InsuranceUS insurer faces up to $575m operating profit hit from misconduct at Japanese armPrudential's Japanese operation is the second largest for the group after the U.S. (Photo by Kaisuke Ohta)SAKI AKITA and TAKERO MINAMIApril 25, 2026 00:03 JSTNEW YORK/TOKYO -- Prudential Financial intends to maintain a footprint in the Japanese market "for decades to come," CEO Andrew Sullivan said, despite the fraudulent practices at a local subsidiary impacting the U.S. company's pretax adjusted operating profit by up to $575 million this year.
Prudential 'still very committed' to Japan market: CEO
US insurer faces up to $575m operating profit hit from misconduct at Japanese arm
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