Greater Transparency in the Decision-Making Process Through a Voluntary Nomination and Compensation Committee
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2025.
- FY2025Committee composition changedAnnual report
「As a voluntary advisory body to the Board of Directors, we have established a nomination and compensation committee comprising 6 members: the Representative Director and President and 5 outside directors (from 17 December 2024, comprising the Representative Director and President and 4 outside directors, for a total of 5 members).」
Following the departure of an outside director, the composition of the nomination and compensation committee changed from 6 members to 5. The Company also disclosed that the nomination committee had held 3 meetings and the compensation committee 1 meeting. - FY2024AdvancedAnnual report
「During the fiscal year under review, the Company held 3 meetings of the voluntary nomination committee and 1 meeting of the voluntary compensation committee.」
The Company disclosed that the voluntary nomination and compensation committees had held 3 nomination meetings and 1 compensation meeting, with Outside Director Fujioka Tatsuo (藤岡龍生) serving as chair. - FY2022AdvancedAnnual report
「As a voluntary advisory body to the Board of Directors, we have established a nomination and compensation committee comprising 6 members: the Representative Director and President and 5 outside directors. In response to referrals from the Board of Directors, we have established a framework to enhance the fairness, objectivity and transparency of the decision-making process regarding the appointment and dismissal of directors and other officers and director compensation. Outside Director Fujioka Tatsuo (藤岡龍生) serves as chair.」
The operating framework for the voluntary nomination and compensation committee was specified, including its 6-member composition and an outside director serving as chair. - FY2021First statedAnnual report
「As a voluntary advisory body to the Board of Directors, we have established a nomination and compensation committee comprising the Representative Director and President and 5 outside directors. In response to referrals from the Board of Directors, we have established a framework to enhance the fairness, objectivity and transparency of the decision-making process regarding the appointment and dismissal of directors and other officers and director compensation.」
A voluntary nomination and compensation committee comprising the Representative Director and President and 5 outside directors was established to enhance the fairness, objectivity and transparency of decisions on officer appointments, dismissals and compensation.