Enhancing the Transparency of the Executive Compensation Decision-Making Process Through the Remuneration Review Committee
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2023.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「During the fiscal year, the company held 3 meetings of the Compensation Review Committee. Attendance by each compensation committee member was as follows.」
The Compensation Review Committee, comprising a majority of independent outside directors, held 3 meetings to prepare individual compensation proposals, review the compensation policy and discuss the determination method. - FY2022AdvancedAnnual report
「For fiscal 2022, the basic compensation for individual directors was determined by the Board of Directors at its meeting held on 29 June 2022, following deliberation on the specific amounts based on the draft proposal submitted by the Compensation Review Committee. The committee, comprising a majority of independent outside directors, prepared the draft proposal at its meeting held on 1 June 2022.」
The Compensation Review Committee, comprising a majority of independent outside directors, was convened in practice, and the Board of Directors determined individual compensation based on the committee's draft proposal. - FY2021First statedAnnual report
「The company will establish a Compensation Review Committee, a majority of whose members will be independent outside directors, to ensure transparency in the process for determining compensation for individual directors.」
On 8 February 2021, the company established an executive compensation policy and introduced a system under which draft proposals for individual director compensation are prepared through a Compensation Review Committee comprising a majority of independent outside directors. Limits of ¥160 million and 25,000 points per year have been set for share-based compensation.