T&D : 【T&D Holdings, Inc.】T&D Life Group Medium-Term Management Plan(1.1MB)

Microsoft Word - T&D Life Group Medium-term Management Plan_2

May 23, 2016‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌

T&D Holdings, Inc. Tetsuhiro Kida, President (Security Code: 8795)

T&D Life Group Medium-Term Management Plan (FY2016-FY2018)

T&D Holdings, Inc. (the "Company", President: Tetsuhiro Kida) of the T&D Life Group hereby announces that the Company formulated "T&D Life Group Medium-Term Management Plan" for fiscal years 2016-2018.

For more details, please refer to the attached material.

T&D Life Group Medium-Term Management Plan

(FY2016-FY2018)

Try & Discover for the Next Stage

- A Three-Year Period for Expanding Our Growth Areas -

Positioning the domestic life insurance business as the core, the T&D Life Group will strengthen its initiatives in the senior market and the independent insurance agent channel with the goal of further expanding growth areas in addition to the established platform.

Pursue alliance and M&A opportunities to strengthen competitiveness, expand market share, and improve profitability in the domestic life insurance market.

Strategically utilize the ERM to promote effective use of stockholders' equity and realize high profitability while ensuring financial soundness.

1. Points

   The current medium-term management plan is positioned as the first stage in a vision for the next 10 years. In accordance with the following overall policies, the T&D Life Group will steadily and sustainably increase its corporate value (EV) by maximizing the uniqueness and the specialization of our three core life insurance companies in their respective specialty markets.

2. Contents

3. Review of the Previous Medium-Term Management Plan (FY2014-FY2015)

4. Business Environment for the Next 10 Years

5. Basic Direction of the Current Medium-Term Management Plan

6. Strategies for the Domestic Life Insurance Business

7. Strategies for Other Businesses

8. Group Capital Management Policy

9. Group Management Platform Strategy

10. Key Performance Indicators

12. Key Performance Indicators

    Corporate Value (EV)	EV as of March 31, 2019: 2.4 trillion yen (increase of ¥500 bn and above from March 31, 2016) Value of new business in FY2018: 100 billion yen (increase of ¥40 bn and above from FY2015) [Achieve steady and sustainable growth in excess of the EV growth rate (ROEV) of 7.5%]
    Profit (financial accounting)	Adjusted net income(*) from FY2016 to FY2018: around 85 billion yen

    (*) Adjusted net income = Net income + Additional internal reserves in excess of legal standard requirements related to reserves for contingency and price fluctuations (after taxes)

13. Shareholder Return Policy

14. Shareholder

    Return

    Return 40% and above of adjusted net income

    to shareholders through cash dividends + share buybacks

    (Cash dividends: newly implement an interim dividend)

    For inquiries regarding the above, please contact:

    T&D Holdings, Inc., Group Planning Department, Investor Relations Division Tel: +81-3-3272-6103

    T&D Life Group Medium-Term Management Plan

    (FY2016-FY2018)

    Try & Discover for the Next Stage

    - A Three-Year Period for Expanding Our Growth Areas -

    May 23, 2016

    T&D Holdings, Inc. (Security Code 8795)

    Introduction: T&D Life Group's Corporate Vision

    T&D Life Group's Corporate Philosophy

    With our "Try & Discover" motto for creating value, we aim to be a group that contributes to all people and societies.

    Initiatives under the Current Medium-Term Management Plan

    Contribute to solutions for social issues through the life insurance business in pursuing maximization of "satisfaction of all stakeholders."

    T&D Life Group's Management Vision

    From the customers' point of view

    We aim to be the top insurance company in terms of customer satisfaction by providing the best products and services.

    Initiatives under the Current Medium-Term Management Plan

    Positioning the domestic life insurance business as the core business, the T&D Life Group will form a "specialized major life insurance group" by combining multiple life insurance companies with highly unique and specialized business models under a single roof. The Group will provide the best products and services to customers and establish a strong presence in the domestic life insurance market.

    From the shareholders', investors', and market's point of view

    We aim to be a major life insurance group with a strong market presence by increasing our corporate value in a steady and sustainable manner by taking on new challenges toward growth.

    1

    Try & Discover for the Next Stage -A Three-Year Period for Expanding Our Growth Areas-