Introduction and Renewal of Directors and Officers Liability Insurance Contracts
First written in FY2021. 1 of 2 entries say "Raised", first in FY2023. Latest entry: FY2023.
- FY2023RaisedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, covering the company's directors and audit & supervisory board members and the directors and audit & supervisory board members of its subsidiaries, including those who held these positions during the fiscal year, as insured persons, as prescribed in Article 430-3, Paragraph 1 of the Companies Act. The company bears the full cost of the premiums.」
The disclosure expands coverage under the directors and officers liability insurance to the company's and its subsidiaries' directors and audit & supervisory board members, with the company bearing the full cost of the premiums. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, covering the company's directors and executive officers as insured persons, as prescribed in Article 430-3, Paragraph 1 of the Companies Act. The insured persons bear part of the premiums.」
The company discloses a policy of maintaining directors and officers liability insurance covering directors and executive officers, with the policy renewed annually.