Capital and business alliance with Japan Airlines Co.,Ltd. and business alliance with the KDDI Group
LIFENET INSURANCE COMPANY, Japan Airlines Co.,Ltd., KDDI株式会社, auフィナンシャルホールディングス株式会社
Individual life insurance and group credit life insurance; sales of the company's insurance products by JAL; insurance products using JAL's assets; and insurance products for the JAL Group
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
auフィナンシャルホールディングス株式会社: 14,726,100 shares (18.32%); record date: Not disclosed
Japan Airlines Co.,Ltd. is scheduled to acquire the shares. Number and percentage of voting rights and record date: Not disclosed
Related procedures
Approval relating to a major shareholder of an insurance company (specified condition for the acquisition of shares)
The share acquisition is scheduled for late June 2026. The companies will advance sales of the company's insurance products by JAL, development of insurance products using JAL's assets, and joint development of insurance products for the JAL Group, while continuing their collaboration with the KDDI Group on individual life insurance and group credit life insurance. They aim to achieve their management targets for fiscal 2028.
| Item | Details |
|---|---|
| Event name | Capital and business alliance with Japan Airlines Co.,Ltd. and business alliance with the KDDI Group |
| Date of occurrence | 30 April 2026 (date of execution of the capital and business alliance agreement and business alliance agreement) |
| Subject Entity | LIFENET INSURANCE COMPANY, Japan Airlines Co.,Ltd., KDDI株式会社, auフィナンシャルホールディングス株式会社 |
| Target Locations / Products | Individual life insurance and group credit life insurance; sales of the company's insurance products by JAL; insurance products using JAL's assets; and insurance products for the JAL Group |
| Type of litigation or proceeding | Approval relating to a major shareholder of an insurance company (specified condition for the acquisition of shares) |
| Voting rights ownership percentage before the change | auフィナンシャルホールディングス株式会社: 14,726,100 shares (18.32%); record date: Not disclosed |
| Voting rights ownership percentage after the change | Japan Airlines Co.,Ltd. is scheduled to acquire the shares. Number and percentage of voting rights and record date: Not disclosed |
| Outlook | The share acquisition is scheduled for late June 2026. The companies will advance sales of the company's insurance products by JAL, development of insurance products using JAL's assets, and joint development of insurance products for the JAL Group, while continuing their collaboration with the KDDI Group on individual life insurance and group credit life insurance. They aim to achieve their management targets for fiscal 2028. |
Items this document does not state (17)
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 combine Japan Airlines Co.,Ltd.'s brand strength, customer base and miles with LIFENET INSURANCE COMPANY's expertise in customer acquisition as an online life insurer, alliance-building expertise and UI/UX capabilities to jointly create products and services and expand both businesses. With the KDDI Group, the companies aim to combine their respective customer bases and development expertise, provide insurance products and services that benefit customers, and expand both businesses.