Nishimura & Asahi Acted on Dai-ichi Life’s Acquisition of Benefit One

Nishimura & Asahi, a prominent Japanese law firm, provided legal counsel to Dai-ichi Life Holdings, a major life insurance

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By :  Legal Era
Update: 2024-03-01 05:30 GMT


Nishimura & Asahi Acted on Dai-ichi Life’s Acquisition of Benefit One

Nishimura & Asahi, a prominent Japanese law firm, provided legal counsel to Dai-ichi Life Holdings, a major life insurance company in Japan, regarding its substantial 2.9-trillion-yen ($2 billion) acquisition of the healthcare platform Benefit One. The latter was represented by Mori Hamada & Matsumoto.

Dai-ichi, recognising the challenges posed by Japan’s declining population, has been diversifying its business beyond insurance. This strategic move aims to strengthen its foothold in the market.

The Nishimura & Asahi team, led by partners Yamato Nozawa and Junya Kokaji, played a pivotal role in facilitating this significant transaction.

On the other side, the Mori Hamada & Matsumoto team, comprising partners Takeshi Okuyama, Hideki Ben, Yasutaka Hosaka, Yuma Yoshikawa and Takaya Tachi, represented Benefit One during the acquisition process.

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