Risk of limits on shareholder returns due to reliance on subsidiary dividends
First written in FY2017. 8 of 16 entries say "Restated". Latest entry: FY2025-H1.
0 other companies' latest entry also says "Other".
- FY2025-H1Rebound Increase in Dividend Income from SubsidiariesAnnual report
「In the Other business, ordinary revenue increased by ¥60.1 billion year on year to ¥269.6 billion, up 28.7%, and segment profit increased by ¥33.1 billion to ¥229.5 billion, up 16.9%, due mainly to an increase in dividend income from Group companies, including Dai-ichi Life and TAL Dai-ichi Life Australia Pty Ltd, and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased due to higher dividend income from Group companies, demonstrating a rebound from the previous year’s declines in revenue and profit caused by lower subsidiary dividends. - FY2024Annual Confirmation of Revenue and Profit Decline Due to Lower Subsidiary DividendsAnnual report
「In the Other business, ordinary revenue decreased by ¥67.4 billion from the previous consolidated fiscal year to ¥226.8 billion, down 22.9%, mainly due to lower dividend income from Group companies, including Dai-ichi Life and Dai-ichi Frontier Life. Segment profit decreased by ¥69.7 billion to ¥199.2 billion, down 25.9%.」
The holding company’s reliance on subsidiary dividends was reflected in the annual decline in revenue and profit in the Other business. - FY2024-Q2RestatedAnnual report
「In the Other business, ordinary revenue decreased by ¥64.2 billion year on year to ¥209.4 billion, down 23.5%, and segment profit decreased by ¥66.1 billion to ¥196.4 billion, down 25.2%, due mainly to a decrease in dividend income from Group companies, including Dai-ichi Life Insurance Company, Limited and Dai-ichi Frontier Life Insurance Co., Ltd., and other factors.」
Declines in revenue and profit in the Other business of the holding company continued, mainly due to lower dividend income from Group companies, reaffirming fluctuations in the revenue structure’s reliance on subsidiary dividends. - FY2024-Q1Revenue and Profit Decline in the Other Business Due to Lower Subsidiary DividendsAnnual report
「In the Other business, ordinary revenue decreased by ¥71.7 billion year on year to ¥196.7 billion, down 26.7%, and segment profit decreased by ¥72.1 billion to ¥190.2 billion, down 27.5%, due mainly to a decrease in dividend income from Group companies and other factors.」
The Other business of the holding company experienced declines in revenue and profit, mainly due to lower dividend income from Group companies, indicating fluctuations in the revenue structure’s reliance on subsidiary dividends. - FY2023-Q3RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥96.8 billion year on year to ¥280.1 billion, up 52.8%, and segment profit increased by ¥92.5 billion to ¥261.2 billion, up 54.8%, due mainly to an increase in dividend income from Group companies and other factors.」
Revenue and profit growth in the Other business of the holding company continued to be driven mainly by higher dividend income from Group companies, reaffirming the revenue structure’s reliance on subsidiary dividends. - FY2022RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥22.8 billion from the previous consolidated fiscal year to ¥216.3 billion due mainly to an increase in dividend income from Group companies and other factors. Segment profit increased by ¥19.7 billion to ¥197.5 billion.」
The annual results reaffirmed the revenue structure’s reliance on dividend income from Group companies in the Other business of the holding company. - FY2022-Q3Revenue and Profit Growth in the Other Business Driven by Subsidiary DividendsAnnual report
「In Other Businesses, ordinary revenue increased by ¥16.5 billion year on year to ¥183.3 billion, up 9.9%, and segment profit increased by ¥14.3 billion to ¥168.6 billion, up 9.3%, owing to higher dividend income from group companies and a rebound from the impact of impairment losses on intangible assets and other items recorded by Janus Henderson Group plc, which had been an affiliate in the same period of the previous year.」
The increase in dividend income from Group companies contributed to higher revenue and profit in the Other business of the holding company, with the revenue structure’s reliance on subsidiary dividends confirmed in the figures. - FY2021-Q3RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥8.1 billion year on year to ¥166.8 billion, up 5.1%, and segment profit increased by ¥9.2 billion to ¥154.3 billion, up 6.4%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased mainly due to dividend income from subsidiaries, continuing to demonstrate the revenue structure’s reliance on subsidiary dividends. - FY2021-Q2RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥8.3 billion year on year to ¥160.8 billion, up 5.5%, and segment profit increased by ¥9.2 billion to ¥152.3 billion, up 6.4%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased mainly due to dividend income from subsidiaries, continuing to demonstrate the revenue structure’s reliance on subsidiary dividends. - FY2021-Q1Decline in Dividend Income from SubsidiariesAnnual report
「In the Other business, ordinary revenue decreased by ¥41.1 billion year on year to ¥105.9 billion, down 28.0%, and segment profit decreased by ¥42.5 billion to ¥99.8 billion, down 29.9%, due mainly to a decrease in dividend income from Group companies and impairment losses on intangible assets and other assets recognized by Janus Henderson Group plc in March 2020.」
In the Other business of the holding company, ordinary revenue and segment profit declined year on year due mainly to lower dividend income from Group companies, indicating a change in the revenue structure’s reliance on subsidiary dividends. - FY2020-Q3RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥3.6 billion year on year to ¥158.6 billion, up 2.4%, and segment profit increased by ¥2.0 billion to ¥145.1 billion, up 1.4%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased due to dividend income from subsidiaries, reaffirming the revenue structure’s reliance on subsidiary dividends. - FY2020-Q2RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥3.2 billion year on year to ¥152.4 billion, up 2.2%, and segment profit increased by ¥1.9 billion to ¥143.1 billion, up 1.4%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased due to dividend income from subsidiaries, reaffirming the revenue structure’s reliance on subsidiary dividends. - FY2020-Q1Continued Profit Growth in the Other Business Driven by Subsidiary DividendsAnnual report
「In the Other business, ordinary revenue increased by ¥3.6 billion year on year to ¥147.1 billion, up 2.6%, and segment profit increased by ¥2.6 billion to ¥142.3 billion, up 1.9%, due mainly to an increase in dividend income from Group companies and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased due to higher dividend income from Group companies, and the revenue structure’s reliance on subsidiary dividends continues. - FY2019-Q3Profit Growth in the Other Business Driven by Subsidiary DividendsAnnual report
「In the Other business, ordinary revenue increased by ¥108.9 billion year on year to ¥155.0 billion, up 236.8%, and segment profit increased by ¥108.8 billion to ¥143.0 billion, up 317.7%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Ordinary revenue and segment profit in the Other business of the holding company increased substantially due to dividend income from subsidiaries, with the revenue structure’s reliance on subsidiary dividends confirmed in the figures. - FY2019-Q1RestatedAnnual report
「In the Other business, ordinary revenue increased by ¥105.7 billion year on year to ¥143.4 billion, up 280.3%, and segment profit increased by ¥107.4 billion to ¥139.6 billion, up 333.3%, due mainly to our receipt of dividends from subsidiaries and other factors.」
Revenue and profit in the Other business of the holding company increased substantially due to dividend income from subsidiaries, reaffirming the company’s reliance on subsidiary dividends. - FY2017First statedAnnual report
「We are a holding company, and most of our profit consists of dividends paid to us by domestic and overseas subsidiaries and affiliates held directly by us.」
The disclosure identified as a new risk the possibility that the holding company itself could become unable to pay dividends due to restrictions on subsidiary dividends resulting from subsidiary profits and regulations.