Dai-ichi Life Holdings, Inc. (TYO: 8750)

Dai-ichi Life Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Premiums & Annuity Revenue	7,440,674	7,526,357	6,635,485	5,291,974	4,730,301	4,885,407
Total Interest & Dividend Income	1,449,921	1,364,454	1,362,479	1,348,012	1,303,091	1,262,161
Gain (Loss) on Sale of Investments	1,160,417	1,057,196	590,970	697,195	777,294	366,379
Other Revenue	510,523	467,827	630,230	366,622	377,921	352,058
Total Revenue	10,561,535	10,415,834	9,219,164	7,703,803	7,188,607	6,866,005
Revenue Growth (YoY)	13.69%	12.98%	19.67%	7.17%	4.70%	-0.53%
Policy Benefits	7,833,181	8,721,786	6,637,533	6,260,042	6,049,889	5,117,785
Depreciation & Amortization	14,207	14,044	13,682	13,458	13,188	13,074
Selling, General & Administrative	987,885	926,325	831,345	752,160	689,057	680,154
Provision for Bad Debts	-5,761	5,100	-	-	-	-
Other Operating Expenses	335,998	324,672	588,392	312,973	354,965	383,141
Total Operating Expenses	9,175,677	9,996,321	8,072,465	7,339,092	7,124,693	6,194,680
Operating Income	1,385,858	419,513	1,146,699	364,711	63,914	671,325
Interest Expense	-44,137	-39,675	-33,000	-26,704	-33,476	-44,335
Currency Exchange Gain (Loss)	-215,445	539,088	227,065	453,064	444,926	-491,107
Other Non Operating Income (Expenses)	-70,123	-99,259	-1	-40,176	-4	-2
EBT Excluding Unusual Items	1,056,153	819,667	1,340,763	750,895	475,360	135,881
Gain (Loss) on Sale of Investments	-496,715	-368,162	-1,024,864	-247,498	-	-
Gain (Loss) on Sale of Assets	-2,332	20	-1,012	-2,562	33,566	-8,342
Asset Writedown	-5,760	-5,307	-15,939	-3,850	-2,552	-3,556
Other Unusual Items	-19,626	-19,220	-18,270	-22,614	-23,835	-22,718
Pretax Income	531,720	426,998	280,678	474,371	482,539	101,265
Income Tax Expense	135,209	106,212	88,377	65,018	118,762	68,832
Earnings From Continuing Ops.	396,511	320,786	192,301	409,353	363,777	32,433
Minority Interest in Earnings	-12	-21	-	-	-	-
Net Income	396,499	320,765	192,301	409,353	363,777	32,433
Net Income to Common	396,499	320,765	192,301	409,353	363,777	32,433
Net Income Growth	64.15%	66.80%	-53.02%	12.53%	1021.63%	-85.59%
Shares Outstanding (Basic)	948	973	1,016	1,068	1,117	1,137
Shares Outstanding (Diluted)	948	973	1,016	1,069	1,118	1,137
Shares Change (YoY)	-4.81%	-4.24%	-4.92%	-4.38%	-1.72%	-1.79%
EPS (Basic)	418.46	329.68	189.28	383.15	325.61	28.53
EPS (Diluted)	418.40	329.60	189.21	382.96	325.41	28.51
EPS Growth	72.46%	74.20%	-50.59%	17.69%	1041.39%	-85.33%
Free Cash Flow	734,867	946,238	-250,328	-561,541	-118,070	546,599
Free Cash Flow Per Share	775.44	972.29	-246.31	-525.34	-105.62	480.53
Dividend Per Share	113.000	113.000	86.000	83.000	62.000	62.000
Dividend Growth	31.40%	31.40%	3.61%	33.87%	0%	6.90%
Operating Margin	13.12%	4.03%	12.44%	4.73%	0.89%	9.78%
Profit Margin	3.75%	3.08%	2.09%	5.31%	5.06%	0.47%
Free Cash Flow Margin	6.96%	9.08%	-2.72%	-7.29%	-1.64%	7.96%
EBITDA	1,495,484	518,569	1,253,921	454,675	137,227	735,611
EBITDA Margin	14.16%	4.98%	13.60%	5.90%	1.91%	10.71%
D&A For EBITDA	109,626	99,056	107,222	89,964	73,313	64,286
EBIT	1,385,858	419,513	1,146,699	364,711	63,914	671,325
EBIT Margin	13.12%	4.03%	12.44%	4.73%	0.89%	9.78%
Effective Tax Rate	25.43%	24.87%	31.49%	13.71%	24.61%	67.97%
Revenue as Reported	-	-	-	-	7,827,806	7,114,099

Source: S&P Capital IQ. Insurance template. Financial Sources.