Addressing Directors' Liability Risk through Directors and Officers Liability Insurance
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company pursuant to Article 430-3, Paragraph 1 of the Companies Act. The policy covers losses, including claims for damages arising from wrongful acts by insured persons, including the Company's directors.」
The Company continues its policy of covering losses arising from directors' and officers' liability through directors and officers liability insurance. - FY2024First statedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company pursuant to Article 430-3, Paragraph 1 of the Companies Act. The policy covers losses, including claims for damages arising from wrongful acts by insured persons, including the Company's directors, except in cases involving criminal acts or other unlawful conduct.」
The Company has disclosed a directors and officers liability insurance policy covering claims for damages and other losses involving insured persons, including its directors.