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June 02, 2015 3:45 PM ET

Insurance

Company Overview of AFLAC Japan

Company Overview

AFLAC Japan provides insurance services. It offers cancer plans, care plans, general medical expense plans, and medical/sickness riders. The company was founded in 1974 and is based in Tokyo, Japan. AFLAC Japan operates as a subsidiary of AFLAC Inc.

2-1-1 Nishi-Shinjuku Shinjuku-ku

Tokyo,  163-0456

Japan

Founded in 1974

Phone:

81 3 5908 6411

Fax:

81 3 5908 6412

Key Executives for AFLAC Japan

President and Chief Operating Officer
Age: 62
Executive Chairman of Aflac Incorporated and Chief Executive Officer of Aflac Incorporated
Age: 62
President of Aflac Incorporated and Chief Financial Officer of Aflac Incorporated
Age: 67
President of Aflac
Age: 38
Chief Investment Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

AFLAC Japan Key Developments

Aflac Japan Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Aflac Japan announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net investment income increased 7.2%. Investment income growth was magnified by the weaker yen/dollar exchange rate because approximately 48% of Aflac Japan's first quarter investment income was dollar-denominated, compared with 45% a year ago. Total revenues were up 1.3% in the first quarter. Pretax operating earnings in yen increased 1.8% on a reported basis and decreased 2.9% on a currency-neutral basis. Premium income decreased 13.5% to $3.1 billion. Net investment income was down 7.5% to $613 million. Total revenues decreased 12.6% to $3.7 billion. Pretax operating earnings declined 12.2% to $819 million. Total new annualized premium sales fell 2.2% to $226 million.

Aflac Incorporated Appoints Hideto Yamamoto as Senior Vice President and Chief Investment Officer of Aflac Japan

Aflac Incorporated announced that it has hired Hideto Yamamoto as senior vice president; chief investment officer of Aflac Japan. In this capacity, Yamamoto will report globally to executive vice president; global chief investment officer Eric M. Kirsch, while reporting locally to Aflac Japan executive vice president of planning and research, Risk Management and Compliance Masatoshi Koide. Based out of the Tokyo office, Yamamoto will chair the Japan Internal Investment Committee and become a member of Aflac Japan's management committee. He will also be responsible for leading and managing Aflac Japan's team of investment professionals, while having oversight responsibility for ensuring execution of globally approved investment strategy of the Aflac Japan portfolio. He will be a member of the Global Investment Committee and the Global Investment's executive committee.

AFLAC Japan Announces Executive Changes

Mr. Tohru Tonoike will retire from his role as president and chief operating officer of AFLAC Japan effective December 31, 2014, and will assume the role of vice chairman of AFLAC Japan effective January 1, 2015.

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