Addressing Director Liability Risk Through Directors and Officers Liability Insurance
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insured persons under the contract are the company's directors, including directors who are Audit and Supervisory Committee members, executive officers and presidents of subsidiaries.」
The company has reconfirmed the directors and officers liability insurance contract covering directors, executive officers and subsidiary presidents, as well as the framework excluding criminal acts and other acts from coverage. - FY2022RestatedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insured persons under the contract are the company's directors, including directors who are Audit and Supervisory Committee members, executive officers and presidents of subsidiaries.」
The company has reconfirmed the directors and officers liability insurance contract covering directors, executive officers and subsidiary presidents, as well as the framework for ensuring appropriate coverage by excluding criminal acts and other acts from coverage. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insured persons under the contract are the company's directors, including directors who are Audit and Supervisory Committee members, executive officers and presidents of subsidiaries.」「The company bears approximately 8% of the insurance premiums for all insured persons.」
The company has entered into directors and officers liability insurance covering directors, executive officers and subsidiary presidents, with criminal acts such as bribery and intentional illegal acts excluded from coverage. The company states that it bears approximately 8% of the premiums.