PRU · 8-K · 20260804PR000170

Japan Sales Suspension

PRUDENTIAL FINANCIAL INC · 2026-08-04 · Importance 66 · Surprise 74

Prudential of Japan remained subject to a sales suspension during the second quarter of 2026, which increased expenses and contributed to less favorable underwriting results in the International Businesses. International constant-dollar sales declined 33% year over year, exceeding the materiality threshold for year-over-year changes. Management said the suspension reflected ongoing remediation efforts and warned that it could continue longer than expected or uncover additional misconduct.

Key facts

• The decrease in International constant dollar sales was primarily driven by the Prudential of Japan sales suspension. source
• The press release states the Prudential of Japan sales suspension had an impact including higher expenses and less favorable underwriting results on International Businesses. source