Tetsuya Kikuta Representative Director, President Group Chief Executive Officer
Dai-ichi Life Holdings, Inc. Code: 8750 (TSE Prime section)
[Correction]Notice on Partial Corrections of Consolidated Solvency Margin Ratio
Dai-ichi Life Holdings, Inc. (the “Company”; President and Group CEO: Tetsuya Kikuta) hereby announces that it has made partial corrections to consolidated solvency margin ratio. This is due to a correction in the figures of subsidiaries to be counted in the calculation of the excluded items for total solvency margin. We apologize to our shareholders, investors, and other concerned parties for any inconvenience and concern this matter may cause.
Details for the correction
The revised consolidated solvency margin ration is as follows.
Period
Before amendment
After amendment
Fiscal 2024
Six months
630.8%
630.7%
Prior timely disclosures to be amended
Date of disclosure
Title
Pages to be amended
November 14, 2024
Supplementary Materials for the Six Months Ended
September 30, 2024 (Dai-ichi Life Holdings, Inc.)
p.1
Other
Among the other public materials that require corrections are to be amended with this disclosure. The details of the correction of the figures are described in the attached below, and the Company has submitted amended reports on the semi-annual securities report for fiscal 2024 as of today (May 15, 2025) separately.
The details of the corrections are as follows. All the figures below were published in the materials of Financial Analyst Conference Call for the financial results on the Company website.
(Yen in billions)
Before
After
Difference
(ⅰ) Total solvency margin
6,897.5
6,897.0
▲0.5
Excluded items
▲401.9
▲402.4
▲0.5
(ⅱ) Total risk
2,076.0
2,076.0
-
Solvency margin ratio
(ⅰ) / {(1/2) × (ⅱ)}
664.4%
664.4%
-
(Yen in billions)
Before
After
Difference
(ⅰ) Total solvency margin
6,460.8
6,460.4
▲0.4
Excluded items
▲420.7
▲421.2
▲0.4
(ⅱ) Total risk
2,048.4
2,048.4
-
Solvency margin ratio
(ⅰ) / {(1/2) × (ⅱ)}
630.8%
630.7%
▲0.1%
(Yen in billions)
Before
After
Difference
(ⅰ) Total solvency margin
7,113.0
7,112.7
▲0.3
Excluded items
▲430.9
▲431.2
▲0.3
(ⅱ) Total risk
2,081.4
2,081.4
-
Solvency margin ratio
(ⅰ) / {(1/2) × (ⅱ)}
683.4%
683.4%
-
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Disclaimer
Dai-ichi Life Holdings Inc. published this content on May 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 15, 2025 at 05:44 UTC.
Dai-ichi Life Holdings Inc is a Japan-based insurance holding company that mainly operates in the insurance business and owns domestic and overseas life insurance companies as subsidiaries, and manages the subsidiaries. The Company operates through three segments. The Domestic Insurance segment is engaged in the individual insurance, individual annuity insurance, group insurance, group annuity insurance and other life insurance business, the non-life insurance business, as well as the life insurance related business, such as the acquisition of securities, real estate and monetary claims. The Overseas Insurance segment is engaged in the insurance business overseas. The Other segment is mainly engaged in the management of group companies and asset management related businesses.
