Directors and Officers Liability Insurance Contract
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering all of the company's directors and audit & supervisory board members, as well as managerial employees and others, as insured persons.」
The directors and officers liability insurance contract covering directors, audit & supervisory board members, managerial employees and others remains in place. - FY2023RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering all of the company's directors and audit & supervisory board members, as well as managerial employees and others, as insured persons.」
The directors and officers liability insurance contract covering directors, audit & supervisory board members, managerial employees and others remains in place. - FY2022First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering all of the company's directors and audit & supervisory board members, as well as managerial employees and others, as insured persons.」
The directors and officers liability insurance contract covering directors, audit & supervisory board members, managerial employees and others is disclosed explicitly for the first time. Intentional violations of laws and regulations and other acts are excluded from coverage, and the company bears the entire insurance premium.