Developing the Digital Insurance Market through a Capital and Business Alliance with Sumitomo Mitsui Card Company, Limited and Others
First written in FY2024-Q2. 2 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Upon completion of the acquisition of the treasury shares, ライフネットみらい株式会社 is expected to be excluded from our consolidated subsidiaries, and the parties to the capital and business alliance agreement concluded among our company, 株式会社三井住友フィナンシャルグループ, 三井住友カード株式会社 and ライフネットみらい株式会社 are expected to change from the four-company alliance to a capital and business alliance among our company, 株式会社三井住友フィナンシャルグループ and 三井住友カード株式会社.」
With ライフネットみらい excluded from consolidation, the capital and business alliance with the SMBC Group is expected to be restructured from a four-company alliance to a three-company alliance. - 2026-05-29ReframedM&A and Subsidiary Changes
「LIFENET MIRAI will be excluded, and thereafter the parties will consist of the Company, SMFG and Sumitomo Mitsui Card, Ltd.」
The former four-party capital and business alliance was reorganized into a three-party structure comprising the Company, SMFG and Sumitomo Mitsui Card, excluding LIFENET MIRAI. Except for the exclusion of LIFENET MIRAI, the original agreement remained effective among the three companies. - FY2025AdvancedAnnual report
「In addition, from February 2025, we began an initiative to offer “Insurance that Earns V Points,” sold through 三井住友カード株式会社, to a new customer base.」
Regarding the alliance with 三井住友カード, the initiative progressed to the stage of offering V Point insurance to a new customer base. - FY2024AdvancedAnnual report
「In August 2023, our company and ライフネットみらい株式会社 entered into a basic agreement for a capital and business alliance among four companies with 株式会社三井住友フィナンシャルグループ and 三井住友カード株式会社. The purpose of the agreement is to lead the digital insurance market by providing the services of our group and the SMBC Group to a broad range of customers through partnerships between high-value-added insurance products and payment services.」
Following the conclusion of the capital and business alliance among the four companies, the initiative progressed to the launch of sales of V Point-linked products, making the development of the digital insurance market more concrete. - FY2024-Q2First statedAnnual report
「At a Board of Directors meeting held on 30 August 2023, our company resolved to conclude a basic agreement for a capital and business alliance among four companies: 三井住友カード株式会社, 株式会社三井住友フィナンシャルグループ, ライフネットみらい株式会社 and our company. The purpose of the agreement is to lead the digital insurance market by providing services to a broad range of customers through partnerships between high-value-added insurance products and payment services.」
We concluded a basic agreement for a capital and business alliance among four companies with 三井住友カード, 三井住友フィナンシャルグループ and ライフネットみらい, and announced a new initiative to develop the digital insurance market by linking insurance products with payment services.