Ensuring Objectivity in Executive Compensation and Succession Planning through the Nomination and Compensation Committee
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026RestatedAnnual report
「In response to consultations from the Board of Directors, the Nomination and Compensation Committee deliberates matters concerning the appointment and dismissal of directors, the selection and dismissal of representative directors, directors' compensation, the content and design of compensation systems, and succession planning, including development, and submits its recommendations to the Board of Directors.」
The Nomination and Compensation Committee continues to deliberate the appointment and dismissal of executives, compensation systems, succession planning and other matters. It met 3 times during the current fiscal year. - FY2023AdvancedAnnual report
「In response to consultations from the Board of Directors, the Nomination and Compensation Committee deliberates matters concerning the appointment and dismissal of directors, the selection and dismissal of representative directors, directors' compensation, the content and design of compensation systems, and succession planning, including development, and submits its recommendations to the Board of Directors.」
The Company disclosed that the Nomination and Compensation Committee deliberates executive nominations, compensation, succession planning and other matters, and met 6 times in the fiscal year ended February 2023. - FY2022First statedAnnual report
「The Company's Nomination and Compensation Committee was established as an advisory body to the Board of Directors to ensure the fairness, transparency and objectivity of the Board's functions concerning the nomination and compensation of directors and to enhance the corporate governance structure. The Nomination and Compensation Committee consists of 3 or more directors selected by resolution of the Board of Directors, with a majority being independent directors, and」
The Company disclosed the establishment of a Nomination and Compensation Committee as an advisory body to the Board of Directors, comprising 3 or more members with a majority of independent directors, and its role in deliberating executive nominations, compensation and succession planning.