Nomination, Compensation and Oversight Functions of the Independent Officers Council
First written in FY2018. 4 of 7 entries say "Advanced", first in FY2021. Latest entry: 2026-06-30.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
83 other companies' latest entry also says "Restated".
- 2026-06-30RestatedGovernance
「Board of Directors Board of Corporate Auditors Independent Officers' Council Nomination and Compensation Committee (voluntary)」
The corporate governance structure chart positions the Independent Officers' Council and the Nomination and Compensation Committee (voluntary) as advisory and recommendation bodies to the Board of Directors. - FY2026AdvancedAnnual report
「The Independent Officers’ Council, comprising all independent outside directors and independent outside audit & supervisory board members, is regularly convened 4 times a year and additionally as needed.」
During the fiscal year, the Independent Officers’ Council met 6 times and made recommendations and provided advice on the selection of the representative director and president, directors and executive officers, the officer skills matrix, the succession development plan and the compensation system, among other matters. - 2026-05-26AdvancedGeneral Meetings of Shareholders
「In addition, as chair of the Independent Officers' Council, a voluntary nomination and compensation committee, I contributed to the Company's sustainable growth and the enhancement of corporate value over the medium to long term through discussions including those concerning the evaluation of the effectiveness of the Board of Directors.」
The activities of the Independent Officers' Council are described as extending beyond nomination and compensation functions to include evaluation of the Board of Directors' effectiveness. - FY2025AdvancedAnnual report
「Nomination matters Approval of the selection of the representative director and president; recommendations on the officer skills matrix; recommendations on the succession development plan」
Regarding the nomination function of the Independent Officers’ Council, recommendations were made on the officer skills matrix and succession development plan in addition to approval of the selection of the representative director and president. - FY2021AdvancedAnnual report
「The Board of Directors consulted the Independent Officers’ Council, a voluntary advisory body, on the draft policy for determining the content of individual directors’ compensation, etc. (the “Determination Policy”), and, based on its recommendations, resolved the Determination Policy at a Board meeting held on 22 February 2021.」
The Independent Officers’ Council was clearly established as an advisory body on nominations and compensation, and the policy for determining individual directors’ compensation was resolved by the Board of Directors following the council’s recommendations. - FY2019RestatedAnnual report
「The Independent Officers’ Council is convened regularly 4 times a year and additionally as needed.」
The system under which the Independent Officers’ Council operates as an advisory body on nominations and compensation, among other matters, is continuing. - FY2018First statedAnnual report
「We regularly convene the Independent Officers’ Council, comprising all independent outside directors and independent outside audit & supervisory board members, 4 times a year and additionally as needed.」
The Independent Officers’ Council operates as an advisory body on nominations and compensation and as a forum for coordination among outside officers.