Addressing Director and Officer Liability Through D&O Liability Insurance
First written in FY2022. 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 (D&O insurance) contract with an insurance company, covering directors, audit & supervisory board members and executive officers as insured persons, as prescribed in Article 430-3, paragraph 1 of the Companies Act. The company bears the full cost of the premiums.」
The company has reconfirmed the D&O insurance contract covering directors, audit & supervisory board members and executive officers, and the company's payment of the premiums. - FY2023RestatedAnnual report
「The company has entered into a directors' and officers' liability insurance (D&O insurance) contract with an insurance company, covering directors, audit & supervisory board members and executive officers as insured persons, as prescribed in Article 430-3, paragraph 1 of the Companies Act. The company bears the full cost of the premiums.」
The company has reconfirmed the D&O insurance contract covering directors, audit & supervisory board members and executive officers, and the company's payment of the premiums. - FY2022First statedAnnual report
「The company has entered into a directors' and officers' liability insurance (D&O insurance) contract with an insurance company, covering directors, executive officers and audit & supervisory board members as insured persons, as prescribed in Article 430-3, paragraph 1 of the Companies Act. The company bears the full cost of the premiums.」
The company has for the first time explicitly described its arrangement for entering into directors' and officers' liability insurance covering directors, executive officers and audit & supervisory board members, with the company bearing the premiums. It plans to continue the contract upon its next renewal.