Japan Post Holdings sells $1.48 million in Aflac stock

Japan Post Holdings Co., Ltd., a major shareholder and director of Aflac Inc., sold $1.48 million worth of Aflac common stock on September 18, 2026. This sale consisted of 11,840 shares, each priced at an average of $116.19, and an additional 960 shares, each priced at an average of $116.59. The transaction resulted in Japan Post Holdings beneficially owning 50,531,490 shares of Aflac common stock, held indirectly through J&A Alliance Holdings Corporation.

Despite Aflac reporting a slight miss on its adjusted earnings per share in its second-quarter 2026 results, the company's revenue surpassed expectations. However, investors focused on the earnings miss and a cautious outlook for U.S. premium growth. Aflac's coverage from Wolfe Research was initiated with an underperform rating, citing concerns about its Japanese operations.