Finance Japanese investments in EU

Nippon Life Insurance partners with AXA Life Insurance

Nippon Life Insurance (日本生命保険相互会社) acquires 1% of stock of AXA Life Insurance

Nippon Life Insurance and AXA to jointly offer health insurance product Medi-AxN

Nippon Life Insurance (日本生命保険相互会社) and AXA Life Insurance announced a partnership, and Nippon Life intends to acquire 1% of outstanding shares of AXA Life Insurance to develop a long-term partnership.

Currently AXA’s market capitalization is US$ 62 billion, therefore Nippon Life’s 1% investment in AXA corresponds to about US$ 0.62 billion.

Nippon Life Insurance and AXA are planning to jointly market the health insurance product Medi-AxN (メディ・アン).

Nippon Life Insurance (日本生命保険相互会社)

Nippon Life Insurance (日本生命保険相互会社) was founded on July 4, 1889, is based on Osaka, and has a total of 70,806 employees (of which 18,481 are in-house employees).

Nippon Life Insurance (日本生命保険相互会社) has 113 branch offices, 1562 sales offices and 12,567 distribution partners.

Nippon Life Insurance (日本生命保険相互会社, 日本生命) is a mutual company (相互会社), and not currently traded on any stock exchange.

Annual sales: YEN 7 201 billion (= US$ 60 billion) (FY 2013)
Net income: YEN 248 billion (=US$ 2 billion) (FY 2013)

AXA Life Insurance (アクサ生命保険株式会社, アクサ生命)

The AXA Group is active in 59 countries with about 157,000 employees, with about 100 million customers.

Annual sales: € 92 billion (2014)

AXA is traded on the Paris Euronext exchange.

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IT Japanese investments in EU M&A

Arkadin’s [enjoy sharing] 91.2% AXA stake to be sold to NTT Communications

Arkadin International SAS valued at approx. US$ 463 million

Collaboration-as-a-Service (CaaS)

On August 5, 2013, NTT Communications (NTT Com) announced that it will acquire 91.2% of the shares of the French conference and collaboration specialist Arkadin International SAS from current investors AXA Private Equity (now: Ardian Investment) and other investors.

The valuation is estimated at approximately US$ 463 million.

After the sale of 91.2% to NTT Communications, ownership will be as follows:

  • 91.2% NTT Communications
  • 8.8% management

Arkadin International SAS [enjoy sharing] – Collaboration-as-a-Service (CaaS)

Arkadin International SAS is one of the world’s largest providers of audio, web, video conferencing and unified communications services.

The company was founded in 2001 by Olivier de Puymorin, and today serves about 37,000 customers in 32 countries.

NTT Communications Corporation (エヌ・ティ・ティ・コミュニケーションズ株式会社)

NTT Communications Corporation (エヌ・ティ・ティ・コミュニケーションズ株式会社) is a fully owned subsidiary of NTT Corporation, Japan’s incumbent telecommunications group.

NTT Communications offers a wide range of data services, data centers, global communications services both in Japan and globally. Main data are:

  • 8000 employees
  • revenues: 981 billion yen (US$ 8 billion)

For a comprehensive analysis of Japan’s telecom industry sector see our Report on Japan’s telecommunications industry.

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