Addressing Officer Liability Risk Through Directors and Officers Liability Insurance
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: 2026-09-02.
- 2026-09-02RestatedGeneral Meetings of Shareholders
「Under this insurance policy, coverage is provided for losses borne as a result of claims for damages arising from the performance of duties carried out by insured persons as officers of the company, including legally mandated damages and litigation expenses.」
The company continues its directors and officers liability insurance policy, which excludes coverage for willful misconduct, criminal acts and other matters. - FY2025RestatedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, designating its directors and audit & supervisory board members as insured persons and bearing the full cost of the premiums, as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The company continues to maintain a directors and officers liability insurance policy covering its directors and audit & supervisory board members. Losses arising from intentional misconduct or criminal acts are not covered. - FY2024RestatedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, designating its directors and audit & supervisory board members as insured persons and bearing the full cost of the premiums, as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The company continues to maintain a directors and officers liability insurance policy covering its directors and audit & supervisory board members. Losses arising from intentional misconduct or criminal acts are not covered. - FY2022RestatedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, designating its directors and audit & supervisory board members as insured persons and bearing the full cost of the premiums, as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The company continues to maintain a directors and officers liability insurance policy covering its directors and audit & supervisory board members. The company bears the full cost of the premiums, while losses arising from intentional misconduct or criminal acts are not covered. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company, designating its directors and audit & supervisory board members as insured persons and bearing the full cost of the premiums, as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
The company has for the first time disclosed a directors and officers liability insurance policy covering its directors and audit & supervisory board members. It also describes the policy terms, including that the company bears the premiums and losses arising from intentional misconduct or criminal acts are not covered.