Japan Post Holdings Co., Ltd., which owns a 10% stake in Aflac Inc. (NASDAQ:AFL), reported the sale of approximately $1.1 million in Aflac common stock on June 2, 2026. The transaction involved the sale of 9,750 shares, with prices ranging from $112.51 to $113.54 per share. Following this sale, Japan Post Holdings retains beneficial ownership of over 51 million shares through the J&A Alliance Trust. Aflac's stock has risen to $116.04, close to its 52-week high of $119.81, although it is considered slightly overvalued according to analysts. Additionally, Aflac's first-quarter earnings revealed a revenue of $4.35 billion, surpassing forecasts, but its adjusted earnings per share (EPS) of $1.75 was below the expected $1.80. Shareholders also approved all proposals at Aflac's annual meeting, except for a measure to appoint an independent board chairman, and the company opened a new office in South Portland, Maine, to manage the state's Paid Family and Medical Leave program.