Overview
Insurance

Daiichi Life Group, Inc.

Dai-ichi Life Holdings is a leading Japanese insurance holding company providing life insurance products and services across domestic and international markets. Its core domestic operations include traditional life insurance through Dai-ichi Life Insurance, bancassurance-focused products via Dai-ichi Frontier Life, and digital/small-amount insurance through Neo First Life and Dai-ichi Smart Shogaku Tanki Hoken. Internationally, the group operates across the U.S. (Protective Life), Australia/New Zealand (TAL Group, Partners Group), Southeast Asia (Vietnam, Cambodia, Myanmar, Indonesia), and India (Star Union Dai-ichi Life), complemented by employee benefits services through Benefit One.

Market Cap
¥6,551B
US$41.7B
EV
¥—B
Stock¥1,819▼-0.30%
US$1 = ¥157.05 (2026-10-22)
ROE
12.1%
* LTM NI / end-of-period equity
PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+43.5%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Feb 27, 26Effissimo Capital Management Pte. Ltd. changed stake (10.99%→10.99%)
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
8,210US$52.3B'22/39,519US$60.6B'23/311,028US$70.2B'24/39,873US$62.9B'25/311,308US$72.0B'26/3
Net Income 5Y (¥B)
409US$2.61B'22/3192US$1.22B'23/3321US$2.04B'24/3430US$2.74B'25/3437US$2.78B'26/3
Capital Structure
77%
23%
EquityD/E 0.31xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2,617US$16.7B870US$5.54B'22/32,517US$16.0B907US$5.77B'23/32,772US$17.7B922US$5.87B'24/32,314US$14.7B1,170US$7.45B'25/32,088US$13.3B1,356US$8.63B'26/3
Shareholders
Top 10 hold 35.0%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
15.71%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.86%
3
SMP PARTNERS (CAYMAN) LIMITED (Standing Proxy: Mizuho Bank, Ltd.)
2.70%
4
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.01%
5
Shinsei Trust & Banking Co., Ltd. ECM MF 8299002 (Trust Account)
1.92%
6
CGML PB CLIENT ACCOUNT/COLLATERAL (Standing Proxy: Citibank, N.A.)
1.43%
7
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.41%
8
Employee Stock Ownership Association
1.37%
9
JPMorgan Securities Japan Co., Ltd.
1.35%
10
ECM MF (Standing Proxy: Tachibana Securities Co., Ltd.)
1.27%
Management
15 officers
Seiji INAGAKI
Director and Chairman
Tetsuya KIKUTA
Representative Director, President, Group Chief Executive Officer
Hitoshi YAMAGUCHI
Representative Director, Senior Managing Executive Officer, Group Chief Human Resources Officer
Takako KITAHORI
Director, Managing Executive Officer, Group Chief Customer Experience Officer (Japan)
Shunsuke SUMINO
Director
Kiyoto MATSUDA
Director
Koji NIIGAI
Outside Director
Bruce MILLER
Outside Director
Ichiro ISHII
Outside Director
Etsuko SHAKESPEARE
Outside Director
Takahiro SHIBAGAKI
Director (Full-time Audit and Supervisory Committee Member)
Kenji YAMAKOSHI
Director (Full-time Audit and Supervisory Committee Member)
Satoru NAGASE
Outside Director (Audit and Supervisory Committee Member)
Ayako MAKINO
Outside Director (Audit and Supervisory Committee Member)
Junko OGUSHI
Outside Director (Audit and Supervisory Committee Member)
Large Shareholding Reports
Nomura Asset Management Co., Ltd.
2026-07-07
5.02%
BlackRock Fund Advisors
2026-06-05
1.88%→2.33%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-04-06
3.11%
Effissimo Capital Management Pte. Ltd.
2026-02-27
10.99%→10.99%
Effissimo Capital Management Pte. Ltd.
2026-02-27
10.99%→10.99%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.21%→3.00%
Effissimo Capital Management Pte. Ltd.
2025-04-10
10.67%→10.99%
Effissimo Capital Management Pte. Ltd.
2024-08-06
9.88%→10.67%
Effissimo Capital Management Pte. Ltd.
2024-03-25
9.88%→9.88%
Effissimo Capital Management Pte. Ltd.
2024-01-29
9.88%→9.88%
Effissimo Capital Management Pte. Ltd.
2023-08-04
8.99%→9.88%
Effissimo Capital Management Pte. Ltd.
2022-10-06
9.72%→8.99%
Effissimo Capital Management Pte. Ltd.
2022-04-08
9.90%→9.72%
Effissimo Capital Management Pte. Ltd.
2021-12-01
10.91%→9.90%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-07
Large Shareholding Report
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-04-06
Large Shareholding Report
EDINET
2026-02-27
Large Shareholding Report
EDINET
2026-02-27
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-06-20
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2025-05-15
Amended Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-04-10
Large Shareholding Report
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-08-06
Large Shareholding Report
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-03-29
中期経営計画
EDINET
2024-03-25
Large Shareholding Report
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2024-01-29
Large Shareholding Report
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINETAmended
2023-09-29
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2023-09-29
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINETAmended
2023-09-29
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-08-04
Large Shareholding Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →