Strengthening the Objectivity of Decision-Making through the Nomination and Compensation Advisory Committee
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: 2026-08-24.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
83 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「In fiscal 2025, the Nomination Advisory Committee repeatedly deliberated on the basic policy for the succession plan, the duties and responsibilities of the president of 紀陽銀行, the desired profile and qualifications of the next president, development plans, evaluation methods and other matters, and reviewed the plan.」
The Nomination Advisory Committee deliberated on the succession plan for the president and reviewed the basic policy, personnel requirements, development plan and evaluation methods. - FY2025RestatedAnnual report
「As of the date of submission of the Annual Securities Report, the Nomination Advisory Committee comprises 3 or more members, with independent outside directors holding a majority.」
The system of Nomination and Compensation Advisory Committees, with independent outside directors holding a majority, has been maintained. - FY2023RestatedAnnual report
「The Nomination Advisory Committee comprises 3 or more members, with independent outside directors holding a majority. The chair is selected from among the independent outside directors by resolution of the Board of Directors.」
The system of Nomination and Compensation Advisory Committees, with independent outside directors holding a majority, has been reconfirmed. - FY2019RestatedAnnual report
「The Nomination Advisory Committee comprises 3 or more members, with independent outside directors holding a majority. The chair is selected from among the independent outside directors by resolution of the Board of Directors.」
A system has been reiterated in which Nomination and Compensation Advisory Committees, with independent outside directors holding a majority, strengthen the objectivity and accountability of decision-making. - FY2018First statedAnnual report
「Nomination Advisory Committee: The committee comprises 3 or more members, at least half of whom are independent outside directors. The chair is selected from among the independent outside directors by resolution of the Board of Directors. The committee is intended to strengthen the independence, objectivity and accountability of the Board of Directors in nominating directors, executive officers and others. Compensation Advisory Committee: The committee comprises 3 or more members, at least half of whom are independent outside directors. The chair is selected from among the independent outside directors by resolution of the Board of Directors. The committee is intended to strengthen the independence, objectivity and accountability of the Board of Directors in determining compensation for directors, excluding directors who are Audit and Supervisory Committee members, executive officers and others.」
Advisory committees on nomination and compensation have been established, with independent outside directors making up at least half of each committee, to strengthen the independence, objectivity and accountability of the Board of Directors.