We have made extremely strong progress on all three of our key performance indicators (KPIs), as evidenced by our results in the first year of our two-year Medium-term Management Plan.
Indicator for measuring corporate value
Targets
| Embedded Value (EV*1) | ¥2,200.0 billion and above |
|---|
- *1 Embedded Value (EV):
The sum of adjusted net worth and value of in-force business. EV serves as a key measure of corporate value and performance indicator for life insurance companies. - *2 EEV: 2009/03-2011/03, MCEV (Group MCEV): From 2012/03
Indicator for measuring profit
Targets
| Adjusted Net Income | ¥77.0 billion and above |
|---|
- * Adjusted net income is calculated by adding net income and additional internal reserves in excess of legal requirements related to reserves for contingency and price fluctuations (after taxes).
Indicator for measuring sales performance
Targets
| Policy Amount in Force | ¥63 trillion and above |
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- * The policy amount in force is shown on a comprehensive basis including the policy amounts in force for individual insurance, individual annuities and Daido Life's J-type product and T-type product.
