In April 2014, the T&D Life Group (the “Group”) formulated a Medium-term Management Plan running through March 2016 entitled A New “Try & Discover”—Bringing Together Group-wide Capabilities. The goal of the plan is to further solidify the Group's presence in the life insurance market in Japan.
The Group positions the Medium-term Management Plan period, covering the two years from fiscal 2014 to fiscal 2015, as “a period for strengthening our platform for pursuing steady, sustainable growth, while maintaining the high level of earnings restored since the financial crisis.” We will enhance financial soundness and maintain a high level of earnings while eying a leap to the next stage.
Following are the five measures of the Medium-term Management Plan:
- To maximize the uniqueness and the specialization of our three life insurance companies, which possess different business models, under the holding company, in order to increase the Group's corporate value.
- To enhance our presence in the core life insurance business in Japan as a top priority, with the view to achieving growth.
- To strengthen our sustainable business model in line with the ERM framework.
- To pursue opportunities for alliances and M&As, with the aim of reinforcing and expanding the growth potential of our core life insurance business in Japan.
- To execute investments in overseas life insurance and other peripheral businesses, among other measures, in order to supplement our life insurance business in Japan going forward, with the intent of achieving medium- and long-term growth.
T&D Life Group's Overall Strategies -Schematic Diagram of Group Strategies-
