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Axell (6730) · PolicyRestated

Introduction and Operation of Directors and Officers Liability Insurance Contracts

First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseFirst statedFY2022 – FY20232022: 120222023: 12023
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Governance Response Through Directors and Officers Liability InsuranceA theme 867 companies write about · 0 as a headwind · 723 as a tailwind
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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 867 threads.
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  1. FY2023RestatedAnnual report

    「The Company has entered into an officers' and directors' liability insurance contract with an insurance company, as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering the directors and audit & supervisory board members of the Company and its subsidiaries. The Company bears the full cost of the insurance premiums.」

    The Company reiterated its officers' and directors' liability insurance contract covering directors and audit & supervisory board members, and its payment of the full cost of the insurance premiums.
  2. FY2022First statedAnnual report

    「The Company has entered into an officers' and directors' liability insurance contract with an insurance company, as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering the directors and audit & supervisory board members of the Company and its subsidiaries. The policy covers losses that may arise when an insured person is held liable in connection with the performance of their duties or receives a claim seeking such liability. The Company bears the full cost of the insurance premiums.」

    The Company disclosed an officers' and directors' liability insurance contract covering directors and audit & supervisory board members, with the Company bearing the full cost of the premiums.
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Introduction and Operation of Directors and Officers Liability Insurance Contracts | AXELL CORPORATION (6730) | Komori