Directors and Officers Liability Insurance
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as prescribed in Article 430-3, paragraph 1 of the Companies Act, covering all of its directors as insured persons. The company bears the entire insurance premium.」
The company continues to maintain a directors and officers liability insurance contract covering all directors, with the company bearing the insurance premium. - FY2023RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as prescribed in Article 430-3, paragraph 1 of the Companies Act, covering all of its directors as insured persons. The company bears the entire insurance premium.」
The company continues to maintain a directors and officers liability insurance contract covering all directors, with the company bearing the insurance premium. - FY2022Change in premium burdenAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as prescribed in Article 430-3, paragraph 1 of the Companies Act, covering all of its directors as insured persons. The company bears the entire insurance premium.」
The company continues to maintain an insurance contract covering all directors, with the disclosure changing from the insured persons bearing the premium, as stated previously, to the company bearing the entire premium. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as prescribed in Article 430-3, paragraph 1 of the Companies Act, covering all of its directors as insured persons. The insured persons bear an amount equivalent to 10% of the insurance premium.」
The company discloses a directors and officers liability insurance contract covering all directors, and states that the insured persons bear certain deductibles and 10% of the insurance premium.