Policy for determining director compensation through voluntary committees centered on outside directors
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2026.
Advan Group moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「To further enhance transparency and objectivity in the director selection process and compensation determination, we have established a voluntary Nomination and Compensation Committee mainly comprising outside directors.」
The role of the existing voluntary committee, which focused on compensation decisions, has been expanded to a Nomination and Compensation Committee that also covers the director selection process. - FY2025RestatedAnnual report
「The compensation structure and compensation levels are to be deliberated by a voluntary committee mainly comprising outside directors, with the compensation determination process designed to enhance transparency and objectivity.」
The company continues its policy of determining director compensation following consultation with and recommendations from a voluntary committee mainly comprising outside directors. - FY2024RestatedAnnual report
「The compensation structure and compensation levels are to be deliberated by a voluntary committee mainly comprising outside directors, with the compensation determination process designed to enhance transparency and objectivity.」
The company continues its policy of determining director compensation following consultation with and recommendations from a voluntary committee mainly comprising outside directors. Director compensation consists solely of fixed compensation. - FY2022First statedAnnual report
「The compensation structure and compensation levels are to be deliberated by a voluntary committee mainly comprising outside directors, with the compensation determination process designed to enhance transparency and objectivity.」
Following the enforcement of the revised Companies Act, the company newly provided detailed disclosure of a compensation determination process under which the Board of Directors resolves the individual compensation policy and refers it to a voluntary committee mainly comprising outside directors for consultation and recommendations. The annual limit for director compensation is ¥750 million, and that for corporate auditors is ¥60 million.