Ensuring Transparency and Objectivity in Director Compensation Through the Compensation Advisory Committee
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Compensation Advisory Committee considers various proposals concerning the compensation of directors, excluding directors who are Audit and Supervisory Committee members, and provides advice on their legality and appropriateness. In principle, the committee meets once a year.」
Continued disclosure of the operation of the Compensation Advisory Committee, which ensures transparency and objectivity in director compensation. - FY2022RestatedAnnual report
「The basic compensation of our directors is fixed monthly compensation. The amount is determined comprehensively based on the director's position, role and contribution, while also taking into consideration changes in the scale and nature of the business and prevailing compensation levels.」
Continued disclosure of the Compensation Advisory Committee's deliberations and the policies for determining fixed compensation, performance-linked compensation and compensation such as stock acquisition rights. - FY2021AdvancedAnnual report
「The basic compensation of our directors is fixed monthly compensation. The amount is determined comprehensively based on the director's position, role and contribution, while also taking into consideration changes in the scale and nature of the business and prevailing compensation levels.」
In addition to operating the Compensation Advisory Committee, specified the policies for determining fixed compensation, performance-linked compensation and non-monetary compensation such as stock acquisition rights. - FY2020First statedAnnual report
「We have established a Compensation Advisory Committee as a voluntary advisory body to the Representative Director, with the aim of ensuring transparency and objectivity in policies, systems and decisions relating to the compensation of directors, excluding directors who are Audit and Supervisory Committee members.」
Established a Compensation Advisory Committee consisting of the Representative Director and Audit and Supervisory Committee members to ensure transparency and objectivity in director compensation; the committee meets in principle once a year.