Governance structure
The Voluntary Nomination and Compensation Advisory Committee has been repositioned, changing from an advisory body to the Representative Director to an advisory body to the Board of Directors. The committee chair is an outside director, and outside directors constitute a majority of the committee.
| Item | Details |
|---|---|
| Committee | Name Voluntary Nomination and Compensation Advisory Committee / Percentage of outside members Outside directors constitute a majority of the committee |
| Changes this time | The Voluntary Nomination and Compensation Advisory Committee has been repositioned, changing from an advisory body to the Representative Director to an advisory body to the Board of Directors. The committee chair is an outside director, and outside directors constitute a majority of the committee. |
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.To ensure that the Board of Directors appropriately participates in the nomination and compensation of management and exercises its oversight function more clearly. Also, to ensure the fairness, transparency and objectivity of the committee.