Managing Director and Executive Officer Liability Risk Through D&O Insurance
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company has entered into a directors’ and officers’ liability insurance policy with an insurance company, covering the directors and executive officers as insured persons. The policy covers losses and other costs that may arise when an insured person is held liable in connection with the performance of their duties or receives a claim relating to the pursuit of such liability. The Company bears the full cost of the insurance premiums for all insured persons.」
D&O insurance covering directors and executive officers remains in place, with the Company continuing to bear the full cost of the premiums. - FY2021First statedAnnual report
「The Company has entered into a directors’ and officers’ liability insurance policy with an insurance company, covering the directors and executive officers as insured persons. The policy covers losses and other costs that may arise when an insured person is held liable in connection with the performance of their duties or receives a claim relating to the pursuit of such liability. The Company bears the full cost of the insurance premiums for all insured persons.」
The Company has entered into a directors’ and officers’ liability insurance policy covering directors and executive officers, with the Company bearing the full cost of the premiums, as disclosed for the first time.