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

	Operating income (million yen)	Ordinary profit (million yen)	Net income (million yen)	Net income per share (yen)
Previous forecast* (A)	32,000	25,000	25,000	32.59
Revised forecast (B)	84,000	77,000	77,000	100.40
Difference (B)-(A)	52,000	52,000	52,000	-
Rate of increase (decrease) (%)	162.5	208.0	208.0	-
(Reference) Actual results for the fiscal year ended March 31, 2011	127,806	121,621	80,226	103.16

*Note: Announced on November 18, 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.