And Do Holdings announced that it had executed a capital and business alliance agreement with Dai-ichi Life Group, against the backdrop of Dai-ichi Life Group's 15.68% voting interest. The two companies are pursuing collaboration in the real estate, financial and lifestyle-related services sectors with the aim of enhancing corporate value.
And Do Holdings disclosed matters concerning its controlling shareholder, etc., in relation to Dai-ichi Life Group. Dai-ichi Life Group is an other affiliated company that owns 15.68% of the voting rights in And Do Holdings, and And Do Holdings is an equity-method affiliate of Dai-ichi Life Group.
The two companies executed a capital and business alliance agreement dated 18 December 2024 and are seeking to expand business revenue and enhance corporate value through collaboration in the real estate, financial and lifestyle-related services sectors.
In terms of personnel relationships, 1 person nominated by Dai-ichi Life Group serves as a director, and 1 secondee has been accepted into the Corporate Planning Department of And Do Holdings. It is understood that operational independence has been secured.
There are no matters applicable to transactions with the controlling shareholder, etc.