Execution of Directors and Officers Liability Insurance Agreement
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
118 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「To enable directors to fully perform their expected roles, the company has entered into a directors and officers liability insurance contract with an insurance company, designating its directors as insured persons, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the entire insurance premium.」
The company continues to maintain the arrangement under which it has entered into a directors and officers liability insurance contract and bears the entire insurance premium. - FY2021First statedAnnual report
「To enable directors to fully perform their expected roles, the company has entered into a directors and officers liability insurance contract with an insurance company, designating its directors as insured persons, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the entire insurance premium.」
The company has entered into a directors and officers liability insurance contract covering losses related to the performance of directors’ duties and has disclosed for the first time that it bears the entire insurance premium.