Addressing director and officer liability risk through D&O insurance
First written in FY2022. 5 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The term of the insurance contract is one year beginning in October 2025, and the Company plans to renew it following a resolution by the Board of Directors before the term expires.」
For the D&O insurance, the company indicated a 1-year contract renewal period beginning in October 2025 and plans to renew it through a Board of Directors resolution before expiry. - 2026-04-25AdvancedGeneral Meetings of Shareholders
「The term of the insurance contract is one year beginning in October 2025, and the Company plans to renew it following a resolution by the Board of Directors before the term expires.」
The D&O insurance renewal period was set as one year beginning in October 2025. - FY2025AdvancedAnnual report
「The term of the insurance contract is 1 year beginning in October 2024, and the company plans to renew it following a Board of Directors resolution before the end of that period.」
For the D&O insurance, the company explicitly disclosed a 1-year contract renewal period beginning in October 2024 and plans to renew it through a Board of Directors resolution before expiry. - FY2024AdvancedAnnual report
「The term of the insurance contract is 1 year beginning in October 2023, and the company plans to renew it following a Board of Directors resolution before the end of that period.」
For the D&O insurance, the company explicitly disclosed a contract renewal period beginning in October 2023 and plans to renew it through a Board of Directors resolution before expiry. - FY2023AdvancedAnnual report
「The term of the insurance contract is 1 year beginning in October 2022, and the company plans to renew it following a Board of Directors resolution before the end of that period.」
For the D&O insurance, the company disclosed a 1-year contract period beginning in October 2022 and plans to renew it through a Board of Directors resolution before expiry. - FY2022First statedAnnual report
「We have entered into a directors' and officers' liability insurance contract with an insurance company, with our directors as insured persons, as stipulated in Article 430-3, Paragraph 1 of the Companies Act. The insurance is intended to cover losses that insured persons may incur by being held liable in connection with the performance of their duties or by receiving claims seeking to establish such liability.」
The company first disclosed a directors' and officers' liability insurance contract covering its directors and a contract period of 1 year beginning in October 2021.