Dai-ichi Life Holdings

Financial Highlights: Dai-ichi Life Holdings (Consolidated)

Please refer to Dai-ichi Life Group's financial results.

Annualized Net Premium
Annualized net premium is calculated by using multipliers for various premium payment terms to the premium per payment. In single premium contracts, the amount is calculated by dividing the premium by the duration of the policy.
Fundamental Profit
Fundamental profit is an indicator that shows the fundamental profit situation of a life insurance company’s core insurance business during the term under review. It consists of insurance-related income and expenditures such as premium income and payment of insurance claims and benefits and operating expenses, as well as investment-related income and expenditures centering on interests and dividends.
Capital Gain/Loss
Capital gain/loss is an indicator that shows temporary gain/loss related to asset management calculated by deducting capital expenses, such as losses on the sale of securities and foreign exchange losses, from capital income, such as gains on the sale of securities and foreign exchange gains.
Non-recurring Gain/Loss
Non-recurring gain/loss is an indicator that shows temporary gains/losses, such as gains/losses resulting from the provision and reversal of allowance for doubtful accounts and changes to valuation of insurance liabilities among ordinary profit and ordinary loss.
Embedded Value
EV (Embedded Value) is one of the indicators representing the corporate value of life insurance companies that is attributed to shareholders.
Value of New Business
EV related to new insurance contracts is referred to as the value of new business.

Selected Consolidated Financial Data

(millions of yen unless otherwise specified)

14/3 15/3 16/3 17/3 18/3
Premium and other income 4,353,229 5,432,717 5,586,000 4,468,736 4,884,579
Investment income 1,320,066 1,444,012 1,344,852 1,626,177 1,802,626
Benefits and claims 2,903,587 3,380,827 3,830,941 3,618,385 3,789,907
Ordinary profit 304,750 406,842 418,166 425,320 471,994
Provision for reserve for policyholder dividends 94,000 112,200 97,500 85,000 95,000
Net income attributable to shareholders of parent company 77,931 142,476 178,515 231,286 363,928
Comprehensive income 300,180 1,384,315 -592,867 264,969 684,757
Total net assets 1,947,613 3,589,927 2,932,959 3,137,266 3,749,271
Total assets 37,705,176 49,837,202 49,924,922 51,985,850 53,603,028
BPS (yen) 1,962.05 3,012.46 2,472.86 2,668.61 3,217.68
Net income per share (yen) 78.58 124.94 150.53 196.62 310.69
Diluted net income per share (yen) 78.54 124.87 150.44 196.48 310.45
Capital ratio 5.2% 7.2% 5.9% 6.0% 7.0%
ROE 4.3% 5.1% 5.5% 7.6% 10.6%
PER 19.1 14.0 9.1 10.2 6.3
Cash flows from operating activities 1,093,970 1,875,642 2,013,807 1,376,809 1,169,136
Cash flows from investing activities -783,262 -2,032,143 -2,265,659 -2,260,016 -995,862
Cash flows from financing activities -99,189 349,490 -33,439 910,086 -85,421
Cash and cash equivalents at the end of the year 1,061,394 1,254,760 961,221 980,465 1,055,885
Number of employees 59,512 60,647 61,446 62,606 62,943
  • Note1:
    The data is an extract from the information contained in Company's financial results. For detail, please refer to the Company's financial results posted on the website.
  • Note2:
    The Company conducted a 1:100 share split on October 1, 2013.

BASIS FOR PRESENTATION

The accompanying consolidated financial statements have been prepared from the accounts maintained by Dai-ichi Life Holdings, Inc. and its consolidated subsidiaries in accordance with the provisions set forth in the Financial Instruments and Exchange Act, and in conformity with accounting principles generally accepted in Japan ("Japanese GAAP") which are different in certain respects from the application and disclosure requirements of International Financial Reporting Standards.