Ensuring Objectivity in Executive Compensation Decisions by the Compensation Committee
First written in FY2020. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 89 companies on the "Worse" side.
87 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company has established a Nomination and Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring the appropriateness of the Board’s composition and objectivity in compensation decisions, with outside members constituting a majority.」
The Nomination and Compensation Committee, with a majority of outside members, continues to deliberate the appointment and dismissal of director candidates and individual compensation amounts, and submit recommendations. - 2026-05-12RestatedGeneral Meetings of Shareholders
「The Company has established a Nominating and Compensation Committee as a voluntary committee of the Board of Directors intended to ensure objectivity in determining compensation, with a majority of its members being outside personnel.」
The compensation determination process through a Nominating and Compensation Committee with a majority of outside members was reiterated. - FY2024RestatedAnnual report
「The Company has established a Nomination and Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring the appropriateness of the Board’s composition and objectivity in compensation decisions, with outside members constituting a majority.」
The Nomination and Compensation Committee, with a majority of outside members, continues to deliberate the appointment and dismissal of director candidates and individual compensation amounts, and submit recommendations. - FY2023RestatedAnnual report
「The Company has established a Nomination and Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring the appropriateness of the Board’s composition and objectivity in compensation decisions, with outside members constituting a majority.」
The Nomination and Compensation Committee continues to deliberate the appointment and dismissal of director candidates and individual compensation amounts, and submit recommendations to the Board of Directors. - FY2022ReframedAnnual report
「The Company has established a Nomination and Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring the appropriateness of the Board’s composition and objectivity in compensation decisions, with outside members constituting a majority.」
The former Compensation Committee was expanded in name and function into the Nomination and Compensation Committee, and matters concerning the appointment and dismissal of director candidates were explicitly added to its scope of deliberation. - FY2021RestatedAnnual report
「In May 2019, the Company established a Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring objectivity in compensation decisions, with outside members constituting a majority.」
The Compensation Committee, with a majority of outside members, continues to deliberate individual compensation amounts for directors and submit recommendations to the Board of Directors. - FY2020First statedAnnual report
「In May 2019, the Company established a Compensation Committee as a voluntary committee of the Board of Directors for the purpose of ensuring objectivity in compensation decisions, with outside members constituting a majority.」
A voluntary Compensation Committee with a majority of outside members was established, introducing a system under which individual compensation amounts for directors are deliberated and recommendations are submitted to the Board of Directors.