Review of a Succession Plan Including the Profile Sought for the Top Executive
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, the Management Advisory Committee, comprising the Representative Director and President, outside directors and outside Audit & Supervisory Board members, meets once a year. This fiscal year, it mainly discussed the appropriate form of our corporate governance. Specific topics were A) evaluation of proposals for the appointment and dismissal of candidates for our directors, excluding directors who are Audit & Supervisory Committee members, and candidates for directors who are Audit & Supervisory Committee members, B) evaluation of proposals concerning compensation for our directors, C) a succession plan, including the profile that our senior executive should have, and D) general matters concerning corporate governance. The committee sought to verify their appropriateness and held in-depth discussions on responses to the issues identified.」
The company continues to operate the Management Advisory Committee on an annual basis, discussing the appointment and dismissal of candidates, compensation, a succession plan including the profile of the senior executive, and corporate governance in general. - FY2024First statedAnnual report
「In addition, the Management Advisory Committee, comprising the Representative Director and President, outside directors and outside Audit & Supervisory Board members, meets once a year. This fiscal year, all members attended and discussed the appropriateness of our corporate governance. The main topics were A) evaluation of proposals for the appointment and dismissal of candidates for our directors and Audit & Supervisory Board members, B) evaluation of proposals concerning compensation for our directors, C) a succession plan, including the profile that our senior executive should have, and D) general matters concerning corporate governance. The committee sought to verify their appropriateness and held in-depth discussions on responses to the issues identified.」
The succession plan, including the profile of the senior executive, was disclosed for the first time as a main topic of the Management Advisory Committee. The committee meets once a year and comprises the Representative Director and President, outside directors and outside Audit & Supervisory Board members.