Indemnification agreements with directors and directors’ and officers’ liability insurance
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
8 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has entered into indemnification agreements with its directors as stipulated in Article 430-2, Paragraph 1 of the Companies Act, under which the company will indemnify the costs specified in Item 1 of that paragraph and the losses specified in Item 2 within the scope prescribed by laws and regulations.」
The company continues to have indemnification agreements with directors and directors’ and officers’ liability insurance contracts. Coverage is excluded in cases involving a breach of the duty of care of a prudent manager or gross negligence. - FY2023RestatedAnnual report
「The company has entered into indemnification agreements with its directors as stipulated in Article 430-2, Paragraph 1 of the Companies Act, under which the company will indemnify the costs specified in Item 1 of that paragraph and the losses specified in Item 2 within the scope prescribed by laws and regulations.」
The company continues to have indemnification agreements with directors and directors’ and officers’ liability insurance contracts, with coverage excluded in cases involving a breach of the duty of care of a prudent manager or gross negligence. - FY2022First statedAnnual report
「The company has entered into indemnification agreements with its directors as stipulated in Article 430-2, Paragraph 1 of the Companies Act, under which the company will indemnify the costs specified in Item 1 of that paragraph and the losses specified in Item 2 within the scope prescribed by laws and regulations. The company has entered into directors’ and officers’ liability insurance contracts with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act.」
The company has entered into indemnification agreements with directors and directors’ and officers’ liability insurance contracts, with indemnification and coverage excluded in cases involving a breach of the duty of care of a prudent manager or gross negligence.