In the fiscal year 2023, the net income of major non-life insurance groups in Japan amounted to about 1.5 trillion Japanese yen. Compared to the previous fiscal year, the value increased by nearly 870 billion yen.
Net income of major general insurance groups in Japan from fiscal year 2016 to 2023
(in billion Japanese yen)
Characteristic
Net income in billion Japanese yen
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fiscal year 2016 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
net income attributable to shareholders; consolidated figures**
Supplementary notes
*From fiscal year 2023 onwards, overseas consolidated subsidiaries applicable to the International Financial Reporting Standards (IFRS) have adopted IFRS 17 “Insurance Contracts”. Figures for fiscal 2022 are adjusted retrospectively.
**Figures for Tokio Marine Holdings, MS&AD Holdings, and SOMPO Holdings.
Figures prior to the fiscal year 2021 are from previous reports.
100 Japanese yen equal 0.64 U.S. dollars or 0.59 euros as of June 2024.
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Financial Services Agency (Japan). (June 14, 2024). Net income of major general insurance groups in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/
Financial Services Agency (Japan). "Net income of major general insurance groups in Japan from fiscal year 2016 to 2023 (in billion Japanese yen)." Chart. June 14, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/
Financial Services Agency (Japan). (2024). Net income of major general insurance groups in Japan from fiscal year 2016 to 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/
Financial Services Agency (Japan). "Net Income of Major General Insurance Groups in Japan from Fiscal Year 2016 to 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/
Financial Services Agency (Japan), Net income of major general insurance groups in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/ (last visited July 22, 2024)
Net income of major general insurance groups in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) [Graph], Financial Services Agency (Japan), June 14, 2024. [Online]. Available: https://www.statista.com/statistics/1284978/japan-net-income-major-non-life-insurance-groups/
