Basic profits of life insurance companies in Japan FY 2014-2023

Published by Statista Research Department, Dec 9, 2024

In the fiscal year 2023, basic profits of life insurance companies in Japan amounted to approximately 3.9 trillion Japanese yen. Compared to the previous year, basic profits rose by 41.5 percent. The basic profit is an indicator of profitability of life insurance companies.

Basic profits of life insurance companies in Japan in fiscal years 2014 to 2023 (in trillion Japanese yen)

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Release date

November 2024

Region

Japan

Survey time period

fiscal years 2014 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

Basic profits are calculated by deducting the capital gain/loss and extraordinary gain/loss from the ordinary profits.

Figures reflect the business results of member companies of The Life Insurance Association of Japan.

Figures prior to fiscal year 2019 are from previous reports.

100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of December 2024.

Values have been rounded.




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