CSR

Governance-related Data

Corporate Governance

Organizational Structure Company with Audit & Supervisory Board
Chairperson of the Board Company Chairperson
Number of Directors 10
 Number of Independent Outside Directors 2
 Number of Female directors 0
Term of Office of Directors 1 year
Number of Audit & Supervisory Board Members 5
 Number of Outside Independent Audit & Supervisory Board Members 3
 Number of Female Audit & Supervisory Board Members 0
Chairperson of Nomination and Remuneration Advisory Committee Independent Outside Board Member
Number of Nomination and Remuneration Advisory Committee 5
 Number of Independent Outside Nomination and Remuneration Advisory Committee 3

Director Compensation

  • Director Compensation in Fiscal 2016
  • (millions of yen)
Classification Basic remuneration Bonus Stock-based compensation Stock options Total
Number of people Monetary total Number of people Monetary total Number of people Recorded as expenses Number of people Recorded as expenses Number of people Monetary total
Directors 11 332 8 191 8 65 10 9 11 598
including external directors 3 24 2 1 3 25
Corporate Auditors 7 78 2 14 7 92
including external corporate auditors 3 28 3 28
  1. As listed above, the number of eligible officers includes 1 Outside Director and 2 Kansayaku who retired at the closing of the 94th Annual General Meeting of Shareholders held on June 28, 2016.
2. The aforementioned amount paid to Directors does not include the portion of employee's salary (including bonus) amounting to 115 million yen for Directors who concurrently serve as employees.
3. New stock option grants were discontinued following the shift to a stock-based compensation system from June 2016, but the amount stock option grants will be recorded as necessary accounting expenses for fiscal 2016.

Shareholder Rights

Anti-takeover Measures None

Accounting

Independent Accounting Auditor Ernst & Young ShinNihon LLC

※Governance-related data is current as of June 28, 2017.