AXA Life Insurance Co.,Ltd.【JP:E03845】

Market cap

P/E ratio

	Mar 31, 2012	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018
Cash and deposits	-	1,714	1,256	77,677	128,581	110,289	115,205
Receivables under securities borrowing transactions	-	49,337	51,805	41,849	55,967	56,707	19,931
Securities	-	5,906,201	470,199	6,002,893	6,190,467	6,326,542	6,457,921
Loans receivable	-	147,498	148,789	147,861	161,708	159,999	156,317
Property, plant and equipment	-	5,406	5,414	4,927	4,976	4,634	4,687
Intangible assets	-	160,148	145,423	112,408	99,517	86,950	73,696
Goodwill	-	150,193	134,454	103,876	89,612	75,348	61,083
Other	-	9,955	10,969	202	202	202	202
Agency accounts receivable	-	200	194	82	10	9	12
Reinsurance accounts receivable	-	33,120	54,419	72,673	91,359	109,866	128,084
Other assets	-	85,109	11,781	115,513	174,903	219,616	215,795
Allowance for doubtful accounts	-	-1,862	-1,846	-719	-755	-750	-350
Assets	-	480,358	469,767	6,614,484	6,894,714	7,057,442	7,171,300
Reserve for insurance policy liabilities	-	4,950,263	4,989,488	5,041,473	5,060,918	5,202,465	5,303,857
Outstanding claims	-	62,394	61,593	47,975	45,875	47,006	49,979
Policy reserve	-	4,871,671	4,912,587	4,978,916	5,001,460	5,142,380	5,242,391
Reserve for dividends to policyholders	-	16,197	15,307	14,580	13,581	13,078	11,487
Agency accounts payable	-	1,006	1,136	1,003	1,866	1,636	1,652
Reinsurance accounts payable	-	25,809	41,605	58,806	75,729	92,175	108,510
Payable under securities lending transactions	-	878,608	838,821	811,729	886,399	981,381	967,003
Other liabilities	-	145,495	28,295	1,022,808	1,166,131	1,251,399	1,224,782
Net defined benefit liability	-	-	48,319	49,942	52,223	52,298	48,978
Provision for directors' retirement benefits	-	1,077	964	881	875	824	790
Reserves under special laws	-	28,341	31,088	33,721	36,287	38,791	41,264
Reserve for price fluctuation	-	28,341	31,088	33,721	36,287	38,791	41,264
Deferred tax liabilities	-	5,132	133	27,062	63,569	43,261	44,350
Liabilities	-	20,445	28,428	6,228,046	6,449,419	6,676,642	6,773,009
Capital stock	-	208,757	208,757	85,000	85,000	85,000	85,000
Capital surplus	-	211,095	211,095	271,820	59,876	30,940	30,940
Retained earnings	-	40,277	21,670	-159,923	12,650	28,488	40,184
Treasury shares	-	-424	-424	-742	-5,072	-5,072	-5,072
Shareholders' equity	-	459,705	441,098	196,155	152,453	139,356	151,051
Valuation difference on available-for-sale securities	-	152,495	146,330	155,670	209,553	173,485	179,987
Deferred gains or losses on hedges	-	207	240	34,611	83,287	67,958	67,251
Remeasurements of defined benefit plans	-	-	-4,737	-4,153	-4,412	-2,760	417
Valuation and translation adjustments	-	207	240	190,281	292,841	241,443	247,238
Net assets	464,226	459,913	441,339	386,437	445,294	380,799	398,290
Liabilities and net assets	-	480,358	469,767	6,614,484	6,894,714	7,057,442	7,171,300