Japan Post Holdings sells $1.37M in Aflac stock

Japan Post Holdings Co., Ltd., a major shareholder in AFLAC INC, divested a portion of its Aflac stock, selling 12,100 shares valued at roughly $1.37 million on September 29, 2026. The sale occurred at prices ranging from $113.1 to $113.64 per share, a price that has since risen to $120.51, marking a gain of approximately 6% from the sale price.

Following these transactions, Japan Post Holdings Co., Ltd. now owns 50,445,290 shares of AFLAC common stock. The shares were held indirectly through J&A Alliance Holdings Corporation, who acts as trustee for the J&A Alliance Trust, with Japan Post Holdings Co., Ltd. as the sole settlor and beneficiary. Despite Aflac's revenue exceeding expectations in the second quarter of 2026, the company reported adjusted earnings per share that fell short of forecasts, with an adjusted EPS of $1.75 compared to the expected $1.78.

This led to mixed results, as Wolfe Research downgraded its rating on Aflac to underperform, citing concerns over the company's operations in Japan and the slowdown of its core third-sector engine.