T&D Holdings Inc (JP:8795)
:8795
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T&D Holdings
(8795)
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Rating:61Neutral
Price Target:
¥4,292.00
▲(1.85% Upside)
Action:ReiteratedDate:10/11/25
T&D Holdings' overall stock score reflects a mixed financial performance with strong balance sheet metrics but significant cash flow concerns. Technical indicators suggest a neutral to bearish outlook, while the valuation is reasonable with a fair P/E ratio and a decent dividend yield. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Conservative balance sheet
A low debt-to-equity ratio and healthy equity ratio provide durable financial stability. Over the next 2–6 months this conservatism supports regulatory capital, enables continued underwriting capacity, and preserves flexibility to fund claims or invest without relying on expensive external financing.
Negative Factors
Negative operating and free cash flow
Persistently negative operating and free cash flows pose a structural liquidity risk for an insurer that must meet policyholder obligations. Over several months this can force reliance on investment realizations, upstream dividends, or external funding, reducing financial flexibility and increasing refinancing or solvency pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
A low debt-to-equity ratio and healthy equity ratio provide durable financial stability. Over the next 2–6 months this conservatism supports regulatory capital, enables continued underwriting capacity, and preserves flexibility to fund claims or invest without relying on expensive external financing.
Read all positive factors
T&D Holdings (8795) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.72T
Dividend Yield2.74%
Average Volume (3M)2.03M
Price to Earnings (P/E)10.6
Beta (1Y)1.16
Revenue Growth-1.96%
EPS Growth10.32%
CountryJP
Employees20,408
SectorFinancial
Sector Strength70
IndustryInsurance - Life
Share Statistics
EPS (TTM)114.88
Shares Outstanding488,000,000
10 Day Avg. Volume1,473,520
30 Day Avg. Volume2,029,060
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)1.28
Price to Sales (P/S)0.57
P/FCF Ratio-4.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,605.00Price Target Upside9.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)331.55
Revenue Forecast (FY)¥3.20T
T&D Holdings Business Overview & Revenue Model
Company Description
T&D Holdings, Inc., through its subsidiaries, provides life insurance products and services primarily in Japan. It offers comprehensive coverage, including death benefit and medical/nursing care products through in-house sales representatives for ...
How the Company Makes Money
T&D Holdings makes money mainly through its life insurance businesses. Key revenue and earnings drivers include: (1) Insurance premiums: customers pay premiums for life insurance policies and related coverage, forming the core inflow to the operat...
T&D Holdings Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
55
Neutral
| 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
Positive
4214.00
Price Trends
3903.39
Positive
3717.79
Positive
3585.80
Positive
Market Momentum
59.70
Negative
52.86
Neutral
49.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8795, the sentiment is Positive. The current price of 4214 is above the 20-day moving average (MA) of 3902.76, above the 50-day MA of 3903.39, and above the 200-day MA of 3585.80, indicating a bullish trend. The MACD of 59.70 indicates Negative momentum. The RSI at 52.86 is Neutral, neither overbought nor oversold. The STOCH value of 49.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8795.
T&D Holdings Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥2.00T | 3.01 | 20.02% | 2.63% | 23.96% | 179.16% | |
72 Outperform | ¥1.75T | 17.60 | ― | 2.44% | -21.38% | 58.05% | |
69 Neutral | ¥52.82B | 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 | ¥174.82B | 22.15 | ― | ― | 20.22% | 19.40% | |
67 Neutral | ¥5.42T | 7.36 | 10.61% | 3.26% | -8.02% | 5.21% | |
61 Neutral | ¥1.72T | 10.62 | 7.91% | 2.74% | -1.96% | 10.32% |
* Financial Sector Average
JP:8795
T&D Holdings
4,068.00
1,419.44
53.59%
JP:8750
Dai-ichi Life Holdings
1,483.50
605.94
69.05%
JP:8473
SBI Holdings
3,105.00
1,427.50
85.10%
JP:7326
SBI Insurance Group Co., Ltd.
2,139.00
1,159.41
118.36%
JP:7157
Lifenet Insurance Company
2,264.00
615.00
37.30%
JP:7181
JAPAN POST INSURANCE Co., Ltd.
1,625.00
771.76
90.45%
T&D Holdings Corporate Events
T&D Holdings Sets 2030 Vision to Navigate Shrinking Life Insurance Market
Apr 3, 2026
TD Holdings has unveiled a new Group Long-Term Vision, “Try Discover 2030 — Breaking Beyond —,” to guide its strategy from fiscal 2026 amid expectations of a shrinking life insurance market driven by demographic change. Th...
T&D Holdings Lifts Revenue and Dividend Outlook on Strong Premium Growth
Mar 17, 2026
TD 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, particular...
T&D Holdings Completes ¥100 Billion Share Buyback Program
Mar 10, 2026
TD Holdings, Inc., the core company of the TD 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 &...
T&D Holdings Nears Limit of ¥100 Billion Share Buyback Authorization
Mar 2, 2026
TD 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 lat...
T&D Holdings Reshapes Board Leadership to Strengthen Governance
Feb 27, 2026
TD 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 th...
T&D Holdings Posts Modest Profit, Raises Dividend and Expands Group Scope
Feb 13, 2026
TD 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,...
T&D Holdings Continues Large-Scale Share Buyback Program in January 2026
Feb 2, 2026
TD 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. Thi...
T&D Holdings Reports Large Unrealized Bond Losses but Keeps Earnings Outlook Unchanged
Jan 29, 2026
TD 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 ...
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.