Meiji Yasuda Life 1H FY2025 Profit Slips 17% But Surplus Holds Steady As Investment Income Climbs
Link: https://links.sgx.com/1.0.0/corporate-announcements/76AJB12XAZIPP4RB/f6c853505040ab54c53059ce472304adc2078083ec53462c6386dba98f0f7f95
Summary:
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Ordinary profit for the six months ended 30 September 2025 fell to ¥66.9 billion from ¥79.7 billion a year earlier, as higher benefits, claims and policy reserve provisions offset stronger investment income.
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Net surplus attributable to the parent edged down to ¥65.9 billion from ¥69.0 billion, but comprehensive income swung sharply higher to ¥746.0 billion on the back of large unrealised gains on available-for-sale securities.
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Total assets rose slightly to ¥53.97 trillion, with securities holdings expanding and separate account assets reaching ¥572.7 billion.
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Net cash provided by operating activities surged to ¥573.2 billion from ¥29.2 billion, while the group booked significant outflows of ¥785.2 billion in investing activities amid active portfolio rebalancing and new acquisitions.