Establishment of the Nomination and Compensation Advisory Committee
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The committee met 11 times during the fiscal year and primarily deliberated on the determination and performance assessment of performance-linked incentive metrics and the structure of the next Board of Directors.」
The Nomination and Compensation Advisory Committee met 11 times and deliberated on performance-linked incentive metrics and performance assessments, candidates for the next Board of Directors, methods for evaluating non-financial metrics and other matters. - FY2025AdvancedAnnual report
「The committee met 10 times during the fiscal year, made recommendations to the Board of Directors on the transition to a company with an Audit & Supervisory Committee and revisions to the executive compensation system, and selected new outside director candidates based on its review of the skills matrix.」
The Nomination and Compensation Advisory Committee met 10 times and deliberated on and made recommendations regarding changes to the corporate governance structure, revisions to the executive compensation system and the selection of new outside director candidates. - FY2024ReframedAnnual report
「The committee consisted of 3 outside directors, 1 outside Audit & Supervisory Board member and 1 inside director. An outside director was elected by the committee to serve as chair, and the executive overseeing the Corporate Planning Department served as secretariat. The committee met 8 times during the fiscal year, made recommendations to the Board of Directors on the management structure and other matters in light of diversity, and submitted recommendations on individual compensation amounts for directors, including cash compensation and share-based compensation, based on resolutions of the Board of Directors.」
The Nomination and Compensation Advisory Committee changed to a composition of 3 outside directors, 1 outside Audit & Supervisory Board member and 1 inside director, and deliberated on revisions to the executive compensation system, including non-financial metrics. - FY2023AdvancedAnnual report
「The committee met 11 times during the fiscal year, made recommendations to the Board of Directors on the management structure and other matters in light of diversity, and determined the individual compensation amounts for directors, including cash compensation and share-based compensation, based on resolutions of the Board of Directors. Key matters deliberated included: the structure of the Company's Board of Directors based on diversity and the skills matrix; the selection of candidates for the next Board of Directors, including directors, Audit & Supervisory Board members and substitute Audit & Supervisory Board members; and discussions toward revising the executive compensation system.」
The Nomination and Compensation Advisory Committee met 11 times during the year and deliberated on the Board of Directors structure, candidate selection and revisions to the compensation system, taking diversity and the skills matrix into account, in addition to determining compensation. - FY2022AdvancedAnnual report
「The committee met 11 times during the fiscal year, made recommendations to the Board of Directors on the management structure and other matters, and determined the individual compensation amounts for directors, including cash compensation and share-based compensation, based on resolutions of the Board of Directors.」
The Nomination and Compensation Advisory Committee met 11 times during the fiscal year, recommended the management structure and other matters, and determined individual compensation amounts for directors, including cash compensation and share-based compensation. - FY2021AdvancedAnnual report
「During the fiscal year, the committee made recommendations to the Board of Directors on the management structure and succession planning, among other matters, and determined the individual compensation amounts for directors, including cash compensation and share-based compensation, based on resolutions of the Board of Directors. Committee attendance was 100.0%.」
The Nomination and Compensation Advisory Committee disclosed that it had determined individual compensation amounts, including cash compensation and share-based compensation, in addition to making recommendations on the management structure and succession planning. - FY2020AdvancedAnnual report
「During the fiscal year, the committee made recommendations to the Board of Directors on the management structure and succession planning, among other matters, and determined the individual compensation amounts (base compensation) for directors based on resolutions of the Board of Directors. Committee attendance was 100.0%.」
The Nomination and Compensation Advisory Committee disclosed that it had recommended the management structure and succession planning and determined individual base compensation for directors. Attendance was 100.0%. - FY2019First statedAnnual report
「The Nominating and Compensation Advisory Committee was established as an advisory body to the Board of Directors on 21 June 2019. Its principal role is to provide recommendations to the Board of Directors concerning the appointment and dismissal of directors and Audit & Supervisory Board members, the selection and removal of representative directors and directors with titles, and director compensation. The committee consists of 2 outside directors and 2 inside directors. An outside director is elected as chair by mutual election, and an executive officer responsible for the Corporate Planning Department serves as the secretariat.」
A committee providing recommendations to the Board of Directors on the appointment and dismissal of directors and Audit & Supervisory Board members, the selection and removal of representative directors and other officers, and director compensation was newly established on 21 June 2019, with the involvement of outside directors.