Directors' and Officers' Liability Insurance Policy
First written in FY2022. 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 insurer as provided for in Article 430-3, Paragraph 1 of the Companies Act. The policy covers damages, litigation costs and other losses incurred by insured persons as a result of claims arising from acts, including omissions, performed in their capacity as company officers.」
The company continues its directors and officers liability insurance policy and discloses the arrangement covering damages and litigation costs. - FY2022First statedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurer as provided for in Article 430-3, Paragraph 1 of the Companies Act. The policy covers damages, litigation costs and other losses incurred by insured persons as a result of claims arising from acts, including omissions, performed in their capacity as company officers.」
The company discloses directors and officers liability insurance covering damages and litigation costs arising from the performance of directors' and officers' duties. Criminal acts and similar conduct are excluded from coverage.