Enhancing the Objectivity and Transparency of Decisions on Officer Appointments and Compensation through the Nomination and Compensation Committee
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Specific matters considered included the appointment and dismissal of directors, which are matters for resolution by the general meeting of shareholders; compensation and other matters for directors, excluding Audit and Supervisory Committee members; and succession planning, including development. The Committee held 3 meetings during the fiscal year.」
The Nomination and Compensation Committee held 3 meetings, up from 2 previously, and deliberated on appointments and dismissals, compensation and succession planning. - FY2024AdvancedAnnual report
「The Committee held 2 meetings during the fiscal year.」
The Nomination and Compensation Committee actually held 2 meetings and deliberated on the appointment and dismissal of directors, compensation and succession planning, among other matters. - FY2022First statedAnnual report
「We have established a Nomination and Compensation Committee as an advisory body to the Board of Directors on director appointments and executive compensation. A majority of its members are independent outside directors. The Committee deliberates on the appropriateness of proposed candidates for director positions and other executive personnel proposals, the basic policy for the executive compensation system, and compensation design for each fiscal year.」
The Company established a Nomination and Compensation Committee as an advisory body to the Board of Directors, with a majority of its members being independent outside directors, to improve the objectivity and transparency of deliberations and decision-making procedures concerning executive appointments and compensation. This was identified as a theme for the first time.