Sow happiness,
make change with boldness

I wish to thank all of you for your kind and continuing support.

The Group is a distinctive life insurance group. Life insurance is our core business, and our three life insurance companies—Taiyo Life, Daido Life, and T&D Financial Life—pursue market specialization strategies. The Group also includes T&D United Capital (investment business), T&D Asset Management (asset management), and Pet & Family (non-life insurance) which have an affinity with the life insurance business and All Right which builds a customer base utilizing digital tools. While each operating company takes maximum advantage of its uniqueness and expertise, T&D Holdings, in its role as holding company, manages the Group to ensure that the whole is greater than the sum of its parts, pursuing overall optimization and bolstering Group capabilities.

In keeping with the Group’s corporate philosophy, “With our ‘Try & Discover’ motto for creating value, we aim to be a group that contributes to all people and societies,” we are striving to realize sustainable growth by creating shared value; that is, we will create both value for society (social values)and value for the company (economic values)through our business.

In order to implement this corporate philosophy, we have established Group long-term vision of “Try & Discover 2025” -In Pursuit of the Happiness of All Stakeholders-in April 2021, which defines what we aim to be in the medium-to long-term and sets strategic policies to achieve such figure. In this long-term vision, we have defined the Group management vision as “ Sow happiness, make change with boldness”, and set "financial KPIs" and "non-financial KPIs" as Group KPIs. While the environment surrounding the Group has been changing significantly also since the long-term vision was formulated, we will continue to realize “creating shared value” by steadily practicing the five Primary Issues for the growth of the Group.

By fostering common Group values through the vision and by making efforts more collectively as a Group than ever before with each company implementing action plans in line with the Group vision, the Group will achieve sustainable growth even under the highly uncertain environment. I request your continuing understanding and support for the Group.

Masahiko Moriyama

Representative Director and President

T&D Holdings, Inc.