Operation of the Executive Officer System by the Nomination and Compensation Advisory Committee
First written in FY2018. 6 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026AchievedAnnual report
「In fiscal 2024, a third-party organisation with extensive experience and expertise joined the Nomination and Compensation Advisory Committee, and following discussions, the compensation policy and compensation structure were revised and implementation began in fiscal 2025.」
Regarding the revision of the compensation policy and compensation structure with the addition of a third-party organisation, the company stated that implementation would begin in fiscal 2025, moving from the planning stage in the previous fiscal year to implementation. - 2026-06-03RestatedGeneral Meetings of Shareholders
「The details of this proposal were decided by the Board of Directors following a recommendation from the voluntary Nomination and Compensation Advisory Committee, a majority of whose members are independent officers.」
The Company has reaffirmed its compensation decision-making process through a Nomination and Compensation Advisory Committee, a majority of whose members are independent officers. - FY2025AdvancedAnnual report
「A third-party organisation with extensive experience and expertise is currently participating in the Nomination and Compensation Advisory Committee, and discussions are being held toward revising the compensation policy and compensation structure. The compensation system is scheduled to be revised and implemented from fiscal 2025.」
Regarding the Nomination and Compensation Advisory Committee, discussions are under way to revise the compensation system with the addition of a third-party organisation, and the planned implementation of the revisions from fiscal 2025 has been specified. - FY2024AdvancedAnnual report
「Number of meetings 6」
The company disclosed that the Nomination and Compensation Advisory Committee held 6 meetings during the fiscal year and deliberated on and decided candidate selection, compensation policy, individual compensation and restricted stock compensation. - FY2023AdvancedAnnual report
「Number of meetings: 5」
Regarding the Nomination and Compensation Advisory Committee, the company disclosed that it held 5 meetings during the fiscal year and deliberated on the selection of candidates for directors and executive officers, compensation policy and individual compensation. - FY2022AdvancedAnnual report
「Number of meetings Approximately 4 per year; 6 meetings were held in fiscal 2021」
Regarding the Nomination and Compensation Advisory Committee, the company disclosed that it held 6 meetings in fiscal 2021 and continued to have an independent officer serve as chair. - FY2021AdvancedAnnual report
「From fiscal 2021, the chair will be an outside director who is an independent officer.」
Regarding the Nomination and Compensation Advisory Committee, the company changed its arrangements from fiscal 2021 to have an independent outside director serve as chair, with the aim of increasing transparency in the compensation decision-making process. - FY2019AdvancedAnnual report
「In fiscal 2018, the Nomination and Compensation Advisory Committee met 4 times to deliberate on the nomination of directors and audit & supervisory board members, policies concerning director compensation, and the restricted stock compensation plan, and submitted its recommendations to the Board of Directors, which made the decisions.」
The Nomination and Compensation Advisory Committee established by the company met 4 times in fiscal 2018, deliberated on nominations, compensation and the stock-based compensation plan, and submitted its recommendations to the Board of Directors. - FY2018First statedAnnual report
「The company has established a Nomination and Compensation Advisory Committee to consider important matters concerning the nomination of officers and compensation for directors and to submit its conclusions to the Board of Directors.」
The company has disclosed the establishment of an advisory committee to consider officer nominations and director compensation and submit its recommendations to the Board of Directors.