TYO:8725 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	Sep '25 Sep 30, 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
Total Investments	18,412,963	18,148,297	18,166,668	16,149,338	16,959,321	16,795,583
Cash & Equivalents	1,877,919	2,199,796	2,911,347	2,771,981	2,357,036	2,057,789
Other Receivables	1,632,666	909,825	1,154,348	1,102,473	1,131,731	1,135,914
Property, Plant & Equipment	451,816	456,461	465,661	476,711	487,691	494,818
Goodwill	-	133,142	141,446	143,247	124,946	122,617
Other Intangible Assets	453,456	344,884	349,064	352,877	318,213	309,312
Restricted Cash	2,830,229	2,663,333	2,420,170	2,082,012	2,039,135	1,717,804
Long-Term Deferred Tax Assets	40,510	64,759	59,388	122,822	40,653	30,549
Other Long-Term Assets	1,583,977	1,320,801	1,292,115	1,798,972	1,575,120	1,478,176
Total Assets	27,283,536	26,241,298	26,960,207	25,000,433	25,033,846	24,142,562
Accrued Expenses	36,084	42,104	34,189	28,444	30,006	28,256
Insurance & Annuity Liabilities	16,753,585	16,252,189	16,313,226	16,187,117	16,140,539	15,850,128
Unpaid Claims	3,317,467	3,301,154	2,884,811	2,682,482	2,467,600	2,256,900
Current Portion of Long-Term Debt	-	-	-	100,000	98,381	-
Long-Term Debt	790,190	590,565	715,045	714,743	882,902	1,007,474
Long-Term Deferred Tax Liabilities	79,531	37,711	370,837	31,177	45,528	34,630
Other Long-Term Liabilities	1,771,152	1,824,991	1,990,424	2,058,929	1,928,257	1,677,449
Total Liabilities	22,892,897	22,188,465	22,446,647	21,944,162	21,731,099	21,015,906
Common Stock	101,367	101,367	101,076	100,808	100,534	100,276
Additional Paid-In Capital	344,834	345,130	344,785	345,144	553,680	553,428
Retained Earnings	2,517,154	2,135,307	1,634,444	1,305,928	1,251,280	1,078,850
Treasury Stock	-358,935	-285,533	-36,841	-6,662	-159,850	-119,267
Comprehensive Income & Other	1,737,351	1,704,345	2,423,718	1,265,382	1,514,004	1,472,081
Total Common Equity	4,341,771	4,000,616	4,467,182	3,010,600	3,259,648	3,085,368
Minority Interest	48,868	52,217	46,378	45,671	43,099	41,288
Shareholders' Equity	4,390,639	4,052,833	4,513,560	3,056,271	3,302,747	3,126,656
Total Liabilities & Equity	27,283,536	26,241,298	26,960,207	25,000,433	25,033,846	24,142,562
Filing Date Shares Outstanding	1,488	1,515	1,590	1,603	1,642	1,674
Total Common Shares Outstanding	1,488	1,515	1,590	1,603	1,642	1,675
Total Debt	790,190	590,565	715,045	814,743	981,283	1,007,474
Net Cash (Debt)	1,087,729	1,609,231	2,196,302	1,957,238	1,375,753	1,050,315
Net Cash Growth	-42.17%	-26.73%	12.21%	42.27%	30.99%	25.22%
Net Cash Per Share	718.66	1036.41	1378.56	1210.49	827.69	619.86
Book Value Per Share	2916.90	2640.90	2808.91	1878.33	1984.76	1842.42
Tangible Book Value	3,888,315	3,522,590	3,976,672	2,514,476	2,816,489	2,653,439
Tangible Book Value Per Share	2612.26	2325.34	2500.48	1568.80	1714.93	1584.49

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.