As of March 31, 2026, au Financial Holdings’ director nomination rights for Lifenet Insurance Company are removed and its outside director Mr. Hiro Katani has resigned. Consequently, auFH and KDDI no longer qualify as other affiliated companies, but the 18.32% shareholding remains unchanged, and business alliance continues.<\/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":"7157","jir_company_name":"Lifenet Insurance Company","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7157-20260331-01.pdf","jir_short_summary":"As of March 31, 2026, au Financial Holdings' director nomination rights for Lifenet Insurance Company are removed and its outside director Mr. Hiro Katani has resigned. Consequently, auFH and KDDI no longer qualify as other affiliated companies, but the 18.32% shareholding remains unchanged, and business alliance continues.","jir_summary":"### Overview of Amendment to Capital Alliance Agreement\nLifenet Insurance Company has removed the director nomination rights of au Financial Holdings Inc. (auFH) under the capital alliance agreement effective March 31, 2026. Additionally, Mr. Hiro Katani, who served as an outside director of auFH, has resigned. As a result, auFH and its wholly owning parent company, KDDI Corporation, no longer qualify as other affiliated companies of Lifenet. However, there is no change to auFH\u2019s 18.32% shareholding in Lifenet, and the business alliance with the KDDI Group will continue.\n\n### Shareholders and Future Outlook\nauFH will continue to be a major shareholder, holding 14,726,100 shares (18.32%) and maintaining the business alliance with the KDDI Group. The Board of Directors will remain composed of six members (including four independent outside directors) with no change to governance structure after the resignation. The impact of this matter on business performance is expected to be minor, and any significant developments will be promptly disclosed.","jir_financial_highlights":"Number of ordinary shares held by au Financial Holdings Inc.: 14,726,100 shares (No change)\nShareholding ratio of au Financial Holdings Inc.: 18.32% (No change)\nBoard of Directors composition: 6 members (including 4 independent outside directors) (No change (independent outside directors remain majority after resignation))","jir_category":"","jir_hashtags":"#LifenetInsurance, #CapitalAllianceAgreementAmendment, #JapaneseStocks","jir_key_figures":"Number of shares held by au Financial Holdings: 14,726,100 shares (as of 2026-03-31)\nShareholding ratio of au Financial Holdings: 18.32% (as of 2026-03-31)\nBoard of Directors composition: 6 members (including 4 independent outside directors)","jir_meta_title":"Lifenet Insurance Announces Partial Amendment to Capital Alliance Agreement with Removal of auFH Director Nomination Rights and Director Resignation","jir_meta_description":"Effective March 31, 2026, Lifenet Insurance removes the director nomination rights of au Financial Holdings and sees the resignation of an outside director. The 18.32% shareholding is maintained, and the business alliance with KDDI Group continues.","jir_og_title":"Lifenet Insurance Announces Partial Amendment to Capital Alliance Agreement","jir_og_description":"Announcement of change in affiliated companies following removal of auFH\u2019s director nomination rights and outside director resignation. Shareholding remains unchanged and business alliance continues.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9218,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-38295","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n