Enhancing the Objectivity, Transparency and Fairness of the Board of Directors through a Nomination and Compensation Committee
First written in FY2020. 4 of 6 entries say "Advanced", first in FY2023. Latest entry: 2026-07-09.
- FY2025Updated the number of meetings and matters discussedAnnual report
「During the fiscal year, the Company held 2 meetings of the Nomination and Compensation Committee. Specific matters considered by the committee included revisions to the officer compensation structure and the appointment of newly appointed director and executive officer candidates.」
The Nomination and Compensation Committee held 2 meetings during the fiscal year and deliberated on revisions to the officer compensation structure and the appointment of candidates for newly appointed officers. - FY2024AdvancedAnnual report
「During the fiscal year, the Company held 4 meetings of the Nomination and Compensation Committee. Specific matters considered by the committee included revisions to performance-linked compensation for officers and the appointment of newly appointed director and executive officer candidates.」
The number of Nomination and Compensation Committee meetings increased from 2 in the previous fiscal year to 4, and the committee deliberated on revisions to performance-linked compensation and the appointment of candidates for newly appointed officers. - FY2023AdvancedAnnual report
「During the fiscal year, the Company held 2 meetings of the Nomination and Compensation Committee. Specific matters considered by the committee included performance-linked compensation for officers.」
Disclosed that the Nomination and Compensation Committee, with a majority of outside directors, met 2 times during the fiscal year and deliberated on performance-linked compensation. - FY2020First statedAnnual report
「In addition to establishing the bodies described above, the Company has established a voluntary Nomination and Compensation Committee, with a majority of its members being outside directors, to improve the objectivity, transparency, and fairness of the Board of Directors in nominating candidates for directors and executive officers and determining compensation for directors and executive officers, and the committee deliberates on these matters.」
The Company explicitly described for the first time its framework of establishing a voluntary Nomination and Compensation Committee, with a majority of its members being outside directors, to deliberate on candidate nominations and executive compensation.