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Revision of earnings forecasts8725MS&AD Insurance Group Holdings,Inc.Financials (excluding banks)

Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026

The consolidated earnings forecast for the full fiscal year ending March 2026 has been revised upward. Ordinary profit has been raised from ¥834.0 billion to ¥1.12 trillion, and net income attributable to owners of the parent from ¥590.0 billion to ¥780.0 billion.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
2860
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 19 November 2025
Ordinary income8,340→—Hundreds of millions of yen
—
Profit attributable to owners of the parent5,900→7,800Hundreds of millions of yen
+32.2%
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Incurred insurance claims from natural disasters in Japan and overseas were below expectations; performance in the overseas business improved as the company achieved both disciplined underwriting and expanded underwriting volume; and gains on the sale of strategic equity holdings exceeded expectations.

Previous-period resultsOrdinary profit: ¥928.9 billion; net income attributable to owners of the parent: ¥691.6 billion; earnings per share: ¥445.52 (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Ordinary income8,340 Hundreds of millions of yen → 1兆1,200(34.2%)
Profit attributable to owners of the parent5,900 Hundreds of millions of yen → 7,800 Hundreds of millions of yen(32.2%)
Net income per share396円17銭 → 523円94銭
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast19 November 2025
Previous-period resultsOrdinary profit: ¥928.9 billion; net income attributable to owners of the parent: ¥691.6 billion; earnings per share: ¥445.52 (fiscal year ended March 2025)
Reason for the revisionIncurred insurance claims from natural disasters in Japan and overseas were below expectations; performance in the overseas business improved as the company achieved both disciplined underwriting and expanded underwriting volume; and gains on the sale of strategic equity holdings exceeded expectations.
Consolidated / non-consolidatedConsolidated
Items this document does not state (4)
Net SalesOperating profitDetails and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Incurred insurance claims from natural disasters in Japan and overseas were below expectations; performance in the overseas business improved as the company achieved both disciplined underwriting and expanded underwriting volume; and gains on the sale of strategic equity holdings exceeded expectations.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026 | MS&AD Insurance Group Holdings,Inc. (8725) timely disclosure | Komori