Tokio Marine : Supplemental material for FY2023 1Q Conference Call (60.4KB

Supplemental Material for 1Q FY2023

• Premiums

Total premiums (TMHD Consolidated)

Net premiums written (TMHD Consolidated)

Tokio Marine & Nichido

Overseas subsidiaries

Life insurance premiums*1 (TMHD Consolidated)

Tokio Marine & Nichido Life

Overseas subsidiaries

Aug 7, 2023

Tokio Marine Holdings, Inc.

(unit: billions of JPY, except for %)

FY2022	FY2023				FY2023
1Q	1Q	YoY
			Projections	Progress
Results	Results	Change	%		rate
1,327.5	1,434.1	+ 106.5	+ 8.0%		5,620.0	+ 25.5%
1,073.1	1,179.0	+ 105.9	+ 9.9%		4,590.0	+ 25.7%
605.5	622.7	+ 17.1	+ 2.8%		2,399.0	+ 26.0%
422.8	511.8	+ 88.9	+ 21.0%		2,024.0	+ 25.3%

254.4	255.0	+ 0.5	+ 0.2%	1,030.0	+ 24.8%
123.0	105.5	- 17.5	- 14.2%	479.0	+ 22.0%
131.5	149.6	+ 18.0	+ 13.7%	556.0	+ 26.9%

• Ordinary Profit

FY2022	FY2023				FY2023
1Q	1Q		YoY
			Projections	Progress
Results	Results	Change	%		rate

Ordinary profit*2 (TMHD Consolidated)

Tokio Marine & Nichido

Tokio Marine & Nichido Life

Overseas subsidiaries*2

Financial and other

Elimination of dividends received by TMNF from subsidiaries etc.

Purchase method adjustments (incl. amortization of other intangible fixed assets)

Amortization of goodwill/negative goodwill

Others (Elimination, etc.)*3

171.4	171.3	- 0.0	- 0.1%
166.4	103.6	- 62.8	- 37.8%
6.9	5.6	- 1.2	- 17.8%
84.1	120.5	+ 36.3	+ 43.3%
1.9	2.0	+ 0.0	+ 2.5%
- 66.8	- 35.1	+ 31.7
- 10.6	- 12.6	- 1.9
- 19.8	- 21.0	- 1.2
9.2	8.3	- 0.9

1. + 22.8%

1. + 25.1%

1. + 11.1%

476.0 + 25.3%

• 1. + 25.5%
• 109.0
• • 41.0
  • 82.0

• Net Income

FY2022	FY2023				FY2023
1Q	1Q		YoY
			Projections	Progress
Results	Results	Change	%		rate

Net income attributable to owners of the parent*2 (TMHD Consolidated)

Tokio Marine & Nichido

Tokio Marine & Nichido Life

Overseas subsidiaries*2

Financial and other

Elimination of dividends received by TMNF from subsidiaries etc.

Purchase method adjustments (incl. amortization of other intangible fixed assets)

Amortization of goodwill/negative goodwill

Others (Elimination, etc.)*2,3

Adjusted Net Income

Business Unit Profits

129.7	127.9	- 1.7	- 1.4%
140.1	88.0	- 52.1	- 37.2%
4.6	3.8	- 0.8	- 17.6%
70.8	95.1	+ 24.2	+ 34.3%
2.3	1.4	- 0.9	- 38.9%
- 66.8	- 35.1	+ 31.7
- 8.1	- 9.5	- 1.3
- 19.3	- 20.5	- 1.2
5.9	4.6	- 1.3
139.1	164.5	+ 25.4	+ 18.3%

1. + 24.1%

1. + 27.5%

1. + 10.2%

385.0 + 24.7%

• 1. + 24.0%
• 109.0
• • 32.0
  • 80.0
  • 1. + 24.6%

Domestic Non-life（Tokio Marine & Nichido）

Domestic Life （Tokio Marine & Nichido Life）

International Insurance

35.4	46.9	+ 11.5	+ 32.5%		161.0	+ 29.2%
5.9	4.1	- 1.7	- 29.9%		39.0	+ 10.6%
66.9	91.7	+ 24.8	+ 37.2%		376.0	+ 24.4%

*1 "Life insurance premiums" are reconciled from accounting format of each company to that of non-life operations (after excluding surrender benefits, etc. basis)

*2 Overseas subsidiaries that apply International Financial Reporting Standards (IFRS) have applied IFRS17 (Insurance Contracts) from the beginning of FY2023. IFRS17 is applied retrospectively and has been reflected in the consolidated financial statements for FY2022.

*3 "Others" include figures of other group companies and consolidation adjustments.