Strengthening the Board of Directors’ Objectivity and Accountability Through the Involvement of Independent Officers
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Updated committee activities and deliberationsAnnual report
「At the Corporate Governance Committee, which met 7 times in FY2025, members discussed and deliberated on the appointment of directors with titles, the payment of directors' compensation, including the allocation of restricted shares, the setting of KPIs for executive bonuses, the operating status of the succession plan, and the structure of next year's officers and department heads.」
Updated the FY2025 committee meeting record and the matters deliberated, including officer appointments, compensation KPIs and the succession plan. - FY2025-H1AdvancedAnnual report
「The cap on total performance-linked compensation is ¥16.6 million. In addition, the Board of Directors decided at its meeting in July 2024 on performance-linked compensation for FY2024 as follows. Targets Performance evaluation metric Target Percentage of performance-linked compensation ① [Consolidated] ROE 6.0% or higher 30% 4.0% or higher but less than 6.0% 20% Less than 4.0% 0% ② Change in the Bank's market capitalization Not lower than the change in market capitalization for all listed regional banks 30% ③ ESG-related initiatives Qualitative assessment of progress in ESG-related initiatives 40%」
For KPIs related to executive compensation, specified consolidated ROE, the change in market capitalization and ESG-related initiatives as performance metrics for FY2024, and disclosed their respective allocation percentages. - FY2024Committee meeting record updatedAnnual report
「At the Corporate Governance Committee, which met 7 times in FY2023, members discussed and deliberated on the appointment of directors with titles, the payment of directors' compensation, including the allocation of restricted shares, the setting of KPIs for executive bonuses, the operating status of the succession plan, and the structure of next year's officers and department heads.」
The committee, in which independent officers constituted a majority, met 7 times in FY2023 to deliberate on officer appointments, compensation KPIs and the succession plan, among other matters. - FY2022Committee meeting record updatedAnnual report
「In FY2021, the Board of Directors met 17 times, the Executive Committee met 58 times, and the Corporate Governance Committee met 6 times, discussing and deciding on various management issues swiftly and appropriately.」
Updated the FY2021 meeting records for the Board of Directors, the Executive Committee and the Corporate Governance Committee. - FY2021Committee meeting record updatedAnnual report
「In FY2020, the Board of Directors met 15 times, the Executive Committee met 62 times, and the Corporate Governance Committee met 5 times, discussing and deciding on various management issues swiftly and appropriately.」
Updated the FY2020 meeting records for the Board of Directors, the Executive Committee and the Corporate Governance Committee. The committee met 5 times. - FY2019AdvancedAnnual report
「The Corporate Governance Committee consists of a majority of independent officers to obtain their appropriate involvement and advice, and its chair is selected from among the independent outside directors by mutual election among the committee members.」
Specified that independent officers constitute a majority of the Corporate Governance Committee and that an independent outside director serves as chair. - FY2018Committee meeting record updatedAnnual report
「In FY2017, the Board of Directors met 15 times, the Executive Committee met 59 times, and the Corporate Governance Committee met 4 times, discussing and deciding on various management issues swiftly and appropriately.」
Updated the meeting records for FY2017 for the Board of Directors, the Executive Committee and the Corporate Governance Committee. - FY2017AdvancedAnnual report
「In FY2016, the Board of Directors met 16 times, the Executive Committee met 61 times, and the Corporate Governance Committee met 6 times, discussing and deciding on various management issues swiftly and appropriately.」
Updated the number of Corporate Governance Committee meetings from 2 in the previous disclosure to 6, showing the advisory body's activities, including the involvement of independent officers. - FY2016First statedAnnual report
「We have established a Corporate Governance Committee as an advisory body to the Board of Directors. In addition to strengthening the independence and objectivity of the Board's functions and its accountability, the committee promotes coordination and the sharing of views among independent officers and between independent officers and senior management.」
Described a system of independent officers including 2 outside directors and 2 outside audit & supervisory board members. The committee met 2 times in FY2015.