Enhancing Transparency in the Executive Appointment Process through the Nomination and Compensation Committee
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
83 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our Nomination and Compensation Committee consists of 4 members, chaired by Representative Director and President Uehara Koki (上原 幸樹), and comprising Outside Director and Audit and Supervisory Committee Member Onishi Masaya (大西 雅也), Outside Director and Audit and Supervisory Committee Member Tsujii Kohei (辻井 康平), and Outside Director and Audit and Supervisory Committee Member Fukuchi Toshiyuki (福地 叔之). When the Board of Directors decides on executive appointments, compensation and other matters, the Nomination and Compensation Committee, an advisory body to the Board comprising a majority of outside directors, deliberates on the matters, and decisions are made through a process with greater transparency and objectivity.」
The executive decision-making process continues to operate through a 4-member Nomination and Compensation Committee in which outside directors comprise a majority. - FY2025First statedAnnual report
「Our Nomination and Compensation Committee consists of 4 members, chaired by Representative Director and President Uehara Koki (上原 幸樹), and comprising Outside Director and Audit and Supervisory Committee Member Onishi Masaya (大西 雅也), Outside Director and Audit and Supervisory Committee Member Tsujii Kohei (辻井 康平), and Outside Director and Audit and Supervisory Committee Member Fukuchi Toshiyuki (福地 叔之). When the Board of Directors decides on executive appointments, compensation and other matters, the Nomination and Compensation Committee, an advisory body to the Board comprising a majority of outside directors, deliberates on the matters, and decisions are made through a process with greater transparency and objectivity.」
For the first time, the company described a system in which a 4-member Nomination and Compensation Committee, with outside directors comprising a majority, deliberates on executive candidates and compensation and makes recommendations to the Board of Directors.