Introduction of Directors and Officers Liability Insurance Policy
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual 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 parties are the directors and audit & supervisory board members of the company and its subsidiaries Kanto Aircraft Instrument Co., Ltd., Issei Co., Ltd. and Ishimex Co., Ltd.」
The directors and officers liability insurance contract covering the directors and audit & supervisory board members of the company and its 3 consolidated subsidiaries remains in place. - FY2021First 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 parties are the directors and audit & supervisory board members of the company and its subsidiaries Kanto Aircraft Instrument Co., Ltd., Issei Co., Ltd. and Ishimex Co., Ltd.」
The company disclosed a directors and officers liability insurance contract covering the directors and audit & supervisory board members of the company and its 3 consolidated subsidiaries. The contract covers damages and litigation expenses, with the company bearing the premiums.