T&D Holdings, Inc.
Notice of Earnings and Notice of Supplementary material (T&D Financial Life Insurance Co.): Corrections to the first quarter of the fiscal year ending March 2024 through the fiscal year ending March 2026
Public disclosure of corrections to the earnings materials. Corrections related to a miscalculation in the contract interest for the subsidiary T&D Financial Life Insurance, with revisions to ordinary income, net present value, and capital gains/losses among other intermediate items. No impact on ordinary income. Corrections cover the three-company total and individual breakdown for the quarters from the fiscal year ending March 2024 onward.
Key Figures
- Basis profit: corrected annual values are shown in each table (e.g., FY2024 March quarter Q1 24.7 billion yen)
- Spreads and reverse spreads: refer to corrected annual figures (e.g., FY2024 March quarter Q2 63.9 billion yen, etc.)
- Capital gains/losses: values updated per the corrected figures (e.g., FY2024 March quarter Q1 148.5 billion yen)
AI要約
Summary of earnings corrections
This correction relates to the miscalculation of expected interest for certain contracts in past earnings announcements, including the portion from T&D Financial Life Insurance Co. The corrections affect intermediate items such as basis profit, spreads, and capital gains/losses, with no impact on ordinary income. The correction period covers the three-company total and individual breakdowns from FY2024 March quarter Q1 to FY2026 March quarter.
Impact going forward and disclosure details
The corrections apply to previously published figures, and future disclosures will reference the corrected values and the corresponding correction document numbers. Investors should re-evaluate based on the revised figures. Note that corrections are confined to intermediate items and do not revise ordinary income.
T&D Holdings, Inc.
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