Sony Financial Holdings Inc. reported preliminary earnings results for the quarter ended June 30, 2018. During the three months ended June 30, 2018, consolidated ordinary revenues increased 15.3% compared with the same period of the previous fiscal year, to ¥420.6 billion, owing to increases in ordinary revenues from all the businesses: life insurance, non-life insurance and banking businesses. Consolidated ordinary profit increased 51.7% year on year, to ¥28.8 billion, owing to increases in ordinary profit from all the businesses mentioned above. Profit attributable to owners of the parent was up 59.8% year on year, to ¥20.0 billion, owing to the increase in ordinary profit. Net income per share was JPY 46.15 compared to JPY 28.89 a year ago. Ordinary profit increased 47.2% to JPY 23.2 billion due to a recording of gains of sales of securities in the general account and to an increase in profit on higher prices in force. Consolidated adjusted ROE was 1.7% against 1.3% a year ago. Adjusted profit was JPY 30.3 billion against JPY 19.9 billion a year ago. Income before income taxes was JPY 28,252 million against JPY 18,320 million a year ago.

For the year ending March 31, 2019, the company expects ordinary revenue to be JPY 1,578 billion, ordinary profit to be JPY 83 billion, profit attributable to owners of parent to be JPY 55 billion, and net income per share to be JPY 126.44.

For the year ending March 31, 2019, the company expects to pay dividend of JPY 62.5 per share.