Addressing Directors' Liability Risk through Directors and Officers Liability Insurance
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 agreement with an insurance company, covering as insured persons the Company's directors, executive officers and directors of the Company, as well as all directors of its subsidiaries other than AICHI NZ LIMITED, as provided for in Article 430-3 of the Companies Act.」
The company continues to maintain its directors and officers liability insurance agreement covering directors, executive officers, directors and others, together with the mechanism for establishing a deductible. - FY2024RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company, covering as insured persons the Company's directors, executive officers and directors of the Company, as well as all directors of its subsidiaries other than AICHI NZ LIMITED, as provided for in Article 430-3 of the Companies Act.」
The company continues to maintain its directors and officers liability insurance agreement covering directors, executive officers, directors and others, together with the mechanism for establishing a deductible. - FY2022RestatedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company, covering as insured persons the Company's directors, executive officers and directors of the Company, as well as all directors of its subsidiaries other than AICHI NZ LIMITED and AICHI AUS PTY LTD, as provided for in Article 430-3 of the Companies Act.」
The company continues to disclose its directors and officers liability insurance agreement covering directors, executive officers, directors and others, together with the mechanism for establishing a deductible. - FY2021First statedAnnual report
「The Company has entered into a directors and officers liability insurance agreement with an insurance company, covering as insured persons the Company's directors, executive officers and directors of the Company, as well as all directors of its subsidiaries other than AICHI NZ LIMITED and AICHI AUS PTY LTD, as provided for in Article 430-3 of the Companies Act as amended, which came into force on 1 March 2021.」
In response to the enforcement of the amended Companies Act, the company has, for the first time, disclosed that it entered into a directors and officers liability insurance agreement covering directors, executive officers, directors and others. A deductible has been established, excluding losses below a specified amount from coverage.