Summary of Consolidated Business Results of Tokio Marine Holdings, - PDF document

Summary of Consolidated Business Results of Tokio Marine Holdings, Inc. under Japanese GAAP for the year ended March 31, 2014 May 20, 2014 Company Name: Tokio Marine Holdings, Inc. (the "Company") Stock Exchange Listing: Tokyo Securities Code Number: 8766 (URL: http://www.tokiomarinehd.com/) Representative: Tsuyoshi Nagano, President Contact: Jun Ehara, Corporate Planning Dept. Phone: 03-5223-3212 Scheduled date of ordinary general meeting of shareholders: June 23, 2014 Scheduled date for starting payment of dividends: June 24, 2014 Scheduled date for filing the securities report : June 23, 2014 Supplementary information for financial statements: Available IR Conference Call: To be held (for analysts) (Note) All amounts are truncated and all ratios are rounded. 1. Consolidated Business Results for the year ended March 31, 2014 (April 1, 2013 to March 31, 2014) (1) Consolidated Results of Operations (Note) Ratios reflect changes from the previous fiscal year. Ordinary income Ordinary profit Net income million yen % �� million yen % million yen % Year ended March 31, 2014 4,166,130 8.0 274,386 32.3 184,114 42.1 Year ended March 31, 2013 3,857,769 12.9 207,457 29.4 129,578 2,059.0 (Note) Comprehensive income: Year ended March 31, 2014 442,277 (19.3) million yen % Year ended March 31, 2013 548,251 million yen - % Net income per share Net income per share Ratio of net income to Ratio of ordinary Ratio of ordinary profit - Basic - Diluted equity profit to total assets to ordinary income yen yen % % % Year ended March 31, 2014 239.98 239.75 7.3 1.5 6.6 Year ended March 31, 2013 168.93 168.77 6.2 1.2 5.4 (Reference purpose only) Equity in earnings (losses) of affiliates: Year ended March 31, 2014 (1,080) million yen (1,526) Year ended March 31, 2013 million yen (2) Consolidated Financial Conditions Ratio of equity capital to Total assets Net assets Net assets per share total assets million yen million yen % yen As of March 31, 2014 18,948,000 2,739,114 14.3 3,535.84 As of March 31, 2013 18,029,442 2,363,183 13.0 3,051.58 (Reference purpose only) Equity capital: As of March 31, 2014 2,712,762 million yen As of March 31, 2013 2,340,670 million yen (3) Consolidated Cash Flows Cash flows from Cash flows from Cash flows from Cash and cash equivalents operating activities investing activities financing activities at end of fiscal year million yen million yen million yen million yen Year ended March 31, 2014 424,729 (168,214) (346,478) 924,499 Year ended March 31, 2013 138,724 (761,058) 485,443 979,389 2. Dividends Cash dividends per share Ratio of cash Ratio of cash Total amount dividends to dividends to Second of annual First quarter Third quarter Year-end Annual total consolidated consolidated quarter dividends net income net assets yen yen yen yen yen million yen % % Fiscal year ended March 31, 2013 - 27.50 - 27.50 55.00 42,187 32.6 2.0 Fiscal year ended March 31, 2014 - 30.00 - 40.00 70.00 53,705 29.2 2.1 Fiscal year ending March 31, 2015 - 37.50 - 37.50 75.00 25.0 (Forecasts) 3. Consolidated Business Forecast for the fiscal year ending March 31, 2015 (April 1, 2014 to March 31, 2015) (Note) Ratios reflect changes from the previous fiscal year. Ordinary profit Net income Net income per share million yen % million yen % yen Fiscal year ending March 31, 2015 335,000 22.1 230,000 24.9 299.78

*Notes (1) Significant changes with respect to the subsidiaries of the Company (changes in Specified Subsidiaries that resulted in a change in the scope of consolidation) during the year ended March 31, 2014: None (2) Changes in accounting policies, changes in accounting estimates, and retrospective restatements (a) Changes in accounting policies to reflect amendments of accounting standards and related matters: Yes (b) Changes in accounting policies other than (a): None (c) Changes in accounting estimates: None (d) Retrospective restatements: None (3) Number of shares issued (common share) (a) Total number of the shares issued (including treasury shares) As of March 31, 2014 769,524,375 shares 769,524,375 As of March 31, 2013 shares (b) Number of treasury shares held As of March 31, 2014 2,306,514 shares As of March 31, 2013 2,490,205 shares (c) Average number of shares outstanding 767,199,371 During the year ended March 31, 2014 shares 767,023,881 During the year ended March 31, 2013 shares (Reference purpose only) Summary of Non-consolidated Business Results of Tokio Marine Holdings, Inc. under Japanese GAAP for the year ended March 31, 2014 1. Non-consolidated Business Results for the year ended March 31, 2014 (April 1, 2013 to March 31, 2014) (Note) Ratios reflect changes from the previous fiscal year. (1) Non-consolidated Results of Operations Operating income Operating profit Ordinary profit Net income million yen % million yen % million yen % million yen % Year ended March 31, 2014 19,442 (60.1) 12,012 (71.4) 12,083 (71.1) 12,384 (70.4) Year ended March 31, 2013 48,718 (42.0) 41,944 (46.0) 41,866 (46.2) 41,860 (32.6) Net income per share - Basic Net income per share - Diluted yen yen Year ended March 31, 2014 16.14 16.12 Year ended March 31, 2013 54.57 54.52 ; (2) Non-consolidated Financial Conditions Ratio of equity capital to Total assets Net assets Net assets per share total assets million yen million yen % yen As of March 31, 2014 2,478,082 2,476,501 99.9 3,225.43 As of March 31, 2013 2,509,192 2,507,720 99.9 3,267.07 (Reference purpose only) Equity capital: As of March 31, 2014 2,474,609 million yen 2,505,956 As of March 31, 2013 million yen 2. Non-consolidated Business Forecast for the fiscal year ending March 31, 2015 (April 1, 2014 to March 31, 2015) (Note) Ratios reflect changes from the previous fiscal year. Net income per Operating income Ordinary profit Net income share million yen % million yen % million yen % yen Fiscal year ending March 31, 2015 85,000 337.2 77,500 541.4 77,500 525.8 101.01 *Disclosure regarding the execution of the audit process This “Summary of Consolidated Business Results” is outside the scope of the external auditor’s annual audit procedure required by the Financial Instruments and Exchange Act. The audit process has not been completed as of the date of the disclosure in the “Summary of Consolidated Business Results”. *Notes concerning the business forecast and other items Any business forecasts contained in this document are based on information available to the Company as of the date of this document and certain assumptions, and actual results may materially differ from the forecasts depending upon various factors. For key assumptions for the business forecasts and other related information, please refer to "Business Results" on page 2 of the Appendix.