Komori
Governance8103Meiwa CorporationTrading & Wholesale

Notice Regarding the Establishment of a Nomination and Compensation Advisory Committee

The existing Compensation Advisory Committee was reorganized as the Nomination and Compensation Advisory Committee by adding nomination functions. More than half of its members are independent outside directors, and the chair is selected from among the independent outside directors.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Governance structure

Committee2
Nomination and Compensation Advisory Committee: Comprises 3 or more memberswith more than half being independent outside directors (the specific percentage has not been disclosed)
Changes this time

The Nomination and Compensation Advisory Committee was established by adding functions related to nomination to the existing Compensation Advisory Committee. More than half of its members are independent outside directors, and the chair is selected from among the members who are independent outside directors.

Governance structure
ItemDetails
CommitteeNomination and Compensation Advisory Committee: Comprises 3 or more members, with more than half being independent outside directors (the specific percentage has not been disclosed)
Changes this timeThe Nomination and Compensation Advisory Committee was established by adding functions related to nomination to the existing Compensation Advisory Committee. More than half of its members are independent outside directors, and the chair is selected from among the members who are independent outside directors.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To strengthen the independence, objectivity and accountability of the Board of Directors' functions concerning the nomination and compensation of directors and executive officers, and to further enhance corporate governance.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Establishment of a Nomination and Compensation Advisory Committee | Meiwa Corporation (8103) timely disclosure | Komori