Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
35
% (year-on-year change in group adjusted profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Ordinary income762 Hundreds of millions of yen+29.9%
Net income422 Hundreds of millions of yen+13.3%
Full-year earnings forecast
Ordinary revenue (consolidated)
30,000 Hundreds of millions of yen
Ordinary profit (consolidated)
2,350 Hundreds of millions of yen
Net income attributable to owners of the parent (consolidated)
1,350 Hundreds of millions of yen
Group adjusted profit
1,720 Hundreds of millions of yen
Taiyo Life ordinary profit
940 Hundreds of millions of yen
Daido Life ordinary profit
1,360 Hundreds of millions of yen
TDF Life ordinary profit
110 Hundreds of millions of yen
Taiyo Life net income
540 Hundreds of millions of yen
Daido Life net income
790 Hundreds of millions of yen
TDF Life net income
80 Hundreds of millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Group adjusted profit31
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as plannedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in interest and dividend income and other income
- Increase in gains and losses on sales of securities
- Decrease in foreign exchange hedging costs
- Decrease in sales volumes through the bank-assurance channel
The company identifies the factors but does not state the amount attributable to each one.
New initiatives
- Product revisions to Daido Life's “Company-wide KENCO+” and “T Type” products
- Introduction of a new key performance indicator for managing annualized premiums at Taiyo Life
Key KPIsA metric the company considers important as a management benchmark.
- Group embedded value43,910 Hundreds of millions of yen
- ESR (internal management model)229 %
- Value of new business (combined for 3 companies)408 Hundreds of millions of yen-13.4%
- Annualized in-force premiums (combined for 3 companies)17,540 Hundreds of millions of yen+0.1%
- Underlying profit (combined for 3 companies)572 Hundreds of millions of yen+20.9%
- Assets under management (TDAM)6,321 Hundreds of millions of yen
- Number of in-force policies (P&F)23.2 ten thousand items
Segment results
Taiyo Life
Ordinary revenue
2,992 Hundreds of millions of yen-19.3%
Ordinary income
252 Hundreds of millions of yen+17.0%
Quarterly net income
147 Hundreds of millions of yen+17.2%
Underlying profit
239 Hundreds of millions of yen+5.8%
Daido Life
Ordinary revenue
3,343 Hundreds of millions of yen+18.5%
Ordinary income
473 Hundreds of millions of yen+25.8%
Quarterly net income
309 Hundreds of millions of yen+30.5%
Underlying profit
313 Hundreds of millions of yen+30.4%
TDF Life
Ordinary revenue
2,754 Hundreds of millions of yen+18.6%
Ordinary income
39 Hundreds of millions of yen+116.4%
Quarterly net income
30 Hundreds of millions of yen+196.9%
Underlying profit
19 Hundreds of millions of yen+204.3%
Closed-book business (TDUC consolidated)
Ordinary revenue
27 Hundreds of millions of yen
Ordinary Expenses
17 Hundreds of millions of yen+151.0%
Ordinary income
10 Hundreds of millions of yen
Quarterly net income
10 Hundreds of millions of yen
Adjusted profit
38 Hundreds of millions of yen+183.6%
Asset management business (TDAM)
Operating revenue (underlying basis)
¥861 million+9.7%
Ordinary income
¥65 million
Quarterly net income
¥62 million
Non-life insurance (P&F)
Ordinary revenue
¥3,589 million+16.2%
Ordinary income
¥301 million+726.3%
Quarterly net income
¥223 million+790.2%
Annual Dividend
Annual dividend per share
¥164
Interim Dividend
¥82
Acquisition of treasury shares
Buyback limit
300 Hundreds of millions of yen
ProgressApproximately ¥17.9 billion completed as of the end of July
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Ordinary income | 762 Hundreds of millions of yen (YoY +29.9%) |
| Net income | 422 Hundreds of millions of yen (YoY +13.3%) |
| Full-year earnings forecast | Ordinary revenue (consolidated) 30,000 Hundreds of millions of yen / Ordinary profit (consolidated) 2,350 Hundreds of millions of yen / Net income attributable to owners of the parent (consolidated) 1,350 Hundreds of millions of yen / Group adjusted profit 1,720 Hundreds of millions of yen / Taiyo Life ordinary profit 940 Hundreds of millions of yen / Daido Life ordinary profit 1,360 Hundreds of millions of yen / TDF Life ordinary profit 110 Hundreds of millions of yen / Taiyo Life net income 540 Hundreds of millions of yen / Daido Life net income 790 Hundreds of millions of yen / TDF Life net income 80 Hundreds of millions of yen |
| Progress against full-year forecast | Group adjusted profit 31 |
| Self-assessment against the plan | Progressing as planned |
| Segment results | Taiyo Life Ordinary revenue 2,992 Hundreds of millions of yen (YoY -19.3%) / Ordinary income 252 Hundreds of millions of yen (YoY +17.0%) / Quarterly net income 147 Hundreds of millions of yen (YoY +17.2%) / Underlying profit 239 Hundreds of millions of yen (YoY +5.8%) / Daido Life Ordinary revenue 3,343 Hundreds of millions of yen (YoY +18.5%) / Ordinary income 473 Hundreds of millions of yen (YoY +25.8%) / Quarterly net income 309 Hundreds of millions of yen (YoY +30.5%) / Underlying profit 313 Hundreds of millions of yen (YoY +30.4%) / TDF Life Ordinary revenue 2,754 Hundreds of millions of yen (YoY +18.6%) / Ordinary income 39 Hundreds of millions of yen (YoY +116.4%) / Quarterly net income 30 Hundreds of millions of yen (YoY +196.9%) / Underlying profit 19 Hundreds of millions of yen (YoY +204.3%) / Closed-book business (TDUC consolidated) Ordinary revenue 27 Hundreds of millions of yen / Ordinary Expenses 17 Hundreds of millions of yen (YoY +151.0%) / Ordinary income 10 Hundreds of millions of yen / Quarterly net income 10 Hundreds of millions of yen / Adjusted profit 38 Hundreds of millions of yen (YoY +183.6%) / Asset management business (TDAM) Operating revenue (underlying basis) ¥861 million (YoY +9.7%) / Ordinary income ¥65 million / Quarterly net income ¥62 million / Non-life insurance (P&F) Ordinary revenue ¥3,589 million (YoY +16.2%) / Ordinary income ¥301 million (YoY +726.3%) / Quarterly net income ¥223 million (YoY +790.2%) |
| Breakdown of Factors Affecting the Change | Factors Increase in interest and dividend income and other income / Amount Not disclosed, Factors Increase in gains and losses on sales of securities / Amount Not disclosed, Factors Decrease in foreign exchange hedging costs / Amount Not disclosed, Factors Decrease in sales volumes through the bank-assurance channel / Amount Not disclosed |
| Key KPIs | Group embedded value 43,910 Hundreds of millions of yen, ESR (internal management model) 229 %, Value of new business (combined for 3 companies) 408 Hundreds of millions of yen (YoY -13.4%), Annualized in-force premiums (combined for 3 companies) 17,540 Hundreds of millions of yen (YoY +0.1%), Underlying profit (combined for 3 companies) 572 Hundreds of millions of yen (YoY +20.9%), Assets under management (TDAM) 6,321 Hundreds of millions of yen, Number of in-force policies (P&F) 23.2 ten thousand items |
| Annual Dividend | Annual dividend per share ¥164 / Interim Dividend ¥82 / Year-end dividend Not disclosed |
| Acquisition of treasury shares | Buyback limit 300 Hundreds of millions of yen / Period Not disclosed / Progress Approximately ¥17.9 billion completed as of the end of July |
| New initiatives | Product revisions to Daido Life's “Company-wide KENCO+” and “T Type” products, Introduction of a new key performance indicator for managing annualized premiums at Taiyo Life |
Items this document does not state (18)
Net SalesOperating profitGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Interest and dividend income and gains and losses on sales of securities increased at the domestic life insurers, while foreign exchange hedging costs decreased. Meanwhile, annualized premiums from new policies and premium and other income declined, mainly because of lower sales volumes through the bank-assurance channel.
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.