Dai-ichi Life Eyes Southeast Asia M&A for Overseas Expansion

Imagine a big Japanese insurance company, Dai-ichi Life, wants to make more money.

Because Japan has fewer young people, they're looking to other countries.

They plan to buy other insurance companies in places like the Philippines, Malaysia, and Singapore.

They hope this will make them a lot more money in the next few years.

They're already in places like Australia, India, and Vietnam, and they want to get even bigger in Asia.

They aim to have a big chunk of their profits come from outside Japan.