Ensuring objectivity in the appointment and dismissal and compensation of officers through the Nomination and Compensation Advisory Committee
First written in FY2019. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026RestatedAnnual report
「During the fiscal year, the Company held 6 meetings of the Nomination and Compensation Committee. Attendance by each member of the Nomination and Compensation Committee was as follows.」
The Company held 6 meetings of the Nomination and Compensation Committee, composed of a majority of outside Directors, and continued to deliberate on the nomination of Director candidates, compensation policies and other matters. - FY2025RestatedAnnual report
「The Nomination and Compensation Committee met 6 times during the fiscal year, on 22 April 2024, 30 May 2024, 26 June 2024, 27 June 2024, 8 November 2024 and 31 March 2025. It deliberated on the design of the Director compensation system and compensation amounts and made recommendations to the Board of Directors on the substance and results of its deliberations.」
The Nomination and Compensation Committee, composed of a majority of outside Directors, met 6 times and continued to deliberate on compensation system design and compensation amounts and make recommendations to the Board of Directors. - FY2024AdvancedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors, the Nomination and Compensation Committee, an optional advisory body to the Board of Directors, determines individual Director compensation based on resolutions delegating authority from the Board of Directors and deliberates, in response to referrals from the Board of Directors, on the nomination of Director candidates and matters concerning Director compensation.」
The Nomination and Compensation Committee met 5 times during the fiscal year and, in addition to its previous deliberation and recommendation functions, assumed responsibility for determining individual compensation under authority delegated by the Board of Directors. - FY2022AdvancedAnnual report
「The Nomination and Compensation Advisory Committee met 6 times during the fiscal year, on 26 April 2021, 31 May 2021, 28 June 2021, 29 June 2021, 11 November 2021 and 28 March 2022. It deliberated on the design of the Director compensation system and compensation amounts and made recommendations to the Board of Directors on the substance and results of its deliberations.」
The Nomination and Compensation Committee, composed of a majority of outside Directors, met 6 times during the fiscal year, and its practice of deliberating on compensation system design and compensation amounts and making recommendations to the Board of Directors progressed. - FY2020AdvancedAnnual report
「On 25 March 2019, the Company established the Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors, with outside Directors constituting a majority of its members. Since then, matters concerning Director compensation have been reported to the Board of Directors after deliberation and recommendations by the Committee.」
The Nomination and Compensation Advisory Committee was established on 25 March 2019, and began operating with a committee composed of a majority of outside Directors to deliberate and make recommendations on Director compensation. - FY2019First statedAnnual report
「The Nomination and Compensation Advisory Committee will comprise the Representative Directors and independent outside officers, with independent outside officers constituting a majority. The Committee will deliberate and compile its opinions on draft General Meeting of Shareholders proposals concerning the appointment and dismissal of Directors and Audit & Supervisory Board Members, draft proposals concerning their compensation and other matters, and other matters referred to it by the Board of Directors, and report to the Board of Directors.」
It describes a mechanism under which the Nomination and Compensation Advisory Committee, composed of a majority of independent outside officers, deliberates draft proposals concerning the appointment and dismissal and compensation of officers and reports to the Board of Directors.