Want to see JP:8725 full AI Analyst Report?
Top Page
MS&AD Insurance Group Holdings
(8725)
Select Model
Select Model
Rating:78Outperform
Price Target:
¥5,637.00
▲(15.09% Upside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by improved financial performance (notable profitability and ROE step-up with manageable leverage), supported by a favorable valuation (low P/E and solid dividend yield) and constructive technical trend (price above major moving averages with healthy momentum).
Positive Factors
Accelerating Revenue Growth
Sustained revenue expansion indicates stronger premium generation and business scale. The recent acceleration supports operating leverage and gives MS&AD a broader earnings base across its insurance and investment operations.
Negative Factors
Earnings Margin Volatility
The wide variation in margins shows that profitability is not yet consistently stable. Insurance claims, catastrophe losses, pricing conditions and investment results can materially affect earnings, making the improved margin profile vulnerable to normalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue Growth
Sustained revenue expansion indicates stronger premium generation and business scale. The recent acceleration supports operating leverage and gives MS&AD a broader earnings base across its insurance and investment operations.
Read all positive factors
MS&AD Insurance Group Holdings (8725) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥7.27T
Dividend Yield3.77%
Average Volume (3M)3.86M
Price to Earnings (P/E)8.3
Beta (1Y)1.07
Revenue Growth20.69%
EPS Growth30.43%
CountryJP
Employees46,856
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)602.20
Shares Outstanding1,492,551,800
10 Day Avg. Volume3,912,120
30 Day Avg. Volume3,855,210
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)1.26
Price to Sales (P/S)0.83
P/FCF Ratio8.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥5,252.73Price Target Upside7.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)415.99
Revenue Forecast (FY)¥7.04T
MS&AD Insurance Group Holdings Business Overview & Revenue Model
Company Description
MS&AD Insurance Group Holdings, Inc. operates as a global insurance conglomerate, offering a diverse array of insurance and financial services. Its portfolio includes extensive non-life coverage, such as policies for fire, marine, personal acciden...
How the Company Makes Money
MS&AD makes money mainly through (1) insurance underwriting and (2) investment income generated from assets held to support insurance liabilities.
1) Underwriting (insurance premiums minus claims and expenses)
- Premium income: The group collects...
MS&AD Insurance Group Holdings Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.93T | 7.21T | 6.38T | 6.12T | 5.11T | 4.85T |
| Gross Profit | 3.96T | 4.04T | 3.09T | 2.98T | 2.27T | 2.31T |
| EBITDA | 1.21T | 1.18T | 1.04T | 593.74B | 413.98B | 482.62B |
| Net Income | 893.17B | 787.34B | 691.66B | 369.27B | 211.01B | 262.80B |
Balance Sheet | ||||||
| Total Assets | 30.12T | 28.64T | 26.24T | 26.96T | 24.35T | 25.03T |
| Cash, Cash Equivalents and Short-Term Investments | 2.14T | 4.90T | 2.14T | 2.91T | 2.77T | 2.36T |
| Total Debt | 1.70T | 998.41B | 831.39B | 744.14B | 821.10B | 1.01T |
| Total Liabilities | 23.39T | 23.82T | 22.19T | 22.45T | 21.21T | 21.73T |
| Stockholders Equity | 6.67T | 4.77T | 4.00T | 4.47T | 3.09T | 3.26T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 730.43B | 634.99B | 526.59B | 169.53B | 208.58B |
| Operating Cash Flow | 0.00 | 762.61B | 660.19B | 549.47B | 194.15B | 236.71B |
| Investing Cash Flow | 0.00 | -567.79B | -360.92B | -178.37B | 453.78B | 148.95B |
| Financing Cash Flow | 0.00 | -129.23B | -659.40B | -227.16B | -312.03B | 58.55B |
MS&AD Insurance Group Holdings Technical Analysis
Positive
4898.00
Price Trends
4672.88
Positive
4431.61
Positive
4081.86
Positive
Market Momentum
63.29
Positive
57.15
Neutral
35.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8725, the sentiment is Positive. The current price of 4898 is above the 20-day moving average (MA) of 4891.40, above the 50-day MA of 4672.88, and above the 200-day MA of 4081.86, indicating a bullish trend. The MACD of 63.29 indicates Positive momentum. The RSI at 57.15 is Neutral, neither overbought nor oversold. The STOCH value of 35.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8725.
MS&AD Insurance Group Holdings Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥7.27T | 8.33 | 17.69% | 3.79% | 20.69% | 30.43% | |
75 Outperform | ¥6.23T | 8.79 | 13.27% | 2.13% | ― | ― | |
68 Neutral | ¥6.44T | 11.82 | 11.07% | 2.83% | 16.92% | 66.45% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ¥2.30T | 16.18 | 9.01% | 2.55% | 6.25% | 17.99% | |
66 Neutral | ¥13.98T | 18.07 | 18.94% | 2.69% | -0.19% | -40.12% | |
62 Neutral | ¥1.77T | 10.78 | ― | 2.44% | -5.90% | 27.69% |
* Financial Sector Average
JP:8725
MS&AD Insurance Group Holdings
4,927.00
1,464.91
42.31%
JP:8750
Dai-ichi Life Holdings
1,777.00
556.57
45.60%
JP:8630
Sompo Holdings
6,708.00
2,079.36
44.92%
JP:8795
T&D Holdings
4,724.00
938.13
24.78%
JP:8766
Tokio Marine Holdings
7,261.00
913.50
14.39%
JP:7181
JAPAN POST INSURANCE Co., Ltd.
1,636.50
287.66
21.33%
MS&AD Insurance Group Holdings Corporate Events
MS&AD Delivers Strong Q1 FY2026 Results and Confirms Robust Dividend Outlook
Aug 14, 2026
MSAD Insurance Group Holdings reported consolidated insurance revenue of ¥1,478.3 billion for the three months ended June 30, 2026, with income before tax of ¥440.9 billion and net income attributable to owners of the parent of ¥330...
MS&AD Advances Large-Scale Share Buyback Program
Aug 5, 2026
MSAD Insurance Group Holdings has disclosed progress on its share repurchase program, buying 8,228,700 common shares for approximately JPY 37.38 billion between July 1 and July 31, 2026. This latest tranche forms part of a previously announced buy...
MS&AD Advances Share Buyback Under ¥190 Billion Repurchase Plan
Jul 2, 2026
MSAD Insurance Group Holdings, Inc., a leading Japanese insurance group listed in Tokyo and Nagoya, offers extensive non-life and life insurance products to corporate and individual customers. Its scale and presence make it a key player in Japan&#...
MS&AD Outlines FY2025 Results and Forecasts Across Global Insurance Segments
Jun 29, 2026
MSAD Insurance Group Holdings released explanatory materials for its consolidated business results for the fiscal year ended March 31, 2026. The document outlines performance across domestic non-life, domestic life, and overseas insurance subsidia...
MS&AD boosts dividends as profits rise and shifts to IFRS reporting
Jun 29, 2026
MSAD Insurance Group reported consolidated insurance revenue of about ¥5.95 trillion for the year ended March 31, 2026, with net income attributable to owners of the parent rising to roughly ¥458.5 billion and return on equity reaching 8...
MS&AD’s Mitsui Sumitomo Insurance Plans Up to ¥200 Billion in Domestic Bond Issuance
Jun 22, 2026
Mitsui Sumitomo Insurance, a core subsidiary of MSAD Insurance Group Holdings, has approved a plan to issue up to ¥200 billion in domestic unsecured straight bonds. The bonds will have maturities of up to 10 years and an annual interest rate ...
MS&AD Advances Large-Scale Share Buyback Program
Jun 4, 2026
MSAD Insurance Group Holdings has disclosed progress on its ongoing share repurchase initiative, buying 3,499,600 of its own common shares between May 21 and May 31, 2026. The purchases totaled approximately JPY 14.96 billion, reflecting active ex...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.