Enhancing Objectivity in Director Nominations and Compensation through a Voluntary Nomination and Compensation Committee
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 91 companies on the "Worse" side.
70 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Before resolutions are adopted by the Board of Directors, the matters to be resolved are referred to the voluntary Nomination and Compensation Committee for consultation, and the Board receives its recommendations.」
The voluntary Nomination and Compensation Committee has evolved to participate in revising the policy for determining director compensation and in the preliminary deliberation of matters for Board of Directors resolutions. The committee consists of 3 members and is chaired by an independent outside director. - FY2024First statedAnnual report
「In response to consultations from the Board of Directors, the voluntary Nomination and Compensation Committee deliberates matters including general meeting proposals concerning the appointment and dismissal of directors and matters relating to director compensation, and submits its recommendations to the Board of Directors. The voluntary Nomination and Compensation Committee consists of 3 members: independent outside director and Audit and Supervisory Committee Member Mimura Setsu (三村摂), who serves as chair; independent outside director and Audit and Supervisory Committee Member Tanaka Tatsuya (田中達也); and representative director, executive officer and president Onishi Shinji (大西新二).」
The company has established a 3-member voluntary committee, including 2 independent outside directors, giving concrete form to the Board of Directors' advisory function regarding the appointment and dismissal and compensation of directors.