Developing Next-Generation Executive Talent through the TEL Succession Plan
First written in FY2019. 6 of 7 entries say "Advanced", first in FY2020. Latest entry: 2026-07-01.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- 2026-07-01AdvancedGovernance
「The Nomination Committee analyzes and carefully evaluates the capabilities and readiness of successor candidates, while the Board of Directors discusses the matter based on reports from the Nomination Committee and appropriately supervises the progress of successor development plans.」
The company described the analysis of successor candidates' capabilities and readiness, supervision of progress by the Board and the use of external assessments. - FY2026AdvancedAnnual report
「The Nomination Committee worked to confirm ongoing succession planning for the CEO and internal directors, including candidates for the generation after the next, based on regular exchanges of views with the CEO.」
The company has progressed efforts to confirm ongoing succession planning for the CEO and internal directors, including candidates for the generation after the next. - 2026-05-29AdvancedGovernance
「Through ongoing discussions with outside officers, discussions on succession planning progressed, and the need to further enhance the Nomination Committee was again recognized.」
Discussions with outside officers on succession planning progressed, clarifying future issues relating to the enhancement of the Nomination Committee. - FY2025AdvancedAnnual report
「The Nomination Committee discussed the CEO succession plan, including the expansion of the pool of potential successors within the executive function and progress on development plans based on a specific timeline.」
For the CEO succession plan, the company conducted an external assessment of next-generation management executives, in addition to confirming the specific timeline, expansion of the candidate pool, and progress on development plans. - FY2024AdvancedAnnual report
「The Nomination Committee discussed the CEO succession plan, including its specific timeline, as well as the expansion of the pool of potential successors within the executive function and progress on development plans.」
The TEL Succession Plan has progressed to an operating framework in which the Nomination Committee confirms the succession plan’s timeline, expansion of the candidate pool, and progress on development plans. - FY2020AdvancedAnnual report
「Under the supervision of the CEO, candidates are assigned missions that build their knowledge and experience, including important issues related to group management. Their performance is reviewed at top management review meetings to assess the capabilities and readiness of potential successors.」
The company has defined the operating methods for the TEL Succession Plan, including assigning important-issue missions to candidate pools, conducting top management reviews, and receiving confirmation from the Nomination Committee and the Board of Directors. - FY2019First statedAnnual report
「To develop personnel capable of leading next-generation management execution in support of the company’s sustainable growth, under the TEL Succession Plan the Nomination Committee analyzes and reviews the development of potential successors and reports its findings to the Board of Directors. The Board appropriately supervises the process to ensure that successor development plans are implemented with sufficient time and resources.」
The company disclosed for the first time a successor development framework for next-generation management personnel, involving analysis and review of development progress by the Nomination Committee and supervision by the Board of Directors.