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MS&AD Insurance Group Holdings, Inc.

Business Summary

MS&AD Insurance Group Holdings, Inc. engages in the management of its group companies which are in the insurance business. Its operations are carried out through the following segments: Domestic Non-Life Insurance Business, Domestic Life Insurance Business, International Business, and Others. The Domestic Non-Life Insurance Business segment provides property and casualty insurance services such as fire, marine, accident, and automobile liability insurances. The Domestic Life Insurance Business segment offers private insurance, private pension, group insurance, and other life insurance products. The International Business segment deals with life and non-life insurance products in foreign countries. The Others segment includes financial and risk-related services. The company was founded on April 1, 2008 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit----
Operating income279,478M2,062.30M
Income before tax235,456M1,737.45M
Net income161,530M1,191.94M
Diluted EPS299.702.21
Dividends Per Share2001.47
Total Assets25,000.43B187,846.06M
Total liabilities21,912.97B164,647.82M
Total equity3,010.59B22,620.76M
Operating cash flow194,153M1,432.67M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 5,448.41B 5,010.46B 4,423.88B 4,853.74B 5,108.01B
Gross Profit -- -- -- -- --
Operating income 345,697M 513,642M -82,339M 193,151M 279,478M
Income before tax 279,842M 12,505M 201,727M 370,027M 235,456M
Net income 192,706M 143,031M 144,398M 262,799M 161,530M
EBITDA -- -- -- -- --
Diluted EPS 328.60 248.22 255.65 474.32 299.70
Dividends Per Share 140 150 155 180 200
Total Assets 23,132.53B 23,196.45B 24,142.56B 25,033.84B 25,000.43B
Total liabilities 20,354.48B 20,702.41B 21,015.90B 21,731.09B 21,912.97B
Total equity 2,751.30B 2,452.87B 3,085.36B 3,259.65B 3,010.59B
Operating cash flow 776,724M 667,896M -323,912M 236,708M 194,153M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 49,131.47M 46,083.52M 41,712.18M 43,193.24M 37,692.64M
Gross Profit -- -- -- -- --
Operating income 3,117.34M 4,724.19M -776.36M 1,718.84M 2,062.30M
Income before tax 2,523.49M 115.01M 1,902.05M 3,292.85M 1,737.45M
Net income 1,737.73M 1,315.52M 1,361.50M 2,338.63M 1,191.94M
EBITDA -- -- -- -- --
Diluted EPS 2.96 2.28 2.41 4.22 2.21
Dividends Per Share 1.26 1.37 1.46 1.60 1.47
Total Assets 208,994.35M 214,871.51M 218,484.73M 206,252.08M 187,846.06M
Total liabilities 183,895.63M 191,768.94M 190,189.14M 179,040.97M 164,647.82M
Total equity 24,857.06M 22,721.29M 27,921.89M 26,856.02M 22,620.76M
Operating cash flow 7,004.16M 6,142.94M -3,054.11M 2,106.45M 1,432.67M

Valuation Measures

Mar 2023
Operating margin5.47%
Profit margin3.16%

Key executives

  • President, Group CEO & Representative Director: Noriyuki Hara
  • Group CFO, Representative Director, EVP & Head-IR: Tetsuji Higuchi
  • Group Chief Information Officer: Takuya Tsuda
  • Head-Compliance, Audit & Accounting: Satoru Tamura
  • Director, Executive Officer & Head-Sales: Masahito Fukuda


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Contact Details

  • Website:
  • Address: Tokyo Sumitomo Twin Bldg, West Tower, 2-27-2 Shinkawa, Tokyo, 104-0033, Japan
  • Phone: +81.3.5117.0270

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Last Updated on 2 Jun, 2023

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