Strengthening the Objectivity of Management Nomination and Compensation through a Nomination and Compensation Committee
First written in FY2020. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the fiscal year under review, the Company held 9 meetings of the Nomination and Compensation Committee」
The number of Nomination and Compensation Committee meetings was disclosed as having increased from 5 in the previous fiscal year to 9, with deliberations on director candidates, selection of the representative director, succession planning and revisions to compensation determination methods, among other matters. - 2026-05-29AdvancedGovernance
「To establish a sustainable management structure, we will organize the pool of candidates for the president and management team and the relevant development policies, and continue to review them through the Nomination and Compensation Committee and the Board of Directors. Regarding the executive compensation system, we will continue considering performance-linked compensation and other mechanisms so that the system functions as a sound incentive contributing to increased corporate value over the medium to long term.」
The company identified organizing the candidate pool and development policies for succession planning, and considering performance-linked compensation mechanisms, as specific future issues. - FY2025Disclosed that the Nomination and Compensation Committee would meet 5 times annuallyAnnual report
「During the fiscal year under review, the Nomination and Compensation Committee held 5 meetings in connection with determining the compensation amounts of the Company's directors (excluding directors who are Audit and Supervisory Committee members). It deliberated on the compensation and performance evaluations of directors (excluding directors who are Audit and Supervisory Committee members) and executive officers, specifically considering the compensation policy, calculation methods, individual performance evaluations and compensation amounts, and submitted recommendations to the Board of Directors.」
The Nomination and Compensation Committee held 5 meetings during the fiscal year and deliberated on and made recommendations regarding the compensation policy, calculation methods, individual performance evaluations and compensation amounts. - FY2024AdvancedAnnual report
「During the fiscal year under review, the Nomination and Compensation Committee discussed the change of president, draft proposals for the election of directors and the selection of representative directors, evaluations of the performance of directors (excluding directors who are Audit and Supervisory Committee members), and compensation amounts for directors (excluding directors who are Audit and Supervisory Committee members), and submitted recommendations on these matters.」
The Nomination and Compensation Committee held 7 meetings and specifically deliberated on and made recommendations regarding the change of president, election of directors, performance evaluations and compensation amounts. - FY2022AdvancedAnnual report
「During the fiscal year under review, the Nomination and Compensation Committee held 7 meetings with all members in attendance. It deliberated on the compensation and performance evaluations of directors (excluding directors who are Audit and Supervisory Committee members) and executive officers, specifically considering the compensation policy, calculation methods, individual performance evaluations and compensation amounts, and submitted recommendations to the Board of Directors.」
The Nomination and Compensation Committee held 7 meetings during the fiscal year and deliberated on and made recommendations regarding the compensation policy, calculation methods, individual performance evaluations and compensation amounts. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 February 2021, the Company resolved its policy for determining the details of individual directors' compensation, etc. … As a guideline, when the KPI is achieved at 100%, the ratio of individual directors' compensation, etc. is set at basic compensation:performance-linked compensation, etc.:non-monetary compensation, etc. = 7:1.5:1.5」
The Company resolved its policy for individual compensation based on the recommendations of the Nomination and Compensation Committee and specified the compensation mix when the KPI is achieved. - FY2020First statedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors' functions relating to the nomination and compensation of executive officers and directors (excluding directors who are Audit and Supervisory Committee members), we have established a voluntary Nomination and Compensation Committee as an advisory body to the Board. Independent outside directors constitute a majority of the committee.」
A voluntary Nomination and Compensation Committee, with independent outside directors constituting a majority, has been established to enhance the independence and objectivity of the Board of Directors in matters relating to nomination and compensation.