Execution of Directors and Officers Liability Insurance
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
118 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act. The contract covers losses that may arise when insured officers, excluding outside officers, incur liability in the performance of their duties or receive claims relating to the pursuit of such liability.」
The company continued its directors and officers liability insurance contract covering officers other than outside officers. - FY2022First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act. The contract covers losses that may arise when insured officers, excluding outside officers, incur liability in the performance of their duties or receive claims relating to the pursuit of such liability.」
The company disclosed for the first time the details of its directors and officers liability insurance contract covering directors and audit & supervisory board members, excluding outside officers.