Ensuring the independence of compensation decisions through the Compensation Advisory Committee
First written in FY2018. 1 of 5 entries say "Advanced", first in FY2025. Latest entry: 2026-06-02.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- 2026-06-02RestatedGeneral Meetings of Shareholders
「As chair of the Compensation Advisory Committee, I lead the oversight function in the process of determining executive compensation and other matters from an objective standpoint.」
The Company continues to operate a Compensation Advisory Committee chaired by an outside director and to exercise oversight over the process for determining executive compensation. - FY2025AdvancedAnnual report
「The voluntary Compensation Advisory Committee was held once during the fiscal year, and its specific deliberations included matters concerning the evaluation and compensation of directors and executive officers.」
The company states that the Compensation Advisory Committee met once during the fiscal year to deliberate on the evaluation and compensation of directors and executive officers. - FY2022Specified how recommendations are reflected in the compensation decision policy.Annual report
「Target performance indicators and their values are set when the medium-term management plan is prepared so that they are consistent with the plan, and are reviewed as appropriate in response to changes in the business environment, based on recommendations from the voluntary Compensation Advisory Committee chaired by an outside director.」
The company expressly states that performance indicators and their values are reviewed in response to changes in the business environment based on recommendations from the Compensation Advisory Committee. - FY2020Specified the matters deliberated by the Compensation Advisory Committee.Annual report
「The Compensation Advisory Committee deliberates on policies governing the compensation received by executive officers, the details of individual compensation and other matters concerning directors' compensation deemed necessary, as well as draft amendments to the compensation system, and submits its recommendations to the Board of Directors promptly after deliberation.」
For the Compensation Advisory Committee chaired by an outside director, the company specifically described the matters subject to deliberation and the procedure for submitting recommendations to the Board of Directors. - FY2018First statedAnnual report
「In addition, the company has voluntarily established a Compensation Advisory Committee as an advisory body to the Board of Directors, chaired by an outside director. The committee provides independent recommendations on compensation decisions, and the company has established a structure to enhance its effectiveness and strengthen corporate governance.」
The company has, for the first time, expressly described a mechanism under which a voluntary Compensation Advisory Committee chaired by an outside director provides independent recommendations on executive compensation decisions.