LASHIC Small Amount and Short Term Insurance Joins GMO Financial Holdings
Key facts
- LASHIC Small Amount and Short Term Insurance Joins GMO Financial Holdings
- GMO Financial HD acquires LASHIC Small Amount and Short Term Insurance and changes its trade name to "GMO Small Amount and Short Term Insurance".
- Date: March 28, 2026
Direct answer
GMO Financial HD acquires LASHIC Small Amount and Short Term Insurance and changes its trade name to "GMO Small Amount and Short Term Insurance".
- Citation
- LASHIC Small Amount and Short Term Insurance Joins GMO Financial Holdings (March 28, 2026)
- Source
- PR Times
- Date
- March 28, 2026
GMO Financial HD acquires LASHIC Small Amount and Short Term Insurance and changes its trade name to "GMO Small Amount and Short Term Insurance".
📋 Article Processing Timeline
- 📰 Published: March 28, 2026 at 21:17
- 🤖 AI Analyzed: May 26, 2026 at 21:27 (1416h 9m after Published)
GMO Internet Group's GMO Financial Holdings, Inc. (Representative Executive Officer, Chairman and President CEO: Hidetaka Takashima, hereinafter: the Company) announced today, March 27, 2026, that it has acquired all shares of LASHIC Small Amount and Short Term Insurance Co., Ltd. (hereinafter: LASHIC Small Amount and Short Term Insurance) and made it a consolidated subsidiary.
With this group integration, LASHIC Small Amount and Short Term Insurance has changed its trade name to "GMO Small Amount and Short Term Insurance Co., Ltd." as of today, and will aim for further business expansion under a new structure as a member of the GMO Internet Group.
[Background and Objectives]
The Company and its consolidated subsidiaries operate securities and FX businesses, and cryptocurrency businesses that provide online trading services for various financial products such as stocks, FX, CFDs, and crypto assets, under the corporate philosophy of "Making Financial Services More Affordable, More Fun, and Freer."
In order to enter the insurance field and realize an "Internet Comprehensive Financial Group," the Company has acquired all shares of LASHIC Small Amount and Short Term Insurance. Through this acquisition, we will build a foundation for the small amount and short term insurance business and aim to expand our business in the insurance field by leveraging the characteristics of this business, which allows for the concurrent operation of life and non-life insurance.
Furthermore, the Company is actively investing in new business areas with expected growth for sustainable growth, having launched a virtual office business in December 2021 and a medical platform business in March 2024. By combining the customer base and needs of these new businesses with the small amount and short term insurance business, we will also work to expand our product lineup suitable for each business area, aiming to create synergies across the entire consolidated corporate group.
[Overview of the New Company]
Trade Name: GMO Small Amount and Short Term Insurance Co., Ltd. (formerly: LASHIC Small Amount and Short Term Insurance Co., Ltd.)
Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo
Representative: Masahiro Yamaguchi, President and Representative Director
Business Content: Small amount and short term insurance business
Capital: 189.4 million yen
[Company Overview] URL: https://www.gmofh.com/
Trade Name: GMO Financial Holdings, Inc.
Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo
Representative: Hidetaka Takashima, Representative Executive Officer, Chairman and President, CEO
Business Content: Management of consolidated subsidiaries engaged in financial instruments business, etc., and related services
Capital: 705.587 million yen
FAQ
What significant change occurred for LASHIC Small Amount and Short Term Insurance on March 27, 2026?
LASHIC Small Amount and Short Term Insurance was acquired by GMO Financial Holdings and became a consolidated subsidiary, changing its trade name to GMO Small Amount and Short Insurance Co., Ltd.
What is the primary objective behind GMO Financial Holdings' acquisition of LASHIC Small Amount and Short Term Insurance?
The primary objective is to enter the insurance field and realize an 'Internet Comprehensive Financial Group' by building a foundation for the small amount and short term insurance business.
How does GMO Financial Holdings plan to expand its business in the insurance field?
They plan to expand by leveraging the characteristics of the small amount and short term insurance business, which allows for concurrent operation of life and non-life insurance.
What other new business areas has GMO Financial Holdings been investing in for sustainable growth?
GMO Financial Holdings has been investing in a virtual office business launched in December 2021 and a medical platform business launched in March 2024.
What kind of synergies does GMO Financial Holdings aim to create with the new insurance business?
They aim to create synergies by combining the customer base and needs of new businesses like virtual office and medical platforms with the small amount and short term insurance business to expand product lineups.