March 28, 2012
Tokio Marine Holdings, Inc.
President: Shuzo Sumi
TSE code number: 8766
Revised forecasts of non-consolidated business results of Tokio Marine Holdings, Inc. under Japanese GAAP for the fiscal year ending March 31, 2012
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, 2012 ("FY2011"), previously announced on November 18, 2011, as detailed below.
1. Revised forecasts of the non-consolidated business results of the Company for FY 2011
2. Explanation of revisions
The Company's non-consolidated business forecasts were revised upward due to a projected increase in the dividends from Tokio Marine & Nichido Fire Insurance Co., Ltd., a consolidated subsidiary of the Company.
The Company intends to utilize such amount primarily to increase capital of Tokio Marine & Nichido Financial Life Insurance Co., Ltd., another consolidated subsidiary of the Company.
The upward revision will not affect the Company's consolidated business results since the dividends and the capital increase will be eliminated on a consolidated basis.
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