Enhancing the Transparency of Nomination and Compensation Procedures through the Nomination and Compensation Committee
First written in FY2019. 4 of 6 entries say "Advanced", first in FY2020. Latest entry: 2026-10-14.
- 2026-10-14AdvancedGovernance
「The Nomination and Compensation Committee, a majority of whose members are independent outside directors, is continuously considering candidates for the next chief executive officer (CEO).」
Regarding the succession plan overseen by the Nomination and Compensation Committee, the company describes setting candidate requirements, selecting multiple candidates, and developing them systematically. - FY2026AdvancedAnnual report
「During the current consolidated fiscal year, the Nomination and Compensation Committee met 6 times, and all committee members attended every meeting. In addition to discussing the succession plan for the chief executive officer, which was referred to it by the Board of Directors, and examining the policies and procedures for nominating senior management executives, including executive officers, the committee deliberated on proposals for the election of officers to be submitted to the annual general meeting of shareholders held in June 2026, including the skills matrix, and the individual compensation of directors other than outside directors, and made recommendations to the Board of Directors.」
The number of committee meetings increased from 4 in the previous fiscal year to 6, and the committee deliberated on the succession plan, nomination of executive officers, skills matrix and individual compensation. - FY2024Update to the number of committee meetings and matters deliberatedAnnual report
「During the current consolidated fiscal year, the Nomination and Compensation Committee met 4 times, and all committee members attended every meeting. In addition to discussing the succession plan for the chief executive officer, which was referred to it by the Board of Directors, and examining the policies and procedures for nominating senior management executives, including executive officers, the committee deliberated on proposals for the election of officers to be submitted to the annual general meeting of shareholders held in June 2024, including the skills matrix, and the individual compensation of directors other than outside directors, and made recommendations to the Board of Directors.」
The Nomination and Compensation Committee met 4 times and deliberated on the succession plan, nomination of executive officers, skills matrix and individual compensation, among other matters. - FY2021AdvancedAnnual report
「During the current consolidated fiscal year, the Nomination and Compensation Committee met 5 times, and all committee members attended every meeting. In addition to discussing the succession plan for the chief executive officer, which was referred to it by the Board of Directors, and examining the policies and procedures for nominating senior management executives, including executive officers, the committee deliberated on proposals for the election of officers to be submitted to the annual general meeting of shareholders held in June 2021, including the skills matrix, and proposals to change the compensation system, and made recommendations to the Board of Directors.」
The number of meetings of the Nomination and Compensation Committee increased from 4 in the previous fiscal year to 5, and its deliberations came to cover specific matters including the succession plan, nomination policy for executive officers, skills matrix and changes to the compensation system. - FY2020AdvancedAnnual report
「During the current consolidated fiscal year, the Nomination and Compensation Committee met 4 times, and all committee members attended every meeting.」
The Nomination and Compensation Committee that was established is now operating in practice and has moved to the stage of deliberating and making recommendations on the selection and dismissal of directors, independence, and compensation policies and levels. - FY2019First statedAnnual report
「The company has established a Nomination and Compensation Committee as an advisory body to the Board of Directors, with the aim of enhancing the fairness, transparency and objectivity of procedures relating to the nomination and compensation of directors.」
At a Board of Directors meeting held on 26 June 2019, the company decided to establish a Nomination and Compensation Committee comprising 1 representative director and 2 outside directors.