Strengthening Board Independence and Objectivity Through the Nomination and Compensation Committee
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 84 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2025Fewer Meetings of the Nomination and Compensation CommitteeAnnual report
「The voluntary Nomination and Compensation Committee, established as an advisory body to the Board of Directors, met once during the fiscal year.」
The Nomination and Compensation Committee deliberated on and submitted recommendations regarding the appointment of directors and individual compensation proposals during the year, but the number of meetings decreased from 3 in the previous fiscal year to 1. - FY2024AdvancedAnnual report
「The voluntary Nomination and Compensation Committee, established as an advisory body to the Board of Directors, met 3 times during the fiscal year. Specifically, at the request of the Board of Directors, it deliberated on the appointment of directors and submitted its recommendations to the Board. It also deliberated on proposals for compensation submitted by the Representative Director, including individual directors' compensation and the policy for determining it, and submitted its recommendations to the Board.」
The number of meetings of the Nomination and Compensation Committee increased from 1 in the previous fiscal year to 3, and the company disclosed that the committee deliberated on and submitted recommendations regarding the appointment of directors and individual compensation proposals. - FY2023AdvancedAnnual report
「The voluntary Nomination and Compensation Committee, established as an advisory body to the Board of Directors, met once during the fiscal year. Specifically, at the request of the Board of Directors, it deliberated on the appointment of directors and submitted its recommendations to the Board. It also deliberated on proposals for compensation submitted by the Representative Director, including individual directors' compensation and the policy for determining it, and submitted its recommendations to the Board.」
The company disclosed that the Nomination and Compensation Committee, with independent outside directors comprising a majority of its members, met once during the year, deliberated on the appointment of directors and compensation proposals, and submitted its recommendations to the Board of Directors. - FY2022First statedAnnual report
「At a meeting of the Board of Directors held on 20 September 2022, the company resolved to establish a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with independent outside directors comprising a majority of its members. Beginning with the fiscal year ending July 2024, the company will determine the details of directors' compensation and other payments after receiving the committee's recommendations. The company will strengthen the independence, objectivity, and accountability of the Board of Directors' functions relating to nominations and compensation through the expertise and advice of outside directors.」
The company newly disclosed plans to establish a voluntary Nomination and Compensation Committee, with independent outside directors comprising a majority of its members, and to reflect its recommendations in decisions on directors' compensation and other payments beginning with the fiscal year ending July 2024.