Message from the Group CEO

Tetsuya Kikuta
Group CEO
Dai-ichi Life Holdings, Inc.

Dai-ichi Life Group was originally founded in 1902 as the first mutual company in Japan. Since then, our group organizational framework evolved by going public in 2010 and transforming to a holding company structure in 2016. We made these transitions consciously to respond to the changing business environment and to take best actions ahead of the curve.

Under the previous medium-term management plan launched in FY2021, we focused on broadening our business domains by deepening our core life insurance business and exploring opportunities beyond insurance to acquire new organizational capabilities to respond to increasingly complex social issues and diverse customer needs. Over the past three years, the environment surrounding us has been changing significantly with the rapid evolution of digital technology including generative AI, the emergence of geopolitical risks and various social divisions around the world and increasing uncertainty in macroeconomic and financial markets. We are indeed at a turning point.

On the back of this awareness, since assuming the position of Group CEO of Dai-ichi Life Holdings in April 2023, I have worked on formulating the new medium-term management plan that begins in FY2024, which is part of the plan for the Group to become one of the global top tier insurance groups by 2030 and a leader opening up the future of the insurance industry.

The new medium-term plan is a master plan for an upcoming three years which ends in FY2026, calculating backwards from our 2030 vision. Under the plan, we aim to achieve continuous and drastic improvements in product and service innovations, customer satisfaction, and employee satisfaction. We will boldly take on challenges to transform ourselves to leap further as one of the top tier insurance groups in Japan.

In order for all group executives and employees to work together and achieve these significant goals, we newly adopted our group purpose "Partnering with you to build a brighter and more secure future". We aspire to help realizing a society where different values and way of living of each individual are respected, and diverse happiness for a brighter future is embraced. I believe that our mission is to partner with our customers, shareholders, and other stakeholders and continue taking on challenges to open up paths to the future.

In this uncertain era where social setting and values change rapidly, we will pursue business transformation with curiosity, with an even stronger sense of responsibility to society. I appreciate your continuous support.

Launch of the Dai-ichi Life Group Medium-Term Management Plan covering fiscal years 2024 to 2026 and Revision of the Group Principles

April 1, 2024
Group CEO
Dai-ichi Life Holdings, Inc.
Tetsuya Kikuta