Preparing for Director Liability through Directors and Officers Liability Insurance
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company as prescribed in Article 430-3, paragraph 1 of the Companies Act. The insured persons under the policy are the Company's directors and audit & supervisory board members, and the Company bears the full amount of the premiums for all insured persons.」
The Company reconfirmed that it has a directors and audit & supervisory board members liability insurance policy and bears the full amount of the premiums. - FY2022First statedAnnual report
「Pursuant to Article 430-3, paragraph 1 of the Companies Act, the Company has entered into a directors and officers liability insurance policy with an insurance company, covering its directors and audit & supervisory board members as insured persons, and bears the full amount of the premiums for all insured persons.」
The Company has entered into a directors and audit & supervisory board members liability insurance policy, with the Company bearing the full amount of the premiums. A deductible applies, and liability arising from the provision of illegal benefits or criminal acts is excluded from coverage.