August 25, 2016 3:40 AM ET

Insurance

Company Overview of Nippon Life Insurance Company

Company Overview

Nippon Life Insurance Company, together with its subsidiaries, engages in insurance and insurance-related businesses in Japan and internationally. The company’s products for individual customers include whole life and term life insurance products, and term life insurance with survival benefits; dread disease, physical disability, and nursing care insurance products; general medical, cancer medical, and limited injury insurance products; annuities and endowment insurance products; juvenile, children’s general medical, and education endowment insurance products; single-payment products; and automobile and fire insurance products. It also offers consultancy services for individual customers. Th...

3-5-12, Imabashi

Chuo-ku

Osaka,  541-8501

Japan

Founded in 1889

Phone:

81 6 6209 4500

Fax:

81 3 5510 7340

Key Executives for Nippon Life Insurance Company

President and Director
Age: 62
Executive Vice President and Director
Age: 62
Senior Managing Executive Officer and Director
Age: 60
Senior Managing Executive Officer and Director
Age: 57
Senior Managing Executive Officer and Director
Age: 56
Compensation as of Fiscal Year 2016.

Nippon Life Insurance Company Key Developments

Nippon Life Insurance Co. Announces Consolidated Earnings Results for the First Quarter of Fiscal 2016

Nippon Life Insurance Co. announced consolidated earnings results for the first quarter of fiscal 2016. For the quarter, the company reported that its profit was down 1.5% at ¥143.5 billion. Premium revenue grew 6.5% to ¥1,362.3 billion.

Nippon Life Insurance Company, Annual General Meeting, Jul 05, 2016

Nippon Life Insurance Company, Annual General Meeting, Jul 05, 2016.

Nippon Life Insurance Company Announces Unaudited Consolidated and Nonconsolidated Earnings Results for the Year Ended March 31, 2016

Nippon Life Insurance Company announced unaudited consolidated and nonconsolidated earnings resultsd for the year ended March 31, 2016. For the year, on non-consolidated basis, the company reported ordinary income of JPY 7,744,877 million against JPY 7,293,695 million a year ago. Ordinary profit was JPY 537,509 million against JPY 607,241 million a year ago. Surplus before income tax was JPY 359,800 million against JPY 429,411 million a year ago. Net surplus was JPY 288,049 million against JPY 303,758 million a year ago. Core operating profit was JPY 698,134 million against JPY 679,090 million a year ago. For the year, on consolidated basis, the company reported ordinary income of JPY 8,057,594 million against JPY 7,410,093 million a year ago. Ordinary profit was JPY 561,348 million against JPY 618,604 million a year ago. Surplus before income taxes was JPY 480,609 million against JPY 440,738 million a year ago. Net surplus attributable to the parent company was JPY 403,463 million against JPY 308,070 million a year ago. Net cash provided by operating activities was JPY 2,719,088 million against JPY 1,788,193 million a year ago. Purchases of assets held in trust were JPY 2,000 million. Purchases of tangible fixed assets were JPY 50,009 million against JPY 50,695 million a year ago.

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Recent Private Companies Transactions

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