Establishment of a Remuneration Advisory Committee
First written in FY2019. 3 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2024.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
65 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The main activities of the Compensation Advisory Committee during the fiscal year were as follows: • 21 December 2023: Deliberation on performance-linked compensation and stock-based compensation for directors, and recommendations to the Board of Directors • 13 September 2024: Deliberation on executive compensation for candidates for executive officer positions in the fiscal year ending October 2025, excluding employed executive officers, and recommendations to the Board of Directors」
The Compensation Advisory Committee deliberated on performance-linked compensation, stock-based compensation and compensation for the next executive officers, and made recommendations to the Board of Directors. - FY2021AdvancedAnnual report
「The main activities of the Compensation Advisory Committee during the fiscal year were as follows: • 27 January 2021: Deliberation on the draft compensation proposals for directors and recommendations to the Board of Directors; analysis of the current executive compensation system and consideration of its direction • 12 March 2021: Review of the executive compensation system, including the design of the position hierarchy and basic compensation tables • 14 April 2021: Review of the executive compensation system, including the design of performance-linked compensation • 14 June 2021: Review of the executive compensation system, including the design of stock-based compensation • 14 July 2021: Review of the executive compensation system, including the organisation of issues for future consideration • 8 October 2021: Review of the executive compensation system, including consideration of the terms of restricted stock compensation」
The Compensation Advisory Committee held multiple deliberations on the design of basic compensation, performance-linked compensation and stock-based compensation, advancing the development of the compensation system. - FY2020AdvancedAnnual report
「The main activities of the Compensation Advisory Committee during the fiscal year were as follows: • 29 January 2020: Resolutions on the appointment of the committee chair and the order of precedence for acting on behalf of the chair; deliberation on the draft compensation proposals for directors and recommendations to the Board of Directors • 7 April 2020: Deliberation on the approach to executive bonuses and the calculation method for executive retirement benefits, and recommendations to the Board of Directors • 12 October 2020: Resolution to proceed with a review of the executive compensation system as a whole with the involvement of external experts」
Since its establishment in January 2020, the committee has held multiple deliberations and made recommendations on draft compensation proposals, bonuses and retirement benefits, and the compensation system as a whole. - FY2019First statedAnnual report
「At an extraordinary meeting of the Board of Directors held on 9 December 2019, the company resolved to establish a Compensation Advisory Committee as a voluntary advisory body to the Board of Directors, with the aim of further strengthening the fairness, transparency and objectivity of procedures concerning compensation and other remuneration for directors, as well as the corporate governance framework. The committee was established on 29 January 2020.」
The company established a Compensation Advisory Committee as a voluntary advisory body to the Board of Directors, strengthening the fairness, transparency and objectivity of procedures for determining executive compensation.