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Dai-ichi Life Holdings (Dai-ichi Life Holdings) Gross-Profit-to-Asset % : 13.20% (As of Dec. 2023)


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What is Dai-ichi Life Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Dai-ichi Life Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was $59,356 Mil. Dai-ichi Life Holdings's average Total Assets over the quarter that ended in Dec. 2023 was $449,610 Mil. Therefore, Dai-ichi Life Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.20%.


Dai-ichi Life Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Dai-ichi Life Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dai-ichi Life Holdings Gross-Profit-to-Asset % Chart

Dai-ichi Life Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 12.19 11.62 12.40 15.36

Dai-ichi Life Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.08 17.78 14.92 13.20 17.79

Competitive Comparison of Dai-ichi Life Holdings's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Dai-ichi Life Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dai-ichi Life Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dai-ichi Life Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Dai-ichi Life Holdings's Gross-Profit-to-Asset % falls into.



Dai-ichi Life Holdings Gross-Profit-to-Asset % Calculation

Dai-ichi Life Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=70001.335/( (460697.972+450813.911)/ 2 )
=70001.335/455755.9415
=15.36 %

Dai-ichi Life Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=59356.488/( (442337.989+456882.745)/ 2 )
=59356.488/449610.367
=13.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Dai-ichi Life Holdings Gross-Profit-to-Asset % Related Terms

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Dai-ichi Life Holdings (Dai-ichi Life Holdings) Business Description

Traded in Other Exchanges
Address
13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.

Dai-ichi Life Holdings (Dai-ichi Life Holdings) Headlines