Execution of Directors and Officers Liability Insurance
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The Company has entered into a directors’ and officers’ liability insurance agreement with an insurance company, as prescribed in Article 430-3, paragraph 1 of the Companies Act, covering the directors of the Company and its subsidiaries, including those who served during the fiscal year, as insured persons. The Company bears the full amount of the insurance premiums.」
Continued disclosure of the directors’ and officers’ liability insurance agreement covering the directors of the Company and its subsidiaries, and the policy of annual renewal. - FY2022RestatedAnnual report
「The insurance agreement generally provides that the insurance company will indemnify losses that may arise when the insured officers become liable in connection with the performance of their duties or receive claims seeking to hold them liable. The agreement is renewed annually.」
Continued disclosure of the directors’ and officers’ liability insurance agreement and the policy of annual renewal. - FY2021First statedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company covering the Company’s directors, including those who served during the current fiscal year, as insured persons. The Company bears the full insurance premiums.」
It was disclosed that the Company entered into directors’ and officers’ liability insurance covering losses arising in connection with the performance of directors’ duties, with a policy of renewing the agreement annually.