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40 NIKON REPORT 2016
Compensation for Directors and Corporate Auditors (Year ended March 31, 2016)
Category
Monthly compensation
Subscription rights to shares
granted as stock-related
compensation
Bonuses Total
Number of
persons
Amount of
compensation
Number of
persons
Amount of
compensation
Number of
persons
Amount of
compensation
Number of
persons
Amount of
compensation
Directors
(External directors out of
all directors)
11
(2)
¥319 million
(¥20 million)
8
(—)
¥108 million
(—)
7
(—)
¥65 million
(—)
11
(2)
¥493 million
(¥20 million)
Corporate auditors
(External corporate audi-
tors out of all corporate
auditors)
5
(2)
¥71 million
(¥20 million) — — — — 5
(2)
¥71 million
(¥20 million)
Total 16 ¥390 million 8 ¥108 million 7 ¥65 million 16 ¥564 million
Notes: 1. The number of persons shown above includes one director (excluding external directors) and one corporate auditor (excluding external corporate auditors) who retired at
the conclusion of the 151st Annual General Shareholders’ Meeting held on June 26, 2015.
2. The amount of subscription rights to shares granted as stock-related compensation in the above table indicates the amount of compensation, etc., concerning subscription
rights to shares granted to directors (excluding non-full-time and external directors) recorded as expenses during the scal year.
Method for Calculating Compensation
Basic policies
regarding
compensation
Executive compensation will be determined to satisfy the following basic matters.
• Executive compensation should motivate executives to sustainably improve values of companies and shareholders, as well as enhance
willingness and morale.
• Executive compensation should keep, cultivate, and reward excellent personnel.
• The decision process for the compensation system should be objective and transparent.
The Company establishes the Compensation Committee which
consists of representative directors, external directors, and external
experts. The Compensation Committee deliberates and makes proposals
for policy regarding executive compensation as well as various related
systems so as to ensure objectivity, transparency, and linkage with
performance in the process of determining executive compensation.
Compensation Committee
The Executive Committee, as the highest decision-making body of the
management, swiftly and decisively makes decisions on individual
major management issues delegated by the Board of Directors, in
accordance with basic management policies, etc., as determined by
the Board of Directors.
Executive Committee
Attendance at Meetings of the Board of Directors and Board of Corporate Auditors by External Directors and External Corporate Auditors
(Year ended March 31, 2016)
Category Name Attendance at Meetings of the Board of
Directors
Attendance at Meetings of the Board of
Corporate Auditors
External directors
Kenji Matsuo Present at 12 of 13 meetings —
Koukei Higuchi Present at 9 of 13 meetings —
External corporate auditors
Haruya Uehara Present at 13 of 13 meetings Present at 11 of 11 meetings
Hiroshi Hataguchi Present at 13 of 13 meetings Present at 11 of 11 meetings
40 NIKON REPORT 2016