Addressing Director Liability Risk through Directors and Officers Liability Insurance
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insurance contract provides coverage for losses, including losses arising when an insured person incurs liability for damages in connection with their duties, except for losses falling under exclusions specified in the insurance contract.」
The Company continues to address officer liability risks through its directors and officers liability insurance contract. - FY2021First statedAnnual report
「The Company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insurance contract provides coverage for losses, including losses arising when an insured person incurs liability for damages in connection with their duties, except for losses falling under exclusions specified in the insurance contract.」
The Company disclosed a directors and officers liability insurance contract covering directors, corporate auditors and executive officers of the Company and its domestic subsidiaries.