Dai-ichi Life Holdings Inc - Stock Quote DCNSF
Morningstar's Dai-ichi Life Holdings Inc Stock Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Dai-ichi Life Holdings Inc's Company Profile
Dai-Ichi Life is Japan’s second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 15%, Alabama-based Protective Life accounts for around 15%, and TAL in Australia accounts for 5%. Dai-Ichi also holds a 30% economic interest in Mizuho’s Asset Management One.
Tokyo, 100-8411, Japan