Addressing director liability risk through directors and officers liability insurance
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: 2026-05-28.
- 2026-05-28RestatedGeneral Meetings of Shareholders
「The insured parties under the directors and officers liability insurance policy are the Company's directors and officers of its subsidiaries, and the Company bears the full insurance premiums for all insured parties.」
The Company reconfirmed the operation of directors and officers liability insurance covering its directors and the officers of its subsidiaries. - FY2024RestatedAnnual report
「The insured parties under the directors and officers liability insurance policy are the Company's directors and officers of its subsidiaries, and the Company bears the full insurance premiums for all insured parties.」
The company has continued its policy of providing directors and officers liability insurance for the company's directors and officers of subsidiaries and bearing the full amount of the premiums. - FY2023RestatedAnnual report
「The insured parties under the directors and officers liability insurance policy are the Company's directors and officers of its subsidiaries, and the Company bears the full insurance premiums for all insured parties.」
The company has continued its policy of covering the company's directors and officers of subsidiaries under directors and officers liability insurance and bearing the full amount of the premiums. - FY2022RaisedAnnual report
「The insured parties under the directors and officers liability insurance policy are the Company's directors and officers of its subsidiaries, and the Company bears the full insurance premiums for all insured parties.」
The company disclosed that the scope of insured persons under its directors and officers liability insurance had been expanded from the company's directors to include officers of subsidiaries. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, under which the policy will cover losses that may arise when insured persons incur liability in the course of performing their duties or receive claims seeking to hold them liable. The insured persons under the policy are the company's directors, and the company bears the full amount of the premiums for all insured persons.」
The company first disclosed as a separate initiative its directors and officers liability insurance policy covering directors for losses arising from the performance of their duties. The company bears the full amount of the premiums.