Establishment of a Nomination and Compensation Committee
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Nomination and Compensation Committee consists of a majority of independent outside directors, ensuring the independence of its composition.」
The company continues to operate through a Nomination and Compensation Committee consisting of a majority of independent outside directors to ensure objectivity and transparency in the appointment and dismissal of officers and determination of their compensation. - FY2020AdvancedAnnual report
「The company has also established a voluntary Nomination and Compensation Committee as an advisory body to the Board of Directors. The committee operates with the aim of enhancing the objectivity and transparency of procedures for selecting directors and determining their compensation. It consists of 5 members, 3 of whom are outside directors who meet the independence criteria.」
The Nomination and Compensation Committee resolved to establish in the previous fiscal year is operating with 3 of its 5 members as independent outside directors. - FY2019First statedAnnual report
「At a meeting of the Board of Directors held on 25 December 2019, the company resolved to establish a Nomination and Compensation Committee. From the following fiscal year, the content of the directors’ compensation system, evaluations of the company’s and individuals’ performance, and the calculated compensation amounts will be determined by the Board of Directors after being submitted to the committee, which will consist of a majority of independent outside directors.」
The company will establish a Nomination and Compensation Committee consisting of a majority of independent outside directors and, from the following fiscal year, introduce a process under which the directors’ compensation system, performance evaluations, and calculated compensation amounts are submitted to the committee.