Director compensation determined by a compensation committee including outside directors
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
Yuasa Funashoku moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2022: 14 of 101 companies on the "Worse" side.
10 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「With respect to its policy for determining the content of individual compensation and other benefits for directors, the company consults the compensation committee, receives its recommendations, and then adopts a resolution through the Board of Directors, as described below.」
The description changed from the previous explanation that the compensation committee directly determined individual compensation to a procedure centered on a Board of Directors resolution following recommendations from the compensation committee. - FY2024AdvancedAnnual report
「To ensure the appropriateness of compensation levels and transparency in evaluations, authority has been delegated to a compensation committee in which outside directors account for at least half of the members. The compensation committee is to comprise the representative director and president, Tomoyuki Yamada (山田共之), and 2 outside directors, Mamiko Waki (和氣満美子) and Seiji Adachi (足立政治).」
The description of the compensation committee was made more specific, changing from the previous explanation that outside directors accounted for half of the members to a structure in which they account for at least half. The actual composition was also stated as 1 representative director and 2 outside directors. - FY2022First statedAnnual report
「To ensure the appropriateness of compensation levels and transparency in evaluations, authority has been delegated to a compensation committee in which outside directors account for half of the members.」
Authority to determine the individual compensation amounts of directors has been delegated to a compensation committee comprising 2 representative directors and 2 outside directors.