MS&AD Insurance Group Holdings Inc (JP:8725)
:8725
Top Page
MS&AD Insurance Group Holdings
(8725)
Select Model
Select Model
Rating:72Outperform
Price Target:
¥4,810.00
▲(24.90% Upside)
Action:UpgradedDate:02/20/26
The score is driven primarily by strong profitability and a stable, conservatively leveraged balance sheet, supported by attractive valuation (low P/E with a dividend). Technicals are bullish but tempered by overbought momentum signals, and declining revenue growth plus past cash-flow volatility add risk.
Positive Factors
Improving profitability
A materially higher net margin and improved ROE indicate stronger underwriting discipline and more efficient capital use. These durable improvements support sustainable earnings, internal capital generation for claims and investments, and the ability to maintain dividends and reserves over the medium term.
Negative Factors
Declining revenue growth
A falling top-line growth rate is a structural concern for an insurer: slower premium growth constrains scale benefits, limits incremental underwriting margin improvement, and reduces the growth of investable float, making it harder to expand earnings sustainably without improved pricing or market share gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving profitability
A materially higher net margin and improved ROE indicate stronger underwriting discipline and more efficient capital use. These durable improvements support sustainable earnings, internal capital generation for claims and investments, and the ability to maintain dividends and reserves over the medium term.
Read all positive factors
MS&AD Insurance Group Holdings (8725) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥6.05T
Dividend Yield2.59%
Average Volume (3M)3.86M
Price to Earnings (P/E)8.2
Beta (1Y)1.31
Revenue Growth23.01%
EPS Growth2.59%
CountryJP
Employees38,391
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,492,551,800
10 Day Avg. Volume3,912,120
30 Day Avg. Volume3,855,210
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.25
Price to Sales (P/S)0.78
P/FCF Ratio7.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,885.71Price Target Upside26.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MS&AD Insurance Group Holdings Business Overview & Revenue Model
Company Description
MS&AD Insurance Group Holdings, Inc., an insurance holding company, provides insurance and financial services worldwide. The company offers fire and allied, marine, personal accident, voluntary automobile, compulsory automobile liability, and othe...
How the Company Makes Money
MS&AD Insurance Group Holdings generates revenue primarily through its insurance underwriting activities, which involve collecting premiums from policyholders in exchange for coverage against potential risks. The company earns most of its income f...
MS&AD Insurance Group Holdings Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.57T | 6.38T | 6.12T | 5.11T | 4.85T | 4.42T |
| Gross Profit | 3.22T | 3.09T | 2.98T | 2.27T | 2.31T | 1.98T |
| EBITDA | 946.16B | 1.04T | 593.74B | 413.98B | 482.62B | 300.39B |
| Net Income | 710.17B | 691.66B | 369.27B | 211.01B | 262.80B | 144.40B |
Balance Sheet | ||||||
| Total Assets | 26.33T | 26.24T | 26.96T | 24.35T | 25.03T | 24.14T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 2.14T | 2.91T | 2.77T | 2.36T | 2.06T |
| Total Debt | 590.32B | 831.39B | 744.14B | 821.10B | 1.01T | 1.03T |
| Total Liabilities | 22.20T | 22.19T | 22.45T | 21.21T | 21.73T | 21.02T |
| Stockholders Equity | 4.08T | 4.00T | 4.47T | 3.09T | 3.26T | 3.09T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 634.99B | 526.59B | 169.53B | 208.58B | -357.61B |
| Operating Cash Flow | 0.00 | 660.19B | 549.47B | 194.15B | 236.71B | -323.91B |
| Investing Cash Flow | 0.00 | -360.92B | -178.37B | 453.78B | 148.95B | -128.82B |
| Financing Cash Flow | 0.00 | -659.40B | -227.16B | -312.03B | 58.55B | 79.28B |
MS&AD Insurance Group Holdings Technical Analysis
Positive
3851.00
Price Trends
4047.47
Positive
3810.25
Positive
3503.37
Positive
Market Momentum
29.81
Negative
55.17
Neutral
57.88
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 3851 is below the 20-day moving average (MA) of 4035.32, below the 50-day MA of 4047.47, and above the 200-day MA of 3503.37, indicating a bullish trend. The MACD of 29.81 indicates Negative momentum. The RSI at 55.17 is Neutral, neither overbought nor oversold. The STOCH value of 57.88 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥5.53T | 7.65 | ― | 2.82% | 11.37% | 27.90% | |
74 Outperform | ¥13.80T | 13.03 | 20.81% | 3.33% | -2.10% | -8.76% | |
72 Outperform | ¥6.05T | 8.22 | 16.97% | 2.59% | 23.01% | 2.59% | |
72 Outperform | ¥1.76T | 17.60 | ― | 2.44% | -21.38% | 58.05% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ¥5.50T | 7.36 | 10.61% | 3.26% | -8.02% | 5.21% | |
61 Neutral | ¥1.74T | 10.62 | 7.91% | 2.74% | -1.96% | 10.32% |
* Financial Sector Average
JP:8725
MS&AD Insurance Group Holdings
4,115.00
1,285.08
45.41%
JP:8750
Dai-ichi Life Holdings
1,496.50
578.20
62.96%
JP:8630
Sompo Holdings
5,994.00
1,710.35
39.93%
JP:8795
T&D Holdings
4,053.00
1,325.20
48.58%
JP:8766
Tokio Marine Holdings
7,250.00
2,144.28
42.00%
JP:7181
JAPAN POST INSURANCE Co., Ltd.
1,598.00
700.01
77.95%
MS&AD Insurance Group Holdings Corporate Events
MS&AD Finalizes Merger Plan for Core Non-Life Units to Form Mitsui Sumitomo Aioi Insurance
Feb 13, 2026
MSAD Insurance Group’s core non-life units, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, have signed a final agreement to merge, creating Mitsui Sumitomo Aioi Insurance Company, Limited as of April 1, 2027, with Mitsui Sumitomo ...
MS&AD Profit Surges as Assets Grow and Dividend Policy Holds Steady
Feb 13, 2026
MSAD Insurance Group reported consolidated ordinary income of ¥5.91 trillion for the nine months ended 31 December 2025, up 12.9% year on year, with ordinary profit rising 7.5% to ¥886.4 billion and net income attributable to owners of t...
MS&AD Reports January Progress on Share Buyback Programme
Feb 3, 2026
MSAD Insurance Group Holdings has reported progress on its ongoing share repurchase programme, disclosing that it bought 10,813,600 of its own common shares in January 2026 for a total consideration of approximately JPY 42.28 billion. This brings ...
MS&AD Steps Up Share Buyback, Repurchasing 6.4 Million Shares in December
Jan 6, 2026
MSAD Insurance Group Holdings has repurchased 6,439,500 of its own common shares for approximately JPY 23.28 billion during the period from December 1 to December 31, 2025. This transaction forms part of a larger share buyback program authorized i...
Mitsui Sumitomo Insurance to Redeem ¥50 Billion Subordinated Bonds Early
Dec 24, 2025
Mitsui Sumitomo Insurance Company, a core subsidiary of MSAD Insurance Group Holdings, has decided to redeem in full its second series of domestic subordinated unsecured bonds ahead of maturity. The ¥50 billion issue, originally launched in F...
MS&AD Adjusts Establishment Date for New Sub-Subsidiary Without Financial Impact
Dec 24, 2025
MSAD Insurance Group Holdings has updated the planned establishment date of a new sub-subsidiary by one of its consolidated subsidiaries, shifting the schedule from November 30, 2025 to December 23, 2025 (local time) due to the need for additional...
MS&AD Insurance Announces Treasury Stock Cancellation Correction
Dec 10, 2025
MSAD Insurance Group Holdings, Inc. announced a correction to its previous notice regarding the cancellation of treasury stock, adjusting the number of issued shares post-cancellation. The company resolved to cancel 115,846,976 shares, representin...
MS&AD Insurance Group Initiates Share Buyback Program
Dec 2, 2025
MSAD Insurance Group Holdings has announced the purchase of 1,917,400 of its own shares for approximately JPY 6.62 billion between November 20 and November 30, 2025. This move is part of a larger stock repurchase plan, aiming to buy back up to 75 ...
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.