NEWS RELEASE
June 19, 2017
Daisuke Iwase, President
LIFENET INSURANCE COMPANY(Securities Code: 7157, TSE Mothers)

Matters Concerning Controlling Shareholder
TOKYO, June 19, 2017 – LIFENET INSURANCE COMPANY (TSE Mothers 7157, President
Daisuke Iwase, URL: http://ir.lifenet-seimei.co.jp/en/) hereby announces the following mattersconcerning controlling shareholder, etc. with respect to KDDI CORPORATION (“KDDI”), which is its
other associated company.
1. Trade names, etc. of other associated company(As of March 31, 2017)
Ratio of voting rights (%)
NameRelationshipKDDICORPORATIONOtherassociatedcompany

DirectIndirectownershipownership

15.64-Total

15.64

Financial instruments exchanges, etc.,
where issued share certificates arelisted
1st section of Tokyo Stock Exchange

2. Relationship between Lifenet and its other associated company
Lifenet and KDDI entered into a capital and business alliance agreement on April 20, 2015. KDDIis a major shareholder in Lifenet, the largest shareholder, with holdings of 15.64% voting rights ofLifenet, as well as an “insurance company’s major shareholder” as defined under Insurance
Business Act, and Lifenet’s other associated company whose one of employees serves concurrently
as an Outside Director at Lifenet. In addition, KDDI has been selling Lifenet’s insurance products
since 2016 as an insurance agent for Lifenet. Adequate independence is ensured in this relationshipas Lifenet implements its own business activities and decision-making based on independent
managerial judgments without being subject to any special restrictions from KDDI. The Director’s
concurrent positions are as shown below. In addition to this, as of June 19, 2017, Lifenet has oneemployee seconded from KDDI as well as two employees of Lifenet who are seconded to KDDI asits employees.
(As of June 19, 2017)
Position

NameDirectorTomohiko(Outside)

KatsukiPosition at otherassociated company
Deputy General Manager,
Life Design Business Sector,
KDDI CORPORATION

Reasons for appointment
Due to his rich experience and a wealth ofexpertise in advanced and financial
businesses in KDDI CORPORATION

3. Matters relating to transactions with controlling shareholder, etc.
There are no important matters to be reported in fiscal 2016.

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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NEWS RELEASE
About LIFENET (URL： http://ir.lifenet-seimei.co.jp/en/)
Returning to the original purpose of life insurance - mutual support - LIFENET INSURANCE wasfounded with the goal of offering simple, convenient and competitively priced products and services
based on the highest levels of business integrity. We sell these products and services directly tocustomers over the Internet. By using the Internet, we are able to offer highly cost-competitive
products and accept applications from customers at any given time.
Contact:
Investor Relations, Corporate Planning Department
Tel:+81-3-5216-7900
e-mail: ir@lifenet-seimei.co.jp
Disclaimer: This is a summarized translation of the original Japanese document, prepared and provided solely forreaders' convenience. In case of any discrepancy or dispute, the Japanese document prevails.

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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