Investor Presentaiton
NISSAY
Nippon Life
Insurance Company
Global and Asset Management Businesses
The global business and asset management business are key drivers of our revenue source diversification,
although their contribution to entire core operating profit is still small
We continue to pursue additional revenue contribution from growing global market and asset management space
Group Core Operating Profit¹
Domestic
Insurance
Business
91%
Global Insurance Business
(Group Core Operating Profit²)
(\bn)
11.8
MLC Others
14.8
10.7
Overseas
Insurance
Business
3%
8.6
8.0
1.8
5.3
4.7
Asset
Management
6.2
6.4
5.8
6.8
4.0
2.3
4.4
6.0
Business
6%
(8.7)
(2.5)
(2.8)
(24.3)
MLC has recovered
from deficit due to
i
increased payments
FY2022
FY2018
(\bn)
(20.3)
! in income protection
insurance
FY2019 FY2020 FY2021 FY2022 FY2022 FY2023
Apr-Sep Apr-Sep
Asset Management Business
(Group Core Operating Profit²)
■Nissay Asset Management
NAM India 3
Others
32.5
31.4
27.3
6.1
4.0
21.6
22.8
1.5
4.5
5.1
9.4
11.1
16.0
11.6
13.3
0.8
4.8
4.6
0.1
5.3
7.8
16.9
16.2
12.4
13.0
14.2
7.8
7.3
FY2018
FY2019 FY2020 FY2021 FY2022 FY2022 FY2023
Apr-Sep Apr-Sep
Figures are Nippon Life, Taiju Life, Nippon Wealth Life, Hanasaku Life's core operating profits, global life insurance subsidiaries and affiliates along with domestic / global asset management
businesses' total pre-tax net income multiplied by our share ownership adjusting factors such as exclusion of interest rate fluctuation, including global life insurance subsidiaries and affiliates
Group core operating profit represents total pre-tax net income multiplied by our share ownership adjusting factors such as exclusion of interest rate fluctuation, including global life insurance
subsidiaries and affiliates
1.
2.
3.
Nippon Life India Asset Management
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