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Investor Presentaiton

Life Insurance Industry in Japan Continues to Grow Change in Population and Protection Needs Population in 1985 (millions) 3.0 2.5 2.0 Protection 1.5 for family 1.0 0.5 0.0 20 20 40 60 Dai-ichi Life Holdings In-force ANP of Japanese Life Companies 25 Protection for medical & pension needs 20 15 60 80 100 (Age) (trillions of yen) Individual Annuity Individual Life Medical etc. 5-year average 2.5% (0.2)% Outstanding growth in single premium whole life products through bancassurance channel as a substitute for term deposit (millions) Population in 2025 10 3.0 2.5 Protection for family 2.0 Protection 5 1.5 for medical & pension 1.0 needs 0.5 0 0.0 0 20 40 60 80 100 (Age) (Source) National Institute of Population and Social Security Research Mar-16 Mar-15 Mar-14 Mar-13 Mar-12 Mar-11 Mar-10 Mar-09 Mar-08 Mar-07 3.5% 2.7% (Source) Company disclosure, Life Insurance Laboratory, Life Insurance Association of Japan 7
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