Ensuring Fairness and Transparency in the Compensation Decision-Making Process through the Compensation Advisory Committee
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: 2026-06-25.
- 2026-06-25RestatedGovernance
「Nomination and Compensation Advisory Committee」
The Company has established a Nomination and Compensation Advisory Committee to make recommendations to the Board of Directors, as reiterated here. - FY2025RestatedAnnual report
「The committee consists of 5 directors, including 4 outside directors, with outside directors forming a majority.」
The company has continued with the Nomination and Remuneration Advisory Committee and a structure in which outside directors form a majority, seeking to ensure fairness and transparency in the nomination and remuneration determination processes. - FY2024ReframedAnnual report
「As of 27 February 2025, the committee consisted of 5 directors, including 4 outside directors, with outside directors forming a majority.」
Although the Nomination and Remuneration Advisory Committee changed from a 6-member structure to a 5-member structure, it maintained a structure in which 4 outside directors form a majority. - FY2022RestatedAnnual report
「Following a resolution at a meeting of the Board of Directors held on 23 December 2021, we established the Nomination and Remuneration Advisory Committee as a voluntary advisory body to the Board of Directors. As of 27 February 2023, the committee consisted of 6 directors, including 4 outside directors, with outside directors forming a majority.」
The company has continued with the Nomination and Remuneration Advisory Committee and a structure in which outside directors form a majority, seeking to ensure fairness and transparency in the nomination and remuneration determination processes. - FY2021ReframedAnnual report
「Following a resolution at a meeting of the Board of Directors held on 23 December 2021, we established the Nomination and Remuneration Advisory Committee as a voluntary advisory body to the Board of Directors. As of 25 February 2021, the committee consisted of 6 directors, including 4 outside directors, with outside directors forming a majority.」
The nomination function was added to the existing Remuneration Advisory Committee, which was reorganized as the Nomination and Remuneration Advisory Committee. It consists of 6 members, including 4 outside directors. - FY2020First statedAnnual report
「Following a resolution at a meeting of the Board of Directors held on 30 June 2020, we established the Remuneration Advisory Committee as a voluntary advisory body to the Board of Directors. As of 25 February 2021, the committee consisted of 5 directors, including 3 outside directors, with outside directors forming a majority.」
The company has, for the first time, described its policy of ensuring fairness and transparency in the remuneration determination process for directors and executive officers by establishing a Remuneration Advisory Committee with outside directors forming a majority.