Dai-ichi Life Holdings Inc
Dai-ichi Life Holdings, Inc., through its subsidiaries, provides insurance products in Japan, the United States, and internationally. The company operates through three segments: Domestic Insurance Business, Overseas Insurance Business, and Other Business. It offers educational endowment insurance, individual annuity, variable product, investment trust, lump-sum payment products, group annuity pl… Read more
Dai-ichi Life Holdings Inc (DLICY) - Net Assets
Latest net assets as of December 2025: $4.08 Trillion USD
Based on the latest financial reports, Dai-ichi Life Holdings Inc (DLICY) has net assets worth $4.08 Trillion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($72.43 Trillion) and total liabilities ($68.35 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.08 Trillion |
| % of Total Assets | 5.64% |
| Annual Growth Rate | 3.85% |
| 5-Year Change | -27.82% |
| 10-Year Change | 18.3% |
| Growth Volatility | 38.04 |
Dai-ichi Life Holdings Inc - Net Assets Trend (2005–2025)
This chart illustrates how Dai-ichi Life Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dai-ichi Life Holdings Inc (2005–2025)
The table below shows the annual net assets of Dai-ichi Life Holdings Inc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $3.47 Trillion | -10.62% |
| 2024-03-31 | $3.88 Trillion | +35.12% |
| 2023-03-31 | $2.87 Trillion | -34.83% |
| 2022-03-31 | $4.41 Trillion | -8.29% |
| 2021-03-31 | $4.81 Trillion | +27.28% |
| 2020-03-31 | $3.78 Trillion | +1.71% |
| 2019-03-31 | $3.71 Trillion | -0.95% |
| 2018-03-31 | $3.75 Trillion | +19.51% |
| 2017-03-31 | $3.14 Trillion | +6.97% |
| 2016-03-31 | $2.93 Trillion | -18.30% |
| 2015-03-31 | $3.59 Trillion | +84.32% |
| 2014-03-31 | $1.95 Trillion | +18.11% |
| 2013-03-31 | $1.65 Trillion | +66.27% |
| 2012-03-31 | $991.75 Billion | +35.52% |
| 2011-03-31 | $731.83 Billion | -24.10% |
| 2010-03-31 | $964.19 Billion | +66.26% |
| 2009-03-31 | $579.93 Billion | -63.43% |
| 2008-03-31 | $1.59 Trillion | -45.09% |
| 2007-03-31 | $2.89 Trillion | +14.50% |
| 2006-03-31 | $2.52 Trillion | +54.78% |
| 2005-03-31 | $1.63 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dai-ichi Life Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 134952800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.35 Trillion | 38.89% |
| Common Stock | $344.35 Billion | 9.92% |
| Other Comprehensive Income | $1.46 Trillion | 41.94% |
| Other Components | $320.75 Billion | 9.24% |
| Total Equity | $3.47 Trillion | 100.00% |
Dai-ichi Life Holdings Inc Competitors by Market Cap
The table below lists competitors of Dai-ichi Life Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EQT Corporation
NYSE:EQT
|
$36.63 Billion |
|
Cenovus Energy Inc
NYSE:CVE
|
$36.85 Billion |
|
DNB Bank ASA
PINK:DNBBY
|
$37.00 Billion |
|
Daiichi Sankyo Company Limited
PINK:DSKYF
|
$37.02 Billion |
|
DR Horton Inc
NYSE:DHI
|
$36.56 Billion |
|
Woodside Energy Group Ltd
NYSE:WDS
|
$36.54 Billion |
|
KB Financial Group Inc
NYSE:KB
|
$36.30 Billion |
|
Crown Castle
NYSE:CCI
|
$36.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dai-ichi Life Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,882,155,000,000 to 3,469,704,000,000, a change of -412,451,000,000 (-10.6%).
- Net income of 429,613,000,000 contributed positively to equity growth.
- Dividend payments of 162,356,000,000 reduced retained earnings.
- Share repurchases of 101,849,000,000 reduced equity.
- Other comprehensive income decreased equity by 554,987,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $429.61 Billion | +12.38% |
| Dividends Paid | $162.36 Billion | -4.68% |
| Share Repurchases | $101.85 Billion | -2.94% |
| Other Comprehensive Income | $-554.99 Billion | -16.0% |
| Other Changes | $-22.87 Billion | -0.66% |
| Total Change | $- | -10.62% |
Book Value vs Market Value Analysis
This analysis compares Dai-ichi Life Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $3255.76 | $12.40 | x |
| 2006-03-31 | $5043.70 | $12.40 | x |
| 2007-03-31 | $5775.14 | $12.40 | x |
| 2008-03-31 | $3170.20 | $12.40 | x |
| 2009-03-31 | $1147.03 | $12.40 | x |
| 2010-03-31 | $1904.78 | $12.40 | x |
| 2011-03-31 | $1442.93 | $12.40 | x |
| 2012-03-31 | $1990.26 | $12.40 | x |
| 2013-03-31 | $3316.71 | $12.40 | x |
| 2014-03-31 | $3925.55 | $12.40 | x |
| 2015-03-31 | $6720.19 | $12.40 | x |
| 2016-03-31 | $5490.34 | $12.40 | x |
| 2017-03-31 | $5872.94 | $12.40 | x |
| 2018-03-31 | $7018.61 | $12.40 | x |
| 2019-03-31 | $6951.81 | $12.40 | x |
| 2020-03-31 | $7070.36 | $12.40 | x |
| 2021-03-31 | $8998.91 | $12.40 | x |
| 2022-03-31 | $8248.60 | $12.40 | x |
| 2023-03-31 | $5653.92 | $12.40 | x |
| 2024-03-31 | $7978.16 | $12.40 | x |
| 2025-03-31 | $3745.16 | $12.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dai-ichi Life Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.71%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 20.06x
- Recent ROE (12.38%) is above the historical average (6.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.59% | 2.97% | 0.16x | 18.38x | $-22.89 Billion |
| 2006 | 6.02% | 3.21% | 0.15x | 12.89x | $-100.38 Billion |
| 2007 | 6.12% | 3.86% | 0.14x | 11.64x | $-111.91 Billion |
| 2008 | 8.28% | 2.88% | 0.14x | 20.15x | $-27.27 Billion |
| 2009 | 15.14% | 1.66% | 0.17x | 53.08x | $29.46 Billion |
| 2010 | 5.84% | 1.05% | 0.16x | 33.71x | $-39.57 Billion |
| 2011 | 2.66% | 0.45% | 0.13x | 44.85x | $-52.87 Billion |
| 2012 | 2.07% | 0.45% | 0.14x | 34.06x | $-77.91 Billion |
| 2013 | 1.97% | 0.64% | 0.14x | 21.73x | $-131.82 Billion |
| 2014 | 4.00% | 1.33% | 0.15x | 19.36x | $-116.82 Billion |
| 2015 | 3.97% | 2.00% | 0.14x | 13.88x | $-216.51 Billion |
| 2016 | 6.09% | 2.60% | 0.14x | 17.02x | $-114.77 Billion |
| 2017 | 7.37% | 3.75% | 0.12x | 16.57x | $-82.44 Billion |
| 2018 | 9.71% | 5.56% | 0.12x | 14.30x | $-11.00 Billion |
| 2019 | 6.06% | 3.36% | 0.12x | 15.06x | $-146.32 Billion |
| 2020 | 0.86% | 0.51% | 0.11x | 15.89x | $-345.26 Billion |
| 2021 | 7.57% | 4.81% | 0.12x | 13.23x | $-116.94 Billion |
| 2022 | 9.29% | 5.21% | 0.12x | 14.94x | $-31.50 Billion |
| 2023 | 6.05% | 2.07% | 0.14x | 21.43x | $-113.58 Billion |
| 2024 | 8.26% | 3.06% | 0.16x | 17.40x | $-67.45 Billion |
| 2025 | 12.38% | 4.71% | 0.13x | 20.06x | $82.64 Billion |
Industry Comparison
This section compares Dai-ichi Life Holdings Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dai-ichi Life Holdings Inc (DLICY) | $4.08 Trillion | 8.59% | 16.74x | $36.61 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |