FilingReader Intelligence
Dai-ichi Life, Marubeni complete real estate business consolidation
July 1, 2025 at 12:00 PM UTC•By FilingReader AI
Dai-ichi Life Holdings and Marubeni Corporation announced the completion of their domestic real estate business consolidation, effective July 1, 2025. This follows their initial agreement announced on February 28, 2025, and involves an absorption-type company split and a partial share exchange. The resulting joint venture, named Daiichi Life Marubeni Real Estate Co., Ltd., will be 50% owned by each company, with a capital of JPY500 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:8750•Tokyo Stock Exchange
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