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Lifenet Insurance Co (7157.T)

7157.T on Tokyo Stock Exchange

6 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Lifenet Insurance announces business and capital alliance with KDDI
Monday, 20 Apr 2015 02:30am EDT 

Lifenet Insurance Co:Formed a business and capital alliance with KDDI Corp on April 20.Says two entities will cooperate on fusion of mutual service.Lifenet Insurance to issue 8,000,000 new shares at 380 yen per share with amount of 3,040,000,000 yen through private placement to KDDI Corp with payment date on May 22.KDDI Corp to hold 15.94 pct stake in Lifenet Insurance after private placement.  Full Article

Lifenet Insurance raises revenue outlook for FY 2015
Tuesday, 7 Apr 2015 02:30am EDT 

Lifenet Insurance Co:Says the company increased the full-year outlook for revenue to 8,600 million yen from 8,500 million yen for FY ended March 2015.Comments ordinary profit before amortization of deferred assets under Article 113 of the Insurance Business Law is the main reason for the forecast.  Full Article