Addressing Officers’ Liability Risks Through D&O Insurance
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company has entered into a directors' and officers' liability insurance contract, as prescribed in Article 430-3, Paragraph 1 of the Companies Act, with an insurance company, covering the Company's directors, audit & supervisory board members and executive officers, as well as officers of its subsidiaries. The contract is referred to below as D&O insurance.」
The D&O insurance contract covering directors, audit & supervisory board members, executive officers and subsidiary officers is reiterated. - FY2022First statedAnnual report
「The Company has entered into a directors' and officers' liability insurance contract, as prescribed in Article 430-3, Paragraph 1 of the Companies Act, with an insurance company, covering the Company's directors, audit & supervisory board members and executive officers, as well as officers of its subsidiaries. The contract is referred to below as D&O insurance.」
The filing first describes a D&O insurance contract covering directors, audit & supervisory board members, executive officers and subsidiary officers, together with measures, including coverage limits, to ensure that the proper execution of duties is not impaired.