Deliberation on Director Appointments and Compensation by the Nomination and Compensation Committees
First written in FY2017. 6 of 8 entries say "Advanced", first in FY2019. Latest entry: 2026-06-25.
- 2026-06-25RestatedGovernance
「Advisory bodies Nomination Committee Compensation Committee」
Reconfirms the structure in which the Nomination Committee and Compensation Committee serve as advisory bodies to the Board of Directors. No specific changes to the committee composition or meeting record are stated. The canonical thread remains unchanged. - FY2026AdvancedAnnual report
「During fiscal 2025, the Nomination Committee met a total of 5 times and deliberated the selection of director candidates and changes in executive officer assignments, among other matters.」
The Nomination Committee met 5 times and the Compensation Committee 2 times, deliberating director candidates, changes in executive officer assignments, and the appropriateness of executive officers’ compensation levels. - FY2023AdvancedAnnual report
「During fiscal 2022, the Compensation Committee met a total of 4 times and deliberated the appropriateness of executive officers’ compensation levels and the review of the performance-linked stock compensation plan, among other matters.」
The Compensation Committee met 4 times and deliberated the appropriateness of executive officers’ compensation and the review of the performance-linked stock compensation plan. - FY2022AdvancedAnnual report
「The Compensation Committee, a majority of whose members were independent outside directors, also met on 16 June 2021 and 22 February 2022. All committee members attended both meetings. The committee deliberated the appointment of its chairperson on 16 June 2021, and the appropriateness of executive officers’ compensation levels, as well as its internal rules and the internal rules for performance-linked payments, on 22 February 2022.」
The Compensation Committee met 2 times and deliberated the appointment of its chairperson, executive officers’ compensation levels, its internal rules, and the internal rules for performance-linked payments. - FY2021AdvancedAnnual report
「During the fiscal year, the Compensation Committee, a majority of whose members were independent outside directors, met on 30 August 2020 and 24 February 2021. All committee members attended both meetings. The committee deliberated amendments to its internal rules on 30 August 2020, and the appropriateness of compensation levels and amendments to the policy on directors’ compensation and other benefits on 24 February 2021.」
The Compensation Committee met 2 times and deliberated its internal rules, the appropriateness of compensation levels, and amendments to the directors’ compensation policy. The Board of Directors also resolved the policy amendments. - FY2020AdvancedAnnual report
「On 25 February 2020, the company held a meeting of the Compensation Committee, a majority of whose members are independent outside directors. All members attended, and the committee deliberated on the appropriateness of director compensation, revisions to the performance-linked compensation payment criteria, and the future structure of the compensation system. In addition, at a meeting of the Board of Directors held on 11 March 2020, the company deliberated on establishing a policy concerning director compensation and partially revising the payment criteria for profit-linked compensation.」
The Compensation Committee deliberated on revisions to the performance-linked compensation criteria and other matters, while the Board of Directors deliberated on establishing a compensation policy and revising the profit-linked compensation criteria. - FY2019AdvancedAnnual report
「On 25 February 2019, the company held a meeting of the Compensation Committee, a majority of whose members are independent outside directors. All members attended, and the committee deliberated on the appropriateness of director compensation, revisions to the performance-linked compensation payment criteria, and the future structure of the compensation system.」
The Compensation Committee met in practice, with independent outside directors comprising a majority of its members, and deliberated on compensation levels and performance-linked compensation criteria. - FY2017First statedAnnual report
「Although the Companies Act does not require the company to establish a Nomination Committee or Compensation Committee, it has established these committees as advisory bodies to the Board of Directors as part of a structure designed to further strengthen corporate governance.」
The company disclosed a system under which the Nomination Committee and Compensation Committee are established as advisory bodies to the Board of Directors, and director appointments and compensation are determined following deliberations involving outside directors and others.