Agreements reached under this partnership
Capital and Business Alliance- 1
Strengthening the collaborative framework through personnel exchanges, including the acceptance of seconded trainees
- 2
Joint development and consideration of training programs for Tokio Marine & Nichido
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).
The company believes that this capital and business alliance and the third-party allotment will contribute to enhancing its corporate value and shareholder value. However, the specific amount of the impact on financial results for the fiscal year ending December 2026 has not been determined at this time.
| Item | Details |
|---|---|
| Name of alliance partner | Tokio Marine & Nichido Fire Insurance Co., Ltd. |
| Alliance partner's business activities | Non-life insurance business; agency and administrative services; defined-contribution pension plan administration; and outsourced automobile liability compensation services |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥101,994 million |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Strengthening the collaborative framework through personnel exchanges, including the acceptance of seconded trainees, Joint development and consideration of training programs for Tokio Marine & Nichido |
| Number of shares acquired | 2,196,000 common shares, representing 2.20% of total shares issued |
| Acquisition price | ¥2,343,132,000 |
| Dispatch of directors and officers | Employees of Tokio Marine & Nichido and its group companies will be accepted as trainees by the company's group. The dispatch of directors and audit & supervisory board members is not disclosed. |
| Shareholding Policy | The shares will be held as an investment accompanying the business alliance, with the aim of pursuing medium- to long-term collaboration and enhancing corporate value. If all or part of the shares are transferred within 2 years of the payment date, the company will be notified in writing. |
| Date of board resolution | 1 July 2026 |
| Contract Date | 1 July 2026 |
| Share Acquisition Date and Payment Date | 17 July 2026 (scheduled) |
| Impact on Business Performance | The company believes that this capital and business alliance and the third-party allotment will contribute to enhancing its corporate value and shareholder value. However, the specific amount of the impact on financial results for the fiscal year ending December 2026 has not been determined at this time. |
| Change in major shareholders | Tokio Marine & Nichido Fire Insurance Co., Ltd.: Not listed among the major shareholders before the disposal → Tokio Marine & Nichido Fire Insurance Co., Ltd.: 2.30% |
Items this document does not state (8)
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 company determined that establishing a strong capital relationship is essential to further strengthen the existing strategic alliance and maintain and develop the cooperative relationship over the medium to long term. The funds raised through the disposal of treasury shares will be allocated to working capital and other purposes to secure financial stability and accelerate collaboration with Tokio Marine & Nichido.