Addressing director and officer liability risks through directors and officers liability insurance
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2026.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The policy of preparing for losses associated with director liability through directors and officers liability insurance is being continued. - FY2025RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The policy of preparing for losses associated with director liability through directors and officers liability insurance is being continued. - FY2023RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The policy of preparing for losses associated with director liability through directors and officers liability insurance is being continued. - FY2022RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The policy of preparing for losses associated with director liability through directors and officers liability insurance has been reconfirmed. - FY2021First statedAnnual report
「The Company has entered into a directors' and officers' liability insurance contract with an insurance company, designating the Company's officers as insured persons pursuant to Article 430-3, paragraph 1 of the Companies Act. The insurance is intended to cover damages that may arise when an insured person incurs liability in connection with the performance of their duties or receives a claim seeking to hold them liable.」
The company has, for the first time, stated that it has entered into a directors' and officers' liability insurance contract to prepare for liability for damages and other liabilities arising from the performance of officers' duties.