee and Compensation Committee, in which independent outside directors constitute a majority, as well as their regular meetings and the communication of their views. - FY2023RestatedAnnual report
「The Remuneration Committee established under the Board of Directors shall be delegated authority to determine the amount of basic remuneration (cash remuneration) pursuant to a resolution of the Board of Directors.」
The delegation of authority to determine basic remuneration to the Remuneration Committee, and the practice of having independent outside directors constitute a majority of its members, continue. - FY2022AdvancedAnnual report
「Under the decision-making policy following this revision, the Remuneration Committee established under the Board of Directors is delegated authority, pursuant to a resolution of the Board of Directors, to determine the amount of basic remuneration (cash remuneration).」
The disclosure states that the authority to determine basic remuneration was delegated to the Remuneration Committee in June 2021 and that the committee operates with a structure including independent outside directors. - FY2021AdvancedAnnual report
「In June 2021, the company strengthened the authority and role of determining the individual basic remuneration (cash remuneration) amounts of directors and changed the names of the committees to the Nomination Committee and Remuneration Committee.」
The Nomination and Remuneration Advisory Committees established in April 2020 had their authority and role in determining basic remuneration strengthened in June 2021 and were renamed the Nomination Committee and Remuneration Committee. - FY2020First statedAnnual report
「In April 2020, the company established a Nomination Advisory Committee and a Remuneration Advisory Committee as advisory bodies for considering important matters, including the nomination and remuneration of senior management and directors. A majority of the members are independent outside directors, with the aim of strengthening the independence, objectivity and accountability of the Board of Directors.」
The disclosure newly describes the establishment in April 2020 of the Nomination Advisory Committee and Remuneration Advisory Committee, with independent outside directors constituting a majority of each committee's members.