The Dai-Ichi Life Insurance Company, Limited announced consolidated and parent earnings results for the six months ended September 30, 2016. For the six months, on consolidated basis, the company reported ordinary revenues of JPY 3,190.1 billion against JPY 3,683.3 billion a year ago. Ordinary profit was JPY 220.3 billion against JPY 241.2 billion a year ago. Net income attributable to shareholders of the parent company was JPY 106 billion against JPY 135.1 billion a year ago. Income before income taxes was JPY 153.9 billion against JPY 183.9 billion a year ago.

For the six months, on parent basis, the company reported ordinary revenues of JPY 2,027.7 billion against JPY 2,104 billion a year ago. Ordinary profit was JPY 182.6 billion against JPY 184 billion a year ago. Net income was JPY 84.8 billion against JPY 90.9 billion a year ago.

The company revised earnings guidance for the fiscal year ending March 31, 2017. For the year, the company now expects ordinary revenues of JPY 6,277 billion, ordinary profit of JPY 406 billion and net income of JPY 197 billion or JPY 167.64 per share compared to previous guidance of ordinary revenues of JPY 6,460 billion, ordinary profit of JPY 406 billion and net income of JPY 197 billion.