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Governance7094NexTone Inc.Information and Communications, Services and Others

Notice Regarding the Establishment of a Voluntary Nomination and Compensation Committee

The existing voluntary compensation committee was reorganized into a voluntary Nomination and Compensation Committee that handles the nomination and compensation of directors. The committee chair will be an independent outside director, and a majority of the committee members will also be independent outside directors.

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Governance structure

Committee1
Nomination and Compensation Committee: independent outside directors comprise a majority of the members (2 of 3)
Changes this time

The existing compensation committee was reorganized into a voluntary Nomination and Compensation Committee. 2 of the 3 committee members are independent outside directors, and the committee chair is also an independent outside director.

Governance structure
ItemDetails
CommitteeNomination and Compensation Committee: independent outside directors comprise a majority of the members (2 of 3)
Changes this timeThe existing compensation committee was reorganized into a voluntary Nomination and Compensation Committee. 2 of the 3 committee members are independent outside directors, and the committee chair is also an independent outside director.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 enhance the fairness, transparency and objectivity of decisions concerning executive appointments and executive compensation, and to further strengthen corporate governance.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Establishment of a Voluntary Nomination and Compensation Committee | NexTone Inc. (7094) timely disclosure | Komori