Strengthening governance over director nominations through the Nominations Advisory Committee
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
61 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「During the response period for the 71st fiscal year, from February to November 2025, the committee met 6 times. With the aim of strengthening and advancing governance for director and officer nominations and compensation, it comprised the representative director and president and all outside officers, namely outside directors and outside corporate auditors, with 1 external attorney added as an adviser,」
The Nomination Advisory Committee was operated as the Nomination and Compensation Advisory Committee and met 6 times during the response period for the 71st fiscal year. It deliberated on director and officer nominations and compensation, comprising all outside officers, the president and an external attorney. - FY2023AdvancedAnnual report
「During the fiscal year, the Board of Directors resolved at its meeting in January 2023 to establish a voluntary Nomination and Compensation Advisory Committee, formed through the further development and reorganization of the voluntary Nomination Advisory Committee established the previous year, with the aim of strengthening and advancing governance for director and officer nominations and compensation.」
The former Nomination Advisory Committee was further reorganized as the Nomination and Compensation Advisory Committee, comprising all outside officers, the representative director and president, and 1 external attorney. - FY2022First statedAnnual report
「The Board of Directors resolved to establish a voluntary Nomination Advisory Committee chaired by outside director Igun Yasuharu (井雲 康晴), with all outside directors and outside corporate auditors and the representative director and president serving as members. The Nomination Advisory Committee subsequently established a policy for nominating directors and corporate auditors, selected outside directors and outside corporate auditors based on that policy, and submitted its recommendations to the Board of Directors.」
The company describes a mechanism under which a voluntary Nomination Advisory Committee, centered on outside officers, establishes a policy for nominating officers and submits recommendations to the Board of Directors.