TOKYO, Mar 25 (Pulse News Wire) – Nichidai Corporation (6467.T) announced today that its board of directors has decided to establish an advisory committee named the Nomination & Remuneration Committee. The purpose of this committee is to enhance transparency and objectivity in the processes related to director nominations and remuneration by ensuring appropriate involvement and advice from outside directors.
The committee will consist of three or more members, including independent outside directors selected by the board. It will convene to deliberate and advise on various matters such as setting basic policies and procedures for appointing and dismissing directors and executive officers, determining individual compensation for directors, and establishing limits on their remuneration subject to shareholder approval.
The committee's role also includes reviewing other issues deemed necessary by the committee itself. The Nomination & Remuneration Committee will begin operations on April 1, 2026.
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