Personnel and Compensation Committee Centered on Independent Outside Directors
First written in FY2018. 1 of 3 entries say "Reframed", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To complement the functions of the Board of Directors, we have established a Nomination and Compensation Committee as an advisory body to the Board, chaired by an independent outside director, consisting of 5 independent outside directors and 2 representative directors, for a total of 7 members.」
The Nomination and Compensation Committee, chaired by an independent outside director, has been maintained to deliberate on recommendations of directors and executive officers, compensation, and succession planning. - FY2019ReframedAnnual report
「To complement the functions of the Board of Directors, we have established a Nomination and Compensation Committee as an advisory body to the Board, chaired by an independent outside director. Acting under authority delegated by the Board, the committee recommends director candidates to the Board as candidates for submission to the General Meeting of Shareholders, recommends executive officer candidates to the Board as Board agenda items, and oversees succession planning for directors and other officers.」
Reorganized the name and role of the former compensation-focused Nomination and Compensation Committee into a Nomination and Compensation Committee, explicitly covering recommendations of directors and executive officers and oversight of succession planning. - FY2018First statedAnnual report
「With respect to director compensation, we have established a Nomination and Compensation Committee as an organ under the Board of Directors that proposes specific compensation amounts. The committee is chaired by an independent outside director and consists of 2 outside directors and 2 representative directors.」
Disclosed the establishment of a Nomination and Compensation Committee chaired by an independent outside director to propose specific director compensation amounts to the Board of Directors.