Enhancing Transparency in Appointment and Compensation Processes through the Nomination and Compensation Committee
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: 2026-05-27.
- 2026-05-27RestatedChanges in Directors and Officers
「Based on the recommendations of the Nomination and Compensation Committee, an advisory committee, we selected the following candidates for director」
Reconfirms the process of selecting director candidates based on recommendations from the Nomination and Compensation Committee. - FY2023AdvancedAnnual 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, strengthening the fairness and transparency of these procedures and further enhancing corporate governance.」
For the Nomination and Compensation Committee established in FY2022, the company operates a process under which the committee is consulted when determining individual compensation for directors. The committee has 3 members, a majority of whom are outside directors. - FY2022First statedAnnual report
「As a voluntary advisory body to the Board of Directors, we have established a Nomination and Compensation Committee to strengthen the fairness and transparency of procedures for electing and dismissing directors and determining their compensation, thereby further enhancing corporate governance. The Nomination and Compensation Committee consists of 3 or more directors selected by the Board of Directors, and a majority of its members are independent outside directors.」
The company newly established the Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors for the election and dismissal of directors and determination of compensation. It has stated a policy that the committee comprise 3 or more members, with a majority being independent outside directors.