Daiichi Life Group (8750) investor relations material

International business strategy and performance

• International life insurance business aims to be the group's growth driver, targeting over 50% of group profit by 2030 and a market capitalization of JPY 10 trillion.

• Achieved a 10% CAGR in adjusted profit over the past decade, reaching JPY 119.2 billion in FY2025, with strong positions across Asia, Oceania, North America, and Europe.

• North America is the core market, focusing on protection, retirement, and capital-light businesses, with significant profit growth expected and ongoing M&A including the Obsidian acquisition.

• Europe leverages the M&G partnership for retirement market growth, asset management synergies, and collaborative product development, targeting 8% profit growth.

• Oceania maintains top market share in protection, seeks to expand in retirement, and expects stable profit recovery, supported by Challenger investment.

Regional business strategies

• Asia focuses on scaling up in Vietnam, India, Cambodia, and Myanmar, aiming for profitability in more Mekong markets by 2030 and improving policy quality.

• Strategic investments of approximately JPY 1.5 trillion are planned for FY2026–FY2030, with 70% allocated to developed markets, to accelerate growth and reach JPY 700 billion group adjusted profit by FY2030.

• Inorganic growth through bolt-on M&A and strategic investments is prioritized for early profit contribution and rapid cash payback.

• Financial discipline will be maintained in pursuing both organic and inorganic growth opportunities.

New business and portfolio transformation

• Goal to generate 10% of group-adjusted profit from non-insurance businesses by 2030, focusing on asset management and new business fields, transforming into an insurance and related services provider.

• Expands non-insurance portfolio through Buy (M&A), Borrow (alliances), and Build (in-house development) strategies, focusing on B2B and B2C domains.

• Benefit One is central to the new business platform, showing strong growth post-acquisition with increased revenue, membership, and client companies, and ongoing initiatives to enhance value and productivity.

• Strategic alliances with companies like Infomart, Resona Holdings, and miive enhance operational efficiency and expand service offerings for both businesses and consumers.

• Internal venture program launched to foster innovation and systematically raise business development capabilities across the group.