Strengthening the Independence of Director Nominations and Compensation through the Nomination and Compensation Committee
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We have established the Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with a majority of its members being independent outside directors. The committee is chaired by Representative Director and President Nakano Tetsuya (中野鉄也), and its other members are Director Yamamoto Hiroaki (山本寛明), Outside Directors Taniguchi Seiichi (谷口誓一), Suenaga Kumiko (末永久美子) and Yoshioka Fumifumi (吉岡理文). The committee is intended to strengthen the independence and objectivity of the Board of Directors’ functions relating to the nomination of directors and Audit & Supervisory Board Members and director compensation, and to further enhance corporate governance. The committee met 4 times during the fiscal year.」
The company reconfirms the chair, composition and areas of responsibility of the Nomination and Compensation Committee, which has a majority of independent outside directors, as well as its 4 meetings during the current fiscal year. - 2026-05-21RestatedGeneral Meetings of Shareholders
「The nominations of the director candidates have been made following a report from the Nomination and Compensation Committee, an advisory body to the Board of Directors whose members are composed predominantly of independent officers.」
The company has reaffirmed the Nomination and Compensation Committee's involvement in the process of nominating director candidates. - FY2024AdvancedAnnual report
「We have established the Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with a majority of its members being independent outside directors. The committee is chaired by Representative Director and President Nakata Yu (中田有), and its other members are Director Yamamoto Hiroaki (山本寛明), Outside Directors Taniguchi Seiichi (谷口誓一), Suenaga Kumiko (末永久美子) and Yoshioka Fumifumi (吉岡理文). The committee is intended to strengthen the independence and objectivity of the Board of Directors’ functions relating to the nomination of directors and Audit & Supervisory Board Members and director compensation, and to further enhance corporate governance. The committee met 4 times during the fiscal year, and all members attended every meeting.」
For the Nomination and Compensation Committee whose establishment was disclosed in the previous fiscal year, the company discloses its composition with a majority of independent outside directors, its role covering nominations and compensation, and its operating record of 4 meetings during the current fiscal year with all members in attendance. - FY2023First statedAnnual report
「On 6 March 2023, we established the Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with a majority of its members being independent outside directors. The committee is intended to strengthen the independence and objectivity of the Board of Directors’ functions relating to the nomination and compensation of directors and to further enhance corporate governance.」
For the first time, the company describes its establishment on 6 March 2023 of the Nomination and Compensation Committee, which has a majority of independent outside directors, as a measure to strengthen the independence and objectivity of the Board of Directors with respect to director nominations and compensation.