Dai-Ichi Life Insurance
1902
FOUNDED
PUBLIC
STATUS
60K-65K
EMPLOYEES
8750
STOCK SYMBOL
29
INVESTMENTS
$15.70
SHARE PRICE
(As of Friday Closing)
Description
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 70% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, and TAL in Australia accounts for close to 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One and a 15% stake in Janus Henderson.
Primary Industry
Life and Health Insurance
Stock Exchange
TKS
Primary Office
- 13-1, Yurakucho 1-chome
- Chiyoda-ku
- Tokyo, 100-8411
- Japan
+81 00-0000-0000
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Dai-Ichi Life Insurance Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $12.58 - $17.39 | $17.8B | $15.76 | $1.59 | 4.36M | 1.14B |
Dai-Ichi Life Insurance Financials Summary
|
In Thousands,
USD |
TTM
30-Sep-2019
|
FY 2019
31-Mar-2019
|
FY 2018
31-Mar-2018
|
FY 2017
31-Mar-2017
|
|---|---|---|---|---|
| Enterprise Value | 17,255,645 | 15,978,075 | 21,321,517 | 20,455,559 |
| Revenue | 62,978,159 | 61,983,784 | 61,083,013 | 56,912,354 |
| EBITDA | 3,691,630 | 3,889,247 | 4,338,566 | 3,886,699 |
| Net Income | 1,821,947 | 2,029,662 | 3,282,978 | 2,134,588 |
| Total Assets | 557,396,699 | 504,523,045 | 504,404,493 | 464,961,442 |
| Total Debt | 10,220,109 | 0 | 0 | 0 |
Public Fundamental Data provided by Morningstar, Inc.
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Dai-Ichi Life Insurance Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookDai-Ichi Life Insurance Investments & Acquisitions (29)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 | 27-Sep-2019 | 00000 00000 00 | 000.00 | Social/Platform Software | |
| 0000 & 0000000 | 01-Sep-2019 | 00000 00000 00 | 0000 | Consumer Finance | |
| 0000000000 | 11-Jun-2019 | 00000 00000 00 | 0000 | Diagnostic Equipment | |
| 00 00000 | 11-Apr-2019 | 00000 00000 00 | 000.00 | Industrial Supplies and Parts | |
| Suncorp (Life Insurance Group) | 28-Feb-2019 | Merger/Acquisition | 00000 | Life and Health Insurance |
Dai-Ichi Life Insurance Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000 0000000 0000 | 22-Jan-2013 | 0000 | 00000 | Completed |
|
Dai-Ichi Life Insurance Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000000000 0000 | Life and Health Insurance | Birmingham, AL | 0000 |
Dai-Ichi Life Insurance Executive Team (15)
7 Former Executives
You’re viewing 5 of 15 executives. Get the full list »Dai-Ichi Life Insurance Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000 00000000 | Dai-Ichi Life Insurance | Representative Director, Vice Chairman of the Board | 000 0000 | |
| 00000000 00000000 | Dai-Ichi Life Insurance | Representative Director and Chairman of the Board | 000 0000 | |
| 000000 00000000 | Dai-Ichi Life Insurance | Representative Director and Vice President | 000 0000 |
2 Former Board Members
You’re viewing 3 of 5 board members. Get the full list »