LASHIC Short-Term Insurance Joins GMO Financial Holdings

GMO Financial Holdings, Inc. (Representative Executive Officer, President & CEO: Hideyuki Takashima, hereinafter "the Company") announced today, March 27, 2026, that it has acquired all shares of LASHIC Short-Term Insurance Co., Ltd. (hereinafter "LASHIC Short-Term Insurance") and made it a consolidated subsidiary.

With this group integration, LASHIC Short-Term Insurance has changed its company name to "GMO Short-Term Insurance Co., Ltd." as of today. Moving forward, as a member of the GMO Internet Group, the company will aim for further business expansion under a new structure.

[Background and Purpose]

The Company and its consolidated subsidiaries operate securities and FX businesses, and crypto asset businesses, providing services for online trading of various financial products such as stocks, FX, CFD, and crypto assets, under the corporate philosophy of "Making Financial Services More Affordable, More Enjoyable, and Freer."

To enter the insurance field and realize our vision of an "Integrated Internet Financial Group," the Company has acquired all shares of LASHIC Short-Term Insurance. This will establish a foundation for the short-term insurance business, and by leveraging the characteristics of this business, which allows for both life and non-life insurance, we aim to expand our business in the insurance sector.

Furthermore, the Company is actively investing in new business areas with expected growth for sustainable growth, launching 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 short-term insurance business, we will also work to expand product lineups suitable for each business area, aiming to create synergies across the entire consolidated group.

[Overview of the New Company]

Company Name: GMO Short-Term Insurance Co., Ltd. (formerly: LASHIC Short-Term Insurance Co., Ltd.)

Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo

Representative: Masahiro Yamaguchi, President and Representative Director

Business Activities: Short-term insurance business

Capital: 189.4 million yen

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[Company Overview] URL: https://www.gmofh.com/

Company Name: GMO Financial Holdings, Inc.

Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo

Representative: Hideyuki Takashima, Representative Executive Officer, President & CEO

Business Activities: Management of consolidated subsidiaries engaged in financial instruments business, etc., and related operations

Capital: 705.587 million yen