05.01.2015, 11:13
Dai-ichi LIC revised its FY Consolidated Earnings Forecast
OREANDA-NEWS. 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,
2015, which the Company announced on August 8, 2014.
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.
Additionally, the Company projects that its consolidated ordinary profit will surpass its previous forecast because it expects an increase in investment income of the Company due to favorable economic and financial conditions. The Company’s forecast for its consolidated net income for the fiscal year ending March 31, 2015 remains unchanged, as it is necessary to consider the potential impact of a decrease of the corporate tax rate currently under consideration on the Company’s financial results.
The Company’s dividend forecast for the fiscal year ending March 31, 2015 (25 yen per share) remains unchanged.
Additionally, the Company projects that its consolidated ordinary profit will surpass its previous forecast because it expects an increase in investment income of the Company due to favorable economic and financial conditions. The Company’s forecast for its consolidated net income for the fiscal year ending March 31, 2015 remains unchanged, as it is necessary to consider the potential impact of a decrease of the corporate tax rate currently under consideration on the Company’s financial results.
The Company’s dividend forecast for the fiscal year ending March 31, 2015 (25 yen per share) remains unchanged.
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