Strengthening the Compensation Decision-Making Process through the Nomination and Compensation Committee
First written in FY2020. 5 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of the filing date of the Annual Securities Report, the Company had partially revised its policy for determining the details of individual compensation and other benefits for directors to ensure the appropriateness of compensation amounts and transparency in the decision-making process. The Company has delegated to the Nomination and Compensation Committee, based on a resolution of the Board of Directors, the authority to determine the specific details of individual base compensation for directors excluding directors who are Audit and Supervisory Committee members, as well as the allocation of bonus evaluations based on the performance of the divisions for which they are responsible.」
The Nomination and Compensation Committee has moved toward a system in which it is delegated authority to make specific decisions on individual base compensation and bonus evaluation allocations. The policy also specifies that a majority of committee members and the chairperson must be independent outside directors. - FY2025AdvancedAnnual report
「During the fiscal year, the committee consisted of 3 members, 2 independent outside directors and 1 internal director, and deliberated on executive compensation as follows: • 26 April 2024: Appropriateness of proposed individual compensation amounts for director candidates, excluding directors who are Audit and Supervisory Committee members • 18 December 2024: Appropriateness of the executive compensation system for executive directors • 29 January 2025: Appropriateness of the policy for determining the details of individual compensation and other benefits for directors • 26 February 2025: Revisions to the policy for determining the details of individual compensation and other benefits for directors」
The Nomination and Compensation Committee, consisting of 3 members including 2 independent outside directors, deliberated 4 times on compensation amounts for individual candidates, the compensation system, the policy for individual compensation, and revisions to that policy. - FY2024RestatedAnnual report
「During the fiscal year, the committee consisted of 3 members, 2 independent outside directors and 1 internal director, and deliberated on executive compensation as follows: • 28 April 2023: Appropriateness of proposed individual compensation amounts for director candidates • 24 January 2024: Appropriateness of the executive compensation system for executive directors • 21 February 2024: Appropriateness of the policy for determining the details of individual compensation and other benefits for directors」
The Nomination and Compensation Committee, consisting of 3 members including 2 independent outside directors, continues to deliberate on proposed compensation amounts for individual candidates, the compensation system, and the policy for individual compensation. - FY2023AdvancedAnnual report
「During the fiscal year, the committee consisted of 3 members, 2 independent outside directors and 1 internal director, and deliberated on executive compensation as follows: • 28 April 2022: Proposed individual compensation amounts for director candidates • 25 January 2023: Appropriateness of the executive compensation system for executive directors and of the policy for determining the details of individual compensation and other benefits for directors」
The Nomination and Compensation Committee, consisting of 3 members including 2 independent outside directors, actually deliberated on proposed compensation amounts for individual candidates, the compensation system, and the policy for individual compensation. - FY2021AdvancedAnnual report
「During the fiscal year, the committee consisted of 3 members, 2 independent outside directors and 1 internal director, and deliberated on executive compensation as follows: • 25 November 2020: Appropriateness of the executive compensation system for executive directors • 20 January 2021: Policy for determining the details of individual compensation and other benefits for directors」
The Company discloses that the Nomination and Compensation Committee, consisting of 3 members including 2 independent outside directors, actually deliberated on the executive compensation system and the policy for individual compensation. - FY2020First statedAnnual report
「To ensure the appropriateness of compensation amounts and transparency in the decision-making process, the Company established the Nomination and Compensation Committee as an advisory body to the Board of Directors pursuant to a resolution adopted at a Board meeting held on 18 December 2019. A majority of its members are independent outside directors.」
The Company has established a Nomination and Compensation Committee consisting of 3 members, including independent outside directors, and provides its first detailed description of the process for deliberating and reporting recommendations on director candidates and compensation.