At a meeting of the Board of Directors of Asahi Fire & Marine Insurance Co., Ltd., a consolidated subsidiary of Rakuten, Inc., held on May 1, 2018, a resolution was passed to change the corporate name.
- Details of Corporate Name Change
(1) Reasons for change
To strengthen synergies within the Rakuten Group
(2) New Corporate Name
Rakuten General Insurance Co., Ltd.
(3) Schedule
Resolution of Board of Directors May 1, 2018
Shareholders meeting (Expected) June 28, 2018
Effective date (Expected) July 2, 2018
2．Summary of the Consolidated Subsidiary
(1) Company name Asahi Fire & Marine Insurance Co., Ltd.
(2) Address 7 Kandamitoshiro-cho, Chiyoda-ku, Tokyo
(3) Representative Tomonori Soeda
(4) Outline of Business General insurance
(5) Share Capital JPY 5,153 million (as of September 30, 2017)