Addressing Directors' Liability Risk through Directors and Officers Liability Insurance
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024D&O insurance disclosure expanded to include the accounting auditor as an insured partyAnnual report
「We have entered into a directors and officers liability insurance policy under Article 430-3 of the Companies Act, naming our directors, audit & supervisory board members, executive officers, accounting auditors and the officers of subsidiaries as insured parties.」
The disclosure now includes the accounting auditor as an insured party under the D&O insurance policy, in addition to the directors, audit & supervisory board members, executive officers and subsidiary officers previously covered. - FY2022RestatedAnnual report
「We have entered into a directors and officers liability insurance policy under Article 430-3 of the Companies Act, naming our directors, audit & supervisory board members, executive officers and the officers of subsidiaries as insured parties.」
The D&O insurance policy covering directors, audit & supervisory board members, executive officers and subsidiary officers, together with the company's full payment of the premiums, continues. - FY2021First statedAnnual report
「We have entered into a directors and officers liability insurance policy under Article 430-3 of the Companies Act, naming our directors, audit & supervisory board members, executive officers and the officers of subsidiaries as insured parties. The company bears the entire insurance premium, including the premium rider portion」
The entry into a D&O insurance policy covering directors, audit & supervisory board members, executive officers and subsidiary officers, together with the company's full payment of the premiums, is disclosed for the first time.