Enhancing the Fairness and Objectivity of Executive Compensation through the Compensation Advisory Committee
First written in FY2017. 3 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
66 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To improve the fairness and objectivity of executive appointments, including succession planning, and executive compensation, the company established an independent and effective Nomination and Compensation Advisory Committee chaired by an outside director and comprising 3 outside directors and the president. The committee provides advice and reports to the Board of Directors regarding executive appointments and compensation.」
The structure of the Nomination and Compensation Advisory Committee was disclosed: it is chaired by an outside director and comprises 3 outside directors and the president. It met 7 times during the current fiscal year. - 2026-05-29RestatedGeneral Meetings of Shareholders
「当該取締役会の決議に際しては、あらかじめ決議する内容について指名・報酬諮問委員会へ諮問し、答申を受けております。」
指名・報酬諮問委員会への諮問・答申を経た報酬決定手続を継続している。 - FY2022AdvancedAnnual report
「At meetings held on 22 April 2022 and 29 June 2022, the Board of Directors partially changed the policy and adopted a new resolution.」
Following consultation with and a report from the Nomination and Compensation Advisory Committee, the performance-linked compensation metrics were changed to changes in consolidated net income, changes in consolidated ROE, and changes in the standalone operating profit margin. The compensation mix was also revised to approximately 40% base compensation, 40% performance-linked compensation, 5% evaluation-based compensation, and 15% share-based compensation. - FY2021AdvancedAnnual report
「At a meeting held on 26 February 2021, the Board of Directors resolved the policy for determining the details of individual compensation for directors (excluding outside directors, part-time directors and directors who are Audit and Supervisory Committee members; hereinafter, “directors”).」
In addition to compensation decisions through the Nomination and Compensation Advisory Committee, the Board of Directors resolved a policy for determining individual compensation on 26 February 2021. The policy also specified a framework using changes in consolidated ordinary profit and the change in the standalone operating profit margin for performance-linked compensation, and ROE and changes in consolidated operating profit for share-based compensation. - FY2020RestatedAnnual report
「To improve the fairness and objectivity of executive appointments and compensation, the company established a Nomination and Compensation Advisory Committee comprising 2 outside directors and the president. The committee provides advice and recommendations to the Board of Directors regarding executive appointments and compensation.」
The expanded role of the committee, from the Compensation Advisory Committee to the Nomination and Compensation Advisory Committee, and its function of providing advice and recommendations to the Board of Directors continue. - FY2019ReframedAnnual report
「Within the limit of total compensation approved by the General Meeting of Shareholders, the Board of Directors consults the Nomination and Compensation Advisory Committee on director compensation, deliberates on the matter after receiving its advice, recommendations and reports, and makes the decision.」
The description was expanded from the former Compensation Advisory Committee to the “Nomination and Compensation Advisory Committee,” with the compensation decision-making process through advice and reports to the Board of Directors explicitly stated. - FY2018RestatedAnnual report
「In January 2017, the company established a Compensation Advisory Committee comprising the president and 2 outside directors to improve the fairness and objectivity of executive compensation. The committee provides advice and recommendations to the president regarding executive compensation.」
The role of the Compensation Advisory Committee, established in January 2017 and comprising the president and 2 outside directors, was reiterated. - FY2017First statedAnnual report
「In January 2017, the company established a Compensation Advisory Committee comprising the president and 2 outside directors to improve the fairness and objectivity of executive compensation. The committee provides advice and recommendations to the president regarding executive compensation.」
In January 2017, the company established a Compensation Advisory Committee comprising the president and 2 outside directors.