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Dai-Ichi Life Holdings Co., Ltd. (第一生命ホールディングス株式会社,Dai-ichi Seimei Hōrudingusu Kabushiki-gaisha), orDai-ichi Life for short, is the third-largestlife insurer in Japan by revenue, behindJapan Post Insurance andNippon Life.
Founded on September 15, 1902, Dai-Ichi was one of the oldestmutual insurance companies in Japan until a motion to demutualise was passed in 2009 and, on April 1, 2010, it listed on the Tokyo Stock Exchange, raising 1.01 trillion yen. As of March 2013, it had the most assets of any listed company in Japan with a total of 33 trillion yen on its stand-alone balance sheet, more than twice the total assets of #2-rankedTokyo Electric Power Company.[2]
It was announced in October 2014 that Dai-ichi would raiseUS$1 billion by issuing US-dollar-denominated subordinated bonds in overseas markets.[3]
It is also the largest single shareholder of theTokyu Corporation, holding 6.35% of all issued stock.
The Earl Yanagisawa YasutoshiThe lieutenant Hamaguchi Kichibe
1902 - Founded by astatistician and theEarl Yanagisawa Yasutoshi, Ohashi Shintaro, the President of theHakubunkan, and theLieutenant Hamaguchi Kichibe, supported by an insurance doctor Yano Kota.
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