Enhancing the Objectivity of Director Appointments and Compensation Decisions through the Nomination and Compensation Advisory Committee
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2026.
73 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To ensure the appropriateness and objectivity of the nomination of directors, including succession planning, we have established the Nomination Advisory Committee as an advisory body to the Board of Directors, with independent outside directors constituting a majority of its members.」
The Nomination Advisory Committee and Remuneration Advisory Committee, each with a majority of independent outside directors, continue to operate. - FY2021First statedAnnual report
「To strengthen the independence and objectivity of the Board of Directors' functions relating to the nomination of directors, including succession planning, as well as accountability, we have established the Nomination Advisory Committee as an advisory body to the Board of Directors. A majority of its members are independent outside directors, and it consists of 3 members in total: the Representative Director and Executive Officer, Chairman, and 2 independent outside directors.」
The company has established a Nomination Advisory Committee responsible for the appointment, reappointment and dismissal of directors and succession planning, and a Remuneration Advisory Committee responsible for director remuneration. Independent outside directors constitute a majority of each committee.