8766
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社
Financial Services · Insurance - Property & Casualty
Tokio Marine Holdings, Inc. engages in the non-life and life insurance, and financial and general businesses in Japan and internationally. The company operates through four segments: Domestic Non-Life Insurance Business, Domestic Life Insurance Business, International Insurance Business, and Financial and Other Businesses. The company provides fire and allied lines, hull and cargo, health, personal accident, voluntary automobile, and other insurance products, as well as asset management services. It also offers investment advisory, investment trust, staffing, facility management, and nursing care services. The company was formerly known as Millea Holdings, Inc. and changed its name to Tokio Marine Holdings, Inc. in 2008. Tokio Marine Holdings, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥8,872.3B
—
—
—
—
Operating Income
¥1,348.6B
—
—
—
—
Interest Expense
—
¥26.9B
¥26.0B
¥14.0B
¥8.4B
Ordinary Income
¥1,348.6B
¥1,460.0B
¥842.6B
¥503.9B
¥567.4B
Pre-tax Income
¥1,335.0B
¥1,450.3B
¥821.9B
¥529.4B
¥554.3B
Income Taxes
¥347.5B
¥396.5B
¥150.6B
¥179.7B
¥143.9B
Deferred Tax
—
¥-11.9B
¥-22.0B
¥3.2B
¥-36.3B
Net Income (owners)
¥980.4B
¥1,055.3B
¥695.8B
¥376.4B
¥420.5B
Minority Interest
—
¥-1.5B
¥-24.5B
¥-26.8B
¥-10.1B
Comprehensive Income
—
¥449.5B
¥1,874.3B
¥-116.4B
¥590.8B
Goodwill Amort. (J-GAAP)
—
¥89.9B
¥84.4B
¥80.7B
¥72.2B
EPS
¥515.55
¥542.16
¥351.59
¥187.33
¥613.46
Shares Outstanding
—
1.92B
1.97B
1.99B
678.6M
Shares Issued (total)
—
1.93B
1.98B
2.00B
680.0M
Treasury Shares
—
9.1M
3.5M
9.3M
1.4M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥31,961.9B
¥31,237.3B
¥30,594.9B
¥27,699.8B
¥27,245.9B
PP&E
¥683.4B
¥562.1B
¥399.6B
¥399.8B
¥344.7B
Goodwill
—
¥318.5B
¥372.6B
¥428.6B
¥453.4B
Intangible Assets
—
¥1,158.1B
¥1,150.7B
¥1,165.9B
¥1,082.6B
Deferred Tax Assets
—
¥112.4B
¥46.5B
¥77.8B
¥46.3B
Total Liabilities
¥26,504.4B
¥26,133.8B
¥25,411.5B
¥24,042.0B
¥23,173.2B
Total LT Borrowings
¥227.0B
¥227.2B
¥224.4B
¥222.8B
¥219.8B
Pension Obligations
—
¥223.9B
¥236.6B
¥255.4B
¥259.2B
Deferred Tax Liab.
—
¥103.1B
¥378.8B
¥137.7B
¥264.8B
Total Equity
¥5,457.6B
¥5,103.5B
¥5,183.3B
¥3,657.8B
¥4,072.6B
Capital Stock
—
¥150.0B
¥150.0B
¥150.0B
¥150.0B
Retained Earnings
¥3,548.9B
¥2,925.6B
¥2,378.8B
¥2,042.1B
¥1,954.4B
Treasury Stock
—
¥-53.6B
¥-14.2B
¥-28.1B
¥-13.2B
AOCI
—
¥2,054.9B
¥2,662.0B
¥1,467.1B
¥1,929.4B
Equity (owners)
¥3,394.7B
¥3,022.0B
¥2,514.6B
¥2,164.0B
¥2,091.3B
Minority Interests
—
¥26.7B
¥6.7B
¥26.7B
¥51.9B
Total Interest-Bearing Debt ⓘ
¥227.0B
¥227.2B
¥224.4B
¥222.8B
¥219.8B
Net Cash ⓘ
¥1,858.1B
¥1,242.5B
¥862.6B
¥762.6B
¥692.4B
BV/Share
—
¥1,570
¥1,274
¥1,086
¥3,082
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥584.3B
¥1,345.1B
¥1,072.1B
¥1,007.6B
¥1,102.2B
Interest Paid
—
¥-26.7B
¥-27.4B
¥-12.8B
¥-8.8B
Interest Received
—
¥982.9B
¥847.9B
¥665.4B
¥552.0B
D&A
¥162.0B
¥147.0B
¥127.9B
¥112.5B
¥89.8B
Goodwill Amort.
—
¥89.9B
¥84.4B
¥80.7B
¥72.2B
Investing CF
¥639.7B
¥164.6B
¥-627.6B
¥18.2B
¥-665.4B
CapEx
¥45.0B
¥26.1B
¥20.7B
¥24.9B
¥29.1B
Financing CF
¥-624.3B
¥-1,188.4B
¥-406.2B
¥-1,009.2B
¥-504.6B
Dividends Paid
—
¥-281.2B
¥-219.1B
¥-192.0B
¥-151.6B
Share Buybacks
—
¥-269.0B
¥-62.9B
¥-111.7B
¥-93.7B
Free Cash Flow
¥539.3B
¥1,318.9B
¥1,051.4B
¥982.7B
¥1,073.2B
Net Change in Cash
—
¥382.8B
¥101.6B
¥73.2B
¥-8.2B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
18.6%
20.6%
15.9%
9.8%
10.9%
ROA
3.1%
3.4%
2.4%
1.4%
1.5%
EPS
¥515.55
¥542.16
¥351.59
¥187.33
¥613.46
DPS
¥105.50
¥172.00
¥123.00
¥200.00
¥255.00
BPS
¥2,885.44
¥2,640.27
¥2,623.94
¥1,823.65
¥5,932.05
FCF/Share
—
¥685
¥532
¥493
¥1,581
Payout Ratio
20.5%
31.7%
35.0%
106.8%
41.6%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 5
Date Activist Stake Event Flag Demands Source
2026-01-05
Mitsubishi UFJ Financial Group Inc.
4.84%
-0.23%
change
Passive
—
2025-09-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.09%
change
Passive
—
2024-10-07
Mitsubishi UFJ Financial Group Inc.
5.07%
+0.2%
initial_5pct
Passive
—
2024-07-29
Mitsubishi UFJ Financial Group Inc.
4.87%
change
Passive
—
2024-06-06
BlackRock Japan Co., Ltd.
7.11%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-20
16:00
Div Increase
¥211.5B ¥112.5/sh
+24%
Tokio Marine Holdings, announced a dividend increase for fiscal year ending March 31, 2026, raising the year-end dividen…
Summary
Tokio Marine Holdings, announced a dividend increase for fiscal year ending March 31, 2026, raising the year-end dividend per share to ¥112.5 from the previously forecast ¥105.5, representing a ¥7 upward revision. Combined with the interim dividend of ¥105.5, the total annual dividend reaches ¥218 per share, up 26.7% from the prior year's ¥172. The total dividend payout amounts to ¥211.5 billion with an effective date of June 30, 2026.
Deadline: 2026-06-30
YoY: +24%
Source (JP)
期末配当金につきましては、1株当たり105.5円の予想としておりましたが、2026年3月期の業績を勘案し、7円の上方修正となる1株当たり112.5円に引き上げることといたします。中間配当金105.5円と合わせた年間配当金は1株当たり218円となります。
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社信託口
329,309
17.11%
2
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行信託口
150,011
7.79%
3
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
51,529
2.68%
4
State Street Bank and Trust Company
STATE STREET BANK WEST CLIENT - TREATY 505234 (常任代理人 株式会社みずほ銀行決済営業部)
38,770
2.01%
5
JPモルガン証券株式会社
37,699
1.96%
6
明治安田生命保険相互会社 (常任代理人 株式会社日本カストディ銀行)
37,304
1.94%
7
Employee Stock Ownership Plan
東海日動従業員持株会
28,676
1.49%
8
MOXLEY AND CO LLC (常任代理人 株式会社三菱UFJ銀行)
28,183
1.46%
9
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385781 (常任代理人 株式会社みずほ銀行決済営業部)
27,102
1.41%
10
株式会社三菱UFJ銀行
23,546
1.22%
Domestic Nominees
24.9%
+17.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
6.1%
-0.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
8.1%
-15.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
日本マスタートラスト信託銀行
NEW ENTRY
—
—
—
17.11%
NEW
日本カストディ銀行
7.69%
7.37%
7.79%
+0.42%
State Street
3.10%
3.38%
4.69%
+1.31%
JPモルガン証券
↑
1.63%
1.20%
1.96%
+0.76%
Meiji Yasuda Life Insurance
明治安田生命保険
2.14%
2.16%
1.94%
-0.22%
Employee Stock Ownership Plan
東海日動従業員持株会
1.53%
1.52%
1.49%
-0.03%
MOXLEY AND CO LLC
NEW ENTRY
1.35%
—
1.46%
NEW
JP Morgan
2.68%
2.89%
1.41%
-1.48%
三菱UFJ銀行
NEW ENTRY
—
—
—
1.22%
NEW
日本マスタートラスト信託銀 行株式会社信託口
last seen 2024
Exited Top 10
18.39%
16.83%
—
Barclays
last seen 2024
Exited Top 10
—
1.50%
—
Concentration (HHI)
ⓘ
426
368
391
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved