Nipponkoa Life Insurance (Unconsol.)

Value of Policies in Force

“Value of policies in force” and “Annualized premiums” represent the sum of Individual insurance and Individual annuities.

“Total amount of new policies” and “Annualized premiums” represent the sum of Individual insurance and Individual annuities.

Fiscal Year	FY2006	FY2007	FY2008	FY2009	FY2010
Ordinary income (millions of yen)	86,258	92,229	98,417	101,554	116,048
Premiums and other income (millions of yen)	79,796	83,424	86,948	91,507	105,646
Ordinary profit (loss) (millions of yen)	1,413	1,275	112	2,115	1,070
Core profit (millions of yen)	1,885	464	(1,302)	2,080	664
Net income (loss) (millions of yen)	31	0	(619)	551	(278)
Net assets (millions of yen)	27,681	26,990	23,221	25,528	25,433
Total assets (millions of yen)	313,004	355,015	429,022	468,988	528,146
Solvency margin ratio (%)	2,783.0	2,914.3	2,947.5	2,750.4	2,596.3
Traditional Embedded Value (TEV) (billions of yen)	77.6	83.5	85.9	96.1	101.4
Number of policies in force (thousands)	482	512	556	609	681
Total amount of policies in force (millions of yen)	3,648,103	3,847,200	4,014,107	4,201,638	4,548,237
Annualized premiums on policies in force (millions of yen)	62,230	65,018	67,271	69,725	74,954
Annualized premiums on policies in force of the third sector (millions of yen)	9,766	10,719	12,199	13,610	14,776
Number of new policies (thousands)	69	68	85	98	116
Total amount of new policies (millions of yen)	866,437	614,684	601,770	646,927	824,094
Annualized premiums on new policies (millions of yen)	8,931	8,760	8,816	9,268	11,504
Annualized premiums on new policies of the third sector (millions of yen)	1,366	1,772	2,452	2,509	2,338
Employee headcount	367	418	472	545	629