Key Management Indices (Mitsui Sumitomo Insurance Co., Ltd /Non-Consolidated)
Trends in Main Management Indices etc. (Consolidated)
(Unit: Yen in millions, all unlabeled items)
FY 2003 |
FY 2004 |
FY 2005 |
FY 2006 |
FY 2007 |
|
|---|---|---|---|---|---|
Ordinary Income |
2,066,500 |
2,021,917 |
2,106,874 |
2,117,072 |
2,137,603 |
Net Premiums Written |
1,379,119 |
1,407,328 |
1,464,107 |
1,492,808 |
1,541,032 |
Ordinary Profit |
174,943 |
87,577 |
127,710 |
91,684 |
60,866 |
Net Income |
77,787 |
65,725 |
71,660 |
60,796 |
40,027 |
Total Shareholders' Equity |
1,401,911 |
1,461,575 |
2,027,469 |
2,182,877 |
1,671,517 |
Total Assets |
7,126,961 |
7,402,311 |
8,592,873 |
9,011,652 |
8,397,718 |
Total Shareholders' equity per share |
963.51 yen |
1,021.13 yen |
1,427.17 yen |
1,536.71 yen |
1,178.48 yen |
Net income per share - basic |
53.94 yen |
45.51 yen |
50.27 yen |
42.82 yen |
28.37 yen |
Net income per share - diluted |
52.78 |
 |
|
|
|
Equity ratio |
19.7% |
19.7% |
23.6% |
24.1% |
19.7% |
Return on equity |
6.4% |
4.6% |
4.1% |
2.9% |
2.1% |
Price-earnings ratio |
20.5 times |
21.6 times |
31.8 times |
34.5 times |
35.5 times |
Cash flows from operating activities |
181,584 |
160,695 |
313,007 |
227,417 |
189,688 |
Cash flows from investing activities |
-155,321 |
-222,940 |
-264,352 |
-220,522 |
-185,621 |
Cash flows from financing activities |
-37,727 |
63,622 |
-33,580 |
-37,358 |
-329 |
Cash and cash equivalents at end of year |
363,011 |
365,815 |
386,179 |
365,350 |
364,081 |
Number of employees |
15,980 |
16,432 |
18,154 |
18,882 |
|
Note 1. Since FY 2002, the Company has adopted Accounting Standard for Earnings Per Share (Accounting Standards Board Statement No.2) and Implementation Guidance for Accounting Standard for Earnings Per Share (Financial Standards Implementation Guidance No.4) for the calculation of net asset value per share, net income per share, and net income per share diluted.
Note 2. Net income per share diluted is not shown here since there has been no residual securities from FY 2004.
Note 3. Information prior to Apr.1, 2008 are that of Mitsui Sumitomo Insurance Co., Ltd.
Main Management Indices (Mitsui Sumitomo Insurance Co., Ltd. /Non-Consolidated)
(Unit: yen , all unlabeled items)
FY 2003 |
FY 2004 |
FY 2005 |
FY 2006 |
FY 2007 |
|
|---|---|---|---|---|---|
Net premiums written (Change(%)) |
1,293,063 (3.4%) |
1,310,237 (1.3%) |
1,338,444 (2.2%) |
1,324,432 (-1.0%) |
1,306,848 (-1.3%) |
Underwriting profit (Change(%)) |
45,342 (22.6%) |
-13,923 (-130.7%) |
5,343 ( ) |
-34,723 (-749.8%) |
-19,641 ( ) |
Ordinary income (Change(%)) |
1,832,309 (-2.3%) |
1,821,960 (-0.6%) |
1,785,948 (-2.0%) |
1,748,280 (-2.1%) |
1,716,114 (-1.8%) |
Ordinary profit (Change(%)) |
166,584 (249.4%) |
79,386 (-52.3%) |
115,489 (45.5%) |
80,158 (-30.6%) |
55,018 (-31.4%) |
Net income (Change(%)) |
72,955 (125.4%) |
60,765 (-16.7%) |
64,842 (6.7%) |
55,352 (-14.6%) |
38,365 (-30.7%) |
Net loss ratio |
54.8% |
64.0% |
59.7% |
63.1% |
65.10% |
Net operating expense ratio |
32.2% |
31.3% |
30.8% |
30.8% |
31.80% |
Interest and dividends income (Change(%)) |
114,322 (-2.1%) |
110,477 (-3.4%) |
136,903 (23.9%) |
151,243 (10.5%) |
154,500 (2.2%) |
Yield (Interest and dividend income) |
2.33% |
2.23% |
2.70% |
2.92% |
2.97% |
Yield (Including realized gains and losses) |
4.01% |
3.24% |
3.38% |
3.50% |
2.75% |
Common stock (Number of shares issued) |
139,595 (1,513million) |
139,595 (1,513million) |
139,595 (1,513million) |
139,595 (1,513million) |
139,595 (1,404million) |
Total shareholders' equity |
1,400,074 |
1,452,642 |
2,006,423 |
2,127,884 |
1,609,065 |
Total assets |
6,457,173 |
6,580,694 |
7,537,443 |
7,744,782 |
6,968,568 |
Total assets for savings premiums accounts |
2,419,095 |
2,281,011 |
2,188,108 |
2,111,525 |
2,069,679 |
Underwriting reserves |
4,079,681 |
4,025,330 |
4,062,432 |
4,062,421 |
4,066,058 |
Total loans |
745,334 |
771,163 |
756,061 |
746,188 |
777,105 |
Total investments in securities |
4,721,452 |
4,841,780 |
5,853,348 |
6,098,553 |
5,275,291 |
Equity ratio |
21.7% |
22.1% |
26.6% |
27.5% |
23.1% |
Return on equity |
6.0% |
4.3% |
3.7% |
2.7% |
2.10% |
Solvency margin ratio |
1,064.3% |
1026.0% |
1,115.4% |
1,150.0% |
955.40% |
Total shareholders' equity per share |
962.25 yen |
1,014.89 yen |
1,412.35 yen |
1,507.85 yen |
1145.72 yen |
Cash dividends per share (Interim dividend per share) |
8.5 yen ( ) |
9.5 yen ( ) |
13.0 yen (4.0 yen) |
14.0 yen (6.0 yen) |
16.0 yen (7.0 yen) |
Net income per share - basic |
50.59 yen |
42.08 yen |
45.49 yen |
38.98 yen |
27.19 yen |
Net income per share - diluted |
49.50 yen |
|
|
|
|
Price-earnings ratio |
21.9 times |
23.4 times |
35.2 times |
37.9 times |
37.0 times |
Dividend payout ratio |
16.8% |
22.6% |
28.6% |
35.9% |
58.80% |
Number of employees |
13,930 |
13,534 |
13,458 |
13,414 |
14,421 |
Note 1. “Net premiums written”, “Net loss ratio”, and “Net operating expense ratio” exclude Good Result Return premiums (“GRR premiums”) of the Company's unique automobile insurance product “ModoRich”, which contains a special clause of premium adjustment and refund at maturity. Figures including the GRR premiums are as follows.
Note 2. “Accounting Standard for Earnings per Share” (Financial Accounting Standard No.2) and “Implementation Guidance for Accounting Standard for Earnings per Share” (Financial Accounting Standard Implementation Guidance No.4) have been applied to calculate “Total shareholders' equity per share”, “Net income per share - basic”, and “Net income per share - diluted”, from the fiscal year 2002.
Note 3. The amount of “Treasury stock” is deducted from shareholders equity, due to an amendment to the Enforcement Regulations of the Insurance Business Law. Accordingly, numbers of treasury stock are deducted from total numbers of shares issued to calculate “Total Shareholders' equity per share”, “Net income per share - basic”, and “Net income per share - diluted”.
Note 4. “Net income per share - diluted” does not apply since there is no Dilutive Securities for the fiscal year 2004 and 2005.
Figures include allocations for refunds due on “Modo-rich” auto insurance (which grants refunds upon policy expiry).
(Unit: yen , all unlabeled items)
FY 2003 |
FY 2004 |
FY 2005 |
FY 2006 |
FY 2007 |
|
|---|---|---|---|---|---|
Net Premiums Written (Change(%)) |
1,289,655 (4.4%) |
1,314,332 (1.9%) |
1,332,837 (1.4%) |
1,325,011 (-0.6%) |
1,311,345 (-1.0%) |
Loss Ratio |
55.0% |
63.8% |
59.9% |
63.1% |
64.9% |
Expense Ratio |
32.2% |
31.2% |
30.9% |
30.8% |
31.6% |
