Fairness of Compensation and Nomination Procedures through the Nomination and Compensation Committee
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
74 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Nomination and Compensation Committee consists of 5 directors or outside experts selected by resolution of the Board of Directors. A majority are independent outside directors, including Audit and Supervisory Committee members, or outside experts.」
The Company has reconfirmed a structure in which a 5-member Nomination and Compensation Committee, with a majority of independent outside directors and other outside members, deliberates on the fairness, transparency and objectivity of procedures for director nominations and compensation. - FY2021First statedAnnual report
「The Nomination and Compensation Committee consists of 5 directors or outside experts selected by resolution of the Board of Directors. A majority are independent outside directors, including Audit and Supervisory Committee members, or outside experts. The chair is independent outside director and Audit and Supervisory Committee member Ichikawa Akihiro (一川 明弘). The committee is a voluntary advisory body of the Company. It deliberates on the fairness, transparency and objectivity of procedures relating to the nomination and compensation of directors and reports its conclusions to the Board of Directors.」
The Company operates a 5-member Nomination and Compensation Committee, a voluntary advisory body with a majority of independent outside directors and other outside members, which deliberates on the fairness, transparency and objectivity of procedures for director nominations and compensation.