Introduction of Directors and Officers Liability Insurance
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The company has entered into a directors' and officers' liability insurance (D&O insurance) contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which losses incurred when an insured person becomes liable for damages in the course of performing their duties will be covered by the insurance contract.」
The company has reconfirmed the D&O insurance contract covering directors and audit & supervisory board members and the company's payment of the premiums. - FY2024RestatedAnnual report
「The company has entered into a directors' and officers' liability insurance (D&O insurance) contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which losses incurred when an insured person becomes liable for damages in the course of performing their duties will be covered by the insurance contract.」
The company has reconfirmed the D&O insurance contract covering directors and audit & supervisory board members and the company's assumption of the premiums. - FY2023First statedAnnual report
「The company has entered into a directors' and officers' liability insurance (D&O insurance) contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, under which losses incurred when an insured person becomes liable for damages in the course of performing their duties will be covered by the insurance contract.」
The company has, for the first time, recorded that it has entered into a directors' and officers' liability insurance contract covering directors and audit & supervisory board members. The company bears the full insurance premiums for all insured persons.