DLICY (Daiichi Life Group) Shares Outstanding (EOP): 1,800 Mil (As of Mar. 2026)


DLICY Daiichi Life Group Inc DLICY
72 GF Score
Price $21.95
GF Value $15.12
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Daiichi Life Group Shares Outstanding (EOP)?

Daiichi Life Group DLICY +0.46% 72 Shares Outstanding (EOP) is 1,800 Mil as of Mar. 2026. GuruFocus rates DLICY with a GF Score™ of 72/100 and a GF Value™ of $15.12 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Daiichi Life Group's shares outstanding for the quarter that ended in Mar. 2026 was 1,800 Mil.

Daiichi Life Group's quarterly shares outstanding declined from Dec. 2025 (1,815 Mil) to Mar. 2026 (1,800 Mil). It means Daiichi Life Group bought back shares from Dec. 2025 to Mar. 2026 .

Daiichi Life Group's annual shares outstanding declined from Mar. 2025 (1,841 Mil) to Mar. 2026 (1,800 Mil). It means Daiichi Life Group bought back shares from Mar. 2025 to Mar. 2026 .


Daiichi Life Group  (OTCPK:DLICY) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Daiichi Life Group Shares Outstanding (EOP) Related Terms


Daiichi Life Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Daiichi Life Group's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daiichi Life Group Shares Outstanding (EOP) Chart

Daiichi Life Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,048.93 1,966.38 1,890.34 1,840.52 1,800.48

Daiichi Life Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,840.52 1,832.10 1,820.76 1,814.63 1,800.48

DLICY vs AFL, MET, PRU: Shares Outstanding (EOP) Comparison

For the Insurance - Life subindustry, Daiichi Life Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daiichi Life Group Shares Outstanding (EOP) vs Insurance Industry

For the Insurance industry and Financial Services sector, Daiichi Life Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Daiichi Life Group's Shares Outstanding (EOP) falls into.


DLICY
72GF Score
Daiichi Life Group Inc DLICY
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiichi Life Group Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 1,800 Mil mean?
Daiichi Life Group (DLICY) has a Shares Outstanding (EOP) of 1,800 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Daiichi Life Group and its competitors.
Is Daiichi Life Group's Shares Outstanding (EOP) too high?
Daiichi Life Group's current Shares Outstanding (EOP) is 1,800 Mil. Overall, Daiichi Life Group has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiichi Life Group's Shares Outstanding (EOP) compare to AFL and MET?
Daiichi Life Group's Shares Outstanding (EOP) of 1,800 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Insurance company?
A good Shares Outstanding (EOP) depends on the Insurance industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Daiichi Life Group and its competitors. Daiichi Life Group's current Shares Outstanding (EOP) is 1,800 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiichi Life Group stock overvalued right now?
Based on GuruFocus' analysis, Daiichi Life Group (DLICY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.12, compared to a current price of $21.95 — trading 45.2% above its estimated fair value. The current Shares Outstanding (EOP) is 1,800 Mil. Daiichi Life Group's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Daiichi Life Group (DLICY), the current Shares Outstanding (EOP) is 1,800 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Daiichi Life Group (DLICY) Overvalued in 2026?

Based on GuruFocus' analysis, Daiichi Life Group stock appears to be overvalued. The current stock price of $21.95 is trading 45.2% above its estimated GF Value™ of $15.12. GuruFocus considers Daiichi Life Group to be Significantly Overvalued.

Key valuation signals for DLICY:

  • Shares Outstanding (EOP): 1,800 Mil
  • GF Value™: $15.12 vs. price of $21.95 (45.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the DLICY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiichi Life Group Business Description

Address 13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-ichi Life is Japan's second-largest life insurer (excluding the recently privatized Japan Post Insurance), commanding 11% of annualized net premiums. Unlike its largest domestic rivals—Nippon Life, Meiji Yasuda, and Sumitomo Life—which remain mutually owned by policyholders, Dai-ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. The group's profit profile is geographically diversified: The main domestic life business contributes roughly 75% of profits, the overseas life business contributes about 22%, and the noninsurance business contributes about 4% of total profits.
72GF Score

Get the complete analysis for DLICY

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.95
Price
$15.12
GF Value