Tokio Marine Holdings Inc (OTCPK:TKOMY)
$ 38.48 1.24 (3.33%) Market Cap: 74.74 Bil Enterprise Value: 68.85 Bil PE Ratio: 9.41 PB Ratio: 2.12 GF Score: 78/100
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Q3 2022 Tokio Marine Holdings Inc Earnings Call Transcript

Feb 14, 2022 / NTS GMT
Release Date Price: $20.63 (+1.93%)
Takayuki Yuasa
Tokio Marine Holdings, Inc. - Executive VP, Group CFO & Representative Director

My name is Yuasa, Group CFO of Tokio Marine Holdings. I thank all of the participants for joining us tonight despite it's late in the day. Thank you for your interest in Tokio Marine.

Today, Tokio Marine announced its third quarter results and upward the revision to full year projections. So I am going to be explaining about that first.

Without further ado, please turn to Page 3. I have 2 points I would like to convey to you today. The first point is that third quarter earnings was very strong.

Adjusted net income for the third quarter was JPY 472.9 billion. This is a progress rate of 96.5% against the annual projection announced back in November last year.

Therefore, I believe it is fair to conclude that current business performance is robust. The second point is that based on the strong third quarter results and strong business momentum, we are making upward revision to full year projections.

Specifically, full year guidance of adjusted net income will be

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