Dai-ichi Life Holdings, Inc.

Dai-ichi Life Holdings, Inc.

DLICY
Dai-ichi Life Holdings, Inc.US flagOther OTC
23.72
USD
+0.74
- -
42.72BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,945.92
3,119.4
2,889.46
2,622.76
2,794.61
2,894.01
2,793.42
3,385.99
3,677.58
4,139.64
5,389.49
4,944.32
5,841.62
2,742.33
Basic EPS, GAAP
39.29
62.47
75.26
98.31
155.35
97.22
14.27
162.81
191.58
85.5
164.84
249.06
242.49
86.79
Free Cash Flow per Basic Share
522.51
802.24
830.75
556.2
469.32
692.97
224.61
-69.99
-285.99
-144.78
464.68
265.21
373.44
- -
Dividend per Share
7.96
8.67
14.06
17.6
21.52
25.1
29.16
31.26
32.14
41.74
43.33
88.21
87.08
- -
Book Value per Share
216.68
305.21
346.72
428.66
563.48
638.38
632.53
769.57
785.66
707.36
801.07
934.83
1,086.45
895.65
Tangible Book Value per Share
876.02
1,382.13
1,064.81
1,149.35
1,423.28
1,412.1
1,453.29
1,952.17
1,827.87
947.4
1,630.99
1,410.06
1,827.73
1,338.09
Basic Weighted Avg Shares
1,983
2,281
2,372
2,353
2,343
2,315
2,273
2,234
2,137
2,032
1,946
1,841
1,800
1,882
Sales/Revenue/Turnover
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
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
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
Net Income, GAAP
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
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
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
Total Equity
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
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
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 Common Equity (%)
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

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
3,794,247
4,052,950
3,467,469

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
34.23
- -
- -
- -
164.84
2025
- -
- -
- -
- -
249.06
2026
- -
- -
- -
- -
242.49

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
43.33
2025
- -
- -
- -
- -
88.21
2026
- -
- -
- -
- -
87.08

Company Description

APIChatGPT
CEO
Tetsuya Kikuta
Full Time Employees
60,138
Sector
Financial Services
Industry
Insurance - Life
Address
13-1, Yurakucho 1-chome Tokyo TY Japan 100-8411
IPO Date
Dec 18, 2018
Business
Dai-ichi Life Holdings, Inc. operates primarily in the life insurance and financial services industry, offering a broad portfolio of life insurance products, annuities, health insurance, and pension products. The company serves both domestic and international markets through its core segments: Domestic Insurance, Overseas Insurance, and Other Businesses. The Domestic Insurance segment provides individual life insurance, savings-type insurance products, and group pensions, primarily targeting the Japanese market. The Overseas Insurance segment operates life insurance businesses across Asia-Pacific markets, including Vietnam, Australia, Indonesia, India, and Thailand. The Other Businesses segment focuses on asset management and related financial services. Founded in 1902 and headquartered in Tokyo, Japan, Dai-ichi Life Holdings has expanded its operations through acquisitions and strategic partnerships, including its controlling stake in U.S.-based Protective Life Corporation. Recently, Dai-ichi Life Holdings has undertaken significant organizational and strategic changes to bolster its global presence and investment capabilities. In 2025, the company established a new investment management firm to consolidate investment functions related to fixed income, alternative investments, and structured finance across its subsidiaries. This change aims to improve operational efficiency and investment returns. The company continues to expand into non-insurance businesses, including strategic acquisitions such as Benefit One, a Japanese corporate benefits provider, and ipet Holdings in the pet insurance sector. They are enhancing their digital transformation efforts, with a Global Capability Center in India supporting international digital initiatives and a goal to increase non-insurance revenue to 10% of group adjusted profit by 2030. Dai-ichi Life also plans ongoing strategic investments, focusing heavily on overseas insurance and asset management to drive about 40% of group profits from international operations by 2026. Dai-ichi Life Holdings aims to sustain growth through product innovation, operational efficiency improvements, and a diversified portfolio spanning traditional life insurance and emerging sectors such as health tech. The company commands a strong market position in Japan while progressively expanding internationally. Its strategic focus on digital channels has led to a significant share of new policy sales originating digitally. The company is committed to enhancing customer experience while maintaining prudent investment strategies, with a target dividend payout ratio of 50% by fiscal 2030. These initiatives align with its mission to contribute to society through life insurance and related financial services, fostering economic stability and well-being for its customers globally.

Company News

APIChatGPT
  • Daiichi Life Group, Inc. (DLICY) Discusses International Life Insurance Business Strategy and Growth Across Global Markets Prepared Remarks Transcript

  • Daiichi Life Group, Inc. (DLICY) Q4 2026 Earnings Call Prepared Remarks Transcript

  • Daiichi Life to Reinsure Whole Life Block with Prismic Life