Introduction and Renewal of Directors and Officers Liability Insurance
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The insurance agreement provides coverage for losses that may arise when an insured person is liable in connection with the performance of their duties or receives a claim seeking to enforce such liability, and is renewed annually. The company plans to renew it on the same terms at the next renewal.」
The company continues its policy of renewing its directors and officers liability insurance annually on the same terms. - FY2021First statedAnnual report
「The company has entered into a directors and officers liability insurance agreement with an insurance company, as provided for in Article 430-3, Paragraph 1 of the Companies Act.」「The insurance agreement provides coverage for losses that may arise when an insured person is liable in connection with the performance of their duties or receives a claim seeking to enforce such liability, and is renewed annually. The company plans to renew it on the same terms at the next renewal.」
The company introduced insurance covering losses arising from the performance of duties by directors and other officers, and for the first time stated its policy of renewing the agreement annually on the same terms.