Introduction of Directors and Officers Liability Insurance Contracts
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insurance contract covers losses that may arise when an insured person becomes liable in connection with the performance of their duties or receives a claim relating to the pursuit of such liability.」
The directors and officers liability insurance contract covering directors, executive officers and certain employees at the level of department manager or above remains in effect. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insurance contract covers losses that may arise when an insured person becomes liable in connection with the performance of their duties or receives a claim relating to the pursuit of such liability.」
The company has entered into a directors and officers liability insurance contract covering directors, executive officers and certain employees at the level of department manager or above. The company bears the entire insurance premium.