Execution of directors and officers liability insurance
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has entered into a directors and officers liability insurance agreement with an insurance company pursuant to Article 430-3, paragraph 1 of the Companies Act. The insurance agreement provides coverage for losses that may arise when the company’s directors and other insured persons incur liability in connection with the performance of their duties or receive claims seeking to enforce such liability.」
The company continues to maintain the directors and officers liability insurance agreement and the coverage framework, which includes certain exclusions. - FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance agreement with an insurance company pursuant to Article 430-3, paragraph 1 of the Companies Act. The insurance agreement provides coverage for losses that may arise when the company’s directors and other insured persons incur liability in connection with the performance of their duties or receive claims seeking to enforce such liability.」
The company continues to maintain the directors and officers liability insurance agreement and the coverage framework, excluding acts knowingly conducted in violation of laws and regulations and other matters. - FY2023RestatedAnnual report
「The company has entered into a directors and officers liability insurance agreement with an insurance company pursuant to Article 430-3, paragraph 1 of the Companies Act. The insurance agreement provides coverage for losses that may arise when the company’s directors and other insured persons incur liability in connection with the performance of their duties or receive claims seeking to enforce such liability.」
The company continues to disclose the directors and officers liability insurance agreement and the coverage framework, excluding acts knowingly conducted in violation of laws and regulations and other matters. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance agreement with an insurance company pursuant to Article 430-3, paragraph 1 of the Companies Act. The insurance agreement provides coverage for losses that may arise when the company’s directors and other insured persons incur liability in connection with the performance of their duties or receive claims seeking to enforce such liability.」
The company first disclosed that it had entered into a directors and officers liability insurance agreement covering losses arising in connection with the performance of directors’ and officers’ duties.