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Kyosan Electric Manufacturing (6742) · InitiativeAdvanced

Ensuring Objectivity in Remuneration Decisions through the Directors' Remuneration Regulations and the Nomination and Compensation Committee

First written in FY2021. 1 of 2 entries say "Advanced", first in FY2022. Latest entry: FY2022.

2entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY20212021: 120212022: 12022
Same theme, other companies
Ensuring Fairness and Transparency in Determining Directors’ RemunerationA theme 174 companies write about · 0 as a headwind · 172 as a tailwind

The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.

65 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 174 companies compared. The sentences above are computed from all 174.
Full recordFilings, disclosures and news, newest first
  1. FY2022AdvancedAnnual report

    「The method for determining the policy is for the Board of Directors to refer a draft policy to the Nomination and Compensation Committee for deliberation, after which the Board of Directors makes the decision based on the committee's recommendation.」

    The company explicitly stated that the Board of Directors determines the compensation policy under the Directors' Compensation Rules following consultation with and a recommendation from the Nomination and Compensation Committee.
  2. FY2021First statedAnnual report

    「At a meeting of the Board of Directors held on 21 February 2020, the company approved the Directors' Compensation Rules, which set out its policy for determining the amount of compensation and other remuneration for directors and the method of calculation. Under the rules, in-house directors receive fixed compensation, set according to the scope of their roles and areas of responsibility and the extent of their influence on Group management, in a range of ¥1,750 thousand to ¥5,450 thousand per month based on the directors' compensation standards table, as well as performance-linked bonuses determined according to performance, in a range of ¥0 to ¥165 million in total based on the directors' bonus payment standards table. Outside directors receive fixed compensation only.」

    The company established the Directors' Compensation Rules, setting the ranges for fixed compensation and performance-linked bonuses for in-house directors and providing for fixed compensation only for outside directors. It stated that the voluntary Nomination and Compensation Committee would review and make recommendations on compensation matters to ensure objectivity.
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Ensuring Objectivity in Remuneration Decisions through the Directors' Remuneration Regulations and the Nomination and Compensation Committee | Kyosan Electric Manufacturing Co.,Ltd. (6742) | Komori