[Dai-ichi Life] Supplementary Materials PDF

November 12, 2021

Supplementary Materials for the Six Months Ended September 30, 2021

1.	Securities (General Account)
	(1)	Breakdown of Securities---------	P. 2
	(2)	Securities by Contractual Maturity Date---------	P. 2
	(3)	Domestic Stocks by Industry---------	P. 3
2.	Loans (General Account)
	(1)	Loans by Contractual Maturity Date---------	P. 4
	(2)	Loans to Domestic Companies by Company Size---------	P. 4
	(3)	Loans by Collateral Type---------	P. 4
	(4)	Loans by Industry---------	P. 5
3.	Foreign Investments (General Account)
	(1)	Breakdown of Investment by Asset Category---------	P. 6
	(2)	Foreign Currency-Denominated Assets by Currency---------	P. 6
	(3)	Investments by Region---------	P. 7

4. Fair Value Information on Derivative Transactions (General Account)

(1)	Gains and losses on derivatives---------	P. 8
(2)	Fair value information (Hedge-Accounting-Not-Applied)---------	P. 8
(3)	Fair value information (Hedge-Accounting-Applied)---------	P. 11

For further information please contact:

Corporate Planning Dept.,

The Dai-ichi Life Insurance Company, Limited

TEL: [phone]/3119

Please note that this is an unofficial translation of the original disclosure in Japanese.

1. Securities (General Account)

(1) Breakdown of Securities

					(millions of yen)
		As of March 31, 2021	As of September 30, 2021	年度	fiscal year ended
		Carrying amount	%	Carrying amount	%	１Ｑ	three months ended
National government bonds	14,672,138	45.1	14,988,718	45.2	２Ｑ	six months ended
Local government bonds	107,735	0.3	104,514	0.3	３Ｑ	nine months ended
Corporate bonds	1,960,238	6.0	1,976,053	6.0
	Public entity bonds	393,526	1.2	376,140	1.1
Domestic stocks	3,569,109	11.0	3,751,024	11.3
Foreign securities	11,402,677	35.1	11,384,510	34.3
	Foreign bonds	9,811,240	30.2	9,677,538	29.2
	Foreign stocks and other securities	1,591,436	4.9	1,706,972	5.1
Other securities	818,392	2.5	956,802	2.9
Total	32,530,293	100.0	33,161,624	100.0

(2) Securities by Contractual Maturity Date

										(millions of yen)
				Due in	Due after	Due after	Due after	Due after	Due after
				1 year	3 years	5 years	7 years	10 years
				1 year	Total
				through	through	through	through	or having no
				or less
				3 years	5 years	7 years	10 years	maturity date
As of March 31, 2021
	Securities	491,377	1,189,420	1,799,772	2,336,468	3,470,970	23,242,285	32,530,293
		National government bonds	16,079	116,456	385,869	713,515	2,012,050	11,428,166	14,672,138
		Local government bonds	2,799	4,312	12,879	6,305	2,908	78,531	107,735
		Corporate bonds	58,145	176,507	234,358	210,394	143,479	1,137,353	1,960,238
		Domestic stocks	-	-	-	-	-	3,569,109	3,569,109
		Foreign securities	413,632	873,430	1,047,910	1,310,705	977,002	6,779,996	11,402,677
			Foreign bonds	410,667	859,597	1,020,003	1,259,084	886,601	5,375,286	9,811,240
			Foreign stocks and other securities	2,965	13,833	27,906	51,620	90,401	1,404,709	1,591,436
		Other securities	720	18,714	118,754	95,546	335,529	249,127	818,392
	Monetary claims bought	-	3,351	27,707	23,082	9,449	188,548	252,140
	Certificates of deposit	70,997	-	-	-	-	-	70,997
	Others	-	-	-	-	-	7,716	7,716
As of September 30, 2021
	Securities	463,813	1,186,599	2,352,465	2,134,624	3,167,432	23,856,689	33,161,624
		National government bonds	12,366	153,984	477,750	711,315	1,677,271	11,956,031	14,988,718
		Local government bonds	1,473	2,817	16,778	4,907	6	78,531	104,514
		Corporate bonds	64,739	187,151	271,178	164,202	140,733	1,148,049	1,976,053
		Domestic stocks	-	-	-	-	-	3,751,024	3,751,024
		Foreign securities	383,364	824,414	1,285,714	1,200,333	992,409	6,698,274	11,384,510
			Foreign bonds	378,658	812,549	1,241,316	1,143,837	885,529	5,215,646	9,677,538
			Foreign stocks and other securities	4,706	11,864	44,398	56,495	106,879	1,482,627	1,706,972
		Other securities	1,870	18,231	301,043	53,865	357,012	224,779	956,802
	Monetary claims bought	3,368	2,649	43,519	14,194	9,173	183,327	256,233
	Certificates of deposit	102,995	-	-	-	-	-	102,995
	Others	-	-	-	-	-	11,703	11,703

Note: The table above includes assets which are treated as securities in accordance with the "Accounting Standard for Financial Instruments" (Accounting Standards Board of Japan (ASBJ) Statement No.10).

-2-	The Dai-ichi Life Insurance Company, Limited

(3) Domestic Stocks by Industry

				(millions of yen)
		As of March 31, 2021	As of September 30, 2021
		Carrying amount	%	Carrying amount	%
Forestry and fisheries	266	0.0	263	0.0
Mining	200	0.0	200	0.0
Construction	119,215	3.3	125,255	3.3
Manufacturing industries
	Food products	184,173	5.2	218,109	5.8
	Textiles and clothing	23,338	0.7	24,280	0.6
	Pulp and paper	3,830	0.1	3,237	0.1
	Chemicals	212,174	5.9	207,019	5.5
	Medical supplies	87,967	2.5	87,336	2.3
	Oil and coal products	3,324	0.1	3,178	0.1
	Rubber products	15,100	0.4	17,229	0.5
	Glass and stone products	108,791	3.0	101,235	2.7
	Steel	36,139	1.0	43,635	1.2
	Non-steel metals	13,969	0.4	12,293	0.3
	Metal products	48,079	1.3	43,537	1.2
	Machinery	249,106	7.0	252,666	6.7
	Electric appliances	731,687	20.5	820,095	21.9
	Transportation vehicles	190,618	5.3	189,858	5.1
	Precision instruments	168,390	4.7	201,521	5.4
	Others	68,351	1.9	73,544	2.0
Electric and gas utilities	67,031	1.9	53,703	1.4
Transportation and communications industries
	Ground transportation	278,117	7.8	259,877	6.9
	Water transportation	51	0.0	67	0.0
	Air transportation	3,113	0.1	3,388	0.1
	Warehouses	4,617	0.1	4,660	0.1
	Telecommunications	83,762	2.3	94,908	2.5
Commerce
	Wholesale	142,684	4.0	146,402	3.9
	Retail	120,546	3.4	121,210	3.2
Financial industries
	Banks	207,608	5.8	186,131	5.0
	Security and trading companies	1,786	0.1	1,920	0.1
	Insurance	4,325	0.1	4,637	0.1
	Other	29,575	0.8	32,201	0.9
Real estate	18,737	0.5	19,639	0.5
Service	342,425	9.6	397,775	10.6
Total	3,569,109	100.0	3,751,024	100.0

Note: Industry categories above are based on classification by Securities Identification Code Committee.

-3-	The Dai-ichi Life Insurance Company, Limited

2. Loans (General Account)

(1) Loans by Contractual Maturity Dates

(millions of yen)

				Due after	Due after	Due after	Due after	Due after
			Due in		1 year	3 years	5 years	7 years	10 years or	Total
			1 year or less		through	through	through	through	having no
					3 years	5 years	7 years	10 years	maturity date
As of March 31, 2021
	Floating-rate loans		9,928		19,985	38,724	13,547	11,905	308,274	402,366
	Fixed-rate loans		315,760		339,671	358,971	287,638	232,373	347,202	1,881,617
	Total		325,688		359,657	397,695	301,186	244,278	655,476	2,283,983
As of September 30, 2021
	Floating-rate loans		15,183		48,229	26,596	25,879	10,201	317,885	443,976
	Fixed-rate loans		327,792		338,634	372,651	298,584	176,612	359,654	1,873,931
	Total		342,975		386,863	399,248	324,464	186,814	677,540	2,317,907
(2) Loans to Domestic Companies by Company Size
							(millions of yen except number of borrowers)
						As of March 31, 2021	As of September 30, 2021
							%		%
Large corporations	Number of borrowers		209	62.8	213	62.6
Amount of loans		1,688,707	83.6	1,700,753	82.9
Medium-sized	Number of borrowers		7	2.1	8	2.4
corporations	Amount of loans		4,103	0.2	5,370	0.3
Small-sized corporations	Number of borrowers		117	35.1	119	35.0
Amount of loans		326,916	16.2	345,614	16.8
Total	Number of borrowers		333	100.0	340	100.0
Amount of loans		2,019,726	100.0	2,051,738	100.0

Note: 1. Categorization by company size is based on the following criteria:

1. 1. Large corporations include corporations with paid-in capital of at least ¥1 billion and more than 300 employees (more than 50 employees in the case of retailers and restaurants; more than 100 employees in the case of service companies and wholesalers).
   2. Medium-sizedcorporations include corporations with paid-in capital of more than ¥300 million and less than ¥1 billion (more than ¥50 million and less than ¥1 billion in the case of retailers, restaurants and service companies; more than ¥100 million and less than ¥1 billion in the case of wholesalers) and more than 300 employees (more than 50 employees in the case of retailers and restaurants; more than 100 employees in the case of service companies and wholesalers).
   3. Small corporations include all other corporations.

   2. Number of borrowers does not equal the number of loan transactions.

2. Loans by Collateral Type

					(millions of yen)
		As of March 31, 2021	As of September 30, 2021
		Carrying	%	Carrying	%
		amount	amount
Secured loans	2,546	0.1	2,634	0.1
	Stocks and other securities	1,130	-	1,381	0.1
	Real and personal estate	1,415	0.1	1,252	0.1
	Others	-	-	-	-
Guarantees	99,406	4.4	92,628	4.0
Unsecured loans	2,182,031	95.5	2,222,644	95.9
Others	-	-	-	-
Total loans	2,283,983	100.0	2,317,907	100.0
	Subordinated loans	241,551	10.6	245,447	10.6

Note: Policy loans are excluded.

-4-	The Dai-ichi Life Insurance Company, Limited

(4) Loans by Industry

					(millions of yen)
			As of March 31, 2021	As of September 30, 2021
			Carrying amount	%	Carrying amount	%
Domestic
	Manufacturing industries	270,245	11.8	266,661	11.5
		Foodstuffs and beverages	43,049	1.9	42,561	1.8
		Textile products	1,824	0.1	1,757	0.1
		Lumber and wood products	500	0.0	500	0.0
		Pulp, paper and paper products	10,600	0.5	10,500	0.5
		Printing	22,500	1.0	21,250	0.9
		Chemical and allied products	27,865	1.2	36,081	1.6
		Petroleum refining	7,860	0.3	7,270	0.3
		Ceramic, stone and clay products	18,791	0.8	18,703	0.8
		Iron and steel	66,245	2.9	60,244	2.6
		Non-ferrous metals and products	3,985	0.2	3,882	0.2
		Fabricated metal products	964	0.0	1,016	0.0
		General-purpose and production- and business-oriented machinery	22,495	1.0	23,085	1.0
		Electrical machinery equipment and supplies	15,273	0.7	12,943	0.6
		Transportation equipment	19,173	0.8	18,541	0.8
		Miscellaneous manufacturing industries	9,116	0.4	8,323	0.4
	Agriculture and forestry	-	-	-	-
	Fishery	-	-	-	-
	Mining and quarrying of stone and gravel	-	-	-	-
	Construction	14,077	0.6	13,379	0.6
	Electricity, gas, heat supply and water	452,713	19.8	464,687	20.0
	Information and communications	61,006	2.7	66,948	2.9
	Transport and postal activities	250,994	11.0	253,239	10.9
	Wholesale trade	303,944	13.3	281,569	12.1
	Retail trade	11,557	0.5	10,475	0.5
	Finance and insurance	596,675	26.1	620,546	26.8
	Real estate	135,914	6.0	133,393	5.8
	Goods rental and leasing	93,647	4.1	87,881	3.8
	Scientific research, professional and technical services	500	0.0	500	0.0
	Accommodations	-	-	-	-
	Eating and drinking services	-	-	-	-
	Living-related and personal services and amusement services	3,477	0.2	7,485	0.3
	Education, learning support	-	-	-	-
	Medical, health care and welfare	4,715	0.2	4,543	0.2
	Other services	2,313	0.1	4,060	0.2
	Local governments	16,727	0.7	15,547	0.7
	Individuals	-	-	-	-
	Others	-	-	-	-
	Total domestic	2,218,510	97.1	2,230,918	96.2
Foreign
	Governments	4,218	0.2	4,023	0.2
	Financial institutions	-	-	-	-
	Commercial and industrial	61,255	2.7	82,966	3.6
	Total foreign	65,473	2.9	86,989	3.8
Total	2,283,983	100.0	2,317,907	100.0

Note: 1. Policy loans are excluded.

2. Domestic industry categories above are based on classification used by Bank of Japan in survey of loans.

-5-	The Dai-ichi Life Insurance Company, Limited