Enhancing the Objectivity of Director Nomination and Compensation Through Advisory Committees
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: 2026-05-28.
- 2026-05-28AdvancedGovernance
「Nakanishi Kohei (中西孝平) has extensive knowledge and experience in corporate management gained through many years of work in finance-related fields, and has also held key positions in trading and manufacturing companies. Based on this experience, we determined that he would be able to provide appropriate advice and oversight regarding the Company's management, and selected him as a candidate for outside director after taking into account the recommendation of the Nomination Advisory Committee.」
The Company disclosed the reasons for selecting the candidate for outside director based on the recommendation of the Nomination Advisory Committee. This advances the thread concerning the objectivity of nominations by the existing Nomination and Compensation Advisory Committee by providing a specific explanation for the candidate's selection. - FY2025RestatedAnnual report
「We have established the Nomination Advisory Committee and the Remuneration Advisory Committee.」
The company maintained the structure following the split of the Nomination and Remuneration Advisory Committee, holding 3 meetings of the Nomination Advisory Committee and 2 meetings of the Remuneration Advisory Committee during the year under review. - FY2023RestatedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 22 April 2021, we established the Nomination Advisory Committee and the Remuneration Advisory Committee, advisory bodies to the Board of Directors, to strengthen the independence and objectivity of the Board's functions and its accountability concerning the nomination and remuneration of directors.」
The company maintained the structure of the Nomination Advisory Committee and the Remuneration Advisory Committee, holding 2 and 3 meetings, respectively, during the year under review. - FY2022RestatedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 22 April 2021, we established the Nomination Advisory Committee and the Remuneration Advisory Committee, advisory bodies to the Board of Directors, to strengthen the independence and objectivity of the Board's functions and its accountability concerning the nomination and remuneration of directors.」
The company maintained the structure following the split and reorganization of the Nomination and Remuneration Advisory Committee, holding 4 meetings of the Nomination Advisory Committee and 3 meetings of the Remuneration Advisory Committee during the year under review. - FY2021ReframedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 22 April 2021, the committee was reorganized into the Nomination Advisory Committee and the Remuneration Advisory Committee effective 25 June 2021, to further strengthen the independence and objectivity of the Board's functions and its accountability concerning the nomination and remuneration of directors.」
The company decided to split and reorganize the former Nomination and Remuneration Advisory Committee into the Nomination Advisory Committee and the Remuneration Advisory Committee, and implemented the change as of the filing date. - FY2020First statedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 29 March 2019, we established the Nomination and Remuneration Advisory Committee, an advisory body to the Board of Directors, to strengthen the independence and objectivity of the Board's functions and its accountability concerning the nomination and remuneration of directors.」
The company describes the establishment of an advisory body to deliberate on the appointment and dismissal of director candidates and remuneration matters and provide advice and recommendations to the Board of Directors.