Enhancing Fairness in Executive Appointments and Compensation through Voluntary Nomination and Compensation Committees
First written in FY2025. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Our nomination and compensation committee is chaired by independent outside director Okubo Shuzo (大久保修三) and consists of our representative director and president, Wakumoto Yoshihisa (涌本宜央), independent outside audit & supervisory board member Nagai Yasushi (永井康) and independent outside audit & supervisory board member Wakayama Mitsunori (若山満教), for a total of 4 members.」
The nomination and compensation committee expanded from 3 members previously to 4 members, met 3 times during the fiscal year, and deliberated on the succession plan and individual compensation for directors. - FY2025First statedAnnual report
「To strengthen the fairness, transparency and objectivity of procedures concerning the nomination and compensation of directors and audit & supervisory board members and enhance our corporate governance, the committee deliberates on matters referred to it by the board of directors as an advisory body to the board and submits its deliberation results to the board.」
Disclosed a system under which a voluntary nomination and compensation committee, including outside officers, operates as an advisory body to the board of directors to enhance the fairness, transparency and objectivity of officer nominations and compensation.