Millea Holdings, Inc.
President: Kunio Ishihara
TSE code number: 8766
Millea Holdings, Inc. (the "Company") hereby announces that it has revised the original forecast of consolidated business results for the six months ended September 30, 2005 as follows. 1. Revised forecast of consolidated business results of the Company for the six months ended September 30, 2005
| ||Ordinary income ||Ordinary profit ||Net income |
|Original forecast (A) (*1) ||1,400 ||75 ||35 |
|Revised forecast (B) ||1,580 ||80 ||38 |
|Difference (B)-(A) ||180 ||5 ||3 |
|Rate of increase/decrease ||12.9 % ||6.7 % ||8.6 % |
Actual results for the six months ended September 30, 2004
|1,390.3 ||7.9 ||- 7.1 |
(*1) Announced on May 27, 2005. 2. Reasons for the revisions
The revisions are made in particular as a result of an increase in ordinary income, which is primarily due to a significant increase in the amount of life insurance premium of Tokio Marine & Nichido Financial Life Insurance Co., Ltd. as a result of strong sales of individual annuity insurance.
We intend to announce the forecast of consolidated business results of the Company for the year ending March 31, 2006 on November 22, 2005, together with the results for the six months ended Setpember 30, 2005.