2024 Financial Results速報｜Net Profit 8.27 billion yen (YoY +13.4%)

Performance Overview

Daidō Life’s financial results for the fiscal year ending March 2024 achieved a net profit of 8.27 billion yen, an increase of 13.4% YoY. Premium income reached 85,530 million yen, and investment income totaled 35,470 million yen, demonstrating steady revenue growth. Regarding asset management, expansion in valuation gains on stocks and foreign securities contributed to an improved unrealized gains/losses, with a trend toward gains. Premium income remained stable with a high contract volume, supported by lower surrender and lapse rates.

Outlook and Impact on Shareholders

Building on strong results in the fiscal year ending March 2025, further stable performance is anticipated for the fiscal year ending March 2026. The dividend per share remains at 33,819 yen, with a stable dividend yield. Asset management efforts will continue to emphasize risk management and hedging to secure long-term earnings. As for shareholder returns, maintaining dividends and considering share buybacks are both under review to enhance shareholder value.