Kyoei files for bankruptcy

TOKYO, Japan - Shoichi Otsuka, president of Kyoei Life Insurance Co., expresses his apology at a news conference Oct. 20. The troubled midsize insurer filed for protection from creditors with the Tokyo District Court earlier in the day, making it the largest life insurer to collapse since World War II.

Sample
PDF Preview

Product Code
ILEA001082243

Registered date
2000/10/20 00:00:00

Credit
Kyodo / Kyodo News Images

Media source
2000 Kyodo News

Media size
1864 × 1713 pixel

Resolution
dpi

Deployment size
985.45(KB)*

Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

Capital and business alliance with Nippon Life Insurance Co.

Nippon Life Insurance and Rike form a capital and business alliance. Pictured from left to right: Yuko Kasahara, General Manager of Life Support Business, Nippon Life Insurance; Kazuo Sato, Director and Senior Managing Executive Officer, Nippon Life Insurance; Yasuhiko Okamoto, Chairman, President and Group CEO, Laiku.=November 14,2024,Tokyo,Japan

Tokyo Metro shares debut on Tokyo bourse

President Akiyoshi Yamamura (R) of Tokyo Metro Co., Asia's oldest subway operator, speaks during a press conference in Tokyo on Oct. 23, 2024, after the company was listed on the Tokyo Stock Exchange's top-tier Prime Market the same day.

Tokyo Metro shares debut on Tokyo bourse

President Akiyoshi Yamamura of Tokyo Metro Co., Asia's oldest subway operator, speaks during a press conference in Tokyo on Oct. 23, 2024, after the company was listed on the Tokyo Stock Exchange's top-tier Prime Market the same day.

Daihatsu Motor President Okudaira

Daihatsu Motor Co. President Soichiro Okudaira attends a press conference in Tokyo on Dec. 20, 2023. The Toyota Motor Corp. subsidiary said the same day it will stop all shipments in domestic and overseas markets after it found most of its car models were affected by improper vehicle tests.

Daihatsu Motor President Okudaira

Daihatsu Motor Co. President Soichiro Okudaira speaks about his company's improper vehicle tests at a press conference in Tokyo on Dec. 20, 2023. The Toyota Motor Corp. subsidiary announced the same day that it will stop all shipments in domestic and overseas markets as most of its car models are affected.

Daihatsu Motor President Okudaira

Daihatsu Motor Co. President Soichiro Okudaira (C) bows at a press conference in Tokyo on Dec. 20, 2023, as he apologizes over his company's improper vehicle tests. The Toyota Motor Corp. subsidiary announced the same day it will stop all shipments in domestic and overseas markets as most of its car models are affected.

Daihatsu Motor President Okudaira

Daihatsu Motor Co. President Soichiro Okudaira (C) speaks about his company's improper vehicle tests at a press conference in Tokyo on Dec. 20, 2023. The Toyota Motor Corp. subsidiary announced the same day that it will stop all shipments in domestic and overseas markets as most of its car models are affected.

Bigmotor outlet in Tokyo

Photo taken on Sept. 19, 2023, shows a Bigmotor Co. outlet in Tama, western Tokyo. Japan's financial watchdog began searches the same day at offices of the major used car dealer network Bigmotor and casualty insurer Sompo Japan Insurance Inc. as part of a high-profile insurance fraud investigation.

Head of used car dealer Bigmotor meets press over insurance fraud

Bigmotor Co. President Hiroyuki Kaneshige bows in apology at a press conference in Tokyo on July 25, 2023, held over allegations that the used car dealership chain charged excessive repair fees by intentionally damaging cars and also made fraudulent insurance claims.

Rakuten, Japan Post in capital tie-up

Japanese e-commerce giant Rakuten Inc. Chairman and CEO Hiroshi Mikitani (L) and Japan Post Holdings Co. President and CEO Hiroya Masuda hold a joint press conference in Tokyo on March 12, 2021. The two companies said the same day Rakuten will sell an 8.32 percent stake to Japan Post for about 150 billion yen ($1.38 billion).