Objectivity and Transparency in the Executive Compensation Decision-Making Process Through the Compensation Committee
First written in FY2021. 3 of 6 entries say "Restated". Latest entry: 2026-06-04.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- 2026-06-04RestatedGeneral Meetings of Shareholders
「For the purpose of ensuring objectivity and transparency in procedures for determining compensation for officers, which in this policy means directors and directors who are Audit and Supervisory Committee Members, we have established a voluntary Compensation Committee that includes independent outside directors.」
The company continues to use a compensation-determination process conducted by a voluntary Compensation Committee that includes independent outside directors. - FY2025RestatedAnnual report
「The company has established a voluntary Compensation Committee including 1 outside director. With regard to the Compensation Committee’s activities during the fiscal year, it determined executive compensation following the election of officers in June 2024.」
The company continues to operate a system under which the voluntary Compensation Committee, including outside directors, determines executive compensation. - FY2024RestatedAnnual report
「In light of performance during the fiscal year, the company held an extraordinary meeting of the Compensation Committee in March 2023 and decided to reduce executive compensation for 3 months.」
The company continues to operate a system under which the Compensation Committee, including independent outside directors, determines executive compensation in light of performance. - FY2023AdvancedAnnual report
「In light of performance during the fiscal year, the company held an extraordinary meeting of the Compensation Committee in March 2023 and decided to reduce executive compensation for 3 months.」
The Compensation Committee held an extraordinary meeting in light of performance and decided to reduce executive compensation for 3 months. The company has disclosed an example of the decision-making process for compensation being put into practice. - FY2022AdvancedAnnual report
「The company has established a voluntary Compensation Committee, including independent outside directors, with the aim of ensuring objectivity and transparency in procedures for determining directors’ compensation. In this policy, it is referred to as the “Compensation Committee.”」
Following a recommendation from the Compensation Committee, the Board of Directors resolves the policy for determining executive compensation, formalising an objective and transparent decision-making process that includes independent outside directors. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 10 November 2020, the company resolved to establish a voluntary Compensation Committee. Following a recommendation from the Compensation Committee, the Board of Directors resolved the “Policy for Determining Executive Compensation” at its meeting held on 9 February 2021.」
The company newly introduced a system under which a voluntary Compensation Committee is established and the Board of Directors resolves the policy for determining executive compensation following a recommendation from the Compensation Committee.