Greater transparency in the appointment and dismissal of directors and executive officers and in remuneration decisions by the Nomination and Remuneration Advisory Committee
First written in FY2017. 2 of 3 entries say "Advanced", first in FY2019. Latest entry: FY2022.
75 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「The committee comprises members appointed by the Board of Directors from among the directors, with independent outside directors constituting a majority, thereby ensuring independence.」
The company explicitly states that the Nomination and Remuneration Committee has a majority of independent outside directors and is authorized to deliberate on proposals concerning appointments and dismissals and remuneration and make recommendations to the Board of Directors. - FY2019AdvancedAnnual report
「To clarify the basic policies and criteria applied when appointing and dismissing directors and executive officers and determining their remuneration, and to enhance fairness and transparency in the decision-making process, the company has established the Nomination and Remuneration Advisory Committee as an advisory body to the Board of Directors, comprising all outside officers and the director overseeing administration.」
The company provides specific details on the Nomination and Remuneration Advisory Committee's composition of all outside officers and the director overseeing administration, and its role in deliberating proposals on appointments and dismissals and remuneration and making recommendations to the Board of Directors. - FY2017First statedAnnual report
「To clarify the basic policies and criteria applied when appointing and dismissing directors and executive officers and determining their remuneration, and to enhance fairness and transparency in the decision-making process, the company has established the voluntary Nomination and Remuneration Advisory Committee as an advisory body to the Board of Directors, centered on outside directors and outside corporate auditors.」
For the first time, the company describes the establishment of a voluntary advisory committee to enhance the fairness and transparency of decisions on the appointment and dismissal of directors and executive officers and on remuneration.