Addressing Risks Associated with the Performance of Duties through D&O Liability Insurance
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026Specifies consolidated subsidiaries and executive officers, among others, as insured personsAnnual report
「The Company has entered into a directors' and officers' liability insurance contract with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering directors and audit & supervisory board members of the Company and its consolidated subsidiaries, executive officers and other important employees under the Companies Act.」
Specifies that the insured persons covered by the directors and officers liability insurance include not only the Company but also its consolidated subsidiaries, executive officers and important employees under the Companies Act. - 2026-06-02RestatedGeneral Meetings of Shareholders
「The Company has entered into a directors' and officers' liability insurance contract with an insurance company as prescribed in Article 430-3, Paragraph 1 of the Companies Act, covering directors and audit & supervisory board members of the Company and its consolidated subsidiaries, executive officers and other important employees under the Companies Act.」
The Company continues to maintain directors' and officers' liability insurance covering directors, audit & supervisory board members, executive officers and other covered personnel. - FY2021First statedAnnual report
「The Company has entered into a directors and officers liability insurance contract with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, covering the Company's directors, Audit & Supervisory Board members and others as insured persons. Under this insurance contract, damages, litigation costs and other expenses incurred by the insured persons are covered when claims for damages are made as a result of acts, including omissions, committed by the insured persons in the course of performing their duties for the Company,」
For the first time, describes a system under which a directors and officers liability insurance contract covering directors, Audit & Supervisory Board members and others provides coverage for damages, litigation costs and other expenses arising from the performance of their duties.