Japan Post completes sale of Kampo Life Insurance shares

Japan Post Holdings (TSE:6178) announced the completion of the sale of a portion of its shares in its consolidated subsidiary, Kampo Life Insurance (TSE:7181), effective March 31, 2025. The transaction involved the sale of 5,641,500 shares of Kampo Life Insurance common stock. The total disposal amount reached JPY 17,499,933,000. As a result of this transaction, Japan Post's holding in Kampo Life Insurance decreased from 190,963,900 shares (49.84% voting rights) to 185,322,400 shares (49.75% voting rights). The transaction was executed through Kampo Life Insurance's acquisition of its own shares via a ToSTNeT-3 buyback. The announcement clarifies that this share sale does not impact the subsidiary status of Kampo Life Insurance.