Addressing Management Liability Risk Through Directors and Officers Liability Insurance
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
118 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has entered into directors’ and officers’ liability insurance contracts with an insurance company, covering all directors of the company and its subsidiaries and employees in supervisory or management positions as insured persons. The contracts cover damages, litigation costs and other expenses if an insured person becomes subject to a claim for damages or similar claim arising from the performance of their duties.」
The company continues to address liability risks through directors’ and officers’ liability insurance covering all directors and other eligible officers. - FY2023RestatedAnnual report
「The company has entered into directors’ and officers’ liability insurance contracts with an insurance company, covering all directors of the company and its subsidiaries and employees in supervisory or management positions as insured persons. The contracts cover damages, litigation costs and other expenses if an insured person becomes subject to a claim for damages or similar claim arising from the performance of their duties.」
The company continues to address liability risks through directors’ and officers’ liability insurance covering all directors and other eligible officers. - FY2022First statedAnnual report
「The company has entered into directors’ and officers’ liability insurance contracts with an insurance company, covering all directors of the company and its subsidiaries and employees in supervisory or management positions as insured persons. The contracts cover damages, litigation costs and other expenses if an insured person becomes subject to a claim for damages or similar claim arising from the performance of their duties.」
The company entered into a directors' and officers' liability insurance policy covering all directors and other eligible officers, and for the first time identified as a standalone topic the framework for covering damages and litigation costs arising from the performance of their duties.