Directors and Officers Liability Insurance Policy
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The insured parties are directors, audit & supervisory board members and executive officers of our company and its subsidiaries, as well as employees in key positions, including managerial positions. The policy covers losses incurred as a result of claims for damages arising from the insured parties’ duties. However, the policy includes an exclusion stating that losses resulting from illegal acts are not covered.」
The company has explicitly expanded the scope of its directors and officers liability insurance from officers of the company and its subsidiaries to employees in key positions, including managerial positions, and has disclosed the exclusion for illegal acts. - FY2025RestatedAnnual report
「We have entered into a directors and officers liability insurance policy with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insured parties are our directors, audit & supervisory board members and executive officers, and the policy covers losses incurred as a result of claims for damages arising from the insured parties’ duties.」
The company continues to maintain directors and officers liability insurance covering directors, audit & supervisory board members and executive officers. - FY2021First statedAnnual report
「We have entered into a directors and officers liability insurance policy with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insured parties are our directors, audit & supervisory board members and executive officers, and the policy covers losses incurred as a result of claims for damages arising from the insured parties’ duties.」
The company has introduced directors and officers liability insurance covering directors, audit & supervisory board members and executive officers.