Daido Life becomes Japan's 1st life insurer to go public

TOKYO, Japan - Naoteru Miyato, president of Daido Life Insurance Co., rings a bell at the Tokyo Stock Exchange (TSE) on April 1 to mark the company's debut on the first section of the TSE. Daido, which converted itself from a mutual firm to a stock company, is the first Japanese life insurer to go public. It was also listed on the Osaka Securities Exchange the same day.

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