Directors and Officers Liability Insurance Contract
First written in FY2022. 1 of 2 entries say "Raised", first in FY2023. Latest entry: FY2023.
- FY2023RaisedAnnual report
「The insured persons under the contract had previously been the Company's directors, executive officers and key employees. Effective 1 July 2022, directors, audit & supervisory board members, executive officers and key employees of domestic and overseas subsidiaries, with certain exceptions, were added to the insured group.」
Effective 1 July 2022, coverage under the directors and officers liability insurance contract was expanded to include officers and key employees of domestic and overseas subsidiaries, with certain exceptions. - FY2022First statedAnnual report
「The Company has entered into a directors and officers liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act. The insured persons under the contract are the Company's directors, executive officers and key employees, and the Company bears the full amount of the premiums.」
The Company has entered into a directors and officers liability insurance contract covering directors, executive officers and key employees. Exclusions, including criminal acts, are also specified.