Dai-ichi Life Holdings Inc
8750: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| — | — | — | Qynvprrfm |
Dai-Ichi Life Insurance Earnings: Maintaining Estimates and Fair Value
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Following December quarter results from Dai-Ichi Life that were largely within our expectations, we maintain our projections and fair value estimate of JPY 3,000. We think shares are slightly overvalued at the current price level. Among Japan's insurance industry, the nonlife segment has better growth prospects on greater potential for rising insurance product prices, so that Dai-Ichi Life may lag in its performance compared with Japan's large general insurers Tokio Marine and MS&AD.