Tokio Marine Holdings, Inc.
President: Shuzo Sumi
TSE code number: 8766
Tokio Marine Holdings, Inc. (the "Company") announced today that it has revised the forecasts of its non-consolidated business results under Japanese GAAP for the fiscal year ending March 31, 2011 (from April 1, 2010 to March 31, 2011, "FY2010"), previously announced on May 20, 2010, as detailed below.
1. Revised forecasts of the non-consolidated business results of the Company for FY2010
| | Operating income (million yen) | Operating profit (million yen) | Ordinary profit (million yen) | Net income (million yen) | Net income per share (yen) |
| Original forecast* (A) | 86,000 | 80,000 | 80,000 | 80,000 | 101.57 |
| Revised forecast (B) | 118,000 | 112,000 | 112,000 | 112,000 | 144.13 |
| Difference (B)-(A) | 32,000 | 32,000 | 32,000 | 32,000 | － |
| Rate of increase (decrease) (%) | 37.2 | 40.0 | 40.0 | 40.0 | － |
| (Reference) Actual results for the fiscal year ended March 31, 2010 | 32,324 | 26,768 | 26,825 | 44 | 0.05 |
*Note: Announced on May 20, 2010. 2. Explanation of revisions
The Company's non-consolidated business forecasts were revised upward due to a projected increase in the dividends expected to be received by the Company from Tokio Marine & Nichido Fire Insurance Co., Ltd., a consolidated subsidiary of the Company. The increase is in line with the Company's expected increase in capital needs.
The upward revision will not affect the Company’s consolidated business results since the dividends from the consolidated subsidiary will be eliminated on a consolidated basis.
