Dai-ichi Life Holdings, Inc.

Dai-ichi Life Holdings, Inc.

8750.T
Dai-ichi Life Holdings, Inc.JP flagTokyo Stock Exchange
1,859.50
JPY
-16.00
- -
6.70TMarket Cap
Dai-ichi Life Holdings, Inc.
8750.T
(Tokyo Stock Exchange)

Recent

price

1,859.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,059.76
1,155.79
1,281.9
1,472.96
1,559.7
1,444.73
1,311.38
1,397.31
1,447
1,396.71
1,693
1,838.79
2,069.82
2,694.75
2,472.16
2,920.81
1,371.16
Revenue per Share
4.79
5.15
8.19
19.65
31.23
37.63
49.15
77.67
48.61
7.13
81.4
95.79
42.75
82.42
124.53
121.24
43.39
Basic EPS, GAAP
170.37
172.85
109.39
261.26
401.12
415.37
278.1
234.66
346.48
112.3
-34.99
-142.99
-72.39
232.34
132.6
186.72
- -
Free Cash Flow per Basic Share
2.47
3.97
3.98
3.98
4.34
7.03
8.8
10.76
12.55
14.58
15.63
16.07
20.87
21.66
44.11
43.54
- -
Dividend per Share
89.97
95.15
92.57
108.34
152.6
173.36
214.33
281.74
319.19
316.27
384.78
392.83
353.68
400.53
467.42
543.22
447.82
Book Value per Share
157.21
197.68
362.01
438.01
691.07
532.4
574.67
711.64
706.05
726.65
976.08
913.93
473.7
815.5
705.03
913.86
669.05
Tangible Book Value per Share
3,992
3,949
3,960
3,967
4,561
4,744
4,705
4,685
4,630
4,547
4,469
4,274
4,064
3,892
3,681
3,601
3,763
Basic Weighted Avg Shares
4,230,999
4,564,445
5,076,376
5,843,127
7,114,456
6,853,436
6,170,469
6,546,876
6,699,035
6,350,572
7,565,734
7,858,100
8,411,439
10,487,502
9,100,111
10,517,702
5,160,197
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
48,981
56,985
58,437
56,966
58,141
67,366
69,861
60,317
68,558
64,286
73,313
89,964
104,735
99,056
141,021
145,586
6,805
Depreciation Expense
19,139
20,357
32,427
77,931
142,476
178,515
231,286
363,928
225,035
32,433
363,777
409,353
173,735
320,765
458,407
436,597
163,311
Net Income, GAAP
38.89
88.46
47.29
48.13
46.93
32.81
25.48
3.41
29.53
67.97
24.61
13.71
32.47
24.87
23.47
30.27
24.22
Effective Tax Rate (%)
0.45
0.45
0.64
1.33
2
2.6
3.75
5.56
3.36
0.51
4.81
5.21
2.07
3.06
5.04
4.15
3.16
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
149,129
148,652
154,584
107,562
489,045
485,682
989,743
968,938
1,062,252
1,135,336
899,770
870,383
949,674
975,286
1,194,998
1,345,159
1,002,215
LT Debt
731,831
991,746
1,649,017
1,947,611
3,589,924
2,932,957
3,137,266
3,749,272
3,713,590
3,776,916
4,807,129
4,408,504
2,661,760
3,882,155
3,639,366
4,254,211
3,583,855
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
7.59
4.86
8.64
16.9
17.58
15.91
15.83
18.95
10.58
1.82
14.98
16.73
7.94
14.25
18.21
15.44
6.88
Return on Capital (%)
7.69
5.54
8.74
19.57
25.31
23.51
25.27
31.26
16.09
2.22
23.04
24.09
11.15
21.41
27.96
23.75
10.22
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
975,286
- -
1,002,215
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,781
- -
3,681
Market Capitalization
3,788,493
4,043,738
3,464,179

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,064,416
- -
1,958,554
Accounts Receivable, Net
1,853,137
- -
2,089,336
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.31%
1.72%
16.89%
Free Cash Flow
-37.92%
-35.35%
37.75%
Net Income, GAAP
106.25%
15.55%
-4.76%
Sales/Revenue/Turnover
5.03%
7.59%
15.58%
Total Cash Common Dividend
19.1%
22.07%
-3.43%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,864,037
2,463,268
2,136,559
3,023,638
10,487,502
2025
- -
- -
- -
- -
9,100,111
2026
- -
- -
- -
- -
10,517,702

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.12
- -
- -
- -
82.42
2025
- -
- -
- -
- -
124.53
2026
- -
- -
- -
- -
121.24

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
21.66
2025
- -
- -
- -
- -
44.11
2026
- -
- -
- -
- -
43.54
Business
Dai-ichi Life Holdings, Inc. engages primarily in the life insurance business, offering a broad range of insurance and financial products through its subsidiaries in Japan, the United States, and internationally. The company's core products include individual life insurance; individual annuities; group annuities; medical, cancer, and disease protection insurance; income protection; nursing care and dementia protection; succession products; educational endowment insurance; variable products; investment trusts; and group insurance. It operates principally through three segments: Domestic Insurance Business, Overseas Insurance Business, and Other Business, which includes asset management and other financial services. Founded in 1902 and headquartered in Tokyo, Japan, Dai-ichi Life Holdings has approximately 59,495 employees and total assets valued at around USD 480.7 billion. The company maintains a strong presence in the domestic Japanese market and actively expands its international footprint, notably in the United States. Its asset management segment manages funds for institutional clients and offers investment products through subsidiaries, contributing significantly to revenue. In recent major developments, Dai-ichi Life Holdings secured an agreement to acquire the healthcare platform Benefit One, taking it private in early 2024, reflecting a strategic expansion into healthcare services. Additionally, the company acquired a 19.9% strategic minority stake in Dallas-based alternative investment manager Canyon Partners. Protective Life, its U.S. subsidiary, continued to expand through multiple acquisitions including Portfolio Holding, Inc., ShelterPoint Group, Inc., and other firms, enhancing its asset protection and disability benefits business lines and broadening geographic reach across North America. These moves signify Dai-ichi Life Holdings' strategic focus on diversification and growth in international markets alongside continued strength in its core insurance operations. The company emphasizes investment portfolio diversification, including increased allocations to selective credit investments, infrastructure, alternative assets, and real estate to improve profitability and capital efficiency. Strategic partnerships and acquisitions underpin Dai-ichi Life Holdings’ ongoing efforts to strengthen asset management capabilities and reinforce its global market position in life and health insurance and related financial services.