December 19, 2023
Tokio Marine Holdings, Inc.
President: Satoru Komiya
Securities Code; 8766
Japan Fair Trade Commission's On-Site Investigation of our Japanese Subsidiary
The Japan Fair Trade Commission conducted an on-site investigation at our Japanese subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. (Shinichi Hirose, President & CEO; hereinafter "Tokio Marine & Nichido"), relating to alleged violations of the Antimonopoly Act with respect to non-life insurance contracts with Tokyo Metropolitan Government, Keisei Electric Railway Co., Ltd., Cosmo Energy Holdings Co., Ltd. and Cosmo Oil Co., Ltd., JERA Co., Inc, Japan Organization for Metals and Energy Security, and Sharp Corporation.
Tokio Marine Holdings, Inc., together with Tokio Marine & Nichido, take this incident very seriously and will fully cooperate with the Japan Fair Trade Commission's investigation.
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Tokio Marine Holdings Inc. published this content on 19 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2023 05:09:07 UTC.