Stronger oversight through an Audit & Supervisory Committee company and a Nomination and Compensation Committee
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2025.
88 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To strengthen the fairness, transparency and objectivity of procedures relating to the nomination and compensation of directors and further enhance corporate governance, the company established a Nomination and Compensation Committee on 15 November 2022 as a voluntary advisory body to the Board of Directors.」
The company continues to operate an oversight, nomination and compensation decision-making framework through its Audit & Supervisory Committee company structure and a Nomination and Compensation Committee composed of a majority of independent outside directors. - FY2023First statedAnnual report
「In addition, pursuant to a resolution of the company's 74th Annual General Meeting of Shareholders held on 23 June 2023, the company transitioned from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee. In addition, to strengthen the fairness, transparency and objectivity of procedures relating to the nomination and compensation of directors and further enhance corporate governance, the company established a Nomination and Compensation Committee on 15 November 2022 as a voluntary advisory body to the Board of Directors.」
The oversight, nomination and compensation decision-making framework changed through the transition to a company with an Audit & Supervisory Committee and the establishment of a Nomination and Compensation Committee composed of a majority of independent outside directors.