SBI Insurance Group Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Other Investments	158,211	146,926	143,649	124,955	127,228	130,654
Total Investments	158,211	146,926	143,649	124,955	127,228	130,654
Cash & Equivalents	30,558	34,328	33,542	33,106	31,447	32,809
Reinsurance Recoverable	11,415	9,996	8,541	6,993	5,216	4,710
Other Receivables	5,340	1,080	1,010	1,297	5,089	3,590
Property, Plant & Equipment	890	1,002	794	858	705	542
Goodwill	2,574	2,726	2,928	3,131	3,186	3,224
Other Intangible Assets	4,879	4,456	4,606	5,153	5,030	5,135
Restricted Cash	125	445	186	610	147	136
Long-Term Deferred Tax Assets	692	970	396	449	468	165
Other Long-Term Assets	14,231	15,785	14,613	14,484	13,593	13,418
Total Assets	228,915	217,714	210,265	191,036	192,109	194,383
Accrued Expenses	324	472	447	467	423	401
Insurance & Annuity Liabilities	130,141	123,207	120,420	115,061	114,047	113,374
Unpaid Claims	24,197	24,725	23,113	21,868	19,929	17,213
Reinsurance Payable	7,745	7,717	7,284	5,561	4,946	4,561
Long-Term Deferred Tax Liabilities	286	148	198	207	234	868
Other Long-Term Liabilities	19,818	18,906	18,792	8,988	9,429	14,139
Total Liabilities	182,523	175,192	170,271	152,173	149,036	150,589
Common Stock	8,375	8,375	8,375	8,375	8,375	8,375
Additional Paid-In Capital	32,043	32,043	32,061	32,061	32,061	32,061
Retained Earnings	9,874	7,542	6,000	4,798	3,558	2,666
Comprehensive Income & Other	-4,033	-5,555	-6,552	-6,474	-1,022	593
Total Common Equity	46,259	42,405	39,884	38,760	42,972	43,695
Minority Interest	133	117	110	103	101	99
Shareholders' Equity	46,392	42,522	39,994	38,863	43,073	43,794
Total Liabilities & Equity	228,915	217,714	210,265	191,036	192,109	194,383
Filing Date Shares Outstanding	24.82	24.82	24.82	24.82	24.82	24.82
Total Common Shares Outstanding	24.82	24.82	24.82	24.82	24.82	24.82
Net Cash (Debt)	30,558	34,328	33,542	33,106	31,447	32,809
Net Cash Growth	6.79%	2.34%	1.32%	5.28%	-4.15%	18.12%
Net Cash Per Share	1231.17	1383.06	1351.39	1333.82	1266.98	1321.85
Book Value Per Share	1863.75	1708.47	1606.90	1561.62	1731.32	1760.44
Tangible Book Value	38,806	35,223	32,350	30,476	34,756	35,336
Tangible Book Value Per Share	1563.47	1419.12	1303.36	1227.86	1400.30	1423.67

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.