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T&D Holdings
(8795)
T&D Holdings (8795) vs. iShares MSCI Japan ETF (EWJ)
T&D Holdings Business Overview & Revenue Model
T&D Holdings Financial Statement Overview
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.02T | 2.89T | 2.80T | 2.51T | 2.18T | 2.13T |
| Gross Profit | 2.19T | 2.07T | 1.98T | 1.59T | 1.33T | 1.32T |
| EBITDA | 169.20B | 192.98B | 157.54B | -81.06B | 44.82B | 159.02B |
| Net Income | 115.92B | 126.41B | 98.78B | -132.15B | 14.18B | 108.51B |
Balance Sheet | ||||||
| Total Assets | 17.34T | 16.62T | 17.21T | 16.77T | 17.81T | 17.88T |
| Cash, Cash Equivalents and Short-Term Investments | 1.89T | 778.68B | 1.14T | 1.14T | 890.67B | 1.02T |
| Total Debt | 221.99B | 186.34B | 21.52B | 184.82B | 231.28B | 211.86B |
| Total Liabilities | 15.72T | 15.31T | 15.80T | 15.78T | 16.42T | 16.32T |
| Stockholders Equity | 1.62T | 1.30T | 1.40T | 987.17B | 1.38T | 1.49T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -379.46B | 247.25B | -329.92B | -404.87B | 489.40B |
| Operating Cash Flow | 0.00 | -359.87B | 262.75B | -307.63B | -396.88B | 500.49B |
| Investing Cash Flow | 0.00 | 94.27B | -180.25B | 665.96B | 283.20B | -261.46B |
| Financing Cash Flow | 0.00 | -87.34B | -79.23B | -106.58B | -57.75B | -72.13B |
T&D Holdings Technical Analysis
T&D Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥2.01T | 3.01 | 20.02% | 2.63% | 23.96% | 179.16% | |
72 Outperform | ¥1.69T | 17.60 | ― | 2.44% | -21.38% | 58.05% | |
69 Neutral | ¥52.97B | 19.36 | 6.16% | 1.10% | 13.99% | 85.66% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ¥169.28B | 22.15 | ― | ― | 20.22% | 19.40% | |
67 Neutral | ¥5.15T | 7.36 | 10.61% | 3.26% | -8.02% | 5.21% | |
61 Neutral | ¥1.60T | 10.62 | 7.91% | 2.74% | -1.96% | 10.32% |
T&D Holdings Corporate Events
T&D Holdings has raised its consolidated ordinary revenue forecast for the fiscal year ending March 31, 2026, to ¥3.42 trillion, up 13.6% from its previous projection, driven by stronger-than-expected income from insurance premiums, particularly higher sales of single-premium products. While revenue expectations and earnings per share have been revised upward, forecasts for ordinary profit, profit attributable to owners of parent and Group adjusted profit remain unchanged, signaling improved top-line momentum without altering the company’s underlying earnings outlook.
The insurer also lifted its dividend forecast, revising the planned year-end payout to ¥68 per share and the full-year dividend to ¥130, reflecting a new policy to return roughly 60% of the five-year average Group adjusted profit to shareholders. Combined with the completed share buyback, the higher dividend underscores a stronger shareholder return stance and will be submitted for approval at the June 2026 ordinary general meeting of shareholders.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen4001.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings, Inc., the core company of the T&D Insurance Group, has completed a share buyback program authorized under its Articles of Incorporation and the Companies Act of Japan. The company repurchased 1,812,900 common shares for approximately ¥7.05 billion between March 1 and March 9, 2026, through open-market transactions using a discretionary trading method.
This latest tranche concludes the treasury share acquisition plan approved by the board on March 31, 2025, which allowed for up to 50 million shares or ¥100 billion. In total, T&D acquired 27,980,400 shares for about ¥100 billion, signaling an active capital management strategy that can bolster earnings per share and shareholder returns, and may support its valuation in the Japanese insurance sector.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen3934.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings has continued its share buyback program, acquiring 2,425,300 shares of common stock for approximately 9.82 billion yen between February 1 and February 28, 2026, via open-market repurchases using a discretionary trading method. This latest tranche brings total repurchases under the current board authorization to 26,167,500 shares and about 92.95 billion yen, signaling an ongoing effort to return capital to shareholders and potentially bolster earnings per share and capital efficiency.
The buyback is being executed under a board resolution approved in March 2025 that permits repurchases of up to 50 million shares, or 9.79% of outstanding stock excluding treasury shares, and up to 100 billion yen through March 31, 2026. By nearing the upper limit of the authorized amount, T&D Holdings underscores its commitment to shareholder returns and balance sheet optimization, which may strengthen its valuation and competitive standing within Japan’s insurance industry.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen4340.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings, Inc. has approved a governance-driven change to its leadership structure, separating the roles of supervision and execution as it enters a new Long-Term Vision from fiscal 2026. The company will transfer the position of Chairman of the Board from the Representative Director and President to a non-representative Director and Chairman, effective April 1, 2026.
Under the reshuffle, Hirohisa Uehara will become Director and Chairman, moving from his current role as Representative Director and Chairman. President Masahiko Moriyama will remain Representative Director and President as T&D Holdings seeks to strengthen its corporate governance in line with Japan’s Corporate Governance Code and bolster long-term corporate value.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen4111.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings reported consolidated ordinary revenues of ¥2.61 trillion for the nine months to 31 December 2025, up 3%, with ordinary profit roughly flat at ¥180.3 billion and profit attributable to owners down 9.8% to ¥108.7 billion, while total assets and equity ratio improved. Despite lower nine-month profit and earnings per share, the group lifted interim and projected full-year dividends to ¥62 and ¥124 per share, maintained its earnings forecast for FY2025, highlighted growth in group adjusted profit, and expanded its consolidation scope by adding Viridium Group and other entities, underscoring an ongoing push to enhance shareholder returns and scale.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen4307.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings has continued its share buyback program, acquiring 1,480,600 shares of common stock on the open market between January 1 and January 31, 2026, at a total cost of approximately 5.6 billion yen under the discretionary trading method. This brings cumulative repurchases under the current board authorization, which allows for up to 50 million shares or 100 billion yen in buybacks through March 31, 2026, to 23,742,200 shares totaling about 83.1 billion yen, signaling an ongoing capital return initiative that may support shareholder value and optimize the company’s capital structure.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen3917.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings has disclosed that unrealized losses on its assessed securities, primarily held-to-maturity and policy-reserve-matching bonds, totaled ¥1,603.8 billion as of December 31, 2025, far exceeding its most recent full-year consolidated ordinary profit and profit attributable to owners of the parent. Despite this large mark-to-market loss, the company is maintaining its earnings and dividend forecasts for the fiscal year ending March 31, 2026, emphasizing that these bonds are held against insurance liabilities whose economic value declines as interest rates rise, thereby offsetting the impact and leaving the group’s financial soundness and capital position essentially unaffected in the near term.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen3835.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.
T&D Holdings has disclosed that it repurchased 731,200 of its own common shares on the open market between December 1 and December 31, 2025, at a total cost of about ¥2.56 billion, under a board-approved share buyback program. This transaction forms part of a larger authorization decided in March 2025 to buy back up to 50 million shares or ¥100 billion by March 31, 2026, under which the company had cumulatively acquired 22,261,600 shares for approximately ¥77.5 billion as of the end of December, signaling continued execution of its capital management strategy and a focus on shareholder returns.
The most recent analyst rating on (JP:8795) stock is a Hold with a Yen3775.00 price target. To see the full list of analyst forecasts on T&D Holdings stock, see the JP:8795 Stock Forecast page.