Daiichi Life Group, Inc. [8750.T]
TOKYO, May 15 (Pulse News Wire) – Daiichi Life Group,inc. (8750.T) reported mixed results for its fiscal year ending March 2026.
New contract premiums rose 5.6% to 576,876 compared to the previous quarter but declined 11.8% from the same period last year. Total premium income increased 2.1% to 6,944,066 million yen despite a drop in individual insurance revenue. The company's operating profit was down 2.4% to 629,462 for the fiscal year.
However, Daiichi expects a stable outlook for the next fiscal year, projecting a slight increase in domestic insurance operations while anticipating declines in some overseas units. Total assets grew 6.9% to 741,590 as of March 2026, reflecting improved asset management performance. In addition, Daiichi outlined plans for maintaining a balanced approach to its investment portfolio, targeting a yield improvement in key areas such as equity and fixed-income investments.
The firm also noted a reduction in risk exposure through strategic divestitures and enhanced liquidity measures.
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