TAIJU LIFE INSURANCE COMPANY LIMITED【JP:E03852】

Market cap

P/E ratio

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015
Operating income	955,761	882,876	796,210
Insurance premiums and other	578,201	544,902	545,150
Investment income	278,763	266,083	228,053
Interest, dividends and other income	124,385	123,744	121,727
Gain from money held in trust	-	-	-
Gain on sales of securities	26,162	30,980	44,688
Foreign exchange gains	62,878	58,011	-
Reversal of allowance for doubtful accounts	-	412	109
Other investment income	1,413	1,232	957
Gain on separate accounts	63,923	51,702	60,571
Other operating income	98,796	71,890	23,006
Payments for deferred insurance	409	289	309
Proceeds from deferred insurance	16,789	20,192	15,997
Reversal of reserve for outstanding claims	925	-	326
Reversal of policy reserve	77,230	47,175	-
Other	3,440	3,534	3,954
Operating expenses	929,146	844,531	745,521
Insurance claims and other	669,764	598,375	556,747
Insurance claims	228,906	226,609	197,945
Annuity payments	78,760	87,446	87,497
Benefits	117,896	130,530	120,806
Surrender benefits	136,871	143,620	141,420
Other refunds and other	107,330	10,168	9,077
Provision of policy reserve and other	74	926	3,985
Provision of outstanding claims	-	856	-
Provision of policy reserve	-	-	3,932
Provision of interest portion of reserve for dividends to policyholders	74	70	52
Investment expenses	122,949	118,528	58,559
Interest expenses	6,372	6,267	6,240
Loss on sales of securities	8,101	3,408	519
Loss on valuation of securities	4,739	444	419
Net derivative financial instruments loss	97,584	102,415	45,010
Foreign exchange losses	-	-	459
Depreciation of real estate for rent and other	3,013	2,882	2,868
Other investment expenses	2,966	3,110	3,042
Project expenses	102,266	97,149	95,860
Other operating expenses	34,091	29,550	30,367
Deferred annuity payments	20,837	16,766	16,646
Taxes	5,410	5,154	6,379
Depreciation	5,472	5,109	4,741
Other	2,338	2,520	2,600
Ordinary income (loss)	26,615	38,345	50,688
Extraordinary income	1,889	7	128
Gain on disposal of non-current assets	1,889	7	128
Extraordinary losses	2,565	3,274	20,234
Loss on disposal of non-current assets	565	431	251
Impairment loss	98	967	12,829
Provision of reserve for price fluctuation	1,900	1,876	2,068
Other	-	-	5,085
Provision of reserve for dividends to policyholders	14,983	16,063	17,069
Income (loss) before income taxes	10,955	19,014	13,512
Income taxes - current	1,122	921	2,156
Income taxes - deferred	994	5,176	1,368
Income taxes	2,112	6,097	3,514
Income (loss) before minority interests	7,693	12,983	10,085
Net income (loss)	8,842	12,917	9,997