Agreements reached under this partnership
Capital and Business Alliance- 1
Consideration and discussions toward developing insurance products using JAL's brand strength, customer base and assets such as miles
- 2
The companies will engage in consideration and discussions toward the joint development and sale of insurance products using JAL assets such as miles, as well as the joint development of group insurance for the JAL Group.
- 3
Establishment of a sales structure for LIFENET INSURANCE COMPANY’s insurance products by the JAL Group
- 4
The JAL Group will become a sales agency and establish a structure for selling LIFENET INSURANCE COMPANY’s insurance products by leveraging JAL’s brand strength and customer base.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
| Item | Details |
|---|---|
| Name of alliance partner | LIFENET INSURANCE COMPANY |
| Alliance partner's business activities | Life insurance business |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Consideration and discussions toward developing insurance products using JAL's brand strength, customer base and assets such as miles, The companies will engage in consideration and discussions toward the joint development and sale of insurance products using JAL assets such as miles, as well as the joint development of group insurance for the JAL Group., Establishment of a sales structure for LIFENET INSURANCE COMPANY’s insurance products by the JAL Group, The JAL Group will become a sales agency and establish a structure for selling LIFENET INSURANCE COMPANY’s insurance products by leveraging JAL’s brand strength and customer base. |
| Number of shares acquired | 14,726,100 shares (18.32% ownership stake) |
| Shareholding ratio | Not disclosed → 18.32％ |
| Contract Date | 30 April 2026 |
| Share Acquisition Date and Payment Date | Scheduled for late June 2026 |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The companies aim to expand their businesses and offer new value in life insurance by combining JAL's brand strength, customer base including approximately 41 million JAL Mileage Bank members, and assets such as miles with LIFENET INSURANCE COMPANY's expertise in online life insurance and UI/UX.