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 non-consolidated business results for the six months ending September 30, 2006 and for the year ending March 31, 2007 (from April 1, 2006 to March 31, 2007) as follows.
1.Revised forecast of non-consolidated business results of the Company for the six months ending September 30, 2006
| | Ordinary income | Ordinary profit | Net income |
| Original forecast (A) (*1) | 100,000 | 98,500 | 98,500 |
| Revised forecast (B) | 194,000 | 192,500 | 192,500 |
| Difference (B)-(A) | 94,000 | 94,000 | 94,000 |
| Rate of increase/decrease | 94.0 % | 95.4% | 95.4 % |
(Reference) Actual results for the six months ended September 30, 2005 | 137,753 | 136,583 | 136,332 |
(*1) Announced on May 24, 2006.
2.Revised forecast of non-consolidated business results of the Company for the year ending March 31, 2007
| | Ordinary income | Ordinary profit | Net income |
| Original forecast (A) (*1) | 208,000 | 205,000 | 205,000 |
| Revised forecast (B) | 289,500 | 286,500 | 286,500 |
| Difference (B)-(A) | 81,500 | 81,500 | 81,500 |
| Rate of increase/decrease | 39.2 % | 39.8% | 39.8% |
(Reference) Actual results for the year ended March 31, 2006 | 143,103 | 140,489 | 138,457 |
(*1) Announced on May 24, 2006
3.Reasons for the revisions
The revisions are due to an increase in the amount of dividends the Company will be receiving from Tokio Marine & Nichido Fire Insurance Co., Ltd. The Company intends to utilize such amount primarily to increase capital of its subsidiaries, Tokio Marine & Nichido Life Insurance Co., Ltd. and Tokio Marine & Nichido Financial Life Insurance Co., Ltd.
The forecast of consolidated business results for the six months ending September 30, 2006 and for the year ending March 31, 2007 has not been revised.