Deliberations by the Nomination and Compensation Committee on executive compensation
First written in FY2021. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Held a total of 5 meetings during fiscal 2025 (60 minutes each) to deliberate on proposals for the appointment and composition of directors and executive officers based on evaluations of effectiveness, including the optimization of the governance structure and potential future changes to the organizational design, as well as succession development plans, and to consider revisions to the compensation structure based on objective market data and performance-linked compensation.」
The Nomination and Compensation Committee held 5 meetings to deliberate on the governance structure, appointments and composition, succession development, the compensation structure and performance-linked compensation. - FY2024AdvancedAnnual report
「Activity status: Held 5 meetings during fiscal 2023, each lasting 90 minutes. The committee deliberated on the appropriateness of the Board of Directors' composition and proposed nominees based on the effectiveness assessment, reviewed the current status of performance-linked and share-based compensation systems for directors and executive officers, confirmed the content of evaluations of directors and executive officers, and reviewed the content of internal executive rules, including rules governing executive officer conduct.」
The Nomination and Compensation Committee held 5 meetings during fiscal 2023 and deliberated on the composition of the Board of Directors, candidate nominations, performance-linked and share-based compensation, and executive evaluations. - FY2023AdvancedAnnual report
「Activity status: Held 10 meetings during fiscal 2022, each lasting 90 minutes. The committee deliberated on the appropriateness of the Board of Directors' composition and proposed nominees based on the effectiveness assessment, reviewed the current status of the compensation system for directors and executive officers, including compensation ratios, performance-linked compensation, and share-based compensation, considered the appropriateness of proposed revisions to the system, including fixed compensation, performance-linked compensation, and share-based compensation, and reviewed succession plans, the executive evaluation system, and the content of internal executive rules, including terms of office.」
The Nomination and Compensation Committee held 10 meetings during fiscal 2022 and deliberated specifically on the composition of the Board of Directors, candidate nominations, the compensation system, the succession plan, and the executive evaluation system. - FY2021First statedAnnual report
「The Nomination and Compensation Committee was established as an advisory body to review the compensation structure for directors and executive officers, the appropriateness of compensation proposals submitted to the Board of Directors, and other matters, and to report the results of its reviews to the Board of Directors. It has also reviewed whether to introduce a share-based compensation program and the appropriateness of the annual share-based compensation points.」
The company provided specific disclosure on the functions of the Nomination and Compensation Committee, including its review of the compensation structure and share-based compensation points for directors and executive officers and its recommendations to the Board of Directors.