Introduction of D&O (Directors and Officers Liability) Insurance
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
- FY2022AchievedAnnual report
「The Company has entered into an officers' and directors' liability insurance (D&O insurance) contract with an insurance company, naming all directors, including directors serving as Audit and Supervisory Committee members, as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act.」
The D&O insurance contract disclosed as planned in the previous fiscal year has been concluded, naming all directors, including directors serving as Audit and Supervisory Committee members, as insured persons. - FY2021First statedAnnual report
「To enable each director nominee to fully perform the role expected of them in carrying out their duties and to attract capable personnel, the Company plans to enter into an officers' and directors' liability insurance (D&O insurance) contract with an insurance company on 1 July 2021, naming all directors as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act.」
The Company has made its first disclosure that it plans to enter into a D&O insurance contract on 1 July 2021 naming all directors as insured persons. Acts carried out with knowledge of a legal violation and similar acts are excluded from coverage.