Frequently asked questions and answers (FAQs) are described below.

You can submit IR related and other inquiries about the content on this Site through the "Contact Us" page.

Corporate - related Question

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T&D Insurance Group consists of three life insurance companies.

  • Taiyo Life: centering on the retail household market,
  • Daido Life: centering on the small- and medium-sized enterprise market, and
  • T&D Financial Life: centering on the independent insurance agent market (financial institutions and insurance shop agents).

The Group aims at enhancing its corporate value by maximizing the operating revenue of these three life insurance companies while they capitalize on their respective strengths to the utmost.

For more details of the Group, please view "About T&D Insurance Group" page.

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In the belief that the T&D Insurance Group would be a going concern which will continue to "try and discover" something new in order to maximize the Group's corporate value, we named the "T&D Insurance Group" by taking the initial letters of "Try" and "Discover".

The first objective of establishing a holding company is to diversify our business portfolio. Our business will be integrated among strong niche players with unique business models which allow each unit to maintain independent businesses. Such business models will enable the Group to grow steadily through business risk diversification. We decided to adopt the best option of establishing a holding company because integration through merger would reduce each company's unique strength.

The second objective is to increase management maneuverability. The holding company will dedicate itself to group management while each life insurance company promotes sales. Such a management structure enables the Group to flexibly allocate its management resources to profitable and promising areas. In addition, the Group can make investments in M&A and new business areas aggressively, while keeping each company's independence and without risking existing businesses.

The third objective is to enhance competitiveness. By thoroughly streamlining common infrastructures, we can reallocate redundant management resources to highly profitable business areas. Furthermore, since the holding company is to be listed, the market capitalization will increase compared with that of each existing company, thus improving credibility of the Group and enhancing Group presence as a whole. As a result, we can pursue management from a broader view than before, thereby enabling us to survive in a competitive market.

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Based on the Group's Corporate Philosophy and Management Vision, under the holding company structure, we are aiming to increase the T&D Insurance Group's corporate value steadily and sustainably by maximizing the uniqueness and the specialization of our three life insurance companies in their respective speciality markets.

For details of the Group's Corporate Philosophy and Management Vision, please view "Corporate Philosophy and Vision" page.
As for the Group's core strategy , please view "Group Long-Term vision" page.

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Taiyo Life, Daido Life and T&D Financial Life are the core subsidiaries of T&D Holdings, Inc.

T&D Holdings decides the Group's management strategy and appropriately allocates the Group's management resources in a bid to enhance the Group's corporate value and manage the overall Group's profits and risks. Under the holding company, the three life insurance subsidiaries are seeking to maximize their own operating revenues as independent business units.

For more details, please view "Corporate Governance" page.

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Our basic corporate governance policy is to seek a highly efficient and transparent corporate governance structure in order to realize flexible and unifying group management. Under such governance, the Group respects the three life insurance subsidiaries' independence and promotes management that helps them to capitalize on their respective strengths as much as possible.

For more details of corporate governance, please view "Corporate Governance" page.

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T&D Insurance Group, reflecting the public nature of the life insurance business, considers accurate assessment and control of risk a top management priority to ensure that its business remains healthy and operations are appropriately carried out. Under the guidance of T&D Holdings, each Group company carries out appropriate risk management based on the principle of self-responsibility.

For more details of risk management system, please view "Risk Management" page.

Financial - related Question

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T&D Insurance Group aims to sustainably increase the Embedded Value ("EV"), which is one of the indicators for evaluating the corporate value of a life insurance company.
In order to sustainably increase the EV, "robust growth in sales results and the expansion of policy in force," "appropriate profit and risk management," and "realization of greater efficiency" are essential. We will clear up these challenges with a sense of speed and strive for the increase in corporate value.

As for the Key performance indicators of Group's core strategy , please view "Group Long-Term vision" page.
For the trends in the major financial indicators of T&D Holdings, please view "Financial Highlights" page.

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Embedded Value ("EV") is the sum of the adjusted book value belonging to the shareholders and the existing business value derived from all existing policies. EV is one of the major indicators for evaluating the corporate value of life insurance companies in Europe and Canada.

For details of EV, please view "EV" page.

For results of EV, please view "Financial Data (Embedded Value)" page.

We consider current market value to be the most objective primary means of assessing corporate value, and we employ EV, which is closely linked with market value, as the yardstick for measuring the T&D Insurance Group's corporate value.

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As regards the forecasts for this fiscal year results of T&D Holdings, please view "Financial Data (Performance Forecast)" page.

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In view of the inherent nature of the life insurance business, we would like to strive to improve returns to shareholders while striking a right balance with retained earnings.

For more details of the dividend policy, please view "Shareholder Return Information" page.

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For more information regarding shareholders' dividends, please view "Shareholder Return Information" page.

The dates of record for year-end dividends and interim dividends are March 31 and September 30, respectively.

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For a brief summary of the latest fiscal year results of T&D Holdings, please view "TANSHIN Reports/Supplementary Materials" page. And, as regards the presentation materials distributed at financial results information meetings, please download from "Financial Results Conference Calls/IR Meetings" page.

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For the trends in the major fianancial indicators T&D Holdings, please view "Financial Highlights" page, where you can see key performances including Embedded Value.

If you prefer to get excel files of historical financial data, please view "Financial Data (Historical Financial Data)" page.

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For T&D Holdings and the three life insurance companies of the T&D Insurance Group's ratings, please view "Ratings/Bond Information" page.

Stock - related Question

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The stock exchange code is 8795.

For the basic stock information of T&D Holdings, please see "Basic Stock Data".

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The first section of the Tokyo Stock Exchange.

For the basic stock information of T&D Holdings, please see "Basic Stock Data" page.

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From 100 shares.

For the basic stock information of T&D Holdings, please view "Basic Stock Data" page.

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The date of record for determining the shareholders who have the right to exercise their voting rights at the Ordinary Shareholders' Meeting is March 31, every year.

For the other dates of record, please view "Other Information" of "Basic Stock Data" page.

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Shareholders of both Taiyo Life and Daido Life became shareholders of T&D Holdings.

55 shares of T&D Holdings were allotted in exchange for each share of Taiyo Life and 100 shares of T&D Holdings were allotted in exchange for each share of Daido Life.

IR - related Question

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T&D Holdings makes earnings reports semi-annually. In addition, the Company announces financial summaries as of the end of June (1st Quarter) and December (3rd Quarter).

For future IR events, please view "IR Schedule" page.

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For latest financial results, please view "TANSHIN Reports/Supplementary Materials" page.

For financial presentation materials, please view "Financial Results Conference Calls/IR Meetings" page.

For latest integrated report, please view "Integrated Reports" page.

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The presentation materials distributed at financial results information meetings are subsequently posted on this website. Please download from "Financial Results Conference Calls/IR Meetings" page.

Others

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The T&D Insurance Group undertakes a wide range of Sustainability activities.

For details of such activities, please view "Sustainability" page.