Ensuring objectivity in director appointments and compensation decisions by the Nomination Committee and Compensation Committee
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Attendance at the Nomination Committee during the 43rd fiscal period, which held 5 meetings in total, was 100%.」
The Nomination Committee and Compensation Committee each held 5 meetings, with a 100% attendance rate. The number of meetings increased from 4 each in the previous fiscal period. - FY2025Decrease in the number of committee meetingsAnnual report
「Attendance at the Nomination Committee during the 42nd fiscal period, which held 1 meeting in total, was 100%.」
Both the Nomination Committee and Compensation Committee held 1 meeting during the 42nd fiscal period, with a 100% attendance rate. The number of meetings decreased from 4 each during the 41st fiscal period, as previously disclosed. - FY2024AdvancedAnnual report
「Attendance at the Nomination Committee during the 41st fiscal period, which held 4 meetings in total, was 100%.」
The number of Nomination Committee meetings increased from 2 in the 40th fiscal period to 4 in the 41st fiscal period, with a 100% attendance rate. The Compensation Committee also held 4 meetings in total and had a 100% attendance rate. - FY2023AdvancedAnnual report
「Attendance at the Nomination Committee during the 40th fiscal period, which held 2 meetings in total, was 100%.」
The Nomination Committee operated with 5 members, including outside directors who are Audit and Supervisory Committee members, held 2 meetings during the 40th fiscal period and had a 100% attendance rate. The disclosure also states that the Compensation Committee held 2 meetings in total and had a 100% attendance rate. - FY2021First statedAnnual report
「We have adopted the company-with-an-audit-and-supervisory-committee system. We have also established a Nomination Committee and a Compensation Committee as advisory committees to the Board of Directors. The Nomination Committee consists of 2 directors excluding directors who are Audit and Supervisory Committee members and 3 outside directors who are Audit and Supervisory Committee members. The Compensation Committee consists of 2 directors excluding directors who are Audit and Supervisory Committee members and 3 outside directors who are Audit and Supervisory Committee members.」
This is the first thread describing the system under which the Nomination Committee and Compensation Committee, established as advisory committees to the Board of Directors and including outside directors, make recommendations concerning the appointment and dismissal of directors and director compensation.