Improving Transparency in Director Nomination and Compensation Procedures Through the Nomination and Compensation Advisory Committee
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025The Nomination and Compensation Advisory Committee met 6 timesAnnual report
「During the fiscal year, the Company held 6 meetings of the Nomination and Compensation Advisory Committee, a voluntary advisory body to the Board of Directors.」
The Nomination and Compensation Advisory Committee held 6 meetings during the fiscal year to deliberate on director candidates, individual compensation, the medium-term management plan, performance-linked compensation, the skills matrix and other matters. - FY2023AdvancedAnnual report
「During the fiscal year, the Company held 8 meetings of the Nomination and Compensation Advisory Committee, a voluntary advisory body to the Board of Directors.」
The Nomination and Compensation Advisory Committee held 8 meetings during the fiscal year to deliberate on the medium-term management plan, performance-linked compensation, the evaluation of the Board of Directors’ effectiveness, the skills matrix and candidates for the next generation of management. - FY2021RestatedAnnual report
「The Nomination and Compensation Advisory Committee aims to strengthen the Board of Directors’ supervisory function and further enhance the corporate governance framework by improving the fairness, transparency and objectivity of procedures for deciding director nominations, compensation and other matters.」
The policy of improving the transparency of nomination and compensation procedures and strengthening the supervisory function through the Nomination and Compensation Advisory Committee continues. - FY2020First statedAnnual report
「In August 2019, the company established the voluntary Nomination and Compensation Advisory Committee to strengthen its oversight functions and further enhance its corporate governance framework by improving the fairness, transparency and objectivity of procedures for determining the nomination and compensation of directors and other matters.」
For the first time, the establishment of a voluntary advisory committee to enhance the fairness, transparency and objectivity of decisions on director nominations and compensation is described as a standalone topic.