Mitsui Gunma Management Says Nippon Life Insurance is Eyeing Acquisitions to Stimulate Growth

Press Release (ePRNews.com) - OSAKA, Japan - Jan 21, 2019 - Mitsui Gunma Management has commentated on Nippon Life Insurance, stating that the company is aiming to set its sights on new potential acquisitions in a bid to stimulate the company’s growth.

Founded in 1889, Nippon Life Insurance is currently the biggest Japanese private life insurance company. Nippon Life presently has over $670 billion U.S. dollars in assets.

Mitsui Gunma Management researchers highlighted that the company has already spent around over $7 billion U.S. Dollars to acquire new strategic positions in insurers and asset management companies.

Japan is facing a declining population combined with low-interest rates, which is a significant reason why the company is branching out for sustained future growth.

“Mergers & acquisition is an important option for large companies who need to increase more areas for revenue, Nippon Life Insurance can do this by looking beyond its horizons and moving into other countries,” commented James Morgan Head of Equity Derivatives at Mitsui Gunma Management.

Rival Japanese insurers have also taken action on ramping up overseas acquisitions to diversify their business presence. The industry as a whole is under pressure to seek new deals and markets as benefit policies are looking to decrease in demand as the population declines.

About Mitsui Gunma Management
Founded in 2010, Mitsui Gunma Management is an independent, full-service brokerage that provides wealth management solutions for retail and corporate clients. We are dedicated to providing a first class service to understand each investor’s requirements in order to satisfy their investment needs.

Media Contact
Mr. Takaki Hokichi
Head of Research & Analysis
Telephone Number: +81 6 4560 5417
Email Address: takaki.hokichi@mgmcorporate.com

Source : Mitsui Gunma Management
Business Info :
Mitsui Gunma Management

You may also like this  

DISCLAIMER : If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/services/business mentioned and hereby disclaims any content contained in this press release.

Login

Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or form here

Already have an account ? Login

Reset Password

Already have an account ? Login