Addressing Officer Liability Risks Through Directors and Officers Liability Insurance
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「We have entered into a directors and officers liability insurance agreement with an insurance company, as stipulated in Article 430-3, Paragraph 1 of the Companies Act, covering the directors, audit & supervisory board members, executive officers, accounting auditors and key employees of the Company and its subsidiaries as insured persons.」
Disclosure of the directors and officers liability insurance agreement, its covered persons and its scope of coverage is continuing. - FY2025RestatedAnnual report
「We have entered into a directors and officers liability insurance agreement with an insurance company, as stipulated in Article 430-3, Paragraph 1 of the Companies Act, covering the directors, audit & supervisory board members, executive officers, accounting auditors and key employees of the Company and its subsidiaries as insured persons.」
Disclosure of the directors and officers liability insurance agreement, its covered persons and its scope of coverage is continuing. - FY2022First statedAnnual report
「We have entered into a directors and officers liability insurance agreement with an insurance company, as stipulated in Article 430-3, Paragraph 1 of the Companies Act, covering the directors, audit & supervisory board members, executive officers, accounting auditors and key employees of the Company and its subsidiaries as insured persons.」
It has disclosed for the first time a framework involving a directors and officers liability insurance agreement covering directors, audit & supervisory board members, executive officers and others, and providing indemnification for certain litigation-related losses.