Governance structure
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.
| Item | Details |
|---|---|
| Committee | Nomination 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 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. |
Items this document does not state (6)
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.