Execution of Directors and Officers Liability Insurance Contract
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「We have entered into a directors' and officers' liability insurance (D&O insurance) contract as provided for in Article 430-3, Paragraph 1 of the Companies Act. The insured persons are officers and managerial employees of the Company and its subsidiaries.」
It continues to maintain a D&O insurance policy covering officers and managerial employees of the Company and its subsidiaries. - FY2023Clarification and Expansion of the Scope of Insured PersonsAnnual report
「We have entered into a directors' and officers' liability insurance (D&O insurance) contract as provided for in Article 430-3, Paragraph 1 of the Companies Act. The insured persons are officers and managerial employees of the Company and its subsidiaries.」
It discloses that the insured persons under the D&O insurance include managerial employees and others, in addition to officers of the Company and its subsidiaries. - FY2021First statedAnnual report
「We have entered into a directors' and officers' liability insurance (D&O insurance) contract as provided for in Article 430-3, Paragraph 1 of the Companies Act. The insured persons are all directors and audit & supervisory board members, as well as executive officers and other key employees.」
It disclosed a framework under which a D&O insurance policy covering directors, audit & supervisory board members and key employees indemnifies losses related to the performance of their duties.