Dai-ichi Life Holdings, Inc. (8750) Overview
Dai-ichi Life Holdings, Inc. is a Japanese insurance holding company. It operates through three segments: Domestic Insurance, Overseas Insurance, and Other. The company manages subsidiaries involved in life and health insurance, and related businesses.
Recent Developments
Several recent announcements highlight Dai-ichi Life’s activities:
- March 4, 2025: Dai-ichi Life’s Protective Life Unit is set to cede a $9.7 billion insurance block to Resolution Life.
- March 4, 2025: The company completed a share issuance for stock remuneration.
- February 28, 2025: Dai-ichi Life, along with Marubeni, agreed to merge domestic real estate units, with Marubeni Real Estate Development Co., Ltd. acquiring stakes in Dai-ichi Life Realty Asset Management Co., Ltd. and Sohgo Housing Co., Ltd. as well as in Dai-ichi Building Co., Ltd.
- February 20, 2025: An undisclosed private fund owned by Dai-ichi Life Holdings, Inc. acquired 11 residential assets.
- February 16, 2025: The company announced plans for a 4-for-1 stock split to expand the investor base, along with expanding shareholder benefits.
- February 5, 2025: Dai-ichi Life is set to acquire a 6.9% stake in IRRC.
- January 23, 2025: Prudential Financial and Dai-ichi Life announced a strategic partnership.
Financial Data and Market Performance
- Stock Information:
- Symbol: 8750 (JP)
- Delayed: Japan Exchange
- Last Close Price: 4,433.00 JPY
- Recent Performance:
- 5-day change: +0.34%
- 1st Jan Change: +5.05%
- Analysts’ Consensus: The consensus rating is OUTPERFORM, with an average target price of 5,064.55 JPY, indicating potential upside.
Company Profile Summary
Dai-ichi Life Holdings, Inc. is a prominent player in the life and health insurance sector, with a workforce of 59,495 employees. The company is known for its comprehensive insurance offerings, including individual and group policies. The company also invests in securities, real estate and monetary claims. It operates both domestically and internationally.
Note: This information is for informational purposes only and does not constitute financial advice.