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July 06, 2026
 

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PRUDENTIAL LIFE

Prudential Life Insurance's core profit declined 12.6% in the fiscal year ended in March due to the fallout of fraud involving former and current employees.
BUSINESS / Companies
May 26, 2026
Prudential Life Insurance posts 12.6% profit dip after employee fraud
It came to light in January that more than 100 former and current employees had fraudulently received about ¥3.1 billion from roughly 500 customers.
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.
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.
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.
‘My dream is broken’: Japan visa rules push out foreign residents
A man orders from a kebab shop in the Okubo district in Tokyo.
Thailand gets serious about chasing high-spending tourists
Chinese tourists at Wat Arun Ratchawararam Rathawaramahawihan in Bangkok
Murakami says his novels are ‘different’ from AI literature
Haruki Murakami's first book in three years hit shelves in Japan on Friday.
Japan’s princesses face life-altering legal revisions
Princess Aiko, the daughter of Emperor Naruhito, said in a 2022 news conference upon coming of age that she hopes to “spend a long time together” with her parents.
Japan plans to sharply raise fees for residence permits from October
Foreign tourists walk on the path leading to the Kiyomizu Temple in Kyoto in May.
Japan plans to sharply raise fees for residence permits from October
Foreign tourists walk on the path leading to the Kiyomizu Temple in Kyoto in May.
X Games returns to Chiba with new team format
Skateboarder Sora Shirai practices at Makuhari Messe in Chiba on Friday afternoon. X Games Chiba begins on Saturday.
NU Festival tests Takanawa Gateway City complex’s culture cred
Veteran improvisers Kazuo Imai and Atsuhiro Ito brought some unruly energy to NU Festival, a three-day multimedia event held at the Takanawa Gateway City complex.  
Japan’s princesses face life-altering legal revisions
Princess Aiko, the daughter of Emperor Naruhito, said in a 2022 news conference upon coming of age that she hopes to “spend a long time together” with her parents.
Six of the best: rikishi of note in each sumo division
Kazuma (right) faces off against future <i>yokozuna</i> Onosato during the All Japan Amateur Sumo Championships at the Ryogoku Kokugikan in Tokyo in December 2020.

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