Establishment of a Nomination and Compensation Committee
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the current fiscal year, the voluntary Nomination and Compensation Committee met 4 times and determined the recommendations to be submitted to the Board of Directors regarding candidates for director, representative director, CEO and COO positions.」
The Nomination and Compensation Committee met 4 times and determined recommendations regarding candidates for each position, in addition to reviewing compensation levels and systems and the executive evaluation system. - FY2023AdvancedAnnual report
「During the current fiscal year, the voluntary Nomination and Compensation Committee met 4 times and determined the recommendations to be submitted to the Board of Directors regarding candidates for director, representative director, CEO and COO positions.」
The Nomination and Compensation Committee met 4 times and determined recommendations regarding candidates for director, representative director, CEO and COO positions, in addition to reviewing compensation levels and systems. - FY2021RestatedAnnual report
「The voluntary Nomination and Compensation Committee deliberates on the nomination and compensation of directors and the appointment and dismissal of the CEO and COO, among other matters, and makes recommendations to the Board of Directors, with the aim of strengthening the Board's independence, objectivity and accountability. As of the filing date, it comprises 3 outside directors.」
The Nomination and Compensation Committee continues to operate and comprises 3 outside directors, reflecting a structure focused on independence and objectivity. - FY2020AdvancedAnnual report
「In October 2019, the company established and began operating a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with outside directors constituting a majority of its members.」
The Nomination and Compensation Committee planned for FY2019 was established in October 2019 and has progressed to the operational stage. - FY2019First statedAnnual report
「To make the decision-making process regarding the nomination and compensation of directors and the appointment and dismissal of the CEO and COO more transparent and objective, we plan to establish a voluntary advisory body to the Board of Directors, the Nomination and Compensation Committee, chaired by an outside director.」
The planned establishment of a Nomination and Compensation Committee is disclosed for the first time, with the aim of improving the transparency and objectivity of the decision-making process for director nominations and compensation and the appointment and dismissal of the CEO and COO.