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Home > Company Index > Insurance > Life Insurance > Mitsui Mutual Life Insurance Co.

Mitsui Mutual Life Insurance Co.
 NEWS FROM THE STANDARD
Report: IBM Scores $15B Outsourcing Deal With NTT
Oct 31 2000 08:14 AM PST

 PROFILE
Mitsui Mutual Life Insurance sells life and auto insurance in Japan. A member of the Mitsui Group, one of Japan's largest "keiretsu" (industrial groups of loosely affiliated companies), Mitsui Mutual Life is among the leading life insurers in Japan. The company offers group life, annuities, and other life insurance products. In the wake of restructuring in the Japanese insurance industry, Mitsui Mutual Life will join Chuo Mitsui Trust and Banking, Sakura Bank, and Fujitsu Ltd. in forming Mitsui Fining Net, an online insurance sales portal. Mitsui Mutual Life also plans to create a corporate pension fund asset administration company with Meiji Life Insurance and Sumitomo Life Insurance.

 COMPETITION
The Dai-ichi Mutual Life Insurance Company (dossier)
Nippon Life Insurance Company (dossier)
Sumitomo Life Insurance Company (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 23,453.70
1-Yr. Sales Growth: (1.7)%
Employees: 23,776
Revenue per employee: $986,444.31

 KEY PEOPLE
• Akira Miyake
    CEO
• Yutaka Matsukawa
    CFO

 CONTACT INFO
1-2-3 Ohtemachi, Chiyoda-ku
Tokyo 100, Japan
Phone: 81-3-3211-6111
Fax: 81-3-3215-1580
Online: Web Site

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