Ensuring Objectivity through the Nomination and Compensation Advisory Committee
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the fiscal year, the company held 7 meetings of the Nomination and Compensation Advisory Committee. Its main matters for consideration were deliberations and recommendations on policies concerning the appointment and dismissal of directors and director compensation, individual director compensation proposals, allocations of restricted stock and reviews of executive compensation levels.」
The number of Nomination and Compensation Advisory Committee meetings increased from 6 in the previous fiscal year to 7, while the committee continued to deliberate on appointments and dismissals, compensation policies, individual compensation and equity compensation. - 2026-06-04AdvancedGeneral Meetings of Shareholders
「At a meeting of the Board of Directors held on 18 April 2025, we established the executive compensation rules, setting out the components and proportions of compensation and the approach to compensation levels, among other matters. By establishing these rules, we have provided executive compensation with transparency and objectivity,」
Established executive compensation rules following deliberations and recommendations by the Nomination and Compensation Advisory Committee, specifying the operation of the compensation decision-making process. - FY2025AdvancedAnnual report
「During the fiscal year, the company held 6 meetings of the Nomination and Compensation Advisory Committee. Its main matters for consideration were the appointment and dismissal of directors, policies concerning director compensation and other related matters, individual compensation proposals, allocations of restricted stock and reviews of executive compensation levels.」
The Nomination and Compensation Advisory Committee has been operationalized as a body that meets 6 times a year under a structure in which independent outside directors constitute a majority and deliberates on appointments and dismissals, compensation policies and equity compensation. - FY2020AdvancedAnnual report
「The Nomination and Compensation Advisory Committee is an advisory body to the Board of Directors and a voluntary committee established to ensure the fairness and objectivity of nominations for director candidates, director compensation and other matters, thereby contributing to the establishment of an appropriate management structure for the company. It consists of 6 members: the Representative Director and President, 1 director and 4 outside directors.」
We have specified that the Nomination and Compensation Advisory Committee consists of 6 members, including 4 outside directors, and deliberates on the fairness of director candidates and compensation. - FY2019First statedAnnual report
「The Nomination and Compensation Advisory Committee is an advisory body to the Board of Directors, established as a voluntary committee to ensure the fairness and objectivity of nominations for director candidates, director compensation and other matters, thereby contributing to the establishment of an appropriate management structure for the company.」
As a new governance initiative, we have established a voluntary advisory body to the Board of Directors to ensure the fairness and objectivity of director nominations and compensation.