Establishment of a nomination and compensation committee
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The activities of the Nomination and Compensation Committee during the current fiscal year and most recently are as follows.」
The Nomination and Compensation Committee deliberated candidates for director of ASTOM R&D Co., Ltd., officer appointments at subsidiaries, and proposals concerning the appointment of directors, and its activities were recorded 7 times from March 2025 through April 2026. - FY2024AdvancedAnnual report
「Subsequently, at a meeting of the Board of Directors held on 14 April 2023, the Company reviewed the committee's functions and decided to include the nomination and compensation of corporate auditors within its scope. In principle, the committee comprises at least 3 officers, including independent outside directors, independent outside corporate auditors, and the representative director, with outside officers constituting a majority.」
The scope of the Nomination and Compensation Committee was expanded to include corporate auditors, and composition requirements of at least 3 members with a majority of outside officers were established. Committee rules were also developed, specifying its scope of operations and procedures. - FY2022RestatedAnnual report
「The committee most recently met 2 times from March through May 2022.」
The Nomination and Compensation Committee continues to operate the process for determining director appointments and compensation. - FY2021AdvancedAnnual report
「The committee most recently met 3 times from March through May 2021.」
The Nomination and Compensation Committee established in January 2020 progressed in its deliberation of director appointment and compensation policies, meeting 3 times in the most recent 3 months. - FY2020First statedAnnual report
「At a meeting of the Board of Directors held on 14 January 2020, the Company established a Nomination and Compensation Committee comprising at least 3 directors, including independent outside directors and the representative director, with outside directors constituting a majority, to improve the objectivity and transparency of the process for determining director appointments and compensation and further strengthen its corporate governance structure.」
In January 2020, the Company established a Nomination and Compensation Committee and introduced a structure to enhance the objectivity and transparency of the process for appointing directors and determining their compensation.