Entering into a directors and officers liability insurance policy
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which the contract covers damages from third-party lawsuits, shareholder derivative actions, company lawsuits and other claims that the insured may be required to bear.」
The directors and officers liability insurance contract covering all officers and certain exclusions were stated on an ongoing basis. - FY2025RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which the contract covers damages from third-party lawsuits, shareholder derivative actions, company lawsuits and other claims that the insured may be required to bear.」
The directors and officers liability insurance contract covering all officers and certain exclusions were stated on an ongoing basis. - FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which the contract covers damages from third-party lawsuits, shareholder derivative actions, company lawsuits and other claims that the insured may be required to bear.」
The directors and officers liability insurance contract covering all officers and certain exclusions were stated on an ongoing basis. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which the contract covers damages from third-party lawsuits, shareholder derivative actions, company lawsuits and other claims that the insured may be required to bear.」
The arrangement of entering into a directors and officers liability insurance contract covering all officers and covering certain litigation damages was identified for the first time.