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Tokio Marine Holdings Inc (TKOMY)
OTHER OTC:TKOMY
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Tokio Marine Holdings
(OTC:TKOMY)
Rating:79Outperform
Price Target:
$47.00
▲(11.19% Upside)
Tokio Marine Holdings (TKOMY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$78.75B
Dividend Yield1.73%
Average Volume (3M)10.40K
Price to Earnings (P/E)11.6
Beta (1Y)0.69
Revenue Growth2.63%
EPS Growth47.43%
CountryUS
Employees43,870
SectorFinancial
Sector Strength67
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)4.95
Shares Outstanding1,934,000,000
10 Day Avg. Volume20,218
30 Day Avg. Volume10,397
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue0.01
Enterprise Value/Gross Profit0.01
Enterprise Value/Ebitda-45.71
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Tokio Marine Holdings Business Overview & Revenue Model
Company DescriptionTokio Marine Holdings, Inc. engages in non-life and life insurance, and financial and general businesses worldwide. It operates through four segments: Domestic Non-Life Insurance, Domestic Life Insurance, International Insurance, and Financial and Other. The company offers fire and allied lines, hull and cargo, health, personal accident, automobile, and other insurance products, as well as asset management services. It also provides investment advisory, investment trust, staffing, facility management, and nursing care services. The company was formerly known as Millea Holdings, Inc. and changed its name to Tokio Marine Holdings, Inc. in 2008. Tokio Marine Holdings, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyTokio Marine Holdings generates revenue primarily through the underwriting of insurance policies, collecting premiums from policyholders across a diverse portfolio of insurance products. The company earns money through both its domestic operations in Japan and its international business, which includes markets in North America, Europe, and Asia. Key revenue streams include premiums from property and casualty insurance, which cover risks like natural disasters, accidents, and liability, as well as from life insurance products that provide financial protection and savings solutions. Additionally, Tokio Marine invests the premiums it collects in various financial instruments, generating investment income that contributes to its overall earnings. The company also engages in strategic partnerships and acquisitions to expand its market presence and enhance its service offerings, thereby driving further revenue growth.
Tokio Marine Holdings Earnings Call Summary
Earnings Call Date:Aug 07, 2025
(Q4-2024)
| % Change Since: 1.20%|
Next Earnings Date:Nov 14, 2025
Earnings Call Sentiment Positive
The earnings call presented a strong performance in fiscal 2024 with significant growth in adjusted net income and shareholder returns. However, challenges including decreased life insurance premiums, inflation impacts, and CRE loan issues were noted. The overall outlook for fiscal 2025 remains positive with projected income growth and continued equity sales.Q4-2024 Updates
Positive Updates
Strong Fiscal 2024 Performance
Adjusted net income excluding one-off effects was JPY679.0 billion, showing a 14% year-over-year growth driven by major international businesses and favorable foreign exchange impacts.
Increased Shareholder Return
Dividend per share (DPS) for fiscal year 2024 increased by JPY10 to JPY172, resulting in a 40% growth, with further DPS growth projected at 22% in fiscal 2025.
Significant Equity Sales
Sales of business-related equities amounted to JPY922 billion, exceeding the February forecast by JPY10 billion and achieving 1.5x the initial forecast.
Positive Forecast for Fiscal 2025
Projected adjusted net income for fiscal 2025 is JPY700 billion, with an expected growth rate of 7% when excluding FX factors.
Negative Updates
Decrease in Life Insurance Premiums
Life insurance premiums decreased by 44% from the February announcement due to block reinsurance by Anshin Life in March.
Inflation Impact on Costs
Increased unit repair costs in Japan and social inflation in North America led to higher provisioning and deviations from initial assumptions.
CRE Loan Challenges
The expected capital loss on CRE loans was revised to minus $440 million due to higher interest rates and decreased demand for office spaces.
Company Guidance
During the conference call for Tokio Marine's FY 2024 results and FY 2025 forecast, several key financial metrics and guidance points were discussed. The FY 2024 adjusted net income, excluding one-off effects, reached JPY679 billion, reflecting a 14% year-over-year growth, bolstered by the strong performance of international businesses and currency exchange rate impacts. The sales of business-related equities amounted to JPY922 billion, surpassing the initial forecast by JPY10 billion, contributing to an overall adjusted net income, including these gains, of JPY1.215 trillion. For FY 2025, the company projects JPY700 billion in adjusted net income, excluding equity sales gains, indicating a 3% growth over the previous year. The projected dividend per share (DPS) for FY 2024 was revised to JPY172, representing a 40% increase, and is expected to grow by 22% to JPY210 in FY 2025. The company also plans to repurchase JPY220 billion of its own shares in FY 2025. The projected sales of business-related equities for FY 2025 remain at JPY600 billion, consistent with the previous year, and the adjusted net income, including these sales, is expected to reach JPY1.1 trillion. The management emphasized the importance of consistent profit growth and shareholder returns, alongside disciplined capital management and strategic investment opportunities.Tokio Marine Holdings Financial Statement Overview
Summary
Tokio Marine Holdings showcases robust financial health with excellent revenue and profit growth, supported by strong operational efficiency and effective cost management. The balance sheet is well-capitalized with low leverage, and cash flows are solid, indicating financial resilience.Income Statement
Tokio Marine Holdings has demonstrated a strong and consistent revenue growth trajectory over the past five years, with a notable 7.12% increase in the most recent year. The company's net profit margin has improved significantly, reaching 13.91%, indicating effective cost management and profitability. The EBIT and EBITDA margins are robust at 19.47% and 22.61%, respectively, showcasing operational efficiency. While the company is excelling in profitability, continued focus on diversifying revenue streams could further enhance stability.85
Very Positive
Balance Sheet
The balance sheet of Tokio Marine Holdings reflects a solid financial structure with a low debt-to-equity ratio of 0.045, indicating conservative leverage use. The equity ratio stands at 16.25%, suggesting a strong equity base relative to total assets. Return on equity has been impressive at 20.79%, driven by strong net income performance. However, there is room for improvement in further optimizing asset utilization to enhance returns.78
Positive
Cash Flow
Tokio Marine Holdings shows a healthy cash flow position with consistent growth in free cash flow, demonstrating strong cash generation capabilities. The free cash flow growth rate of 25.42% over the past year is a positive indicator of financial flexibility. Additionally, the operating cash flow to net income ratio of 1.27 signifies efficient cash conversion. The company should continue to focus on efficient capital allocation to maintain and enhance its cash flow stability.82
Very Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.58T | 7.08T | 6.44T | 5.75T | 5.32T |
| Gross Profit | 7.58T | 7.08T | 6.44T | 5.75T | 5.32T |
| EBITDA | 1.71T | 1.06T | 542.22B | 555.94B | 231.68B |
| Net Income | 1.06T | 695.81B | 374.61B | 420.48B | 161.80B |
Balance Sheet | |||||
| Total Assets | 31.24T | 30.59T | 27.70T | 27.25T | 25.77T |
| Cash, Cash Equivalents and Short-Term Investments | 1.07T | 896.90B | 871.99B | 848.82B | 812.01B |
| Total Debt | 227.25B | 224.40B | 222.81B | 219.79B | 230.60B |
| Total Liabilities | 26.13T | 25.41T | 962.51B | 23.17T | 22.04T |
| Stockholders Equity | 5.08T | 5.18T | 3.63T | 4.02T | 3.67T |
Cash Flow | |||||
| Free Cash Flow | 1.32T | 1.05T | 982.71B | 1.07T | 1.15T |
| Operating Cash Flow | 1.35T | 1.07T | 1.01T | 1.10T | 1.18T |
| Investing Cash Flow | 164.62B | -627.65B | 18.19B | -665.44B | -731.01B |
| Financing Cash Flow | -1.19T | -406.20B | -1.01T | -504.63B | -512.97B |
Tokio Marine Holdings Technical Analysis
Positive
42.27
Price Trends
41.13
Positive
39.82
Positive
37.79
Positive
Market Momentum
0.30
Negative
58.98
Neutral
79.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TKOMY, the sentiment is Positive. The current price of 42.27 is above the 20-day moving average (MA) of 40.67, above the 50-day MA of 41.13, and above the 200-day MA of 37.79, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 58.98 is Neutral, neither overbought nor oversold. The STOCH value of 79.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TKOMY.
Tokio Marine Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $78.75B | 11.60 | 20.44% | 1.73% | 2.63% | 47.43% | |
78 Outperform | $60.24B | 11.83 | 19.29% | 1.60% | 8.54% | 43.51% | |
77 Outperform | $55.08B | 9.83 | 27.33% | 1.87% | 9.81% | 94.71% | |
74 Outperform | $107.50B | 11.90 | 14.10% | 1.37% | 6.74% | -4.05% | |
67 Neutral | $17.03B | 11.50 | 9.79% | 3.95% | 10.63% | 1.98% | |
66 Neutral | $24.53B | 11.73 | 13.23% | ― | 1.66% | 8.51% | |
58 Neutral | $3.04B | 9.12 | 12.21% | 2.49% | -6.08% | ― |
* Financial Sector Average
Performance Comparison
TKOMY
Tokio Marine Holdings
42.27
8.80
26.29%
CB
Chubb
269.31
2.54
0.95%
ALL
Allstate
205.00
37.21
22.18%
MKL
Markel
1,898.34
376.42
24.73%
TRV
Travelers Companies
265.36
56.41
27.00%
KMPR
Kemper
50.62
-8.51
-14.39%
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.