Securities Code: 7157 TSE Mothers

Presentation

Material for

Investors

Fiscal 2020

May 13, 2021

LIFENET is...

Comprehensible

Cost-Competitive

Convenient

  • Remembering the original purpose of life insurance - mutual support
  • Helping our customers embrace life more fully

1

Table of Contents

  1. Financial Results for Fiscal 2020
  2. Future Initiatives

2

Overview of Fiscal 2020

Annualized premium1 of

policies-in-force

18,713 million yen

(120.6% vs end of FY2019)

EEV (European Embedded Value)

95,140 million yen

(129.6% vs end of FY2019)

Annualized premium1 of

new business

4,197 million yen

(Y-on-Y122.5%)

Adjusted incremental EV2

7,553 million yen

(Y-on-Y189.1%)

Notable Achievements

Raised new capital Expanded white label business Received high evaluation3 for future growth

  1. The amount of money equivalent to what is to be paid to have the insurance coverage for one year. All payments are monthly installments, thus the annualized premium is calculated as multiplying the monthly premium by 12 months.
  2. Adjusted incremental EV consisted of components adequately reflecting our business growth for fiscal 2020, see page 14 and 45 for details.
  3. The 2021 Oricon Client Satisfaction Survey conducted by Oricon Inc., and J.D. Power 2021 #1 Life Insurance Contract Customer Satisfaction Study ＜Direct Distribution 3 Channel＞

Annualized Premium /

Number of Policies-in-Force

: Annualized premium of policies-in-force1 (JPY billions)

: Number of policies-in-force

18.7

15.5 439,945

13.0 365,171

11.1 308,854

10.0

263,847

239,800

  • Accelerated growth momentum
  • Year-on-yearAnnualized premium 120.6%, number of policies- in-force120.5%

2017/03 '18/03 '19/03 '20/03 '21/03 （YY/MM）

1. The amount of money equivalent to what is to be paid to have the insurance coverage for one year. All payments are monthly installments, thus the annualized

4

premium is calculated as multiplying the monthly premium by 12 months.

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Disclaimer

Lifenet Insurance Co. published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 08:05:09 UTC.