Governance structure
The annual ceiling on directors’ cash compensation will be revised from ¥500 million to ¥1,000 million, and the ceiling for outside directors will be revised from ¥20 million to ¥50 million. The proportion of fixed compensation will be reduced relative to the other components, while the proportions of short-term performance-linked compensation and share-based compensation will be increased.
| Item | Details |
|---|---|
| Committee | Compensation Advisory Committee (a majority of whose members are independent outside directors) |
| Changes this time | The annual ceiling on directors’ cash compensation will be revised from ¥500 million to ¥1,000 million, and the ceiling for outside directors will be revised from ¥20 million to ¥50 million. The proportion of fixed compensation will be reduced relative to the other components, while the proportions of short-term performance-linked compensation and share-based compensation will be increased. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Expansion of the business scale, changes in the semiconductor industry’s operating environment, acquisition of global management talent, expanded social roles and responsibilities, alignment with global compensation levels and securing competitiveness in the competition for talent, greater value sharing with shareholders through stronger performance linkage, and increased flexibility in compensation system design.