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- 00:00:00.0 Hello, everybody. I am Toshiaki Egashira, President & CEO of MS&AD Insurance Group Holdings.
Thank you for coming to our Information Meeting today.
Since I saw you at the Information Meeting in June, I feel the Japanese economy has recovered steadily on the strength of "Abenomics", although I cannot say that deflation has been banished completely. The stock market has had its twists and turns but has been on an upward trend.
Although there are some uncertainties overseas, the U.S. market remains strong, and I expect that Asian economies will recover.
In this environment, we have been performing well. I do not think that earnings in our Domestic Non-life Insurance Business have recovered sufficiently, but thanks to Company-wide efforts, the business is generating a profit. The Domestic Life Insurance Business and Overseas Business grew steadily and contributed to Group earnings.
Today, I would like to provide an outline of the business performance in the first half and full-year earnings forecasts that were announced on November 19, and the progress of the medium-term management plan, of which this fiscal year is the final year. In addition, I will be explaining the direction of the next medium-term management plan as far as possible.
Please look at the handout.