Enhancing Transparency in Appointments and Compensation Decisions Through Nomination and Compensation Committees
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「During the fiscal year, the Company held 3 meetings of the Nomination Committee, where it deliberated matters including draft proposals for the appointment of directors to be submitted to the General Meeting of Shareholders; the selection of representative directors and directors with specific titles to be submitted to the Board of Directors; draft divisions of duties; draft candidates for executive officers; and the formulation and oversight of the president succession plan.」
The Company records 3 meetings of the Nomination Committee during the fiscal year and the matters deliberated, including director candidates, directors with specific titles, executive officer candidates and the president succession plan. - FY2024AdvancedAnnual report
「During the fiscal year, the Company held 3 meetings of the Nomination Committee, where it deliberated matters including draft proposals for the appointment or dismissal of directors to be submitted to the General Meeting of Shareholders; draft proposals for the selection, dismissal and division of duties of representative directors and directors with specific titles to be submitted to the Board of Directors; draft candidates for executive officers; and the formulation and oversight of the president succession plan.」
The Company records that the Nomination Committee held 3 meetings during the fiscal year and deliberated director candidates, the selection of directors with specific titles, executive officer candidates and the succession plan. - FY2022RestatedAnnual report
「The Company has established a voluntary advisory Nomination Committee consisting of 6 members: director Nishimura Motohide (西村元秀); outside directors Muneoka Toru (宗岡 徹) and Kondo Tsuyoshi (近藤剛史); outside director and full-time Audit and Supervisory Committee member Yamajo Hiromichi (山條博通); and outside directors and Audit and Supervisory Committee members Hirata Masaki (平田真基) and Moriwaki Akira (森脇 朗). The committee is chaired by outside director Muneoka Toru (宗岡 徹).」
The Company reiterates the appointment and compensation deliberation structure through the Nomination and Compensation Committees, chaired by outside directors. - FY2021RestatedAnnual report
「The Company has established a voluntary advisory Nomination Committee consisting of 6 members: director Nishimura Motohide (西村元秀); outside directors Muneoka Toru (宗岡 徹) and Kondo Tsuyoshi (近藤剛史); outside director and full-time Audit and Supervisory Committee member Yamajo Hiromichi (山條博通); and outside directors and Audit and Supervisory Committee members Mori Shinichi (森 眞一) and Hirata Masaki (平田真基). The committee is chaired by outside director Muneoka Toru (宗岡 徹).」
The Company reiterates its policy of establishing Nomination and Compensation Committees, describing their composition with an outside director as chair and their role in deliberating and making recommendations on director appointments, succession planning and compensation. - FY2020First statedAnnual report
「The Company has established a voluntary advisory Nomination Committee consisting of 6 members: director Nishimura Motohide (西村元秀); outside directors Muneoka Toru (宗岡 徹) and Kondo Tsuyoshi (近藤剛史); outside director and full-time Audit and Supervisory Committee member Yamajo Hiromichi (山條博通); and outside directors and Audit and Supervisory Committee members Mori Shinichi (森 眞一) and Hirata Masaki (平田真基). The Company has also established a voluntary advisory Compensation Committee consisting of 7 members: directors Nishimura Motohide (西村元秀) and Narita Kazuto (成田和人); outside directors Muneoka Toru (宗岡 徹) and Kondo Tsuyoshi (近藤剛史); outside director and full-time Audit and Supervisory Committee member Yamajo Hiromichi (山條博通); and outside directors and Audit and Supervisory Committee members Mori Shinichi (森 眞一) and Hirata Masaki (平田真基).」
The Company describes an advisory structure for appointment and compensation decisions, comprising Nomination and Compensation Committees chaired by outside directors.