According to the financial results report for the first quarter of the fiscal year ending March 2027, insurance revenue increased year on year, as did quarterly profit attributable to owners of the parent. Adjusted net income, the company’s proprietary metric, declined, while the full-year profit outlook has changed.
According to Tokio Marine Holdings,Inc.’s financial results report for the first quarter of the fiscal year ending March 2027, insurance revenue rose 12.3% year on year to ¥2.0471 trillion, while quarterly profit attributable to owners of the parent increased 3.3% to ¥264.3 billion, resulting in higher revenue and profit. Adjusted net income, however, fell 3.6% to ¥261.4 billion, marking a notable decline in the company’s proprietary metric.
The main business segments are domestic insurance, overseas insurance and solutions. Adjusted net income in the overseas insurance business increased year on year, while that of the domestic insurance business declined.
On the balance sheet, total assets rose 2.0% from the end of the previous consolidated fiscal year to ¥33.677 trillion, while cash and cash equivalents increased 19.6% to ¥2.791 trillion. Deferred tax liabilities decreased 10.1% to ¥719.8 billion. Total equity increased 3.4% to ¥8.3231 trillion, and the ratio of equity attributable to owners of the parent was 24.3%.
For the full year, profit attributable to owners of the parent is projected to rise 56.2% from the previous fiscal year to ¥830.0 billion, while adjusted net income is expected to increase 7.8% to ¥950.0 billion. Adjusted EPS is forecast at ¥514. The annual dividend is expected to be ¥245 per share, comprising an interim dividend of ¥122.5 and a year-end dividend of ¥122.5.