Establishment of a Compensation Advisory Committee
First written in FY2018. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The committee met 4 times during the current fiscal year, and all 3 members attended every meeting.」
The company disclosed that the 3-member Compensation Advisory Committee met 4 times during the current fiscal year, with all members attending. - FY2022AdvancedAnnual report
「The Board of Directors resolved on 9 July 2021 as follows regarding the determination of compensation, both in total and for individual directors, excluding directors who are Audit and Supervisory Committee members, for the current fiscal year: the payment ratio for the performance-linked component would be uniformly set at 0%.」
The company disclosed that the performance-linked compensation system resolved in the previous fiscal year was operated with the payment ratio uniformly set at 0% for the current fiscal year. - FY2021AdvancedAnnual report
「We adopted a resolution on the policy for determining the details of individual directors’ compensation and other remuneration from the fiscal year ending March 2022. The ratio to the amount of base compensation is set at approximately 25% of base compensation. The Board of Directors determines each payment ratio, calculated within a range of 0% to 200%.」
The company adopted a resolution on its individual compensation policy from the fiscal year ending March 2022, setting a standard payment ratio for performance-linked compensation of approximately 25% of base compensation and introducing payment ratios ranging from 0% to 200% depending on the level of achievement. - FY2018First statedAnnual report
「Since 29 June 2017, we have maintained a Compensation Advisory Committee as a voluntary advisory body comprising 3 directors, including 2 outside directors. The committee deliberates on and reports to the Board of Directors on basic policies concerning directors’ compensation and compensation amounts, helping ensure fairness and objectivity.」
A 3-member Compensation Advisory Committee, including 2 outside directors, was established on 29 June 2017, introducing a framework to ensure fairness and objectivity in executive compensation.