Establishment of a Nomination and Compensation Committee and Development of Director Compensation Policies
First written in FY2022. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: 2026-04-06.
81 other companies' latest entry also says "Advanced".
- 2026-04-06AdvancedGeneral Meeting of Shareholders
「Established a voluntary Nomination and Compensation Committee in October 2021 to improve the transparency and objectivity of director nomination and compensation procedures and strengthen Board oversight.」
The company presented the election of director candidates and revisions to compensation amounts, following deliberation and recommendations by the Nomination and Compensation Committee, as proposals for the General Meeting of Shareholders. It also presented a policy of increasing the limit on the number of directors from 8 or fewer to 10 or fewer. - FY2025Updated committee meeting recordAnnual report
「During the fiscal year, the Company’s voluntary Nomination and Compensation Committee met 3 times. Attendance by each committee member is as follows.」
The Nomination and Compensation Committee met 3 times during the fiscal year to deliberate on director compensation, director candidates and positions, and made recommendations to the Board of Directors. - FY2024AdvancedAnnual report
「The Company has established a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors. It comprises Representative Director and President Saito Akitsugu (齋藤 晶議) and 2 outside directors, Matsumoto Shigehiko (松本 滋彦) and Ozaki Hiroshi (尾崎 博史).」
The Nomination and Compensation Committee met 4 times in the fiscal year ended January 2024 to deliberate and make recommendations on director compensation, candidate appointments and positions. The Company also disclosed the operation of non-monetary compensation through performance-linked restricted stock. - FY2023AdvancedAnnual report
「Non-monetary compensation will consist of performance-linked restricted stock designed to provide incentives for enhancing the Company’s corporate value over the medium to long term and sustainably increasing shareholder value, while fostering a commitment to business performance.」
The Company specified its policy of operating a compensation decision-making process through the Nomination and Compensation Committee and introducing performance-linked restricted stock as non-monetary compensation. - FY2022First statedAnnual report
「In October 2021, the Company established a voluntary Nomination and Compensation Committee to enhance the transparency and objectivity of procedures related to the nomination and compensation of directors, thereby strengthening the supervisory function of the Board of Directors and enhancing the corporate governance system.」
Established a voluntary Nomination and Compensation Committee in October 2021 to improve the transparency and objectivity of director nomination and compensation procedures and strengthen Board oversight.