Dai ichi Life Insurance : Revision of Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2016

151dcaf9-ee3b-476e-b2c8-a62334224344.pdf

November 13, 2015

Koichiro Watanabe President and Representative Director

The Dai-ichi Life Insurance Company, Limited

Code: 8750 (TSE First section)

Revision of Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2016

The Dai-ichi Life Insurance Company, Limited (the "Company"; President: Koichiro Watanabe) hereby announces a revision of its consolidated earnings forecast for the fiscal year ending March 31, 2016, which the Company announced on May 15, 2015.

Revisi on of Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2016

(billions of yen except percentages)

Ordinary Revenues	Ordinary Profit	Net Income Attributable to Shareholders of Parent Company
Previous forecast (A)	6,773.0	369.0	161.0
Revised forecast (B)	7,096.0	369.0	161.0
Change (B-A)	323.0	0.0	0.0
Percentage change (%)	4.8	0.0	0.0
(Reference) FY ended March 31, 2015	7,252.2	406.8	142.4

1. Reasons for the revision

   The Company projects that its consolidated ordinary revenues will surpass its previous forecast because it expects an increase in premium and other income of Dai-ichi Frontier Life due mainly to favorable insurance sales.

   The Company's forecast for its consolidated ordinary profit and net income attributable to shareholders of parent company for the fiscal year ending March 31, 2016 remains unchanged, as it is necessary to observe the impact of market fluctuations on the Company's financial results.

   
   

2. Shareholder dividend forecast

The Company's dividend forecast for the fiscal year ending March 31, 2016 (35 yen per share) remains unchanged.

Revisi on of Non-consolidated Earnings Forecast for the Co mpany for the Fiscal Year Ending March 31,

2016

(billions of yen except percentages)

Ordinary Revenues	Ordinary Profit	Net Income
Previous forecast (A)	4,124.0	301.0	119.0
Revised forecast (B)	4,201.0	301.0	119.0
Change (B-A)	77.0	0.0	0.0
Percentage change (%)	1.9	0.0	0.0
(Reference) FY ended March 31, 2015	4,798.4	408.7	152.1

Note: The figures in this release are calculated based on the information available as of the date of this release. Actual results disclosed in the future might be different from the forecasted figures above for various reasons.

Investor Contact:

Investor Relations Center Corporate Planning Department

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This press release may contain statements that are "forward-looking statements" regarding our intent, belief or current expectations of management with respect to our future results of operations and financial condition. Any such forward-looking statements are not historical facts but instead represent only our belief regarding future events, many of which, by their nature, are inherently uncertain and outside our control. Important factors that could cause actual results to differ from those in specific forward-looking statements include, without limitation, economic and market conditions, consumer sentiment, political events, level and volatility of interest rates, currency exchange rates, security valuations and competitive conditions. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ.