Execution of a directors and officers liability insurance policy
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company has entered into an officers’ and directors’ liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. All directors and Audit & Supervisory Board members are insured under the contract, and the Company bears the full cost of the premiums. In general, under the contract, the insurance company indemnifies insured persons for losses that may arise when they are held liable in connection with the performance of their duties or receive a claim seeking to establish such liability. The contract is renewed annually.」
The Company continues to maintain an officers’ and directors’ liability insurance contract covering all directors and Audit & Supervisory Board members, with the Company bearing the full cost of the premiums. - FY2022RestatedAnnual report
「All directors and Audit & Supervisory Board members are insured under the contract, and the Company bears the full cost of the premiums.」
The Company continues to maintain an officers’ and directors’ liability insurance contract covering all directors and Audit & Supervisory Board members, with the Company bearing the full cost of the premiums. - FY2021First statedAnnual report
「The Company has entered into an officers’ and directors’ liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. All directors and Audit & Supervisory Board members are insured under the contract, and the Company bears the full cost of the premiums.」
The Company has entered into an officers’ and directors’ liability insurance contract covering all directors and Audit & Supervisory Board members, with the Company bearing the full cost of the premiums. The contract is renewed annually.