Strengthening Governance Through Nomination and Compensation Committees and Outside Officers
First written in FY2017. 7 of 14 entries say "Advanced", first in FY2020. Latest entry: 2026-08-06.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「In January 2026, we decided on changes to the Representative Executive Officer and personnel appointments for executive officers and corporate officers. In making these appointments, the nomination committee deliberated and reached decisions after considering the Eighth Medium-Term Management Plan, the approach to selecting management, including the succession plan for the Representative Executive Officer, President, previously deliberated and decided upon, and the qualities required to enhance corporate value at a company that fulfills a public role, then reviewing the long list and narrowing it down to a short list.」
The company changed its Representative Executive Officer and decided on executive officer appointments after reviewing the long list and short list under the succession plan. The Board of Directors' skills matrix and the composition of outside directors were also updated. - FY2025RestatedAnnual report
「In fiscal 2024, the nomination committee met 9 times and determined the director candidates to be submitted to the General Meeting of Shareholders and the candidates for executive officers and corporate officers for fiscal 2025. It also discussed matters including the long list for the succession plan for the current Representative Executive Officer, President, from the perspective of improving the transparency of the nomination process.」
The nomination committee continued to determine candidates and deliberate on the skills matrix, the long list for the succession plan, and other matters, confirming the operation of the nomination process. - FY2024AdvancedAnnual report
「In fiscal 2023, the nomination committee met 11 times and determined the director candidates to be submitted to the General Meeting of Shareholders and the candidates for executive officers and corporate officers for fiscal 2024. It also redefined the responsibilities of executive officers in clearer terms for stakeholders and discussed matters including the long list for the succession plan for the current Representative Executive Officer, President, from the perspective of improving the transparency of the nomination process.」
The nomination committee met 11 times in fiscal 2023, redefined and disclosed executive officer responsibilities, and discussed the long list and other matters related to the succession plan. The operation of the nomination process and succession planning became more concrete. - FY2023AdvancedAnnual report
「The nomination committee and the Board of Directors determined and published in March 2023 the specific operating status of the management nomination process, particularly the proactive and active involvement of outside directors in the nomination committee and similar bodies, and the approach to developing internal talent with a view to selecting future management.」
The company determined its approach to improving the transparency of the management nomination process and developing successors, and published it in March 2023. - FY2022-Q3RestatedAnnual report
「We will address the various governance issues required of listed companies with a sense of urgency.」
Against the backdrop of revisions to Japan's Corporate Governance Code and the transition to the TSE's new market segments, the company continues to identify responses to governance issues and the need to ensure transparency as part of its new medium-term management policy as a listed company. - FY2020AdvancedAnnual report
「Since June 2019, we have adopted the company-with-three-committees structure under the Companies Act, clarified the separation of oversight and execution, strengthened oversight led by outside directors to ensure sound management, and worked to achieve swift business execution that can respond rapidly to changes in the operating environment.」
In June 2019, the company changed from the previous structure centered on the nomination and compensation committee and similar bodies to a company with three committees, implementing a separation of oversight and execution and an oversight structure centered on outside directors. - FY2018RestatedAnnual report
「We have established a nomination and compensation committee to strengthen the Board of Directors' oversight function.」
The governance structure consisting of a company with a board of corporate auditors, the appointment of outside directors and outside corporate auditors, and a majority of outside officers on the nomination and compensation committee remains in place. - FY2017First statedAnnual report
「We have established a nomination and compensation committee to strengthen the Board of Directors' oversight function.」
In addition to adopting a company structure with a board of corporate auditors, the company has appointed outside directors and outside corporate auditors and established a structure in which outside directors and outside corporate auditors constitute a majority of the nomination and compensation committee.