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Lifenet Insurance Company Announces Shareholder Relations and Strategic Alliances

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Lifenet Insurance Company Announces Shareholder Relations and Strategic Alliances

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Lifenet Insurance Company ( (JP:7157) ) has shared an update.

Lifenet Insurance Company announced matters concerning its controlling shareholders, au Financial Holdings Corporation and KDDI Corporation. KDDI, which owns 100% of au Financial Holdings, indirectly holds an 18.33% voting right in Lifenet. Despite these associations, Lifenet maintains independence in its operations and decision-making processes. The company has entered into several strategic alliances, including a business alliance with au Jibun Bank Corporation to offer group credit life insurance. These alliances are expected to enhance Lifenet’s market positioning and expand its product offerings.

More about Lifenet Insurance Company

LIFENET INSURANCE COMPANY is a leading online life insurer that focuses on providing comprehensible, cost-competitive, and convenient insurance products and services. The company is committed to fostering a society where the next generation can thrive with confidence in the future.

Average Trading Volume: 190,116

Technical Sentiment Signal: Buy

Current Market Cap: Yen182.6B

Find detailed analytics on 7157 stock on TipRanks’ Stock Analysis page.

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