Enhancing Transparency in the Executive Compensation Determination Process Through the Nomination and Compensation Advisory Committee
First written in FY2021. 4 of 7 entries say "Advanced", first in FY2022. Latest entry: 2026-06-29.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- 2026-06-29RestatedGovernance
「Nomination and Compensation Advisory Committee Advice Recommendation」
The Nomination and Compensation Advisory Committee was reconfirmed as operating within an advice-and-recommendation relationship with the Board of Directors. - FY2026Update to committee activity breakdownAnnual report
「During the fiscal year under review, we held 5 meetings of the Nomination and Compensation Advisory Committee (1 on nominations and 4 on compensation).」
The Nomination and Compensation Advisory Committee held 5 meetings, the same as in the previous fiscal year, but the breakdown was 1 on nominations and 4 on compensation. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「The outline of the process for determining directors' compensation is as follows. The company has established a Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors. A majority of its members are outside directors, and its chair is an outside director. To strengthen fairness, transparency and objectivity, the committee deliberates on matters and submits recommendations to the Board of Directors. The Board then resolves to delegate the decision to the joint deliberation of the representative directors, while giving maximum respect to the committee's recommendations and staying within the amounts approved at the General Meeting of Shareholders and prescribed by company regulations.」
The disclosed process for determining compensation through the Nomination and Compensation Advisory Committee included a majority of outside directors, an outside-director chair, deliberation and recommendations by the committee, and respect for those recommendations by the Board of Directors. - FY2025AdvancedAnnual report
「During the fiscal year under review, we held 5 meetings of the Nomination and Compensation Advisory Committee (2 on nominations and 3 on compensation).」
The operating track record of the Nomination and Compensation Advisory Committee was updated from 4 meetings in the previous fiscal year to 5 (2 on nominations and 3 on compensation). - FY2023AdvancedAnnual report
「During the fiscal year under review, we held 4 meetings of the Nomination and Compensation Advisory Committee (1 on nominations and 3 on compensation).」
The Nomination and Compensation Advisory Committee established in March 2021 held 1 meeting on nominations and 3 on compensation during the fiscal year under review, with its operating track record disclosed in concrete terms. - FY2022AdvancedAnnual report
「As part of the activities involved in determining directors' compensation and other benefits for fiscal 2021, the Nomination and Compensation Advisory Committee deliberated and submitted its recommendations to the board of directors in June 2021. At a board meeting held in June 2021, the board resolved to place maximum respect on the committee's recommendations and delegate the decision to a consultation among the representative directors, within the amount authorized by the shareholders' meeting resolution and the company's regulations.」
The Nomination and Compensation Advisory Committee established in March 2021 advanced to the operational stage, actually deliberating on compensation and submitting recommendations to the board of directors. - FY2021First statedAnnual report
「We established the Nomination and Compensation Advisory Committee as an advisory body to the board of directors to strengthen the fairness, transparency, and objectivity of procedures for determining the nomination and compensation of directors and executive officers with titles. We established the Nomination and Compensation Advisory Committee in March 2021.」
In March 2021, we established the Nomination and Compensation Advisory Committee, with outside directors constituting a majority and an outside director serving as chair, and introduced a system to enhance the fairness, transparency, and objectivity of nomination and compensation decisions.