Nipponkoa Insurance (Unconsol.)

Net Premiums Written

Net Loss Ratio

Net Operating Expenses Ratio

Ordinary Profit

Net Income

Key Financial Indicators

Download key financial indicators(XLS/33KB)

Fiscal Year	FY2009	FY2010	FY2011	FY2012	FY2013
Ordinary income (millions of yen)	859,978	819,445	895,408	897,046	868,809
% change	(5.6)	(4.7)	9.3	0.2	(3.1)
Net premiums written (millions of yen)	633,336	620,615	630,605	638,863	668,375
% change	(3.1)	(2.0)	1.6	1.3	4.6
Under writing profit (loss) (millions of yen)	2,293	(24,991)	(41,118)	8,786	(29,725)
% change	(57.9)	(1,189.6)	-	-	(438.3)
Ordinary profit (loss) (millions of yen)	29,384	(319)	(7,737)	64,580	49,685
% change	－	(101.1)	－	－	(23.1)
Net income (loss) (millions of yen)	13,123	(6,437)	(22,584)	33,332	22,173
% change	29.8	(149.1)	－	－	(33.5)
Net loss ratio (%)	69.4	69.6	84.7	74.8	67.8
Net operating expenses ratio (%)	35.8	35.8	35.0	34.8	34.0
Interest and dividend income (millions of yen)	44,999	42,722	41,211	39,183	40,640
% change	(12.0)	(5.1)	(3.5)	(4.9)	3.7
Return on investments (income base) (%)	2.06	2.08	2.12	2.15	2.34
Return on investments (realized base) (%)	2.47	2.40	2.59	4.15	5.54
Common stock (millions of yen)	91,249	91,249	91,249	91,249	91,249
Number of shares outstanding (thousands)	752,453	752,453	752,453	752,453	752,453
Net assets (millions of yen)	433,642	365,539	329,580	440,100	450,797
Total assets (millions of yen)	2,592,464	2,459,190	2,337,631	2,293,170	2,260,231
Assets in saving-type account (millions of yen)	813,343	744,194	692,183	629,121	569,831
Underwriting reserves (millions of yen)	1,791,418	1,693,786	1,542,150	1,431,855	1,372,754
Loans (millions of yen)	227,417	200,717	196,512	188,452	157,267
Securities (millions of yen)	1,822,848	1,697,112	1,604,942	1,629,386	1,646,747
Non-consolidated solvency margin ratio (%)	742.5	642.9	470.8	534.0	653.0
Equity ratio (%)	16.7	14.9	14.1	19.2	19.9
Net assets per share (yen)	575.55	485.79	438.00	584.88	599.10
Dividends per share (yen)	8.00	16.87	48.52	14.93	12.25
Interim dividend per share (yen)	－	－	－	－	－
Net income per share (yen)	17.44	(8.55)	(30.01)	44.29	29.46
Diluted net income per share (yen)	17.41	－	－	－	－
Return on equity (%)	3.4	(1.6)	(6.5)	8.7	5.0
Payout ratio (%)	45.9	－	－	33.7	41.6
Employee headcount	8,883	10,488	11,485	10,877	10,268

(notes)
1) Net loss ratio = (Net claims paid + Loss adjustment expenses) / Net premiums written
2) Net operating expenses ratio = (Net commissions and brokerage fees + Operating, general and administrative expenses related to underwriting) / Net premiums written
3) Return on investments (income base) = interest and dividend income (including amounts which correspond to interest and dividend income of investment gains and losses on money trusts)
/ average balances of investment assets based on the cost or the amortized cost
4) Investment return (realized base) = (Investment income + Interest and dividend income on deposits of premiums, etc. - Investment expenses) / average balances of investment assets based on the cost or the amortized cost
5) In the non-consolidated solvency margin ratios presented above, the figures for FY2010 and before and the figures for FY2011 and later are calculated on a different basis, reflecting the law revision concerning the standards for the calculation of solvency margin ratio that was enforced at the end of FY2011.
6) Diluted net income per share for FY2010 and FY2011 are not shown due to net loss per share and non-existence of dilutive shares. Diluted net income per share for FY2012 and FY2013 are not shown due to non-existence of dilutive shares.
7) Return on equity = Net income / Net assets (average balance at the end/start of each fiscal year)