msad
8/35 Achievement of Numerical Management Targets
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00:04:33.0
First, let’s look at the top line. At non-life insurance companies, net premiums written stood at 2,809.5 billion yen, exceeding the forecast, 2,800.0 billion yen. Annualized premiums of policies in force at life insurance companies came to 335.8 billion yen and achieved forecast, 333.0 billion yen. Group core profit, the bottom line, fell short of the plan partly due to the impact of February’s heavy snowfalls but rose 8.5% year on year, to 94.8 billion yen, which shows that the Group’s earnings power improved steadily. Group ROE stood at 4.5%, reflecting the expansion of the denominator due to the recovery of stock prices from the end of 2012, among other factors. Please look at page 6.
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