Addressing director and officer liability through directors and officers liability insurance
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「We have entered into a directors and officers liability insurance policy with an insurance company as stipulated in Article 430-3, paragraph 1 of the Companies Act. The policy covers losses and other costs if directors and Audit & Supervisory Board members face claims for damages arising from acts performed in their official capacity while in office.」
取締役・監査役を被保険者とする役員等賠償責任保険契約を継続している。保険料は全額会社負担としている。 - FY2021First statedAnnual report
「We have entered into a directors and officers liability insurance policy with an insurance company as stipulated in Article 430-3, paragraph 1 of the Companies Act. The policy covers losses and other costs if directors and Audit & Supervisory Board members face claims for damages arising from acts performed in their official capacity while in office.」
The company maintains D&O liability insurance covering directors and Audit & Supervisory Board members for claims arising from actions taken while in office.