Managing Director Liability Risk Through Directors and Officers Liability Insurance
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, under which damages, litigation expenses and other costs to be borne by the insured will be indemnified.」
The company continues to maintain a directors’ and officers’ liability insurance policy covering directors and audit & supervisory board members as insured persons. - FY2023RestatedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, under which damages, litigation expenses and other costs to be borne by the insured will be indemnified.」
The company continues to maintain a directors’ and officers’ liability insurance policy covering directors and audit & supervisory board members as insured persons. - FY2021First statedAnnual report
「The company has entered into a directors’ and officers’ liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, under which damages, litigation expenses and other costs to be borne by the insured will be indemnified.」
The company disclosed, as a separate governance measure, that it had entered into a directors’ and corporate auditors’ liability insurance contract covering its directors and corporate auditors.