Establishment of a Compensation Advisory Committee
First written in FY2020-Q1. 2 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2024.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「During the fiscal year, the company held 2 meetings each of the nomination advisory committee and the compensation advisory committee. The committees deliberated on the method for calculating executive bonuses for the fiscal year ending March 2024 and on base compensation, among other matters, and submitted their recommendations to the Board of Directors.」
The operating record of the nomination and compensation advisory committees is described: each met 2 times during the fiscal year and deliberated on and submitted recommendations regarding director candidates, the skills matrix, executive bonuses and base compensation. - FY2023ReframedAnnual report
「In addition, a nomination and compensation advisory committee, whose principal members are outside directors serving as Audit and Supervisory Committee members, has been established to deliberate on policies concerning the nomination and compensation of directors and submit recommendations to the Board of Directors.」
The former compensation advisory committee is described as a nomination and compensation advisory committee handling director nominations and compensation. During the fiscal year, the nomination and compensation committees each met 2 times. - FY2020AdvancedAnnual report
「The committee met 5 times from July 2019 through March 2020 to deliberate on the method for calculating executive bonuses for the fiscal year ending March 2020 and the extension of the term of the stock compensation plan, whose trust period was due to expire in August 2020, and submitted its recommendations to the Board of Directors.」
The committee's activities after its establishment are described, including 5 meetings and deliberations and recommendations on the method for calculating executive bonuses and extending the term of the stock compensation plan. - FY2020-Q1First statedAnnual report
「As part of its corporate governance initiatives, the company established a compensation advisory committee by resolution of the Board of Directors, with independent outside directors as its principal members, to strengthen the independence, objectivity and accountability of the Board's functions relating to executive compensation.」
The establishment of a compensation advisory committee whose principal members are independent outside directors is described for the first time as an initiative to strengthen the Board's independence, objectivity and accountability regarding executive compensation.