Ensuring Transparency in Executive Appointments and Compensation through the Nomination and Compensation Advisory Committee
First written in FY2019. 3 of 7 entries say "Advanced", first in FY2020. Latest entry: 2026-06-24.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- 2026-06-24RestatedGovernance
「The Nomination and Compensation Advisory Committee has been established as an advisory body to the Board of Directors for the purpose of ensuring fairness, transparency and objectivity in matters including the nomination and compensation of directors.」
The purpose of the Nomination and Compensation Advisory Committee, its composition with a majority of outside directors and the fact that it met 7 times in fiscal 2025 were confirmed. - FY2026AdvancedAnnual report
「The Nomination and Compensation Advisory Committee met 7 times during the fiscal year, and the attendance of each committee member was as follows.」
The number of meetings of the Nomination and Compensation Advisory Committee increased from 6 in the previous fiscal year to 7. The committee deliberated on the transition to a company with an Audit & Supervisory Committee, the new structure of directors and executive officers, and compensation limits. - FY2025AdvancedAnnual report
「The Nomination and Compensation Advisory Committee met 6 times during the fiscal year, and the attendance of each committee member was as follows.」
The number of meetings of the Nomination and Compensation Advisory Committee increased from 4 in the previous fiscal year to 6. The committee deliberated on the appointment of officers and the new management structure, bonuses, performance-linked share-based compensation and compensation amounts. - FY2024RestatedAnnual report
「Outside directors must comprise a majority of the committee, which consists of the President and Director and 4 outside directors, and the chair is selected by mutual election.」
The Nomination and Compensation Advisory Committee has continued and consists of the President and Director and 4 outside directors. The committee met 4 times during the fiscal year and deliberated on executive compensation, points granted under the performance-linked share-based compensation plan and other matters. - FY2021RestatedAnnual report
「The Nomination and Compensation Advisory Committee has been established as an advisory body to the Board of Directors, with the aim of ensuring fairness, transparency and objectivity in matters concerning the nomination and compensation of directors and Audit & Supervisory Board members. Outside directors must comprise a majority of the committee, which consists of the President and Director and 4 outside directors.」
The Nomination and Compensation Advisory Committee has continued and consists of the President and Director and 4 outside directors. - FY2020AdvancedAnnual report
「In addition, since December 2018, we have established a Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors, with the aim of ensuring fairness, transparency and objectivity in matters concerning the nomination and compensation of directors and Audit & Supervisory Board members. Outside directors must comprise a majority of the committee, which consists of the President and Director and 4 outside directors.」
The Nomination and Compensation Advisory Committee has continued, and the number of outside directors on the committee increased from 3 to 4. - FY2019First statedAnnual report
「In addition, since December 2018, we have established a Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors, with the aim of ensuring fairness, transparency and objectivity in matters concerning the nomination and compensation of directors and Audit & Supervisory Board members. Independent outside directors must comprise a majority of the committee, which currently consists of President and Director Kumagai Toshiyuki (熊谷 俊行) and 3 independent outside directors, Saito Yasushi (齊藤 康), Akiyama Katsusada (秋山 勝貞) and Uchimura Hiroshi (内村 廣志).」
In December 2018, an advisory committee was established to deliberate on and report to the Board of Directors regarding the appointment and dismissal of directors and Audit & Supervisory Board members, as well as their compensation. Independent outside directors comprise a majority of the committee.