Dai-ichi Life Holdings, Inc.

Dai-ichi Life Holdings, Inc.

DCNSF
Dai-ichi Life Holdings, Inc.US flagOther OTC
10.78
USD
- -
- -
38.83BMarket Cap
Dai-ichi Life Holdings, Inc.
DCNSF
(Other OTC)

Recent

price

10.78

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
- -
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
- -
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
- -
- -
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
- -
- -
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
- -
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
- -
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
- -
3,763
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
3,055,650
3,622,816
3,445,831

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
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
21.66
2025
- -
- -
- -
- -
44.11
2026
- -
- -
- -
- -
- -
Business
Dai-ichi Life Holdings, Inc. is a Japan-based insurance holding company primarily engaged in life insurance, pension products, and asset management services. The company operates through three main segments: Domestic Life Insurance, Overseas Insurance, and Others. Its Domestic Life Insurance segment offers a diverse portfolio of life insurance products and savings-type financial products through financial institutions focusing on post-retirement asset formation. The Overseas Insurance segment provides life insurance services in markets including Vietnam, Australia, Indonesia, India, and Thailand. The Others segment encompasses asset management and other subsidiary businesses related to financial services. Founded in 1902 and headquartered in Tokyo, Japan, Dai-ichi Life Holdings serves both domestic and international markets with comprehensive insurance and financial solutions. Recently, Dai-ichi Life Holdings has undergone several major strategic changes. In February 2025, it entered a partnership with Marubeni Corporation to consolidate their domestic real estate businesses into a joint venture, aiming to create synergies and expand their value chain in asset management, real estate development, ownership, leasing, and property management. This integration is expected to form one of the largest asset management scales in Japanese real estate markets. Effective October 1, 2025, the company restructured its organization by consolidating investment execution functions in fixed income investments and established a new firm for managing investments and loans to improve asset management efficiency. Furthermore, Dai-ichi Life announced a trade name change to "Daiichi Life Group," effective April 1, 2026, as part of rebranding efforts. The company also enhanced its overseas growth strategy, focusing on expanding capital-light and fee-based businesses, with overseas operations contributing over 25% of total group profits and raising its dividend payout ratio target to 50% by fiscal 2030. Dai-ichi Life Holdings demonstrated a robust financial performance in 2025, raising its profit outlook amid strong operational improvements and announced strategic partnerships, including a significant asset management collaboration with M&G aiming to bring substantial new business flows. Overall, Dai-ichi Life Holdings specializes in life and pension insurance products, asset management, and real estate-related investment services. It continues to expand internationally, especially in Southeast Asia, while deepening its domestic presence through strategic partnerships and organizational restructuring to enhance operational efficiency and financial performance.