Addressing director liability through directors and officers liability insurance
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: 2026-09-02.
- 2026-09-02RestatedGeneral Meetings of Shareholders
「The Company has entered into a directors and officers liability insurance agreement with an insurance company, covering all directors, audit & supervisory board members and executive officers of the Company and its subsidiaries as insured persons, as prescribed in Article 430-3, Paragraph 1 of the Companies Act, and plans to continue and renew the agreement.」
The policy of continuing and renewing the directors and officers liability insurance agreement covering directors, audit & supervisory board members and executive officers is reconfirmed. - FY2023RestatedAnnual report
「The company has entered into a directors' and officers' liability insurance contract with an insurance company covering all directors, audit & supervisory board members and executive officers of the company and its subsidiaries as insured persons, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the entire insurance premium.」
The company reiterates its directors' and officers' liability insurance contract covering directors, audit & supervisory board members and executive officers. - FY2022RestatedAnnual report
「The company has entered into a directors' and officers' liability insurance contract with an insurance company covering all directors, audit & supervisory board members and executive officers of the company and its subsidiaries as insured persons, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the entire insurance premium.」
The company reiterates its directors' and officers' liability insurance contract covering directors, audit & supervisory board members and executive officers. - FY2021First statedAnnual report
「The company has entered into a directors' and officers' liability insurance contract with an insurance company covering all directors, audit & supervisory board members and executive officers of the company and its subsidiaries as insured persons, as provided for in Article 430-3, Paragraph 1 of the Companies Act. The company bears the entire insurance premium.」
The company describes for the first time, as a separate topic, an insurance contract covering directors, audit & supervisory board members and executive officers against damages and litigation expenses arising from claims for damages by shareholders and third parties.