Entering Into and Renewing Directors and Officers Liability Insurance Contracts
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The insurance contract provides coverage for losses that insured persons may incur by being held liable in connection with the performance of their duties or by receiving claims seeking to impose such liability. The contract is renewed annually, and the company plans to renew it on the same terms at the next renewal.」
The company continues its directors and officers liability insurance contract, with annual renewals and plans to renew it on the same terms at the next renewal. - FY2023RestatedAnnual report
「The insurance contract provides coverage for losses that insured persons may incur by being held liable in connection with the performance of their duties or by receiving claims seeking to impose such liability. The contract is renewed annually, and the company plans to renew it on the same terms at the next renewal.」
The company continues its directors and officers liability insurance contract, with annual renewals and plans to renew it on the same terms at the next renewal. - FY2022RestatedAnnual report
「The insurance contract provides coverage for losses that insured persons may incur by being held liable in connection with the performance of their duties or by receiving claims seeking to impose such liability. The contract is renewed annually, and the company plans to renew it on the same terms at the next renewal.」
The company continues its directors and officers liability insurance contract, with annual renewals and plans to renew it on the same terms at the next renewal. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company, covering as insured persons the directors and audit & supervisory board members of the company and its consolidated subsidiaries, including those who served during the fiscal year, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the full amount of the insurance premiums.」
The company has entered into a directors and officers liability insurance contract covering directors and audit & supervisory board members, with a policy of renewing it annually.