Strengthening the fairness and transparency of procedures through the Nomination and Compensation Committee
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
80 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year under review, the Company held a total of 4 meetings of the Nomination and Compensation Committee.」
The Nomination and Compensation Committee held 4 meetings, up from 3 in the previous fiscal year, and considered executive compensation and the appointment of directors for the next term, among other matters. - FY2024AdvancedAnnual report
「During the fiscal year under review, the Company held a total of 3 meetings of the Nomination and Compensation Committee. Attendance by each director and audit & supervisory board member was as follows.」
The Nomination and Compensation Committee held 3 meetings during the fiscal year under review, and the Company reports its operating results regarding procedures for director compensation and appointments. - FY2023First statedAnnual report
「As a voluntary advisory body to the Board of Directors, the Company has established a Nomination and Compensation Committee for the processes of appointing and dismissing directors and determining compensation, thereby enhancing the fairness and transparency of these procedures and further strengthening corporate governance. The Nomination and Compensation Committee consists of 3 or more members selected by the Board of Directors, including directors and audit & supervisory board members, with independent outside directors comprising a majority.」
The Company has stated for the first time that it has established a Nomination and Compensation Committee of at least 3 members, a majority of whom are independent outside directors, to oversee the appointment and dismissal of directors and determination of compensation.