Enhancing Transparency in Nomination and Compensation Processes through a Nomination and Compensation Committee
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026RestatedAnnual report
「In the fiscal year ending February 2026, the committee deliberated on the election of directors and director compensation, and exchanged views on the future structure of the Board. It also deliberated on KPIs and performance-linked compensation as part of the decision-making policy for executive bonuses and other matters, and made proposals to the Board of Directors.」
The company has reconfirmed that the Nomination and Compensation Committee met 2 times and deliberated on the election and compensation of directors, the future structure of the Board, and policies for KPIs and performance-linked compensation. - 2026-05-01AdvancedGeneral Meetings of Shareholders
「On 26 February 2021, we established a Nominating and Compensation Committee as an optional advisory body to the Board of Directors, with a majority of its members being independent outside directors.」
The company reaffirmed the process under which the Nominating and Compensation Committee deliberates on director nominations and compensation and makes recommendations to the Board of Directors. It also began granting restricted stock compensation in June 2025. - FY2024AdvancedAnnual report
「In fiscal 2023, the committee deliberated on the election of directors and director compensation, and exchanged views on the future structure of the Board. It also deliberated on KPIs and performance-linked compensation as part of the decision-making policy for executive bonuses and other matters, and made proposals to the Board of Directors.」
The Nomination and Compensation Committee met 2 times during the fiscal year, deliberating on the election and compensation of directors, the future structure of the Board, and policies for KPIs and performance-linked compensation, and making proposals to the Board of Directors. - FY2022AdvancedAnnual report
「To strengthen the Board of Directors’ oversight functions and further enhance the corporate governance framework, the company established the Nomination and Compensation Committee as an advisory body to the Board, with a majority of its members being independent outside directors, to ensure the transparency and objectivity of evaluation and decision-making processes concerning the nomination and compensation of directors.」
The company has made the Nomination and Compensation Committee’s composition, with a majority of independent outside directors, and its involvement in the evaluation and decision-making processes for nominations and compensation concrete elements of its internal control policy. - FY2021First statedAnnual report
「To ensure transparency and objectivity in the evaluation and decision-making processes relating to the nomination and compensation of directors, strengthen the supervisory function of the Board of Directors and further enhance the corporate governance framework, the Company established the Nomination and Compensation Committee as an advisory body to the Board of Directors on 26 February 2021.」
The Company established a committee responsible for both nominations and compensation on 26 February 2021 to improve the transparency and objectivity of processes for deciding director appointments and compensation.