Nippon Life Insurance Company holds 53.05% of voting rights and plans to make a full subsidiary. SBI Holdings plans to acquire its 38.32% shareholding as treasury stock.<\/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":"3902","jir_company_name":"Medical Data Vision Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3902-20260324-03.pdf","jir_short_summary":"Nippon Life Insurance Company holds 53.05% of voting rights and plans to make a full subsidiary. SBI Holdings plans to acquire its 38.32% shareholding as treasury stock.","jir_summary":"### Change of Controlling Shareholder and Tender Offer Status\nAs of February 9, 2026, Nippon Life Insurance Company became the parent company and largest shareholder of our company, holding 53.05% of voting rights. Nippon Life Insurance Company plans to acquire all shares of our company through a series of procedures, aiming for full subsidiary status. Consequently, our company\u2019s shares are expected to be delisted. SBI Holdings Inc. holds 38.32% of the voting rights, but these shares will be acquired by our company as treasury stock.\n\n### Relationship with Parent Company and Measures for Minority Shareholder Protection\nWe have accepted seconded personnel from Nippon Life Insurance Company and plan to discuss the dispatch of directors going forward. Even after full subsidiarization, operations will continue under the current management team, maintaining a certain degree of independence. There is no personnel relationship with SBI Holdings, and our company continues to make independent management decisions while maintaining a cooperative relationship with the SBI Group. Transactions with the controlling shareholder ensure reasonable conditions to prevent disadvantages to minority shareholders.","jir_financial_highlights":"Nippon Life Insurance Company Voting Rights Ownership: 53.05% (Became new parent company and largest shareholder)\nSBI Holdings Inc. Voting Rights Ownership: 38.32% (Shares to be acquired as treasury stock)\nScheduled Date of Full Subsidiarization: Unknown (Unknown)","jir_category":"","jir_hashtags":"#MedicalDataVisionCoLtd, #TenderOffer, #ChangeInControllingShareholder, #JapaneseStocks","jir_key_figures":"Nippon Life Insurance Company Voting Rights Ownership: 53.05% (Parent Company)\nSBI Holdings Inc. Voting Rights Ownership: 38.32%\nScheduled full subsidiary status by tender offer: Became parent company as of February 9, 2026","jir_meta_title":"Medical Data Vision Co., Ltd.: Parent Company Nippon Life Insurance Acquires 53.05% and Plans Full Subsidiarization","jir_meta_description":"Medical Data Vision Co., Ltd. announces that Nippon Life Insurance Company holds 53.05% of voting rights and plans full subsidiary status. SBI Holdings\u2019 shares will be acquired as treasury stock, and delisting is expected.","jir_og_title":"Medical Data Vision Announces Parent Company Change and Full Subsidiarization Plan","jir_og_description":"Nippon Life Insurance Company became the parent company and largest shareholder, with full subsidiary status planned. SBI Holdings\u2019 shares will be acquired as treasury stock.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17052,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-36106","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n