Improving the Objectivity and Independence of the Executive Compensation Decision-Making Process
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 14 of 95 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the Company held 2 meetings of the Nomination Committee and 5 meetings of the Compensation Committee. Matters considered included the Nomination Committee's selection of director candidates and the appointment and retirement of executive officers, as well as the Compensation Committee's consideration of monthly compensation, bonuses and stock-based compensation for directors and executive officers.」
The Company has specifically disclosed the activities and matters considered by the Nomination and Compensation Committees, chaired by outside directors. - FY2024RestatedAnnual report
「To enhance the independence and transparency of the decision-making process concerning the appointment and dismissal, nomination and compensation of directors and executive officers, we have established a Nomination Committee, which deliberates and makes recommendations on matters concerning the appointment, promotion and dismissal of directors and executive officers, and a Compensation Committee, which deliberates and makes recommendations on matters concerning the design of compensation systems for directors and executive officers.」
The Company continues to operate the process for appointing and dismissing executives and determining their compensation through its Nomination and Compensation Committees. - FY2022RestatedAnnual report
「We have established a Nomination Committee, which deliberates and makes recommendations on matters concerning the appointment, promotion and dismissal of directors and executive officers, and a Compensation Committee, which deliberates and makes recommendations on matters concerning the design of compensation systems for directors and executive officers.」
The Company continues to maintain a structure through its Nomination and Compensation Committees to enhance the independence and transparency of the process for appointing and dismissing executives and determining their compensation. - FY2020AchievedAnnual report
「To enhance the independence and transparency of the decision-making process concerning the appointment and dismissal, nomination and compensation of directors and executive officers, we have established a Nomination Committee, which deliberates and makes recommendations on matters concerning the appointment, promotion and dismissal of directors and executive officers, and a Compensation Committee, which deliberates and makes recommendations on matters concerning the design of compensation systems for directors and executive officers.」
Regarding the independent compensation determination process that was under consideration in the previous fiscal year, the Company has disclosed a structure under which compensation is determined following deliberation and recommendations by a Compensation Committee. - FY2019First statedAnnual report
「In connection with compensation for the Company's executives, we are considering establishing an independent advisory committee to further enhance the objectivity and independence of the compensation determination process.」
The Company has newly disclosed that it is considering establishing an independent advisory committee for the executive compensation determination process.