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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Q2 2023 Tokio Marine Holdings Inc Earnings Call Transcript

Nov 18, 2022 / 06:00AM GMT
Release Date Price: $18.79 (-1.78%)
Satoru Komiya
Tokio Marine Holdings, Inc. - President, Group CEO, Group Chief Culture Officer & Representative Director

Good evening, everyone, and hello. My name is Komiya. Thank you for your participation to this meeting, despite your busy schedule. I also wanted to thank you for your continuous interest and support towards Tokio Marine Group.

To kick off this telephone conference tonight, I would like to present financial earnings for the second quarter and messages from the management based on the second quarter earnings.

If you have the material in front of you, please turn to Page 3. There are mainly 3 points I would like to convey to you today. First point is about the underlying performance of the Tokio Marine's business.

Although recently, we have been impacted by COVID-19 and natural catastrophes, excluding these transient one-off factors, on underlying basis, performance continues to be strong, led by international business. In fact, normalized profit forecast for this year is revised upwards by JPY 10 billion to JPY 560 billion.

Second point is about

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