Addressing Director and Officer Liability Risk Through D&O Insurance
First written in FY2021. 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 to disclose measures addressing directors’ and officers’ liability risks through directors and officers liability insurance. - FY2021First 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 disclosed a directors and officers liability insurance policy covering damages and litigation costs arising from the performance of officers’ duties. Criminal acts such as bribery and intentional unlawful acts are excluded from coverage.