Fuji Electric Industry (6654) · InitiativeRestated
Entering into directors and officers liability insurance
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
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Governance Response Through Directors and Officers Liability InsuranceA theme 882 companies write about · 0 as a headwind · 735 as a tailwind
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- FY2023RestatedAnnual report
「The contract has a one-year term and is renewed on the same terms at renewal. The company bears the entire insurance premium.」
The company continues its arrangement of renewing, on the same terms, the one-year officers' liability insurance policy covering directors and executive officers, with the company bearing the entire insurance premium. - FY2022First statedAnnual report
「The contract commenced in July 2021 and has a one-year term. The company plans to renew it on the same terms when it next comes up for renewal.」
The company began an officers' liability insurance policy covering directors and executive officers in July 2021. The company bears the entire premium, while acts carried out with knowledge of a violation of laws or regulations and other such acts are excluded from coverage.