Tokai Lease (9761) · InitiativeAdvanced
Addressing litigation damages involving directors and managers through directors and officers liability insurance
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
2entries
3years
0from disclosures
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Same theme, other companies
Governance Response Through Directors and Officers Liability InsuranceA theme 1014 companies write about · 0 as a headwind · 843 as a tailwind
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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 1012 threads.Full recordFilings, disclosures and news, newest first
- FY2024AdvancedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, covering directors and managerial employees of the company, as well as directors, corporate auditors and managerial employees of its subsidiaries.」
For directors and officers liability insurance, the company explicitly states that the scope of insured persons includes not only the company’s directors and managerial employees but also directors, corporate auditors and managerial employees of its subsidiaries. - FY2022First statedAnnual report
「The company has entered into a directors and officers liability insurance policy with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, covering directors, managerial employees and other individual insured persons.」
The company has entered into a directors and officers liability insurance policy covering directors and managerial employees for damages and litigation costs arising from acts performed in the course of their duties.