Addressing Directors’ and Officers’ Liability Risk Through D&O Insurance
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2025.
119 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company has entered into a directors’ and officers’ liability insurance policy with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act. The policy covers damages and litigation costs incurred by insured persons when claims for damages are made in connection with acts, including omissions, performed in their capacity as company officers.」
役員等賠償責任保険により役員の損害賠償金・訴訟費用等を補填する方針を継続している。犯罪行為・意図的な違法行為は補償対象外としている。 - FY2022First statedAnnual report
「The Company has entered into a directors’ and officers’ liability insurance policy with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act. The policy covers damages and litigation costs incurred by insured persons when claims for damages are made in connection with acts, including omissions, performed in their capacity as company officers.」
The Group first disclosed its policy of covering damages and litigation costs arising from directors’ and officers’ duties through D&O insurance. Criminal acts, including bribery, and intentional illegal acts are excluded from coverage.