Review of Executive Compensation Policy by a Voluntary Compensation Committee
First written in FY2021. 2 of 5 entries say "Restated". Latest entry: 2026-06-22.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- 2026-06-22RestatedGovernance
「Nomination and Compensation Committee」
The corporate governance framework chart indicates that the Nomination and Compensation Committee remains in place. - FY2026Change in the chair and committee compositionAnnual report
「The appointment and dismissal of directors and the determination of executive compensation are subject to deliberation and recommendations by a nomination and compensation committee, more than half of whose members are independent outside officers, with the aim of enhancing the fairness, transparency and objectivity of these procedures. The committee members are appointed by the Board of Directors, and the committee consists of 5 members, chaired by the Representative Director and Chairman.」
The nomination and compensation committee continues to have 5 members, with independent outside officers comprising a majority, and the chair changed from the Representative Director, President and Executive Officer to the Representative Director and Chairman. - 2026-05-28RestatedGeneral Meetings of Shareholders
「The Company’s Nomination and Compensation Committee has advised that introducing the Plan is appropriate, taking into account its objectives and the effect of providing incentives to improve performance over the medium to long term.」
The Company reconfirmed the process by which the Nomination and Compensation Committee reviews and advises on proposed executive compensation plans. - FY2022AdvancedAnnual report
「The appointment and dismissal of directors and the determination of executive compensation are subject to deliberation and recommendations by a nomination and compensation committee, more than half of whose members are independent outside officers, with the aim of enhancing the fairness, transparency and objectivity of these procedures. The committee members are appointed by the Board of Directors, and the committee consists of 5 members, chaired by the Representative Director, President and Executive Officer.」
In addition to the previous disclosure on the voluntary compensation committee, describes the specific structure of the nomination and compensation committee, which also covers the appointment and dismissal of directors, with independent outside officers comprising a majority of its 5 members. - FY2021First statedAnnual report
「In determining the policy for determining compensation, the voluntary compensation committee conducts a multifaceted review of the draft proposal, including whether it is consistent with the policy for determining compensation. The Company therefore generally respects the committee’s recommendations and has the Board of Directors make the final decision.」
Describes the process under which the voluntary compensation committee conducts a multifaceted review of the draft executive compensation policy and the Board of Directors makes the decision while respecting the committee’s recommendations.