Deliberation on Executive Compensation by the Compensation Advisory Committee
First written in FY2021. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
65 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company ensures the independence of the Compensation Advisory Committee by making Independent Outside Directors a majority of its members and appointing an Outside Director as chair.」
The company continued the committee structure designed to ensure the independence of the Compensation Advisory Committee, while the number of meetings during the fiscal year increased from 4 in the previous fiscal year to 8. - FY2025Decrease in the number of Compensation Advisory Committee meetingsAnnual report
「The Compensation Advisory Committee met a total of 4 times during the fiscal year to deliberate on the compensation system, compensation levels and other matters for the fiscal year, and submitted recommendations to the Board of Directors.」
The Compensation Advisory Committee’s record of meetings and recommendations fell from 7 times in the previous fiscal year to 4 times. The committee’s policy of deliberating on the compensation system and compensation levels continues. - FY2024AdvancedAnnual report
「The Compensation Advisory Committee met a total of 7 times during the fiscal year to deliberate on the compensation system, compensation levels and other matters for the fiscal year, and submitted recommendations to the Board of Directors.」
The Compensation Advisory Committee’s record of meetings and recommendations increased from 5 times in the previous fiscal year to 7 times. - FY2023AdvancedAnnual report
「The Compensation Advisory Committee met a total of 5 times during the fiscal year to deliberate on the compensation system, compensation levels and other matters for the fiscal year, and submitted recommendations to the Board of Directors.」
The Compensation Advisory Committee’s record of meetings and recommendations increased from 4 times in the previous fiscal year to 5 times. - FY2022AdvancedAnnual report
「The Compensation Advisory Committee met a total of 4 times during the fiscal year to deliberate on the compensation system, compensation levels and other matters for the fiscal year, and submitted recommendations to the Board of Directors.」
The company reports 4 meetings and recommendations during the fiscal year, up from 2 in the previous disclosure, providing greater detail on the deliberation and operation of the executive compensation system. - FY2021First statedAnnual report
「The Compensation Advisory Committee was established as an advisory body to the Board of Directors. It comprises Representative Directors and 2 Independent Outside Directors, with Independent Outside Director Masuda Yoshihiko (増田 吉彦) as chair. The committee met a total of 2 times during the fiscal year to deliberate on the compensation system, compensation levels and other matters for the fiscal year, and submitted recommendations to the Board of Directors.」
It describes for the first time the composition of the Compensation Advisory Committee, chaired by an Independent Outside Director, and its record of meeting and submitting recommendations to the Board of Directors 2 times during the fiscal year.