Protection against Management Liability through Directors and Officers Liability Insurance

「The insured parties are the directors and audit & supervisory board members of the company and its subsidiaries, and the insured parties bear no insurance premiums.」

「The company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, paragraph 1 of the Companies Act. The insured parties are the directors and audit & supervisory board members of the company and its subsidiaries, and the insured parties bear no insurance premiums. The insurance contract provides coverage for losses that may arise when an insured party is held liable in the course of performing their duties or receives a claim seeking to enforce such liability.」