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Prudential estimates $140M Japan sales suspension hit, $20M PGIM revenue
PFHPrudential Financial Inc
Prudential Financial disclosed preliminary financial information for the quarter ended September 30, 2026. The company reported that a sales suspension at Prudential of Japan reduced pre-tax adjusted operating income by approximately $140 million due to compensation costs and lost sales. PGIM segment other related revenues were estimated at $20 million, while alternative investment income in the General Account is expected to be $15-$35 million above near-term expectations. The filing also announced a retrospective segment reporting change, renaming the International Businesses segment to Japan Businesses and moving Brazil and Mexico operations to Corporate and Other. Prudential Financial Inc. operates as a diversified financial services company providing insurance, retirement, and asset management products.