{"id":111947,"date":"2026-09-10T09:03:00","date_gmt":"2026-09-10T00:03:00","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7181-20260910-01_wp_capital_policy\/"},"modified":"2026-09-21T14:59:01","modified_gmt":"2026-09-21T05:59:01","slug":"7181-20260910-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7181\/ir\/7181-20260910-01_wp_capital_policy\/","title":{"rendered":"Issuance of Subordinated Bonds with Dollar-denominated, Negative-pledge Feature"},"content":{"rendered":"<p>To strengthen financial base, issuance of USD 1,000,000,000 subordinated bonds with negative pledge feature. Maturity date is September 16, 2056, with potential for early redemption. Listing is on the Singapore Exchange; applications from Japan are not accepted. Issuance is centered in overseas markets.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7181","jir_company_name":"Kanpo Life Insurance Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/7181-20260910-01.pdf","jir_short_summary":"To strengthen financial base, issuance of USD 1,000,000,000 subordinated bonds with negative pledge feature. Maturity date is September 16, 2056, with potential for early redemption. Listing is on the Singapore Exchange; applications from Japan are not accepted. Issuance is centered in overseas markets.","jir_summary":"### Section Heading\nThis release communicates the decision to issue dollar-denominated subordinated bonds with a negative pledge feature, aimed at strengthening the company's financial base. The issuer is Kanpo Life Insurance Co., Ltd., with overseas market-dominated fundraising and no applications accepted in Japan. The issuance is sized at USD 1 billion, to be listed on the Singapore Exchange, with a maturity date of September 16, 2056. The initial rate is 6.50%, and thereafter it will follow a step-up structure reset every five years.\n\n### Section 2 Heading\nThis matter is positioned as part of a capital policy, with proceeds to be used for purposes not disclosed. Important considerations regarding fundraising and selling restrictions include conditions for overseas market offerings, sales limitations for qualified institutional buyers, and the prohibition of applications by domestic Japanese investors.","jir_financial_highlights":"Total issuance amount: 10\u5104\u7c73\u30c9\u30eb (\u4e0d\u660e)\nRedemption date: 2056\u5e74\uff19\u670816\u65e5 (\u4e0d\u660e)\nInterest rate: Until September 16, 2036, 6.50% per year; thereafter fixed rate (step-up, reset every 5 years) (\u4e0d\u660e)","jir_category":"","jir_hashtags":"#\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a, #\u8cc7\u672c\u653f\u7b56\u767a\u884c, #\u793e\u50b5\u767a\u884c","jir_key_figures":"Total issuance amount: 10\u5104\u7c73\u30c9\u30eb\uff08\u4e0d\u660e\u306a\u5834\u5408\u306f\u300c\u4e0d\u660e\u300d\uff09\nRedemption date: 2056\u5e749\u670816\u65e5\uff08\u7e70\u4e0a\u511f\u9084\u306e\u53ef\u80fd\u6027\u3042\u308a\uff09\nInterest rate: 2036\u5e749\u670816\u65e5\u307e\u3067\u5e746.50\uff05\u3001\u305d\u308c\u4ee5\u964d\u30b9\u30c6\u30c3\u30d7\u30a2\u30c3\u30d7\u30fb\u30ea\u30bb\u30c3\u30c8","jir_meta_title":"\u3010Japan Post Insurance Co., Ltd.\u3011Issuance of USD-denominated Subordinated Bonds with Negative Pledge Feature\uff5cSeptember 2026","jir_meta_description":"Kanpo Life Insurance Co., Ltd. issues USD 1 billion subordinated bonds to strengthen financial base. Overseas-market-centered, listed in Singapore. Initial rate 6.50%, with a reset schedule thereafter.","jir_og_title":"\u3010Kanpo Life\u3011Issuance of USD-denominated Subordinated Bonds with Negative Pledge Feature","jir_og_description":"Kanpo Life issues USD 1 billion subordinated bonds to strengthen financial base. Overseas-market-centered, listed in Singapore, initial rate 6.50%, reset every 5 years.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7418,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-111947","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Issuance of Subordinated Bonds with Dollar-denominated, Negative-pledge Feature - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7181\/ir\/7181-20260910-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7181\/ir\/7181-20260910-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7181\/ir\/7181-20260910-01_wp_capital_policy\/\",\"name\":\"Issuance of Subordinated Bonds with Dollar-denominated, Negative-pledge Feature - 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