Establishment of a compensation committee with a majority of outside directors
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2024.
- FY2024Update to committee activity resultsAnnual report
「The remuneration committee is to meet promptly after the previous fiscal year's financial results are finalized and otherwise meets as necessary.」
The company disclosed the remuneration committee's meeting and attendance records for the fiscal year under review; the committee is chaired by an outside director. - FY2023RestatedAnnual report
「The remuneration committee, an advisory body to the Board of Directors comprising a majority of outside directors and chaired by an outside director, deliberates on the details, amount and number of individual remuneration payments for directors. Following a report to the Board of Directors, the Board resolves the details, amount and number of individual remuneration payments for directors.」
It was confirmed that the remuneration committee, in which outside directors comprise a majority and an outside director serves as chair, deliberates, reports and adopts resolutions on remuneration. - FY2021RestatedAnnual report
「The remuneration committee, an advisory body to the Board of Directors comprising a majority of outside directors and chaired by an outside director, deliberates on the details, amount and number of individual remuneration payments for directors. Following a report to the Board of Directors, the Board resolves the details, amount and number of individual remuneration payments for directors.」
It was confirmed that remuneration is deliberated by a remuneration committee in which outside directors comprise a majority and an outside director serves as chair. - FY2020AdvancedAnnual report
「In addition, from the perspective of strengthening independence, objectivity and accountability, the remuneration committee decided at its meeting held on 24 March 2020 to change the chair of the remuneration committee from the CEO to an outside director from fiscal 2020, and this was approved by resolution of the Board of Directors on 31 March 2020.」
It was decided and approved by resolution of the Board of Directors that, from fiscal 2020, the chair of the remuneration committee would be changed from the CEO to an outside director. - FY2019First statedAnnual report
「To ensure transparency and objectivity in procedures for determining directors’ compensation, the Company established a compensation committee in April 2019 as a voluntary advisory body to the Board of Directors, with outside directors comprising a majority of its members.」
A remuneration committee, with outside directors comprising a majority, was established in April 2019 to ensure transparency and objectivity in director remuneration.