Addressing director liability risk through directors and officers liability insurance
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024.
119 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company, covering all of its directors and Audit & Supervisory Board members as insured persons, as provided for in Article 430-3, Paragraph 1 of the amended Companies Act, which took effect on 1 March 2021.」
全取締役・監査役を対象とするD&O保険契約と、犯罪行為等に起因する損害を補償対象外とする内容を継続している。 - FY2022RestatedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company, covering all of its directors and Audit & Supervisory Board members as insured persons, as provided for in Article 430-3, Paragraph 1 of the amended Companies Act, which took effect on 1 March 2021.」
全取締役・監査役を被保険者とするD&O保険契約と、犯罪行為等に起因する損害を補償対象外とする内容を継続して開示している。 - FY2021First statedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company, covering all of its directors and Audit & Supervisory Board members as insured persons, as provided for in Article 430-3, Paragraph 1 of the amended Companies Act, which took effect on 1 March 2021.」
Discloses a D&O insurance policy covering all directors and Audit & Supervisory Board members, including litigation costs and damages in company, third-party, and shareholder derivative actions. The policy does not cover losses arising from criminal acts or similar conduct.