T&D Holdings Reports Strong First Quarter Results Amid Revenue Fluctuations

TOKYO, Aug 07 (Pulse News Wire) – T&D Holdings, Inc. (8795.T) reported robust first quarter results for the fiscal year ending March 2027, with operating profit increasing to ¥53.20 billion.

Despite a decline in revenue due to reduced sales through bank distribution channels, the company's domestic life insurance operations saw growth driven by increased interest dividend income and foreign exchange hedging cost reductions. Key metrics showed mixed performance: new contract value decreased while total contract value remained stable compared to the previous year. Group equity value (EV) rose due to higher internal management surplus and stock price increases. However, the combined EV of the three main life insurance companies declined slightly. In terms of shareholder returns, the company plans to distribute annual dividends of ¥130 per share, with interim dividends of ¥162 also planned. Additionally, approximately 179% shares had been repurchased by July 31st.

Looking ahead, T&D Holdings maintains positive outlooks for its asset management and pet insurance segments, which benefited from increased asset balances and policy revenues respectively. The company reaffirmed its full-year earnings forecast without changes since the last update on May 15, 2026. --- For the quarter ended June 2026, T&D Holdings recorded a net profit increase to ¥3.800 billion due to improved performance in European life insurance-related subsidiaries. Operating profit for the group stood at ¥76.20 billion, reflecting gains from interest dividend income and securities disposal profits. Despite challenges in some areas such as lower sales volumes through bank windows, the overall financial health remains strong, evidenced by an Economic Solvency Ratio (ESR) improvement to 229% points. The company continues to focus on maintaining capital adequacy and financial stability within its risk management framework.