Limitation-of-Liability Agreements with Outside Directors and Outside Corporate Auditors
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Pursuant to Article 427, Paragraph 1 of the Companies Act, the Company has entered into agreements with its outside directors and outside corporate auditors limiting their liability for damages under Article 423, Paragraph 1 of the Companies Act to the maximum amount prescribed by law when they have acted in good faith and without gross negligence in performing their duties.」
社外取締役及び社外監査役との責任限定契約を締結しているとの説明を再掲している。 - FY2025RestatedAnnual report
「Pursuant to Article 427, Paragraph 1 of the Companies Act, the Company has entered into agreements with its outside directors and outside corporate auditors limiting their liability for damages under Article 423, Paragraph 1 of the Companies Act to the maximum amount prescribed by law when they have acted in good faith and without gross negligence in performing their duties.」
社外取締役及び社外監査役との責任限定契約を締結しているとの説明を再掲している。 - FY2023RestatedAnnual report
「Pursuant to Article 427, Paragraph 1 of the Companies Act, the Company has entered into agreements with its outside directors and outside corporate auditors limiting their liability for damages under Article 423, Paragraph 1 of the Companies Act to the maximum amount prescribed by law when they have acted in good faith and without gross negligence in performing their duties.」
社外取締役及び社外監査役との責任限定契約を締結しているとの説明を再掲している。 - FY2022RestatedAnnual report
「Pursuant to Article 427, Paragraph 1 of the Companies Act, the Company has entered into agreements with its outside directors and outside corporate auditors limiting their liability for damages under Article 423, Paragraph 1 of the Companies Act to the maximum amount prescribed by law when they have acted in good faith and without gross negligence in performing their duties.」
社外取締役及び社外監査役との責任限定契約を締結しているとの説明を再掲している。 - FY2021First statedAnnual report
「Pursuant to Article 427, Paragraph 1 of the Companies Act, the Company has entered into agreements with its outside directors and outside corporate auditors limiting their liability for damages under Article 423, Paragraph 1 of the Companies Act to the maximum amount prescribed by law when they have acted in good faith and without gross negligence in performing their duties.」
Discloses agreements limiting the liability of outside directors and outside corporate auditors to the statutory maximum when they acted in good faith and without gross negligence.