Policy for determining director compensation through the Nomination and Compensation Committee
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 13 of 103 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In determining the details of individual compensation and other remuneration for directors, excluding directors who are Audit and Supervisory Committee members, the Nomination and Compensation Committee conducts a multifaceted review of the draft proposal, including its consistency with the decision-making policy, within the total compensation approved at the General Meeting of Shareholders. Accordingly, the Board of Directors has determined that it will generally respect the Committee’s recommendations and make decisions in line with the policy.」
The Company has reconfirmed the policy that the Board of Directors determines compensation based on the review and recommendations of the Nomination and Compensation Committee. - FY2023RestatedAnnual report
「In determining the details of individual compensation and other remuneration for directors, excluding directors who are Audit and Supervisory Committee members, the Nomination and Compensation Committee conducts a multifaceted review of the draft proposal, including its consistency with the decision-making policy, within the total compensation approved at the General Meeting of Shareholders. Accordingly, the Board of Directors has determined that it will generally respect the Committee’s recommendations and make decisions in line with the policy.」
The annual report also confirms the policy that the Board of Directors determines compensation based on the review and recommendations of the Nomination and Compensation Committee. - FY2021First statedAnnual report
「In determining the details of individual compensation and other remuneration for directors, excluding directors who are Audit and Supervisory Committee members, the Nomination and Compensation Committee conducts a multifaceted review of the draft proposal, including its consistency with the decision-making policy, within the total compensation approved at the General Meeting of Shareholders. Accordingly, the Board of Directors has determined that it will generally respect the Committee’s recommendations and make decisions in line with the policy.」
The Company has disclosed a compensation governance framework under which the Nomination and Compensation Committee conducts a multifaceted review of draft compensation proposals within the compensation limits approved at the General Meeting of Shareholders, and the Board of Directors makes decisions while respecting the Committee’s recommendations.