Tokio Marine : Announcement regarding forecasts of consolidated business results of Tokio Marine Holdings, Inc. under Japanese GAAP for the fiscal year 2020PDF

August 7, 2020

Tokio Marine Holdings, Inc.

President: Satoru Komiya

TSE code number: 8766

Announcement regarding forecasts of consolidated business results of Tokio Marine Holdings, Inc. under Japanese GAAP for the fiscal year 2020

Tokio Marine Holdings, Inc. (the "Company") has announced the forecasts of its consolidated business results for the fiscal year 2020 (April 1, 2020 to March 31, 2021, "FY 2020") which had been undetermined in its "Summary of Consolidated Business Results under Japanese GAAP for the fiscal year ended March 31, 2020", disclosed on May 20, 2020.

1. Forecasts for FY 2020

		Net income
	Ordinary	attributable to	Net income
	profit	owners of the	per share
	(million yen)	parent	(yen)
		(million yen)
Previous forecast (A)	-	-	-
New forecast (B)	265,000	175,000	250.69
Difference (B)-(A)	-	-	-
Rate of increase / decrease (%)	-	-	-
(Reference)
Actual results for the fiscal year	363,945	259,763	369.74
2019

2. Reasons for the announcement

The Company's consolidated business forecasts for the FY 2020 were undetermined at the beginning of the fiscal year as there were difficulties in reasonably estimating the impacts caused by the spread of Coronavirus disease 2019 (COVID-19). As economic activities are gradually resuming, given the lifts and eases of restrictions on movement and others globally, the Company has estimated the impacts caused by COVID-19 based on information currently available and has announced the consolidated business forecasts for the FY 2020 as above.

The above forecasts are prepared based on information available to the Company as of the release date of this document and actual results may significantly differ depending on various factors.