MS&AD Insurance Group Holdings Inc 8725

Stock XTKS Rating as of Oct 1, 2026

¥4,772.00 −114.00 (2.33%)

As of Oct 2, 2026, 6:20:52 AM Delayed Price Open

Company Report

Lowering Uncertainty Rating for MS&AD on Favorable Macroeconomic and Governance Shifts

Iris Tan Jul 31, 2026

MS&AD is Japan's largest P&C insurer by market share. Its core strategy centers on sweeping portfolio reforms: aggressively unwinding domestic strategic cross-shareholdings—targeting a zero balance by 2030—to redeploy capital into high ROE overseas operations and digital transformation. Domestically, MS&AD maximizes scale through synergy expansion, integrating Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance back-office systems and agency networks for significant cost savings, while leveraging deep corporate ties in the Toyota ecosystem.

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Price vs Fair Value

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8725 is trading at a LOCK|ZSkz< premium.

Price

¥4,886.00

Oct 1, 2026

Fair Value

LOCK|&V

May 23, 2025

Uncertainty

LOCK|Twk>$

1-Star Price: LOCK|H!M
5-Star Price: LOCK|$?
Economic Moat: LOCK|Dg
Capital Allocation: LOCK|R$@R?Q@

Bulls Say, Bears Say

Bulls

MS&AD's larger holdings of domestic equities relative to its capital mean that it stands to release the most capital over the coming six years as it and its rivals sell down strategic equity holdings to zero.

Bears

Among the three Japanese nonlife insurers, we think MS&AD has the highest sensitivity to fluctuations in Japanese stock prices, reflecting its smaller cushion of excess capital.

Trading Information

Previous Close Price: ¥4,886.00
Day Range: ¥4,764.00–4,867.00
52-Week Range: ¥3,108.00–5,326.00
Bid/Ask: ¥4,772.00 / ¥4,773.00
Shares Outstanding: 1.43B
Market Cap: ¥6.81T
Volume/Avg: 3M / 5M

Key Statistics

Price/Earnings (Normalized): 9.27
Price/Sales: 0.49
Dividend Yield (Trailing): 2.76%
Dividend Yield (Forward): 2.87%
Dividend Payment Schedule: Jun, Dec
Total Yield: 5.92%

Company Profile

MS&AD is Japan’s largest domestic property and casualty insurer by market share, trailing Tokio Marine HCC in global scale. Domestically, it maintains a solid second-tier life presence. Overseas, MS&AD holds a dominant, profitable retail footprint in the Association of Southeast Asian Nations and is aggressively pivoting to US specialty lines via a milestone investment in W.R. Berkley, supported by MS Amlin’s successful turnaround in global specialty markets.Domestically, MS&AD leverages deep corporate ties with Mitsui and Sumitomo, alongside an exclusive Toyota partnership that provides unparalleled advantages in capturing auto insurance customers and building advanced telematics data funnels.

Sector: Financial Services
Industry: Insurance - Property & Casualty
Stock Style Box: Large Core
Total Number of Employees: 55,661
Website: http://www.ms-ad-hd.com

Competitors

Valuation

Metric	8725	8766	8750
Price/Earnings (Normalized)	9.27	0.95	14.20
Price/Book Value	1.06	1.81	1.43
Price/Sales	0.49	0.12	0.63
Price/Cash Flow	77.03	0.70	—

Price/Earnings

8725

8766

8750

Financial Strength

Metric	8725	8766	8750
Quick Ratio	—	—	—
Current Ratio	—	—	—
Interest Coverage	—	—	11.06

Quick Ratio

No chart available

Profitability

Metric	8725	8766	8750
Return on Assets (Normalized)	—	—	—
Return on Equity (Normalized)	—	—	—
Return on Invested Capital (Normalized)	—	—	—

Return on Assets