Mitsui Sumitomo Insurance Company, Limited【JP:E03824】

Market cap

P/E ratio

Summary Financials Dividends History Workforce

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023
Ordinary income	1,792,884	1,731,374	1,787,587	1,822,757	1,772,858	1,859,915	1,908,617	1,784,456	1,802,134	1,888,581	1,956,362
Underwriting income	1,661,287	1,586,564	1,606,863	1,629,696	1,609,647	1,654,780	1,696,441	1,644,049	1,664,693	1,682,089	1,724,480
Net premiums written	1,313,831	1,386,533	1,444,176	1,507,157	1,470,122	1,494,362	1,509,617	1,547,930	1,559,567	1,579,325	1,629,832
Premiums of saving-type insurance	119,925	113,037	104,342	84,712	70,040	60,092	55,858	52,386	52,851	38,231	31,397
Investment income from saving type insurance	44,061	41,343	39,981	37,567	35,508	33,443	32,235	30,105	28,033	26,543	25,531
Life insurance premiums	1,582	3,912	6,893	9,679	11,922	13,320	12,285	16,943	11,517	25,118	9,148
Other underwriting income	60	107	682	259	44	104	73	42	236	777	530
Investment income	127,798	141,633	174,526	187,416	159,029	199,914	206,852	135,749	132,644	201,655	226,104
Interest and dividend income	101,814	112,260	110,618	116,990	116,792	105,107	113,912	101,912	98,834	127,237	134,995
Gain on money held in trust	290	295	1,268	739	517	239	-	-	1,839	203	20
Net gain on trading securities	-	-	-	-	50,255	29,424	17,237	55,652	35,606	31,331	-
Gain on sale of securities	56,176	55,999	90,115	102,149	71,738	122,213	121,459	58,254	51,115	91,349	110,702
Gain on redemption of securities	1,184	1,778	1,658	541	304	592	256	862	404	206	1,866
Net gain on financial derivatives	6,894	9,829	1,078	3,466	4,405	-	-	-	-	2,903	58,007
Other investment income	872	1,352	603	1,095	780	640	491	1,405	144	128	115
Income credited to saving type insurance	-44,061	-41,343	-39,981	-37,567	-35,508	-33,443	-32,235	-30,105	-28,033	-26,543	-25,531
Other operating income	3,798	3,176	6,197	5,645	4,181	5,220	5,322	4,657	4,797	4,836	5,776
Share of profit of entities accounted for using equity method	-	-	1,302	2,245	2,112	3,017	2,451	2,267	-	4,785	5,502
Other	-	-	8,333	7,341	10,217	9,689	10,588	11,147	13,138	12,251	12,043
Ordinary expenses	1,727,518	1,629,375	1,616,259	1,654,861	1,557,316	1,597,363	1,682,140	1,695,343	1,670,530	1,704,347	1,815,137
Underwriting expenses	1,474,436	1,388,165	1,386,306	1,405,264	1,319,905	1,357,678	1,436,790	1,419,697	1,420,935	1,419,566	1,519,927
Net claims paid	887,436	823,665	810,853	800,899	811,476	836,385	910,965	888,652	835,374	831,256	944,572
Loss adjustment expenses	76,390	77,425	88,020	87,427	87,834	87,345	89,662	90,679	96,995	100,710	103,503
Commissions and collection fees	228,670	239,034	253,813	263,136	251,720	259,174	265,429	278,348	291,995	300,572	308,339
Maturity refunds to policyholders	280,598	238,511	210,769	211,446	167,151	173,672	167,736	157,089	160,980	128,375	112,220
Dividends to policyholders	839	594	796	967	466	244	118	84	61	50	47
Life insurance claims paid	5	6	11	24	92	71	109	1,958	3,381	4,579	4,880
Provision of outstanding claims	-	-	-	8,815	42,285	121,324	2,442	32,718	33,744	57,624	50,595
Provision of policy reserve and other	-	-	29,205	56,925	-	-	-	30,088	-	12,491	44,758
Other underwriting expenses	500	493	484	619	519	385	436	520	1,784	976	648
Investment expenses	38,250	8,415	8,059	26,738	11,968	9,391	12,622	33,085	6,463	40,404	52,098
Net loss on trading securities	-	-	-	-	-	-	-	-	-	-	19,512
Loss on sale of securities	2,988	1,188	57	3,004	4,469	3,360	5,375	4,387	1,355	599	19,341
Loss on valuation of securities	28,382	3,391	3,378	7,292	497	1,031	4,052	20,878	904	30,708	26,137
Loss on redemption of securities	879	714	250	425	447	237	44	162	450	157	38
Net loss on financial derivatives	-	-	3,988	-	24,560	9,131	3,234	13,352	44,211	27,160	2,294
Other investment expenses	5,951	3,120	4,373	5,652	4,920	2,892	2,978	2,776	3,753	8,940	4,287
Sales and administrative expenses	206,538	214,537	215,765	215,144	217,601	222,577	223,294	229,308	232,278	234,209	236,770
Other operating expenses	8,293	18,258	6,128	7,713	7,840	7,714	9,434	13,251	10,852	10,166	6,340
Interest expenses	7,128	7,003	5,888	6,173	6,325	6,721	7,734	9,353	9,900	9,740	4,881
Provision of allowance for doubtful accounts	263	11,018	-	-	1,160	-	172	3,427	132	3	1,198
Loss from bad debts	1	2	1	4	9	1	1	27	3	-	150
Other	899	234	237	1,535	345	991	1,526	442	816	422	110
Ordinary profit (loss)	65,366	101,998	171,328	167,896	215,542	262,552	226,476	89,113	131,604	184,234	141,224
Extraordinary income	1,891	4,162	10,323	1,782	1,379	7,207	2,982	61,429	6,572	13,777	13,745
Gain on disposal of non-current assets	1,891	4,162	8,523	1,782	1,379	7,207	2,982	4,432	6,572	13,777	13,745
Extraordinary losses	4,204	21,615	44,051	13,567	8,479	5,636	6,095	189,539	5,931	11,682	13,548
Loss on disposal of non-current assets	1,337	2,611	1,862	520	700	763	1,265	1,307	1,569	1,958	2,186
Impairment losses	355	240	1,400	8,294	489	860	639	499	230	807	466
Provision of reserves under special laws	2,511	14,580	40,788	3,613	3,667	4,011	4,190	-	4,131	4,193	4,258
Provision of reserve for price fluctuation	2,511	14,580	40,788	3,613	3,667	4,011	4,190	-	4,131	4,193	4,258
Other	-	4,182	-	1,139	3,621	-	2,116	1,407	3,432	4,721	6,637
Profit (loss) before income taxes	63,053	84,545	137,599	156,111	208,442	264,123	223,363	-38,997	132,245	186,329	141,421
Income taxes - current	5,290	8,520	16,408	43,642	69,048	82,707	62,432	8,981	13,808	12,383	21,036
Income taxes - deferred	18,681	23,985	38,782	4,835	-13,098	-7,566	-5,882	-133,562	37,690	40,306	24,863
Income taxes	20,395	26,497	48,485	42,140	43,874	65,885	52,260	-133,076	40,029	40,585	33,522
Profit (loss)	-	-	89,114	113,970	164,568	198,237	171,102	94,079	92,215	145,744	107,899
Profit (loss) attributable to non-controlling interests	-	-	2,722	2,547	2,542	2,425	2,156	2,667	3,353	3,407	3,733
Profit (loss) attributable to owners of parent	-	-	105,233	135,715	155,455	74,943	127,772	135,433	53,753	124,686	95,059