Urbanet Corporation (3242) · InitiativeRestated
Addressing Officers’ Litigation Costs and Other Expenses Through Directors and Officers Liability Insurance
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
2entries
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Governance Response Through Directors and Officers Liability InsuranceA theme 882 companies write about · 0 as a headwind · 735 as a tailwind
118 other companies' latest entry also says "Restated".
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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 882 threads.Full recordFilings, disclosures and news, newest first
- FY2023RestatedAnnual report
「We have 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, under which damages and litigation costs incurred by insured persons will be covered.」
The company has reaffirmed its handling of officers' damages and litigation costs through directors and officers liability insurance. - FY2021First statedAnnual report
「We have 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, under which damages and litigation costs incurred by insured persons will be covered.」
The company has, for the first time, disclosed the conclusion of a directors and officers liability insurance contract covering directors, audit & supervisory board members, executive officers and others. Damages and other payments arising from criminal acts are excluded from coverage.