Strengthening Oversight and Procedural Transparency through Nomination and Compensation Committees and a Special Committee
First written in FY2022. 6 of 7 entries say "Advanced", first in FY2023. Latest entry: FY2026.
80 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the Company held 9 meetings of the Nomination Committee and 9 meetings of the Compensation Committee.」
The Company disclosed that each committee held 9 meetings, up from 5 meetings each in the previous fiscal year. - FY2025AdvancedAnnual report
「During the fiscal year, the Company held 5 meetings of the Nomination Committee and 5 meetings of the Compensation Committee.」
The Company disclosed that each committee held 5 meetings during the fiscal year as part of its transparency framework. - FY2024AdvancedAnnual report
「During the fiscal year, the Company held 2 meetings of the Nomination Committee and 2 meetings of the Compensation Committee.」
The Company disclosed that each committee held 2 meetings during the fiscal year as part of its procedures for ensuring transparency. - FY2023AdvancedAnnual report
「During the fiscal year, the Company held 5 meetings of the Nomination Committee and 2 meetings of the Compensation Committee.」
The Company disclosed that, during the fiscal year, the Nomination Committee held 5 meetings and the Compensation Committee held 2 meetings as part of its transparency framework. - FY2022First statedAnnual report
「The Company has established a Nomination Committee and a Compensation Committee as advisory bodies to the Board of Directors to ensure transparency in the procedures for selecting candidates for directors, excluding directors who are Audit and Supervisory Committee members, and members of the Management Committee, as well as determining compensation, and to enhance corporate governance. The Company has also established a Special Committee as an advisory body to the Board of Directors to appropriately monitor and oversee risks of conflicts of interest with controlling shareholders and other related parties in transactions between the Group and such parties, thereby protecting minority shareholders’ interests and enhancing corporate governance.」
The establishment of specific governance bodies was disclosed for the first time: the Nomination Committee and Compensation Committee ensure transparency in candidate selection and compensation decisions, while the Special Committee, composed solely of independent outside directors, monitors conflicts of interest with controlling shareholders and other related parties.