The Dai-Ichi Life Insurance Company, Limited Announces Consolidated and Parent Earnings Results for the Six Months Ended September 30, 2016; Revises Earnings Guidance for the Fiscal Year Ending March 31, 2017
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.