Complementing the Board of Directors’ Oversight Function through the Nomination and Compensation Committees
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
63 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the Company held the Nomination Committee a total of 8 times and the Compensation Committee a total of 4 times.」
The Nomination Committee met 8 times and the Compensation Committee 4 times to deliberate on the appointment of directors, Audit & Supervisory Board members and substitute Audit & Supervisory Board members, the selection of representative directors, directors’ compensation and other matters. The activity record of the advisory committees is more detailed than in the previous disclosure. - FY2025AdvancedAnnual report
「The Nomination Committee and Compensation Committee have been established as advisory committees to the Board of Directors. Each committee consists of 3 independent outside directors, 2 independent outside Audit & Supervisory Board members and 1 internal director, and is chaired by an independent outside director.」
The Nomination and Compensation Committees consist of 3 independent outside directors, 2 independent outside Audit & Supervisory Board members and 1 internal director. During the fiscal year, the two committees met a total of 5 times to deliberate on candidate appointments, compensation and other matters. - FY2024AdvancedAnnual report
「In April last year, during the deliberations on the selection of candidates for the Company’s directors in June 2021, the possibility of an issue was identified. An investigation was conducted by the Independent Verification Committee on Governance Regarding the Nomination of Officers, comprising neutral and impartial external experts, and a report of the findings was issued. Based on the report, and after extensive discussion of the Company’s officer nomination governance, including its officer nomination policy, skills matrix and succession plan, the Board of Directors approved a revision to the officer nomination policy last December. An overview was disclosed in the Corporate Governance Report.」
Following an independent investigation into officer nominations, the Company revised its officer nomination policy and specified measures to prevent recurrence and improve transparency in nomination governance, including a skills matrix and succession plan. - FY2022AdvancedAnnual report
「The Nomination Committee and Compensation Committee have been established as advisory committees to the Board of Directors. Each committee consists of 3 independent outside directors, 2 independent outside Audit & Supervisory Board members and 2 internal directors, and is chaired by an independent outside director.」
The Nomination and Compensation Committees consist of 3 independent outside directors, 2 independent outside Audit & Supervisory Board members and 2 internal directors. The Company established a structure under which they meet and make recommendations at least once a year. - FY2020AdvancedAnnual report
「During the fiscal year, the committee met twice. In response to consultations from the Board of Directors, it deliberated on proposals for directors’ compensation from July 2019 onward and on the underlying compensation standards for directors, and submitted its recommendations to the Board of Directors.」
The Nomination Committee and Compensation Committee consisted of 2 independent outside directors, 2 independent outside Audit & Supervisory Board members and 1 internal director. They met twice during the year to deliberate on and recommend compensation proposals and compensation standards. - FY2019First statedAnnual report
「The Nomination Committee and Compensation Committee have been established as advisory committees to the Board of Directors. Each committee consists of 2 independent outside directors, 2 independent outside Audit & Supervisory Board members and 2 internal directors, and is chaired by an independent outside director.」
The Company disclosed specific details of the composition and operation of the Nomination Committee and Compensation Committee, which include independent outside directors and independent outside Audit & Supervisory Board members and serve as advisory bodies to the Board of Directors.