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Finance

T&D Holdings, Inc.

Business Summary

T&D Holdings, Inc. provides life insurance products and services. It operates through the following segments: Taiyo Life Insurance, Daido Life Insurance, T&D Financial Life Insurance, and Others. The Taiyo Life Insurance segment offers comprehensive coverage including death protection, medical, and nursing care products. The Daido Life Insurance segment provides individual term life insurance and group insurance products to small and medium enterprises. The T&D Financial Life Insurance segment deals with over-the-counter sales of individual annuities and whole life insurance to financial institutions. The Others segment offers leasing and credit guarantee services; life insurance policy clerical services, including drafting, amendment, custody and distribution of documents, and delivery of securities; computer software and system services; and designing and developing information technology systems, software solutions, and business solutions for the insurance industry. The company was founded on April 1, 2004 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue2,159.53B20,361.89M
Gross Profit----
Operating income96,377M908.72M
Income before tax191,111M1,801.95M
Net income162,317M1,530.46M
EBITDA----
Diluted EPS271.252.55
Dividends Per Share460.43
Total Assets17,877.27B161,785.32M
Total liabilities16,324.11B147,729.53M
Total equity1,545.70B13,988.30M
Operating cash flow500,485M4,719.00M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,798.33B 1,792.12B 1,987.57B 2,015.04B 2,159.53B
Gross Profit -- -- -- -- --
Operating income 134,486M 122,963M 120,532M 117,629M 96,377M
Income before tax 96,786M 109,657M 101,915M 97,483M 191,111M
Net income 75,188M 77,577M 72,826M 67,103M 162,317M
EBITDA -- -- -- -- --
Diluted EPS 115.59 121.81 116.15 109.07 271.25
Dividends Per Share 32.50 37.50 42 44 46
Total Assets 14,891.16B 15,262.39B 15,794.71B 16,520.13B 17,877.27B
Total liabilities 13,794.39B 14,109.35B 14,635.12B 15,396.98B 16,324.11B
Total equity 1,094.03B 1,148.64B 1,154.19B 1,116.81B 1,545.70B
Operating cash flow 343,760M 370,127M 576,958M 591,097M 500,485M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 16,607.01M 16,169.71M 17,923.06M 18,533.30M 20,361.89M
Gross Profit -- -- -- -- --
Operating income 1,241.93M 1,109.44M 1,086.90M 1,081.88M 908.72M
Income before tax 893.78M 989.39M 919.02M 896.59M 1,801.95M
Net income 694.33M 699.94M 656.71M 617.17M 1,530.46M
EBITDA -- -- -- -- --
Diluted EPS 1.06 1.09 1.04 1.00 2.55
Dividends Per Share 0.30 0.33 0.37 0.40 0.43
Total Assets 133,636.96M 143,511.00M 142,699.66M 153,027.99M 161,785.32M
Total liabilities 123,794.26M 132,669.06M 132,223.17M 142,624.05M 147,729.53M
Total equity 9,818.13M 10,800.57M 10,427.76M 10,345.20M 13,988.30M
Operating cash flow 3,174.51M 3,339.51M 5,202.75M 5,436.58M 4,719.00M

Valuation Measures

Mar 2021
PER5.25
ROA0.94%
ROE12.19%
Operating margin4.46%
Profit margin7.51%

Key executives

  • President & Representative Director: Hirohisa Uehara
  • Manager-Business Administration: Shuichi Nakamura
  • Director & Senior Managing Executive Officer: Mitsuhiro Nagata
  • Head-General Affairs & Internal Audit: Yasuro Tamura

Shareholders

  • T&D Holdings, Inc. (8.2%)
  • Nomura Asset Management Co., Ltd. (5.9%)
  • Asset Management One Co., Ltd. (4.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
  • BlackRock Fund Advisors (2.9%)
  • The Vanguard Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • Nikko Asset Management Co., Ltd. (1.7%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • BlackRock Japan Co., Ltd. (1.4%)

Contact Details

Related Companies

  • Thuriya Ace Technology Co., Ltd.
  • Zenkoku Business Center Co., Ltd.
  • Taiyo Credit Guarantee Co., Ltd.
  • T&D United Capital North America, Inc.
  • T&D United Capital Co., Ltd.
  • Taiyo Life Aging Society Institute
  • Toyo Insurance Agency Co., Ltd.
  • T&D Holdings Ltd. (DSG)
  • Pet & Family General Insurance Co., Ltd.
  • Fortitude Reinsurance Co. Ltd. (United States)
  • T&D Holdings Board Incentive Plan
  • T&D Asset Management Cayman, Inc.
  • AIC Private Equity Fund General Partner Ltd.
  • Daido International, Inc.
  • Nihon System Shuno, Inc.
  • T&D Customer Service KK
  • T&D Lease Ltd.
  • T&D Information System Ltd.
  • Daido Management Service KK
  • T&D Financial Life Insurance Co.
  • T&D Asset Management Co., Ltd.
  • Taiyo Life Insurance Co., Ltd.
  • Daido Life Insurance Co.

Competitors

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