EL7.AI
StocksMedium•13 November 2026•
3 min read

Daiichi Life’s Ordinary Profit Rises 36.9% to 458,794 Million Yen in First Half

Key Facts

1Ordinary profit rose 36.9% to 458,794 million yen in the six months ended September 30, 2026.
2Net income attributable to owners of the parent increased 39.7% to 283,815 million yen over the same period.
3The group expects ordinary profit of 869,000 million yen, up 15.3%, for the fiscal year ending March 31, 2027, and left the forecast unchanged when it announced the results.
4The group kept its annual dividend forecast at 72 yen per share for the fiscal year ending March 31, 2027.

Daiichi Life Group said on November 13 that ordinary profit rose 36.9% to 458,794 million yen in the six months ended September 30, 2026. Ordinary revenues increased 13.5% to 5,804,359 million yen, while net income attributable to owners of the parent rose 39.7% to 283,815 million yen. The results followed a comparable period a year earlier in which all three measures declined. In the six months ended September 30, 2025, ordinary revenues fell 1.5% to 5,114,056 million yen. Ordinary profit then declined 9.9% to 335,229 million yen, and net income fell 12.9% to 203,089 million yen.

The group’s core profit was 376,880 million yen in the first half, up 40.1% year on year. Core profit at domestic insurance companies was 246,782 million yen, up 32.9%. Overseas insurance companies recorded 117,463 million yen, an increase of 34.8%. The figures show growth across the two insurance business segments the group reports separately. The investment spread at the group’s domestic life insurance companies also increased by 226.9 billion yen over the same period.

Consolidated total assets stood at 77,014.0 billion yen on September 30, 2026. Assets rose 3.8% from their level on March 31, 2026, and 9.5% from their level on September 30, 2025. For the fiscal year ending March 31, 2027, the forecast includes ordinary revenues of 10,666,000 million yen, down 5.7%. By contrast, the group expects ordinary profit of 869,000 million yen, up 15.3%. It also targets net income attributable to owners of the parent of 513,000 million yen, up 17.5%, and said it had not revised these forecasts when it announced the results.

The fiscal-year estimate combines an expected decline in ordinary revenues with increases in ordinary profit and net income. The group attributed the projected revenue decline mainly to lower investment income at Protective Life. It linked its forecast for higher ordinary profit and net income mainly to growth in its overseas life insurance business. The company said its estimates assume that interest rates, forward exchange rates and stock prices will not change materially from their levels on March 31, 2026. It added that actual results may differ significantly from the forecasts.

Daiichi Life kept its annual dividend forecast at 72 yen per share for the fiscal year ending March 31, 2027, including 36 yen at fiscal year-end. The company did not announce a change to its dividend forecast alongside the first-half results. For investor communications, the group scheduled a conference call on second-quarter fiscal 2026 results for institutional investors and analysts on November 13, 2026. It also scheduled a financial analysts’ meeting for November 27, 2026. These dates follow the announcement of results for the six months ended September.