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July 12, 2026
 

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LIFE INSURANCE

SoftBank Group's Paypay said it will take a 70.2% stake in privately held T&D Financial Life Insurance.
BUSINESS
Jun 4, 2026
SoftBank’s PayPay to buy T&D’s life insurer for $840 million
PayPay, Japan’s dominant payments app, said it will take a 70.2% stake in privately held T&D Financial Life Insurance.
Nippon Life Insurance, Japan’s largest life insurer, wrote down ¥70 billion ($440 million) in the year ended March 31.
BUSINESS / Companies
May 26, 2026
Nippon Life books its first impairment loss in current bond rout
Nippon Life Insurance, Japan’s largest life insurer, wrote down ¥70 billion ($440 million) in the year ended March 31.
The Prudential Financial Tower in Newark, New Jersey
BUSINESS / Companies
May 6, 2026
Prudential profit rises even as firm grapples with Japan pause
Prudential had paused life insurance sales in Japan for three months to restore trust after an investigation showed employee misconduct cost clients an estimated $20 million.
Prudential Life CEO Hiromitsu Tokumaru (center) and other executives from the firm during a news conference in Tokyo on Wednesday
BUSINESS / Companies
Apr 22, 2026
Prudential Life Insurance suspends sales for additional 180 days
The Japanese insurer has received more complaints related to alleged misuse of customer funds.
Daiichi Life Group believes strict selection of managers and risk management after making private credit investments are key.
BUSINESS / Companies
Apr 15, 2026
Daiichi Life to tighten private credit manager selection on risk
Bankruptcies of corporate borrowers in the U.S. have fueled concern about putting cash in the market, and the worries are starting to affect Japanese firms’ investment decisions.
Nippon Life Insurance's Tokyo headquarters
BUSINESS / Companies
Apr 7, 2026
SMFG and Nippon Life discuss $3 billion LBO loan fund
The move would mark a milestone in Japan’s credit market, where the three biggest banks have dominated lending.
Sumitomo Life Insurance’s headquarters in Osaka
BUSINESS / Companies
Mar 18, 2026
Sumitomo Life plans to invest $1.9 billion in private credit
The Osaka-based insurer has been gradually increasing its private credit holdings.
The Nippon Life Insurance headquarters in Osaka. Japan's major life insurers are continuing plans to increase private credit investment in the next fiscal year from April.
BUSINESS / Companies
Mar 12, 2026
Japan insurers still keen on private debt amid growing red flags
Life insurance companies have joined global investors in a private debt market binge in search of higher yields.
Meiji Yasuda Life Insurance President Hideki Nagashima speaks during an interview on March. 3 in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Mar 10, 2026
Meiji Yasuda aiming for insurance-premium revenues of ¥5 trillion in fiscal ‘26
The target, shared by President Hideki Nagashima, would reflect an increase on the ¥4.3 trillion forecast for fiscal 2025.
The country’s biggest insurers are sitting on swelling paper losses on their holdings of Japanese government bonds, which have slumped as the central bank raises interest rates.
BUSINESS / Companies
Feb 18, 2026
Accounting group seeks to ease rules on Japanese insurers’ bond losses
Bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting.
Dai-ichi Life Holdings has become the latest of Japan's life insurers to reveal misconduct.
BUSINESS
Feb 13, 2026
Dai-ichi Life reports 1,155 unauthorized data transfers
The information taken from the insurance agents without permission included personal data of customers, Dai-ichi Life Holdings said.
Prudential Life Insurance's CEO, Hiromitsu Tokumaru (second from left), bows at a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Feb 12, 2026
Prudential’s fraud scandal casts spotlight on fully commission-based remuneration
The model, which appears to be unique to Prudential in Japan, is thought to have been a factor that led some of the insurer’s employees to commit fraud.
Prudential Life Insurance's new CEO, Hiromitsu Tokumaru (second from left), speaks at a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Feb 10, 2026
Prudential Life’s new CEO seeks to overhaul work culture in wake of fraud
The firm’s compensation system, which is heavily weighted on performance, left employees on edge and played a major role in fueling the misconduct, the new CEO said.
Prudential Life Insurance will suspend sales of new insurance policies for 90 days starting Monday.
BUSINESS / Companies
Feb 4, 2026
Life insurance firm pauses sales following revelation of financial misconduct
Prudential Life Insurance was found to have mishandled about ¥3.1 billion through schemes ranging from fraud to borrowing money from clients.
Expectations Japan's superlong bond yields will rise further as the government boosts spending have kept life insurers away from bond buying.
BUSINESS / Companies
Jan 27, 2026
Japan’s midsize insurers hold back from bond buys anticipating rebound
The bonds are usually major investment targets to match insurers’ long-term liabilities, but expectations yields will rise further amid government spending have slowed buying.
Prudential Life Insurance in Tokyo said more than 100 current and former employees had been defrauding customers of money.
BUSINESS / Companies
Jan 16, 2026
Over 100 employees of Prudential Life Insurance behind ¥3.1 billion fraud, firm reveals
An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
Nippon Life Insurance President Satoshi Asahi says the firm is always looking at further acquisition opportunities, particularly in the United States.
BUSINESS / Companies
Dec 22, 2025
Nippon Life seeking overseas acquisitions and watching bond yields
Japanese financial firms have been aggressively making acquisitions abroad to make up for a lack of growth prospects at home.
Insurance premium revenues rose 30.4% from a year earlier at Meiji Yasuda, 13.4% at Nippon Life and 4.0% at Sumitomo.
BUSINESS / Companies
Nov 21, 2025
Three major Japan life insurers see revenue growth in April-September
Insurance premium revenues rose 30.4% from a year earlier at Meiji Yasuda, 13.4% at Nippon Life and 4.0% at Sumitomo.
Rising domestic yields are leading Japan’s top life insurers to increase local bond holdings and reduce overseas debt as foreign returns lose their appeal.
BUSINESS / Companies
Oct 29, 2025
Japanese insurers trim foreign debt as domestic yields soar
Roughly half of 10 companies that disclosed half-year investment plans said they had cut overseas debt holdings.
Yukinori Takada, president of Sumitomo Life Insurance, is interviewed on Wednesday in Bellevue in Washington.
BUSINESS / Companies
Oct 19, 2025
Sumitomo Life to mull using AI tech to support sales agents
The comments followed a series of scandals in the industry that called into question the relationships between life insurance companies and their sales agents.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

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