Improving the objectivity of director appointments and remuneration decisions through the Nomination and Remuneration Committee
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
73 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of the date of submission of this document, Hanada Mitsuyo (花田光世), an independent outside director of the company, serves as chair of the Nomination and Remuneration Committee, while Tanaka Hitoshi (田中仁), an independent outside director, and Takashima Kohei (髙島宏平), the company's representative director, serve as members. All members attended both meetings held during the fiscal year.」
The Nomination and Remuneration Committee has moved into the operating phase, with 3 members, a majority of whom are independent outside directors. It held 2 meetings during the fiscal year, with all members in attendance, to discuss remuneration and nominations. - FY2022First statedAnnual report
「At a Board of Directors meeting held on 26 May 2022, we resolved to establish the voluntary Nomination and Remuneration Committee, an advisory body to the Board of Directors. The committee reorganizes the former Remuneration Advisory Meeting and is intended to use the knowledge and advice of outside officers, ensure the objectivity and transparency of procedures for determining director appointments and remuneration, improve the Board of Directors' oversight function, and further strengthen corporate governance.」
The company reorganized the former Remuneration Advisory Meeting and established the voluntary Nomination and Remuneration Committee on 26 May 2022. It is described for the first time as a system designed to improve the objectivity and transparency of decisions on director appointments and remuneration by using the expertise of outside officers.