Capital Raising Through US Dollar-Denominated Perpetual Subordinated Bonds
First written in FY2017-Q1. 7 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2026.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To strengthen group capital and secure liquidity, the Company entered into ¥218,500 million of dated subordinated borrowings on 8 October 2025.」
To strengthen its capital base and secure liquidity, the Company entered into ¥218,500 million of dated subordinated borrowings in October 2025 and prepaid ¥181,000 million of Dai-ichi Life's existing perpetual subordinated borrowings. - FY2025AdvancedAnnual report
「To strengthen group capital and secure liquidity, Dai-ichi Life Insurance Company, Limited issued US dollar-denominated perpetual subordinated bonds in January 2025 in the amount of US$2 billion.」
To strengthen its capital base and secure liquidity, the Company issued US$2 billion of US dollar-denominated perpetual subordinated bonds in January 2025. - FY2024AdvancedAnnual report
「To strengthen group capital and secure liquidity, the Company borrowed ¥200,000 million under senior loans in March 2024.」
To strengthen its capital base and secure liquidity, the Company borrowed ¥200,000 million under senior loans. - FY2022AdvancedAnnual report
「To strengthen group capital and secure liquidity, the Company refinanced ¥250,000 million of senior loans in September 2021 and issued ¥80,000 million of publicly offered perpetual subordinated bonds in December 2021.」
Capital markets funding to strengthen the capital base was implemented through the issuance of ¥80,000 million of publicly offered perpetual subordinated bonds and the refinancing of ¥250,000 million of senior loans. - FY2020AdvancedAnnual report
「To strengthen group capital, the Company issued ¥65,000 million of publicly offered perpetual subordinated bonds in September 2019.」
To strengthen its capital base, the Company issued ¥65,000 million of publicly offered perpetual subordinated bonds in September 2019. - FY2020-Q2AdvancedAnnual report
「Proceeds from issuance of bonds 67,247」
The Company recorded ¥67,247 million in proceeds from bond issuance during the current interim period. The balance of subordinated bonds increased from ¥647,888 million at the end of the previous fiscal year to ¥709,687 million, indicating continued funding through the capital markets. - FY2017AdvancedAnnual report
「The Company raises funds primarily to strengthen its capital base through indirect financing, such as bank borrowings, as well as through capital markets, including the issuance of subordinated bonds.」
Capital markets funding, including subordinated bonds, continued, while the balance of bonds payable and cash inflows from financing activities also increased. - FY2017-Q2RestatedAnnual report
「Bonds payable under liabilities include foreign-currency-denominated subordinated bonds with a provision that claims rank junior to other debt obligations. The amount is as follows: ¥522,074 million.」
The foreign-currency-denominated subordinated bonds are recognized as liabilities at the end of the current interim period. - FY2017-Q1First statedAnnual report
「The Company issued US dollar-denominated perpetual subordinated bonds with a coupon deferral provision as follows: aggregate issue amount of US$2.5 billion, annual interest rate of 4.00% (fixed through July 2026).」
For the perpetual subordinated bonds issued on 20 July 2016 after the filing, the Company disclosed the issue amount, fixed-rate period, use of proceeds and foreign exchange hedging.