Stock - related Question
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| Q. |
Was there any change in the shareholder's position as a result of the establishment of the holding company? |
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| A. |
Shareholders of both Taiyo Life and Daido Life became shareholders of T&D Holdings.
55 shares of T&D Holdings were allotted in exchange for each share of Taiyo Life and 100 shares of T&D Holdings were allotted in exchange for each share of Daido Life. |
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