Introduction of directors’ and officers’ liability insurance
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
115 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company, designating the company’s directors and audit & supervisory board members as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The company bears the full amount of the insurance premiums, including the premiums for special coverage.」
Reiterates the directors’ and officers’ liability insurance contract covering directors and audit & supervisory board members and the company’s payment of the insurance premiums. - FY2022RestatedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company, designating the company’s directors and audit & supervisory board members as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The company bears the full amount of the insurance premiums, including the premiums for special coverage.」
Reiterates the directors’ and officers’ liability insurance contract covering directors and audit & supervisory board members and the company’s payment of the premiums. - FY2021First statedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company, designating the company’s directors and audit & supervisory board members as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The company bears the full amount of the insurance premiums, including the premiums for special coverage.」
For the first time, describes a directors’ and officers’ liability insurance contract covering directors and audit & supervisory board members and the mechanism for indemnifying certain losses.