Dai-ichi Life Holdings

Message from the President

Seiji Inagaki
President and Representative Director
Dai-ichi Life Holdings, Inc.

Thank you for your continued patronage of the Dai-ichi Life Group.
I am Seiji Inagaki. On April 1, 2017, I assumed the position as President of Dai-ichi Life Holdings and The Dai-ichi Life Insurance Company.
Together with 70,000 employees, the Dai-ichi Life Group will continue to innovate and make every effort to become an insurance group that continues to be chosen in countries around the world while we stand "By your side, for life" for our customers. We appreciate your kind understanding and support of our efforts.

"Second stage of New Foundation" - Taking on new challenges with the spirit of innovation -

The Dai-ichi Life Group shifted to a holding company structure in October 2016. Following our "New Foundation" via Dai-ichi Life's demutualization in April 2010, we have positioned this opportunity as the start of the "Second stage of our New Foundation" with the aim to further accelerate growth.
The term "New Foundation" expresses our determination to once again make Group-wide efforts to demonstrate our "spirit of innovation" as we continue to evolve under any environment based on our philosophy of "Customer First" that we have been embracing since the founding of Dai-ichi Life as a partner that is "By your side, for life".
This spirit continues to live on today and the Group will unite its strengths and take on various challenges to innovate in order to realize the medium- to long-term vision of "Peace of mind. In communities and around the world".

"Forging the future through innovation" in a dramatically changing complex environment

The world has become so complex that it is difficult to predict the future and rapid discontinuous changes are taking place on a global scale. Customers are now seeking diversified forms of "peace of mind" in insurance, and it is likely that solutions to meet such needs will evolve as well. In addition, science and technology and social innovation are accelerating the speed of change.

Seiji Inagaki

The advent of such times may seem to be a threat. However, I do not think so. By fully demonstrating the "spirit of innovation" the Group has cultivated in a dramatically changing complex environment, we will be able to evolve in a way that enables us to provide new added value to our customers and society by taking advantage of change.
It is of course necessary for us to refine our ability to adapt to change even more. We will demonstrate our "ability to take advantage of change" by foreseeing future trends with unsurpassed speed and with a customer-centered approach, forge the future for our customers, society and ourselves. We will strive to provide "peace of mind" to all countries and local communities in which we operate by forging the future through innovation.

The transition to a holding company structure is an important move for such a strategy. The Group is composed of diversified insurance companies and asset management companies and I believe the Group is able to achieve greater synergy by leveraging the strengths and expertise of each company. Furthermore, the Group will take on the challenge of engaging in a wide range of businesses, including new businesses backed by innovation that are beyond the framework of the life insurance business. We will maximize these advantages and cater to various customer needs for "peace of mind" more meticulously than ever with swiftness.

Lastly

In the Medium-term Management Plan "D-Ambitious" covering fiscal years 2015 to 2017, the Dai-ichi Life Group positions the domestic life insurance business, the overseas life insurance business, and the asset management business as the "three growth engines" to drive our growth strategy. The current fiscal year 2017 is the final year of the plan. For the previous fiscal year, we have taken prompt measures, such as partially reviewing our objectives* based on risk control and the adjustment of tactics of each business in light of recent changes in the business environment but the Group's growth strategy remains unchanged.
We will continue implementing various strategies from a medium- to long-term perspective while further strengthening the Group's framework as we strive to create sustainable value for stakeholders.
We sincerely look forward to your continued support and guidance of the Dai-ichi Life Group.

President and Representative Director
Dai-ichi Life Holdings, Inc.
Seiji Inagaki

*Please refer to the press release titled "Progress Report on Dai-ichi Life Group's Medium-Term Management Plan 'D-Ambitious' covering Fiscal 2015 to 2017 and Update on Management Objectives (Quantitative Targets)" dated March 31, 2017 for further details.

Seiji Inagaki

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