Ensuring the independence and objectivity of executive compensation through the Compensation Advisory Committee
First written in FY2019. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: 2026-06-30.
The whole theme swung hardest in 2022: 14 of 95 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- 2026-06-30RestatedGovernance
「報酬諮問委員会 （任意機関）」
報酬諮問委員会を取締役会の諮問・委任先であり、答申・報告を行う任意機関として図示している。 - FY2023RestatedAnnual report
「In determining the amounts of compensation and other benefits for the Company's officers for the 57th fiscal year, the Board of Directors, Audit & Supervisory Board and Compensation Advisory Committee acted in accordance with the process under method B above. The Compensation Advisory Committee met 3 times, determined the proposed compensation package or approved proposals, and reported its determination regarding directors' compensation to the Board of Directors. For audit & supervisory board members' compensation, it proposed the package to the Audit & Supervisory Board, which deliberated on it and determined the compensation with the consent of all audit & supervisory board members.」
The Compensation Advisory Committee continues to determine and propose executive compensation packages, while the Board of Directors and Audit & Supervisory Board continue their respective decision-making procedures. - FY2022AdvancedAnnual report
「The decision-making methods described above in ⅰ through ⅲ were approved at a Board of Directors meeting held on 25 March 2022 and will be implemented from 1 April 2022 (the 57th fiscal year).」
The company approved procedures for delegating authority to determine individual director compensation to the Compensation Advisory Committee and decided to implement them from 1 April 2022. - FY2021AdvancedAnnual report
「The Compensation Advisory Committee met 2 times and approved a proposed compensation package. For directors' compensation, it reported the approval of the proposed package to the Board of Directors, which approved it. For audit & supervisory board members' compensation, it proposed the package to the Audit & Supervisory Board, which deliberated on it and determined the compensation with the consent of all audit & supervisory board members.」
The Compensation Advisory Committee met 2 times during the fiscal year and carried out the deliberation, recommendation and determination of proposed compensation for directors and audit & supervisory board members. - FY2019First statedAnnual report
「The Company convenes the Compensation Advisory Committee as appropriate to ensure the independence and objectivity of the Board of Directors' functions relating to directors' compensation and to strengthen accountability. Based on consultations from the Board of Directors, the Compensation Advisory Committee deliberates on policies for determining individual compensation and other compensation matters for directors and executive officers, as well as the details of individual compensation, and reports its conclusions to the Board of Directors.」
The company described a system under which the Compensation Advisory Committee, comprising 2 outside directors and the representative director and president, deliberates on and reports recommendations regarding policies and individual details of compensation for directors and executive officers.