Improving Transparency in Officer Appointments and Compensation Decisions through Nomination and Compensation Advisory Committees
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: 2026-05-28.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- 2026-05-28AdvancedGeneral Meetings of Shareholders
「If Proposal No. 2, “Election of 10 Directors,” is approved, the committee composition is planned to be as follows.」
The planned compositions of the Nomination Committee, Compensation Committee, Audit Committee and Representative Executive Officer Evaluation Committee after the election are presented by candidate. - FY2025AdvancedAnnual report
「The Compensation Committee met 7 times in total during the fiscal year.」
The operating results of the structure centered on the 3 statutory committees and the Representative Executive Officer Evaluation Committee have been detailed, including the number of committee meetings held during the year, matters deliberated, the introduction of ESG evaluations and revisions to the officer compensation rules. - FY2024RestatedAnnual report
「In addition to the statutory Nomination Committee, Compensation Committee and Audit Committee, the Company has established the Representative Executive Officer Evaluation Committee as a voluntary committee for evaluating representative executive officers. It conducts important governance-related deliberations, including evaluations of senior management, with a high degree of objectivity and transparency under the leadership of outside directors.」
The Company continues to operate a system for deliberating on officer appointments and compensation led by outside directors and centered on the 3 statutory committees and the Representative Executive Officer Evaluation Committee. - FY2023AdvancedAnnual report
「In addition to the statutory Nomination Committee, Compensation Committee and Audit Committee, the Company has established the Representative Executive Officer Evaluation Committee as a voluntary committee for evaluating representative executive officers. It conducts important governance-related deliberations, including evaluations of senior management, with a high degree of objectivity and transparency under the leadership of outside directors.」
The new structure, consisting of the 3 statutory committees and the Representative Executive Officer Evaluation Committee, has been put into operation. In fiscal 2022, the Nomination Committee met 4 times and the Compensation Committee met 7 times. - FY2022ReframedAnnual report
「In addition to the statutory Nomination Committee, Compensation Committee and Audit Committee, the Company has established the Representative Executive Officer Evaluation Committee as a voluntary committee for evaluating representative executive officers. It conducts important governance-related deliberations, including evaluations of senior management, with a high degree of objectivity and transparency under the leadership of outside directors.」
The Company changed from the former Nomination and Compensation Advisory Committee to a structure centered on the statutory Nomination Committee, Compensation Committee and other bodies. - FY2020RestatedAnnual report
「As an advisory body to the Board of Directors, it deliberates proposals for the appointment and dismissal of candidates for directors and executive officers and their compensation, and submits its recommendations to the Board of Directors. It also advises the Board of Corporate Auditors on proposals for the appointment and dismissal of candidates for corporate auditors and their compensation.」
The Nomination and Compensation Advisory Committee continues to deliberate on the appointment, dismissal and compensation of directors and executive officers and advise the Board of Corporate Auditors. - FY2019ReframedAnnual report
「The committee is chaired by the representative director and president and consists of 5 members: 2 outside directors, Inasaki Ichiro (稲﨑 一郎) and Tamura Shinichi (田村 進一); 1 outside corporate auditor, Mimata Chikara (巳亦 力); and 1 former director, Mizorogi Hitoshi (溝呂木 斉). As an advisory body to the Board of Directors, it deliberates proposals for the appointment and dismissal of candidates for directors and executive officers and their compensation, and submits its recommendations to the Board of Directors. It also advises the Board of Corporate Auditors on proposals for the appointment and dismissal of candidates for corporate auditors and their compensation.」
The Nomination and Compensation Advisory Committee consists of 5 members: the representative director and president, 2 outside directors, 1 outside corporate auditor and 1 former director. Its scope of functions has been expanded beyond deliberating on appointment proposals to include dismissal proposals and advice to the Board of Corporate Auditors. - FY2018RestatedAnnual report
「The Nomination and Compensation Advisory Committee consists of the representative director and president, the chairman of the Board of Directors, 2 outside directors and 1 outside corporate auditor. As an advisory body to the Board of Directors, it deliberates proposals for appointing candidates for directors and executive officers and their compensation, and submits its recommendations to the Board of Directors.」
The 5-member Nomination and Compensation Advisory Committee, including outside officers, continues to deliberate on appointments and compensation. - FY2016First statedAnnual report
「In June 2015 (Heisei 27), the existing committee was reorganized and the Nomination and Compensation Advisory Committee was established to address the nomination and compensation of directors and executive officers. The committee consists of the representative director and chairman, the representative director and president, 2 outside directors and 1 outside corporate auditor. As an advisory body to the Board of Directors, it deliberates proposals for appointing candidates for directors and executive officers and their compensation, and submits its recommendations to the Board of Directors.」
In June 2015, the existing Compensation Advisory Committee was reorganized into a structure in which 5 members, including outside officers, deliberate on nominations and compensation. It met 7 times in the fiscal year ended March 2016.