Formalisation of the policy for determining executive compensation
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To ensure the appropriateness and transparency of compensation levels, the company established a voluntary compensation committee as an advisory body, chaired by an outside director and with outside directors constituting a majority.」
The company continues to ensure the appropriateness and transparency of executive compensation through a compensation committee chaired by an outside director, with outside directors constituting a majority. - FY2025RestatedAnnual report
「To ensure the appropriateness and transparency of compensation levels, the company established a voluntary compensation committee as an advisory body, chaired by an outside director and with outside directors constituting a majority.」
The company continues to ensure the appropriateness and transparency of executive compensation through a compensation committee chaired by an outside director, with outside directors constituting a majority. - FY2022AdvancedAnnual report
「To ensure the appropriateness and transparency of compensation levels, the company established a voluntary compensation committee as an advisory body, chaired by an outside director and with outside directors constituting a majority.」
The company disclosed an operating framework that ensures the appropriateness and transparency of its policy of providing executive compensation solely as fixed compensation through a voluntary compensation committee with a majority of outside directors. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 12 February 2021, the company resolved its policy for determining compensation and other payments for directors, excluding directors who are Audit and Supervisory Committee members, hereinafter referred to as “directors.”」
The company disclosed for the first time as an independent topic its policy of adopting a compensation structure consisting solely of fixed compensation, with emphasis on enhancing corporate value and consideration given to the director's position, the performance of the responsible department, business performance, the business environment, financial condition and duties.