Dai-ichi Life profit climbs 33.9% in FY 2025

EPS was at $0.80.

Dai-ichi Life’s net profit climbed 33.9% year-on-year (YoY) to $2.96 million (¥429.6m), driven by slimmer expenses for fiscal year ending March 2025 (FY 2025).

The Japanese insurer’s earnings per share during the period was at $0.80 (¥115.95).

“The Company forecasts its consolidated ordinary revenues to decrease compared to the previous fiscal year to $63.48 billion (¥9.2t), mainly due to the decrease in investment income at Protective Life Corporation,” the company stated in a release.

“The Company also forecasts ordinary profit and net income attributable to shareholders of parent company to decrease to $4.26 billion (¥617.0b) and $2.39 billion (¥347.0b), respectively, mainly due to the decrease at The Dai-ichi Life Insurance Co., Ltd,” it added.

($1.00 = ¥144.83)